Drawdown Period. The drawdown period for all types of facilities hereunder shall commence from October 30th, 2009 and end on October 29th, 2010. Subject to the terms and conditions hereof, the Applicant may, within the drawdown period, apply to the Bank for approval of making a drawdown in accordance with the requirements agreed between the parties.
Drawdown Period. (a) The Drawdown Period under this Contract shall be 1 year, beginning as from December 24, 2008 and ending as of December 23, 2009.
(b) The Borrower may make drawdowns during the Drawdown Period only. Upon expiry of the Drawdown Period, the undrawn portion of the Loan Commitment Amount shall be cancelled automatically.
(c) The Drawdown Period shall not be extended without the consent of the Lender. Should the Borrower need to extend the Drawdown Period, it shall submit to the Lender a written application therefor 30 days before the expiry of the Drawdown Period. Only upon written consent of the Lender shall the Drawdown Period be extended.
Drawdown Period. If any Milestones have not been achieved by the last day of the Drawdown Period, the Facility shall be cancelled to the extent not borrowed, unless agreed otherwise in writing by Wellcome.
Drawdown Period. The Drawdown Period shall begin on the effective date herein and end on the earlier of (a) the day immediately preceding the first anniversary of the effective date, and (b) the date when the total principal amount of the Loan has been withdrawn.
Drawdown Period. The UFSWQD may make Loan draws from July 1, 2021, through June 1, 2026 (the “Drawdown Period”).
Drawdown Period. The drawdown period of each individual credit authorization type in the Agreement shall be March 4, 2022 to March 3, 2023. Where the Contracting Party meets the terms and conditions set forth by the parties, it may draw from the credit authorization based on the method and documents agreed by the parties in the drawdown period specified in this Article after obtaining the approval of the Bank.
Drawdown Period. Subject to the terms of this Agreement, an Advance shall be made to the Borrower at any time during the Drawdown Period when requested by means of a Drawdown Notice in accordance with this Clause 5. At the close of business on the day of the Drawdown Period the undrawn amount of each Bank's Commitment shall be automatically cancelled.
Drawdown Period. (a) The duration of the Drawdown Period shall be 1 month, from December 30, 2007 to January 29, 2007.
(b) The Facility can only be made to the Borrower within the Drawdown Period. At the close of the Drawdown Period, the undrawn amount of the Facility shall be automatically cancelled.
(c) Drawdown Period shall not be postponed without consent from the Lender. In the event where the Borrower needs to postpone the Drawdown Period, a written notice shall be submitted to the Lender 3 days prior to the close of the Drawdown Period. The Drawdown Period can be postponed with the written approval from the Lender.
Drawdown Period. 4.1 The CREDIT may be drawn within a period of thirty-six (36) months from the day of entering into force of the CONTRACTS (hereinafter referred to as the "DRAWDOWN PERIOD"). Should this period be expired, and the CREDIT not be totally drawn, then the LENDER may authorise new drawdowns if requested by the BORROWER and provided that the prior approval in writing of CESCE has been obtained.
4.2 The LENDER may authorise automatically, and without any further requirement, drawdowns for an additional period of two (2) months following the expiry date of the DRAWDOWN PERIOD, taking into account that the documents presented, required to proceed with the corresponding disbursement, would be dated prior or on the expiry date of the DRAWDOWN PERIOD.
Drawdown Period. 8 5.2 Conditions to each Advance................................ 8 5.3