![]() ![]() ![]() Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown). The Interest Amount is payable on Application and will be initially funded from the Loan Amount for all Applicants (including Holders who acquire Macquarie Self Funding Instalments on the ASX), and thereafter paid automatically on the Annual Interest Date by a further draw down on the Loan pursuant to the Annual Interest Drawdown Procedure.ĭrawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).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 The City may wish to consider developing a standardized form for use by its project managers to ensure uniformity of information.Comments: Created SOP: Quarterly Milestone Progress Reporting and updated Policy A6-3: Grant Drawdown Procedure for FTA Grants to ensure uniformity of reporting and information.Deficiency Code TC-AM5-1: Inactive award/untimely closeoutsAt the time of the site visit, the City had 18 open grants.Īnnual Interest Drawdown ProcedureThe Annual Interest Drawdown Procedure provides that on the Annual Interest Date Macquarie will calculate the Annual Interest Amount based on the Current Loan Amount (after draw down of the Annual Interest Amount), forecast future dividends, BBSY Rate and the Interest Margin.įall Drawdown Procedure: 1) Superintendent of the Hopatcong State Park shall apply for a Lake Lowering Permit on or before August 1st. He then argues that this optimistic view does little other than justify its mean as a “larger project” in “restoring the power in an economic elite” (Harvey 19). Throughout the term of the Macquarie Self Funding Instalments the Completion Payment (Loan Amount) will be reduced by the amount of dividends paid on the Underlying Shares (refer to Section 2.1 for further information) and increased on the Annual Interest Date by the Annual Interest Amount (refer Annual Interest Drawdown Procedure). ![]() Updated Policy A6-3: Grant Drawdown Procedure for FTA Grants to ensure all eligible grant expenditures will be drawn down from FTA by FAX Grant Manager in a timely manner.įurther interest payments (the Interest Drawdown Amount) are paid automatically on each Interest Drawdown Date by a further drawdown on the Loan pursuant to the Interest Drawdown Procedure.Ĭomments: Created SOP: Quarterly Milestone Progress Reporting and updated Policy A6-3: Grant Drawdown Procedure for FTA Grants to ensure uniformity of reporting and information.įall Drawdown Procedure 1) The Superintendent shall apply for a Lake Lowering Permit from the Division of Fish and Wildlife as required by N.J.S.A. Examples of Drawdown Procedure in a sentence ![]()
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