Initial Draw Date definition

Initial Draw Date means the first Draw Date on which Notes are issued and sold to the Purchaser pursuant to the terms of this Agreement.
Initial Draw Date means, with respect to any Term Loan, the date of the initial drawing under such Term Loan.
Initial Draw Date means the date on which the Company first draws funds against the Credit Facility (as that term is defined in the Credit Agreement).

Examples of Initial Draw Date in a sentence

  • V x We start off with knowledge that the constraints must be satisfied initially Nk = ⟨Φ|wˆk|Φ⟩.

  • Closing Fee: 4.00% of the principal amount of the DIP Term Facility shall be paid in additional DIP Term Loans to the Backstop Parties on the Initial Draw Date, ratably based on their respective Backstop Commitments on the Initial Draw Date, which Closing Fee shall be shared with the other Term Lenders pursuant to the Syndication Procedures.

  • The principal amount of DIP Term Loans advanced on the Initial Draw Date will be deemed increased by an amount equal to the Put Option Premium and the Closing Fee.

  • Draw Period Interest Rate means a fixed rate of 3.80% 1.85% per annum commencing on the Initial Draw Date through the Maturity Date calculated on a basis of 30/360 with 12 months consisting of 30 days each.

  • Licensor communicates with its users electronically and on-line and, as such, you consent to receive all communications and notices electronically from Licensor or to an email address that you have provided to Licensor.


More Definitions of Initial Draw Date

Initial Draw Date means November 12, 2013.
Initial Draw Date means the date of the first Term Loan made by the Lenders to the Borrower under this Agreement.
Initial Draw Date means August [ ], 2020, the date of the initial draw.
Initial Draw Date means the first Draw Date on which Notes are issued and sold to the Purchaser pursuant to the terms of this Agreement. "Issuers" has the meaning set forth in the Preamble of this Agreement.
Initial Draw Date means the date on which the conditions to effectiveness of this Agreement under Sections 4.2 and 4.4 are satisfied or otherwise waived in accordance with the terms of this Agreement.
Initial Draw Date means the date that all the conditions precedent in Section 4.02 are satisfied in accordance with their terms or waived in accordance with Section 10.01, which date shall occur no later than the first anniversary of the Signing Date.
Initial Draw Date means the date on which the first Loan is advanced by the Banks hereunder.