Examples of Utilization Date in a sentence
The Borrower agrees that, for one-time utilization, in case that the Borrower, for any reason, fails to withdraw the entire approved Loan Amount on the Utilization Date, the Loan Facility which is not utilized shall be considered as being immediately cancelled.
The Loan Facility shall have a maximum tenor of (***) months, starting from the day of the Utilization Date of the Loan Facility to the Maturity Date.
In any cases, the Bank may decide, at its own discretion, to approve an utilization and make disbursement of the utilization or the Loan on the proposed Utilization Date based on the conditions of the submission of the Notice of Utilization and Debt Assumption which is in accordance with the terms and conditions stated in the Sale and Purchase Agreement and the Cooperation Agreement (if any), this Agreement and the Bank’s internal regulations.
For the purpose of clarity, the “Maturity Date” stipulated herein shall not be longer than (***) months from the day of the Utilization Date under this Agreement.