UTILISATION OF FACILITY Sample Clauses

UTILISATION OF FACILITY. 6.1 Subject to clause 5 (Conditions of Utilisation), a Borrower may utilise the Facility during the Availability Period by delivering to the Facility Agent a duly completed Utilisation Request not later than 11h00 not less than 3 (three) Business Days prior to the proposed Utilisation Date.
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UTILISATION OF FACILITY. 6.1 Subject to clause 5 (Conditions of Utilisation), a Borrower may utilise the Facility during the Availability Period by delivering to the Facility Agent a duly completed Utilisation Request:
UTILISATION OF FACILITY utilize the proceeds of the Facility for any other purpose other than as stated in the Letter Offer;
UTILISATION OF FACILITY. 8 5. Interest.............................................................................................8 6. Repayment............................................................................................9 7.
UTILISATION OF FACILITY. 5.1 Advances Subject to the terms of this Agreement, any Borrower may on Business Days during the Availability Period draw an Advance under the Facility by the Obligors' Agent delivering to the Facility Agent no later than 3 pm on the third Business Day prior to the proposed Drawing Date for an Advance in dollars or in an Alternative Currency (other than sterling), and no later than 3 pm on the Business Day prior to the proposed Drawing Date for an Advance to be in sterling a duly completed Request in the form set out in Schedule 3 (Request in Respect of Advances), specifying in respect of the proposed Advance:
UTILISATION OF FACILITY. The Lenders shall not be obliged to make any Loan to the Borrowers under the Facility unless on the proposed Utilisation Date:
UTILISATION OF FACILITY. 13 6. Alternative currencies for Facility.................................14 7.
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UTILISATION OF FACILITY 

Related to UTILISATION OF FACILITY

  • Utilisation The Loan shall be utilised in full on the Utilisation Date by payment from the Lender to an account nominated by the Borrower.

  • Completion of a Utilisation Request (a) Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:

  • Conditions of Utilisation 4.1 Initial conditions precedent

  • Costs of Utilisation 8 Interest

  • Utilisation fee (a) The Company shall pay to the Agent (for the account of each Lender) a utilisation fee computed at the rate of:

  • Delivery of a Utilisation Request The Borrower may utilise the Facility by delivery to the Agent of a duly completed Utilisation Request not later than the Specified Time.

  • Conditions Precedent to All Advances and Letters of Credit The Lender’s obligation to make each Advance or to cause the issuance of a Letter of Credit shall be subject to the further conditions precedent that:

  • Termination of Facility 6.1 The Facility is repayable on demand and may be varied or terminated in the absolute discretion of the Company. In particular the Facility will be terminated upon the occurrence of any one or more of the following events:

  • Conditions Precedent to All Borrowings The obligation of each Lender to make an Advance on the occasion of each Borrowing and of the Issuing Lender to issue, increase, or extend any Letter of Credit shall be subject to the further conditions precedent that on the date of such Borrowing or the date of the issuance, increase, or extension of such Letter of Credit:

  • Description of Facility Provide the following information for all units at the Facility, regardless of their RMR designation status. Information regarding units not designated as Reliability Must-Run Units is required only if and to the extent that the information is used to allocate Facility costs between Reliability Must-Run Units and other units. Unit RMR (Y/N) Maximum Net Dependable Capacity (includes CAISO-paid Upgrade capacity)* Fuel Type For this Facility, the Owner will use [insert either MW, MWhs, or service hours] in Schedule B to allocate Annual Fixed Revenue Requirements to and among Units. This election shall be applicable to all Facilities containing Reliability Must Run Units subject to any “RMR contract” as defined in the CAISO Tariff executed by Owner or any of its affiliates as defined in 18 CFR § 161.2. * Maximum Net Dependable Capacity shall reflect any transformer or line loss to the Delivery Point.

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