{"component": "clause", "props": {"groups": [{"snippet": "Subject to the terms and conditions of this Agreement, the Company may draw down the Aggregate Loan Facility in one or more installments as determined by the Company as follows:", "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "draw-down", "type": "clause", "offset": [71, 80]}, {"key": "loan-facility", "type": "clause", "offset": [95, 108]}, {"key": "by-the-company", "type": "clause", "offset": [151, 165]}], "samples": [{"hash": "kNDmoX4TipX", "uri": "/contracts/kNDmoX4TipX#drawdown-schedule", "label": "Note Purchase Agreement (Pulmonx Corp)", "score": 31.6748809814, "published": true}], "size": 1, "hash": "44da38be398c257fbfe8fc32a3d7c308", "id": 7}, {"snippet": "Without limiting clause 6.1, the Producer must complete each Milestone and deliver all of the Deliverables for that Milestone in accordance with the Drawdown Schedule.", "snippet_links": [{"key": "without-limiting-clause", "type": "clause", "offset": [0, 23]}, {"key": "the-producer", "type": "clause", "offset": [29, 41]}, {"key": "the-deliverables", "type": "clause", "offset": [90, 106]}, {"key": "in-accordance-with", "type": "definition", "offset": [126, 144]}], "samples": [{"hash": "bbPDecmSci4", "uri": "/contracts/bbPDecmSci4#drawdown-schedule", "label": "Funding Agreement", "score": 25.4558525085, "published": true}, {"hash": "9PQxwL3utui", "uri": "/contracts/9PQxwL3utui#drawdown-schedule", "label": "Funding Agreement", "score": 23.7693367004, "published": true}], "size": 2, "hash": "b30cf7500e13737ea7509a39ef06c750", "id": 2}, {"snippet": "Subject to the proviso in Section 2.1(a) (as to the amount to be advanced by CNUL if APMC increases the amount of any Base Obligation Loan which APMC is advancing), on each date set forth on Schedule \"A\" hereto (the \"Drawdown Schedule\") each Subordinated Debt Lender shall advance to the Borrower a Base Obligation Loan in the amount set forth opposite such date on the Drawdown Schedule; provided that the Subordinated Debt Lenders may make \u00b7 advances of Base Obligation Loans in advance of the dates set forth in the Drawdown Schedule and, in such event, the amount of the Base Obligation shall be adjusted by the Base Obligation Methodology and the reduction to the Base Obligation shall be applied to reduce the amount of the Base Obligation Loans to be made on January 4, 2016.", "snippet_links": [{"key": "subject-to-the", "type": "definition", "offset": [0, 14]}, {"key": "on-schedule", "type": "definition", "offset": [188, 199]}, {"key": "borrower-a", "type": "definition", "offset": [288, 298]}, {"key": "provided-that", "type": "clause", "offset": [389, 402]}, {"key": "the-subordinated-debt", "type": "clause", "offset": [403, 424]}, {"key": "in-advance", "type": "clause", "offset": [478, 488]}, {"key": "loans-to", "type": "clause", "offset": [746, 754]}], "samples": [{"hash": "4KFTPYagYU8", "uri": "/contracts/4KFTPYagYU8#drawdown-schedule", "label": "Lenders Funding Agreement", "score": 26.1704311371, "published": true}], "size": 1, "hash": "912603bd79d669790a272c0f24fb49f9", "id": 4}, {"snippet": "The Borrower shall make the drawdown under the Entrusted Loan in accordance with the Drawdown Schedule set forth in Item (a) below:\n(a) The Borrower shall draw the proceeds under the Entrusted Loan in a lump sum on October 13, 2006.\n(b) The Borrower shall draw completely all the proceeds under the Entrusted Loan commencing from N/A in accordance with the following drawdown schedule (the \"Drawdown Schedule\"): Times of Drawdown Date of Drawdown Amount of Drawdown ----------------- ---------------- ------------------ 1", "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "entrusted-loan", "type": "definition", "offset": [47, 61]}, {"key": "in-accordance-with", "type": "definition", "offset": [62, 80]}, {"key": "lump-sum", "type": "clause", "offset": [203, 211]}, {"key": "commencing-from", "type": "clause", "offset": [314, 329]}, {"key": "amount-of-drawdown", "type": "clause", "offset": [447, 465]}], "samples": [{"hash": "bFkEIcTBDwS", "uri": "/contracts/bFkEIcTBDwS#drawdown-schedule", "label": "Entrusted Loan Contract (Solarfun Power Holdings Co., Ltd.)", "score": 18.0, "published": true}], "size": 4, "hash": "2c0cbd16cd19321ad6d9e0639fa94ce9", "id": 1}, {"snippet": "The Lenders Independent Engineer will review the drawdown