Common use of Drawing Notice Clause in Contracts

Drawing Notice. (i) Each Drawing shall be made on three Business Days’ prior written notice specified in relation to Bankers’ Acceptances, given not later than 11:00 a.m. (Eastern time), by McKesson Canada to the Canadian Administrative Agent. Each such notice of a Drawing (a “Drawing Notice”) shall be given in substantially the form of Exhibit E annexed hereto or by telephone confirmed promptly in writing, containing the same information as would be contained in a Drawing Notice, and shall specify therein (A) the Drawing Date; (B) the aggregate Face Amount of Drafts to be accepted; and (C) the maturity date for such Drafts. The Canadian Administrative Agent shall give each Canadian Lender prompt notice of such Drawing Notice and of such Canadian Lender’s ratable portion of Drafts to be accepted under the Drawing.

Appears in 3 contracts

Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)

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Drawing Notice. (i) Each Drawing shall be made on three Business Days’ prior written notice specified in relation to Bankers’ Acceptances, given not later than 11:00 a.m. (Eastern time), by McKesson Canada to the Canadian Administrative Agent. Each such notice of a Drawing (a “Drawing Notice”) shall be given in substantially the form of Exhibit E F annexed hereto or by telephone confirmed promptly in writing, containing the same information as would be contained in a Drawing Notice, and shall specify therein (A) the Drawing Date; (B) the aggregate Face Amount of Drafts to be accepted; and (C) the maturity date for such Drafts. The Canadian Administrative Agent shall give each Canadian Lender prompt notice of such Drawing Notice and of such Canadian Lender’s ratable portion of Drafts to be accepted under the Drawing.

Appears in 2 contracts

Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)

Drawing Notice. (i1) Each Drawing shall be made on three two Business Days' prior written notice specified in relation to Bankers' Acceptances, given not later than 11:00 a.m. (Eastern Toronto time), by McKesson Canada the Company and Medis to the Canadian Administrative Agent. Each such notice of a Drawing (a "Drawing Notice") shall be given in substantially the form of Exhibit E G annexed hereto or by telephone confirmed promptly in writing, containing the same information as would be contained in a Drawing Notice, and shall specify therein (Ai) the Drawing Date; (Bii) the aggregate Face Amount of Drafts to be accepted; and (Ciii) the maturity date for such Drafts. The Canadian Administrative Agent shall give each Facility A Canadian Lender Bank prompt notice of such Drawing Notice and of such Facility A Canadian Lender’s Bank's ratable portion of Drafts to be accepted under the Drawing.

Appears in 1 contract

Samples: Credit Agreement (McKesson Hboc Inc)

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Drawing Notice. (i) Each Drawing shall be made on three Business Days' prior written notice specified in relation to Bankers' Acceptances, given not later than 11:00 a.m. (Eastern Toronto time), by McKesson Canada to the Canadian Administrative Agent. Each such notice of a Drawing (a "Drawing Notice") shall be given in substantially the form of Exhibit E F annexed hereto or by telephone confirmed promptly in writing, containing the same information as would be contained in a Drawing Notice, and shall specify therein (A) the Drawing Date; (B) the aggregate Face Amount of Drafts to be accepted; and (C) the maturity date for such Drafts. The Canadian Administrative Agent shall give each Canadian Lender prompt notice of such Drawing Notice and of such Canadian Lender’s 's ratable portion of Drafts to be accepted under the Drawing.

Appears in 1 contract

Samples: Credit Agreement (McKesson Corp)

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