Loan Drawdown Sample Clauses

Loan Drawdown. The Lender shall deposit the Total Principal to a designated Company bank account, for the sole purpose of increasing the registered capital of the Company before December 31, 2018.

Loan Drawdown. 1. The loan shall be drawn upon fulfillment of conditions precedent set forth in the Agreement within 30 days as of the Agreement date, in accordance with the lending capacity of the Bank, unless otherwise stipulated in the Agreement. 2. Loan shall be drawn in the currency in which it is approved. 3. Loan shall be utilized in one lump sum by being disbursed to the Client's account maintained with the Bank, unless otherwise stipulated in the Agreement. 4. Failure by the Client to draw the loan in whole or in part during the drawdown period shall be construed as waiver by the Client to draw the loan in whole or part of the loan. 5. During the availability/draw period of the revolving loan, upon repayment of an individual tranche the Client shall have the right to redraw the tranche provided that the total balance of outstanding unpaid tranches shall not exceed the principal balance of the revolving loan from which tranches are drawn and that there are no overdue amounts payable in respect of the tranche/-s drawn.

Loan Drawdown. 2.1 The Borrower may receive the Loan in one or more Advances upon delivery of an Advance Request in the form attached to this Agreement as Exhibit 1 no later than one Business Day before the date of the requested Advance (the “Advance Date”) as long as, after giving effect to the requested Advance, the amount of the Loan advanced and not repaid will not be greater than the Maximum Loan Amount. 2.2 As used in this Agreement, “Business Day” means a day on which banks in Moscow are open for business generally and banks in New York are open for dealings in US Dollars in the interbank market.

Loan Drawdown. The Creditor agrees to provide the Debtor with the Loan [Select: by a bank transfer/ in cash] deposited into the Debtor’s bank account numbered [Textinput: Insert IBAN], kept with [Textinput: Your bank], by [Date]. The Debtor agrees to repay the Loan to the Creditor by [Date]. The Debtor agrees to repay the Loan to the Creditor in [Textinput] installments, as follows: the installment in the amount of [Money] shall be paid by [Date];

Loan Drawdown. The Lender agrees to provide the Borrower with the Loan [Select: by a bank transfer/ in cash] to the bank account of the Borrower No. [Textinput: bank account no.], kept with [Textinput] [Select: at the execution of this Agreement / within], within [Date].

Loan Drawdown. 2.1 The Borrower may receive the Loan in one or more Advances upon delivery of an Advance Request in the form attached to this Agreement as Exhibit 1 no later than one Business Day before the date of the requested Advance (the “Advance Date”) as long as, after giving effect to the requested Advance, the amount of the Loan advanced and not repaid will not be greater than the Maximum Loan Amount. 2.2 As used in this Agreement, “Business Day” means a day on which banks in the California are open for dealings in US Dollars in the interbank market.

Loan Drawdown. 7.1 In the event that all or any of the Loan is drawn in accordance with the terms of the Loan Agreement: 7.1.1 LJ shall be entitled to require GA to transfer to him such further number of the Company’s shares as, when aggregated with the number of the Company’s shares subscribed for by LJ pursuant to clause 2.1.6, is required to constitute 15% of the issued share capital of the Company at the date the first drawdown is made under the Loan Agreement; and 7.1.2 clause 8 shall apply. 7.2 For the avoidance of doubt any transfer of shares from GA to LJ pursuant to clause 7.1.1 shall be a Permitted Transfer in accordance with the Articles.

Loan Drawdown. 2.1 The Borrower may receive the Loan in one or more Advances upon delivery of an Advance Request or in multiple denominations ordered by the Lender.

Loan Drawdown respect to 1) The drawing down of the loan depends on the delivery of a written drawdown request with an authenticated signature(s) of the person(s) authorised to sign for the Client, and unless otherwise determined in the Agreement, it is also contingent on the following conditions precedent: (i) the Bank has received all the documents referred to in the respective Chapter of the Agreement and these documents are satisfactory to the Bank both in form and content; and (ii) any other conditions precedent, contained in the Agreement, are met. The earliest loan drawdown date shall be the nearest Business Day following the date on which the Client met the conditions set out in Article II Paragraphs 1 and 2 of these Loan Conditions. 2) Loan drawdown is also contingent on other conditions precedent and these conditions precedent are as follows: a) as at the date of delivery of the request (or written notification in cases where a request is not required under the Agreement) and as at the drawdown date in respect of the relevant drawdown of funds: (i) any and all representations and warranties provided by the Client in the Agreement or reiterated later under the Agreement are true and it is obvious that they will remain true within the foreseeable immediate future following the drawdown; (ii) there is no Default and no such case can arise as a result of loan drawd wn; b) the Bank has received all other documents, opinions, certificates, approvals and assurances as may be reasonably required in relation to the drawdown of the loan. 3) The Bank may refuse to allow the loan to be drawn down, should it learn that a Default has occurred. However, this available to be drawn if there exists reasonable concern that the Client’s repre entations and/ or warranties given to the Bank to the extent specified in Article I. Paragraph 6 of these Loan Conditions, or in the Agreement, are not true or administrative body or any other generally binding legal regulation (particularly Act no. 253/2008 Coll., on selected measures against legitimisation of proceeds of crime and financing of terrorism, as amended), that stipulate the Bank´s duties or have another impact on the Bank´s management or legal status, especially the respective law measures of the Czech National Bank decree or 4) Unless otherwise agreed in the Agreement, the Client shall open a repayment current account for the purposes of the loan. The Bank shall transfer the funds (to provide the loan to the Client) from the l...

Loan Drawdown