Common use of Initial Drawdown Clause in Contracts

Initial Drawdown. The obligation of the Lender to make the first Advance under the Facility Agreements is subject to the fulfilment of the conditions precedent provided for in Section 4.

Initial Drawdown. The obligation of the Lender to make the first Advance under the Facility Agreements is subject to the fulfilment of the conditions precedent provided for in Section 4.. 36.2