{"component": "clause", "props": {"groups": [{"size": 4, "samples": [{"hash": "ds1hy5TRK74", "uri": "/contracts/ds1hy5TRK74#drawdown-procedures", "label": "Loan Agreement (Sumitomo Chemical Co., Ltd.)", "score": 31.0041065216, "published": true}, {"hash": "6B6CmtW5DpF", "uri": "/contracts/6B6CmtW5DpF#drawdown-procedures", "label": "Loan Agreement (Urovant Sciences Ltd.)", "score": 30.9931545258, "published": true}], "snippet_links": [{"key": "loan-no", "type": "definition", "offset": [27, 34]}, {"key": "calendar-quarter", "type": "definition", "offset": [57, 73]}, {"key": "the-lender", "type": "clause", "offset": [81, 91]}, {"key": "the-borrower-shall", "type": "clause", "offset": [110, 128]}, {"key": "notice-of", "type": "definition", "offset": [159, 168]}, {"key": "to-borrow", "type": "clause", "offset": [183, 192]}, {"key": "form-of", "type": "definition", "offset": [221, 228]}, {"key": "exhibit-a", "type": "clause", "offset": [229, 238]}, {"key": "drawdown-notice", "type": "definition", "offset": [243, 258]}, {"key": "standard-time", "type": "definition", "offset": [294, 307]}, {"key": "prior-to-the", "type": "clause", "offset": [336, 348]}, {"key": "day-of", "type": "clause", "offset": [355, 361]}, {"key": "the-principal-amount", "type": "definition", "offset": [491, 511]}, {"key": "section-23", "type": "clause", "offset": [658, 669]}, {"key": "location-and-number-of-the-borrower", "type": "clause", "offset": [682, 717]}, {"key": "provided-that", "type": "clause", "offset": [792, 805]}, {"key": "after-the-closing-date", "type": "clause", "offset": [832, 854]}, {"key": "to-the-borrower", "type": "definition", "offset": [914, 929]}, {"key": "notice-received", "type": "clause", "offset": [986, 1001]}, {"key": "received-on", "type": "clause", "offset": [1051, 1062]}, {"key": "next-business-day", "type": "definition", "offset": [1067, 1084]}, {"key": "upon-receipt-of", "type": "clause", "offset": [1086, 1101]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [1164, 1184]}, {"key": "immediately-available-funds", "type": "clause", "offset": [1222, 1249]}, {"key": "not-a-business-day", "type": "clause", "offset": [1338, 1356]}, {"key": "in-the-case", "type": "clause", "offset": [1414, 1425]}, {"key": "the-deposit-account", "type": "clause", "offset": [1561, 1580]}, {"key": "the-borrower-and-the", "type": "clause", "offset": [1669, 1689]}], "snippet": "The Borrower may request a Loan no more than once in any calendar quarter unless the Lender agrees otherwise. The Borrower shall give the Lender prior written notice of its intention to borrow a Loan substantially in the form of Exhibit A (a \u201cDrawdown Notice\u201d) not later than 12:00 p.m., Japan Standard Time, at least ten Business Days prior to the first day of the calendar quarter in which such Loan is to be made, specifying (a) the calendar quarter in which such Loan is to be made, (b) the principal amount of such Loan, which must be at least $1,000,000 and may not exceed the amount for which the Borrower may use the proceeds thereof as set forth in Section 2.3 and (c) the location and number of the Borrower\u2019s deposit account to which the proceeds of such Loan are to be disbursed (provided that within five Business Days after the Closing Date, the Lender shall make a Loan in the amount of $87,500,000 to the Borrower to be used as described in Section 2.3(A)). A Borrowing Notice received after 12:00 p.m., Japan Standard Time, is deemed received on the next Business Day. Upon receipt of the Borrower\u2019s Drawdown Notice, the Lender shall disburse the proceeds of the Loan requested in such Drawdown Notice in immediately available funds on the first day of the calendar quarter for such Loan was requested (or if such day is not a Business Day, then the next succeeding day that is a Business Day and in the case of the Loan to be made within five Business Days after the Closing Date, on such Business Day) by crediting or wiring such proceeds to the deposit account of the Borrower identified in the Drawdown Notice or as may be otherwise agreed upon by the Borrower and the Lender.", "hash": "a72ba743f70ee8f9bd487454a5969f0a", "id": 1}, {"size": 2, "samples": [{"hash": "k9YCNdkdwCU", "uri": "/contracts/k9YCNdkdwCU#drawdown-procedures", "label": "Limited Partnership Agreement (DMR Mortgage Opportunity Fund LP)", "score": 21.0, "published": true}, {"hash": "7yiUScQ9sWZ", "uri": "/contracts/7yiUScQ9sWZ#drawdown-procedures", "label": "Limited