During Term. (a) On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee: (i) may, in its absolute discretion and with no obligation to do so; or (ii) must, at the direction of the Manager, cancel all or part of the Redraw Limit during the Term. (b) A partial cancellation must be in a minimum of A$250,000 and a whole multiple of A$50,000 unless the Redraw Facility Provider agrees otherwise.
Appears in 8 contracts
Sources: Redraw Facility Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD)
During Term. (a) On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee:
(i) may, in its absolute discretion and with no obligation to do so; or
(ii) must, at the direction of the Manager, Trustee may cancel all or part of the Redraw Limit during the Term.
(b) A partial cancellation must be in a minimum of A$250,000 $100,000 and a whole multiple of A$50,000 $10,000 unless the Redraw Facility Provider agrees otherwise.
Appears in 3 contracts
Sources: Redraw Facility Agreement (Westpac Securitisation Management Pty LTD), Redraw Facility Agreement (Westpac Securitisation Management Pty LTD), Redraw Facility Agreement (Westpac Securitisation MGT Pty LTD Series 2002-1g WST Trust)
During Term. (a) On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee:
(i) may, in its absolute discretion and with no obligation to do so; or
(ii) must, at the direction of the Manager, cancel all or part of the Redraw Limit during the Term.
(b) A partial cancellation must be in a minimum of [A$250,000 250,000] and a whole multiple of [A$50,000 50,000] unless the Redraw Facility Provider agrees otherwise.
Appears in 1 contract
During Term. (a) On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee:
(i) may, in its absolute discretion and with no obligation to do so; or
(ii) must, at the direction of the Manager, cancel all or part of the Redraw Limit during the Term.. REDRAW FACILITY AGREEMENT ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ --------------------------------------------------------------------------------
(b) A partial cancellation must be in a minimum of A$250,000 and a whole multiple of A$50,000 unless the Redraw Facility Provider agrees otherwise.
Appears in 1 contract
During Term. (a) On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee:
(i) may, in its absolute discretion and with no obligation to do so; or
(ii) must, at the direction of the Manager, cancel all or part of the Redraw Limit during the Term.
(b) A partial cancellation must be in a minimum of A$250,000 and a whole multiple of A$50,000 unless the Redraw Facility Provider agrees otherwise.. Redraw Facility Agreement [Allens ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ logo] --------------------------------------------------------------------------------
Appears in 1 contract