Drawdown Amounts definition

Drawdown Amounts means funds advanced by the Lender to the Borrower under the Terms and conditions of this Agreement, is evidenced by a Demand Promissory Note, and is further defined in Section 5 of this Agreement.
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Drawdown Amounts means any amounts payable by subscribers following a call notice by the Management Company.
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Drawdown Amounts. The Loan may be drawn in amounts of not less than US$1 million or its equivalent in dollars (as applicable) and in integral multiples of US$1 million or its equivalent in dollars (as applicable). Establishment Fee: US$50,000. This fee is payable on first drawdown of the Loan by the Borrower.
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Examples of Drawdown Amounts in a sentence

  • State Street shall not be responsible for any investment by a Fund of Securities Financing Proceeds or any other Draw-down Amounts by such Fund.

  • State Street is authorized to designate Collateral as Memo Pledged Collateral daily such that for all Funds other than Midas Magic and Midas Fund, the aggregate Adjusted Market Value of the Memo Pledged Collateral is equal to Obligations relating to Funding Loans and with respect to Midas Fund and Midas Magic, the aggregate Adjusted Market Value of the Memo Pledged Collateral is equal to the Aggregate Draw-down Amounts for such Fund.

  • A Demand Promissory Note in a form similar to that found in Schedule B to this Agreement, for each of the Drawdown Amounts.

  • The Drawdown Amounts of the Limited Partners specified in any Drawdown Notice shall be proportional to their respective Capital Commitments to the Partnership.

  • The subscription monies received by the Company as Equity Drawdown Amounts pursuant to this Agreement shall be used by the Company for the advancement of its stated business plan, strategic acquisitions, the exploration and development of the Company’s mineral properties and for reasonable general working capital purposes.

  • It is hereby agreed that failure to meet the Remaining Drawdown Amounts, if Borrower elects to draw, upon the Remaining Drawdown Payment Date(s) shall be considered as a material breach of this Agreement.

  • The Drawdown Amounts of the Limited Partners specified in any Drawdown Notice shall be proportional to their respective Partnership Percentages.

  • The Lender grants to the Borrower, upon and subject to the terms hereof, a Facility (the “Facility”) amounting to the Credit Facility Maximum Amount, subject to Drawdowns, as specified in the above Definitions, within the limits defined as the Credit Facility Maximum Amount ; the difference between the Credit Facility Maximum Amount and all the Drawdown Amounts being the “Available Amount”.

  • Individual Loan Drawdown Amounts, and after the drawdown, the principal portion of the Outstanding Individual Loan Amount of a Lender as a percentage of the total principal portion of the Outstanding Individual Loan Amount.

  • The aggregate amount of all Indemnified Liabilities for which the Corporation shall be liable pursuant this Section 6.12 in connection with breaches of representations and warranties shall not exceed 15% of the aggregate of the Initial Closing Amount and any Drawdown Amounts paid pursuant to this Agreement.


More Definitions of Drawdown Amounts

Drawdown Amounts has the meaning given to that term in paragraph 2(a) of Schedule 3;
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Related to Drawdown Amounts

  • Draw Down Amount means the actual dollar amount of a Draw Down paid to the Company.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Advance Amount means, with respect to any Asset for which any Liquidation Proceeds are received, the product of (i) the Maximum Advance Rate and (ii) the Collateral Balance of such Asset immediately prior to the sale or payment that gave rise to such Liquidation Proceeds.

  • Maximum Revolving Advance Amount means $25,000,000.