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) and not fewer than three (3) Business Days before the proposed Drawdown Date save in respect of a Same Day Drawing.
Appears in 2 contracts
Sources: 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 Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than three (3) Business Days before the proposed Drawdown Date save in respect Date. Any such Drawdown Notice shall be signed by authorised signatories of a Same Day Drawingthe Borrowers and, once delivered, is irrevocable.
Appears in 2 contracts
Sources: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)
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 by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than three (3) Business Days before the proposed Drawdown Date save in respect of a Same Day DrawingDate.
Appears in 1 contract
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 by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than three (3) Business Days before the proposed Drawdown Date save in respect of a Same Day DrawingDate.
Appears in 1 contract
Sources: Third Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD)
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) and not fewer than three two (32) Business Days before the proposed Drawdown Date save in respect of a Same Day DrawingDate.
Appears in 1 contract
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 by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than three five (35) Business Days before the proposed Drawdown Date save Date. Only one Drawing may be made in respect of a Same Day Drawingeach Vessel.
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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 fewer later than 12:00 noon (New York time) three (3) Business Days before the proposed Drawdown Date save in respect of a Same Day DrawingDate.
Appears in 1 contract
Sources: Secured Term Loan Facility 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 by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than three (3) Business Days before the proposed Drawdown Date save in respect Date. Any such Drawdown Notice shall be signed by an authorised signatory (including any Attorney-in-Fact) of a Same Day Drawingthe Borrowers and, once delivered, is irrevocable.
Appears in 1 contract
Sources: Secured Credit Facility (Teekay Offshore Partners L.P.)