Common use of Drawdown Request Clause in Contracts

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two (2) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.

Appears in 2 contracts

Samples: Secured Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

Drawdown Request. The Borrower Borrowers may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) Business Days and not fewer later than two 12:00 noon (2London time) three (3) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.

Appears in 2 contracts

Samples: Secured Term Loan Facility Agreement, Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two five (25) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two three (23) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory (including any Attorney-in-Fact) of the Borrower and, once delivered, is irrevocable.

Appears in 2 contracts

Samples: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Loan Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two three (23) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory signatories of the Borrower and, once delivered, is irrevocable.

Appears in 2 contracts

Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two (2) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.three

Appears in 1 contract

Samples: Loan Agreement

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten fifteen (1015) and not fewer than two three (23) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.Drawdown

Appears in 1 contract

Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)

AutoNDA by SimpleDocs

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Availability Commitment Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two three (23) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory (including any Attorney-in-Fact) of the Borrower and, once delivered, is irrevocable.

Appears in 1 contract

Samples: Secured Credit Facility (Teekay Offshore Partners L.P.)

Drawdown Request. The Borrower may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than two three (23) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.

Appears in 1 contract

Samples: Loan Agreement (Teekay LNG Partners L.P.)

Drawdown Request. The Borrower Borrowers may request the Loan to be advanced in one (1) amount on any Business Day prior to the Final Availability Termination Date Date, by delivering to the Agent a duly completed Drawdown Notice not more than ten (10) 10 Business Days and not fewer later than 12:00 noon (London time) two (2) Business Days before the proposed Drawdown Date. Any such Drawdown Notice shall be signed by an authorised signatory of the Borrower and, once delivered, is irrevocable.

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!