Common use of Giving of Requests Clause in Contracts

Giving of Requests. (a) A Borrower may borrow a Loan by giving to the Facility Agent a duly completed Request. (b) Unless the Facility Agent otherwise agrees, the latest time for receipt by the Facility Agent of a duly completed Request is 9.30 a.m. (i) one Business Day (for a Loan denominated in Sterling) and (ii) three Business Days (for a Loan denominated in any other currency), in each case, before the Utilisation Date for the proposed borrowing. (c) Each Request is irrevocable.

Appears in 3 contracts

Sources: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)

Giving of Requests. (a) A Borrower may borrow a Loan by giving to the Facility Agent a duly completed Request. (b) Unless the Facility Agent otherwise agrees, the latest time for receipt by the Facility Agent of a duly completed Request is 9.30 11.00 a.m. (i) one Business Day before the Rate Fixing Day for the proposed borrowing (for in the case of a Loan denominated in Sterlingeuro) and (ii) three or four Business Days before the proposed Utilisation Date (for in the case of a Loan denominated in any other currency), in each case, before the Utilisation Date for the proposed borrowing. (c) Each Request is irrevocable.

Appears in 1 contract

Sources: Credit Facility (Vivendi Universal)

Giving of Requests. (a) A Borrower The Company may borrow a Loan by giving to the Facility Agent a duly completed Request. (b) Unless the Facility Agent otherwise agrees, the latest time for receipt by the Facility Agent of a duly completed Request is 9.30 a.m. 11.00 a.m. (i) one three Business Day (for Days in respect of a Loan denominated in Sterling) and , (ii) three one Business Days (for Day in respect of a Loan denominated in any other currency)currency (other than euro) and (iii) one TARGET day in respect of a Loan denominated in euro, in each case, case before the Utilisation Date Rate Fixing Day for the proposed borrowing. (c) Each Request is irrevocable.

Appears in 1 contract

Sources: Credit Facility Agreement (International Paper Co /New/)