Drawndown definition

Drawndown means Mortgage applications which have actually been accepted by Mortgage Customers or Citigold Customers, drawndown by Citibank and captured in Citibank’s system as first loan drawdown status by 31 December 2013;
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Examples of Drawndown in a sentence

  • The Freight Customer may revoke the rights of any Appointed Operator to operate any Drawndown Service by serving a duly completed and signed Revocation Notice on each of Network Rail and that Appointed Operator not later than 20 Working Days prior to the Planned Departure Window of the Final Service.

  • Each such notice shall specify (i) the amount and form of Precious Metal requested, (ii) the proposed Drawndown Date of such consignment, and (iii) whether such request is a standing order.

  • Borrower agrees to pay all interest, compounded annually and computed on the basis of a 360-day year of twelve 30-day months on the unpaid principal balance hereof, from the date a Loan is made to Borrower (“Drawdown Date”) until paid in full in like coin or currency, quarterly on March 31, June 30, September 30, and December 31 in each year commencing on the Drawndown Date until a final payment of all accrued unpaid interest on the Maturity Date.

  • If the Freight Customer has issued a Revocation Notice in respect of any Drawndown Service, the Freight Customer may issue a new Drawdown Notice in respect of such Drawndown Service so long as no more than one Appointed Operator has the right to operate such Drawndown Service at the same time.

  • The Freight Customer shall not be entitled to appoint: more than one Timetable Agent at the same time; and / or a Timetable Agent in respect of any Drawndown Services where the relevant Appointed Operator has been authorised to make Access Proposals, Rolled Over Access Proposals or Train Operator Variation Requests and exercise its rights under schedule 2 to its Operator Access Agreement in relation to those Drawndown Services unless such rights are first revoked from the relevant Appointed Operator.

  • For purposes of this Section 2.01, the total amount, at any time, of Subscribed Capital actually contributed by a Partner to the Partnership shall be that Partner's "Drawndown Capital," and the aggregate Drawndown Capital of all of the Partners shall be the "Total Drawndown Capital" of the Partnership.

  • The Freight Customer may revoke the rights of any Appointed Operator to operate any Drawndown Service by serving a duly completed and signed Revocation Notice on each of Network Rail and that Appointed Operator not later than 20 Working Days prior to the Planned Departure Time of the Final Service.

  • For purposes hereof, "Preferred Return" means an 8% return (compounded annually) on the Total Drawndown Capital actually contributed by all Owners to the capital of the Partnerships.

  • Business Day: any day other than a Saturday, Sunday, or other day on which commercial banks are authorized or required by law to close in New York, NY, Orlando, FL, or the city and state in which Mortgagee maintains its Corporate Trust Office or receives and disburses funds and, if in relation to the payment of interest and principal of any Equipment Note, or any prepayment thereof, or delivery of any Drawndown Notice, a day on which Dollar transactions are effected in London, England.

  • For purposes of this Section 2.01, the total amount, at any time, of Subscribed Capital actually contributed by a Partner to the partnership shall be that Partner's "Drawndown Capital," and the aggregate Drawndown Capital of all of the Partners shall be the "Total Drawndown Capital" of the Partnership.