Common use of Effect of a Drawdown Notice Clause in Contracts

Effect of a Drawdown Notice. A Drawdown Notice is effective when the Financier actually receives it in legible form. An effective Drawdown Notice is irrevocable.

Appears in 7 contracts

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

Effect of a Drawdown Notice. A Drawdown Notice is effective when the Financier Bank actually receives it in legible form. An effective Drawdown Notice is irrevocable.

Appears in 7 contracts

Sources: Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp)

Effect of a Drawdown Notice. A Drawdown Notice drawdown notice is effective when the Financier Lender actually receives it in legible form. An effective Drawdown Notice drawdown notice is irrevocable.

Appears in 1 contract

Sources: Facility Agreement (Hyster Overseas Capital Corp LLC)

Effect of a Drawdown Notice. A Drawdown Notice for an Advance Drawing is effective when the a Financier actually receives it in legible formform in accordance with clause 20 ("Notices"). An effective Drawdown Notice is irrevocable.

Appears in 1 contract

Sources: Working Capital Facility Agreement (Txu Corp /Tx/)