Draw definition

Draw means the disbursement of funds to a Development.

Draw for any Mortgage Loan means an additional borrowing by the mortgagor after the Cut-off Date, in accordance with the related Mortgage Note.

Draw means, with respect to each HELOC, an additional borrowing by the Mortgagor in accordance with the related Credit Line Agreement.

Examples of Draw in a sentence

• Each Draw Request shall be organized to account for applicable reimbursement requirements and to facilitate the reimbursement process.

• In addition, the Draw Request for a monthly payment must be accompanied by an attached report containing information that TxDOT can use to verify the Draw Request and monthly payment and all components of the liquidated damages, Key Personnel Change Fees, and Noncompliance Charges for the prior month.

• DB Contractor acknowledges that TxDOT may obtain funding for portions of the Maintenance Services from the federal government, local agencies and other third parties, and DB Contractor agrees to segregate Draw Requests for all such Maintenance Services in a format reasonably requested by TxDOT and with detail and information as reasonably requested by TxDOT.

• Each period shall be determined by the progress percentages which are calculated by dividing the DB Contractor’s earned to date amount set forth in the most recent Draw Request by the Price.

• Each Draw Request shall be executed by DB Contractor’s Authorized Representative and Maintenance Quality Manager.

More Definitions of Draw

Draw. With respect to any Mortgage Loan, an additional borrowing by the Mortgagor subsequent to the Cut-Off Date in accordance with the related Credit Line Agreement.

Draw. With respect to any Mortgage Loan, a borrowing by the related Mortgagor under the related Loan Agreement.

Draw means the approved selection process by which the winner(s) are determined on a random basis.

Draw means in draw poker, the taking of additional cards by a player; Eff 10/30/2008

Draw means the disbursement of funds to a HOME Project.

Draw. With respect to any HELOC, a borrowing by the related Mortgagor under the related Loan Agreement.

Draw. With respect to any HELOC Mortgage Loan, an additional borrowing by the Mortgagor subsequent to the Cut-Off Date in accordance with the related Credit Line Agreement.