Common use of Redraw Clause in Contracts

Redraw. CBH Grain may in its discretion permit the Supplier to redraw amounts the subject of an Early Repayment if: a. the requirements set out in clause 9.10 are satisfied; and b. the total of all the Supplier's outstanding Drawdowns will not exceed the Total Credit Limit immediately after the Drawdown of the redraw amount is paid.

Appears in 3 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

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Redraw. CBH Grain may in its discretion permit the Supplier to redraw amounts the subject of an Early Repayment if: a. the requirements set out in clause 9.10 are satisfied; andand‌ b. the total of all the Supplier's outstanding Drawdowns will not exceed the Total Credit Limit immediately after the Drawdown of the redraw amount is paid.

Appears in 1 contract

Samples: Pool Contract

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