Common use of Conditions to first drawdown Clause in Contracts

Conditions to first drawdown. The Borrower agrees not to request the first drawdown, and a Financier is not obliged to provide the first drawdown, unless: (a) all the conditions precedent listed in clause 3 ("Conditions precedent") of the Common Terms Deed Poll have been either satisfied or waived in accordance with that agreement; and (b) a completed Facility Nomination Letter nominating this agreement as a Facility Agreement has been received by the Financier.

Appears in 2 contracts

Sources: 364 Day Facility Agreement (Hardie James Industries Nv), Term Facility Agreement (Hardie James Industries Nv)

Conditions to first drawdown. The Each Borrower agrees not to request the first drawdown, and a Financier is not obliged to provide the first drawdown, unless: (a) all the conditions precedent listed in clause 3 ("Conditions precedent") of the Common Terms Deed Poll have been either satisfied or waived in accordance with that agreement; and (b) a completed Facility Nomination Letter nominating this agreement as a Facility Agreement has been received by the Financier.

Appears in 2 contracts

Sources: Bullet Facility Agreement (Hardie James Industries Nv), Bullet Facility Agreement (Hardie James Industries Nv)

Conditions to first drawdown. The Borrower agrees not to request the first drawdown, and a Financier is not obliged to provide the first drawdown, unless: (a) all the conditions precedent listed in clause 3 ("Conditions precedent") of the Common Terms Deed Poll have been either satisfied or waived in accordance with that agreement; and (b) a completed Facility Nomination Letter nominating this agreement as a Facility Agreement has been received by the Financier.. Ó Mallesons ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 10065177_4 ▇▇▇▇▇ ▇▇▇▇▇▇ — Term Facility Agreement

Appears in 1 contract

Sources: Term Facility Agreement (James Hardie Industries Se)

Conditions to first drawdown. The Borrower agrees not to request the first drawdown, and a Financier is not obliged to provide the first drawdown, unless: (a) all the conditions precedent listed in clause 3 ("Conditions precedent") of the Common Terms Deed Poll have been either satisfied or waived in accordance with that agreement; and (b) a completed Facility Nomination Letter nominating this agreement as a Facility Agreement has been received by the Financier.

Appears in 1 contract

Sources: 364 Day Facility Agreement (James Hardie Industries N.V.)

Conditions to first drawdown. [The / Each] Borrower agrees not to request the first drawdown, and a Financier is not obliged to provide the first drawdown, unless: (a) all the conditions precedent listed in clause 3 ("Conditions precedent") of the Common Terms Deed Poll have been either satisfied or waived in accordance with that agreement; and (b) a completed Facility Nomination Letter nominating this agreement as a Facility Agreement has been received by the Financier.

Appears in 1 contract

Sources: Bullet Facility Agreement (James Hardie Industries Se)