Completion of Drawdown Request. The Drawdown Request is irrevocable and will not be regarded as having been duly completed unless (i) the proposed Drawdown Date is a Business Day within the Availability Period; and (ii) the currency and amount of the Drawdown comply to Clause 5.3 (Currency and amount).

Completion of Drawdown Request. 38 6.3 Amount of each Bank's participation in an Advance..................... 39 6.4 Delivery of a Standby L/C Request..................................... 39 6.5 Completion of Standby L/C Request..................................... 40 6.6 Issuing of Standby L/Cs............................................... 41 6.7 Facility Agent's Authority............................................ 41 6.8 Copy of Standby L/C................................................... 41 6.9

Completion of Drawdown Request. Each Drawdown Request delivered to the Facility Agent pursuant to Clause 6.1 shall be irrevocable and shall not be considered to have been duly completed unless it specifies: (a) the proposed Drawdown Date, which shall be a Business Day occurring during the Availability Period; (b) the identity of the Borrower; (c) the Requested Amount of the proposed Advance which shall be a Deutschmark Amount which is less than or equal to the Adjusted Available Amount for such Utilisation and which, if less than the Adjusted Available Amount for such Utilisation is a minimum amount of DM5,000,000 and an integral multiple of DM1,000,000 and, in the case of the Company, shall be an amount which when aggregated with all its other outstandings hereunder including, for the avoidance of doubt, any contingent obligation the Company may have in respect of any outstanding Standby L/C (other than in its capacity as a Guarantor)) will not exceed the Deutschmark Equivalent of $7,500,000 taking into account the Deutschmark Amount of any Advances scheduled to be made, repaid or prepaid and any Standby L/Cs scheduled to be issued or to expire by assuming that the same occurs when due.; (d) the currency of the Advance (being Deutschmarks or an Optional Currency); (e) the Term of the Advance being requested, which shall be a period of one, two or three months (or such other duration as the Banks may have previously agreed in writing for such Advances) which will begin on the proposed Drawdown Date and end on a Business day which is or precedes the Final Repayment Date save in respect of any Advance made between the date of this Agreement and the date falling three months thereafter, each of which shall be of such duration as the Facility Agent shall determine (acting reasonably) having regard to the syndication process (provided that each such Term shall be at least seven days and not exceed one month); and (f) the account to which the proceeds of the proposed Utilisation are to be paid (which, in the case of each of the Advances that are drawndown on the date of Closing, shall be a Blocked Account).

Completion of Drawdown Request for Dollar Swing-Line Advances Each Drawdown Request in respect of Dollar Swing-Line Advances delivered to the Dollar Swing-Line Agent pursuant to clause 6.1 (Delivery of Drawdown Request) shall be irrevocable and shall not be considered to have been duly completed unless it specifies: 6.3.1 the proposed Drawdown Date for the making of the Dollar Swing-Line Advances requested which shall be a Business Day occurring during the Availability Period; 6.3.2 the Requested Amount, which shall be: 6.3.2.1 a minimum amount of $5,000,000, an integral multiple of $1,000,000 and less than the lower of the Available Dollar Swing-Line Facility and the aggregate of the Available Revolving Commitments of those Revolving Banks that are also Dollar Swing-Line Banks; or 6.3.2.2 an amount equal to the lower of the Available Dollar Swing-Line Facility and the aggregate of the Available Revolving Commitments of those Revolving Banks that are also Dollar Swing-Line Banks; 6.3.3 the Term of the Dollar Swing-Line Advances being requested which shall not exceed seven days, and shall end on a Business Day which is or precedes the Final Repayment Date; -------------------------------------------------------------------------------- 30 6.3.4 the account to which the proceeds of the proposed Utilisation are to be paid.

Completion of Drawdown Request. Amount of each Bank's participation in an Advance..

Related to Completion of Drawdown Request

Completion of a Utilisation Request (a) Each Utilisation Request 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 9 (Interest Periods). (b) Only one Loan may be requested in each Utilisation Request.
Delivery of a Utilisation Request The Borrower may utilise the Facility by delivery to the Agent of a duly completed Utilisation Request not later than the Specified Time.
Drawdown Subject to the terms and conditions of this Agreement, each Advance shall be made to the Borrowers following receipt by the Agent from the Borrowers of a Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period for such Advance, on which the Borrowers propose such Advance is made. A Drawdown Notice shall be effective on actual receipt by the Agent and, once given, shall, subject as provided in clause 3.6.1, be irrevocable.
Drawdown Notice At any time during the Commitment Period, the Company may request the Investor to purchase shares of Common Stock by delivering a Drawdown Notice to the Investor, subject to the conditions set forth in Section 7.2; provided, however, the amount for each Advance as designated by the Company in the applicable Drawdown Notice shall not be more than the Maximum Advance Amount and the aggregate amount of the Advances pursuant to this Agreement shall not exceed the Commitment Amount. The Company acknowledges that the Investor may sell shares of the Company’s Common Stock corresponding with a particular Drawdown Notice after the Drawdown Notice is received by the Investor. There shall be a minimum of five (5) Trading Days between each Drawdown Notice Date.
Suspension of drawdown If the Agent’s notice under Clause 5.8 is served before an Advance is made: (a) in a case falling within Clauses 5.7(a) or 5.7(b), the Lenders’ obligations to make the Advance; and (b) in a case falling within Clause 5.7(c), the Affected Lender’s obligation to participate in the Advance, shall be suspended while the circumstances referred to in the Agent’s notice continue.
Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.
Loan Request See Section 2.6.
Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.
Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make the initial extensions of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 to this Agreement (the making of such initial extensions of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).
Conditions Precedent to Each Borrowing The obligation of each Bank to make an Advance on the occasion of each Borrowing to any Borrower (including the initial Borrowing) shall be subject to the further conditions precedent that on the date of such Borrowing: (a) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing and the acceptance by a Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by such Borrower that on the date of such Borrowing such statements are true): (i) The representations and warranties contained in Section 4.01 (excluding those contained in the second sentence of subsection (e) and in subsection (f) thereof), and if such Borrowing is by CFSC, CIF or CFKK, Section 4.02, are correct on and as of the date of such Borrowing, before and after giving effect to such Borrowing and to the application of the proceeds therefrom, as though made on and as of such date, and (ii) No event has occurred and is continuing, or would result from such Borrowing or from the application of the proceeds therefrom, which constitutes an Event of Default with respect to any Borrower; and (b) the Agent shall have received such other approvals, opinions or documents as any Bank through the Agent may reasonably request.

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