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.
Appears in 2 contracts
Samples: Term Facility Agreement (Hardie James Industries Nv), 364 Day Facility Agreement (Hardie James Industries Nv)
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 (London time)at 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.
Appears in 2 contracts
Samples: Bullet Facility Agreement (Hardie James Industries Nv), Bullet Facility Agreement (Hardie James Industries Nv)
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 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.
(c) Unless the Drawing is for the Undrawn Facility Limit, the Drawing must be in integral multiples of $500,000.
Appears in 1 contract
Samples: Term Facility Agreement (James Hardie Industries Se)
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 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$1,000,000; and
(ii) the Undrawn Facility Limit.
(c) Unless the Drawing is for the Undrawn Facility Limit, the Drawing must be in integral multiples of US$[•]
Appears in 1 contract
Samples: 364 Day Facility Agreement (James Hardie Industries N.V.)