Amount Drawn definition

Amount Drawn is defined in the definition of Applicable Commitment Fee.
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Amount Drawn means the fraction of the Maximum Amount that is drawn on one or more occasions;
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Amount Drawn has the meaning specified in Section 5.04(1).
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Examples of Amount Drawn in a sentence

  • On each Interest Payment Date for each Draw, the Borrower shall pay the Lender the interest accrued on the Amount Drawn under said Draw during the corresponding Interest Period, calculated at the appropriate Interest Rate.

  • Yours faithfully, Name and Signature of Borrower/Co-Borrower(s) Sanction Number Sanction Date Loan Amount ` Amount Drawn ` This Installment ` Amount Balance ` Payee Name Checked Name and Signature of Relationship Manager/Customer Care The serial no.

  • That the Licensor has agreed to provide security/guarantee cheques of Rs. 30 Million to the Licensee in the following manner; Sr. No. Cheque No. Date Amount Drawn on 1 112097495 10-03-21 Rs. 7.5 Million Habib Metropolitan Bank 2 112097494 10-03-21 Rs. 22.5 Million Habib Metropolitan Bank Total Rs. 30 Million It is clarified that above mentioned cheques have been provided to the Licensee on account of security for restoration of electricity connection in the Spinning Unit/Site within a period of 2.5 Months.

  • Any Draw Notification must be made for a minimum Amount Drawn of EUR 100,000,000 (one hundred million Euros) or its Counter-value in USD.

  • To the extent that amounts are held by the Administrative Agent in the Documentary Credit Account pursuant to Section 5.07(1) or Section 5.07(2) in respect of such Documentary Credit, the Administrative Agent shall pay the Amount Drawn to the Documentary Credit Lender at or before 10:00 a.m. (Toronto time) on the date specified by the Beneficiary as a drawing under such Documentary Credit.