Drawing Request definition
Examples of Drawing Request in a sentence
If the conditions set out in this Agreement have been met, the Lender may (in its absolute discretion) decide to accept the relevant Drawing Request and make the relevant Loan under the Facility available by the relevant Drawing Date.
The representations and warranties in this Clause 15 are deemed to be made by the Borrower by reference to the facts and circumstances then existing on the date of each Drawing Request and the first day of each Interest Period.
Without prejudice to the Lender’s absolute discretion under Clause 5.3, the Lender may decide to accept the first Drawing Request only if it has received all of the documents and other evidence listed in, and appearing to comply with the requirements of, Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender.
The Borrower may request a drawing of the Facility by delivery to the Lender of a duly completed Drawing Request not later than one (1) Business Day (or such shorter period as may be agreed by the Lender) prior to the proposed Drawing Date.