Draw Amount definition

Draw Amount means, with respect to any Letter of Credit, the amount necessary to settle the obligations of any L/C Issuer under any draft or demand made under such Letter of Credit.
Draw Amount means, with respect to any Transfer Date, the least of (a) the Deficiency Amount for such Transfer Date, (b) the Available Subordinated Amount as of the end of the preceding Transfer Date and (c) Available Draw Funds for such Transfer Date.
Draw Amount. As defined in Section 6.05(b)(iii).

Examples of Draw Amount in a sentence

  • Reserve Account (a) The Reserve Draw Amount on the related Transfer Date $ 0.00 ----------------- (b) The Reserve Draw Amount deposited in the Finance Charge Account to be treated as Class A Available Funds $ 0.00 ----------------- (c) The Reserve Draw Amount deposited in the Finance Charge Account to be treated as Class B Available Funds $ 0.00 ----------------- 11.

  • Swap Reserve Fund (a) The Swap Reserve Draw Amount on the related Transfer Date $0.00 ----------------- (b) The amount of the Swap Reserve Draw Amount deposited in the Finance Charge Account on the related Transfer Date to be treated as Class A Available Fund $ 0.00 ----------------- 12.

  • Reserve Draw Amount transferred to the Finance Charge Account on the Related Transfer Date $0.00 2.

  • Transfer to Servicer for Reserve Account Advance Draw Amount 0.00 2.

  • On or before two Business Days before a Payment Date, the Servicer will calculate the Reserve Account Draw Amount for the Payment Date and will direct the Indenture Trustee to withdraw from the Reserve Account and deposit the Reserve Account Draw Amount into the Collection Account on or before the Payment Date.


More Definitions of Draw Amount

Draw Amount is defined in Section 2.2.4.
Draw Amount has the meaning set forth in Section 2.4(a).
Draw Amount in the Existing Pooling and Servicing Agreement is hereby amended to read in its entirety:
Draw Amount means the Drawdown Notice Shares referenced in the Drawdown Notice multiplied by the Purchase Price.
Draw Amount means $130,000,000.
Draw Amount means the amount drawn under an Interest Draw or a Working Capital Draw, as the case may be.
Draw Amount means the initial funding by Lender hereunder or any subsequent funding, each such occurrence a “Draw”.