Desired Drawdown Date definition

Desired Drawdown Date means the Business Day during the Commitment Term that the Borrower designates in the Drawdown Request as the date on which the Borrower desires to drawdown a Loan.
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Desired Drawdown Date means the Business Day (excluding the Expiration Date) during the Term that the Borrower designates in the Drawdown Application as the date on which the Borrower desires to drawdown an Individual Loan.
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Desired Drawdown Date means collectively, the Desired Drawdown Date A and Desired Drawdown Date B.
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Examples of Desired Drawdown Date in a sentence

  • The Borrower has not breached any provision of this Agreement, and there is no threat that such breach may occur on or after the Desired Drawdown Date.

  • DRAWDOWN REQUEST 5.1 If the Borrower desires to drawdown a Loan pursuant to this Agreement, the Borrower shall indicate to the Lender its intention to request a drawdown by submitting the Drawdown Request by facsimile by 9:00 AM of the 3 Business Day prior to the Desired Drawdown Date.

  • Market risk (exchange rate, interest rate, and price risk) Given the nearly complete absence of financial debt, there are no financial risks associated with interest-rate movements.

  • If the Borrower desires to drawdown a Loan A pursuant to this Agreement, the Borrower shall submit to the Agent a document specifying the matters set forth under each of the following items, indicating its intention to apply for a drawdown (the “Drawdown Application”), by 10 a.m. on the third (3rd) Business Day prior to the Desired Drawdown Date A.

  • The Borrower shall, during the Business Day immediately preceding the Desired Drawdown Date A, submit to the Agent a written confirmation stating its approval of the Reduced Drawdown.

  • After such Temporary Advancement, the relevant Lender A shall remit the full equivalent amount of the Individual Loan A Money to the Agent’s Account by 11 a.m. on the Desired Drawdown Date A, and if such remittance is not completed by that time, the Lender A shall, promptly upon the Agent’s request, pay to the Agent the Temporary Advancement Costs required in making such Temporary Advancement.

  • The Fixed Trust Property Value on the most recent Trustee’s Regular Report or the Trustee’s Extraordinary Report, whichever is the most recent as of 11 a.m. on the Business Day immediately preceding the Desired Drawdown Date A set forth in the Drawdown Application, is maintained at an amount that is no less than the Total Outstanding Balance A after making such Loan A.

  • If such written confirmation is not submitted during the Business Day immediately preceding the Desired Drawdown Date A, the Lender A may elect not to make the Reduced Drawdown.

  • If the Borrower desires to drawdown an Individual Loan pursuant to this Agreement, the Borrower shall indicate to the Lender its intention to apply for a drawdown by submitting the Drawdown Application to the Lender by 11:00 A.M. of the second Business Day prior to the Desired Drawdown Date.

  • For US GAAP purposes, these items are included in each of their respective line items.


More Definitions of Desired Drawdown Date

Desired Drawdown Date. (jikko-kibobi) means the Business Day [[* If a Maturity Date is not permitted to be set after the Commitment Term Expiration Date.] (excluding the Commitment Term Expiration Date)] during the Commitment Term that the Borrower designates in the Drawdown ApplicationDrawdown Request as the date on which the Borrower desires to drawdown a Loan.
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Related to Desired Drawdown Date

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Drawdown means a drawdown of an Advance;

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Credit Event Amount With respect to each Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.