Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars. Tranche C Loan means an extension of credit by a Lender to TFA under Article II, including a Loan converted to a term Loan pursuant to Section 2.13(c). Tranche C Term Loan as defined in Section 2.1. Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made. Tranche B Advance means each Advance allocated to Tranche B pursuant to, and in accordance with, this Agreement. More Definitions of Expected Drawdown Dateĭrawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made ĭrawdown 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 ![]() ![]() Term loan 078 Expected Drawdown Date andExpected Disbursement DateMarch 27, 2018Lenders andAmount of Debt FinanceThe Bank of Tokyo-Mitsubishi UFJ, Ltd. (New York time) five (5) Business Days prior to the Expected Drawdown Date thereof. Subject to the following conditions, the Borrower may request an Advance or multiple Advances to be made by delivering to the Agent a completed Drawdown Notice in respect of such Advance or Advances not later than 11:00 a.m. (New York time) three (3) Business Days prior to the Expected Drawdown Date thereof. Subject to the conditions stated in Clause 3.2, the Borrower may request an Advance or multiple Advances by delivering to the Facility Agent a completed Drawdown Notice in respect of such Advance or Advances not later than 11:00 a.m. ![]() Subject to the following conditions, the Borrowers may request the Advance to be made by delivering to the Facility Agent a completed Drawdown Notice not later than 11:00 a.m. Examples of Expected Drawdown Date in a sentence
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