AVAILABILITY OF DRAWING. The Trustee may make a Drawing on any Monthly Distribution Date during the Availability Period provided that: (a) (RECEIPT OF DRAWDOWN NOTICE): the Liquidity Facility Provider has received, not later than 11.00 am on the Business Day which is not less than 2 Business Days before the proposed Drawdown Date (or such later time as the Liquidity Facility Provider may agree), a duly completed Drawdown Notice; and (b) (CONDITIONS PRECEDENT): the requirements of clause 3 have been satisfied or waived in writing by the Liquidity Facility Provider before the Drawdown Notice is given.
Appears in 4 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
AVAILABILITY OF DRAWING. The Trustee may make a Drawing on any Monthly Distribution Date during the Availability Period provided that:
(a) (RECEIPT OF DRAWDOWN NOTICEReceipt of Drawdown Notice): the Liquidity Facility Provider has received, not later than 11.00 am on the Business Day which is not less than 2 Business Days before the proposed Drawdown Date (or such later time as the Liquidity Facility Provider may agree), a duly completed Drawdown Notice; and
(b) (CONDITIONS PRECEDENTConditions precedent): the requirements of clause 3 have been satisfied or waived in writing by the Liquidity Facility Provider before the Drawdown Notice is given.
Appears in 4 contracts
Samples: Liquidity Facility Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
AVAILABILITY OF DRAWING. The Trustee may make a Drawing on any Monthly Distribution Date during the Availability Period provided that:
(a) (RECEIPT OF DRAWDOWN NOTICE): the Liquidity Facility Provider has received, not later than 11.00 am on the Business Day which is not less than 2 Business Days before the proposed Drawdown Date (or such later time as the Liquidity Facility Provider may agree), a duly completed Drawdown Notice; and
(b) (CONDITIONS PRECEDENT): the requirements of clause 3 have been satisfied or waived in writing by the Liquidity Facility Provider before the Drawdown Notice is given.
Appears in 2 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
