Utilization Request definition

Utilization Request means a notice substantially in the form set out in Schedule 2 (Utilization Request).
Utilization Request as defined in Section 2.6(c).
Utilization Request means a utilization request substantially in the form set out in Exhibit C hereto.

Examples of Utilization Request in a sentence

  • The Lender shall notify the Borrower promptly upon receipt of such document proof and make available to the Borrower a Loan in accordance with such Utilization Request.

  • The Borrower may utilize the Facility by delivery to the Lender of a duly completed Utilization Request not later than 11:00 a.m., three (3) Business Days prior to the proposed Utilization Date (or such shorter time that the Lender may otherwise agree).

  • The proceeds of the Loans under the Facility will be disbursed by the Lender directly to the Borrower’s account specified in the relevant Utilization Request.

  • For the first Utilization of the Commitment, the Borrower may deliver the Utilization Request after (i) the Lender has received all of the documents or evidence listed in items 1, 3, 4, and 5, Schedule 1 (Conditions precedent) and (ii) the Borrower has received all of the documents or evidence listed in item 2, Schedule 1 (Conditions precedent).

  • For each subsequent Utilization after the Initial Utilization Date, the Borrower may deliver a Utilization Request after the Lender has received the document proof listed in items 1(c) and 5, Schedule 1 (Conditions precedent) for that Utilization.


More Definitions of Utilization Request

Utilization Request means “Ziehungsnotiz” (Utilization Request), as this term is defined in the Facility Agreement.
Utilization Request means a notice given to the Agent pursuant to Clause 6.1 substantially in the form set out in the Fourth Schedule.
Utilization Request means a notice substantially in the relevant form set out in Part A of Exhibit J (Requests and Notices).
Utilization Request means a notice substantially in the form set out in Schedule 4 (Utilization Request). Voting Stock of any person as of any date means the Equity Interests of such person that are at the time entitled to vote in the election of the board of directors or similar governing body of such person. War and Allied Risks means, without limitation, the risks covered by a standard form of policy being the Institute War and Strikes Clauses (Hull Time) (1/10/83) or (1/11/95), or equivalent conditions or mutual association rules, together with piracy, terrorism, barratry and other risks transferred from the marine risks coverage and together with war protection and indemnity risks excluded from the owner’s P&I club entry.
Utilization Request means the request for drawdown of the amounts to be used on the Revolving Credit Facility sent by the Beneficiary to the Bank in the wording referred to in Part 1 (Utilization Request) of Annex 2 (Utilization Request and Renewal Request).
Utilization Request means a notice substantially in the form set out in Part I of Schedule 3 (Form of Utilization Request and Supplier Certificate).
Utilization Request means in relation to any term loan Indebtedness under the Facility Agreement, a notice substantially in the form set out in Part I of Schedule 3 of the Facility Agreement or, in relation to a Bank Guarantee, a notice substantially in the form set out in Part II of Schedule 3 of the Facility Agreement.