Common use of Completion of a Utilisation Request for Loans Clause in Contracts

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.

Appears in 6 contracts

Samples: Revolving Facility Agreement (Nord Anglia Education, Inc.), Amendment and Restatement Agreement (Nord Anglia Education, Inc.), Senior Revolving Facility Agreement (Nord Anglia Education, Inc.)

AutoNDA by SimpleDocs

Completion of a Utilisation Request for Loans. (a) 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) the proposed Utilisation Date is a Business Day within the Availability Period; (iib) the currency and amount of the Utilisation Loan comply with Clause 5.3 (Currency and amountCurrency); and (iiic) the proposed Interest Period complies with Clause 13 11 (Interest Periods). (b) 5.2.2 Only one Utilisation Loan may be requested in each Utilisation Request.

Appears in 4 contracts

Samples: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

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 PeriodPeriod applicable to that Facility; (iiiii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 14 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 3 contracts

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co), Revolving Facility Agreement (South Texas Supply Company, Inc.), Revolving Facility Agreement (South Texas Supply Company, Inc.)

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 relevant Borrower; (ii) the proposed Utilisation Date is a Business Day within the Availability Period; (iiiii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 12 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 2 contracts

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co), Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co)

Completion of a Utilisation Request for Loans. (a) Each The Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) it identifies the Facility to be utilised; (b) the proposed Utilisation Closing Date is a Business Day within the Availability Period;; and (iic) the currency and amount of the Utilisation Loan 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.

Appears in 2 contracts

Samples: Permanent Facility Agreement (Groupe Eurotunnel SA), Permanent Facility Agreement (Groupe Eurotunnel SA)

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) it identifies the Borrower of the proposed Loan; (iii) the currency and amount of the Utilisation Loan comply with Clause clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 clause 12 (Interest Periods). (b) Only one Utilisation Loan may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Enstar Group LTD)

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 6.3 (Currency and amountAmount); and (iii) the proposed Interest Period complies with Clause 13 12 (Interest PeriodsInterest). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Subordinated Loan Agreement (Alvotech)

Completion of a Utilisation Request for Loans. (a) 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) the proposed Utilisation Date is a Business Day within the Availability Period; (iib) it identifies the Borrower of the proposed Loan; (c) the currency and amount of the Utilisation Loan comply with Clause 5.3 (Currency and amount); and (iiid) the proposed Interest Period complies with Clause 13 11 (Interest Periods). (b) 5.2.2 Only one Utilisation Loan may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Enstar Group LTD)

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; (iiiii) the currency and amount of the Utilisation Loan comply with Clause 5.3 (Currency and amountAmount); and; (iiiiv) the proposed Interest Period complies with Clause 13 11 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Amc Entertainment Holdings, Inc.)

Completion of a Utilisation Request for Loans. (a) 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:unless:- (ia) the proposed Utilisation Date is a Business Day within the Availability Period; (iib) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiic) the proposed Interest Period complies with Clause 13 12 (Interest Periods). (b) 5.2.2 Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Revolving Facility Agreement (Penske Automotive Group, Inc.)

Completion of a Utilisation Request for Loans. (a) Each The Utilisation Request for a the Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) the proposed Utilisation Date is a Business Day within the Availability Period; (iib) the currency and amount of the Utilisation comply Loan complies with Clause 5.3 (Currency and amount); and (iiic) the proposed Interest Period complies with Clause 13 11 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

AutoNDA by SimpleDocs

Completion of a Utilisation Request for Loans. (a) 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless:unless:- (ia) the proposed Utilisation Date is a Business Day within the Availability PeriodPeriod applicable to the Facility; (iib) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiic) the proposed Interest Period complies with Clause 13 (Interest Periods). (b) Only one Utilisation may 5.2.2 Each Utilisations must be requested in each a separate Utilisation Request.

Appears in 1 contract

Samples: Multicurrency Facility Agreement (Gulfmark Offshore Inc)

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 specifies that it is for a Loan; (ii) the proposed Utilisation Date is a Business Day within the Availability Period; (iiiii) the currency and amount of the Utilisation Loan comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 12 (Interest Periods). (b) Only one Utilisation Loan may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Multicurrency Revolving Credit and Guarantee Facility Agreement (Subsea 7 S.A.)

Completion of a Utilisation Request for Loans. (a) Each The Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) the proposed Utilisation Date is a Business Day within the Availability Period;; and (iib) 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.

Appears in 1 contract

Samples: Senior Term Loan Facilities Agreement (Anooraq Resources Corp)

Completion of a Utilisation Request for Loans. (a) 5.2.1 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 PeriodPeriod applicable to that Facility; (iiiii) the currency and amount of the Utilisation Loan comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.5.2.2 [Intentionally left blank]

Appears in 1 contract

Samples: Amendment and Restatement Deed

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 PeriodPeriod applicable to that Facility; (ii) it identifies the Facility to be utilised; (iii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed first Interest Period complies with Clause 13 11 (Interest Periods). (b) Only one Utilisation Loan may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Facility Agreement

Completion of a Utilisation Request for Loans. (a) 5.2.1 Each Utilisation Request for a Loan is irrevocable and will not be regarded as having been duly completed unless: (ia) the proposed Utilisation Date is a Business Day within the Availability PeriodPeriod applicable to the Facility; (iib) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiic) the proposed Interest Period complies with Clause 13 15 (Interest Periods). (b) 5.2.2 Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

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 PeriodPeriod applicable to that Facility; (iiiii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and (iiiiv) the proposed Interest Period complies with Clause 13 12 (Interest Periods). (b) Only one Utilisation may be requested in each Utilisation Request.

Appears in 1 contract

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!