Initial Drawdown definition

Initial Drawdown means as the context requires: (a) Drawdown 1 (Initial Scope); or (b) where applicable, Drawdown 2 (Deferred Scope);

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Initial Drawdown means the initial Drawdown of the Credit Facilities on the Effective Time.

Initial Drawdown with respect to a Proposed Scheme Facility will be set out in the applicable Scheme Facility Type Schedule.

Examples of Initial Drawdown in a sentence

• No additional Members will be admitted after the Initial Drawdown Date, except as provided in Sections 7.1 and 11.2.

• Initial Drawdown Date The first date on which investors (other than the Initial Member) are required to contribute capital for the purchase of Units, which is also the first date on which the Company will issue Units other than to the Initial Member.

• Any failure to sign any or all of the Waivers and Amendments on or prior to the earlier to occur of the Bridge Initial Drawdown Date and 30 April, 2003.

• The Limited Partnership held an initial capital drawdown from investors on December 9, 2021 (the “Initial Drawdown” and the date on which the Initial Drawdown occurred, the “Initial Drawdown Date”).

• The Scheme Guarantee entered into in connection with a Scheme Facility will take effect from the Initial Drawdown Date in respect of that Scheme Facility, without the need for any further request, authorisation or consent from the Guarantor.

More Definitions of Initial Drawdown

Initial Drawdown means the initial Advance of $8,160,000.00.

Initial Drawdown. Date As set forth in Section 3.3(b).

Initial Drawdown means the making of the first Advance hereunder, which Advance must in any event be an amount sufficient to discharge all fees due and payable on the Initial Drawdown Date pursuant to Clause 11.1.1;

Initial Drawdown means the initial Advance of US$500,000 to the Borrower pursuant to Clause 3.1.

Initial Drawdown means the making of the first Advance hereunder, which Advance must in any event be an amount sufficient to discharge all fees due and payable on the Initial Drawdown Date pursuant to Clause 10.1.1;

Initial Drawdown means the first Drawdown by the Borrower of a Facility under this Agreement whether by way of issuance of a Letter of Commitment under this Agreement or otherwise. For the avoidance of doubt, any drawdown under the Interim Rupee Facility Agreements shall not be considered as Initial Drawdown. Initial Drawdown Date shall mean date of the Initial Drawdown. Initial Security shall have the meaning specified in Section 8.7.1.

Initial Drawdown means the initial US$100,000 advance by the Holder to the Debtor in accordance with the terms of this Debenture.