Common use of Restrictions on Drawings Clause in Contracts

Restrictions on Drawings. The Borrower shall not be entitled to make more than one Drawing on any Business Day and no more than five (5) Drawings may be outstanding at any one time during the Facility Period. Each Drawing shall be of an amount of not less than four million Dollars ($4,000,000) and shall be in integral multiples of one million Dollars ($1,000,000), or the equivalent in an Optional Currency. If at any time during the Facility Period the Facility Outstandings exceed the Maximum Facility Amount then available or if a proposed Drawing added to the Facility Outstandings would result in the Maximum Facility Amount being exceeded then the Borrower shall immediately pay to the Agent on behalf of the Banks such amounts as will ensure that the Facility Outstandings are equal to or less than the Maximum Facility Amount then available.

Restrictions on Drawings. The Borrower Borrowers shall not be entitled to make more than one Drawing five (5) Drawings on any Business Day and no more than five (5) Drawings may be outstanding at any one time during the Facility Period. Each Drawing shall be of an amount of not less than four ten million Dollars ($4,000,00010,000,000) and shall be in integral multiples of one five million Dollars ($1,000,000), 5,000,000) or the equivalent in an Optional Currencyundrawn balance of the Facility. If at any time during the Facility Period the Facility Outstandings exceed the Maximum Facility Amount then available or if a proposed Drawing added to the Facility Outstandings would result in the Maximum Facility Amount being exceeded then the Borrower Borrowers shall immediately pay to the Agent on behalf of the Banks such amounts as will ensure that the Facility Outstandings are equal to or less than the Maximum Facility Amount then available.

Restrictions on Drawings. The Borrower shall not be entitled to make more than one Drawing three Drawings on any Business Day and no more than five ten (510) Drawings may be outstanding at any one time during the Facility Period. Each Drawing shall be of an amount of not less than four five million Dollars ($4,000,0005,000,000) and shall be in integral multiples of one million Dollars ($1,000,000), or the equivalent Equivalent Amount in an Optional any other Permitted Currency. If at any time during the Facility Period the Facility Outstandings exceed Original Dollar Amount exceeds the Maximum Facility Amount then available or if a proposed Drawing when added to the Facility Outstandings Original Dollar Amount would result in the Maximum Facility Amount being exceeded then the Borrower shall immediately pay to the Agent on behalf of the Banks such amounts amount as will ensure that the Facility Outstandings are Original Dollar Amount is equal to or less than the Maximum Facility Amount then available.