Drawdown Request definition
Examples of Drawdown Request in a sentence
The Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses).
The commitment fee shall be computed at the rate specified above on the amount of the Available Credit pro-rated for the actual number of days elapsed increased by the amount of any Drawdown to be made available by the Lender in accordance with any pending Drawdown Request.
All the representations and warranties in this Clause 10 (Representations and warranties) are also deemed to be made by the Borrower on the date of the Drawdown Request, on the Drawdown Date and on each Payment Date, except that the repeating representations contained in Clause 10.9 (No Misleading Information) are deemed to be made by the Borrower in relation to the information provided by the Borrower since the date on which the representation was last made.
Provided that the conditions set out in Clause 2.4(b) (Conditions precedent) are satisfied, the Borrower may draw on the Facility by delivery to the Lender of a duly completed Drawdown Request.