Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless: (i) it identifies the Tranche 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); and (iv) the proposed Interest Period complies with Clause 9 (Interest Periods). (b) Only one Loan may be requested in each Utilisation Request.
Appears in 2 contracts
Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(ia) it identifies the Tranche and the Facility which Txxxxxx is proposed to be utiliseddrawn;
(iib) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(iiic) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount);
(d) all applicable deductible items have been completed; and
(ive) the proposed Interest Period complies with Clause 9 (Interest Periods).
(b) . Only one Loan Tranche may be requested in each Utilisation Request.
Appears in 2 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and
(iv) it specifies the proposed Interest Period complies with Clause 9 (Interest Periods)account and bank to which the proceeds of the Utilisation are to be credited.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 2 contracts
Samples: Facility Agreement (MTS Inc), Facility Agreement (MTS Inc)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(iiiii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and;
(iviii) the proposed Interest Period complies with Clause 9 (Interest Periods); and
(iv) it specifies the account to which the proceeds of the Utilisation are to be credited.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 2 contracts
Samples: Facility Agreement (Nordic Telephone CO ApS), Facility Agreement (Nordic Telephone CO ApS)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and
(iv) the proposed Interest Period complies with Clause 9 13 (Interest Periods).
(b) Only one Loan Utilisation may be requested in each Utilisation Request.
Appears in 1 contract
Samples: £200,000,000 Multi Currency Term, Revolving Credit Facilities Agreement (Iron Mountain Inc)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(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 9 (Interest Periods); and
(v) it identifies the Origination Agreement in respect of which the Utilisation is to be made.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Facilities Agreement (Exide Corp)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and proposed Utilisation Date shall be the Facility to be utilisedAvailability Date;
(ii) the proposed currency of the Utilisation Date is a Business Day within the Availability Period applicable to that Facility;Base Currency; and
(iii) the currency and amount of the Utilisation comply with Clause 5.3 5.2 (Currency and amountUtilisation); and
(iv) the proposed Interest Period complies with Clause 9 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Facility Agreement (TriLinc Global Impact Fund LLC)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and
(iv) the proposed Interest Period complies with Clause 9 11 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Facilities Agreement (Octel Corp)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and
(iv) the proposed Interest Period complies with Clause 9 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Such Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and Borrower of the Facility to be utilisedLoan;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(iii) it identifies the currency of the Utilisation, and the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(iv) the proposed Interest Period complies with Clause 9 17 (Interest Periods).
(b) Only one Loan Utilisation may be requested in each Utilisation Requestby the Borrower.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and
(iv) the proposed Interest Period complies with Clause 9 12 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility and, if applicable, Tranche, to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the relevant Availability Period applicable to that FacilityPeriod;
(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 9 11 (Interest Periods).
(b) Only one Loan Advance may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityFacility or, if applicable, to the Additional Commitments;
(iii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(iv) it specifies the proposed Interest Period complies with Clause 9 (Interest Periods)account and bank to which the proceeds of the Utilisation are to be credited.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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 2.1 (The Facilities) and 5.3 (Currency and amount); and
(iv) the proposed Interest Period complies with Clause 9 10 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each The Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies specifies whether the Tranche and the Facility to be utilisedUtilisation is by way of Loan or Offer Guarantee;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(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 9 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Single Currency Term Facility Agreement (General Geophysics Co)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility to be utilisedspecifies whether (or not, as applicable) it is for an Acquisition Utilisation;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(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 9 10 (Interest Periods).
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Samples: Credit Facility Agreement (Sap Ag)
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable irrevocable, and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and 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 FacilityPeriod;
(iiiiv) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(ivv) the proposed Interest Period complies with Clause 9 11 (Interest Periods).
(b) Only one (1) Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche 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); and;
(iv) the proposed Interest Period complies with Clause 9 10 (Interest Periods); and
(v) it specifies the account and bank to which the proceeds of the Utilisation are to be credited.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract
Completion of a Utilisation Request. (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:
(i) it identifies the Tranche and the Facility to be utilised;
(ii) the proposed Utilisation Date is a Business Day within the Availability Period applicable to that FacilityPeriod;
(iiiii) the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and;
(iviii) the proposed Interest Period complies with Clause 9 10 (Interest Periods); and
(iv) it specifies the account and bank to which the proceeds of the Utilisation are to be credited.
(b) Only one Loan may be requested in each Utilisation Request.
Appears in 1 contract