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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Completion of a Utilisation Request

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Completion of a Utilisation Request

(a)                                  Each Utilisation Request is irrevocable and will not be regarded as having been duly completed unless:

(i)                                     it identifies the Facility to be utilised;
(ii)                                  the proposed Utilisation Date is a Business Day within the Availability Period applicable to that Facility;
(iii)                               the currency and amount of the Utilisation comply with Clause 5.3 (Currency and amount); and
(iv)                              the proposed Interest Period complies with Clause 10 (Interest Periods).

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(b)                                 Only one Loan may be requested in each Utilisation Request.

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