Draw Amount means, with respect to any Letter of Credit, the amount necessary to settle the obligations of any L/C Issuer under any draft or demand made under such Letter of Credit.
Draw Amount means, with respect to any Transfer Date, the least of (a) the Deficiency Amount for such Transfer Date, (b) the Available Subordinated Amount as of the end of the preceding Transfer Date and (c) Available Draw Funds for such Transfer Date.
Draw Amount. As defined in Section 6.05(b)(iii).
Examples of Draw Amount in a sentence
The number of Draw Shares issued to the Investor is based on the Draw Amount divided by the Discounted Last Closing Price (as such term is defined in the Agreement) of $[●].
More Definitions of Draw Amount
Draw Amount is defined in Section 2.2.4.
Draw Amount has the meaning set forth in Section 5.7.
Draw Amount shall have the meaning assigned to it in Section 2.1(g).
Draw Amount means the initial funding by Lender hereunder or any subsequent funding, each such occurrence a “Draw”.
Draw Amount means the Drawdown Notice Shares referenced in the Drawdown Notice multiplied by the Purchase Price.
Draw Amount means the amount drawn under an Interest Draw or a Working Capital Draw, as the case may be.
Draw Amount has the meaning specified in Section 5.06(b) of the Sale and Servicing Agreement.