Common use of Drawdowns Clause in Contracts

Drawdowns. 2.1 Subject to the terms of this Agreement, the Borrower shall be entitled during the Commitment Period to borrow Advances up to an aggregate amount not exceeding the Commitment provided that the Borrower has requested the relevant Advance by not less than two (2) Business Days’ written notice to the Lender, such notice specifying the proposed Disbursement Date which shall be a Business Day, the amount of the Advance and the Repayment Date, and provided further that at the time of drawdown, no Event of Default has occurred or is, in the reasonable opinion of the Lender, expected to occur. 2.2 A disbursement request shall be irrevocable; provided, that a disbursement request will not be regarded as having been duly completed unless (a) the proposed disbursement date is a business day within the availability period; (b) the amount of the proposed disbursement plus any prior disbursements must be an amount which is not more than the total facility commitment amount; (c) it specifies the account and bank to which the proceeds of the disbursement are to be credited. 2.3 Subject to the terms of this Agreement, the Lender shall make available to the Borrower each Advance referred to in Clause 2.1, before the close of business on the requested Disbursement Date by transferring such Advance to the bank account or by crediting such Advance to such current account with a Group Company as shall be designated by the Borrower.

Drawdowns. 2.1 3.1. Subject to the terms of this Agreement, the Borrower shall be entitled during the Commitment Period to borrow Advances up to an aggregate amount not exceeding the Commitment provided that the Borrower has requested delivered a completed Disbursement Request (in the relevant Advance form attached to this Agreement as Schedule 1) to the Lender by not less than two (2) Business Days’ written notice Days before the proposed Disbursement Date (or such shorter time as agreed to by the LenderParties), such notice specifying the proposed Disbursement Date which shall be a Business Day, the amount of the Advance Loan and the Repayment Date, and provided further that at the time of drawdown, no Event of Default has occurred or is, in the reasonable opinion of the Lender, expected to occurwould result therefrom. 2.2 3.2. A disbursement request Disbursement Request shall be irrevocable; provided, that a disbursement request Disbursement Request will not be regarded as having been duly completed unless (a) the proposed disbursement date Disbursement Date is a business day within the availability periodCommitment Period; (b) the amount of the proposed disbursement requested Loan plus any prior disbursements Loans extended under this Term Loan Facility must be an amount which is not more than the total facility commitment amountCommitment Amount; and (c) it specifies the account and bank to which the proceeds of the disbursement Loan are to be credited. 2.3 3.3. Subject to the terms of this Agreement, the Lender shall make available to the Borrower each Advance Loan referred to in Clause 2.13.1, before the close of business on the requested Disbursement Date by transferring such Advance funds to the bank account or by crediting such Advance to such current account with a Group Company as shall be designated by in the Borrowerrelevant Disbursement Request.

Drawdowns. 2.1 Subject to the terms of this Agreement, the Borrower shall be entitled during the Commitment Period to borrow Advances up to an aggregate amount not exceeding the Commitment provided that the Borrower has requested the relevant Advance by not less than two (2) Business Days’ ' written notice to the Lender, such notice specifying the proposed Disbursement Date which shall be a Business Day, the amount of the Advance and the Repayment Date, and provided further that at the time of drawdown, no Event of Default has occurred or is, in the reasonable opinion of the Lender, expected to occur. 2.2 A disbursement request shall be irrevocable; provided, that a disbursement request will not be regarded as having been duly completed unless (a) the proposed disbursement date is a business day within the availability period; (b) the amount of the proposed disbursement plus any prior disbursements must be an amount which is not more than the total facility commitment amount; (c) it specifies the account and bank to which the proceeds of the disbursement are to be credited. 2.3 Subject to the terms of this Agreement, the Lender shall make available to the Borrower each Advance referred to in Clause 2.1, before the close of business on the requested Disbursement Date by transferring such Advance to the bank account or by crediting such Advance to such current account with a Group Company as shall be designated by the Borrower.

Drawdowns. 2.1 1. Subject to the terms of this Agreement, the Borrower shall be entitled during the Commitment Period to borrow Advances up to an aggregate amount not exceeding the Commitment provided that the Borrower has requested the relevant Advance by not less than two (2) Business Days’ ' written notice to the Lender, such notice specifying the proposed Disbursement Date which shall be a Business Day, the amount of the Advance and the Repayment Date, and provided further that at the time of drawdown, no Event of Default has occurred or is, in the reasonable opinion of the Lender, expected to occur. 2.2 2. A disbursement request shall be irrevocable; provided, that a disbursement request will not be regarded as having been duly completed unless (a) the proposed disbursement date is a business day within the availability period; (b) the amount of the proposed disbursement plus any prior disbursements must be an amount which is not more than the total facility commitment amount; (c) it specifies the account and bank to which the proceeds of the disbursement are to be credited. 2.3 3. Subject to the terms of this Agreement, the Lender shall make available to the Borrower each Advance referred to in Clause 2.1, before the close of business on the requested Disbursement Date by transferring such Advance to the bank account or by crediting such Advance to such current account with a Group Company as shall be designated by the Borrower.