Glossary / finance terms
Draw conditions
The conditions that must be met before each draw of a delayed draw facility, such as delivery or acceptance of GPUs, an executed customer contract, a signed direct agreement and a passing sizing test.
For in-house counsel
Take it to the documents
The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.
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Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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