Utilisations Sample Clauses
Utilisations. The Borrower may utilise a Facility in accordance with this Agreement and the Facility Agreement under which the Utilisation is to be made. [Each Facility shall be utilised simultaneously and in amounts pro rata to the total Commitments under all Facilities.]/[A Facility may be utilised without utilising the other Facilities pro rata to the total Commitments under all Facilities.] Each Utilisation Request is irrevocable and shall not be given unless it complies with this Agreement, the relevant Facility Agreement and satisfies the following additional requirements: it has been signed by a duly authorised representative of the Borrower; in the case of the initial Utilisation under a Facility, all conditions precedent set out in Clause 3.1 (Initial conditions precedent) and Clause 3.2 (Further conditions precedent) have been satisfied or waived as at the date of such Utilisation Request; in the case of all other Utilisations under a Facility, all conditions precedent set out in Clause 3.2 (Further conditions precedent) have been satisfied or waived as at the date of such Utilisation Request; only one Loan may be requested in each Utilisation Request; only one Utilisation Request may be delivered under each Facility in any calendar month[, except that the Borrower may deliver Utilisation Requests pursuant to Clause 3.4 ([Equity true-up) in the same month]; the aggregate amount of the requested Loans under the Facility must be a minimum of [•] and in integral multiples of [•], or, if less, the aggregate of the Available Commitments under that Facility; the requested Utilisation Date is a Business Day falling within the Availability Period for the relevant Facility and is no earlier than [•]94 Business Days after the date of the Utilisation Request; and it sets out details of each Utilisation requested under each other Facility and the aggregate amount of all Utilisations requested under the Facilities, and such details demonstrate compliance with paragraph (b) above. [Equity true-up95 On the Financial Completion Date, if the Available Facility under a Facility exceeds the remaining unpaid Project Costs (such amount, the "Excess Amount") [(as certified by the Technical Adviser)], the Borrower may [request a Utilisation of that Facility up to an amount not exceeding the Excess Amount and] apply the proceeds of such Utilisation to make a Restricted Payment to any [Sponsor][Shareholder]. A Restricted Payment may only be made under paragraph (a) above to the extent...
Utilisations. On the date of each Utilisation, a Deemed Advance shall be deemed to have been made to the Borrower under the Coal Facility or the Capex Facility, as the case may be (with a first Interest Period ending on the next succeeding date for the payment of interest in relation to a Coal Advance or a Capex Advance, as the case may be) and the Available Commitments under the Coal Facility or the Capex Facility, as the case may be, shall automatically be reduced accordingly.
Utilisations. The proceeds received by Plateau, Holdco and the Pelawan SPV pursuant to any advance by the Lender under the Standby Facility or the OCSF Facility or the subscription by the Lender of the RPM Preference Shares, shall be utilised in accordance with the terms of and for the purpose set out in the relevant Finance Document and on the terms and conditions set out in this Agreement.
Utilisations. The Borrower shall repay the full amount of each Tranche 1 Advance made to it on the last day of the Interest Period relating to that Advance.
Utilisations. Clause 5 (Utilisation - Loans) does not apply to Utilisations by way of Bank Guarantees.
Utilisations. 4.1 Tranche A, Tranche B and Tranche C Subject to the terms and conditions of this Agreement, Utilisations may be made, at the option of the Borrower, under any of the Tranche A Facility, the Tranche B Facility or the Tranche C Facility.
4.2 Maximum Tranche A Outstandings No Tranche A Utilisation shall be made if, on the date of such Utilisation, the aggregate Swedish Kronor Amount of the Tranche A Outstandings would exceed SEK200,000,000.
4.3 Maximum Tranche B Outstandings No Tranche B Advance shall be made if, on the date of such Advance, the aggregate Swedish Kronor Amount of the Tranche B Outstandings would exceed SEK600,000,000 (or such lesser amount as is then available for drawing under the Tranche B Facility in accordance with clause 7.3).
4.4 Maximum Tranche C Outstandings No Tranche C Advance shall be made if, on the date of such Advance, the aggregate Swedish Kronor Amount of the Tranche C Outstandings would exceed SEK900,000,000 (or such lesser amount as is then available for drawing under the Tranche C Facility in accordance with clause 7.5).
Utilisations