Examples of Initial Utilisation Date in a sentence
Evidence that the fees, costs and/or expenses then due from the Borrower pursuant to the Facility Agreement have been paid or will be paid by the Initial Utilisation Date.
The Borrower shall supply to the Facility Agent a Market Valuation Report with respect to each Vessel within 180 days from the financial year end of the applicable Guarantor, such obligation to commence on and from the Initial Utilisation Date.
Each Obligor shall ensure that, at all times after the Initial Utilisation Date or, if later, the date it becomes a Party, it has sufficient equity to be and remain in compliance with all thin capitalisation rules applicable to it.
Commencing with the first full financial half-year ending after the Initial Utilisation Date, deliver semi-annual unaudited consolidated financial statements of the Group (the Semi-Annual Financial Statements) no later than 90 days (or 150 days in case of the first full financial half year ending after the Initial Utilisation Date) after the end of each financial first half-year.
Evidence that the fees, costs and expenses then due from the Borrower pursuant to any of the Finance Documents have been paid or will be paid by the Initial Utilisation Date.