Common use of Completion of Requests Clause in Contracts

Completion of Requests. 5.2.1 A Request for a Loan will not be regarded as having been duly completed unless: (a) the Drawdown Date is a Business Day falling within the Availability Period; (b) the currency and amount of the Loan comply with Clause 5.3 (Currency and amount); and (c) the proposed Term complies with this Agreement. 5.2.2 Only one Loan may be requested in a Request.

Appears in 3 contracts

Sources: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC)

Completion of Requests. 5.2.1 A Request for a Loan will not be regarded as having been duly completed unless: (a) it identifies the Drawdown Borrower; (b) the Utilisation Date is a Business Day falling within the Availability Period; (bc) the currency and amount of the Loan Utilisation comply with Clause 5.3 (Currency and amountamount of Loan); and (cd) the proposed Term complies with this Agreement. 5.2.2 Only one Loan may be requested in a Request.

Appears in 1 contract

Sources: Facilities Agreement (Royal Ahold)