Draw Rate definition
Draw Rate means the daily average LIBOR Rate
Draw Rate means Base Rate for the first 60 days and Base Rate plus 1% after the first 60 days through the Stated Expiration Date.
Draw Rate. A constant rate of additional balances drawn on the HELOCs.
Examples of Draw Rate in a sentence
Rebibo Current Pr▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ President (b) MIC - President CEO ANB - SVP Base Rate $150,000 (c) $90,000 Draw Rate $150,000 $150,000 - recoverable draw Warrant n/a Open $20,163 Yr3 $23,525 Values Yr 1 $20,163 Yr4 $10,082 Yr 2 $23,525 Yr5 $6,721 Future option pool participation as may be estab.