schedule prepared by the Company and comment on whether each monthly/quarterly cash drawdown amount is consistent with the likely Project schedule and requirements under EPC and the various equipment supply contracts.", "snippet_links": [{"key": "the-lenders", "type": "clause", "offset": [0, 11]}, {"key": "independent-engineer", "type": "clause", "offset": [12, 32]}, {"key": "by-the-company", "type": "clause", "offset": [76, 90]}, {"key": "drawdown-amount", "type": "definition", "offset": [142, 157]}, {"key": "consistent-with-the", "type": "clause", "offset": [161, 180]}, {"key": "project-schedule", "type": "definition", "offset": [188, 204]}, {"key": "equipment-supply-contracts", "type": "definition", "offset": [248, 274]}], "samples": [{"hash": "4gYSOiDR8x8", "uri": "/contracts/4gYSOiDR8x8#drawdown-schedule", "label": "Common Rupee Loan Agreement (Sterlite Industries (India) LTD)", "score": 21.0, "published": true}, {"hash": "cWiX5T7GyF5", "uri": "/contracts/cWiX5T7GyF5#drawdown-schedule", "label": "Term Loan Facility Agreement (Sterlite Industries (India) LTD)", "score": 19.0, "published": true}], "size": 2, "hash": "f35521ebfacba195e5f5c38f7c0f98fe", "id": 3}, {"snippet": "1. After this Agreement goes into effect, Borrower shall use the loan hereunder according to the following schedule, provided that Borrower shall obtain prior consent of Trustor and Lender for any drawdown ahead of schedule: Drawdown Time Drawdown Date Advance Amount Drawdown Time Drawdown Date Advance Amount 1st Dec. 22, 2006 RMB69,000,000 4th 2nd Dec. 22, 2006 RMB47,900,000 5th 3rd\n2. If Borrower defers the drawdown date for one or more advances, Lender may charge penalty on the deferred amount at the rate of 1/oo0 per day according to the actual number of deferred days and on the basis of 360 days per year.\n3. The deadline for Borrower to drawdown is 7 days after the date hereof. Any amount not drawn after the deadline shall be canceled. Drawdown deadline is also the deadline for penalty on deferred advance.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [9, 23]}, {"key": "into-effect", "type": "clause", "offset": [29, 40]}, {"key": "borrower-shall", "type": "clause", "offset": [42, 56]}, {"key": "the-loan", "type": "clause", "offset": [61, 69]}, {"key": "according-to", "type": "definition", "offset": [80, 92]}, {"key": "provided-that", "type": "clause", "offset": [117, 130]}, {"key": "consent-of", "type": "clause", "offset": [159, 169]}, {"key": "and-lender", "type": "clause", "offset": [178, 188]}, {"key": "drawdown-date", "type": "definition", "offset": [239, 252]}, {"key": "advance-amount", "type": "definition", "offset": [253, 267]}, {"key": "if-borrower", "type": "clause", "offset": [390, 401]}, {"key": "lender-may", "type": "definition", "offset": [453, 463]}, {"key": "deferred-amount", "type": "definition", "offset": [486, 501]}, {"key": "rate-of", "type": "clause", "offset": [509, 516]}, {"key": "per-day", "type": "clause", "offset": [523, 530]}, {"key": "number-of", "type": "clause", "offset": [555, 564]}, {"key": "basis-of", "type": "clause", "offset": [590, 598]}, {"key": "days-per-year", "type": "clause", "offset": [603, 616]}, {"key": "days-after", "type": "definition", "offset": [664, 674]}, {"key": "date-hereof", "type": "clause", "offset": [679, 690]}], "samples": [{"hash": "7bDCHrnndQr", "uri": "/contracts/7bDCHrnndQr#drawdown-schedule", "label": "Entrusted Loan Agreement (LDK Solar Co., Ltd.)", "score": 16.0, "published": true}], "size": 1, "hash": "ea19a4f0b3c38b713a2f3d1be35124e3", "id": 6}, {"snippet": "At the election of the Company which shall be made in writing (which may be by e-mail) to Holder, Holder shall advance funds to the Company under this Note pursuant to the following schedule and amounts: August 31, 2016 $200,000 September 27, 2016 $200,000 October 27, 2016 $100,000 November 25, 2016 $50,000", "snippet_links": [{"key": "of-the-company", "type": "clause", "offset": [16, 30]}, {"key": "in-writing", "type": "definition", "offset": [51, 61]}, {"key": "to-holder", "type": "definition", "offset": [87, 96]}, {"key": "advance-funds", "type": "definition", "offset": [111, 124]}, {"key": "to-the-company", "type": "definition", "offset": [125, 139]}, {"key": "this-note", "type": "clause", "offset": [146, 155]}, {"key": "pursuant-to-the", "type": "clause", "offset": [156, 