Common use of Request for payments Clause in Contracts

Request for payments. A Payment will be made by the Banks to the Company in respect of a ▇▇▇▇ of Exchange if: (a) four Business Days before the proposed date for the making of such Payment, the Agent has received from the Company a Request for Payment; (b) the proposed date for the making of such Payment is a Business Day which falls on or before the day which is 60 days prior to the Final Maturity Date; (c) the proposed date for the making of such Payment is not less than five Business Days after the date upon which the previous Payment (if any) was made hereunder; (d) the proposed amount of such Payment is less than or equal to the amount of the Total Commitments less the Outstanding Payments; (i) the Event of Default described in Section 8.01 (a) shall not have occurred and be continuing; and (ii) no other Event of Default or Potential Event of Default has occurred on and as of the proposed date for the making of such Payment and is attributable to the Thai Offtaker accepting the ▇▇▇▇ of Exchange to which such Payment relates or a Satisfactory Thai Guarantor guaranteeing payment of such ▇▇▇▇ of Exchange; and (f) four Business Days before the proposed Payment Date, the Agent has received all of the documents referred to in Part 2 Appendix 1 and each is, in form and substance, satisfactory to the Agent and all other conditions referred to therein have been met, to the satisfaction of the Agent. The Company may furnish such documents to the Agent in facsimile form provided that the originals shall have been furnished no later than two Business Days before the proposed Payment Date.

Request for payments. A Payment will be made by the Banks to the Company in respect of a ▇▇▇▇ of Exchange if: (a) four Business Days before the proposed date for the making of such Payment, the Agent has received from the Company a Request for Payment; (b) the proposed date for the making of such Payment is a Business Day which falls on or before the day which is 60 days prior to the Final Maturity Date; (c) the proposed date for the making of such Payment is not less than five Business Days after the date upon which the previous Payment (if any) was made hereunder; (d) the proposed amount of such Payment is an amount which is less than or equal to the amount of the Total Commitments less the Outstanding Payments; (i) the Event of Default described in Section 8.01 6.01 (a) shall not have occurred and be continuing; and (ii) no other Event of Default or Potential Event of Default has occurred on and as of the proposed date for the making of such Payment and is attributable to the Thai Offtaker accepting the ▇▇▇▇ of Exchange to which such Payment relates or a Satisfactory Thai the Guarantor guaranteeing payment of such ▇▇▇▇ of Exchange; and (f) four Business Days before the proposed Payment Date, Date the Agent has received all of the documents referred to in Part 2 of Appendix 1 and each is, is in form and substance, substance satisfactory to the Agent and all other otber conditions referred to therein have been met, to the satisfaction of the Agent. The Company may furnish such documents to the Agent in facsimile form form, provided that the originals shall have been furnished no later than two Business Days before the proposed Payment Date.