Common use of Making of Advances Clause in Contracts

Making of Advances. Subject to clause 4.3, after receipt of a Drawdown Notice the amount of the Advance requested in a Drawdown Notice must, unless otherwise directed by the Manager, be deposited by the Redraw Facility Provider in an Account or a Combined Account in immediately available funds no later than 11.00 am on the Drawdown Date.

Appears in 3 contracts

Samples: Redraw Facility Agreement (Macquarie Securitisation LTD), Redraw Facility Agreement (Macquarie Securitisation LTD Puma Global Trust No 4), Redraw Facility Agreement (Macquarie Securitisation LTD)

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Making of Advances. Subject to clause [4.3], after receipt of a Drawdown Notice the amount of the Advance requested in a Drawdown Notice must, unless otherwise directed by the Manager, be deposited by the Redraw Facility Provider in an Account or a Combined Account in immediately available funds no later than 11.00 am [ ] on the Drawdown Date.

Appears in 1 contract

Samples: Redraw Facility Agreement (Macquarie Securitisation LTD)

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