Examples of Term B Draw Period in a sentence
Subject to the terms and conditions of this Agreement, during the Term B Draw Period, Bank shall make one (1) advance (the “Term B Loan Advance”) available to Borrower in an amount of up to Two Million Dollars ($2,000,000.00).
Subject to the Borrower having first achieved the Term B Milestone by the expiration of the Term B Draw Period and the other terms and conditions of this Agreement, the Lenders agree, severally and not jointly, to make a term loan to Borrower during the Term D Draw Period in an aggregate principal amount of up to Twenty Million ($20,000,000.00) according to each Lender’s Term Loan Commitment as set forth in Schedule 1.1 hereto (the “ Term D Loan”).
Subject to the terms and conditions of this Agreement, the Lenders agree, severally and not jointly, to make a term loan to Borrower during the Term B Draw Period in an aggregate principal amount of up to an amount equal to Seventeen Million Five Hundred Thousand Dollars ($17,500,000.00), according to each Lender’s Term Loan Commitment as set forth on Schedule 1.1 hereto (the “ Term B Loan”).
Although the Secretariat attempted to estimate what those increases might be when preparing the budget, it was impossible to predict their precise level.
Subject to the terms and conditions of this Agreement, the Lenders agree, severally and not jointly, to make a term loan to Borrower during the Term B Draw Period in an aggregate principal amount of up to Twenty Million ($20,000,000.00) according to each Lender’s Term B Loan Commitment as set forth in Schedule 1.1 hereto (the “ Term B Loan”).