DOCUMENTARY CONDITIONS TO UTILISATION Sample Clauses

DOCUMENTARY CONDITIONS TO UTILISATION. No Utilisation Request may be given (and the Lender shall have no obligation to advance any Loan or provide any other form of credit or financial accommodation under the Finance Documents) unless the Senior Agent has delivered the notification to the Borrower referred to in clause 4.1 (Initial conditions precedent) of the Senior Facilities Agreement.
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DOCUMENTARY CONDITIONS TO UTILISATION. No Utilisation Request may be given (and the Lender shall have no obligation to advance any Loan or provide any other form of credit or financial accommodation under this Agreement) unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions to Utilisation) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Related to DOCUMENTARY CONDITIONS TO UTILISATION

  • Supplementary Conditions That part of the Contract Documents which amends or supplements these General Conditions.

  • Conditions of Utilisation 4.1 Initial conditions precedent

  • Utilisation 4.1 The Borrower must provide Navios with a Drawdown Notice at least one Business Day before stating the date on which Navios is to make the Loan available to the Borrower (the Term Date) and to be credited to an account to be nominated by the Borrower:

  • Costs of Utilisation 8 Interest

  • Vendor’s Conditions The obligation of the Vendor to complete the transactions contemplated by this Agreement shall be subject to the satisfaction of, or compliance with, on or before the Closing Date, each of the following conditions precedent (each of which is inserted for the sole benefit of the Vendor and may be waived by it in whole or in part):

  • Conditions relating to Optional Currencies (a) A currency will constitute an Optional Currency in relation to a Loan if:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Conditions Precedent to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • CONDITIONS PRECEDENT TO EACH ADVANCE Lender’s obligation to make the initial Advance and each subsequent Advance under this Agreement shall be subject to the fulfillment to Lender’s satisfaction of all of the conditions set forth in this Agreement and in the Related Documents.

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