Drawdown Periods definition

Drawdown Periods means in respect of parts (i) and (ii) of the Specified Purpose, the period of three months from the date of acceptance hereof; and in respect of part (iii) of the Specified Purpose, the period of eighteen months from the date of same.
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Drawdown Periods means, collectively, the First Drawdown Period, the Second Drawdown Period and the Third Drawdown Period.
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Examples of Drawdown Periods in a sentence

  • After acceptance by the Lender, the Drawdowns made on the increased portion of the Line, i.e. FRF 300,000,000.00, shall accrue interest as follows: - For Drawdown Periods of less than 1 month and a minimum of 10 days: - TMP plus a margin of 1.10% per annum, for a total, on the basis of the TMP as of 1/17/97, nominal annual rate of 3.4125%.

  • II.7.1.1 Rate Drawdowns made under the Line shall accrue interest at the rate determined as follows: - for Drawdown Periods of less than one month and a minimum of 10 days: on the amount of the Line up to FRF 200,000,000.00: - TMP plus a margin of 0.0625% per annum, for a total, on the basis of the TMP at 1/17/97, nominal annual rate of 3.3750%.

  • All Advances drawn down during each of the three month periods immediately preceding December 4, 1999, March 4, 2000, June 4, 2000, September 4, 2000 and December 31, 2000, (each a "Drawdown Period", together "Drawdown Periods") shall be payable in thirty (30) monthly installments of principal, plus all accrued interest beginning on the _________ day of each month immediately succeeding the applicable Drawdown Period.

Related to Drawdown Periods

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;

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

  • Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending 1, 2, 3 or 6 months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

  • 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;

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.