Draw Certificate definition

Draw Certificate means, with respect to each draw under the Bonds, a certificate of the Company, approved by the Owners of all of the Bonds, such approval to be evidenced by their execution thereof, in substantially the form attached to the Indenture as Exhibit C.

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Draw Certificate means that certain schedule, updated from time to time and signed by Lender and Payor, evidencing the initial amount funded by Lender and the amount funded under each subsequent draw (if any), as well as any repayments of principal or interest that have occurred subsequent to the initial funding hereunder.

Draw Certificate means the Certificate to be executed in connection with each Draw as required by Section 10(G) hereof, the form of which is attached as Exhibit B.

Examples of Draw Certificate in a sentence

In clarification, we agree to honor the Draw Certificate upon receipt thereof, without regard to the truth or falsity of the assertions made therein.
We hereby agree to honor a drawing hereunder made in compliance with this Letter of Credit by transferring in immediately available funds the amount specified in the Draft delivered to us in connection with such drawing to such account at such bank in the United States as you may specify in your Draw Certificate.
Within two (2) business days of receiving the Draw Certificate, the Purchaser shall confirm its contents and upon such confirmation issue disbursement instructions to the Escrow Agent releasing the second or third $1 million to the Company.
All documents and agreements required to be appended to the Delayed Draw Certificate, if any, shall be in form and substance reasonably satisfactory to the Lender, shall have been executed and delivered by the requisite parties, and shall be in full force and effect.
In clarification, we agree to honor the Draw Certificate as specified in the preceding sentences, without regard to the truth or falsity of the assertions made therein.

More Definitions of Draw Certificate

Draw Certificate means the City’s certificate requesting a Draw, which shall be in substantially the form attached hereto as Exhibit A.

Draw Certificate means the certificate to be executed in connection with each Draw as required by Section 10(F) hereof, the form of which is attached hereto as Exhibit B.

Draw Certificate means a certificate required to be presented in connection with any withdrawal from the Operating Account, substantially in the form annexed hereto as Exhibit D.

Draw Certificate means a request for a draw under this Facility which is substantially in the form attached to this Facility as Exhibit B.

Draw Certificate has the meaning specified in Section 7.5.

Draw Certificate means a request for a Draw submitted to the Bank by the City Finance Director substantially in the form shown in Exhibit A, attached to this Ordinance and incorporated herein by this reference.

Draw Certificate means a draw certificate from a Responsible Officer in the form attached hereto as Exhibit A.