Content of Drawdown Requests. Each Drawdown Request delivered to the Facility Agent must be in the applicable form set out in schedule 5 and must specify (or attach, as appropriate) the following: (a) which Facility is to be utilised; (b) the identity of the Borrower; (c) the proposed Drawdown Date, which must be a Business Day during the relevant Availability Period; (d) if the Drawing is by way of Advance, the amount and currency of that Advance, which must: (i) in the case of a Term A Advance in Sterling, be equal to or less than the undrawn Commitments for the Term A Facility or in the case of a Drawing in an Optional Currency under the Term A Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term A Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent); (ii) in the case of a Term B Advance in Sterling, be equal to or less than the undrawn Commitments for the Term B Facility or in the case of a Drawing in an Optional Currency under the Term B Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term B Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent); (iii) in the case of a Term C Advance in Sterling, be equal to or less than the undrawn Commitments for the Term C Facility or in the case of a Drawing in an Optional Currency under the Term C Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term C Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent); and (iv) in the case of a Cash Bridge Advance in Sterling, be equal to or less than the undrawn Commitments for the Cash Bridge Facility or in the case of a Drawing in an Optional Currency under the Cash Bridge Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Cash Bridge Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent); (e) if the Drawing is by way of an Advance, the duration of the Interest Period applicable to the Revolving Advance or the first Interest Period applicable to the relevant Term Advance or Cash Bridge Advance (as the case may be), which must comply with clause 9 (Selection of Interest Periods); (f) if the Drawing is by way of an Advance, details of the payee and the account to which the proceeds of the Drawing are to be paid; and (g) if the Drawing is by way of a Bank Guarantee: (i) the amount and currency of that Bank Guarantee, which must be in an Original Sterling Amount equal to or less than the Total Available Commitments; (ii) the Beneficiary of that Bank Guarantee; (iii) the expiry date of that Bank Guarantee, which must be a date on or before the Revolving Facility Repayment Date; (iv) the obligation to which the issue of that Bank Guarantee relates; (v) the execution copy of the Bank Guarantee to be issued; and (vi) the Drawdown Date, which must be a Business Day at least 3 Business Days after the date of the Drawdown Request.
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Content of Drawdown Requests. Each Drawdown Request delivered to the Facility Agent must be in the applicable form set out in schedule 5 and must specify (or attach, as appropriate) the following:
(a) which Facility is to be utilised;
(b) the identity of the Borrower;
(c) the proposed Drawdown Date, which must be a Business Day during the relevant Availability Period;
(d) if the Drawing is by way of Advance, the amount and currency of that Advance, which must:
(i) in the case of a Term A Advance in SterlingDollars, be equal to or less than the undrawn Commitments for the Term A Facility or in the case of a Drawing in an Optional Currency Euros under the Term A Facility the Sterling Dollar Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term A Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) $750,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent)$250,000;
(ii) in the case of a Term B Advance in SterlingDollars, be equal to or less than the undrawn Commitments for the Term B Facility or in the case of a Drawing in an Optional Currency Euros under the Term B Facility the Sterling $250,000 Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term B Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) $750,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent);
(iii) in the case of a Term C Advance in Sterling, be equal to or less than the undrawn Commitments for the Term C Facility or in the case of a Drawing in an Optional Currency under the Term C Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term C Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent); and
(iv) in the case of a Cash Bridge Advance in Sterling, be equal to or less than the undrawn Commitments for the Cash Bridge Facility or in the case of a Drawing in an Optional Currency under the Cash Bridge Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Cash Bridge Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent)$250,000;
(e) if the Drawing is by way of an Advance, the duration of the Interest Period applicable to the Revolving Advance or the first Interest Period applicable to the relevant Term Advance or Cash Bridge Advance (as the case may be), which must comply with clause 9 (Selection of Interest Periods);
(f) if the Drawing is by way of an Advance, details of the payee and the account to which the proceeds of the Drawing are to be paid; and;
(g) if the Drawing is by way of a Bank Guarantee:
(i) the amount and currency of that Bank Guarantee, which must be in an Original Sterling Dollar Amount equal to or less than the Total Available CommitmentsCommitments and if less a minimum of $100,000 (or its equivalent in an Optional Currency);
(ii) the Beneficiary of that Bank Guarantee;
(iii) the expiry date of that Bank Guarantee, which must be a date on or before the Revolving Facility Repayment Date;
(iv) the obligation to which the issue of that Bank Guarantee relates;
(v) the execution copy of the Bank Guarantee to be issued; and
(vi) the Drawdown Date, which must be a Business Day at least 3 Business Days after the date of the Drawdown Request.
