Second Draw definition

Second Draw means the Loan of up to $160,000 contemplated to be made on May 9, 2002 in accordance with Section 2.1 of this Agreement.
Sample 1Sample 2
Second Draw is defined in Section 2.1.5(a).
Sample 1
Second Draw has the meaning assigned to such term in subsection 2.1(A)(ii).
Sample 1

Examples of Second Draw in a sentence

  • For loans of $150,000 or less, Applicant will provide documentation substantiating the decline in gross receipts upon or before seeking loan forgiveness for the Second Draw Paycheck Protection Program Loan or upon SBA request.

  • The lowest ranked players in the Main Draw and the players who should be in the Second Draw will be drawn to play in the pre-round.

  • The Applicant received a First Draw Paycheck Protection Program Loan and, before the Second Draw Paycheck Protection Program Loan is disbursed, will have used the full loan amount (including any increase) of the First Draw Paycheck Protection Program Loan only for eligible expenses.

  • The Applicant has not and will not receive another Second Draw Paycheck Protection Program Loan.

  • You cannot use one form to apply for forgiveness of both a First Draw PPP Loan and a Second Draw PPP loan.

  • Other Records: All records relating to the Borrower’s PPP loan, including documentation submitted with its PPP loan application, documentation supporting the Borrower’s certifications as to its eligibility for a PPP loan (including the Borrower’s gross receipt reduction certification for a Second Draw PPP Loan, if applicable), documentation necessary to support the Borrower’s loan forgiveness application, and documentation demonstrating the Borrower’s material compliance with PPP requirements.

  • FTE and Salary/Wage Reductions: Borrowers that received a PPP loan of more than $50,000 and Borrowers of $50,000 or less that together with their affiliates received First Draw PPP Loans totaling $2 million or more or Second Draw PPP Loans totaling $2 million or more must adjust their “Requested Loan Forgiveness Amount” due to statutory requirements concerning reductions in either full-time equivalent employees or employee salary and wages.

  • First Draw PPP Loan or Second Draw PPP Loan: Select the box that describes the PPP loan that this forgiveness application is for.

  • Different eligibility requirements apply to Second Draw PPP Loans.

  • The draw sizes mentioned in the tables above are set draw sizes and all Super Series and ITF 1 events must hold separate Main and Second Doubles Draws.2. At Grand Slam, Super Series and ITF 1 events the size of the Main Draw Doubles cannot be increased.3. For Super Series and ITF 1 Series the size of the Second Draw can be increased.


More Definitions of Second Draw

Second Draw means the second and final draw of Term Loans, which may occur during the Term Loan Availability Period.
Sample 1
Second Draw means the second and final draw of Term Loans, which shall occur on or after the Amendment No. 4 Effective Date but prior to the Term Loan Commitment Termination Date.
Sample 1
Second Draw means the lending by Xxxxxx, and borrowing by Xxxxxxxx, of the Second Draw Loan.
Sample 1
Second Draw means the amount of One Million Seven Hundred Fifty Thousand Dollars ($1,750,000) to be funded by the Lenders according to their Pro Rata Shares in accordance with the terms hereof.
Sample 1

Related to Second Draw

  • Second Draw Period is the period commencing on the date occurring on or after the Second Amendment Effective Date in which Borrower satisfies the Second Draw Conditions and ending on the earlier of (a) June 20, 2021, and (b) the occurrence of an Event of Default.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • 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.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

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

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

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

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

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

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.