Notification of Drawdown Requests Sample Clauses

Notification of Drawdown Requests. The Agent shall promptly (and in any event by the Specified Time) notify each Bank of the proposed details of, and the amount of that Bank’s share of, each Advance.
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Notification of Drawdown Requests. The Agent shall promptly (and in any event by 5 p.m. on the fourth Business Day before the proposed date of each Advance) notify each Lending Bank of the proposed date of, and the amount of that Lending Bank's share of, each Advance.
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Notification of Drawdown Requests. The Agent shall promptly notify each Revolving Credit Facility Bank of the details of, and the amount of that Bank's share of, each Advance.
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Notification of Drawdown Requests. The Agent shall promptly (and in any event by 5 p.m. on the third Business Day before the proposed date of the Advance) notify each Bank of the proposed details of, and the amount of that Bank's share of, each Advance.
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Related to Notification of Drawdown Requests

  • 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.

  • Completion of a Utilisation Request (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless: (i) the proposed Utilisation Date is a Business Day within the Availability Period; (ii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iii) the proposed Interest Period complies with Clause 10 (Interest Periods). (b) Only one Loan may be requested in each Utilisation Request.

  • Suspension of drawdown If the Agent’s notice under Clause 6.5 is served before the Loan is made: (a) in a case falling within Clauses 6.5(a) or 6.5(b), the Lenders’ obligations to make the Loan; (b) in a case falling within Clause 6.5(c), the Affected Lender’s obligation to participate in the Loan; shall be suspended while the circumstances referred to in the Agent’s notice continue.

  • Drawdown Notice At any time during the Commitment Period, the Company may request the Investor to purchase shares of Common Stock by delivering a Drawdown Notice to the Investor, subject to the conditions set forth in Section 7.2; provided, however, the amount for each Advance as designated by the Company in the applicable Drawdown Notice shall not be more than the Maximum Advance Amount and the aggregate amount of the Advances pursuant to this Agreement shall not exceed the Commitment Amount. The Company acknowledges that the Investor may sell shares of the Company’s Common Stock corresponding with a particular Drawdown Notice after the Drawdown Notice is received by the Investor. There shall be a minimum of five (5) Trading Days between each Drawdown Notice Date.

  • Loan Request See Section 2.6.