Common use of CURRENCY AND TIMING OF DRAWDOWNS Clause in Contracts

CURRENCY AND TIMING OF DRAWDOWNS. The Financier agrees to make each drawdown available to the account specified in the relevant Drawdown Notice in immediately available US$ funds by 2:00pm (local time in Amsterdam) on the relevant Drawdown Date.

Appears in 2 contracts

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