Common use of Conditions of Utilisation Clause in Contracts

Conditions of Utilisation. 4.1 Initial conditions precedent (a) No Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Schedule 2 (Conditions precedent) in form and substance reasonably satisfactory to the Facility Agent. (b) The Facility Agent shall notify the Borrower and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being satisfied.

Appears in 4 contracts

Sources: Syndicated Credit Agreement, Credit Agreement (France Telecom /), Credit Agreement (France Telecom /)

Conditions of Utilisation. 4.1 Initial conditions precedent (a) No The Borrower may not deliver a Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Part III of Schedule 2 1 (Conditions precedentprecedent to initial Utilisation Request) in form and substance reasonably satisfactory to the Facility Agent. (b) . The Facility Agent shall notify the Borrower Company and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being so satisfied.

Appears in 4 contracts

Sources: Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC)

Conditions of Utilisation. 4.1 Initial conditions precedent (a) precedent No Borrower may deliver a Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Schedule 2 Part 1 (Conditions precedentPrecedent) in form and substance reasonably satisfactory to the Facility Agent. (b) . The Facility Agent shall notify the Borrower Company and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being so satisfied.

Appears in 3 contracts

Sources: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)

Conditions of Utilisation. 4.1 Initial conditions precedent precedent No Borrower (anor the Company) No may deliver a Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions precedent) in form and substance reasonably satisfactory to the Facility Agent. (b) Agent acting reasonably. The Facility Agent shall notify the Borrower Company and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being so satisfied.

Appears in 2 contracts

Sources: Syndication and Amendment Agreement (Shire PLC), Facilities Agreement (Shire PLC)

Conditions of Utilisation. 4.1 Initial conditions precedent (a) No Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions precedentPrecedent) in form and substance reasonably satisfactory to the Facility Agent. (b) The Facility Agent shall notify the Borrower ABB and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being satisfied.

Appears in 2 contracts

Sources: Multicurrency Revolving Credit Agreement (Abb LTD), Amendment and Restatement Agreement (Abb LTD)

Conditions of Utilisation. 4.1 5.1 Initial conditions precedent (a) precedent No Borrower may deliver a Utilisation Request may be served unless the Facility Agent has received all of the documents and other evidence listed in Part 1 of Schedule 2 (Conditions precedent) in form and substance reasonably satisfactory to the Facility Agent. Agent or such condition has been waived by the Facility Agent (b) acting on the instructions of the Majority Lenders). The Facility Agent shall notify the Borrower Borrowers' Agent and the Lenders promptly upon the conditions set out in paragraph (a) of this Clause 4.1 being so satisfied.

Appears in 1 contract

Sources: Credit Agreement (Reh Mergersub Inc)