Drawdown Period definition
Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 31 May 2011 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;
Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;
Drawdown Period means the period commencing on the Execution Date and ending in respect of:
Examples of Drawdown Period in a sentence
At the end of the Drawdown Period, the Lender shall deliver to the Borrower an amortisation schedule in respect of the Facility taking into account, if applicable, any potential cancellation of the Facility pursuant to Clauses 8.3 (Cancellation by the Borrower) and/or 8.4 (Cancellation by the Lender).
The accrued commitment fee shall be payable after the Effective Date (i) on each Payment Date as long as the Available Facility is higher than zero [A12]; (ii) on the Payment Date following the last day of the Drawdown Period; and (iii) in the event the Available Credit is cancelled in full, on the Payment Date following the effective date of such cancellation.
More Definitions of Drawdown Period
Drawdown Period means
(i) in relation to the Land Loan Facility, the period as specified in the Facility Letter; and
(ii) in relation to the Construction Loan Facility, the period as specified in the Facility Letter, or such other date as may be extended by the Lender at its absolute discretion and upon such terms and conditions set by the Lender.
Drawdown Period means the period in which the special purpose vehicle has the right to drawdown committed capital;
Drawdown Period means the period commencing on the Execution Date and ending on the earliest of (a) 15 March 2016 (or such later date as the Agent may, with the authorisation of the Lenders, agree with the Borrower), (b) the Delivery Date and (c) any date on which (i) the amount of the Loan is equal to the Total Commitment or (ii) the Total Commitment is reduced to zero pursuant to clauses 10.2 or 12;
Drawdown Period means the period starting on the Effective Date and ending on the date which is the earlier of the Repayment Date or forty-eight (48) months from the date of this Agreement;
Drawdown Period means the period commencing on the Closing Date and ending on the earlier of (i) 31 December 2019 or such other date as the Lender and the Borrower may agree and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;
Drawdown Period means the period beginning from the Signing Date (inclusive) and ending on the date of six (6) months thereafter;
Drawdown Period means in relation to each Advance, the period commencing with the date of this Agreement and ending on the Termination Date relative to such Advance, or the period ending on such earlier date (if any) on which: