Draws definition

Draws means periodic disbursements of interim or construction

Draws means incremental draws on the Bond.

Draws means with respect to a home equity line of credit, an additional borrowing by the related Mortgagor subsequent to the Closing Date in accordance with the related Mortgage Loan Documents.

Examples of Draws in a sentence

• Draws conclusions from a limited analysis of student data to inform student grading and promotion decisions.

• For the sake of clarity, no Capital Draws will be permitted after the Final Repayment Date.

• The Utilization Percentage with respect to the 2016 Utilization Threshold and the 2017 Utilization Threshold shall be calculated as the lesser of (I) the ratio of (x) aggregate Capital Draws made by the Recipient State under its HFA Participation Agreement as of December 31, 2016 and December 31, 2017, respectively, to (y) the Recipient State’s Rounds 1-4 Funding Allocation as of such dates, or (II) 100%.

• The Utilization Percentage with respect to the 2018 Utilization Threshold shall be calculated as the ratio of (x) aggregate Capital Draws made by the Recipient State under its HFA Participation Agreement as of December 31, 2018, to (y) such Recipient State’s Program Participation Cap as of such date.

• In no event may Discretionary Funding Advances be used for payment of any Working Capital Expenses other than Funding Draws.

More Definitions of Draws

Draws means periodic disbursements of interim or construction financing by a lender.

Draws means the advances made by the Holders to the Issuer on each Draw Date in respect of the Class A-2A Notes pursuant to this Agreement.

Draws has the meaning set forth in Section 5.2(a) of this Agreement.

Draws means all draws, advances and disbursements under the Receivables Financing Facility.

Draws means all draws, advances and disbursements under the Term Loan Facility.

Draws means incremental draws upon the Notes.

Draws has the meaning set forth in Section 2.1(b)(ii).