Loan Drawdown definition

Loan Drawdown means the making of a Loan to the Company by the Investor in accordance with the provisions of clause 4;
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Loan Drawdown means the drawdown of any Loan from time to time by the Borrower, in accordance with the terms of the Loan Agreement.
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Loan Drawdown has the meaning ascribed to such term in Condition 3.4. “Loan Event of Default” means any event of default in relation to a Loan. “Luxembourg” means the Grand Duchy of Luxembourg.
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Examples of Loan Drawdown in a sentence

  • For the first repayment of an Instalment Loan, you are required to pay interest pro-rated based on the period between the Loan Drawdown Date and the first repayment date.

  • For each Instalment Loan, interest shall accrue on the Loan (Product portion) of each Instalment Loan from the Loan Drawdown Date at the interest rate as stated in the order summary of the relevant Applicable Transaction.

  • Tick where applicableThis authorisation policy is for Loan only and would apply for the 5 main servicing transactions: Loan Drawdown, Interest Rate Fixing, Loan Rollovers, Partial Repayment, Full Repayment.

  • The Loan FacilityInvestors must borrow 100% of the Issue Price on the Loan Drawdown Date.

  • Customer agrees and understands that, whether the application herein is to be approved or not, copies of documents supplied by or for him/her, including the Form/the Loan Drawdown Authorization, remain the property of the Company.

  • Loan EnquiryView Loan accounts and Loan details.LoanSend instructions on loan transactions including Loan Drawdown, Interest Rate Fixing, Loan Rollovers, Partial Repayment, Full Repayment, Enquire on loan transaction details and history.DealOnline (Foreign Exchange)Convert your funds from one currency to another at competitive rates for Value Today, Value Tomorrow, Spot, Forward and Time Option transactions for up to one year.

  • The specific interest rate of a Loan will be confirmed in form of a Loan Drawdown Advice/Loan Customer Advice (or similar document) (the “Loan Advice”) to be issued by the Bank to the Company immediately after the disbursement of such loan and after each interest rate review date if applicable.

  • The Lender may, at its option, deduct the Legal Closing Fee from the proceeds of any Loan made on the Closing Date, may deduct the portion of the Commitment Fee then due and the Loan Drawdown Fee for any Loan from the proceeds of the corresponding Loan (including Loans made on the Closing Date) and may deduct the Maturity Extension Fee from the proceeds of any Loan made on or after the initial Maturity Date.

  • This authorisation policy is for Loan service only and would apply for the main servicing transactions: Loan Drawdown, Repayment (including Loan Rollovers, Early Repayment, Partial Repayment, Full Repayment), and Loan Rollovers on maturity.

  • The Bank shall confirm the approved loan tenor in form of a Loan Drawdown Advice/Loan Customer Advice (or similar document) to be issued by the Bank to us immediately after the disbursement of such loan.

Related to Loan Drawdown

  • Drawdown means a drawdown of an Advance;

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.