Form of Utilisation Request Sample Clauses

Form of Utilisation Request. The Borrower can only submit the utilisation request after the Lender has confirmed in writing to the Borrower that all conditions precedent have been fulfilled to its satisfaction.
AutoNDA by SimpleDocs
Form of Utilisation Request. A Utilisation Request for a Revolving Facility Advance or a Term-out Advance will not be regarded as having been duly completed unless:
Form of Utilisation Request. From: Hong Kong Bao Xin Asset Management Limited (香港寶信資產管理有限公司) To: CCB International Securities Limited 建銀國際證券有限公司 Dated: Dear Sirs Hong Kong Bao Xin Asset Management Limited ( 香港寶信資產管理有限公司) - HK$620,000,000 Facility Agreement dated January 2019 (the "Facility Agreement") 1 We refer to the Facility Agreement. This is a Utilisation Request. Terms defined in the Facility Agreement have the same meaning in this Utilisation Request unless given a different meaning in this Utilisation Request.
Form of Utilisation Request. Loans To: Citibank Europe plc, UK Branch, as Agent From: [Insert name of the Borrower] Date: [•] Seadrill Limited – USD 440,000,000 Secured Credit Facility Agreement Dated 4 December 2012 and as amended on 30 April 2013, 16 May 2013, 18 October 2013, 18 September 2014, 16 October 2014, 18 June 2015, 28 April 2016 and 28 March 2017 and as amended and restated on [•] 2017 (the “Agreement”) We refer to Clause 5.1 (Delivery of a Utilisation Request) of the Agreement. Terms defined in the Agreement shall have the same meaning when used in this Utilisation Request.
Form of Utilisation Request. From: [Borrower/Obligors’ Agent] To: [•] as [Facility Agent/Dollar Swingline Agent/Euro Swingline Agent] Dated: Dear Sirs BHP Billiton Plc/BHP Billiton Limited — US$7,500,000,000 Multicurrency Term and Revolving Facilities and Subscription Agreement dated 18 August 2011 (the Agreement)
Form of Utilisation Request. A Utilisation Request in respect of the Bxxx Facility will not be regarded as being duly completed unless:

Related to Form of Utilisation Request

  • Completion of a Utilisation Request (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:

  • Delivery of a Utilisation Request The Borrower may utilise the Facility by delivery to the Agent of a duly completed Utilisation Request not later than the Specified Time.

  • Conditions of Utilisation 4.1 Initial conditions precedent

  • Notice of Borrowing The Borrower shall request a Revolving Loan borrowing by written notice (or telephonic notice promptly confirmed in writing) to the Agent not later than 11:00 A.M. (Charlotte, North Carolina time) on the Business Day prior to the date of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans. Each such request for borrowing shall be irrevocable and shall specify (A) that a Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed, and (D) whether the borrowing shall be comprised of Base Rate Loans, Eurodollar Loans or a combination thereof, and if Eurodollar Loans are requested, the Interest Period(s) therefor. If the Borrower shall fail to specify in any such Notice of Borrowing (I) an applicable Interest Period in the case of a Eurodollar Loan, then such notice shall be deemed to be a request for an Interest Period of one month, or (II) the type of Revolving Loan requested, then such notice shall be deemed to be a request for a Base Rate Loan hereunder. The Agent shall give notice to each affected Lender promptly upon receipt of each Notice of Borrowing pursuant to this Section 2.1(b)(i), the contents thereof and each such Lender's share of any borrowing to be made pursuant thereto.

  • Borrowing Notice The Borrower shall deliver to the Agent and the Swing Line Lender irrevocable notice (a "Swing Line Borrowing Notice") not later than noon (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000. The Swing Line Loans shall bear interest at the Floating Rate.

  • Utilisation The Loan shall be utilised in full on the Utilisation Date by payment from the Lender to an account nominated by the Borrower.

  • Loan Request See Section 2.6.

  • Conditions Precedent to Each Borrowing The obligation of each Lender to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing the following statements shall be true (and each of the giving of the applicable Borrowing Notice and the acceptance by the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by the Borrower that on the date of such Borrowing such statements are true):

  • Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.

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