Partnership Agreement (DMR Mortgage Opportunity Fund LP)", "score": 21.0, "published": true}], "snippet_links": [{"key": "capital-contributions", "type": "definition", "offset": [36, 57]}, {"key": "capital-calls", "type": "definition", "offset": [132, 145]}, {"key": "from-time-to-time", "type": "clause", "offset": [156, 173]}, {"key": "subject-to", "type": "definition", "offset": [203, 213]}, {"key": "limited-partners", "type": "clause", "offset": [226, 242]}, {"key": "by-the-general-partner", "type": "clause", "offset": [300, 322]}, {"key": "pro-rata", "type": "definition", "offset": [323, 331]}, {"key": "in-accordance-with", "type": "definition", "offset": [332, 350]}, {"key": "available-capital-commitment", "type": "definition", "offset": [374, 402]}, {"key": "the-capital", "type": "clause", "offset": [428, 439]}, {"key": "capital-commitments", "type": "definition", "offset": [473, 492]}, {"key": "second-closing-date", "type": "clause", "offset": [503, 522]}, {"key": "additional-amounts", "type": "clause", "offset": [542, 560]}, {"key": "the-relevant", "type": "clause", "offset": [592, 604]}, {"key": "drawdown-date", "type": "definition", "offset": [605, 618]}, {"key": "business-days", "type": "clause", "offset": [886, 899]}, {"key": "delivery-of-the", "type": "clause", "offset": [914, 929]}, {"key": "immediately-available-funds", "type": "clause", "offset": [1020, 1047]}, {"key": "day-of", "type": "clause", "offset": [1073, 1079]}, {"key": "calendar-month", "type": "definition", "offset": [1082, 1096]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1102, 1119]}, {"key": "a-limited", "type": "clause", "offset": [1120, 1129]}, {"key": "at-the-time", "type": "definition", "offset": [1289, 1300]}, {"key": "the-current", "type": "clause", "offset": [1398, 1409]}, {"key": "net-asset-value", "type": "clause", "offset": [1410, 1425]}], "snippet": "(a) Each Limited Partner shall make Capital Contributions in such amounts and at such times as the General Partner shall specify in Capital Calls delivered from time to time to such Limited Partner.\n(b) Subject to one or more Limited Partners electing Capital Termination, Capital Calls will be made by the General Partner pro rata in accordance with each Limited Partner\u2019s Available Capital Commitment; provided, however, that the Capital Calls of Limited Partners making Capital Commitments as of the second Closing Date shall include such additional amounts so that, immediately following the relevant Drawdown Date, all Limited Partners shall have each made Capital Contributions pro rata in accordance with their respective Capital Commitments.\n(c) Each Capital Call shall specify the Drawdown Date on which the related Capital Contribution is due, which will be at least ten (10) Business Days following the delivery of the Capital Call. Normally, a Capital Call will require that Capital Contributions be made in immediately available funds as of the first Business Day of a calendar month.\n(d) In no event shall a Limited Partner be required to make a Capital Contribution in response to a Capital Call in an amount in excess of such Limited Partner\u2019s Available Capital Commitment at the time such Capital Call is received.\n(e) Each Capital Contribution made by a Partner shall be added to the current Net Asset Value of such Partner\u2019s Interest.", "hash": "bed2a2eabca9b18147ba7ee94fa717f2", "id": 6}, {"size": 4, "samples": [{"hash": "eMAbco1GtJQ", "uri": "/contracts/eMAbco1GtJQ#drawdown-procedures", "label": "Credit Agreement (Tucows Inc /Pa/)", "score": 28.0609169006, "published": true}, {"hash": "hKQeJbLS55y", "uri": "/contracts/hKQeJbLS55y#drawdown-procedures", "label": "Credit Agreement (Tucows Inc /Pa/)", "score": 25.6310749054, "published": true}], "snippet_links": [{"key": "agent-from", "type": "definition", "offset": [20, 30]}, {"key": "the-borrower", "type": "definition", "offset": [31, 43]}, {"key": "draw-request", "type": "definition", "offset": [49, 61]}, {"key": "conversion-notice", "type": "definition", "offset": [63, 80]}, {"key": "rollover-notice", "type": "clause", "offset": [84, 99]}, {"key": "in-respect-of", "type": "definition", "offset": [100, 113]}, {"key": "libor-loan", "type": "clause", "offset": [116, 126]}, {"key": "the-agent-will", "type": "clause", "offset": [128, 142]}, {"key": "libo-rate", "type": "clause", "offset": [179, 