Common use of Drawdown Request Clause in Contracts

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Termination Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in the case of a Same Day Drawing.

Appears in 2 contracts

Samples: www.lw.com, Teekay Offshore Partners L.P.

AutoNDA by SimpleDocs

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Termination Date, Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in the case respect of a Same Day Drawing.

Appears in 2 contracts

Samples: Loan Agreement (Teekay Shipping Corp), Loan Agreement (Teekay Offshore Partners L.P.)

Drawdown Request. The Borrower Borrowers may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment relevant Availability Termination Date, Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in the case of a Same Day DrawingDate.

Appears in 1 contract

Samples: Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Termination Final Availability Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in the case of a Same Day DrawingDate.

Appears in 1 contract

Samples: Loan Agreement (Teekay Tankers Ltd.)

Drawdown Request. The Borrower Borrowers may request a Drawing to be advanced in one amount on any a Business Day prior to the Commitment Termination Date, Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in Date. Any such Drawdown Notice shall be signed by an authorised signatory (including any Attorney-in-Fact) of the case of a Same Day DrawingBorrowers and, once delivered, is irrevocable.

Appears in 1 contract

Samples: Teekay Offshore Partners L.P.

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Termination Date, Final Availability Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon two (New York time) three (32) Business Days before the proposed Drawdown Date save in the case of a Same Day DrawingDate.

Appears in 1 contract

Samples: Agreement (Teekay Shipping Corp)

AutoNDA by SimpleDocs

Drawdown Request. The Borrower Borrowers may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Availability Termination Date, Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon five (New York time) three (35) Business Days before the proposed Drawdown Date save Date. Only one Drawing may be made in the case respect of a Same Day Drawingeach Vessel.

Appears in 1 contract

Samples: Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to no later than: 4.1.1 in the Commitment Termination case of the First Drawdown Date, the First Target Date; and 4.1.2 in the case of any subsequent Drawing, the Final Availability Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later than 12:00 noon 10:00 a.m. (New York time) three (3) Business Days before the proposed Drawdown Date save in the case of a Same Day Drawing.Date. 4.2

Appears in 1 contract

Samples: Teekay Corp

Drawdown Request. The Borrower may request a Drawing to be advanced in one amount on any Business Day prior to the Commitment Availability Termination Date, Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not later fewer than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in the case of a Same Day DrawingDate.

Appears in 1 contract

Samples: Third Supplemental Agreement (Genco Shipping & Trading LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.