171]}, {"key": "schedule-and-amounts", "type": "clause", "offset": [182, 202]}], "samples": [{"hash": "1l5G0sEiZr6", "uri": "/contracts/1l5G0sEiZr6#drawdown-schedule", "label": "Secured Convertible Grid Promissory Note (MeeMee Media Inc.)", "score": 24.6967830658, "published": true}], "size": 1, "hash": "407fe3d62494fb0fa4beb2f8e5103f90", "id": 5}, {"snippet": "6.1.1 The Borrower shall draw down according to the following scheduled plan (1):\n(1) The Borrower shall draw down all funds under this Agreement in one lump sum on XXX year XXX month XXX day, with the specific drawdown date based on the date stated in the Loan Certificate;\n(2) The Borrower shall draw down within the drawdown period, with the specific date based on the Loan Certificate. The drawdown period under this Agreement is ___/___years (or ___/___ months), starting from the date this Agreement becomes effective, until ___/___year ___/___month ___/___day. Outside the drawdown period, the Lender has the right to refuse to disburse funds;\n(3) Drawdown in installments according to schedule, with specific drawdown plan in Attachment 3 (Drawdown Schedule).\n6.1.2 If the Borrower is unable to draw down on the date agreed in this Agreement, the Borrower shall submit a written application to the Lender at least 10 working days before the scheduled drawdown date, stating the reason. After review and approval by the Lender, both parties shall sign a drawdown schedule amendment agreement, which shall serve as an attachment to this Agreement.\n6.1.3 Without the Lender\u2019s prior written consent, the Borrower may not cancel undrawn loans under this Agreement; otherwise, the Lender has the right to charge a penalty of ___/___% of the cancelled loan amount as compensation for the Lender\u2019s fund arrangement costs and income losses.", "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [6, 24]}, {"key": "draw-down", "type": "clause", "offset": [25, 34]}, {"key": "according-to", "type": "definition", "offset": [35, 47]}, {"key": "all-funds", "type": "clause", "offset": [115, 124]}, {"key": "lump-sum", "type": "clause", "offset": [153, 161]}, {"key": "drawdown-date", "type": "definition", "offset": [211, 224]}, {"key": "based-on", "type": "clause", "offset": [225, 233]}, {"key": "loan-certificate", "type": "definition", "offset": [257, 273]}, {"key": "drawdown-period", "type": "clause", "offset": [319, 334]}, {"key": "agreement-becomes-effective", "type": "clause", "offset": [496, 523]}, {"key": "right-to-refuse-to", "type": "clause", "offset": [616, 634]}, {"key": "disburse-funds", "type": "clause", "offset": [635, 649]}, {"key": "drawdown-plan", "type": "clause", "offset": [717, 730]}, {"key": "attachment-3", "type": "clause", "offset": [734, 746]}, {"key": "in-this-agreement", "type": "clause", "offset": [832, 849]}, {"key": "written-application", "type": "definition", "offset": [879, 898]}, {"key": "working-days", "type": "clause", "offset": [925, 937]}, {"key": "by-the-lender", "type": "clause", "offset": [1020, 1033]}, {"key": "both-parties", "type": "definition", "offset": [1035, 1047]}, {"key": "amendment-agreement", "type": "definition", "offset": [1079, 1098]}, {"key": "to-this-agreement", "type": "clause", "offset": [1135, 1152]}, {"key": "prior-written-consent", "type": "clause", "offset": [1181, 1202]}, {"key": "right-to-charge", "type": "clause", "offset": [1298, 1313]}, {"key": "loan-amount", "type": "definition", "offset": [1353, 1364]}, {"key": "for-the-lender", "type": "definition", "offset": [1381, 1395]}], "samples": [{"hash": "gIup94dvpvv", "uri": "/contracts/gIup94dvpvv#drawdown-schedule", "label": "Working Capital Loan Agreement (SHENGFENG DEVELOPMENT LTD)", "score": 35.2327173169, "published": true}], "size": 1, "hash": "005029205f25ffcfb40aebfe6c6f011e", "id": 9}, {"snippet": "Prior to the first Drawdown under the Additional Obligation Facilities, the Lenders and the Borrower shall in good faith and acting reasonably negotiate a Drawdown schedule (as amended from time to time in accordance with the provisions hereof, the \u201cDrawdown Schedule\u201d) in respect of the Additional Obligation Loans, to be adjusted quarterly as needed. Such Drawdown Schedule shall take into consideration the availability of Debt under the then- applicable Senior Commercial Debt Agreements, if any, and achieving the 80/20 Ratio in respect