LAST DRAWDOWN DATE definition
Examples of LAST DRAWDOWN DATE in a sentence
The BANK may, upon request from BORROWER, in the BANK's sole and absolute discretion upon the terms hereinafter set forth, make one or more loans (the "LOANS") to the BORROWER from time to time during the period from the date of this AGREEMENT up to and including the LAST DRAWDOWN DATE in an aggregate amount not to exceed at any time outstanding FOUR MILLION DOLLARS ($4,000,000.00); such amount may be reduced pursuant to SECTION 2.02 hereof (the "CREDIT LINE").
The BANK may, upon request from BORROWER, in the BANK's sole and absolute discretion upon the terms hereinafter set forth, make one or more loans (the "LOANS") to the BORROWER from time to time during the period from the date of this AGREEMENT up to and including the LAST DRAWDOWN DATE in an aggregate amount not to exceed at any time outstanding TWO MILLION FIVE HUNDRED THOUSAND DOLLARS (U.S.$2,500,000.00); such amount may be reduced pursuant to SECTION 2.02 hereof (the "CREDIT LINE").