Examples of Second Drawdown Date in a sentence
Fiscal Service will acknowledge receipt of the FPA requests by email.
In this regard, the targeted date for the subscription and payment in full by any such third party for such notes shall be the Second Drawdown Date.
The Borrower agrees that the Lender’s debt service reserve account (the “Debt Service Reserve Account”) shall have the sufficient amount to pay the next Interest Payment upon the Second Drawdown Date and thirty (30) days in advance of each subsequent Interest Payment Date.
Bellus shall pay to the undersigned on the Second Drawdown Date an aggregate set-up fee of 1.5% of the aggregate principal amount of the Bellus Notes, payable in additional Notes.
Subject to the terms and conditions hereof, each Term Lender severally agrees to make a term loan (each, a "Term Loan") to the Parent Borrowers (i) on the Closing Date in an amount up to such Term Lender's Term Commitment Percentage of $265,000,000 or such lesser amount as shall be requested by the Parent Borrowers pursuant to subsection 2.2 and (ii) on the Second Drawdown Date in an amount equal to such Term Lender's Term Commitment Percentage of the then Available Term Commitment.