Common use of Drawdown Notice, Guarantee Request Clause in Contracts

Drawdown Notice, Guarantee Request. Not less than (3) Banking Days prior to any Drawdown of any of Tranches CT.A, Tranches LT or Tranches CF, the Borrowers shall execute and deliver to the Agent a drawdown notice in the form of Exhibit 1 attached hereto. Not less than (3) Banking Days prior to the required issuance of a Payment Guarantee by NORD/LB, the Borrowers shall execute and deliver to the Agent a guarantee request notice in the form of Exhibit 2 attached hereto.

Appears in 2 contracts

Sources: Loan Agreement (Iii to I Maritime Partners Cayman I Lp), Loan Agreement (Iii to I Maritime Partners Cayman I Lp)