188]}, {"key": "to-be-determined", "type": "definition", "offset": [200, 216]}, {"key": "business-days", "type": "clause", "offset": [284, 297]}, {"key": "commencement-of-the", "type": "clause", "offset": [309, 328]}, {"key": "libor-period", "type": "clause", "offset": [329, 341]}], "snippet": "Upon receipt by the Agent from the Borrower of a Draw Request, Conversion Notice or Rollover Notice in respect of a LIBOR Loan, the Agent will promptly advise the Borrower of the LIBO Rate, such rate to be determined as at approximately 11:00 a.m. London, England time, two (2) LIBOR Business Days before the commencement of the LIBOR Period for such LIBOR Loan.", "hash": "a0c1f8ba743577671f250b7e26316ff0", "id": 2}, {"size": 3, "samples": [{"hash": "lASSCNjxkwk", "uri": "/contracts/lASSCNjxkwk#drawdown-procedures", "label": "Credit Agreement (GST Telecommunications Inc)", "score": 18.0, "published": true}, {"hash": "cM8CPUnyUJz", "uri": "/contracts/cM8CPUnyUJz#drawdown-procedures", "label": "Credit Agreement (GST Telecommunications Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "form-and-substance", "type": "clause", "offset": [50, 68]}, {"key": "to-lender", "type": "definition", "offset": [82, 91]}, {"key": "notice-of-borrowing", "type": "clause", "offset": [101, 120]}, {"key": "drawdown-certificate", "type": "definition", "offset": [129, 149]}, {"key": "time-periods", "type": "definition", "offset": [161, 173]}, {"key": "receipts-account", "type": "definition", "offset": [260, 276]}, {"key": "the-operating-account", "type": "clause", "offset": [281, 302]}, {"key": "a-bank", "type": "clause", "offset": [306, 312]}, {"key": "in-california", "type": "definition", "offset": [313, 326]}, {"key": "all-work", "type": "clause", "offset": [384, 392]}, {"key": "the-project", "type": "clause", "offset": [415, 426]}, {"key": "good-and-workmanlike-manner", "type": "clause", "offset": [453, 480]}, {"key": "in-accordance-with", "type": "definition", "offset": [485, 503]}, {"key": "construction-contracts", "type": "definition", "offset": [508, 530]}, {"key": "prudent-practices", "type": "definition", "offset": [535, 552]}, {"key": "not-limited", "type": "clause", "offset": [569, 580]}, {"key": "by-lender", "type": "clause", "offset": [598, 607]}, {"key": "copies-of-all", "type": "definition", "offset": [609, 622]}, {"key": "services-rendered", "type": "clause", "offset": [636, 653]}, {"key": "upon-borrower", "type": "definition", "offset": [746, 759]}, {"key": "with-respect-to", "type": "clause", "offset": [760, 775]}, {"key": "notice-of-any", "type": "clause", "offset": [808, 821]}, {"key": "claim-of-lien", "type": "definition", "offset": [828, 841]}, {"key": "payment-of", "type": "definition", "offset": [901, 911]}, {"key": "payable-to", "type": "definition", "offset": [930, 940]}, {"key": "the-persons", "type": "clause", "offset": [948, 959]}, {"key": "the-payment", "type": "clause", "offset": [1045, 1056]}, {"key": "construction-loan", "type": "definition", "offset": [1088, 1105]}, {"key": "permitted-liens", "type": "clause", "offset": [1118, 1133]}], "snippet": "Lender shall have received the following, each in form and substance satisfactory to Lender:\n(i) The Notice of Borrowing and the Drawdown Certificate within the time periods specified therein;\n(ii) Evidence that Borrower has established and is maintaining the Receipts Account and the Operating Account at a bank in California reasonably acceptable to Lender; and\n(iii) Evidence that all work that has been done on the Project shall have been done in a good and workmanlike manner and in accordance with the Construction Contracts and Prudent Practices, including, but not limited to, if requested by Lender, copies of all invoices for services rendered and materials delivered for the Project, and there shall not have been filed with or served upon Borrower with respect to the Project or any part thereof notice of any Lien, claim of Lien or attachment upon or claim affecting the right to receive payment of any of the moneys payable to any of the Persons named on such request which has not been released or which will not be released with the payment of such obligation out of such Construction Loan, other than Permitted Liens.", "hash": "44daf1889ec0c97a7a7e1c14d65e159e", "id": 3}, {"size": 2, "samples": [{"hash": "fJDbzaJBTPo", "uri": "/contracts/fJDbzaJBTPo#drawdown-procedures", "label": "Loan and Security Agreement (Great Lakes Dredge & Dock CORP)", "score": 26.7275829315, "published": true}, {"hash": "9FhktM9NP2J", "uri": "/contracts/9FhktM9NP2J#drawdown-procedures", "label": "Loan and Security Agreement (Great Lakes Dredge & Dock CORP)", "score": 26.1745376587, "published": true}], "snippet_links": [{"key": "the-borrowing", "type": "clause", "offset": [0, 13]}, {"key": "the-borrower", "type": "definition", "offset": [33, 45]}, {"key": "notice-to-the-administrative-agent", "type": "clause", "offset": [60, 94]}, {"key": "loan-notice", "type": "definition", "offset": [142, 153]}, {"key": "provided-that", "type": "clause", "offset": [155, 168]}, {"key": "telephonic-notice", "type": "clause", "offset": [173, 190]}, {"key": "delivery-to-the", "type": "clause", "offset": [224, 239]}, {"key": "received-by", "type": "definition", "offset": [309, 320]}, {"key": "business-day", "type": "clause", "offset": [379, 391]}, {"key": "proposed-closing-date", "type": "definition", "offset": [405, 426]}], "snippet": "The Borrowing shall be made upon the Borrower\u2019s irrevocable notice to the Administrative Agent, which may be given by: (A) telephone or (B) a Loan Notice; provided that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice must be received by the Administrative Agent not later than 11:00 a.m one (1) Business Day prior to the proposed Closing Date.", "hash": "8bd079a6544e69e7ec9b34fdb9160970", "id": 4}, {"size": 2, "samples": [{"hash": "hqEjCe5LlWW", "uri": "/contracts/hqEjCe5LlWW#drawdown-procedures", "label": "Loan and Security Agreement (Overseas Shipholding Group Inc)", "score": 30.8507862091, "published": true}, {"hash": "g5XcYKV0DeB", "uri": "/contracts/g5XcYKV0DeB#drawdown-procedures", "label": "Loan Agreement (Overseas Shipholding Group Inc)", "score": 30.8507862091, "published": true}], "snippet_links": [{"key": "to-advance", "type": "definition", "offset": [36, 46]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [51, 71]}, {"key": "drawdown-notice", "type": "definition", "offset": [117, 132]}, {"key": "appendix-a", "type": "clause", "offset": [179, 189]}, {"key": "by-the-lender", "type": "clause", "offset": [284, 297]}, {"key": "eastern-time", "type": "clause", "offset": [324, 336]}, {"key": "funding-date", "type": "definition", "offset": [381, 393]}, {"key": "obligation-to", "type": "clause", "offset": [408, 421]}, {"key": "loan-to-the-borrower", "type": "clause", "offset": [431, 451]}, {"key": "upon-the-occurrence-of-an-event-of-default", "type": "clause", "offset": [576, 618]}], "snippet": "The Borrower may request the Lender to advance the proceeds of the Loan by delivering to the Lender a duly completed Drawdown Notice, substantially in the form attached hereto as Appendix A (the \u201cDrawdown Notice\u201d), which notice, once given, shall be irrevocable and shall be received by the Lender not later than 11:00 a.m. Eastern time two (2) Business Days prior to the proposed funding date. The Lender\u2019s obligation to make the Loan to the Borrower as set forth herein shall expire on October 31, 2019; provided, however, that such commitment shall terminate automatically upon the occurrence of an Event of Default.", "hash": "0784464dbd213fa25a9151f7b68a5a4e", "id": 5}, {"size": 2, "samples": [{"hash": "c2hm8SDoMH9", "uri": "/contracts/c2hm8SDoMH9#drawdown-procedures", "label": "Syndicated Loan Agreement (Chipmos Technologies Inc)", "score": 28.2991104126, "published": true}], "snippet_links": [{"key": "drawdown-request", "type": "clause", "offset": [46, 62]}, {"key": "the-facility-agent-shall", "type": "clause", "offset": [64, 88]}, {"key": "notify-the", "type": "clause", "offset": [89, 99]}, {"key": "in-writing", "type": "definition", "offset": [119, 129]}, {"key": "days-prior", "type": "definition", "offset": [156, 166]}, {"key": "drawdown-date", "type": "definition", "offset": [175, 188]}, {"key": "facility-participation-amount", "type": "definition", "offset": [230, 259]}, {"key": "based-on", "type": "definition", "offset": [260, 268]}, {"key": "participation-percentage", "type": "clause", "offset": [286, 310]}, {"key": "disbursement-date", "type": "clause", "offset": [319, 336]}, {"key": "relevant-lenders", "type": "definition", "offset": [342, 358]}, {"key": "funds-in", "type": "definition", "offset": [386, 394]}, {"key": "form-of", "type": "definition", "offset": [399, 406]}, {"key": "available-fund", "type": "definition", "offset": [415, 