Requested Drawdown Date definition

Requested Drawdown Date means a Business Day specified for a Disbursement of the Guaranteed Credits in any Notice of Borrowing delivered in accordance with Section 3.02.
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Requested Drawdown Date. [ ] Principal Amount: [ ] Interest Period: [ ] Name of vessel(s) to be refinanced: [ ] The proceeds of the Loan should be credited to [o] [insert name and number of account]. We confirm that, as of the date hereof (i) each condition specified in Clause 3 (Conditions precedent) of the Loan Agreement is satisfied; (ii) each of the representations and warranties set out in Clause 16 (Representations) of the Loan Agreement is true and correct; and (iii) no event or circumstances has occurred and is continuing which constitute or may constitute an Event of Non-compliance. Yours sincerely for and on behalf of Ship Finance International Limited By: __________________________________ Name: Title: [authorised officer] Form of Selection Notice To: DNB NOR BANK ASA Date: [o] [USD 1,131,439,219 term loan facility agreement dated [o] (the "Loan Agreement")]
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Requested Drawdown Date has the meaning given to such term in the relevant Drawdown Notice.
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Examples of Requested Drawdown Date in a sentence

  • Pursuant to §2A.3 of the Credit Agreement, you are invited to submit a competitive bid quote to the Borrower for the following proposed [LIBOR][Absolute] Competitive Bid Loan(s): Requested Drawdown Date Principal Amount Interest Period Such Competitive Bid Quotes should specify a Competitive Bid Margin in the case of a requested LIBOR Competitive Bid Loan, or a Competitive Bid Rate in the case of a requested Absolute Competitive Bid Loan.

  • If approved, a copy of the signed form will be sent to all parties as well as to OMB.

  • Drawdown Notice Amounts To be a minimum of 100 million yen and in increments of 100 million yen thereafter; provided that the foregoing is not required to be applied in the case of a request of a loan drawdown for the amount of the requested loan equal to the reasonably anticipated balance of the loan under the SSTL as of the Requested Drawdown Date.

  • If on or prior to the sixth Business Day prior to the Requested Drawdown Date, the Asset Management Division has determined that all conditions precedent are not fulfilled to the its satisfaction then it shall issue a Drawstop Notice to the Facility Agent (with a copy to the Operations Division).

  • Subordinated Syndicated Loan Agreement dated October 26, 2018, for Takeda Pharmaceutical Company Limited Deadline for delivery of Drawdown Notice to Lender 3 Days prior to the applicable Requested Drawdown Date.

  • Bullying/Cyber Bullying/Intimidation/Harassment/Hazing PolicyThe Jackson Parish School Board is committed to maintaining a safe, orderly, civil and positivelearning environment so that no student feels threatened while in school or participating in school-related activities.

  • If on or prior to the sixth Business Day prior to the Requested Drawdown Date the Asset Management Division has determined that all conditions precedent are not fulfilled to its satisfaction then it shall issue a Drawstop Notice to the Facility Agent and the L/C Bank (with a copy to the Operations Division).

  • If the Facility Agent determines that all required certificates and documentation in respect of the Disbursement to be provided by the Facility Agent to Ex-Im Bank in respect of the proposed Drawing have been provided, and no Drawstop Notice has been issued and not withdrawn, the Facility Agent shall issue a Drawing Certificate to the L/C Bank on the fourth Business Day prior to the Requested Drawdown Date.

  • The Facility Agent shall promptly after receipt of the Notice of Borrowing, but in no event later than four (4) Business Days prior to the Requested Facility Agreement AP082872XX-Singapore Drawdown Date, give the Lender notice of (i) the amount of the Disbursement and (ii) the Requested Drawdown Date for such amount.

  • The Mortgage Loan has not been prepaid in full and the Customer has not received any notification from the Mortgagor that a prepayment in full shall be made after the Requested Drawdown Date.


More Definitions of Requested Drawdown Date

Requested Drawdown Date. Means a business day during the Commitment Period on which the Borrower requests the disbursement of a loan, as set out in the relevant Drawdown Notice.
Sample 1
Requested Drawdown Date. [—] Principal Amount: [—] Interest Period: [—]
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Requested Drawdown Date. Principal Amount Interest Period(s)* Maturity Date** $ Such Competitive Bid Quotes should offer a Competitive Bid Rate. Capitalized terms which are used herein without definition and which are defined in the Credit Agreement shall have the same meanings herein as in the Credit Agreement. Please respond to this invitation by no later than 10:00 a.m. (Boston time) on the requested Drawdown Date to the attention of [ ] at facsimile number [ ]. BANKBOSTON, N.A., as Agent By:___________________________________ Title: -------------------- * Up to three Interest Periods may be specified. ** Last day of Interest Period Competitive Bid Quote BankBoston, N.A., as Agent 000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention:
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Requested Drawdown Date means (i) with respect to the Equity Bridge Loan Facility and the Working Capital Facility, the date requested by the Borrower for the making of such Loan and (ii) with respect to the Tranche A Facility and the Tranche B Facility each of the dates set forth in Schedule II to the Note Purchase Agreement and Schedule III to the Credit Agreement, as applicable.
Sample 1

Related to Requested 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;

  • 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.

  • 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.

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

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

  • 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);

  • 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;

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

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

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

  • 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.

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

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

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Available Facility Amount is defined in Section 2.2(a).

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

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

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

  • Available Commitment means a Lender’s Commitment minus:

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

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

  • 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.