Examples of Request for Draw in a sentence
To receive payments, the program must submit a Request for Draw form to the North Dakota Department of Commerce.
To receive payments the program must submit a Request for Draw form to the North Dakota Department of Commerce.
On the date specified in each Request for Draw, the Purchaser shall transfer the amount of the Draw requested by such Request for Draw, by wire transfer of immediately available funds, pursuant to the wire instructions set forth in the Request for Draw.
I am the Designated Representative of the District, and I am authorized to execute and deliver this Request for Draw on the District’s Special Assessment Bond, 2021 (Taxable) (the “Bond”) and to make the representations on behalf of the District set forth herein.
Draws on the Note shall be initiated by the City by delivering to the Purchaser, at the address provided in the Note Purchase Agreement, a Request for Draw signed by the Mayor, in substantially the form attached hereto as Exhibit B, which delivery may be by facsimile or electronic transmission.
The Mayor is hereby authorized and directed to execute the Note Purchase Agreement, and all officers, agents, employees, and representatives of the City are authorized and directed to do any and all things necessary or convenient to carry out the provisions of this Ordinance, the Note, the Note Purchase Agreement and each Request for Draw.
Unless the Purchaser agrees to a shorter notice period, each Request for Draw shall be delivered to the Purchaser by 11:00 a.m. Texas time not later than two Business Days prior to the date such Draw is to be made.
Each draw pursuant to a Request for Draw under this note shall bear interest at a taxable rate equal to either the LIBOR Fixed Rate or the LIBOR Floating Rate, as set forth in Resolution No. of the Port, adopted on , 2009 (the “Note Resolution”), and the interest rate applicable to any outstanding draw may be changed by a Request for Conversion provided in accordance with the Note Resolution.
With approval of this loan, the Bank’s aggregate exposure to this borrower and related entities exceeded $76 million.
The risk matrix presents results of multiplying the probability value by the impact value.