Drawdown Day definition

Drawdown Day means the date of drawdown of the Refinancing Loan Amount; all references to Drawdown Day plus or minus any number of days means Drawdown Day plus or minus such number of business day i.e. Monday to Friday excluding Saturday, Sunday and general holidays defined in the General Holidays Ordinance (Cap. 149).
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Drawdown Day means the date on which the principal of this Credit Facility is advanced to the Borrower in accordance with this Agreement, including the Initial Drawdown Date.
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Drawdown Day means a Banking Day on which a Drawdown pursuant to the Credit is permitted to be obtained by the Borrower from the Lender;
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Examples of Drawdown Day in a sentence

  • Where an in-scope property transaction becomes an out- of-scope property transaction on or before Drawdown Day because one of the Exclusions becomes applicable (e.g. a charging order being entered into against the property), the parties may disapply the PAPT and agree an alternative payment method if they wish, taking into account the then circumstances.

  • If the Borrower wishes to obtain a Drawdown by way of LIBOR Borrowing it shall deliver to the Lender a Drawdown Notice not later than 10:00 a.m. (Toronto time) on the second Banking Day prior to the day on which the Borrower requests such Drawdown to be made, specifying, among other things, the amount and type of Accommodation requested by the Borrower and the Drawdown Day.

  • The first interest period under this Contract shall start from the first Drawdown Day, and ends the previous day of following BusinessDay.

Related to Drawdown Day

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Man Day means 7.5 Man Hours, whether or not such hours are worked consecutively and whether or not they are worked on the same day;

  • Drawdown means a drawdown of a Facility.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Computation Day and "Record Date" shall mean 10, 10, 10, and 10.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Transaction Day means each twenty-four (24) hour period or portion thereof, for which a customer of a Rental Car Concessionaire rents, or otherwise enters into a similar arrangement for the use of a Motor Vehicle and for which the Rental Car Concessionaire collects revenue from the customer. Late returns (after twenty-four (24) hours) shall be considered a Transaction Day.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

  • SOFR Determination Day has the meaning specified in the definition of “Daily Simple SOFR”.

  • Dealing Day means every Business Day from Monday to Saturday of every week. Units will be available for dealing (purchase, redemption, transfer, switching etc) on Dealing Days during Cut-off Time. Provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in two widely circulated English or Urdu newspapers in Pakistan declare any particular Business Day(s) not to be a Dealing Day(s).

  • Utilisation means a utilisation of the Facility.

  • LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

  • LIBOR Interest Period means, as to any advance to which the LIBOR Option applies, the period of one (1), two (2), three (3) or six (6) months as selected by the Borrower in its notice of borrowing or notice of conversion, as the case may be, commencing on the date of disbursement of an advance (or the date of conversion of an advance to the LIBOR Option, as the case may be) and each successive period selected by the Borrower thereafter; provided that, (i) if a LIBOR Interest Period would end on a day which is not a Business Day, it shall end on the next succeeding Business Day unless such day falls in the next succeeding calendar month in which case the LIBOR Interest Period shall end on the next preceding Business Day, (ii) the Borrower may not select a LIBOR Interest Period that would end on a day after the Expiration Date, and (iii) any LIBOR Interest Period that begins on the last Business Day of a calendar month (or a day for which there is no numerically corresponding day in the last calendar month of such LIBOR Interest Period) shall end on the last Business Day of the last calendar month of such LIBOR Interest Period.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Step-Down Date The later to occur of:

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

  • Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven (7) days notice in the two (2) widely circulated English and Urdu newspapers declare any particular Business Day or days not to be a Subscription Day.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.