Draft Instrument definition

Draft Instrument means, with respect to any Originated Collateral Obligation, a substantially final draft of the related loan agreement (or other principal document under which such Originated Collateral Obligation will be made).

Draft Instrument means, with respect to any Fund Asset originated by the Company, a substantially final draft of the related loan agreement (or other principal document under which such originated Fund Asset will be made).

Draft Instrument means, with respect to any Originated Collateral Obligation, a substantially final draft of (1) the related loan agreement (or other principal document under which such Originated Collateral Obligation will be made) and (2) any intercreditor agreement or other agreement among lenders. “Due Period” means, with respect to any Payment Date, the period commencing on the f irst calendar day of the calendar month in which the preceding Payment Date occurred (or in the case of the Due Period relating to the first Payment Date, beginning on the Closing Date) and ending on (and including) the last calendar day of the calendar month immediately prior to such Payment Date (or, in the case of a Due Period that is applicable to the Payment Date relating to the Maturity Date, ending on (and including) the Business Day immediately preceding such Payment Date). “Early Prepayment Date” means each of :

Examples of Draft Instrument in a sentence

• Recently, an UNCITRAL Working Group has started consideration of a Draft Instrument on Transport Law7 (hereafter Draft Instrument) and of whether the Draft Instrument, primarily designed to govern sea-carriage, should also apply to all multimodal contracts which include a sea-leg.

• It thus appears that the approach currently proposed in the Draft Instrument has very limited support across the spectrum of all interested parties.

• A small number of respondents expressly supported the approach adopted in the Draft Instrument.

• The declared intent of this provision is to ensure compatibility of the Draft Instrument with existing Transport Conventions containing mandatory provisions.

• Arguably, the carrier would be permitted to carry containerised cargo on deck despite an express contractual agreement to the contrary, but would lose the right to limit its liability in accordance with the Draft Instrument for loss or damage to the goods resulting exclusively from deck carriage (Art.

• Despite the attempted comprehensiveness of the Draft Instrument in dealing with the right of control, transfer of rights and rights of suit, there is no indication as to the point at which a document or electronic record issued pursuant to a charterparty governs the contractual relations between carrier and holder.

• In other respects, the provisions of the Draft Instrument would continue to apply.

• Each Draft Instrument contained standard language stating: “This draft when paid is payment in full for lease or conveyance covering the following described land: [enter description].” (ECF No. 150-30.)Each instrument contained the language “No Protest” and “Not a Cash Item.” (Id.) The Drafts further provided that: (Id.)[t]he payor shall have _ banking days after receipt of this draft by the collecting bank, whether accompanied by other papers or not, for title examination and for payment.

• It is sensible to provide clearly in the Draft Instrument that a party who is not the original contracting shipper may rely conclusively against the carrier on a statement in the transport document/electronic record that freight has been prepaid.

• Step 3: Draft Instrument - After considering comments from the Corps, the IRT, and the public, if the sponsor chooses to proceed with the proposal to establish a mitigation bank or ILFP, the sponsor must submit a complete draft instrument to the Corps.

More Definitions of Draft Instrument

Draft Instrument means a draft Scottish statutory instrument laid before the Scottish Parliament in accordance with the provisions of any enactment;