Common use of Final Drawing Clause in Contracts

Final Drawing. Upon receipt from the Initial Credit Facility Provider of a Termination Notice with respect to the Initial Credit Facility, the Cash Manager shall, not later than the date specified in such Termination Notice, in accordance with the terms of the Initial Credit Facility, request a drawing under the Initial Credit Facility of the Available Amount thereunder (a “Final Drawing”). Proceeds of a Final Drawing shall be deposited into the Credit Facility Reserve Account for application in accordance with Section 3.12(f) hereof.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

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Final Drawing. Upon receipt from the Initial Credit Facility Provider of a Termination Notice with respect to the Initial Credit Facility, the Cash Manager shall, not later than the date specified in such Termination Notice, in accordance with the terms of the Initial Credit Facility, request a drawing under the Initial Credit Facility of the Available Amount thereunder (a "Final Drawing"). Proceeds of a Final Drawing shall be deposited into the Credit Facility Reserve Account for application in accordance with Section 3.12(f) hereof.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

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