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)
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.)
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)