Common use of SPECIFIC UTILIZATION CONDITION Clause in Contracts

SPECIFIC UTILIZATION CONDITION. In addition to the utilization conditions provided by Clause 2.6 from Chapter 1 (General provisions) hereof, the Borrower is entitled to use the Facility Limit under the condition to: (i) specify on the payment documents, the location in the documents where the relevant expenses are mentioned, as well as the source from which payments are made (e.g. own funds, loan); (ii) provide the Bank with the duly filled-in payment instruments, in a form satisfactory to the Bank, whereby the Bank is instructed to make the Credit Facility payments.

Appears in 4 contracts

Samples: General Conditions for Credit Facilities, General Conditions for Credit Facilities, General Conditions for Credit Facilities

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SPECIFIC UTILIZATION CONDITION. In addition to the utilization conditions provided by Clause 2.6 from Chapter 1 (General provisions) hereof, the Borrower is entitled to use the Facility Limit under the condition to: (i) specify on the payment documents, the location in the documents where the relevant expenses are mentioned, as well as the source from which payments are made (e.g. own funds, loan); (ii) to provide the Bank with the duly filled-in payment instruments, in a form satisfactory to the Bank, whereby the Bank is instructed to make the Credit Facility payments.

Appears in 4 contracts

Samples: General Conditions for Credit Facilities, General Conditions for Credit Facilities, General Conditions for Credit Facilities

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