Completion of Requests. A Request will not be regarded as having been duly completed unless: (a) the Drawdown Date is a Business Day falling on or before the final day of the Availability Period; (b) it identifies whether the Loan is a Revolving Credit Loan or a Term Loan; (c) the amount of the Loan is: (i) if the currency is Sterling, a minimum of £3,000,000 and an integral multiple of £1,000,000; or (ii) if the currency is U.S. Dollars, a minimum of U.S.$3,000,000 and an integral multiple of U.S.$1,000,000; or (iii) if the currency is euro, a minimum of €3,000,000 and an integral multiple of €1,000,000; or (iv) if the currency is an Optional Currency other than U.S. Dollars or euro either: (A) the equivalent of a minimum of £3,000,000 and an integral multiple of 1,000,000 units of the relevant currency; or (B) such amount as the Agent and the Company may agree; or (v) the balance of the undrawn Total Commitments; (d) the amount selected under paragraph (c) above does not cause Clause 2.1 (Facility) to be contravened; (e) the currency selected complies with Clause 10 (Optional Currencies); (f) the Interest Period selected complies with Clause 8 (Interest Periods) and does not extend beyond the Final Maturity Date; and (g) the payment instructions comply with Clause 12 (Payments). Each Request must specify one Loan only, but the Borrowers may, subject to the other terms of this Agreement, deliver more than one Request on any one day.
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Completion of Requests. A Request will not be regarded as having been duly completed unless:
(a) the Drawdown Date is a Business Day falling on or before the final day of the Availability Period;
(b) it identifies whether the Loan is a Revolving Credit Loan or a Term Loan;
(c) the amount of the Loan is:
(i) if the currency is Sterling, a minimum of £3,000,000 and an integral multiple of £1,000,000; or;
(ii) if the currency is U.S. Dollars, a minimum of U.S.$3,000,000 and an integral multiple of U.S.$1,000,000; or;
(iii) if the currency is euro, a minimum of €3,000,000 and an integral multiple of €1,000,000; or;
(iv) if the currency is an Optional Currency other than U.S. Dollars or euro either:
(A) the equivalent of a minimum of £3,000,000 and an integral multiple of 1,000,000 units of the relevant currency; or
(B) such amount as the Agent and the Company may agree; or
(v) the balance of the undrawn Total Commitments;
(d) the amount selected under paragraph (c) above does not cause Clause 2.1 (Facility) to be contravened;
(e) the currency selected complies with Clause 10 (Optional Currencies);
(f) the Interest Period selected complies with Clause 8 (Interest Periods) and does not extend beyond the Final Maturity Date; and
(g) the payment instructions comply with Clause 12 (Payments). Each Request must specify one Loan only, but the Borrowers may, subject to the other terms of this Agreement, deliver more than one Request on any one day.
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Samples: Facility Agreement (Spirent PLC)
Completion of Requests. A Request will not be regarded as having been duly completed unless:
(a) the Drawdown Date is a Business Day falling on or before the final day of the Availability Commitment Period;
(b) it identifies whether the Loan is a Revolving Credit Loan or a Term Loan;
(c) the amount of the Loan is:
(i) if the currency is Sterling, a minimum of £3,000,000 5,000,000 and an integral multiple of £1,000,000; or
(ii) if the currency is U.S. Dollars, a minimum of U.S.$3,000,000 U.S.$5,000,000 and an integral multiple of U.S.$1,000,000; or
(iii) if the currency is euro, a minimum of €3,000,000 5,000,000 and an integral multiple of €1,000,000; or
(iv) if the currency is an Optional Currency other than U.S. Dollars or euro either:
(A) the equivalent of a minimum of £3,000,000 5,000,000 and an integral multiple of 1,000,000 units of the relevant currency; or
(B) such amount as the Agent and the Company may agree; or
(v) the balance of the undrawn Total Commitments;
(dc) the amount selected under paragraph (cb) above does not cause Clause 2.1 (Facility) to be contravened;
(ed) the currency selected complies with Clause 10 (Optional Currencies);
(fe) the Interest Period selected complies with Clause 8 (Interest Periods) and does not extend beyond the Final Maturity Date; and
(gf) the payment instructions comply with Clause 12 (Payments). Each Request must specify one Loan only, but the Borrowers may, subject to the other terms of this Agreement, deliver more than one Request on any one day.
