Common use of Drawdown Notice irrevocable Clause in Contracts

Drawdown Notice irrevocable. A Drawdown Notice must be signed by an officer of the Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

Appears in 13 contracts

Sources: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.), Loan Agreement (Golar LNG LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by an officer a director or other authorised person of the a Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

Appears in 4 contracts

Sources: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by an officer a director or other authorised person of the Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

Appears in 1 contract

Sources: Loan Agreement (StealthGas Inc.)