429]}, {"key": "the-account", "type": "clause", "offset": [435, 446]}, {"key": "to-repay", "type": "clause", "offset": [568, 576]}, {"key": "outstanding-balance", "type": "clause", "offset": [581, 600]}, {"key": "bank-borrowings", "type": "clause", "offset": [609, 624]}, {"key": "tranche-a-facility-amount", "type": "definition", "offset": [638, 663]}, {"key": "the-borrower-shall", "type": "clause", "offset": [665, 683]}, {"key": "distribute-the", "type": "clause", "offset": [716, 730]}, {"key": "facility-amounts", "type": "definition", "offset": [731, 747]}, {"key": "the-bank-accounts", "type": "definition", "offset": [768, 785]}, {"key": "by-the-borrower", "type": "clause", "offset": [797, 812]}, {"key": "distribution-of", "type": "clause", "offset": [852, 867]}, {"key": "loan-disbursement", "type": "clause", "offset": [1011, 1028]}, {"key": "by-the-lenders", "type": "clause", "offset": [1029, 1043]}, {"key": "provide-the", "type": "clause", "offset": [1068, 1079]}, {"key": "the-borrowings", "type": "clause", "offset": [1104, 1118]}, {"key": "to-the-facility", "type": "definition", "offset": [1143, 1158]}, {"key": "terms-of-the", "type": "clause", "offset": [1228, 1240]}, {"key": "tranche-b-facility-amount", "type": "definition", "offset": [1241, 1266]}, {"key": "taiwan-dollar", "type": "definition", "offset": [1274, 1287]}, {"key": "balance-of-the", "type": "clause", "offset": [1318, 1332]}, {"key": "date-of", "type": "clause", "offset": [1397, 1404]}, {"key": "subsequent-drawdown", "type": "definition", "offset": [1409, 1428]}, {"key": "fund-disbursement", "type": "clause", "offset": [1873, 1890]}, {"key": "in-order-to", "type": "clause", "offset": [1966, 1977]}, {"key": "as-shown", "type": "definition", "offset": [2222, 2230]}, {"key": "record-of", "type": "clause", "offset": [2238, 2247]}, {"key": "disburse-funds", "type": "clause", "offset": [2294, 2308]}, {"key": "as-agreed", "type": "clause", "offset": [2309, 2318]}, {"key": "prior-to-the", "type": "clause", "offset": [2411, 2423]}, {"key": "after-receiving", "type": "clause", "offset": [2509, 2524]}, {"key": "notice-of", "type": "definition", "offset": [2579, 2588]}, {"key": "inability-to", "type": "clause", "offset": [2589, 2601]}, {"key": "a-lender", "type": "definition", "offset": [2622, 2630]}, {"key": "loan-proceeds", "type": "definition", "offset": [2807, 2820]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [2837, 2855]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [2882, 2911]}, {"key": "advances-to-the-borrower", "type": "clause", "offset": [2975, 2999]}, {"key": "on-behalf-of", "type": "definition", "offset": [3000, 3012]}, {"key": "obligations-under-the-agreement", "type": "clause", "offset": [3210, 3241]}, {"key": "other-lender", "type": "definition", "offset": [3320, 3332]}, {"key": "for-the-lender", "type": "definition", "offset": [3382, 3396]}, {"key": "breach-of-the-agreement", "type": "clause", "offset": [3399, 3422]}, {"key": "failure-to-disburse", "type": "clause", "offset": [3438, 3457]}, {"key": "expenses-incurred", "type": "definition", "offset": [3594, 3611]}, {"key": "the-fact", "type": "clause", "offset": [3619, 3627]}, {"key": "to-borrow", "type": "clause", "offset": [3650, 3659]}, {"key": "other-party", "type": "definition", "offset": [3706, 3717]}, {"key": "the-interest-rate", "type": "clause", "offset": [3740, 3757]}, {"key": "related-loan", "type": "definition", "offset": [3766, 3778]}, {"key": "supporting-documents", "type": "definition", "offset": [3816, 3836]}, {"key": "to-pay", "type": "clause", "offset": [3924, 3930]}, {"key": "commitment-fee", "type": "definition", "offset": [3935, 3949]}], "snippet": "(1) After the Facility Agent has accepted the Drawdown Request, the Facility Agent shall notify the respective Lenders in writing at least two (2) Business Days prior to each Drawdown Date and notify the respective Lenders of the Facility Participation Amount based on their respective Participation Percentage and the disbursement date. The relevant Lenders shall remit or deposit the funds in the form of readily available fund into the account designated by the Facility Agent no later than noon of the Drawdown Date (Taipei time). However, if the Borrower intends to repay the outstanding balance for the bank borrowings by using the Tranche A Facility Amount, the Borrower shall authorize the Facility Agent to distribute the facility amounts of the Lenders into the bank accounts designated by the Borrower\u2019s creditor banks. The Facility Agent\u2019s distribution of the Facility Amount into the bank accounts designated by the Borrower\u2019s creditor banks shall be regarded as that the Borrower has received the loan disbursement by the Lenders, and the Borrower shall provide the pay-off certificates of the borrowings from the creditor banks to the Facility Agent no later than one Business Day after the Drawdown Date.