Re-drawing or Re. borrowing 6.2 The Bank may at its discretion subject to the terms and conditions set out in Part B or as the case may be, the Letter of Offer allows the Borrower to redraw or re-borrow any of the amounts repaid or prepaid. Such amounts redrawn or re-borrowed together with interest thereon at the applicable Prescribed Rate shall be deemed to be and form part of all the monies owing or payable by the Borrower and secured by the Security Documents.
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement
Re-drawing or Re. borrowing 6.2 The Bank may at its discretion subject to the terms and conditions set out in Part B or as the case may be, the Letter of Offer allows the Borrower to redraw or re-borrow any of the amounts repaid or prepaid. Such amounts redrawn or re-borrowed together with interest thereon at the applicable Prescribed Rate shall be deemed to be and form part of all the monies owing or payable by the Borrower and secured by the Security Documents.. SECTION 7 Section 7.1
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement
