Common use of Conditions to all drawdowns Clause in Contracts

Conditions to all drawdowns. In addition to the conditions precedent in clause 3 ("Conditions precedent") of the Common Terms Deed Poll, the Financier need not provide any financial accommodation on a Drawdown Date unless it is satisfied that: (a) the Drawdown Date is a Business Day during the Availability Period for the Facility; (b) the amount of the Drawing equals or exceeds the minimum drawdown amount set out in clause 3.2(b) ("Requesting a drawdown"); (c) after the Drawing has been made, the sum of all outstanding Drawings will not exceed the Facility Limit; (d) the Financier has received a Drawdown Notice in respect of the requested drawdown in accordance with clause 3.2 ("Requesting a drawdown"); and (e) the proposed Drawing is for one or more of the purposes set out in the Details.

Appears in 2 contracts

Samples: Term Facility Agreement (Hardie James Industries Nv), 364 Day Facility Agreement (Hardie James Industries Nv)

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Conditions to all drawdowns. In addition to the conditions precedent in clause 3 ("Conditions precedent") of the Common Terms Deed Poll, the Financier need not provide any financial accommodation on a Drawdown Date unless it is satisfied that: (a) the Drawdown Date is a Business Day during the Availability Period for the Facility; (b) the amount of the Drawing equals or exceeds the minimum drawdown amount set out in clause 3.2(b) ("Requesting a drawdown"); (c) after the Drawing has been made, the sum of all outstanding Drawings will not exceed the Facility Limit; (d) the Financier has received a Drawdown Notice in respect of the requested drawdown in accordance with clause 3.2 ("Requesting a drawdown"); and (e) the proposed Drawing is for one or more of the purposes set out in the Details.

Appears in 2 contracts

Samples: Bullet Facility Agreement (Hardie James Industries Nv), Bullet Facility Agreement (Hardie James Industries Nv)

Conditions to all drawdowns. In addition to the conditions precedent in clause 3 ("Conditions precedent") of the Common Terms Deed Poll, the Financier need not provide any financial accommodation on a Drawdown Date unless it is satisfied that: (a) the Drawdown Date is a Business Day during the Availability Period for the Facility; (b) the amount of the Drawing equals or exceeds the minimum drawdown amount set out in clause 3.2(b) ("Requesting a drawdown"); (c) after the Drawing has been made, the sum of all outstanding Drawings will not exceed the Facility Limit; (d) the Financier has received a Drawdown Notice in respect of the requested drawdown in accordance with clause 3.2 ("Requesting a drawdown"); and (e) the proposed Drawing is for one or more of the purposes purpose set out in the Details.

Appears in 1 contract

Samples: 364 Day Facility Agreement (James Hardie Industries N.V.)

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Conditions to all drawdowns. In addition to the conditions precedent in clause 3 ("Conditions precedent") of the Common Terms Deed Poll, the Financier need not provide any financial accommodation on a Drawdown Date unless it is satisfied that: (a) the Drawdown Date is a Business Day during the Availability Period for the Facility; (b) the amount of the Drawing equals or exceeds the minimum drawdown amount set out in clause 3.2(b) ("Requesting a drawdown"); (c) after the Drawing has been made, the sum of all outstanding Drawings will not exceed the Facility Limit;; ã Mallesons Xxxxxxx Xxxxxx 10616910_8 Xxxxx Xxxxxx — Bullet Facility Agreement 21 June 2011 7 (d) the Financier has received a Drawdown Notice in respect of the requested drawdown in accordance with clause 3.2 ("Requesting a drawdown"); and (e) the proposed Drawing is for one or more of the purposes set out in the Details.

Appears in 1 contract

Samples: Bullet Facility Agreement (James Hardie Industries Se)

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