Drawdown Date definition

Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;
Drawdown Date means the date on which a Drawdown is made by the Borrower pursuant to the provisions hereof and which shall be a Banking Day.
Drawdown Date means, in relation to each Advance, any date, being a Banking Day falling during the Drawdown Period for such Advance, on which the relevant Advance is, or is to be, made available;

Examples of Drawdown Date in a sentence

  • Lender has available, and on the Drawdown Date will have available, sufficient funds, available lines of credit or other sources of available funds to enable it to make the Loan on the terms and conditions of this Agreement.

  • As of any Drawdown Date, it is Solvent and it will not become insolvent after giving effect to the transactions contemplated by the Loan Documents.


More Definitions of Drawdown Date

Drawdown Date means the date of the advance of a Loan.
Drawdown Date means the date requested by the Borrower for the Loan to be made, or (as the context requires) the date on which the Loan is actually made;
Drawdown Date means the date for the making of an Advance.
Drawdown Date means any Business Day on which an Advance is made or is deemed to be made.
Drawdown Date means the date on which a Drawing is advanced under Clause 4.
Drawdown Date means the date, which shall be a Business Day, of any Advance.
Drawdown Date means the date on which an Advance is made, or is proposed to be made.