Draw Period

Draw Period. The period commencing on the Effective Date through the day prior to the Conversion Date.

Draw Period. Draw Period shall mean the period of time during which the Borrower may receive Advances under the Credit Agreement. Farm Credit Discount Note Rate shall mean, at any time, the all-in cost paid by U.S. AgBank, FCB (or by its successor or the then applicable funding source for Lender) on Farm Credit Discount Notes for the Interest Period selected, determined as of the second Business Day prior to the end of each calendar month as made available by the Federal Farm Credit Funding Corporation or... its successor. Loan Documents shall mean the Note, Credit Agreement, Mortgage, all guaranties of the Loan and all other documents and instruments that evidence and/or secure the Loan, all as amended from time to time. Mortgage shall mean the Mortgage, Assignment of Rents, Security Agreement, Financing Statement and Fixture Filing, dated December 30, 1998, executed by Borrower in favor of Pacific Coast Farm Credit Services, ACA, as mortgagee, and recorded December 30, 1998 as Document No. 98-196978, Bureau of Conveyances, State of Hawaii ("Official Records"), as amended by that certain Confirmation, Modification and Partial Release of Mortgage, Assignment of Rents, Security Agreement, Financing Statement and Fixture Filing, dated June 1, 1999 and recorded June 1, 1999 as Document Nos. 99-087348 through 99-087349 of the Official Records, as now or hereafter amended from time to time. View More

Draw Period. Means the eighteen (18) month period from the Closing Date to the Term Loan Effective Date.