Draw Certificate definition

Draw Certificate means, with respect to each draw under the Bonds, a certificate of the Company, approved by the Owners of all of the Bonds, such approval to be evidenced by their execution thereof, in substantially the form attached hereto as Exhibit C.

Draw Certificate means that certain schedule, updated from time to time and signed by Lender and Payor, evidencing the initial amount funded by Lender and the amount funded under each subsequent draw (if any), as well as any repayments of principal or interest that have occurred subsequent to the initial funding hereunder.

Draw Certificate means the City’s certificate requesting a Draw, which shall be in substantially the form attached hereto as Exhibit A.

Examples of Draw Certificate in a sentence

• In clarification, we agree to honor the Draw Certificate as specified in the preceding sentences, without regard to the truth or falsity of the assertions made therein.

• We hereby agree to honor a drawing hereunder made in compliance with this Letter of Credit by transferring in immediately available funds the amount specified in the Draft delivered to us in connection with such drawing to such account at such bank in the United States as you may specify in your Draw Certificate.

• If the Draw Certificate is presented to us at such address by 12:00 noon, [] time on any Business Day, payment will be made not later than our close of business on third succeeding business day and if such Draw Certificate is so presented to us after 12:00 noon, [ _] time on any Business Day, payment will be made on the fourth succeeding Business Day.

• In clarification, we agree to honor the Draw Certificate upon receipt thereof, without regard to the truth or falsity of the assertions made therein.

• CCO will commission scheduled independent financial audits of the project accounts and share them with Fund.The Manger of CCO will be hired as a national consultant to lead the process and will have the responsibilities of project implementation activities and completion of agreed work plan, with involvement in all activities of the incep- tion phase to start up the process.

More Definitions of Draw Certificate

Draw Certificate means the Certificate to be executed in connection with each Draw as required by Section 10(G) hereof, the form of which is attached as Exhibit B.

Draw Certificate means the Certificate to be executed in connection with each Draw as required by Section 10(F) hereof, the form of which is attached as Exhibit B.

Draw Certificate has the meaning given thereto in Section 6. “Event of Default” has the meaning given thereto in Section 22. “Facility Amount” has the meaning given thereto in Section 6.

Draw Certificate means a certificate in the form of Exhibit 3.2 hereto, to be provided by the Borrower to the Agent and each of the Banks pursuant to Section 3.2 hereof in order to request that each Bank make a Revolving Loan or the Agent issue a Letter of Credit pursuant to the terms of this Agreement.

Draw Certificate means that certain schedule, updated from time to time, evidencing the initial amount funded under this Agreement and the amount funded under each subsequent draw (if any), as well as any repayments of principal or interest that have occurred subsequent to the Closing.

Draw Certificate has the meaning specified in Section 7.5.

Draw Certificate means a request for a Draw submitted to the Bank by the City Finance Director substantially in the form shown in Exhibit A, attached to this Ordinance and incorporated herein by this reference.