Requesting a drawdown Clause Samples
Requesting a drawdown. (a) If the Borrower wants a drawdown, the Obligors' Agent must provide a written Drawdown Notice to the Financier by 11:00am (London time)at least 2 Business Days prior to the requested Drawdown Date (or such later time as the Financier may agree).
(b) The minimum amount of a Drawing is the lesser of:
(i) US$1,000,000; and
(ii) the Undrawn Facility Limit.
Requesting a drawdown. If a Borrower wants a drawdown, it agrees to give a Drawdown Notice to the Bank by 11:00 a.m. on the Business Day next preceding the day it wants the drawdown. Each Borrower must provide its own Drawdown Notice.
Requesting a drawdown. If a Borrower wants a drawdown, it agrees to give a Drawdown Notice to the Bank by 11:00 am (Puerto Rico time) on the Business Day next preceding the day it wants the drawdown. Each Borrower must provide its own Drawdown Notice.
Requesting a drawdown. If a Borrower wants a drawdown, it agrees to give a Drawdown Notice to the Bank by 11.00 am (Melbourne time) on the second Business Day before the day it wants the drawdown, or any later time agreed by the Bank. Each Borrower must provide its own Drawdown Notice.
Requesting a drawdown. If the Company wants a drawdown, it agrees to give a Drawdown Notice to Fortrend Securities by 11.00 am on the 5th consecutive Trading Day before the Trading Day on which it wants the drawdown. A Drawdown Notice may not be given within 5 consecutive Trading Days before or after another Drawdown Notice.
Requesting a drawdown. (a) If [the / a] Borrower wants a drawdown, the Obligors’ Agent must provide a written Drawdown Notice to the Financier by 11:00am ([•] time) at least 2 Business Days prior to the requested Drawdown Date (or such later time as the Financier may agree).
(b) The minimum amount of a Drawing is the lesser of:
(i) US$[•]; and
(ii) the Undrawn Facility Limit.
(c) [Unless the Drawing is for the Undrawn Facility Limit, the Drawing must be in an integral multiple of US$[•].]