\n(2) In terms of the Tranche B Facility Amount in New Taiwan dollar, if the Outstanding Principal Balance of the previous New Taiwan dollar Drawdown will mature at the Drawdown Date of the subsequent Drawdown, the Borrower shall authorize the Facility Agent to use the subsequent Drawdown of the Tranche B Facility Amount to settle the Outstanding Principal Balance. That is, the Outstanding Principal Balance shall be settled at the Drawdown Date of the subsequent Drawdown, and that the Borrower has received the Drawdown disbursement for the subsequent Drawdown in the amount equivalent to the Outstanding Principal Balance without requiring another fund disbursement. The Lenders only need to disburse the amount that exceeded the difference in order to settle the matured Outstanding Principal Balance for the subsequent Drawdown, and the Borrower shall be considered as having received the amount of disbursed loan from the Lenders when such matured Outstanding Principal Balance has been repaid as shown in the record of the account.\n(3) Any Lender that is unable to disburse funds as agreed upon shall notify the Facility Agent in writing no later than 10:30 AM one (1) Business Day prior to the relevant Drawdown Date, and the Facility Agent shall notify the Borrower immediately after receiving such notice. Unless the Facility Agent has received a notice of inability to disburse funds from a Lender prior to the relevant Drawdown Date, the Facility Agent may assume that the said Lender will be able to disburse funds as agreed, and it may (but is not obligated to) disburse loan proceeds to the Borrower in a timely manner based on such assumption. Notwithstanding the foregoing, the Facility Agent is not obligated to disburse funds or make advances to the Borrower on behalf of any Lender before actually receiving the agreed funds from such Lender.\n(4) The failure of any Lender to disburse loan proceeds as agreed upon hereunder does not relieve said Lender from its other obligations under the Agreement, nor does it relieve the Borrower from its obligations hereunder. Neither any other Lender nor the Facility Agent shall be held responsible for the Lender\u2019s breach of the Agreement. If a Lender\u2019s failure to disburse funds as agreed upon is attributable to the fault of the Lender itself, the Lender shall indemnify the Borrower for additional cost and expenses incurred due to the fact that the Borrower has to borrow the funds undisbursed by said Lender from any other party at a rate higher than the interest rate for the related loan. However, the Borrower shall present supporting documents or proofs for the additional cost and expenses it claims. The Borrower is not required to pay any commitment fee on the undrawn facility amount due to any Lender\u2019s failure to disburse the funds as agreed upon hereunder.", "hash": "ef7337fd1d399bd0870cad155995f334", "id": 7}, {"size": 2, "samples": [{"hash": "kJs2prl2Ydx", "uri": "/contracts/kJs2prl2Ydx#drawdown-procedures", "label": "Mezzanine Loan Agreement (Ocallaghan Barry)", "score": 18.0, "published": true}], "snippet_links": [], "snippet": "23 6. INTEREST...............................................................25 7.", "hash": "73fa974cbc2892968242c53a0ebe22a2", "id": 8}, {"size": 2, "samples": [{"hash": "gQTwXSsR9kH", "uri": "/contracts/gQTwXSsR9kH#drawdown-procedures", "label": "Limited Partnership Agreement", "score": 25.2436695099, "published": true}], "snippet_links": [{"key": "capital-contributions-to-the-partnership", "type": "clause", "offset": [85, 125]}, {"key": "the-general-partner", "type": "definition", "offset": [163, 182]}, {"key": "from-time-to-time", "type": "clause", "offset": [238, 255]}, {"key": "funds-in", "type": "definition", "offset": [364, 372]}, {"key": "central-standard-time", "type": "clause", "offset": [400, 421]}, {"key": "the-applicable", "type": "clause", "offset": [448, 