Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans would exceed its Commitment; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Advance of Loan. (a) The Agent shall promptly notify each Bank of the details of the requested Loan and the amount of its participation in the Loan.
(b) Subject to the terms of this Agreement, each Bank shall make its participation in the Loan available to the Agent for the relevant Borrower on the relevant Drawdown Date.
(c) The amount of each Bank’s participation in the Loan will be the proportion of the Loan which its Commitment bears to the Total Commitments on the proposed Drawdown Date.
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result, the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the Loan available to the Facility Agent for the Borrower through its Facility Office on the Utilisation Date.
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan (as calculated by the Facility Agent in accordance with this Clause 4.3).
(b) No Eksportfinans Lender is obliged to participate in the Incidental Costs Loan or any Incidental Vessel Costs Loan.
(c) The amount of each Lender’s share of each requested Instalment Loan will be its Pro Rata Share on the proposed Utilisation Date but adjusted so that the total amount lent by the Eksportfinans Lenders in respect of such Loan is equal to the aggregate which would have been, and would be, lent by the Eksportfinans Lenders, if:
(i) they had participated to the extent of their Pro Rata Share in the Incidental Costs Loan and each Incidental Vessel Costs Loan drawn on or prior to the Utilisation Date of the relevant Instalment Loan; and
(ii) they were to participate to the extent of their Pro Rata Share in the relevant Instalment Loan, and taking into account the amount actually lent by the Eksportfinans Lenders in respect of any Instalment Loans for already drawn.
(d) The Facility Agent shall calculate the amount to be lent by each of the Lenders in connection with each Instalment Loan and shall notify each of the Lenders of such amount as soon as practicable after receipt by the Facility Agent of the Request relating to that Instalment Loan.
(e) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans under the Facility would exceed its Commitment;
(ii) the Loans would exceed the Total Commitments;
(iii) in respect of the Eksportfinans Lenders, the aggregate of the Eksportfinans Loans would exceed the Maximum Eksportfinans Loan Amount;
(iv) in respect of the KEXIM Lenders, the aggregate of the KEXIM Loans would exceed the Maximum KEXIM Loan Amount; or
(v) in respect of the Commercial Lenders, the aggregate of the Commercial Loans would exceed the Maximum Commercial Loan Amount;
(f) If the conditions set out in this Agreement have been met, each Lender must ensure that its share in the requested Loan will be available to the Facility Agent for the Owner through its Facility Office by 10.00 a.m. on the relevant Utilisation Date.
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Credits under a Facility would exceed its Commitment for that Facility; or
(ii) the Credits under a Facility would exceed the Total Commitments under that Facility.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the relevant Borrower through its Facility Office on the Utilisation Date.
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Credits would exceed its Commitment; or
(ii) the Credits would exceed the Total Commitments.
(c) If the conditions set out in this Agreement have been met, each Lender must make its share in the Loan available to the Facility Agent for the relevant Borrower through its Facility Office on the Utilisation Date.
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) No Lender is obliged to participate in making a Loan if, as a result, the Credits would exceed the Total Commitments.
(c) If the conditions set out in this Agreement have been met, each Lender must make its share in the Loan available to the Facility Agent for the relevant Borrower on the Utilisation Date.
Advance of Loan. The Lender is hereby irrevocably authorised and requested to advance the Loan directly to the Provider of Services by electronic funds transfer in payment for the services rendered.
Advance of Loan. (a) The Agent shall promptly notify each Bank of the details of the requested Loan and the amount of its participation in that Loan.
(b) Subject to the terms of this Agreement, each Bank shall make its participation in the Loan available to the Agent for the Borrower on the relevant Drawdown Date. The amount of each Bank's participation in the Loan will be the proportion of the Loan which is equal to the proportion which its Commitment bears to the Total Commitments on the proposed Drawdown Date.
Advance of Loan. Subject to the terms of this Agreement, the Bank shall make the Loan available to the Borrower on the relevant Drawdown Date.
