Form of Drawdown Notice Sample Clauses
The 'Form of Drawdown Notice' clause defines the required format and content for a borrower's request to access funds under a loan agreement. It typically specifies the information that must be included in the notice, such as the amount to be drawn, the proposed drawdown date, and any necessary confirmations or representations. By standardizing the process for requesting disbursements, this clause ensures clarity and consistency, reducing the risk of misunderstandings or administrative errors between the parties.
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Form of Drawdown Notice. (referred to in Clause 2.2)
Form of Drawdown Notice. 56 SCHEDULE 5...............................................................57
Form of Drawdown Notice. 20 ii. REDRAW FACILITY AGREEMENT MADE AT SYDNEY ON 12 AUGUST 2003 PARTIES MACQUARIE BANK LIMITED ABN 46 ▇▇▇ ▇▇▇ ▇▇▇ a company incorporated in Australia and registered in the Australian Capital Territory and having an office at Level ▇▇, ▇ ▇▇▇▇▇▇ ▇▇▇▇▇, Sydney, New South Wales ("REDRAW FACILITY PROVIDER") PERPETUAL TRUSTEES AUSTRALIA LIMITED ABN 86 ▇▇▇ ▇▇▇ ▇▇▇ a company incorporated in Australia and registered in New South Wales and having an office at Level ▇, ▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ("BORROWER") MACQUARIE SECURITISATION LIMITED ABN 16 003 297 336 a company incorporated in Australia and registered in New South Wales and having an office at Level ▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ("MANAGER")
Form of Drawdown Notice. To: [●] [●] Attention: [●] Fax No: [●] Email: [●] From: ▇▇▇▇▇ L.L.C. [Date] Dear Sirs, We refer to the Loan Agreement dated [●] 2014 made between, amongst others, ourselves and yourselves (the Agreement). Words and phrases defined in the Agreement have the same meaning when used in this Drawdown Notice. Pursuant to clause 4.1 of the Agreement, we irrevocably request that you make the [first/second/final] Advance in the sum of [•], being: [●] in respect of the KEXIM Facility Advance; [●] in respect of the KEXIM Guarantee Facility Advance; [●] in respect of the K-Sure Facility Advance; [●] in respect of the GIEK Facility Advance; [●] in respect of the Commercial Facility Advance, to us on [●], which is a Banking Day, by paying the amount of the [first/second/final] Advance to the Earnings Account. We warrant that the representations and warranties contained in clause 11 (except for clauses 11.2, 11.6 and 11.18) of the Agreement are true and correct at the date of this Drawdown Notice and will be true and correct on [●], that no Default has occurred and is continuing, and that no Default will result from the advance of the sum requested in this Drawdown Notice. To: [●] [●] Attention: [●] Fax No: [●] Email: [●] This transfer certificate relates to a secured loan facility agreement (as from time to time amended, varied, supplemented or novated the Loan Agreement) dated [●] 2014, on the terms and subject to the conditions of which a secured term loan facility was made available to ▇▇▇▇▇ L.L.C., by a syndicate of banks on whose behalf you act as facility agent and facility security trustee.
Form of Drawdown Notice. To: Sumitomo Mitsui Banking Corporation Europe Limited (as Agent) Attention: [] Dated: [] [] Project: £[] facility agreement dated [] (the “Agreement”) We wish to draw down an Advance of £[] under the [Equity Bridge Facility/Term Facility/Change in Law Facility]. The Drawdown Date is []. The [first] Interest Period will be [] [months]. The funds should be credited to the [Proceeds Account]. We represent and warrant that all conditions precedent to the Advance being made available to us in clauses 4.4 and [4.5] [4.6] [4.7] [NB - Refer to additional conditions precedent for relevant facility] of the Facility Agreement have been satisfied (or waived) and will remain satisfied (or waived) on the proposed Drawdown Date. We attach the Costs Certificate in relation to this Drawdown Notice dated [] and certified by the Technical Adviser. Words defined in the Agreement have the same meaning in this notice. Yours faithfully, for [Borrower] ………………………………………. Authorised signatory Form of Transfer Deed THIS TRANSFER DEED is dated [ ] and made BETWEEN:
Form of Drawdown Notice. 132 3 Part A - documents and evidence required as conditions precedent to first Advance.................................................. 134 Part B - Documents and evidence required as conditions precedent to Philips Advance................................................
Form of Drawdown Notice. Form of Insurance Letter
Form of Drawdown Notice. To: Commerzbank AG (as Payment Agent) [●] 2007 Dear Sirs We refer to the Loan Agreement. Words and expressions whose meanings are defined therein shall have the same meanings when used herein. We hereby give you notice that we wish to draw the sum of USD [ ] on [date] 2007 for payment to [ ] and select a first Interest Period in respect of such drawing of [●] months. The funds should be credited to [ ] with [ ]. We confirm that:
Form of Drawdown Notice. TO: The Bank of Nova Scotia, as Administrative Agent WBO – Loan Administration and Agency Services 3rd ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇: Senior Manager Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ WITH A COPY TO: Corporate Banking – Loan Syndications 40 K▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇: Managing Director Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ RE: Credit Agreement made as of May 17, 2011 (the “Credit Agreement”) between, inter alia, Allied Nevada Gold Corp. as borrower, the Lenders named therein and The Bank of Nova Scotia, as administrative agent of the Lenders Pursuant to the terms of the Credit Agreement, the undersigned hereby irrevocably notifies you that it wishes to draw down under the Credit Facility on [date of drawdown] as follows: Availment Option: Currency & Amount: If LIBOR Loan, Interest Period: If Letter, (a copy being attached hereto): Type of Letter (financial or performance): Date of Issuance: Named Beneficiary: Maturity Date: Currency & Amount: Other Terms: [You are hereby irrevocably authorized and directed to pay the proceeds of the drawdown to and this shall be your good and sufficient authority for so doing.] No Default has occurred and is continuing or would arise immediately after giving effect to or as a result of the extension of credit requested hereby. All capitalized terms defined in the Credit Agreement and used herein shall have the meanings ascribed thereto in the Credit Agreement. DATED the day of , 20 . By: Name: Title: TO: The Bank of Nova Scotia, as Agent WBO – Loan Administration and Agency Services 3rd ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇: Senior Manager Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ WITH A COPY TO: Corporate Banking – Loan Syndications 40 K▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇: Managing Director Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ RE: Credit Agreement made as of May 17, 2011 (the “Credit Agreement”) between, inter alia, Allied Nevada Gold Corp. as borrower, the Lenders named therein and The Bank of Nova Scotia, as administrative agent of the Lenders Pursuant to the terms of the Credit Agreement, the undersigned hereby irrevocably requests a rollover of outstanding credit under the Credit Facility on [date of rollover] as follows: Maturity Date of Maturing LIBOR Loan Principal Amount of Maturing LIBOR Loan $ Portion Thereof to be Replaced $ Interest Period of New LIBOR Loan months No Default has occurred and is continuing or would arise immediately after giving effect to or as a result o...
Form of Drawdown Notice. The Drawdown Notice must be duly completed in the form of Schedule 5 or such other form as the Financier may otherwise approve in writing and must confirm (including calculations) that the amount of the Drawdown is equal to or less than the Borrowing Base.