Common use of Conditions precedent on Delivery Clause in Contracts

Conditions precedent on Delivery. The Total Commitments shall only become available for borrowing under this Agreement if the Agent, or its duly authorised representative, has received all of the documents and evidence listed in Part 2 of Schedule 3 (Conditions precedent on Delivery) in form and substance satisfactory to the Agent.

Appears in 2 contracts

Samples: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)

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Conditions precedent on Delivery. The Total Commitments Delivery Commitment shall only become available for borrowing under this Agreement if the Agent, or its duly authorised representative, has received all of the documents and evidence listed in Part 2 of Schedule 3 (Conditions precedent on Delivery) in form and substance satisfactory to the Agent.

Appears in 2 contracts

Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)

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