Common use of Subsequent Drawdowns Clause in Contracts

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.