Common use of Drawdown Period Clause in Contracts

Drawdown Period. The Drawdown Period shall begin on the effective date herein and end on the earlier of (a) the day immediately preceding the first anniversary of the effective date, and (b) the date when the total principal amount of the Loan has been withdrawn.

Appears in 2 contracts

Sources: Syndicated Loan Agreement (China Mobile Hong Kong LTD), Syndicated Loan Agreement (China Mobile Hong Kong LTD)