New Drawdown Date definition

New Drawdown Date means the date on which the New Loan is advanced by the Lender to the Borrower.
Sample 1

Examples of New Drawdown Date in a sentence

  • The first such Repayment Instalment shall be due and payable on the date falling three (3) months after the New Drawdown Date and subsequent Repayment Instalments shall be due and payable at consecutive intervals of three (3) calendar months thereafter.

  • Periods The first Interest Period in respect of the New Loan shall begin on the New Drawdown Date.

  • Letter of proposal of a New Drawdown Date of the Intercompany Loan dated 13 September 2006.

  • Letter of acceptance of a New Drawdown Date of the Intercompany Loan dated 13 September 2006.

Related to New Drawdown Date

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

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

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

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

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

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • 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.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

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

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

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

  • 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.

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

  • 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 A Advance means an Advance made by a Bank under Tranche A.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

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

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

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

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).