Redrawing. Amounts repaid pursuant to clause 6.1 may be redrawn by the Borrower in accordance with the terms of this Agreement.
Redrawing. You may redraw from your loan account if all conditions in this clause 8 have been met. Any amount you redraw becomes part of the loan amount. If the nominal amount outstanding for a loan amount on a day is more than the balance owing on the loan account on that day (calculated by excluding any uncleared funds which have been credited to the loan account), then you may redraw on that day up to an amount determined by us to be the lower of:
(a) that excess; or
(b) an amount we determine. The following conditions all need to be met before you may redraw:
(a) neither we nor you have cancelled this option;
(b) if there is more than one of you, each of you have signed a redraw authority in a form satisfactory to us, which authorises us to act on the instructions of any one of you in respect of exercising this option, and that authority has not been cancelled;
(c) the redraw amount is at least a minimum amount which we determine from time to time;
(d) you are not in default of this agreement or any other agreement with us when you request the redraw;
(e) during the loan term, the loan amount has a variable interest rate;
(f) your request for a redraw has been received by us in a form, and in a manner, satisfactory to us;
(g) you have conducted the loan account in a satisfactory manner;
(h) your loan account is not supported by a guarantee;
(i) the redraw amount is not to be used for business purposes;
(j) your repayments for the loan account to which the redraw relates are sufficient after the redraw to repay the total amount owing by the end of the loan term. A reference to repayments in this paragraph is to the higher of the repayments applying immediately before we receive your redraw request and an amount we determine at the time of the redraw by reference to our policy then applying to the maximum increase to repayments that we will implement following redraws;
(k) each time you redraw or request to redraw, nothing has occurred which could adversely affect your ability to repay the total amount owing as it will exist after the redraw, in accordance with the terms of this agreement; and
(l) you have an account with us to which we are able to credit redraw funds. You may cancel this right to redraw at any time by notifying us to that effect. We may cancel this right to redraw at any time without prior notice to you. However, we will give you notice after we do so.
Redrawing. Unless you have a Revolving Credit Facility or unless otherwise agreed with us, any amount repaid under a Facility Agreement will not be available for re-borrowing.
Redrawing. Any Advance prepaid under clause 9.1(A) shall be available to be redrawn during the Availability Period.
Redrawing. 8.2.1 Any part of the Facility repaid at the conclusion of the Interest Period relative thereto shall (except in the event of any Term Loan) be available to be redrawn in whole or in part by the Borrower at any time prior to the Repayment Date subject always to the provisions of this Agreement.
8.2.2 No repayment of the Term Loan shall be available for redrawing.
Redrawing. Any amounts voluntarily prepaid (but not cancelled) in accordance with this Clause 8 (Prepayment and Cancellation) may be redrawn up to the maximum of the Facility as stipulated at any given point in time according to Clause 1(A) (Facility), such redrawing to be in accordance with Clause 5 (Drawdown).
Redrawing. Subject to this Agreement, prepayments or repayments under a Facility will not be available for redrawing.
Redrawing. Any Advance prepaid under sub-clause 11.1.1 of Clause 11.1 (Voluntary Prepayment) shall be available to be redrawn during the Availability Period.
Redrawing. (a) Amounts repaid or prepaid under Facility A may not be redrawn.
(b) Subject to compliance with the provisions of this agreement relating to drawdown, amounts under:
(i) Facility B prepaid in accordance with clause 9.1 shall be available for drawing or redrawing during the Availability Period; and
(ii) Facility C repaid in accordance with clause 9.?(a) or prepaid in accordance with clause 9.1 shall be available for drawing or redrawing during the Availability Period.
Redrawing. 11.8.1 Subject to sub-clause 11.8.2 below, no amount which is prepaid under this Agreement may be redrawn.
11.8.2 Any Advance prepaid under sub-clause 11.1.1 of Clause 11.1 (Voluntary Prepayment) shall be available to be redrawn during the Availability Period in accordance with the terms of this Agreement.
11.8.3 If all or part of any Lender’s participation in an Advance under a Facility is prepaid and is not available for redrawing (other than by operation of Clause 4.3 (Conditions to each Utilisation of the Revolving Facility)), an amount of that Lender’s Commitment (equal to the Dollar Amount of the amount of the participation which is prepaid) in respect of that Facility will be deemed to be cancelled on the date of prepayment.
11.8.4 Any prepayments of an Advance pursuant to Clause 11.1 (Voluntary Prepayment) or Clause 11.2 (Mandatory Prepayment) shall be applied pro rata to each Lender’s participation in that Loan.
