Drawdown Amount Sample Clauses
Drawdown Amount. MIGA will indicate, to the best of its knowledge, in each withdrawal notice to a Participant the precise amount of that Participant’s Drawdown. If this amount changes before a Participant deposits its Drawdown in the Facility Account, MIGA will promptly notify that Participant of the change and the revised amount of the Drawdown to be deposited.
Drawdown Amount. The Drawdown Amount for a Property (being the amount of the Underwritten Amount which the Underwriter is required to subscribe for OIL Shares or Redeemable Preference Shares with respect to that Property under this Binding Heads of Agreement, and which shall be the Underwriter's Underwritten Amount reduced by 50% of the aggregate amount received from third party investors under the Offer as at the time any OIL Shares are issued) is to be notified by Oyster to the Underwriter no less than 3 business days prior to anticipated drawdown.