Draw Down definition

Draw Down shall have the meaning assigned to such term in Section 6.1(a) hereof.

Draw Down shall have the meaning assigned to such term in Section 3.01 hereof.

Draw Down shall have the meaning assigned to such term in Section 5.1(a) hereof.

Examples of Draw Down in a sentence

• Notwithstanding the foregoing or anything to the contrary in this Amended SPA, if the Series G Designated Amount is equal to zero and no amount other than the Series F Closing Drawdown Amount is drawn by the Company under the Series F Drawdown Right between the Announcement Date and the Closing Date, the Draw Down Right shall not be created and no shares of Series G Preferred Stock shall be provided to the Investor as part of the Securities Exchange.

• The Investor shall not transfer or hedge in any manner (including through the entry into cash-settled derivative instruments) the Series G Preferred Stock prior to the Termination Date; provided that the Investor may transfer the Series G Preferred Stock, in whole or in part, to a special purpose vehicle wholly-owned by the Investor; provided, further, that any such transfer shall not relieve the Investor of its obligations under or in respect of the Draw Down Right.

• For the avoidance of doubt, Purchaser retains the right to purchase the $0.5 million of Draw Down Number 8 that is not part of the Committed Demand Notes as specified in Section 3.2 of the Sixth Amendment.

• Amounts provided under the Draw Down Right shall be used to fund the purchase from the FRBNY of AIA/ALICO Preferred Units in accordance with Section 2.07 or may be used by the Company for general corporate purposes; provided that no funds provided to the Company pursuant to the Draw Down Right shall be used to pay annual bonuses or other future cash performance awards to executives of the Company or employees of the Company and its subsidiaries who participate in the Company’s Senior Partners Plan.

• The conditions to each party’s obligation to consummate the Securities Exchange and the Draw Down Right Exchange and the conditions to the Investor’s providing funds to the Company on a Drawdown Date or a Deferred Exchange Date are for the sole benefit of such party and may be waived by such party in whole or in part to the extent permitted by applicable law.

More Definitions of Draw Down

Draw Down means the transactions contemplated under Section 6.01 of this Agreement.

Draw Down means the transactions contemplated under Section 6.1 of this Agreement.

Draw Down means each occasion the Company elects to exercise its right to deliver a Draw Down Notice requiring the Investor to purchase the Common Shares as specified in such Draw Down Notice, subject to the terms and conditions of this Agreement.

Draw Down means the exercise by the Company of its right to request the purchase of shares of Common Stock by the Purchaser.

Draw Down means the transactions contemplated in Article III of this Agreement with respect to any Draw Down Notice delivered by the Company in accordance with Article III of this Agreement.

Draw Down means a written draw down form issued by a Purchaser to the Offeror against the CSA for the provision of a specified quantity of Goods at the Prices set out in the CSA;

Draw Down means a written draw down form issued by a Purchaser to an Offeror against this CSA for the provision of a specified quantity of Goods at the prices set out in this CSA;