Common use of Drawdown of the Loan Clause in Contracts

Drawdown of the Loan. 3.1. The principal amount of the Loan referred to in Section 1.1 herein shall be available in 2 (two) drawings of a minimum amount of USD$ 42,500 (Forty-Five Thousand, Five Hundred Dollars) and USD$ 57,500 (Fifty-Seven Thousand, Five Hundred Dollars) 3.2. The date of the disbursement of the principal amount of the Loan or any portion of it shall be considered the date of crediting a respective amount to the bank account of the Borrower in an authorized bank.

Drawdown of the Loan. 3.1. The principal amount of the Loan referred to in Section 1.1 herein shall be available in 2 (two) drawings of a minimum amount of USD$ 42,500 50,000 (Forty-Five Thousand, Five Hundred Fifty Thousand Dollars) and USD$ 57,500 (Fifty-Seven Thousand, Five Hundred Dollars)each. 3.2. The date of the disbursement of the principal amount of the Loan or any portion of it shall be considered the date of crediting a respective amount to the bank account of the Borrower in an authorized bank.

Drawdown of the Loan. 3.1. The principal amount of the Loan referred to in Section 1.1 herein shall be available in 2 1 (twoone) drawings drawing of a minimum total amount of USD$ 42,500 400,000 (Forty-Five Thousand, Five Hundred Dollars) and USD$ 57,500 (Fifty-Seven Thousand, Five Hundred Four hundred thousand Dollars). 3.2. The date of the disbursement of the principal amount of the Loan or any portion of it shall be considered the date of crediting a respective amount to the bank account of the Borrower in an authorized bank.

Drawdown of the Loan. 3.1. The principal amount of the Loan referred to in Section 1.1 herein shall be available in 2 1 (twoone) drawings drawing of a minimum the amount of USD$ 42,500 111,970 (Forty-Five Thousand, Five One Hundred Dollars) and USD$ 57,500 (Fifty-Seven Thousand, Five Eleven Thousand Nine Hundred and Seventy Dollars). 3.2. The date of the disbursement of the principal amount of the Loan or any portion of it shall be considered the date of crediting a respective amount to the bank account of the Borrower in an authorized bank.