Initial Draw definition

Initial Draw has the meaning ascribed to such term in Section 2.1(a). “Initial Term” has the meaning ascribed to such term in the Lease.
Initial Draw as defined in Section 2.1.2(a).
Initial Draw has the meaning ascribed to such term in Section 2.1(a). “Insurance Policies” has the meaning ascribed to such term in Section 3.12. “Interim DIP Order” has the meaning ascribed to such term in Section 3.15.

Examples of Initial Draw in a sentence

  • The Initial Draw shall be advanced to an account of Xxxxxxxx’s at Fifth Third or its Affiliate and held until satisfaction of all conditions precedent to the Concorde Acquisition have been met.


More Definitions of Initial Draw

Initial Draw means one or more Advances under the Revolving Loan Commitment for purposes of funding the Concorde Acquisition and/or other working capital needs that occurs on the Closing Date or otherwise prior to the Concorde Acquisition in an aggregate amount up to $100,000,000.
Initial Draw means the initial US$60 million draw on the December 2021 Debt Facility;
Initial Draw has the meaning ascribed to such term in Section 2.1(a). “Initial Term” has the meaning ascribed to such term in the Lease. “Insurance Policies” has the meaning ascribed to such term in Section 3.13. “Interim DIP Order” has the meaning ascribed to such term in Section 3.16.
Initial Draw refers to Developer’s first application for payment of Project Costs, which shall not occur before Bond Closing.
Initial Draw shall have the meaning set forth in Section 2.2.
Initial Draw has the meaning set forth in Section 2.01(a).
Initial Draw means $31,000,000, the amount of the Loan disbursed by the Lender on the Initial Drawing Date.