Draw definition

Draw means the disbursement of funds to a Development.

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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

• Each Draw Request shall be organized to account for applicable reimbursement requirements and to facilitate the reimbursement process.

• Once the Draw Request format has been approved by TxDOT, the format shall not change without TxDOT’s prior written approval.

• Each Draw Request shall be executed by DB Contractor’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, DB Contractor shall deliver to TxDOT one hard copy and one electronic copy 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.

• Draw Request data sheets shall be subdivided into DB Contractor-designated Project segments and shall be attached to a Project-wide report and Draw Request data sheet.

More Definitions of Draw

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

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

Draw means the disbursement of funds to a HOME Project.

Draw means the manner specified in the chit agreement for the purpose of ascertaining the prized subscriber of any installment of the chit;