Utilisation Request definition
Examples of Utilisation Request in a sentence
The Repeating Representations are deemed to be made by each Obligor by reference to the facts and circumstances then existing on the date of each Utilisation Request and the first day of each Interest Period.
A Borrower may not deliver a Utilisation Request under a Facility if as a result of the proposed Utilisation, more than one Loan would be outstanding under that Facility.
The Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 11:00 a.m. on the last day of the Availability Period.
That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the Advance in the case of a K-SURE Covered Tranche, to the account of the Builder which the Borrower specifies in the relevant Utilisation Request.