Monthly Drawdown definition

Monthly Drawdown shall have the meaning set forth in Section 2.1 hereof.

Examples of Monthly Drawdown in a sentence

  • Payment Schedule (Monthly Drawdown) (SU) The State shall request funds once a month for amounts that were disbursed in the prior month.

  • Funding Technique Name Description Actual Allocation - Administrative & Payroll Costs - Monthly Drawdown Actual Allocation for Administrative and Payroll Costs: The Department shall request funds once a month, such that they are deposited on approximately the 27th of the month, to fund activity of the prior month.

  • Payment Schedule (Monthly Drawdown) The State shall request funds once a month for amounts that were disbursed in the prior month.

  • Actual Allocation - Administrative & Payroll Costs - Monthly Drawdown Actual Allocation for Administrative and Payroll Costs: The Department shall request funds once a month, such that they are deposited on approximately the 27th of the month, to fund activity of the prior month.

  • Set forth on the Monthly Drawdown Payment Schedule in Appendix H .

  • Largest Monthly Drawdown is the largest monthly loss experienced by any single account in the relevant program in any calendar month expressed as a percentage of the total equity in such account in the program and includes the month and year of such drawdown.

  • The Contract Price shall be paid by Owner to Contractor in installments in accordance with the Monthly Drawdown Schedule (“Scheduled Payments”) attached as Appendix H.