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.