Common use of Utilisation Request Clause in Contracts

Utilisation Request. The Borrower may utilise the Facility by delivery to the Lender of a duly completed Utilisation Request not later two (2) Business Days prior to the proposed Utilisation Date and Lender shall make the Loan available in immediately available funds by close of business (New York City time) on the Utilisation Date.

Appears in 16 contracts

Sources: Short Term Credit Facility Agreement, Credit Facility Agreement (Shell Midstream Partners, L.P.), Working Capital Facility Agreement

Utilisation Request. The Borrower may utilise the Facility by delivery to the Lender of a duly completed Utilisation Request not later than two (2) Business Days prior to the proposed Utilisation Date and Lender shall make the Loan available in immediately available funds by close of business (New York City time) on the Utilisation Date.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Shell Midstream Partners, L.P.)