Drawdown Request definition

Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

Drawdown Request means a notice substantially in the form set out in Part I of Schedule 4 (Requests).

Drawdown Request means a request in the form of Schedule 2 of this Agreement that the Borrower shall submit to the Lender in accordance with Clause 5.1 when the Borrower desires to make a drawdown pursuant to this Agreement.

Examples of Drawdown Request in a sentence

• Any Drawdown Request made pursuant to Section 2.5(a) shall be irrevocable and the Borrower shall be bound to borrow the funds requested in the Drawdown Request in accordance with it.

• Each Drawdown Request must specify the Borrower’s requested credit, Drawdown Date (which must be a Business Day), Principal Amount and the Contract Period or Interest Period, and confirmation of the use of the proceeds.

• The Lenders and the Administrative Agent shall not be responsible for any error or omission in any Drawdown Request or in the performance thereof and the Borrower shall indemnify the Lenders and the Administrative Agent for any Loss or expense suffered or incurred by the Lenders and the Administrative Agent as a consequence of the Lenders and the Administrative Agent acting upon instructions given in any such Drawdown Request.

• The Lenders and the Administrative Agent shall be entitled to rely upon, and shall not incur any liability to the Borrower as a result of acting upon, any Drawdown Request.

• An Authorized Representative of the Borrower shall have provided a Drawdown Request in respect of such Advance as required under this Agreement in substantially the form of Exhibit 2.

More Definitions of Drawdown Request

Drawdown Request. A request for an Advance pursuant to Schedule 1 (Drawdown Request).

Drawdown Request means a request from the Borrower in a form and manner acceptable to the Lender for seeking disbursement of Loan.

Drawdown Request means the request by a person to drawdown a part of the person’s interest in the Assets of a Division.

Drawdown Request means the Borrower’s drawdown request as per the form in Appendix 3 (Form of Drawdown Request).

Drawdown Request. - means a notice substantially in the form of SCHEDULE 1.1.9 hereto;

Drawdown Request means a notice requesting an Advance or the issue of a Bank Guarantee in the form set out in part 1 or 2 (as appropriate) of schedule 4;

Drawdown Request means any request by the Borrower or the Client for payment of the Initial Unpaid Balance;