Final Drawdown Date definition

Final Drawdown Date means the Drawdown Date on which Advance III is made available to the Borrower;
Final Drawdown Date means the earlier of: (i) the date the proceeds of the Final Drawdown are advanced to the Borrower; and (ii) December 2, 1996.
Final Drawdown Date means 30 June 2005;

Examples of Final Drawdown Date in a sentence

  • Any Lender shall have the right at any time before the fourteenth (14th) day prior to the Final Drawdown Date, upon written notice to the Borrower, to reduce the Facility to sixty-five percent (65%) of the final delivered cost of the Vessel.

  • The Borrower shall pay, for the account of the Lenders, a fee (the “Commitment Fee”) equal to (i) seventeen and one-half of one percent (17.5%) of the Applicable Margin from December 7, 2007 through March 31, 2010, and (ii) thirty-five percent (35%) of the Applicable Margin from April 1, 2010 until the Final Drawdown Date, in each case, on the average undrawn portion of the Facility.

  • The Borrower shall have the right, at any time after the Final Drawdown Date while interest is calculated on a Base Rate Basis and during the last 5 Business Days of any Interest Period while interest is calculated on a LIBOR Basis, to request the Bank to quote fixed percentage rates per annum for a fixed period, within the remaining term of the Facility, of between one and ten years (or such other period as the Bank may at its discretion offer).

  • Advance I on the Initial Drawdown Date, Advance II on the Second Drawdown Date, and Advance III on the Final Drawdown Date.

  • Any Borrowing of Initial Loans by the Company on the Final Drawdown Date shall be deemed to be a representation by the Company that the Major Representations are correct in all material respects on and as of such date and after giving effect to the Initial Loans requested to be made on such date.


More Definitions of Final Drawdown Date

Final Drawdown Date means the Drawdown Date for the last Tranche.
Final Drawdown Date means the date by which the Term Loan must be disbursed as set out in the Letter;
Final Drawdown Date has the meaning given to that term in the Details Schedule.
Final Drawdown Date means in respect of each Facility, the date referred to in schedule 9 parts A and B against “Final Drawdown Date”;
Final Drawdown Date means the date thirty (30) days prior to the Revolving Credit Termination Date, or the date on which Borrower gives written notice terminating its ability to obtain Loans hereunder in accordance with Section 2.1 hereof. GAAP means generally accepted accounting principles in the United States, applied on a consistent basis (except for changes concurred in by Borrower’s independent public accountants).
Final Drawdown Date means the date of the last Advance made pursuant to the last Drawdown Notice or the date 72 (seventy-two) Months after the Effective Agreement Date, whichever date first occurs.
Final Drawdown Date the earlier of (i) September 15, 2005 and (ii) the date of completion of the Squeeze Out.