Minimum Drawdown Amount definition

Minimum Drawdown Amount means the minimum amount permitted to be drawn down in each Tranche and is the amount set forth above under the heading Loan Facility Terms;
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Minimum Drawdown Amount means the minimum amount permitted to be drawn down in each Tranche as set forth above under the heading Loan Facility Terms;
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Minimum Drawdown Amount means the amount set forth under the heading "Minimum Drawdown Amount" in the "Loan Facilities Terms";
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Examples of Minimum Drawdown Amount in a sentence

  • Each Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to or greater than the Minimum Drawdown Amount.

  • Minimum Drawdown Amount €900,000 Drawdown Fees In relation to each Tranche, 7% of the amount drawn down under the relevant Tranche.

  • Minimum Drawdown Amount (i) €9,000,000 in relation to Loan Amount 1; and (ii) €2,000,000 in relation to Loan Amount 2.

  • Each Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to the Minimum Drawdown Amount.

  • Total Loan Facility Up to €18,000,000 available to be drawn down in multiple tranches as follows: • €9,000,000 to be drawn down in one Tranche on the date that is no later than eight (8) Business Days after the date of this Loan Agreement “Loan Amount 1”); and • €9,000,000 to be drawn down in one or more Tranches, subject to the Minimum Drawdown Amount, on or after the date of this Loan Agreement, up to and including the relevant Expiry Date (“Loan Amount 2”).

  • Each Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to or greater than the Minimum Drawdown Amount except for the last Tranche in the amount of the remaining Total Loan Facility which can be made in a lower amount.

  • Each Tranche requested to be advanced out of Amount B pursuant to a Drawdown Notice shall be in an amount equal to or greater than the Minimum Drawdown Amount except for the last Tranche in the amount of the remaining Total Loan Facility which can be made in a lower amount.

  • Each Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to the Minimum Drawdown Amount or a multiple thereof.

  • Total Loan Facility Up to €18,000,000 available to be drawn down in multiple tranches as follows: • €9,000,000 to be drawn down in one Tranche on the date that is no later than eight (8) Business Days after the date of this Loan Agreement "Loan ▇▇▇▇▇▇ ▇"); and • €9,000,000 to be drawn down in one or more Tranches, subject to the Minimum Drawdown Amount, on or after the date of this Loan Agreement, up to and including the relevant Expiry Date ("Loan Amount 2").


More Definitions of Minimum Drawdown Amount

Minimum Drawdown Amount means the lesser of (a) 10,000 shares of Parent Series B Preferred Stock (such number of shares to be equitably adjusted to account for any stock split, combination or reclassification of, or similar event affecting, the Parent Series B Preferred Stock) and (b) the number of shares of Parent Series B Preferred Stock which Parent is entitled to sell to the WCAS Securityholders pursuant to Section 8.21 which have not yet been sold.
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Minimum Drawdown Amount has the meaning given to it in the relevant Facility Agreement.
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Minimum Drawdown Amount means the amount set forth above under the heading Loan Facility Terms;
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Minimum Drawdown Amount shall have the meaning set forth in Section 2.3.
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Minimum Drawdown Amount has the meaning given to it in the relevant Facility Agreement. “Obligor” means the Borrower and each Security Provider, as applicable. “Order” means an order for IT-Solutions approved by the Lender and placed by the Borrower with an Authorised Supplier. “Payment Date” means, in respect of a Loan, each date on which an installment of principal, and/or interest, is to be paid pursuant to Clause 4.1 of this Master. “Potential Event of Default” means any event or circumstance which, with the giving of notice, expiry of grace period or fulfilment of any other requirement, would be an Event of Default. “Products” means Cisco Products and, if applicable, Third Party Products the subject of an Invoice, the acquisition of which has been or is to be financed under the Facility. “Promissory Note” means any promissory note issued and executed by the Borrower in favor of the Lender and with aval of the Guarantor, if applicable, substantially in the form set forth as Schedule E. 10 “Request for Borrowing” means a request for borrowing under a Facility Agreement, submitted to the Lender by the Borrower substantially in the form set out in Schedule C. “ROF” means the Registry of Financial Transactions of the Central Bank of Brazil. “Security Document” means, in relation to the Facility, each Guarantee, if any, each Promissory Note and any other document to be executed at any time by any person as a guarantee or security for all or any part of the Borrower’s obligations under any Finance Document. “Security Provider” means each Guarantor, if any, and any person other than the Borrower which has provided or subsequently provides a guarantee or other security for all or any part of the Borrower’s obligations under any Finance Document. “Services Agreement” has the meaning given to it in the relevant Facility Agreement. “Services” means Cisco Services and, if applicable, Third Party Services. “Taxes” means all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto arising in connection with any Finance Document (including, but not limited to any present or future stamp or documentary taxes or charges or similar levies which arise from any payment made under any Finance Document or from the execution, delivery or registration of, or otherwise with respect to, any Finance Document), other than taxes imposed on the Lender’s net income, or franchise taxes imposed on the lender in lieu of income taxes, by the jurisd...
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Related to Minimum Drawdown Amount

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

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

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.