Drawdown Date definition

Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;

Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

Drawdown Date means the date requested by the Borrower for the Loan to be made, or (as the context requires) the date on which the Loan is actually made;

Examples of Drawdown Date in a sentence

• If a Lender receives an application request for a drawdwown in accordance with Clause 5 and does not give notice pursuant to Clause 8.1, and all conditions set forthprovided for in each item of Clause 6 are satisfied at the time of the drawdown of the Individual Loan, the Lender shall remit the Individual Loan Amount to the Agent’s Account by [ ] o’clock of the Desired Drawdown Date.

• Provided, however, that with respect to the drawdown of the Individual Loan in relation to a Refinancing Loan, the Lender shall offset (a) the principal amount of the Outstanding Individual Loan Money in relation to the Refinanced Loan as of the Desired Drawdown Date, and (b) the Individual Loan Amount in relation to the Refinancing Loan, and according to the result thereof, shall treat the drawdown of such Individual Loan as follows.

More Definitions of Drawdown Date

Drawdown Date means the date on which a Drawdown is made by the Borrower pursuant to the provisions hereof and which shall be a Banking Day.

Drawdown Date means the date of the advance of a Loan.

Drawdown Date means the date, which shall be a Business Day, of any Advance.

Drawdown Date means the date on which the Loan is drawn down and applied in accordance with Clause 2.

Drawdown Date means the date, being a Banking Day falling not later than the Termination Date, on which the Loan is, or is to be, drawn down;

Drawdown Date means the date on which an Advance is made, or is proposed to be made.

Drawdown Date means a Business Day on which the Borrower has requested drawdown of a Loan pursuant to this Agreement or, as the context requires, the date on which such Loan is actually made.