of Advances under the Class A Subordinated Debt Facility.", "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [0, 12]}, {"key": "first-drawdown", "type": "definition", "offset": [13, 27]}, {"key": "additional-obligation", "type": "definition", "offset": [38, 59]}, {"key": "the-lenders", "type": "clause", "offset": [72, 83]}, {"key": "the-borrower-shall", "type": "clause", "offset": [88, 106]}, {"key": "in-good-faith", "type": "clause", "offset": [107, 120]}, {"key": "acting-reasonably", "type": "clause", "offset": [125, 142]}, {"key": "as-amended", "type": "definition", "offset": [174, 184]}, {"key": "from-time-to-time", "type": "clause", "offset": [185, 202]}, {"key": "in-accordance-with", "type": "definition", "offset": [203, 221]}, {"key": "the-provisions", "type": "clause", "offset": [222, 236]}, {"key": "in-respect-of", "type": "definition", "offset": [270, 283]}, {"key": "as-needed", "type": "clause", "offset": [342, 351]}, {"key": "availability-of", "type": "clause", "offset": [410, 425]}, {"key": "debt-agreements", "type": "definition", "offset": [476, 491]}, {"key": "class-a", "type": "definition", "offset": [564, 571]}, {"key": "debt-facility", "type": "definition", "offset": [585, 598]}], "samples": [{"hash": "zG9JEu5fEk", "uri": "/contracts/zG9JEu5fEk#drawdown-schedule", "label": "Subordinated Debt Agreement", "score": 26.1704311371, "published": true}], "size": 1, "hash": "69704d89153c31ac49d44ce5c6560f80", "id": 8}, {"snippet": "The following is the Drawdown Schedule of the Facility under the Contract: December 30, 2006: USD 25,000,000 (Twenty-Five Million US dollars) Where the Borrower wishes to change the Drawdown Schedule, it shall send a Notice shall the Lender 15 Business Days in advance.", "snippet_links": [{"key": "schedule-of", "type": "definition", "offset": [30, 41]}, {"key": "the-facility", "type": "definition", "offset": [42, 54]}, {"key": "the-contract", "type": "definition", "offset": [61, 73]}, {"key": "where-the-borrower", "type": "definition", "offset": [142, 160]}, {"key": "a-notice", "type": "definition", "offset": [215, 223]}, {"key": "the-lender", "type": "clause", "offset": [230, 240]}, {"key": "in-advance", "type": "clause", "offset": [258, 268]}], "samples": [{"hash": "hTvQ0eXC8lS", "uri": "/contracts/hTvQ0eXC8lS#drawdown-schedule", "label": "Foreign Currency Loan Contract (LDK Solar Co., Ltd.)", "score": 18.0, "published": true}], "size": 1, "hash": "88d09c3acc609972e845811177681ed8", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhpkcmF3ZG93bi1zY2hlZHVsZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["drawdown-schedule-and-procedures", "Drawdown Schedule and Procedures"], ["drawdown-schedule-security-agreement-warrants-conversion", "Drawdown Schedule Security Agreement Warrants Conversion"], ["the-additional-obligation-facilities-and-funding-obligations", "THE ADDITIONAL OBLIGATION FACILITIES AND FUNDING OBLIGATIONS"], ["lenders-funding-obligations", "Lenders Funding Obligations"], ["schedules", "Schedules"]], "title": "Drawdown Schedule", "size": 17, "children": [["additional-closing", "Additional Closing"], ["initial-closing", "Initial Closing"], ["additional-purchasers", "Additional Purchasers"]], "id": "drawdown-schedule", "related": [["auction-schedule", "Auction Schedule", "Auction Schedule"], ["repayment-schedule", "Repayment Schedule", "Repayment Schedule"], ["amortization-schedule", "Amortization Schedule", "Amortization Schedule"], ["completion-schedule", "Completion Schedule", "Completion Schedule"], ["construction-schedule", "Construction Schedule", "Construction Schedule"]], "related_snippets": [], "updated": "2026-03-29T04:25:46+00:00", "also_ask": [], "drafting_tip": "Specify drawdown dates and amounts to ensure clarity; define conditions for each drawdown to prevent disputes; include remedies for non-compliance to protect parties\u2019 interests.", "explanation": "A Drawdown Schedule clause outlines the specific timeline and amounts for the disbursement of funds under an agreement. Typically, it details when and how much money will be released to the borrower or project, often tied to the achievement of certain milestones or dates. This clause ensures that funds are distributed in a controlled manner, helping to manage cash flow and reduce the risk of misuse or misallocation of resources."}, "json": true, "cursor": ""}}