Common use of AVAILABLE AMOUNTS Clause in Contracts

AVAILABLE AMOUNTS. 3.1. The Available Amounts as at the Effective Date are set out in Schedule 4. 3.2. The Manager shall be responsible for drawing down the Available Amounts in accordance with the terms of the Funders' Requirements and the Governing Documents. 3.3. The Manager is required to use its reasonable endeavours to invest on behalf of the Partnership the Available Amounts, in accordance with the profile set out in the Business Plan and with a view to achieving the Output Measures specified in the IOGs. Any reduction in the amount of the Available Amounts shall be applied in reducing the Available Amounts and Output Measures in such proportions as shall be specified by the Holding Fund. 3.4. The Available Amounts may be increased or reduced from time to time in accordance with the provisions set out in Schedule 6.

Appears in 2 contracts

Sources: Fund Management Agreement, Fund Management Agreement

AVAILABLE AMOUNTS. 3.1. The Available Amounts as at the Effective Date are set out in Schedule 4. 3.2. The Manager shall be responsible for drawing down the Available Amounts in accordance with the terms of the Funders' Requirements and the Governing Documents. 3.3. The Manager is required to use its reasonable endeavours to invest on behalf of the Partnership the Available Amounts, in accordance with the profile set out in the Business Plan and with a view to achieving the Output Measures specified in the IOGs. Any reduction in the amount of the Available Amounts shall be applied in reducing the Available Amounts and Output Measures in such proportions as shall be specified by the Holding FundLead Investor. 3.4. The Available Amounts may be increased or reduced from time to time in accordance with the provisions set out in Schedule 6.

Appears in 1 contract

Sources: Fund Management Agreement