Draw Down Date definition

Draw Down Date means each date on which a principal amount of the Bonds will be drawn down in accordance with the provisions of this Indenture, which must be the date of Bond Closing or an Interest Payment Date.
Draw Down Date means the Business Day on which funds are made available to the Fund hereunder as specified in a Notice of Draw-down delivered pursuant to Section 2.2 hereof.

Examples of Draw Down Date in a sentence

  • The amount of interest due on the Authority Loan shall be certified to the Trustee by the Authority on each Draw Down Date.

  • Additionally, in connection with the sale of Bonds on each Draw Down Date, the Borrower will cause to be delivered to the Underwriter, without charge, in such quantities as the Underwriter has requested or may hereafter reasonably request, copies of Supplements to the Official Statement (the “Supplements”) setting forth updated disclosure for the Bank as well as such other disclosure as the Underwriter shall reasonably request.

  • Except as otherwise expressly provided in this Agreement, all investments made from moneys credited to a specific Fund or Account, including all proceeds from such investments, shall be credited to the Debt Service Fund on the next succeeding Draw Down Date after they are received.

  • Upon initial delivery of the Bonds on the Closing Date and on each Draw Down Date thereafter until the final Draw Down Date, the Issuer shall cause the Bond proceeds to be deposited with the Trustee in accordance with the Indenture.

  • The provisions of Sections 12, 13 and 16 and all the representations, warranties and agreements of the Issuer and the Borrower made pursuant to this Bond Purchase Agreement shall remain operative and in full force and effect and shall survive the Closing Date, each Draw Down Date, and the delivery of and payment for the Bonds hereunder or the termination of this Bond Purchase Agreement, regardless of how caused.


More Definitions of Draw Down Date

Draw Down Date means the Business Day nominated by the Client for it to receive payment of the Contract Currency in accordance with clause 6.4.
Draw Down Date means any day during the Commitment Period that a Draw Down Notice to sell Common Stock to the Investor is deemed delivered pursuant to Section 2.03(b) hereof.
Draw Down Date means the date upon which a Draw Down shall occur.
Draw Down Date shall have the meaning specified in Section 4.05(f).
Draw Down Date has the meaning set forth in Section 2.01.
Draw Down Date means and refers to each date upon which an Owner is required to purchase a portion of the Bonds in accordance with and as more particularly set forth in the Draw Schedule.
Draw Down Date means any date in which the Underwriter deposits, or causes to be deposited on their behalf, Bond proceeds in an amount equal to the par amount of additional Bonds drawn down hereunder plus accrued interest, to be deposited as set forth in the Indenture. The Underwriter shall provide the Trustee with written confirmation of the amounts deposited on each Draw Down Date, the amount to be drawn on the Bonds and the composition thereof. All Bonds purchased by the Underwriter on a Draw Down Date shall be purchased by the Underwriter at a price of par, plus accrued interest.