Common use of Drawdown Clause in Contracts

Drawdown. This clause 2 does not apply to a facility account that is: • a construction facility, until the date of final advance. We make progressive advances on a construction facility. Please see clause 14 for details relating to progressive advances; or • a fixed rate facility. Please see clause 15 for more details on drawing down a fixed rate facility account. We will make the facility amount available to you by one or more drawdowns. The sum of drawdowns on a facility account must not exceed the facility amount. We will make the first drawdown on a facility account on your written instructions or those of your conveyancer or solicitor. You can make other drawdowns by using StarNet or by making a written request to Xxxxxxxxxx. You must make a drawdown on your loan within 90 days of the disclosure date set out in the schedule or we may cancel your loan. If you think you will need an extension you should contact us to discuss your options before the relevant date. You can make drawdowns on your loan by making a written request to Xxxxxxxxxx. We may make other drawing methods available to you like direct debit. Please ask Advantedge for details of drawing methods that may be available on your loan. [The amount needs to be in the schedule]. If you wish to make a drawdown on a facility account after the settlement date for the account by making a written request to us, we must receive your request at least two business days before the date you want the funds. We may charge you a fee for a drawdown that you make by a written request to us. You can ask Advantedge for the details of the most current fees on your loan.

Drawdown. This clause 2 does not apply to a facility account that is: • a construction facility, until the date of final advance. We make progressive advances on a construction facility. Please see clause 14 for details relating to progressive advances; or • a fixed rate facility. Please see clause 15 for more details on drawing down a fixed rate facility account. We will make the facility amount available to you by one or more drawdowns. The sum of drawdowns on a facility account must not exceed the facility amount. We will make the first drawdown on a facility account on your written instructions or those of your conveyancer or solicitor. You can make other drawdowns by using StarNet or StarCall or by making a written request to Xxxxxxxxxxus or through your mortgage manager. You must make a drawdown on your loan within 90 days of the disclosure date set out in the schedule or we may cancel your loan. If you think you will need an extension you should contact us to discuss your options before the relevant date. You can make drawdowns on your loan by making a written request to Xxxxxxxxxxus or through your mortgage manager. We may make other drawing methods available to you like direct debitdebits, debit cards and cheques. Please ask Advantedge your mortgage manager for details of drawing methods that may be available on your loan. [The amount needs to be in the schedule]. If you wish to make a drawdown on a facility account after the settlement date for the account by making a written request to us, we must receive your request at least two business days before the date you want the funds. We may charge you a fee for a drawdown that you make by a written request to us. You can ask Advantedge your mortgage manager for the details of the most current fees on your loan.your

Drawdown. This clause 2 does not apply to a facility account that is: • a construction facility, until the date of final advance. We make progressive advances on a construction facility. Please see clause 14 for details relating to progressive advances; or • a fixed rate facility. Please see clause 15 for more details on drawing down a fixed rate facility account. We will make the facility amount available to you by one or more drawdowns. The sum of drawdowns on a facility account must not exceed the facility amount. We will make the first drawdown on a facility account on your written instructions or those of your conveyancer or solicitor. You can make other drawdowns by using StarNet or StarCall or by making a written request to XxxxxxxxxxAdvantedge. You must make a drawdown on your loan within 90 days of the disclosure date set out in the schedule or we may cancel your loan. If you think you will need an extension you should contact us to discuss your options before the relevant date. You can make drawdowns on your loan by making a written request to Xxxxxxxxxx. We may make other drawing methods available to you like direct debitdebit or, debit card. Please ask Advantedge for details of drawing methods that may be available on your loan. [The amount needs to be in the schedule]. If you wish to make a drawdown on a facility account after the settlement date for the account by making a written request to us, we must receive your request at least two business days before the date you want the funds. We may charge you a fee for a drawdown that you make by a written request to us. You can ask Advantedge for the details of the most current fees on your loan.

Drawdown. This clause 2 does not apply to a facility account that is: • a construction facility, until the date of final advance. We make progressive advances on a construction facility. Please see clause 14 for details relating to progressive advances; or • a fixed rate facility. Please see clause 15 for more details on drawing down a fixed rate facility account. We will make the facility amount available to you by one or more drawdowns. The sum of drawdowns on a facility account must not exceed the facility amount. We will make the first drawdown on a facility account on your written instructions or those of your conveyancer or solicitor. You can make other drawdowns by using StarNet or StarCall via My UHomeLoan or by making a written request to Xxxxxxxxxxus or to UBank. You must make a drawdown on your loan within 90 days of the disclosure date set out in the schedule or we may cancel your loan. If you think you will need an extension you should contact us to discuss your options before the relevant date. You can make drawdowns on your loan by making a written request to Xxxxxxxxxxus or to UBank. We may make other drawing methods available to you like direct debitdebits. Please ask Advantedge UBank for details of drawing methods that may be available on your loan. [The amount needs to be in the schedule]. If you wish to make a drawdown on a facility account after the settlement date for the account by making a written request to usus or through UBank, we must receive your request must be received at least two business days before the date you want the funds. We may charge you a fee for a drawdown that you make by a written request to us. You can ask Advantedge your mortgage manager for the details of the most current fees fee on your loan.

Drawdown. This clause 2 does not apply to a facility account that is: • a construction facility, until the date of final advance. We make progressive advances on a construction facility. Please see clause 14 for details relating to progressive advances; or • a fixed rate facility. Please see clause 15 for more details on drawing down a fixed rate facility account. We will make the facility amount available to you by one or more drawdowns. The sum of drawdowns on a facility account must not exceed the facility amount. We will make the first drawdown on a facility account on your written instructions or those of your conveyancer or solicitor. You can make other drawdowns by using StarNet or StarCall or by making a written request to Xxxxxxxxxxus or through your mortgage manager. You must make a drawdown on your loan within 90 days of the disclosure date set out in the schedule or we may cancel your loan. If you think you will need an extension you should contact us to discuss your options before the relevant date. You can make drawdowns on your loan by making a written request to Xxxxxxxxxxus or through your mortgage manager. We may make other drawing methods available to you like direct debitdebits and cheques. Please ask Advantedge your mortgage manager for details of drawing methods that may be available on your loan. [The amount needs to be in the schedule]. If you wish to make a drawdown on a facility account after the settlement date for the account by making a written request to us, we must receive your request at least two business days before the date you want the funds. We may charge you a fee for a drawdown that you make by a written request to us. You can ask Advantedge your mortgage manager for the details of the most current fees on your loan.your