Initial Drawdown definition

Initial Drawdown means the initial Drawdown of the Credit Facilities on the Effective Time.
Initial Drawdown means the initial Advance of $8,160,000.00.
Initial Drawdown means the initial Advance of US$500,000 to the Borrower pursuant to Clause 3.1.

Examples of Initial Drawdown in a sentence

  • For the teacher, it may be true that the task-based Economics teaching is an adventure.

  • The Company shall issue warrants to lenders representing an aggregate of 1200 warrants for each US$1000 in value of the Gold-linked Loan Initial Drawdown and 600 warrants for each US$1000 in value of the Gold-linked Loan Subsequent Drawdown.

  • The initial Drawing must be made no later than the Last Date for Initial Drawdown.

  • In addition to their respective amount of Initial Drawdown, new investors making Commitments at a Subsequent Closing will be subject to a Drawdown of an amount equivalent to their pro rata portion of the total Commitment already drawn down from existing Unitholders.

  • At any time after the Initial Drawdown Date, the Company may give written notice to the Lenders that it wishes to prepay all or any part of the Loan (in multiples of $10,000).


More Definitions of Initial Drawdown

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. Date As set forth in Section 3.3(b).
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 first Drawdown by the Borrower of a Facility under this Agreement whether by way of issuance of a Letter of Commitment under this Agreement or otherwise. For the avoidance of doubt, any drawdown under the Interim Rupee Facility Agreements shall not be considered as Initial Drawdown. Initial Drawdown Date shall mean date of the Initial Drawdown. Initial Security shall have the meaning specified in Section 8.7.1.
Initial Drawdown means the initial US$100,000 advance by the Holder to the Debtor in accordance with the terms of this Debenture.
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.
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;