462]}, {"key": "sole-discretion", "type": "definition", "offset": [565, 580]}, {"key": "with-respect-to", "type": "clause", "offset": [631, 646]}, {"key": "establish-reserves", "type": "clause", "offset": [651, 669]}, {"key": "in-respect-of", "type": "definition", "offset": [670, 683]}, {"key": "fund-investments", "type": "clause", "offset": [685, 701]}, {"key": "partnership-expenses", "type": "clause", "offset": [705, 725]}, {"key": "equal-to", "type": "definition", "offset": [809, 817]}, {"key": "capital-commitment-percentage", "type": "definition", "offset": [831, 860]}, {"key": "drawdown-amount", "type": "definition", "offset": [869, 884]}, {"key": "in-the-same-manner", "type": "definition", "offset": [907, 925]}, {"key": "the-limited-partners", "type": "clause", "offset": [929, 949]}, {"key": "expected-date", "type": "definition", "offset": [1104, 1117]}, {"key": "required-capital-contribution", "type": "definition", "offset": [1170, 1199]}, {"key": "drawdown-date", "type": "definition", "offset": [1256, 1269]}, {"key": "business-days", "type": "clause", "offset": [1340, 1353]}, {"key": "delivery-of-the-drawdown-notice", "type": "clause", "offset": [1385, 1416]}, {"key": "in-connection-with", "type": "clause", "offset": [1454, 1472]}, {"key": "capital-call", "type": "definition", "offset": [1475, 1487]}, {"key": "the-\u2587", "type": "clause", "offset": [1493, 1498]}, {"key": "any-other-person", "type": "definition", "offset": [1510, 1526]}, {"key": "prior-to-the", "type": "clause", "offset": [1691, 1703]}, {"key": "the-account", "type": "clause", "offset": [1815, 1826]}, {"key": "the-product", "type": "definition", "offset": [2004, 2015]}, {"key": "payment-of", "type": "definition", "offset": [2219, 2229]}, {"key": "in-its-discretion", "type": "clause", "offset": [2344, 2361]}, {"key": "additional-drawdown", "type": "definition", "offset": [2515, 2534]}, {"key": "notice-to", "type": "definition", "offset": [2535, 2544]}, {"key": "the-original", "type": "clause", "offset": [2575, 2587]}, {"key": "incremental-amount", "type": "definition", "offset": [3125, 3143]}, {"key": "days-after", "type": "definition", "offset": [3169, 3179]}], "snippet": "\u200c\n(a) Each Limited Partner must, except as otherwise expressly provided herein, make Capital Contributions to the Partnership in such amounts and at such times as the General Partner specifies in each applicable Drawdown Notice delivered from time to time to such Limited Partner. All Capital Contributions must be paid to the Partnership in immediately available funds in U.S. dollars by 5:00 p.m. (Central Standard Time) on the date specified in the applicable Drawdown Notice. Capital Contributions may include amounts that the General Partner determines in its sole discretion are necessary or desirable to satisfy obligations with respect to, or establish reserves in respect of, Fund Investments or Partnership Expenses. The General Partner must make Capital Contributions to the Partnership in amounts equal to its Unfunded Capital Commitment Percentage of each Drawdown Amount at the same times and in the same manner as the Limited Partners who are required to make related Capital Contributions.\n(b) Each Drawdown Notice must specify:\n(i) the Drawdown Amount;\n(ii) the manner in which, and the expected date on which, such Drawdown is to be applied;\n(iii) the required Capital Contribution to be made by such Limited Partner;\n(iv) the date (the \u201cDrawdown Date\u201d) on which such Capital Contribution is due (which must be at least 3 Business Days from and including the date of delivery of the Drawdown Notice); provided, however, that other than in connection with a capital call from the \u2587\u2587\u2587\u2587 Fund or any other Person in which an Other \u2587\u2587\u2587\u2587 Investment has been made, any such Drawdown Notice in respect of Partnership Expenses will be sent to the Partners at least 10 Business Days prior to the date such Capital Contribution is due from and including the date of delivery of the Drawdown Notice; and\u200c\n(v) the account of the Partnership to which such Capital Contribution should be paid.\n(c) In connection with any such Drawdown, each Partner is required to make a Capital Contribution equal to the product of (x) such Partner\u2019s Unfunded Capital Commitment Percentage times (y) the Drawdown Amount specified in the applicable Drawdown Notice.