Expected Drawdown Date definition

Expected Drawdown Date means, in relation to the Advance, the date requested by the Borrowers in the Drawdown Notice for the Advance to be made;
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Expected Drawdown Date means, in respect of an Advance of all or a portion of any Tranche of the Loan available under this Agreement, the date requested by the Borrower in the Drawdown Notice for such Advance to be made;
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Examples of Expected Drawdown Date in a sentence

  • Subject to the following conditions, the Borrowers may request the Advance to be made by delivering to the Facility Agent a completed Drawdown Notice not later than 11:00 a.m. (New York time) three (3) Business Days prior to the Expected Drawdown Date thereof.

  • Subject to the following conditions, the Borrower may request an Advance or multiple Advances to be made by delivering to the Agent a completed Drawdown Notice in respect of such Advance or Advances not later than 11:00 a.m. (New York time) five (5) Business Days prior to the Expected Drawdown Date thereof.

  • Subject to the conditions stated in Clause 3.2, the Borrower may request an Advance or multiple Advances by delivering to the Facility Agent a completed Drawdown Notice in respect of such Advance or Advances not later than 11:00 a.m. (New York time) three (3) Business Days prior to the Expected Drawdown Date thereof.

Related to Expected Drawdown Date

  • 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;

  • 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.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Tranche C Term Loan as defined in Section 2.1.