Draw. DOWN 1. The loan under this contract is revolving; the balance of this contract shall not more than the line of credit. 2. The Borrower shall send a draw-down application as the form herein attached in this contract 7 days before the date of draw-down. 3. The Borrower shall not draw the loan less than 1 million.
Appears in 5 contracts
Sources: Loan Agreement (S.E. Asia Trading Company, Inc.), Loan Agreement (S.E. Asia Trading Company, Inc.), Loan Agreement (S.E. Asia Trading Company, Inc.)
Draw. DOWN
1. The loan under this contract is revolving; , the balance of this contract shall not more than the line of credit.
2. The Borrower shall send a draw-down application as the form herein attached in this contract 7 days before the date of draw-down.
3. The Borrower shall not draw the loan less than 1 million.
Appears in 1 contract
Sources: Loan Agreement (Utstarcom Inc)