Drawdown Notice definition

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 Notice means, in relation to each Advance, a notice substantially in the form of schedule 2;
Drawdown Notice means a notice substantially in the form set out in Schedule 3.

Examples of Drawdown Notice in a sentence

  • Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make the Commitment available to the Borrower and payment to the Borrower shall be made to the account which the Borrower specify in the Drawdown Notice: The payment by the Lender under this Clause 4.44 ( Disbursement of Advance ) shall constitute the making of the Advance and the Borrower shall at that time become indebted, as principal and direct obligors, to the Lender.

  • Subject to the following conditions, the Borrower may request an Advance to be borrowed by ensuring that the Lender receives a completed Drawdown Notice not later than 5.00 p.m. one Business Days prior to the relevant Drawdown Date.

  • A Drawdown Notice must be signed by a duly authorised signatory of the Borrowerand once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

  • A Drawdown Notice must be signed by a duly authorised signatory of the Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.


More Definitions of Drawdown Notice

Drawdown Notice means a notice given under clause 4.
Drawdown Notice shall have the meaning ascribed thereto in Section 3.2;
Drawdown Notice shall have the meaning ascribed thereto in Section 4.1.
Drawdown Notice means a written notice in the form of Exhibit A attached hereto to the Investor executed by an officer of the Company and setting forth the Advance amount that the Company requests from the Investor.
Drawdown Notice means a notice substantially in the form set out in Schedule 5.
Drawdown Notice means a notice substantially in the form annexed hereto as Schedule A to be given to the Lender by the Borrower pursuant hereto.
Drawdown Notice has the meaning set forth in Section 5.02(a).