Draw Procedures definition

Draw Procedures means the written document approved by OLC that specifies the process for selecting winners for a particular instant game or instant game promotion, if a drawing is designed as part of the game or promotion, and for each online game or online game promotion.
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Draw Procedures. The Borrower shall submit to the lender not less than three business days prior to the date of any requested disbursement of the term loan, a written request for borrowing, together with such written documentation as Lender may require identifying the equipment to be purchased with such requested disbursement. Unless such requirement is expressly waived in writing by Silicon, no disbursement of the Term Loan shall be made after October 1, 1994 and the amount of each disbursement of the Term Loan shall not exceed 80% of the invoice price of the equipment to be financed by such purchase.
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Draw Procedures. The Borrower shall submit to the Lender not less than three business days prior to the date of any requested disbursement of the Third Term Loan, a written request for borrowing, together with such written documentation as Lender may require identifying the equipment purchased or to be purchased with such requested disbursement. Unless such requirement is expressly waived in writing by Silicon, no disbursement of the Third Term loan shall be made after March 25, 1996, and the amount of each disbursement of the Third Term Loan shall not exceed 80% of the invoice price of the equipment to be financed by such purchase.
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Examples of Draw Procedures in a sentence

  • Armor agrees that it shall not unreasonably object to the payment of a draw request for which GB has complied with all the Draw Procedures as set forth herein.

  • Failure to comply with the Capital Draw Procedures shall constitute a Default hereunder.

  • Whenever GB shall request any disbursement from Escrow Agent for payment of an amount due under the Construction Management Agreement or the Construction Contract, GB shall send copies of such request, and of all supporting documentation required by the Draw Procedures (as hereafter defined) to Armor at the address set forth below.

  • Advances shall be made pursuant to the terms of the document entitled "Construction Draw Procedures." When the amount advanced appears on a subsequent statement, that will be conclusive evidence of my request.


More Definitions of Draw Procedures

Draw Procedures. The draw procedures for additional advances of Purchase Price (other than the initial advance of the Purchase Price) for construction draw requests under Bridge Type and Construction Type Assets set forth on Schedule 9 attached hereto.
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Related to Draw Procedures

  • AML/KYC Procedures means the customer due diligence (CDD) procedures of a Reporting Financial Institution pursuant to the anti-money laundering or similar requirements of the jurisdiction concerned to which such Reporting Financial Institution is subject.

  • Bidding Procedures means the bidding procedures attached as Exhibit 1 to the Bidding Procedures Order and approved by the Bankruptcy Court pursuant to the Bidding Procedures Order and as amended and supplemented.

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.