Drawdown Day definition

Drawdown Day means the date of drawdown of the Refinancing Loan Amount; all references to Drawdown Day plus or minus any number of days means Drawdown Day plus or minus such number of business day i.e. Monday to Friday excluding Saturday, Sunday and general holidays defined in the General Holidays Ordinance (Cap. 149).
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Drawdown Day means the date on which the principal of this Credit Facility is advanced to the Borrower in accordance with this Agreement, including the Initial Drawdown Date.
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Drawdown Day means a Banking Day on which a Drawdown pursuant to the Credit is permitted to be obtained by the Borrower from the Lender;
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Examples of Drawdown Day in a sentence

  • The first interest period under this Contract shall start from the first Drawdown Day, and ends the previous day of following BusinessDay.

  • If the Borrower wishes to obtain a Drawdown by way of LIBOR Borrowing it shall deliver to the Lender a Drawdown Notice not later than 10:00 a.m. (Toronto time) on the second Banking Day prior to the day on which the Borrower requests such Drawdown to be made, specifying, among other things, the amount and type of Accommodation requested by the Borrower and the Drawdown Day.

Related to Drawdown Day

  • 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;

  • Man Day means 7.5 Man Hours, whether or not such hours are worked consecutively and whether or not they are worked on the same day;

  • Drawdown means any principal amount borrowed or to be borrowed (by any means) under the provisions hereof.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.