Draw definition

Draw means the disbursement of funds to a Development.

Draw for any Mortgage Loan means an additional borrowing by the mortgagor after the Cut-off Date, in accordance with the related Mortgage Note.

Draw means, with respect to each HELOC, an additional borrowing by the Mortgagor in accordance with the related Credit Line Agreement.

Examples of Draw in a sentence

• Daily Draw - EBT The State shall request funds such that they are deposited in a State account in accordance with the clearance pattern specified in Exhibit II.

• Electronically submit an accurate monthly financial report, including accrued expenditures and obligations, no later than 11:59 p.m. Central Time on the 20th day of each month through TWC’s on-line Cash Draw and Expenditure Reporting (CDER) system.

• Each Draw Request shall be executed by Xxxxxxxxx’s Authorized Representative.

• On or about the fifth Business Day of each month following NTP1 and continuing through the last date of the Maximum Payment Schedule shown on Exhibit 5, Developer shall deliver to TxDOT five copies of a Draw Request in the form attached hereto as Exhibit 15 and meeting all requirements specified herein except as otherwise approved in writing by TxDOT.

• Notwithstanding the foregoing, the Delayed Draw Term Loans shall be available in Borrowings of not less than (i) $1,000,000, or (ii) if in excess thereof, a whole multiple of $500,000 or, if less, the unfunded Delayed Draw Commitments then outstanding.

More Definitions of Draw

Draw. With respect to any Mortgage Loan, an additional borrowing by the Mortgagor subsequent to the related Cut-Off Date in accordance with the related Credit Line Agreement.

Draw. With respect to any Mortgage Loan, a borrowing by the related Mortgagor under the related Loan Agreement.

Draw means the approved selection process by which the winner(s) are determined on a random basis.

Draw means in draw poker, the taking of additional cards by a player; Eff 10/30/2008

Draw means the disbursement of funds to a HOME Project.

Draw. With respect to any HELOC, a borrowing by the related Mortgagor under the related Loan Agreement.

Draw. With respect to any HELOC Mortgage Loan, an additional borrowing by the Mortgagor subsequent to the Cut-Off Date in accordance with the related Credit Line Agreement.