Examples of Drawdown Notice in a sentence
Terms defined in the Loan Agreement have the same meaning in this Drawdown Notice unless given a different meaning in this Drawdown Notice.
At the same time as serving a Drawdown Notice on an Appointed Operator, the Freight Customer shall notify that Appointed Operator of the Freight Customer's communication particulars as set out in Schedule 1 (as the same may have been amended in accordance with Clause 18.4.2).
The Lender shall, for same day value on the Drawdown Date specified by the Borrower in a Drawdown Notice, pay to the Borrower the full principal amount of such Drawdown in accordance with the payment instructions set forth in the applicable Drawdown Notice.
A Drawdown Notice, Conversion Notice, Rollover Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lender may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.
Unless otherwise expressly defined herein, capitalized terms set forth in this Drawdown Notice shall have the respective meanings set forth in the Credit Agreement.