Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1. 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). Minimum Drawdown Amount €900,000 Drawdown Fees In relation to each Tranche, 7% of the amount drawn down under the relevant Tranche. The Index was designed to form part of the Macquarie Minimum Drawdown Carry ex Ags, Lv, Brent & PM Alpha Index (the Top Index), but can be read on a stand-alone basis, without reference to the calculation methodology set out in body of this Index Manual. The purpose of this capital call notice was primarily to satisfy the Company’s obligation under The First Minimum Drawdown Amount to draw a minimum of A$5.3M no later than 28 February 2022, as well as to ensure the Company will meet the liquidity requirements necessary to execute the business plan.Īggregate Drawdown Request Amount: The amount of the drawdown request from the Investment Manager in a Portfolio Change Proposal, which shall be no less than the sum, for each Commitment, of the Minimum Drawdown Amount, and shall be no greater than the sum, for each Commitment, of the Remaining Commitment Amount.Įach Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to or greater than the Minimum Drawdown Amount.Įach Tranche requested to be advanced pursuant to a Drawdown Notice shall be in an amount equal to the Minimum Drawdown Amount.Įach 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. Minimum Drawdown Amount (i) €9,000,000 in relation to Loan Amount 1 and (ii) €2,000,000 in relation to Loan Amount 2. It is further submitted that the detailed calculation of NAPAF is clearly shown in clause 2.5.1.2 to 2.5.1.6 of the petition for MYT & Business Plan Petition for FY 2015‐16 to FY 2017‐18 dated 22nd December, 2014.The maximum and minimum head of a hydropower station is governed by the Full Reservoir Level (FRL) and Minimum Drawdown Level (MDDL) which were finalized during the design of the station.A list of the salient features showing the FRL and MDDL, etc. Examples of Minimum Drawdown in a sentenceĮxcept for the last Drawdown or unless the Bank shall otherwise agree, Drawdowns shall be made in amounts of not less than the Minimum Drawdown Amount.
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