Subsequent Drawdowns Sample Clauses

Subsequent Drawdowns. The obligation of the Lender to make available its Advance in respect of a Drawdown after the first Drawdown is subject to the fulfillment, as determined solely by the Lender and its counsel, of the following conditions precedent three (3) Banking Days (or such shorter period as the Lender may otherwise agree) prior to the date of such Drawdown (except as otherwise indicated below) and the continued fulfillment of such conditions on the date of such Drawdown: (a) The conditions precedent set forth in Section 9.01 shall have been fulfilled and all documents and instruments delivered to the Lender pursuant thereto shall continue to be in full force and effect; and (b) The Lender shall have received (i) the notice of Drawdown as specified in Section 2.02 and (ii) such other documents as the Lender may reasonably request.

Subsequent Drawdowns. After the drawdown of the first Advance, the obligation of the Lender to make any Advance under any of the Facility Agreements is subject only to: 36.2.1 the Lender having received the requisite Drawing Notice in accordance with the provisions of the relevant Facility Agreement; 36.2.2 the Borrower having complied with any additional conditions to draw down which are mentioned in the Facility Agreement concerned; and 36.2.3 the absence of any continuing and unremedied Potential Event of Default or continuing and unremedied Event of Default.

Subsequent Drawdowns. If a Lender under either Tranche becomes a Non-Participating Lender, subsequent Drawdowns under such Tranche will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender’s Individual Commitment Amount under the applicable Tranche, until the Principal Amounts owed to the Lenders under such Tranche are again in proportion to their respective Rateable Portions under such Tranche prior to the Hostile Acquisition.

Subsequent Drawdowns. During the Funding Qualification Period (as defined below), the Corporation may, from time to time, subject to a majority vote by the Board of Directors of the Corporation, require the Purchasers to purchase from the Corporation, subject to the satisfaction (or waiver) of the conditions set forth in Section 2 below, shares of Class A Common Stock and/or Class B Common Stock (allocated as set forth in this Section 1.4) in one or more drawdowns (each, a “Subsequent Drawdown”); provided, however, that in no event shall either Purchaser purchase shares of Common Stock at Drawdown Closings (as defined below), if any, for an aggregate purchase price in excess of the amount by which such Purchaser’s Maximum Dollar Investment exceeds such Purchaser’s Initial Closing Amount (such excess, such Purchaser’s “Committed Amount”). Each Purchaser’s Committed Amount is also set forth on the signature page of such Purchaser to this agreement. For purposes of this Agreement, the “Funding Qualification Period” shall mean the period beginning on the Initial Closing Date and ending on the earliest to occur of (i) the twelve (12)-month anniversary of the Initial Closing Date; provided, however, that such period shall be extended for an additional twelve (12)-month period to permit Subsequent Drawdowns solely in order to fund acquisitions by the Corporation or its Subsidiaries (as defined below) for which the Corporation or any such Subsidiary has entered into a definitive agreement or non-binding letter of intent or similar agreement during the initial twelve (12)-month period, and (ii) the date upon which the Subsequent Drawdowns pursuant to this Agreement have generated an aggregate amount of gross proceeds to the Corporation equal to the aggregate of the Purchasers’ Committed Amounts. For the avoidance of doubt, no Purchaser shall have any obligation to purchase any Common Stock hereunder after the Funding Qualification Period has expired, irrespective of whether such Purchaser has funded its Maximum Dollar Investment hereunder.

Subsequent Drawdowns. Call Notices. ..

Subsequent Drawdowns. If a Lender is a Non-Participating Lender, subsequent Drawdowns under the Credit Facilities will be funded first by the Non-Participating Lenders rateably based on each Non-Participating Lender’s Individual Revolving Loan Commitment Amount or Individual Term Loan Commitment Amount, as applicable, until the Principal Amounts of all Lenders are again in proportion to their respective Rateable Portions.

Subsequent Drawdowns. On or before each Drawdown, Conversion or Rollover hereunder subsequent to the first Drawdown, the following conditions shall be satisfied by the Borrower: (a) the Administrative Agent shall have received a proper and timely Drawdown Notice, completed and duly executed by the Borrower; (b) the representations and warranties set forth in Section 8.1 of this Credit Agreement shall be true and accurate in all material respects on and as of the date of the requested Drawdown, Conversion or Rollover; and (c) no event shall have occurred which would constitute a Default or an Event of Default, and the Drawdown shall not result in the occurrence of any such Default or Event of Default.

Subsequent Drawdowns. Once Utilisations amounting in aggregate US$ 100,000,000 of the Bridge Facility have been made, in order to make Drawdowns of a further amount of up to US$ 100,000,000 of the Bridge Facility, the Borrower shall deliver to the Facility Agent one or more duly completed Drawdown Requests not later than eleven a.m. (11:00) of the third Business Day prior to the date on which the relevant Drawdown must be made effective, and subject to completion with the conditions precedent set out under Clauses 4.1(b), 4.2 and 4.3 above.

Subsequent Drawdowns. Each Partner also shall make additional contributions to the capital of the Partnership (“Subsequent Drawdowns”) in accordance with the remainder of this 6.2.