Common use of Drawing of the Loan Tranche Clause in Contracts

Drawing of the Loan Tranche. (a) In respect of Loan Tranches other than NR VFN Loan Tranches, on satisfaction of the conditions set out in Clause 3, the Issuer shall make the applicable Loan Tranches available to Funding 1 on the relevant Closing Date. The aggregate of such Loan Tranches to be made on the relevant Closing Date will only be available for drawing in one amount by Funding 1 on the relevant Closing Date.

Appears in 4 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompanyloan Agreement

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