Disbursement Offer Clause Samples

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5 (Conditions of Disbursement), provided that no event mentioned in Sub-Paragraph (b) of Article 2.6 (Cancellation) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is [*****] days before the relevant Final Availability Date. The Disbursement Offer shall specify: (a) the amount of the Tranche; (b) the Disbursement Date, which shall be a Relevant Business Day, falling at least [*****] days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, namely the Deferred Interest Fixed Rate; (d) the terms and frequency for repayment of principal (bullet); (e) the Maturity Date / Repayment Date; and (f) the Disbursement Acceptance Deadline.

Disbursement Offer. Upon request by the Borrower and subject to Article 1.4.A, provided that no event mentioned in Article 1.6.B has occurred and is continuing, the Bank shall send to the Borrower within 5 (five) Business Days after the receipt of such request a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Bank of such ▇▇▇▇▇▇▇▇’s request is 15 (fifteen) Business Days before the Final Availability Date. The Disbursement Offer shall specify: (a) the amount of the Tranche in the currency, amount and EUR equivalent of the Tranche; (b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, being: (i) a Fixed Rate Tranche; or (ii) a Floating Rate Tranche, in each case, pursuant to the relevant provisions of Article 3.1; (d) the Payment Dates and the first interest Payment Date for the Tranche; (e) the terms for repayment of principal for the Tranche, in accordance with the provisions of Article 4.1; (f) the Repayment Dates and the first and the last Repayment Date for the Tranche, or the single Repayment Date; (g) for a Fixed Rate Tranche, the Fixed Rate and for a Floating Rate Tranche, the Spread, applicable to the Tranche until the Maturity Date; and (h) the Disbursement Acceptance Deadline.

Disbursement Offer. Upon request by the Borrower, provided that no event mentioned in Article 1.06B has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the amount currency and EUR equivalent of the Tranche; (b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, being: (i) a Fixed Rate Tranche; or (ii) a Floating Rate Tranche, in each case, pursuant to the relevant provisions of Article 3.01; (d) the interest payment periodicity for the Tranche, in accordance with the provisions of Article 3.01; (e) the first Payment Date for the Tranche; (f) the terms for repayment of principal for the Tranche, in accordance with the provisions of Article 4.01; (g) the first and last repayment dates of principal for the Tranche; (h) for a Fixed Rate Tranche, the Fixed Rate and for a Floating Rate Tranche the Spread, applicable until the Maturity Date; and (i) the Disbursement Acceptance Deadline.

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5 (Conditions of Disbursement), provided that no event mentioned in sub-paragraph (b) of Article 2.6 (Cancellation) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the Tranche to be disbursed; (b) the amount of the Tranche; (c) the Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (d) the interest rate basis of the Tranche, namely: (i) the Fixed Rate applicable to such Tranche; (ii) the PIK Interest Rate applicable to such Tranche (in respect of Tranche A and Tranche B); and (iii) the Payment Dates and interest periods; (e) the terms and frequency for repayment of principal (bullet in respect of Tranche A and Tranche B and annual instalments in respect of Tranche C); (f) first Repayment Date and the Maturity Date; (g) the Disbursement Acceptance Deadline; and (h) the relevant number of Warrants to be granted in relation to the Tranche.

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5 (Conditions of Disbursement), provided that no event mentioned in sub-paragraph (b) of Article 2.6 (Cancellation) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement under a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) the amount of the Tranche, being an amount which is not more than the Available Commitment under that Tranche and which is a minimum of EUR2,000,000 (two million euros) or, if less, the Available Commitment under that Tranche; (b) the Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (c) the interest rate basis of the Tranche, namely: (i) that it is a Fixed Rate Tranche; (ii) the Fixed Rate; and (iii) the Payment Dates and interest periods; (d) the terms and frequency for repayment of principal; (e) first Repayment Date and the Maturity Date; (f) the Disbursement Acceptance Deadline; and (g) the Royalties payable in relation to the Tranche.

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5 (Conditions of Disbursement), provided that no event mentioned in sub-paragraph (b) of Article 2.6 (Cancellation) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 6 (six) Business Days before the Final Availability Date. The Disbursement Offer shall specify: (a) the concerned Tranche; (b) the amount of the Tranche; (c) the Disbursement Date, which shall be a Relevant Business Day, falling at least 6 (six) Business Days after the date of the Disbursement Acceptance and on or before the Final Availability Date; (d) the PIK Interest Rate applicable to such Tranche; (e) the interest periods; (f) the terms for repayment of principal in accordance with Article 5.1; (g) the Maturity Date; (h) the Disbursement Acceptance Deadline; and (i) the relevant number of Warrants to be issued in relation to the Tranche.

Disbursement Offer of the Finance Contract, we hereby offer to make available to you the following Tranche:

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5 (Conditions of Disbursement), provided that no event mentioned in Sub-Paragraph (b) of Article 2.5.4 (Cancellation) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 6 (six) Business Days before the Final Availability Date. The Disbursement Offer shall specify: (a) Tranche [A/B/C]; (b) the amount of the Tranche; (c) the Disbursement Date, which shall be a Relevant Business Day, falling at least 6 (six) Business Days after the date of the Disbursement Acceptance and on or before the Final Availability Date; (d) the interest rate basis of the Tranche, namely: (i) that it is Fixed Rate and/or a Deferred Interest Rate ; (ii) the Fixed Rate and/or the Deferred Interest Rate applicable to such Tranche; and (iii) the Payment Dates and interest periods; (e) the terms and frequency for repayment of principal in accordance with Article 5.1 (Normal Repayment); (f) first Repayment Date and Maturity Date; (g) the Disbursement Acceptance Deadline; and (h) the relevant number of Warrants to be issue and/or become exercisable in relation to the Tranche, if relevant.

Disbursement Offer. Upon request by the Borrower and subject to Article 2.5, provided that no event mentioned in Article 2.6(b) has occurred and is continuing, the Bank shall send to the Borrower a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Borrower of a Disbursement Offer is 10 (ten) days before the Final Availability Date. The Disbursement Offer shall specify: (a) whether the Tranche is the First Tranche, the Second Tranche or the Third Tranche; (b) the amount of the Tranche; (c) the Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; (d) the interest rate basis of the Tranche, namely: (i) in respect of the First Tranche, the PIK Interest Rate; and (ii) in respect of the Second Tranche and the Third Tranche, the Fixed Rate applicable to such Tranche; and (e) the Payment Dates and interest periods; (f) the terms and frequency for repayment of principal; (g) first Repayment Date and/or Maturity Date; (h) the Disbursement Acceptance Deadline.