Examples of Term Drawing in a sentence
To the extent that the Administrative Agent receives interest payable on account of any Pledged Bonds such interest received shall be applied and credited first against accrued and unpaid interest on the Tender Advance Revolving Loan that financed the Term Drawing in respect of which such Pledged Bonds were purchased.
Telekabel Wien shall also deliver to the Agent original Telekabel Notes the details of which correspond with the relevant Term Drawings in respect of each Term Drawing outstanding to Telekabel Wien either on consolidation pursuant to clause 4.10(b) or together with any relevant notice given pursuant to clause 4.11.
If more than one Term Drawing made against the issue by Telekabel Wien of a Telekabel Note is outstanding each such Term Drawing shall be of a Euro Amount which is a minimum of Euro 8,000,000 (unless such Telekabel Note is to be issued in Austrian Schillings in which event it shall be of a minimum amount of Austrian Schillings 100,000,000) and, in the case of any such Term Drawing in euro, an integral multiple of Euro 2,000,000 or the balance of the Facility B Total Commitments.
The relevant Borrower may by notice received by the Agent not later than 10 a.m. on the third Banking Day before the beginning of each Interest Period in respect of a Term Drawing specify whether such Interest Period shall have a duration of one month or two, three or six months or (with the prior agreement of all of the Banks) any other period.
We sampled the biota at depths of 20, 40, 60, 80, 100, 120, 250 and 400 m, and found significant differences in their composition at the different depths.
The Agent shall notify the relevant Borrower and the Banks promptly of the amount of each Term Drawing, the duration of each Interest Period or other period for the calculation of interest (or, as the case may be, default interest) and of each rate of interest determined by it under this clause 5.
Drummond Project Manager - NuclearLouisiana Power and Light Company317 Baronne StreetNew Orleans, Louisiana 70160Mr. K.
Upon receipt of any such request for payment from Issuing Bank, each Bank shall pay to Issuing Bank such Bank's Proportionate Share of the applicable portion of such Term Drawing Payment, together with interest thereon at a per annum rate equal to the Federal Funds Rate, as in effect from time to time, from the date of such Term Drawing Payment to the date on which such Bank makes payment.
Agent may, if it so elects (but shall have no obligation to), treat any Term Drawing Payment as a Prime Loan.
If more than one Term Drawing (other than a Term Drawing made against the issue by Telekabel Wien of a Telekabel Note) is outstanding each such Term Drawing shall be of a Euro Amount which is a minimum of Euro 10,000,000 and, in the case of such a Term Drawing in euro, an integral multiple of Euro 5,000,000 or the balance of the Facility B Outstandings.