#Wire drawdown definition full

Shelf Takedown Request shall have the meaning set forth in Section 3.2.5(a). Incremental Loan Request has the meaning set forth in Section 2.14(a).īorrowing Notice is defined in Section 2.8. Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Lenders pursuant to Section 2.02(a).

#Wire drawdown definition full

To cancel a Draw-Down Request authorization, we must receive notice of cancellation of the Draw-Down Request at least 2 Business Days prior to the desired cancellation date and we will not be liable to you for any wire transfer draw-downs we process prior to the cancellation effective date.Įach Draw-Down Request will remain in full force and effect until you notify us in writing through your Account to cancel the Draw-Down Request.ĭrawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).ĭraw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.ĭraw Down shall have the meaning assigned to such term in Section 6.1(a) hereof.

Initiation of Draw-Down Request for ReimbursementThe draw-down of grant funds from the granting agency shall be initiated by the Chief Financial Officer.Įach time you submit a Draw-Down Request, you certify that you are authorized to submit the Draw-Down Request and have unlimited withdrawal and deposit rights to your Savings Account, and you authorize us to respond to each request from the Recipient in the amount indicated. Initiation of Draw-Down Request for ReimbursementThe draw-down of grant funds from the granting agency shall be initiated by the Grant Manager. Initiation of Draw-Down Request for ReimbursementThe draw-down of grant funds from the granting agency shall be initiated by the Business Manager. Examples of Draw Down Request in a sentence