Examples of Draw Date in a sentence

A put option premium in an amount equal to 6.00% of the principal amount of the Backstop Commitments shall be paid in additional DIP Term Loans to the Backstop Parties on the Initial Draw Date, ratably based on their respective Backstop Commitments on the Initial Draw Date.
Closing Fee: 4.00% of the principal amount of the DIP Term Facility shall be paid in additional DIP Term Loans to the Backstop Parties on the Initial Draw Date, ratably based on their respective Backstop Commitments on the Initial Draw Date, which Closing Fee shall be shared with the other Term Lenders pursuant to the Syndication Procedures.
The principal amount of DIP Term Loans advanced on the Initial Draw Date will be deemed increased by an amount equal to the Put Option Premium and the Closing Fee.
Interest shall accrue each day on any LIBOR Rate Loan, from and including the Draw Date to, but not including, the date such LIBOR Rate Loan is paid in full (or converts to a Base Rate Loan), at the LIBOR Rate in effect for that day.
The following terms will be used as definitions of the fields on Exhibits 1-4: Actual Draw Date – The actual date the State agency requested the reimbursement from the Federal granting agency.

More Definitions of Draw Date

Draw Date means, in relation to each Loan, the date that such Loan is made or deemed to be made to Borrower pursuant to this Note.

Draw Date means, with respect to any Payment Date, the third Business Day (as defined in the Policy) immediately preceding such Payment Date.

Draw Date means in relation to each Loan, the date that such Loan is made or deemed to be made to Borrower pursuant to this Agreement.

Draw Date. With respect to any Distribution Date, the third Business Day immediately preceding such Distribution Date.

Draw Date has the meaning specified in Section 2(b)(i).

Draw Date means, in relation to any Loan, the Business Day on which such Loan is made, or to be made, to Borrower pursuant to the Note.

Draw Date means the date of any Draw.