Disbursement procedure. 1.2.A Tranches 1.2.B Disbursement Offer
(a) the amount of the Tranche in EUR;
(b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date;
(c) the interest rate basis of the Tranche, being: (i) a Fixed Rate Tranche; or (ii) a Floating Rate Tranche, in each case, pursuant to the relevant provisions of Article 3.1;
Disbursement procedure. Tranches
Disbursement procedure. The disbursement of each Tranche is determined through the following procedure:
(a) Disbursement Request Prior to each disbursement and upon prior consultation with CEB, the Borrower shall submit to the CEB a disbursement request substantially in the form set out under Appendix 3 hereto (hereinafter, a “Disbursement Request”). A Disbursement Request shall specify the proposed:
(i) Currency(ies) and amount(s) for the Tranche;
(ii) Disbursement Date; such Disbursement Date shall be a Business Day falling at least five (5) Business Days after the date of the Disbursement Request;
(iii) Principal Repayment Date(s), including the Maturity Date, taking into account that the Principal Repayment Period for each Tranche shall not exceed twenty (20) years including a grace period not greater than five (5) years;
(iv) maximum Fixed Interest Rate or maximum Spread to the Reference Rate;
(v) Interest Period and Interest Payment Dates;
(vi) Day Count Convention and Business Days; and (vii) Xxxxxxxx’x account for payments. Each Disbursement Request delivered to the CEB shall be irrevocable, unless otherwise agreed in writing by the CEB.
(b) Disbursement Notice If the CEB receives a Disbursement Request that complies with the Disbursement Request requirements set out in Sub-clause 4.3(a) above, and if all other relevant Disbursement Conditions as defined in Sub-clause 4.5 (Disbursement Conditions) below have been fulfilled by the Borrower, the CEB shall deliver to the Borrower a disbursement notice substantially in the form set out under Appendix 3 hereto (hereinafter, a “Disbursement Notice”). Each Disbursement Notice shall be delivered at least two (2) Business Days before the proposed Disbursement Date. A Disbursement Notice shall specify: (i) the Currency(ies) and the amount(s) for the Tranche;
Disbursement procedure. 1.2.A Tranches 1.2.B Disbursement Offer
Disbursement procedure. 1.2.A Tranches 1.2.B Disbursement Offer
(a) the currency and amount of the Tranche;
(b) the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date;
Disbursement procedure. Tranches Disbursement Offer Disbursement Acceptance Disbursement Account Condition precedent to the first request for Disbursement Offer First Tranche All Tranches
Disbursement procedure. 1.02(1) Tranches
1.02(2) Disbursement Request
(i) the amount and the currency of the Tranche;
(ii) the preferred date for disbursement, which shall be a Relevant Business Day (as defined in Article 5.01), falling not less than fifteen (15) calendar days following the date of the Disbursement Request, it being understood that the Bank may disburse the Tranche up to four (4) calendar months from the date of the Disbursement Request;
(iii) whether the Tranche bears a fixed rate of interest (i.e. it is a ‘‘Fixed-Rate Tranche’’) or a floating rate of interest at a fixed spread (i.e. a ‘‘Fixed- Spread Floating-Rate Tranche’’ or ‘‘FSFR Tranche’’), both pursuant to the relevant provisions of Article 3.01;
(iv) the preferred terms for repayment of principal, chosen in accordance with Article 4.01; (v) the preferred Payment Dates, chosen in accordance with Article 5.01;
Disbursement procedure. The Bank shall disburse the Credit in up to 10 tranches. The amount of each tranche, if not being the undrawn balance of the Credit, shall be a minimum of EUR 5 million. A tranche requested by the Borrower in accordance with Article 1.03B is hereafter referred to as a »Tranche«.
Disbursement procedure. Tranches 1.02B Disbursement Request