Drawdown Closing means the completion of an equity drawdown pursuant to this Agreement by the Investor paying the Equity Drawdown Amount to the Company and the Company allotting and issuing Common Shares to the Investor on a private placement basis in consideration for the Equity Drawdown Amount;
Drawdown Closing is defined in Section 8.21(c).
Drawdown Closing has the meaning given to such term in Section 3.1(d).
Examples of Drawdown Closing in a sentence
Each Drawdown Closing will occur on the date that is five (5) Business Days after the date of the applicable Acceptance Notice (each, a “Drawdown Date”).