Common use of 02B Disbursement Offer Clause in Contracts

02B Disbursement Offer. Upon request by a Borrower, provided that no event mentioned in Article 1.06B has occurred and is continuing, the Bank shall send to that Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by a Borrower, of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the amount and currency of the Tranche; (b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, being: (A) a Fixed Rate Tranche; or (B) a Floating Rate Tranche all pursuant to the relevant provisions of Article 3.01A; (d) the interest payment periodicity for the Tranche, in accordance with the provisions of Article 3;

Appears in 2 contracts

Samples: Finance Contract, Finance Contract (Xylem Inc.)

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02B Disbursement Offer. Upon request by a the Borrower, provided that no event mentioned in Article 1.06B has occurred and is continuing, the Bank shall send to that the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by a Borrower, the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the currency, amount and currency CZK equivalent of the Tranche; (b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, being: (Ai) a Fixed Rate Tranche; or (Bii) a Floating Rate Tranche all Tranche, in each case, pursuant to the relevant provisions of Article 3.01A3.01; (d) the interest payment periodicity for the Tranche, in accordance with the provisions of Article 3;

Appears in 1 contract

Samples: Finance Contract

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02B Disbursement Offer. Upon request by a the Borrower, provided that no event mentioned in Article 1.06B has occurred and is continuing, the Bank shall send to that the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by a Borrower, the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the amount and currency of the Tranche; (b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, being: (A) a Fixed Rate Tranche; or (B) a Floating Rate Tranche all pursuant to the relevant provisions of Article 3.01A; (d) the interest payment periodicity for the Tranche, in accordance with the provisions of Article 3;

Appears in 1 contract

Samples: Research and Development Facility Agreement (Xylem Inc.)

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