Drawdown Procedure. (a) Other than in respect of Convertible Security A, the Company must deliver Funding Notice to the Investor if the Company requires an Investment Amount.
Drawdown Procedure. The Borrower shall submit to the Lender an irrevocable drawdown application (the form of which is attached hereto as Annex 1) 3 Business Days prior to the drawdown date. Upon receipt and review and approval of said drawdown application, the Lender shall on the drawdown date transfer the drawdown amount applied for by the Borrower from the Loan Account of the Borrower into the Deposit Account of the Borrower, or, shall directly disburse the said amount into the account designated in the drawdown application by the party making the drawdown.
Drawdown Procedure. (a) So long as no Default or Event of Default has occurred and is continuing the Borrowers may, at any time prior to September 30, 2012, request Drawdowns pursuant to this Section 2.2 by delivery of written notice (a “Borrowing Notice”) to the Lender no later than ten Business Days prior to the date on which funding of the Drawdown is sought. The Borrower Notice shall:
Drawdown Procedure. A. Before Completion of Construction of the Project, the Borrower may request Drawdown of the Loan Commitments during the Availability Period in accordance with the Drawdown Plan as set out in Exhibit 2. In case where progress of the Project is delayed or there is any other unavoidable event, the Borrower may adjust the Drawdown schedule under the Drawdown Plan as set out in Exhibit 2 after obtaining prior written consents from the Facility Agent given in accordance with the instruction of the Majority Lenders. After Completion of Construction of the Project, the Borrower may request Drawdown of the Loan Commitments on any Interest Payment Date during the Availability Period.
Drawdown Procedure. (a) Unless otherwise specified herein, the Borrower may obtain Advances under the Credit Facility, subject to the provisions hereof, by delivering to the Administrative Agent at the Branch of Account not less than four Banking Days' prior to each proposed Drawdown Date for LIBOR Advances, four Business Days' prior to each proposed Drawdown Date for Advances by way of Bankers' Acceptances, two Business Days' prior to each proposed Drawdown Date for Advances by way of Prime Rate Advances and Base Rate Advances, and such notice period in respect of Advances by way of L/Cs as BNS may reasonably require so that it has sufficient time to review the proposed form of L/C, a Drawdown Notice, specifying among other things, the type of Advance, the amount to be borrowed, the requested Drawdown Date and, if applicable, the length of the Interest Period (for LIBOR Advances) or term (for Bankers' Acceptances); provided that, if the Borrower fails to give such notice with respect to the roll-over of any outstanding LIBOR Advances or Advances by way of Bankers' Acceptances prior to any applicable Interest Period or maturity date, as the case may be, such Advances shall be deemed to be Base Rate Advances, in the case of LIBOR Advances, and Prime Rate Advances, in the case of Bankers' Acceptance, and shall bear interest at a rate per annum equal to the Base Rate plus the Applicable Margin or the Prime Rate plus the Applicable Margin, as the case may be (provided that at any time thereafter the Borrower may, provided no Default has occurred and is continuing, convert such Advances into LIBOR Advances or request the issuance of Bankers' Acceptances upon giving notice as set forth in this Section 3.1(a)).
Drawdown Procedure. The Borrower may request the Lender to advance the proceeds of the Loan by delivering to the Lender a duly completed Drawdown Notice, which Drawdown Notice once issued shall be irrevocable and shall be received by the Lender not later than 10:00 a.m. (New York City time) two (2) Business Day prior to the requested Loan. The Lender’s obligation to make the proceeds of the Loan available to the Borrower hereunder shall expire on June 30, 2021; provided, however, that such obligation shall terminate automatically upon the occurrence of a Default or an Event of Default, or upon the occurrence of an event which could reasonably be expected to have a Material Adverse Effect.
Drawdown Procedure. Each Drawdown Notice:
Drawdown Procedure. Each Drawdown shall:
Drawdown Procedure. 8.2.1 Within 64 days after this Agreement is signed, subject to fulfilment of all conditions set out under Clause 7 (other than Clause 7.2.6) above, the Borrower must submit an irrevocable drawdown request (in the form attached hereto as Schedule 1) to the Lender on any Business Day within the Availability Period. The drawdown request shall be submitted 21 days prior to the proposed drawdown date (which is a Business Day within the Availability Period), and the amount to be advanced as applied for under the drawdown request shall not exceed the amount of the Commitment.
Drawdown Procedure. The Company may request a Drawdown by delivering a notice to EFC (a "DRAWDOWN NOTICE") and an Officers' Certificate as described in