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Samples: Credit Agreement (Spirent PLC)
Completion of Requests. A Request will not be regarded as having been duly completed unless:
(a) the Drawdown Date is a Business Day falling on or before in the final day of the Availability Commitment Period;
(b) it identifies whether if the Loan currency selected is a Revolving Credit Loan or a Term Loan;
(c) Euro, the amount of the Loan is:
(i) if the currency is Sterling, a minimum of £3,000,000 (Euro)10,000,000 and an integral multiple of £1,000,000(Euro)5,000,000; or
(ii) if the currency is U.S. Dollars, a minimum of U.S.$3,000,000 and an integral multiple of U.S.$1,000,000; or
(iii) if the currency is euro, a minimum of €3,000,000 and an integral multiple of €1,000,000; or
(iv) if the currency is an Optional Currency other than U.S. Dollars or euro either:
(A) the equivalent of a minimum of £3,000,000 and an integral multiple of 1,000,000 units of the relevant currency; or
(B) such amount as the Agent and the Company may agree; or
(v) the balance of the undrawn Total Commitments; or
(iii) such other amount as the Agent may agree;
(c) if the currency selected is an Optional Currency, the amount of the Loan is:
(i) an integral multiple of at least 100,000 of the largest currency unit of that Optional Currency but at least the equivalent of (Euro)10,000,000;
(ii) the balance of the undrawn Total Commitments; or
(iii) such other amount as the Agent may agree;
(d) the amount selected under paragraph paragraphs (b) or (c) above does not cause Clause 2.1 (Facility) to be contravened;
(e) the currency selected complies with Clause 10 (Optional Currencies);
(f) the Interest Period selected complies with Clause 8 (Interest Periods) and does not extend beyond the Final Maturity Date; and
(g) the payment instructions comply with Clause 12 specify an account of the Borrower in Paris (Paymentsin the case of Euros) or in the principal financial centre of the country of the relevant currency (in the case of an Optional Currency). Each Request must specify one Loan only. Unless otherwise agreed by the Agent, but the Borrowers may, subject to the other terms of this Agreement, deliver no more than one Request on five Loans may be outstanding at any one daytime.
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Samples: Multicurrency Revolving Credit Facility (Cousin Acquisition Inc)
Completion of Requests. A Request will not be regarded as having been duly completed unless:
(a) it specifies whether the Drawdown Loan is a Loan under the Tranche A Facility or the Tranche B Facility;
(b) the Utilisation Date is a Business Day falling on or before the final day of the Availability relevant Commitment Period;
(b) it identifies whether the Loan is a Revolving Credit Loan or a Term Loan;
(c) the amount of the Loan is:
(i) if the currency is Sterlingeuro, a minimum of £3,000,000 euro 30,000,000 and an integral multiple of £1,000,000euro 5,000,000; or
(ii) if the currency is U.S. Dollars, a minimum of U.S.$3,000,000 U.S.$30,000,000 and an integral multiple of U.S.$1,000,000U.S.$5,000,000; or
(iii) if the currency is euroSterling, a minimum of €3,000,000 L20,000,000 and an integral multiple of €1,000,000L5,000,000; or
(iv) if the currency is an Optional Alternative Currency other than U.S. Sterling or Dollars or euro either:
(A) the equivalent of a minimum of £3,000,000 and an integral multiple of 1,000,000 units of the relevant currency; or
(B) such amount as the Agent and the Company relevant Borrower may agree; or
(B) in the absence of such agreement, the equivalent of a minimum of euro 30,000,000 and an integral multiple of 5,000,000 units of the relevant currency, rounded on such basis as may reasonably be determined by the Agent and notified to the relevant Borrower; or
(v) the balance of the relevant undrawn Total Commitments;
(d) the amount selected under paragraph (c) above does not cause Clause 2.1 (FacilityThe Facilities) to be contravened;
(e) the currency selected complies with Clause 10 12 (Optional Alternative Currencies);
(f) the Interest Period selected complies with Clause 8 10 (Interest Periods) and does not extend beyond the relevant Final Maturity Date; and
(g) the payment instructions comply with Clause 12 14 (Payments). Each Request must specify one Loan only, but the Borrowers may, subject to the other terms of this Agreement, deliver more than one Request on any one day.
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Samples: Credit Facility Agreement (Rexam Acquisition Subsidiary Inc)