Drawdown Amount definition

Drawdown Amount shall have the meaning set forth in Section 2.3.

Drawdown Amount means the selected drawdown amount applicable to the Policy as specified by the Client in the Application Form;

Drawdown Amount means the aggregate amount of all Drawdowns made on a Drawdown Date including, without limitation, the face amount of Bankers’ Acceptances.

Examples of Drawdown Amount in a sentence

• Each applicable Lender shall deliver to the Borrower (the “Second Drawdown” and together with the First Drawdown, the “Drawdowns”) an amount equal to the Second Drawdown Amount set forth for such Lender on Schedule A to the Note no later than 15 November 2024.

More Definitions of Drawdown Amount

Drawdown Amount means the Advance delivered to Borrower by Lender upon delivery of each Drawdown Notice.

Drawdown Amount in respect of an Advance, the face amount of the cheque drawn on the AUD Overdraft Account in respect of that Advance; “Drawing” - each utilisation of the AUD Overdraft Facility as provided for in this Appendix; and “Existing Accommodation” - the debit balance existing in the AUD Overdraft Account on the relevant date.

Drawdown Amount in respect of a Drawing, the amount specified, pursuant to clause 3, in the Accommodation Particulars referable to that Drawing;

Drawdown Amount means the Advance delivered to Borrower by lender upon delivery of each Drawdown Notice.

Drawdown Amount means the amount of such Drawdown that is not yet repaid, and the “Drawdown Date” shall mean the date on which such Drawdown is made.

Drawdown Amount means, with respect to (i) the Initial Advance, $2,500,000, (ii) the Tranche 2 Advance, $750,000 and (iii) the Tranche 3 Advance, $750,000.

Drawdown Amount means in relation to a Drawdown Milestone, such portion of the Grant Funds that may be disbursed by CREST in connection with the Researchers meeting such Drawdown Milestone, as set forth in the column headed “Drawdown Amount” against that Drawdown Milestone;