Draw Down Request definition

Draw Down Request means a request by one bank (Bank A), acting on behalf of Bank A’s customer, that another bank (Bank B) transfer funds from an account at Bank B to Bank A for credit to the account of Bank A’s customer.
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Draw Down Request means the transactions contemplated under Sections 2.1 through 2.9 of this Agreement.
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Draw Down Request has the meaning assigned such term in Section 2.1.
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Examples of Draw Down Request in a sentence

  • At any time after the Borrower has Accepted the NipeBoost Loan Application Offer, the Borrower may submit a Draw Down Request to the Lender.

  • For the avoidance of doubt, a Draw Down Request cannot be submitted for less than TZS 5 000.

  • Any amounts to be disbursed by the Lender pursuant to a Draw Down Request shall be credited to the Borrower’s Mobile Money Account, subject to any deductions of applicable transaction fees.The Borrower cannot terminate a Drawn Down Request once it has been submitted.


More Definitions of Draw Down Request

Draw Down Request means any request under clause 3.5 under which the Service Provider requests a transfer of Funds from the Customer.
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Draw Down Request means a request submitted by the Borrower to the Lender via the USSD Platform or other applicable Remote Channel for the advance of an amount of funding of not less than TZS 5 000 under the NipeBoost Loan Services.
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Draw Down Request shall have the meaning set forth in Section 2.4. EXHIBIT 10.68
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Draw Down Request shall have the meaning set forth in Section 2(a).
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Related to Draw Down Request

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Lenders pursuant to Section 2.02(a).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Borrowing Notice is defined in Section 2.8.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.