\n(d) If in connection with the making of any Fund Investment or the payment of any Partnership Expense in respect of which a Drawdown Notice has been delivered, the General Partner determines, in its discretion, that it is necessary to increase the required Capital Contribution to be made by Partners in connection therewith, the General Partner will deliver an\u200c additional Drawdown Notice to each Limited Partner amending the original Drawdown Notice and specifying:\n(i) the amount of any increase in the Drawdown Amount;\n(ii) the amount of the increase in the required Capital Contribution to be made by such Limited Partner (which will not be in excess of such Limited Partner\u2019s Unfunded Capital Commitment);\n(iii) the Drawdown Date with respect to the amount of the increase in the required Capital Contribution if different from the Drawdown Date specified in the original Drawdown Notice; and\n(iv) the reason for such increase. The Drawdown Date with respect to such incremental amount will not be less than 10 days after the date of delivery of the additional Drawdown Notice with respect to such incremental amount.", "hash": "e0d3b296e8beb8858d1e2e1262a9b292", "id": 9}, {"size": 1, "samples": [{"hash": "9kTfLpXML2K", "uri": "/contracts/9kTfLpXML2K#drawdown-procedures", "label": "Loan Agreement (Myovant Sciences Ltd.)", "score": 32.0677604675, "published": true}], "snippet_links": [{"key": "a-loan", "type": "definition", "offset": [29, 35]}, {"key": "calendar-quarter", "type": "definition", "offset": [58, 74]}, {"key": "the-borrower-shall", "type": "clause", "offset": [76, 94]}, {"key": "the-lender", "type": "clause", "offset": [100, 110]}, {"key": "notice-of", "type": "definition", "offset": [125, 134]}, {"key": "to-borrow", "type": "clause", "offset": [149, 158]}, {"key": "form-of", "type": "definition", "offset": [187, 194]}, {"key": "exhibit-a", "type": "clause", "offset": [195, 204]}, {"key": "drawdown-notice", "type": "definition", "offset": [209, 224]}, {"key": "standard-time", "type": "definition", "offset": [260, 273]}, {"key": "prior-to-the", "type": "clause", "offset": [302, 314]}, {"key": "day-of", "type": "clause", "offset": [321, 327]}, {"key": "the-principal-amount", "type": "definition", "offset": [457, 477]}, {"key": "section-23", "type": "clause", "offset": [624, 635]}, {"key": "location-and-number-of-the-borrower", "type": "clause", "offset": [648, 683]}], "snippet": "The Borrower may not request a Loan more than once in any calendar quarter. The Borrower shall give the Lender prior written notice of its intention to borrow a Loan substantially in the form of Exhibit A (a \u201cDrawdown Notice\u201d) not later than 12:00 p.m., Japan Standard Time, at least ten Business Days prior to the first day of the calendar quarter in which such Loan is to be made, specifying (a) the calendar quarter in which such Loan is to be made, (b) the principal amount of such Loan, which must be at least $1,000,000 and may not exceed the amount for which the Borrower can use the proceeds thereof as set forth in Section 2.3 and (c) the location and number of the Borrower\u2019s", "hash": "0ffd075047d5e7a33ce64785f9fd3fd9", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhxkcmF3ZG93bi1wcm9jZWR1cmVzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["drawdown-notices", "Drawdown Notices"], ["regular-drawdowns", "Regular Drawdowns"], ["special-drawdowns", "Special Drawdowns"], ["generally", "Generally"], ["amount-of-required-capital-contributions-in-respect-of-expenses", "Amount of Required Capital Contributions in Respect of Expenses"]], "parents": [["expenses", "EXPENSES"], ["sources-of-funds-for-funding-by-the-partners-of-partnership-expenses", "Sources of Funds for Funding by the Partners of Partnership Expenses"], ["the-loan", "The Loan"], ["capital-commitments-and-capital-contributions", "Capital Commitments and Capital Contributions"], ["loan-facility", "Loan Facility"]], "size": 51, "title": "Drawdown Procedures", "id": "drawdown-procedures", "related": [["loan-procedures", "Loan Procedures", "Loan Procedures"], ["auction-procedures", "Auction Procedures", "Auction Procedures"], ["induction-procedures", "Induction Procedures", "Induction Procedures"], ["funding-procedures", "Funding Procedures", "Funding Procedures"], ["collection-procedures", "Collection Procedures", "Collection Procedures"]], "related_snippets": [], "updated": "2026-04-23T04:26:12+00:00"}, "json": true, "cursor": ""}}