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Content of Drawdown Requests. Each Drawdown Request delivered to the Facility Agent must be in the applicable form set out in schedule 5 and must specify (or attach, as appropriate) the following:
(a) which Facility is to be utilised;
(b) the identity of the Borrower;
(c) the proposed Drawdown Date, which must be a Business Day during the relevant Availability Period;
(d) if the Drawing is by way of Advance, the amount and currency of that Advance, which must:
(i) in the case of a Term A Advance in Sterling, be equal to or less than the undrawn Commitments for the Term A Facility or in the case of a Drawing in an Optional Currency under the Term A Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term A Facility and in each case and, if less, a minimum of (pound)500,000 (or its Sterling Equivalent) €20,000,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent);€1,000,000; and
(ii) in the case of a Term B Advance in SterlingAdvance, be equal to or less than the undrawn Commitments for the Term B Facility or in the case of a Drawing in an Optional Currency under the Term B Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term B Facility and in each case and, if less, a minimum of (pound)500,000 (or its Sterling Equivalent) €20,000,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent)€1,000,000;
(iii) in the case of a Term C Advance in SterlingAdvance, be equal to or less than the undrawn Commitments for the Term C Facility or in the case of a Drawing in an Optional Currency under the Term C Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term C Facility and in each case and, if less, a minimum of (pound)500,000 (or its Sterling Equivalent) €20,000,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent); and€1,000,000;
(iv) in the case of a Cash Bridge Advance in SterlingAdvance, be equal to the lower of:
(A) the undrawn Bridge Commitment; and
(B) an amount equal to the Trapped Cash as at the Completion Date;
(v) in the case of a Borrowing Base Advance, be in an Original Euro Amount equal to or less than the undrawn Total Available Borrowing Base Commitments for the Cash Bridge Facility or and, if less:
(A) in the case of a Drawing Borrowing Base Advance in Euro, a minimum of €10,000,000 and an integral multiple of €1,000,000;
(B) in the case of a Borrowing Base Advance in an Optional Currency under Currency, the Cash Bridge minimum amount and integral multiple agreed between the Principal Borrower and the Facility Agent; and
(C) (subject to clause 4.3(b)) the Sterling Equivalent Drawdown Request must attach a Borrowing Base Certificate;
(vi) in the case of the Drawing must a Revolving Advance, be in an Original Euro Amount equal to or less than the undrawn Total Available Revolving Commitments for the Cash Bridge Facility and in each case and, if less:
(A) in the case of a Revolving Advance in Euro, a minimum of (pound)500,000 (or its Sterling Equivalent) €10,000,000 and an integral multiple of €1,000,000; and
(pound)100,000 (or its Sterling Equivalent)B) in the case of a Revolving Advance in an Optional Currency, the minimum amount and integral multiple agreed between the Principal Borrower and the Facility Agent;
(e) if the Drawing is by way of an Advance, the duration of the Interest Period applicable to the Revolving Advance or the Borrowing Base Advance or the first Interest Period applicable to the relevant Term Advance or Cash Bridge Advance (as the case may be), which must comply with clause 9 (Selection of Interest Periods);
(f) if the Drawing is by way of an Advance, details of the payee and the account to which the proceeds of the Drawing are to be paid; and;
(g) if the Drawing is by way of a Bank Guarantee:
(i) the amount and currency of that Bank Guarantee, which must be in an Original Sterling Euro Amount equal to or less than the Total Available CommitmentsRevolving Commitments and, if less, a minimum of €5,000,000 (or its equivalent in an Optional Currency) in respect of any Bank Guarantees issued with an original term of more than 364 days or €10,000,000 (or its equivalent in an Optional Currency) otherwise;
(ii) the Beneficiary of that Bank Guarantee;
(iii) the expiry date of that Bank Guarantee, which must be a date on or before the Revolving Facility Repayment Date;
(iv) the obligation to which the issue of that Bank Guarantee relates;
(v) the execution copy of the Bank Guarantee to be issued; and
(vih) in relation to Term Advances drawn to pay for the Drawdown shares of the Target acquired pursuant to the Squeeze-Out Offer:
(i) if the High Yield Notes have been issued on or prior to the Completion Date, which must the relevant Term Advances will be a Business Day at least 3 Business Days after the date paid into an account held by one of the Drawdown RequestPresenting Banks in escrow in accordance with the terms of an escrow agreement in the agreed form for the purposes of payment of shares presented to the Presenting Banks pursuant to the Price Guarantee Offer or the Buy-Back Offer or to be held for payment of any shareholders who have not presented their shares prior to the final presentation date under the Buy-Back Offer or transferred to another account as required pursuant to the CMF Regulations to be held for this purpose; or
(ii) if the High Yield Notes have not been issued on or prior to the Completion Date, Bidco 2 shall pay the proceeds of the Senior Funding Bonds which are required for the purposes of paying the purchase price for the Target Shares pursuant to the Squeeze-Out Offer into an escrow account with one of the Presenting Banks pursuant to an escrow agreement in the agreed form to be applied in the manner set forth in paragraph (i) above.
