Examples of Draw Schedule in a sentence
In accordance with Section 3.A. of the HPA, the undersigned Eligible Entity hereby requests that The Bank of New York Mellon (“BNYM”), on behalf of Treasury, disburse the amounts set forth on the attached Capital Draw Schedule as a Capital Draw against the Purchase Price as described in the HPA to Eligible Entity on [insert date] (the “Funding Date”).
Project Draw Schedule Compliance Monitoring – The Bond Compliance Officer will semi-annually compare the original project draw schedule and the actual expenditure payouts on each project.
Payments to the Contractor will be made by the Department on behalf of the Owner in accordance with the Draw Schedule outlined above.
The Borrower shall submit requests for disbursements according to the Draw Schedule set forth in Exhibit D of this Agreement as such Exhibit D may be amended and supplemented from time to time hereafter.
A detailed calculation of the Construction Interest based upon the final Draw Schedule (see below), documentation of the Closing Costs and a draft Loan Closing Statement must also be provided.