Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(i) the proposed Utilisation Date is a Business Day within the Availability Period;
(ii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(iii) the proposed Interest Period complies with Clause 13 (Interest Periods).
(b) Only one Utilisation may be requested in each Utilisation Request.
Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan under Facility A or Facility B is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Facility to be utilised;
(ii) it identifies the relevant Borrower in respect of whom the Utilisation request is being made;
(iii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that Facility;
(iv) the currency and amount of the Utilisation comply with clause 5.4 (Currency and amount); and
(v) the proposed Interest Period complies with clause 12 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Completion of a Utilisation Request for Loans. Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan shall be irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Facility to be utilised;
(ii) it identifies the relevant Borrower;
(iii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that Facility;
(iv) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(v) the proposed Interest Period complies with Clause 11 (Interest Periods).
(b) Multiple Utilisations may be requested in a Utilisation Request.
Completion of a Utilisation Request for Loans. Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(a) it identifies the purpose for which the Facility is to be utilised;
(b) the proposed Loans are allocated pro rata between Tranche A and Tranche B (provided that this restriction shall cease to apply when there are no further Available Commitments under one Tranche, to the extent that Available Commitments remain under the other Tranche);
(c) the proposed Utilisation Date is a Business Day within the Availability Period;
(d) the amount of the Utilisation complies with Clause 5.3 (Currency and amount); and
(e) the Supplier or the Borrower, as the case may be, attaches to the Utilisation Request all relevant documents required to be provided as per the form for that Utilisation Request, each in form and substance satisfactory to the COFACE Agent; and
(f) the Utilisation Request is executed by a person duly authorised to do so on behalf of the Borrower.
Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Borrower of the Loan;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period;
(iii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(iv) the proposed Interest Period complies with Clause 15 (Interest Periods).
(b) 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 Loans. (a) Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that Facility;
(iii) the currency and amount of the Loan comply with Clause 5.3 (Currency and amount); and
(iv) the proposed Interest Period complies with Clause 11 (Interest Periods).
(b) Two Loans (one Loan under each Facility) may be requested in a Utilisation Request where the proposed Utilisation Date is the Closing Date.
(c) If a Utilisation Request is delivered by PDF, the original must be delivered to the Agent promptly thereafter.
Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Borrower and the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that Facility;
(iii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount);
(iv) the proposed Interest Period complies with Clause 14 (Interest Periods); and
(v) it specifies the account and bank to which the proceeds of Utilisation are to be credited.
(b) Multiple Utilisations (in the form of one Facility A Loan and one Facility B Loan) may be requested in a Utilisation Request where the proposed Loans are being requested for the purposes set out in paragraph (a) of Clause 3.1 (Purpose). Only one Utilisation may be requested in each subsequent Utilisation Request but more than one Utilisation Request may be delivered on the same day.
Completion of a Utilisation Request for Loans. (a) Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Borrower;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period;
(iii) the currency and amount of the Loan comply with Clause 5.3 (Currency and Amount); and
(iv) the proposed Interest Period complies with Clause 11 (Interest Periods).
(b) Multiple Loans may be requested in the first Utilisation Request. Only one Loan may be requested in each subsequent Utilisation Request.
Completion of a Utilisation Request for Loans. 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:
(A) it specifies that it is for a Loan;
(B) the proposed Utilisation Date is a Business Day within the Availability Period;
(C) the currency and amount of the Loan comply with Clause 5.3 (Currency and amount);
(D) the proposed Interest Period complies with Clause 11 (Interest Periods); and
(E) it has been duly signed by an authorised signatory of the Borrower.
