Examples of Notice of Drawdown in a sentence
The Lender shall not be liable to the Borrower nor shall the Borrower have any claim against the Lender in respect of any action taken by the Lender pursuant to the Notice of Drawdown received by the Lender by facsimile transmission.
The General Partner will at least 10 Business Days prior to the making of any reinvestment of a Return of Capital Amount in any Portfolio Investment give to each Limited Partner a written notice (i) describing such Portfolio Investment, (ii) stating the Return of Capital Amount to be applied to such Portfolio Investment, (iii) indicating the source of the Return of Capital Amount, and (iv) setting forth the information required in a Notice of Drawdown, to the extent applicable.
The Notice of Drawdown may be given by facsimile transmission and the original written Notice of Drawdown shall forthwith be dispatched to the Lender by registered post or by hand.
Save as the Liquidity Facility Provider may otherwise agree, the Issuer may not deliver any Notice of Drawdown hereunder unless the Liquidity Facility Provider has received copies of all the documents listed in Appendix 1 each of which is, in form and substance, satisfactory to it unless such condition precedent has been waived in whole or in part.
If the Bank’s Available Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Facility, then the amount of such Advance shall be reduced accordingly.