Proposed Drawdown Date definition

Proposed Drawdown Date. [ ] Principal Amount: USD [ ] Interest Period: [ ]

Proposed Drawdown Date. [ ] Interest Period: [ ]

Proposed Drawdown Date. [l] (or, if that is not a Business Day, the next Business Day) Amount: [l] Interest Period: [l]

Examples of Proposed Drawdown Date in a sentence

• We wish to borrow an instalment of the Loan on the following terms: Proposed Drawdown Date: [•] (or, if that is not a Business Day, the next Business Day) Amount: [•] We confirm that this Drawdown Notice complies with clause 5 of the Loan Agreement and that each of the warranties specified in Schedule 3 of the Loan Agreement are true.

• The Borrower shall have sent to the Facility Agent a Drawdown Request during the banking hours (in Seoul) of a date being not later than three (3) Business Days prior to the Proposed Drawdown Date or the later time agreed to by the Facility Agent.

• We wish to borrow a Loan on the following terms Proposed Drawdown Date: [ ] (or, if that is not a Business Day, the next Business Day) Amount: [ ] 2.

• Conditions or submitted documents in connection with the conditions precedent to Drawdown shall continue to be in full force and effect until the Proposed Drawdown Date, and if necessary, substituted with appropriate documents.

• Upon receipt of a Drawdown Request, subject to fulfillment of the conditions set forth in Section 2 and/or 3 of this Article, each Lender shall extend a loan to the Borrower on the designated Proposed Drawdown Date by depositing a specified amount of Loan to the Loan Drawdown Account opened in the name of the Borrower with the Facility Agent (provided, in case of Interest Reserve Loan, to the Loan Repayment Account).

More Definitions of Proposed Drawdown Date

Proposed Drawdown Date. [•] Duration of first Interest Period : [•] We hereby request and authorise you to apply the proceeds of the Loan by paying the proceeds by [•], to [•] Account No. [•], quoting the reference [•]. We confirm that:

Proposed Drawdown Date. [ ] (or, if that is not a Business Day, the next Business Day) Currency of Loan: USD Amount: [$20,000,000] Interest Period: 3 months

Proposed Drawdown Date. [ ] (or, if that is not a Business Day, the next Business Day) Currency of Drawing: [ ] Amount: [ ] Interest Period: [ ] [Vessel: [ ]] 3 We confirm that each condition specified in Clause 4.2 (Further conditions precedent) is satisfied on the date of this Drawdown Request. 4 The proceeds of the Drawing shall be used in or towards financing or refinancing payment of the purchase price of the above vessel or for working capital purposes.

Proposed Drawdown Date. [] Principal Amount: USD $[] (represented by: $[] Commercial Facility Loan; $[] KEXIM Facility Loan; and $[] KEXIM Guaranteed Facility Loan) Interest Period: []

Proposed Drawdown Date means the date falling up to two Business Days after the Pre-Funding Date (or such other date as may be agreed between the Company and the Interim Facility Agent (acting on the instructions of the Original Interim Lenders (acting reasonably)).

Proposed Drawdown Date. [ ] (or, if that is not a Business Day, the next Business Day) Amount: [ ] or, if less, the Available Facility Interest Period: [1, 2, 3 or 6 Months]

Proposed Drawdown Date. [l] (or, if that is not a Business Day, the next Business Day) Amount: [l] or, if less, the Available Facility Interest Period: [l] 4 The proceeds of this Advance should be credited to: account number: [l] name and SWIFT of account bank: [l] name and SWIFT of US correspondent bank: [l] 5 This Drawdown Request is irrevocable. Yours faithfully authorised signatory for