Common use of Drawdown Request Clause in Contracts

Drawdown Request. Subject to clause 3, the Borrower may request an Advance to be advanced in one amount on any Banking Day prior to the end of the Availability Period by delivering to the Facility Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than seven (7) Banking Days before the proposed Drawdown Date or such shorter period as the Facility Agent may agree.

Appears in 3 contracts

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

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Drawdown Request. Subject to clause 3, the Borrower may request an Advance to be advanced in one amount on any Banking Day prior to the end of the Availability Period by delivering to the Facility Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than seven four (74) Banking Days before the proposed Drawdown Date or such shorter period as the Facility Agent may agree.

Appears in 1 contract

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

Drawdown Request. Subject to clause 3, the Borrower may request an the Advance to be advanced in one amount on any Banking Day prior to the end of the Availability Period by delivering to the Facility Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than seven (7) Banking Days before the proposed Drawdown Date or such shorter period as the Facility Agent may agree.three

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement

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Drawdown Request. Subject to clause 3, the Borrower may request an the Advance to be advanced in one amount on any Banking Day prior to the end of the Availability Period by delivering to the Facility Agent a duly completed Drawdown Notice not more than ten (10) and not fewer than seven three (73) Banking Days before the proposed Drawdown Date or such shorter period as the Facility Agent may agree.

Appears in 1 contract

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

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