Request for an Advance Sample Clauses

Request for an Advance. Subject to the following conditions, the Borrowers may request an Advance to be borrowed by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (Hamburg time) three Business Days prior to the relevant Drawdown Date.
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Request for an Advance. Subject to the following conditions, a Borrower may request that an Advance be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 3 Business Days prior to the intended Drawdown Date.
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Request for an Advance. Subject to the following conditions, the Borrowers may request an Advance to be made by delivering to the Agent a completed Drawdown Notice not later than 10:00 a.m. (New York City time) two (2) Business Days prior to the intended Drawdown Date.
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Request for an Advance. Subject to the following conditions, the Borrower may request an Advance to be borrowed by ensuring that the Lender receives a completed Drawdown Notice not later than 5.00 p.m. one Business Days prior to the relevant Drawdown Date.
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Request for an Advance. Subject to the conditions stated in Clause 3.2, the Borrower may request an Advance or multiple Advances by delivering to the Facility Agent a completed Drawdown Notice in respect of such Advance or Advances not later than 11:00 a.m. (New York time) three (3) Business Days prior to the Expected Drawdown Date thereof. The Facility Agent shall promptly notify the Lenders that it has received a Drawdown Notice and shall inform each Lender of: (a) the amount of the requested Advance(s), the Expected Drawdown Date and the Tranche(s) to which such Advance(s) relate(s); (b) the amount of each Lender’s Ratable Portion of such Advance(s); and (c) the duration of the first Interest Period applicable to such Advance(s).
Sample 1
Request for an Advance. During the term of this Agreement, Borrower may from time to time request an Advance under the Loan, provided that the total principal amount outstanding thereunder shall not at any time exceed the lesser of (i) the amount of the Commitment, or (ii) fifty percent (50%) of the Appraised Value of the Properties as specified in Section 6.13 hereof. Any request made by Borrower for an Advance must be provided to Lender at least two (2) Business Days prior to Xxxxxx’s funding of the Advance. Borrower shall make the Advance request by completing the information on the Wire Transfer Notification which is attached hereto as Exhibit A.
Sample 1
Request for an Advance. Subject to the following conditions, the Borrowers may request an Advance of a tranche of the loan facility to be made by delivering to the Agent a completed Drawdown Notice not later than 10:00 a.m. (New York City time) two (2) Business Days prior to the intended Drawdown Date (it being understood and agreed that an Advance in the principal amount of $22,500,000 in respect of NORDIC OLYMPIC was made on February 6, 2015 and an Advance in the principal amount of $22,500,000 in respect of NORDIC ODIN was made on February 13, 2015).
Sample 1
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Request for an Advance. The Borrower shall have submitted a Drawdown Notice in accordance with Section 201(d) of the Loan Agreement requesting an Advance from WestLB, the proceeds of which will be used to repay amounts owing to the other Lenders such that, after giving effect to such repayment, the Advance(s) owing to all Lenders (including WestLB) are proportional to their relative Commitments; and
Sample 1
Request for an Advance. This Request For An Advance (this “Request”) is made under that certain Construction Agency Agreement, dated as , 200_, by and between Spirit AeroSystems, Inc., as Construction Agent (the “Construction Agent”), and Global TransPark Authority, as Landlord (the “Landlord”) The total amount of the costs incurred in connection with the Work for which an Advance from the Construction Allowance is hereby requested is specified below as the “Total Amount of Requested Advance.” The Construction Agent hereby requests that Landlord execute and deliver the enclosed Disbursement Authorization to Escrow Agent on the date as specified below as the “Requested Date for Approval” at least twenty (20) days after the date of receipt of this Request. The costs incurred in connection with the Work that are included within this Request are listed below and are attached to this Request: VENDOR (Scope) DRAW/INVOICE NO. DATE AMOUNT Total Amount of Requested Approval $ Requested Date for Advance (i.e. 20 days after receipt by Landlord) The Construction Agent, pursuant to Section 5.2 of the Construction Agency Agreement, submits this Request and certifies the following (all capitalized terms used in this Request but not defined herein shall have the meanings given to such terms in the Construction Agency Agreement):
Sample 1

Related to Request for an Advance

  • Request for Borrowing The applicable Borrower shall give Administrative Agent notice of (i) each requested Borrowing hereunder, which notice shall be in writing (a “Request for Borrowing”), in the form of Exhibit B hereto. Each Request for Borrowing shall be irrevocable and effective upon receipt by Administrative Agent and shall be furnished to Administrative Agent: (i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Dollars to which the Term SOFR or Daily Simple SOFR Option applies; (ii) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Alternative Currencies to which the Eurocurrency Rate Option applies; (iii) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Alternative Currencies to which the Daily Simple RFR Option applies; and/or (iv) the same Business Day of the proposed Borrowing Date with respect to the making of a Loan to which the Base Rate Option applies or the last day of the preceding Interest Period with respect to the conversion to the Base Rate Option for any Loan, provided that any such request received by Administrative Agent after 3:00 p.m. (Eastern time) ( 12 noon for Base Rate Option) shall be deemed to have been given by Borrowers on the next succeeding Business Day. Each Request for Borrowing shall specify (A) the amount of such Borrowing, (B) the date of such Borrowing, which shall be a Business Day, (C) the Interest Rate Option, and if applicable, the Interest Period, (D) the Borrowers making the Request for Borrowing, and (E) the amount of each Loan attributable to each Borrower (if applicable); and shall be accompanied or preceded by (x) a duly executed Borrowing Base Certificate dated the date of such Request for Borrowing, (y) such documents as are required to satisfy any applicable conditions precedent as provided in Section 6.2, and (z) an Investment Report dated the date of such Request for Borrowing. Administrative Agent shall promptly give notice of each Request for Borrowing to the Lenders. Each Request for Borrowing submitted by the Borrowers shall be deemed to be a representation and warranty that the conditions specified in Sections 6.1 and 6.2 and, to the extent applicable, Section 6.3, have been satisfied on and as of the date of the applicable Borrowing. No Request for Borrowing shall be valid hereunder for any purpose unless it shall have been accompanied or preceded by the information and other documents required to be delivered in accordance with this Section 2.3.

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