Define: Drawing Power

Drawing Power means the borrower's ability to periodically withdraw funds, not exceeding the value of the [security], less the [margin].

Drawing Power means the borrower's ability to periodically withdraw funds, not exceeding the value of the [security], less the [margin].

Relevant Circumstances

  • When a borrower has a revolving facility limited by collateral value
  • If margin requirements reduce the available drawing power
  • Where periodic revaluation of security adjusts drawing limits

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