Disbursement procedure Примери клазула

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”). (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)Borrower’s 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; (ii) the Disbursement Date; (iii) the Principal Repayment Period and Principal Repayment Date(s), including the Maturity Date; (iv) the Fixed Interest Rate or the Spread to the Reference Rate; (v) the Interest Period and the Interest Payment Dates; (vi) the Day Count Convention and the Business Days; and (vii)the Borrower’s and the CEB’s accounts for payments. A Disbursement Notice matching the elements included in a Disbursement Request shall constitute an irrevocable and unconditional commitment on the part of the Borrower to borrow from the CEB and on the part of the CEB to disburse to the Borrower the Tranche under the terms and conditions specified in the Disbursement Notice. Notwithstanding the above, if the CEB has not de...

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. 1.2.A Tranches (a) The Bank shall disburse the Credit in up to 10 (ten) Tranches. The amount of each Tranche shall be in a minimum amount of EUR 2,000,000.00 (two million euros) or (if less) the entire undrawn balance of the Credit. (b) The first disbursement shall not exceed EUR 2,200,000.00 (two million two hundred thousand euros), unless a higher amount has already been allocated to eligible schemes pursuant to the Technical Description. Upon request by the Borrower and subject to Article 1.4.A, provided that no event mentioned in Article 1.5 or Article 1.6.B has occurred and is continuing, the Bank shall send to the Borrower within 5 (five) Business Days after the receipt of such request a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Bank of such ▇▇▇▇▇▇▇▇’▇ request is 15 (fifteen) Business Days before the Final Availability Date. The Disbursement Offer shall specify: (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. 1.2.A Tranches 1.2.B Disbursement Offer

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; (d) the Payment Dates and the first interest Payment Date for the Tranche; (e) the terms for repayment of principal for the Tranche, in accordance with the provisions of Article 4.1; (f) the Repayment Dates and the first and the last Repayment Date for the Tranche; (g) the Interest Revision/Conversion Date, if requested by the Borrower, for the Tranche;

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;