A Drawdown Request. (a) may only specify a single Loan; (b) shall only be regarded as having been completed if: (i) the requested Drawdown Date is a Business Day before the end of the Availability Period; (ii) the proposed Interest Period complies with clause 7; (iii) the proposed Repayment Date is not later than the Termination Date; and (c) once it has been delivered, is irrevocable.
Appears in 2 contracts
Sources: Multi Currency Revolving Credit Facility Agreement (Titan America SA), Multi Currency Revolving Credit Facility Agreement (Titan America SA)
A Drawdown Request. (a) may only specify a single Loan;
(b) shall only be regarded as having been completed if:
(i) the requested Drawdown Date is a Business Day before the end expiry of the Availability Certain Funds Period;
(ii) the proposed Interest Period complies with clause 7;
(iii) the proposed Repayment Date is not later than the Termination Date; and
(cii) once it has been delivered, is irrevocable.
Appears in 1 contract
Sources: Intra Group Loan Agreement