Pending Drawdown definition

Pending Drawdown means any Drawdown that has been made upon the Investors and that has not yet been funded by the applicable Investor.

Related to Pending Drawdown

  • Drawdown means a drawdown of an Advance;

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

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

  • L/C Draft means a draft drawn on an Issuing Bank pursuant to a Letter of Credit.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Credit Event Notice means an irrevocable notice from the Issuer or the Swap Counterparty, as the case may be, to the other party (in the form and delivered in the manner described in the Default Swap) that describes a Credit Event that occurred on or after the Effective Date of the Default Swap.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Borrowing Notice is defined in Section 2.8.

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Initial Advance means the first Advance made pursuant to Article II.

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Exhibit 3.2, as required by Section 3.2.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

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