Initial Drawdown definition

Initial Drawdown with respect to a Proposed Scheme Facility will be set out in the applicable Scheme Facility Type Schedule.

Initial Drawdown means the initial Advance of $8,160,000.00.

Initial Drawdown means the initial Drawdown of the Credit Facilities on the Effective Time.

Examples of Initial Drawdown in a sentence

• Initial Drawdown Date The first date on which investors (other than the Initial Member) are required to contribute capital for the purchase of Units, which is also the first date on which the Company will issue Units other than to the Initial Member.

• No additional Members will be admitted after the Initial Drawdown Date, except as provided in Sections 7.1 and 11.2.

• Any failure to sign any or all of the Waivers and Amendments on or prior to the earlier to occur of the Bridge Initial Drawdown Date and 30 April, 2003.

• The Scheme Guarantee entered into in connection with a Scheme Facility will take effect from the Initial Drawdown Date in respect of that Scheme Facility, without the need for any further request, authorisation or consent from the Guarantor.

• Dolan.193 And starker still is the burden of proof: once loyalty obligations are triggered, all transactions with the fiduciary are deemed presumptively unfair194 and the fiduciary bears the burden of showing by clear and convincing proof entire fairness, utmost performs his duty.

More Definitions of Initial Drawdown

Initial Drawdown means the initial Advance of US$500,000 to the Borrower pursuant to Clause 3.1.

Initial Drawdown means the making of the first Advance hereunder, which Advance must in any event be an amount sufficient to discharge all fees due and payable on the Initial Drawdown Date pursuant to Clause 11.1.1;

Initial Drawdown means the making of the first Advance hereunder, which Advance must in any event be an amount sufficient to discharge all fees due and payable on the Initial Drawdown Date pursuant to Clause 10.1.1;

Initial Drawdown means the first Drawdown under the Facility on or after the date of the Initial Credit Agreement.

Initial Drawdown. Date As set forth in Section 3.3(a).

Initial Drawdown. Date As set forth in Section 3.3(b). Investment or Investments As set forth in Section 4.1. Investment Adviser Fidelity Diversifying Solutions LLC, or any successor thereto. Investment Advisory Agreement That certain investment advisory agreement pursuant to which the Investment Adviser will act as investment adviser to the Fund, as in effect from time to time 1940 Act The Investment Company Act of 1940, as amended. Lender (i) any lender, issuer of letters of credit or provider of other financing or extensions of credit, (ii) any holder of indebtedness, assignments, guarantees or other obligations relating to any of the foregoing, and (iii) any of their respective agents, trustees, successors and assigns. Lender Power As set forth in Section 4.2(a). majority-in-interest As set forth in Section 3.8. Members As set forth in the preamble. NAV As set forth in Section 7.2(a). New Class As set forth in Section 5.1. Officers As set forth in Section 3.4(c). Other Agreement As set forth in Section 13.6(k). Person Any individual, general partnership, limited partnership, limited liability partnership, limited liability company, corporation, joint venture, trust, statutory or business trust, cooperative or association or any governmental body or agency, and the heirs, executors, administrators, legal representative, successors and assigns of such Person where the context so permits. Plan Assets Regulation The regulation concerning the definition of “plan assets” under ERISA adopted by the United States Department of Labor and codified in 29 C.F.R. §2510.3-101, as modified by Section 3(42) of ERISA. Portfolio Company Any entity in which the Fund holds an investment. PPM The private placement memorandum, as amended or supplemented from time to time, prepared by the Fund with respect to the offering of Units. Preferred Appointed Directors As set forth in Section 3.4(a).

Initial Drawdown means the aggregate amounts that the Issuer has drawn in accordance with the terms of the Liquidity Facility Agreement for the payment of any shortfall in the amount of Interest Proceeds and thereafter Principal Proceeds available to pay Interest Amounts due and payable on any Payment Date in respect of each Class of Rated Notes (provided each applicable Coverage Test senior to the payment of Interest Amounts in respect of such Class is satisfied on the relevant Determination Date) pursuant to the Priorities of Payments on such Payment Date.