Common use of Drawing down Clause in Contracts

Drawing down. The Borrower need not use the Facility. However, if the Borrower wants to use the Facility, it may do so by one or more drawdowns.

Appears in 4 contracts

Samples: Term Facility Agreement (James Hardie Industries Se), Facility Agreement (James Hardie Industries N.V.), Hardie James Industries Nv

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Drawing down. The Borrower Borrowers need not use the Facility. However, if the a Borrower wants to use the Facility, it may do so by one or more drawdowns.

Appears in 2 contracts

Samples: Facility Agreement (Hardie James Industries Nv), Facility Agreement (Hardie James Industries Nv)

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Drawing down. The Borrower Borrower[s] need not use the Facility. However, if the a Borrower wants to use the Facility, it may do so by one or more drawdowns.

Appears in 1 contract

Samples: Facility Agreement (James Hardie Industries Se)

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