Completion of a Utilisation Request for Bank Guarantees. 6.3.1 Each Utilisation Request for a Bank Guarantee is irrevocable and will not be regarded as having been duly completed unless:
(a) it specifies that it is for a Bank Guarantee;
(b) the proposed Utilisation Date is a Business Day within the Availability Period applicable to the Revolving Facility;
(c) the currency and amount of the Bank Guarantee comply with clause 6.4 (Currency and amount);
(d) the Expiry Date of the Bank Guarantee falls on or before the Termination Date;
(e) the delivery instructions for the Bank Guarantee are specified; and
(f) the identity of the beneficiary and purpose of the Bank Guarantee have been approved by the Agent and the Issuing Bank.
6.3.2 Multiple Utilisations may be requested in a Utilisation Request where the proposed Utilisation Date is the Closing Date. Only one Utilisation may be requested in each subsequent Utilisation Request.
Completion of a Utilisation Request for Bank Guarantees. Each Utilisation Request for a Bank Guarantee is irrevocable and will not be regarded as having been duly completed unless:
(a) it specifies that it is for a Bank Guarantee;
(b) the proposed Utilisation Date is a Business Day within the Availability Period applicable to the Revolving Facility;
(c) the currency and amount of the Bank Guarantee comply with Clause 6.4 (Currency and amount);
(d) the form of Bank Guarantee is attached;
(e) the Expiry Date of the Bank Guarantee falls on or before the Termination Date in relation to the Revolving Facility;
(f) the Term of the Bank Guarantee is 12 months or less;
(g) the delivery instructions for the Bank Guarantee are specified; and
(h) in the case of a Utilisation Request for the renewal of a Bank Guarantee the terms shall be the same as those of the relevant Bank Guarantee immediately prior to its renewal except that:
(i) paragraph (d) above shall not apply;
(ii) its amount may be less than the amount of the Bank Guarantee immediately prior to its renewal; and
(iii) its Term shall start on the date which was the Expiry Date of the Bank Guarantee immediately prior to its renewal and shall end on the proposed Expiry Date specified in the renewal Utilisation Request (which for the avoidance of doubt, shall be no longer than 12 months after the date of the relevant renewal Utilisation Request).
Completion of a Utilisation Request for Bank Guarantees. Each Utilisation Request for a Bank Guarantee is irrevocable and will not be regarded as having been duly completed unless:
(a) it specifies that it is for a Bank Guarantee;
(b) the proposed Utilisation Date is a Business Day within the Availability Period applicable to Facility C;
(c) the currency and amount of the Bank Guarantee comply with Clause 6.5 (Currency and amount);
(d) the form of Bank Guarantee is attached;
(e) the Expiry Date of the Bank Guarantee falls on or before the date falling eight years and six Months after the date of the Development Agreement;
(f) the delivery instructions for the Bank Guarantee are specified; and
(g) the identity of the beneficiary of the Bank Guarantee is the Lessor.
Completion of a Utilisation Request for Bank Guarantees. Each Utilisation Request for a Bank Guarantee is irrevocable and will not be regarded as having been duly completed unless:
(a) it specifies that it is for a Bank Guarantee;
(b) the proposed Utilisation Date is a Business Day within the Guarantee Availability Period;
(c) the currency and amount of the Bank Guarantee comply with Clause 7.4 (Currency and amount);
(d) the form of the Bank Guarantee is attached which must be acceptable to the Guarantee Facility Lender;
(e) the Expiry Date of the Bank Guarantee falls on or before the Business Day falling 12 calendar months after the Conversion Triggering Date;
(f) the delivery instructions for the Bank Guarantee are specified; and
(g) the beneficiary of the Bank Guarantee is approved by the Guarantee Facility Lender.
