Quote
Utilisation Request
Dated: 24 November 2024
Dear Sir/Madam,
AGREEMENT_NAME Facility Agreement dated ORIGINAL_AGREEMENT_DATE (the Agreement)
1. We refer to the Agreement above. This is a Utilisation Request. Terms defined in the Agreement have the same meaning in this Utilisation Request unless given a different meaning in this Utilisation Request.
2. We wish to arrange for a Letter of Credit to be issued by the Issuing Bank on the following conditions:
Proposed Utilisation Date: UTILIZATION_DATE (or, if that is not a Business Day, the next Business Day)
Facility to be utilised: BANK_NAME of BANK_ADDRESS
Amount: CURRENCYAMOUNT
Term of this Utilization: TERM
Specified Terms and Conditions in the Letter of Credit: TERMS
3. We confirm that the conditions in the Agreement will be satisfied on the date of this Utilisation Request.
4. We attach a copy of the proposed Letter of Credit.
5. This Utilisation Request is irrevocable.
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