Drawal definition

Drawal means drawal of foreign exchange from an authorised person and includes opening of Letter of Credit or use of International Credit Card or International Debit Card or ATM Card or any other thing by whatever name called which has the effect of creating foreign exchange liability;
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Drawal means the electricity taken out from the intra state transmission system.
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Drawal means the import/export of electrical energy from/to the grid;
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Examples of Drawal in a sentence

  • Drawal application will be submitted based on actual expenditure incurred even ahead of phasing given in the sanction.

  • Point of Drawal of connected to the Transmission/Distribution System (as the case may be) of Punjab.

  • Subject to the prior satisfaction of all other applicable conditions to the making of a Term Loan disbursement in accordance with the specific terms set forth in Schedule 1 Part 1 hereunder, the Borrower shall furnish to InnoVen the ASHISH Digitally signed by ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Digitally signed by ▇▇▇▇ ▇▇▇▇▇ Drawal Request, at least 2 (Two) Business Days prior to the date of the Single Advance in the manner specified in Schedule 1 Part 3 hereunder, and such drawdown date should be a Business Day.

  • Wind Generators, during the start-up, shall ensure that reactive power Drawal shall not affect the grid performance: Provided that SLDC may direct the wind generator to curtail VAr drawal/injection for the security of the grid.

  • Upon InnoVen being satisfied with the declarations made in the Confirmation Certificate at least 2 (Two) Business Days prior the date of the Single Advance, the Borrower shall submit a Drawal Request in the form provided in Schedule 1 Part 3 upon the receipt of which InnoVen shall disburse the Term Loan.

  • Unless InnoVen otherwise agrees, the right to make drawals from the Term Loan shall cease on the Last Date of Drawal.

  • Unless otherwise agreed to by ▇▇▇▇▇▇▇ in writing, the Last Date of Drawal, being the date till which the Borrower shall be entitled to seek drawals / disbursements out of the Term Loan shall be August 26, 2020 (the “Last Date of Drawal”).

Related to Drawal

  • Withdrawal means any measure aimed at preventing a product in the supply chain from being made available on the market;

  • Drawing means the drawing or drawings specified in or annexed to the Specifications;

  • Draw means the disbursement of funds to a Development.

  • Final Drawing has the meaning specified in Section 3.05(i).

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.