Loan Drawdown Date definition

Loan Drawdown Date means the date on which a Loan Drawdown is made;
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Examples of Loan Drawdown Date in a sentence

  • For the first repayment of an Instalment Loan, you are required to pay interest pro-rated based on the period between the Loan Drawdown Date and the first repayment date.

  • For each Instalment Loan, interest shall accrue on the Loan (Product portion) of each Instalment Loan from the Loan Drawdown Date at the interest rate as stated in the order summary of the relevant Applicable Transaction.

  • The Loan FacilityInvestors must borrow 100% of the Issue Price on the Loan Drawdown Date.

  • The obligation of the Lender to make the Subordinated Loan shall be subject to the conditions precedent that as of the Subordinated Loan Drawdown Date, unless waived by the Lender in writing in full or in part (a) the Lender shall have received the full amount of the proceeds of the issue of the Notes pursuant to the Subscription Agreement and (b) the Lender shall have received the full amount of the Facility Fee pursuant to Clause 3.3.

  • On the terms and subject to the conditions set forth herein, on the Subordinated Loan Drawdown Date the Lender shall make the Subordinated Loan available to the Borrower and the Borrower shall make a single drawing in the full amount of the Subordinated Loan.

  • You are automatically taken to have requested an advance on the Loan Drawdown Date of the Loan for the Loan Amount on that date.

  • The undersigned Borrower hereby requests a [Revolving Credit Loan under §2.1(a)] [Swing Loan under §2.5] of the Credit Agreement: Principal Amount: $__________ Type (LIBOR Rate Loan, Base Rate Loan): Drawdown Date: Interest Period for LIBOR Rate Loans: by credit to the general account of Borrower with Agent at Agent’s Head Office or to the account specified by Borrower on Schedule A hereto pursuant to the wiring instructions set forth on Schedule A.

  • The Loan is for a minimum term of 1 year and a maximum term of 3 years.The Loan is drawn down on the Loan Drawdown Date and the Loan monies are applied directly to pay the Issue Price on your Units.

  • On and from the Loan Drawdown Date the Lender will make a Loan to you in an amount equal to A$1.00 per Unit (the Loan Amount).

  • Subject to Clause 8, the Borrower will pay interest in Euros to the Lender on the Original Principal Amount or Outstanding Principal Amount, as the case may be, which shall accrue from day to day from (and including) the Subordinated Loan Drawdown Date to (but excluding) the Repayment Date at the rate of 10.0 per cent.

Related to Loan 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;

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Drawdown means the drawdown of a Tranche under the Loan Facility;

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Loan Advance The meaning specified in Section 2.2(a).

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

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.