Procedures for Use Which Clause Samples
Procedures for Use Which. Apply to All Drawdowns Provided that funds are being made available thereunder, each Drawdown shall be made on the terms set out in subsections (a) through (f) below:
(a) No later than 2:00 p.m. (Paris time) on the second Business Day before the date of the Drawdown concerned, the Borrower shall send the Agent a Drawdown Notice in the form of the specimen appearing in Schedule 2, which shall specify the amount of the Drawdown computed in accordance with the provisions of Article 2.2.1 (if it is the first Drawdown) or 2.
