Delivery of the Utilisation Request. 5.1.1 A Borrower may utilise a Facility by delivery to the Lender of a duly completed Utilisation Request not later than 10h00 on the date falling three Business Days prior to the proposed Utilisation Date (or such shorter period agreed by the Lender). 5.1.2 A Utilisation Request, once delivered, is irrevocable and a Borrower may not deliver more than one Utilisation Requests in respect of a Facility.
Appears in 2 contracts
Samples: Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)
Delivery of the Utilisation Request. 5.1.1 A Borrower may utilise a the Facility by delivery to the Lender of a duly completed Utilisation Request not later than 10h00 on the date falling 10.00 a.m. three Business Days prior to before the proposed Utilisation Date (or such shorter other time period as may be agreed by with the Lender).
5.1.2 A Utilisation Request, once delivered, is irrevocable and a Borrower may not deliver more than one Utilisation Requests in respect of a Facility.
Appears in 2 contracts
Samples: Facility Agreement (WABCO Holdings Inc.), Facility Agreement (WABCO Holdings Inc.)
Delivery of the Utilisation Request. 5.1.1 A The Borrower may utilise a the Facility by delivery to the Lender Facility Agent of a duly completed Utilisation Request not later than 10h00 on the date falling three Business Days prior to the proposed Utilisation Date (or such shorter period agreed by the LenderLenders).
5.1.2 A The Utilisation Request, once delivered, is irrevocable and a the Borrower may not deliver more than one Utilisation Requests Request in respect of a the Facility.
Appears in 1 contract