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.
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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.
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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]. Repayment of the Loan 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].
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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.
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Loan Drawdown respect to
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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].
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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.
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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:
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Loan Drawdown 
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Related to Loan Drawdown

  • Term Loan The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay the Term Loan in whole or in part together with the applicable Prepayment Premium; provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three Business Days prior to any date of prepayment of LIBOR Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B) any such prepayment of LIBOR Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (C) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (D) any prepayment of the Term Loan shall be applied in the inverse order of maturity with respect to the remaining amortization payments. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a LIBOR Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. On the date of any voluntary prepayment of any Term Loan pursuant to this Section 2.05(a)(ii), the Borrower shall pay to the Administrative Agent, for the benefit of the Lenders, whether before or after an Event of Default, the applicable Prepayment Premium. Subject to Section 2.15, each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages.

  • Term Loan Advances Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating per annum rate equal to the Prime Rate, plus three-quarters of one percent (0.75%), which interest shall be payable monthly in accordance with Section 2.1.2(b) above and Section 2.3(d) below.

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