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Samples: Credit Agreement (Fimep Sa)
Content of Drawdown Requests. Each Drawdown Request delivered to the Facility Agent must be in the applicable form set out in schedule 5 4 and must specify (or attach, as appropriate) the following:
(a) which Facility is to be utilised;
(b) the identity of the Borrower;
(c) the proposed Drawdown Date, which must be a Business Day during the relevant Availability Period;
(d) if the Drawing is by way of Advance, the amount and currency of that Advance, which must:
(i) in the case of a Term A Advance in SterlingAdvance, be an amount in Euro equal to or less than the undrawn Commitments for the Term A Facility or in the case of a Drawing in an Optional Currency under the Term A Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term A Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent)Commitments;
(ii) in the case of a Term B Advance in SterlingRevolving Advance, be in an amount equal to or less than the undrawn Commitments for the Term B Facility or (and in the case of a Drawing Revolving Advance in an the Optional Currency under the Term B Facility the Sterling have a Euro Equivalent of the Drawing must be equal to or less than than) the undrawn portion of the total Commitments in relation to the Revolving Facility and, if less (save for the Term B Facility and a Revolving Advance made in each case if less, a minimum of accordance with clause 6.9 (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling EquivalentRevolving Advance to fund demands under Bank Guarantees);):
(iiiA) in the case of a Term C Revolving Advance in Sterling, be equal to or less than the undrawn Commitments for the Term C Facility or in the case of a Drawing in an Optional Currency under the Term C Facility the Sterling Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Term C Facility and in each case if lessEuro, a minimum of (pound)500,000 (or its Sterling Equivalent) EUR 2,500,000 and an integral multiple of (pound)100,000 (or its Sterling Equivalent)EUR 500,000; and
(ivB) in the case of a Cash Bridge Revolving Advance in Sterlingthe Optional Currency, be equal to or an amount in the Optional Currency having an Euro Equivalent of not less than EUR 2,500,000 or, if higher, being the undrawn Commitments for the Cash Bridge Facility or in the case of a Drawing in an Optional Currency under the Cash Bridge Facility the Sterling Euro Equivalent of the Drawing must be equal to or less than the undrawn Commitments for the Cash Bridge Facility and in each case if less, a minimum of (pound)500,000 (or its Sterling Equivalent) and an integral multiple of (pound)100,000 (or its Sterling Equivalent);EUR 500,000; or
(e) if the Drawing is by way of an Advance, the duration of the Interest Period applicable to the Revolving Advance or the first Interest Period applicable to the relevant Term Advance or Cash Bridge Advance (as the case may be), which must comply with clause 9 8 (Selection of Interest Periods);
(f) if the Drawing is by way of an Advance, details of the payee and the account to which the proceeds of the Drawing are to be paid; and, provided that the proceeds of the Term Advance will be paid as follows:
(i) for the portion of the Term Advance to be used for the refinancing of the Existing Term Facility, by direct payment to the agent under the Existing Facilities;
(ii) for the portion of the Term Advance to be used for the payment of fees and expenses incurred by the Parent in connection with the Senior Finance Documents, by transfer to the Parent's account specified in the Drawdown Request;
(iii) for the balance the Term Advance, by transfer to the Refinancing Cash Collateral Account.
(g) if the Drawing is by way of a Bank Guarantee:
(i) the amount and currency of that Bank Guarantee, which must be in an Original Sterling Amount amount equal to or less than (and in the Total Available Commitmentscase of a Bank Guarantee in the Optional Currency have a Euro Equivalent equal to or less than) the undrawn portion of the total Commitments in relation to the Revolving Facility and, if less:
(A) in the case of a Bank Guarantee denominated in Euro, a minimum of EUR 100,000; or
(B) in case of a Bank Guarantee denominated in the Optional Currency, an amount in the Optional Currency having an Euro Equivalent of not less than EUR 100,000;
(ii) the Beneficiary of that Bank Guarantee;
(iii) the expiry date of that Bank Guarantee, which must be a date on or before the Revolving Facility Repayment Date;
(iv) the obligation to which the issue of that Bank Guarantee relates;; and
(v) the execution copy of the Bank Guarantee to be issued; and
issued (vi) the Drawdown Date, which must be in a Business Day at least 3 Business Days after form previously agreed by the date of Parent, the Drawdown RequestFacility Agent and the relevant Issuing Lender).
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