Drawdowns definition

Drawdowns means the Capital Contributions made to the Partnership pursuant to Section 5.1 from time to time by the Partners pursuant to Drawdown Notices.
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Drawdowns under the “Term Loan” are only permitted if in addition to the preconditions set forth in Annex 4a (“General Preconditions for Drawdown”) and in Annex 4b (“Special Preconditions for each Drawdown”):
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Drawdowns will be made in a maximum amount of 56.72 % of the respective net invoice amount, which is in excess of EUR 22,000,000. “Drawdowns” under the “Term Loan” are made in amounts of at least EUR 3,000,000 except for the last “Drawdown”. There will be a maximum of twelve “Drawdowns”.
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Examples of Drawdowns in a sentence

  • Drawdowns from the working capital reserve shall be restored from contributions as soon as possible.

  • If "No," is selected, one new question will appear in which the applicant must explain, in the textbox provided, as to why the recipient has not maintained consistent Quarterly Drawdowns for the most recent grant terms related to this renewal project request.

  • Quarterly Drawdowns: Select "Yes" or "No" from the dropdown menu to indicate whether your organization maintained consistent Quarterly Drawdowns from eLOCCS for the most recent grant terms related to this renewal project.

  • Drawdowns for the payment of eligible expenses shall be made against the line item budgets specified in Paragraph III herein and in accordance with performance.

  • Drawdowns for the payment of eligible expenses shall be made against the line item budget specified below.


More Definitions of Drawdowns

Drawdowns are made in the amount of a maximum of 20.5% of the respective net invoice amount.
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Drawdowns of selected paint colors to be provided prior to commencing work.
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Drawdowns means the Capital Contributions made to the Partnership from time to time by (a) the Limited Partners pursuant to Notices of Drawdown as specified in Section 2.4(b), or
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Drawdowns has the meaning ascribed thereto in Section 7.4(a);
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Drawdowns means a Capital Contribution made by the Contributor(s) of the Fund pursuant to the issuance of a Drawdown Notice.
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Drawdowns means the credit drawdowns carried out pursuant to this Agreement, according to the Fourth Clause hereto.
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Drawdowns designate the use of the Credit made by the Borrower in accordance with the provisions of Article III of the Contract. 3 //revenue stamp - FRENCH REPUBLIC 17 F // -3- II - CHARACTERISTICS OF THE CREDIT
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