Drawing Agreement definition
Examples of Drawing Agreement in a sentence
The parties agree that, to the extent that amounts contributed by Holdings to the Project Companies both as an initial equity contribution and under paragraph 1(b) hereof exceeds 20% of the costs of all of the Facilities as completed (such costs to be determined on the same basis as the budgeted costs in the Drawing Agreement (the “Excess Equity”), such Excess Equity may be repaid by the Project Companies to Holdings and by Holdings to EPC, subject only to the limitations of the Guarantee.