Utilisation Notice definition

Utilisation Notice means a notice in the form set out in Schedule 1 Part A or Part B (as relevant) or in any other form which the Lender approves or reasonably requires.

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Utilisation Notice means a notice given under clause 4 in respect of an Advance.

Utilisation Notice means a notice in substantially the form of Schedule 4 (Utilisation Notice) specifying the terms on which an Advance will be made by the Lender to the Issuer;

Examples of Utilisation Notice in a sentence

The Agent shall not be obliged to accept any Transfer Certificate received by it under this Agreement on any day on or after the receipt by it of a Utilisation Notice and prior to the making of the relative Loan or issue of the relevant Letter of Credit or Guarantee.
Save as otherwise provided in this Agreement, the duration of each Interest Period relating to a LIBOR Revolving Loan shall be the period selected by the relevant Borrower in the Utilisation Notice relating to that LIBOR Revolving Loan.
The Agent shall, promptly after receipt by it of a Utilisation Notice, notify each Lender of the details of such notice and of the amount of that Lender's share of the Utilisation to be made available to the relevant Borrower.
Subject to the terms of this Agreement, if the Agent agrees with a Borrower (acting on the instructions of the Issuer), the Issuer shall, at that Borrower's request (contained in a Utilisation Notice) issue one or more documentary letters of credit (each a "LETTER OF CREDIT") or Guarantees (each a "GUARANTEE"), in each case denominated in sterling or any Foreign Currency as the Issuer may agree, for that Borrower's account.
Terms defined in the Loan Agreement have their defined meanings when used in this Utilisation Notice.

More Definitions of Utilisation Notice

Utilisation Notice means (a) in the case of a Utilisation by means of a RC Advance, a notice in the form or substantially in the form of part A of schedule 2, (b) in the case of a Utilisation by means of a Bank Guarantee, a notice in the form or substantially in the form of part B of schedule 2, and (c) in the case of a Utilisation by means of a WC Advance a notice in the form or substantially in the form of part C of schedule 2;

Utilisation Notice means a notice substantially in the form of Schedule 5 (Form of Utilisation Notice).

Utilisation Notice means a notice given under clause 4.1 in the form set out in Part A of Schedule 2.

Utilisation Notice means a request by the Lessee to pay either (i) the Lessor’s Share to the Lessee together with any Upfront Payment received from the Lessee for Equipment previously acquired directly by the Lessee from the Seller, setting forth the amount of any Deposit LC or Cash Deposit, if applicable, and the Acquisition Cost of such Equipment in accordance with this Master Agreement; or (ii) the Acquisition Cost to be paid to the Seller with the proceeds of the Upfront Payment and the Lessor’s Share.

Utilisation Notice means any notice given by the relevant Borrower pursuant to Clause 3.1 of the Facility Agreement (UTILISATION NOTICES) and substantially in the form of Schedule 3 to the Facility Agreement.

Utilisation Notice a notice of Utilisation substantially in the form set out in Schedule 4 (Form of Utilisation Notice); and VAT: value added tax or any similar tax substituted therefor.

Utilisation Notice means a notice in substantially the form of Schedule 4 (Utilisation Notice) specifying the terms on which each Advance will be made by the Expenses Loan Provider to Loan Note Issuer No.1; and