Redraw Sample Clauses

Redraw. Upon request, we may at our option allow you to re-borrow some or all of the amounts that you have repaid under this Loan Contract up to the Amount of Credit (Redraw Credit). You must pay the Redraw Fee applicable to the Redraw Credit. The terms and conditions set out in this Loan Contract will apply to your Redraw Credit. We are not under any obligation to make Redraw Credit available to you and nothing in this agreement is to construed as granting any right or entitlement to you to access the Redraw Credit Variations
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Redraw. If the Loan is a Redraw Loan, the Borrower may throughout the Term, provided no Event of Default has occurred, Redraw all Funds in Advance no more than twice each calendar month. Each redraw shall be for a minimum amount prescribed by the Lender from time to time. Any Funds in Advance requested by the Borrower are not to be in amounts less than $1,000.00 or the number of requests exceed two each calendar month and will only be disbursed by the Lender into an account at the Xxxxxx Building Society, owned by the Borrower.
Redraw. If you pay more than your required periodic payment amount, we may, but don’t have to, allow you to redraw the extra amounts you’ve paid, unless you have one of the following loans which don’t enable redraw: Loans with a Fixed Rate Bridging loan Construction loan The table below explains when and how you can request a redraw: If your interest rate is: When? How? Restrictions
Redraw. The Bank will allow a redraw facility to be attached to the loan. The redraw facility will operate on the following conditions:
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Redraw. Amounts repaid or prepaid can be redrawn.
Redraw. 7.1 By paying each Instalment (which may change as Interest Rates change), you will repay the Facility Amount (together with interest) over the Term.
Redraw. Drawings ------------------------------------------------------------------------------- Use of Redraw Facility 4.1 If the Issuer Trustee on the direction of the Global Trust Manager wants to use the Redraw Facility to make a Redraw Drawing, it must do so only in accordance with clause 2.4 and it must give a notice to the Redraw Facility Provider meeting the requirements of clause 4.3 ("Drawdown Notice").
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