Common use of Completion of Drawdown Request Clause in Contracts

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).

Appears in 2 contracts

Samples: Facility Agreement (Sappi LTD), Facility Agreement (Sappi LTD)

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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 with Clause 5.3 (Currency and amount).

Appears in 1 contract

Samples: Facility Agreement (Sappi LTD)

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Completion of Drawdown Request. The A Drawdown Request is irrevocable and will not be regarded as having been duly completed unless: (i) 4.2.1 it is signed by an authorised signatory of the Borrower; and 4.2.2 the proposed Drawdown Date is a Business Day within falling on or before the Final Availability Period; and (ii) the currency and amount of the Drawdown comply to Clause 5.3 (Currency and amount)Date.

Appears in 1 contract

Samples: Loan Agreement

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