Delayed Draw Term Loan Note Clause Samples

Delayed Draw Term Loan Note. With respect to any Credit Extension under the Delayed Draw Term Loan Facility, each Lender that has requested a Delayed Draw Term Loan Note shall have received a Delayed Draw Term Loan Note executed by the Relevant Borrower. The acceptance of the benefits of each Credit Extension shall constitute a representation and warranty by each Borrower to the Administrative Agent and each of the Lenders that all the conditions specified in this Section 7 and applicable to such Credit Extension are satisfied as of that time (other than such conditions which are subject to the discretion of the Administrative Agent or the Lenders). All of the Notes, certificates, legal opinions and other documents and papers referred to in Section 6 and in this Section 7, unless otherwise specified, shall be delivered to the Administrative Agent at the Notice Office for the account of each of the Lenders.