Common use of Drawdown under the Facility Clause in Contracts

Drawdown under the Facility. 5.1.1 Subject to the other terms of this Agreement, any Loans shall be made to the Borrowers at any time during the Availability Period when requested by the Borrowers by means of a Drawdown Notice in accordance with Clause 5.2 (Drawdown Notice). 5.1.2 The following limitations apply to the Loans: (a) the Drawdown Date of a Loan shall be a Business Day during the Availability Period in one drawing for each currency; (b) the principal amount of a Loan denominated in USD or an Optional Currency shall be: (i) a minimum Original Base Currency Amount of USD 1,000,000 and an integral multiple of USD 500,000; and (ii) in no case more than the amount of the Total Commitments; (c) no Loan shall be made if the making of that Loan would result in the aggregate of the Original Base Currency Amount of all Loans exceeding the Total Commitment and for the purpose of this calculation any remaining commitment under the Lone Star Equity Commitment shall reduce the amount of Total Commitment with its USD-Equivalent; (d) no Loan shall be made as long as prepayments are mandatory according to Clause 7.2; (e) no more than twenty (20) Loans may be outstanding at any one time; and (f) in the case of a Loan denominated in an Optional Currency, the requirements of Clause 5.6 (No Optional Currency) are met.

Drawdown under the Facility. 5.1.1 Subject to the other terms of this Agreement, any Loans shall be made to the Borrowers at any time during the Availability Period when requested by the Borrowers by means of a Drawdown Notice in accordance with Clause 5.2 (Drawdown Notice). 5.1.2 The following limitations apply to the Loans: (a) a. the Drawdown Date of a Loan shall be a Business Day during the Availability Period in one drawing for each currency; (b) b. the principal amount of a Loan denominated in USD or an Optional Currency shall be: (i) i. a minimum Original Base Currency Amount of USD 1,000,000 and an integral multiple of USD 500,000; and (ii) . in no case more than the amount of the Total Commitments; (c) c. no Loan shall be made if the making of that Loan would result in the aggregate of the Original Base Currency Amount of all Loans exceeding the Total Commitment and for the purpose of this calculation any remaining commitment under the Lone Star Equity Commitment shall reduce the amount of Total Commitment with its USD-Equivalent; (d) d. no Loan shall be made as long as prepayments are mandatory according to Clause 7.2; (e) e. no more than twenty (20) Loans may be outstanding at any one time; and (f) f. in the case of a Loan denominated in an Optional Currency, the requirements of Clause 5.6 (No Optional Currency) are met.