Common use of Delayed Draw Term Notes Clause in Contracts

Delayed Draw Term Notes. The Obligation of the Acquisition Borrowers to repay the aggregate unpaid principal amount of the Delayed Draw Term Loans made to it by each Lender, together with interest thereon, shall be evidenced by a delayed draw term Note, dated the Closing Date payable to the order of such Lender in a face amount equal to the Delayed Draw Credit Commitment of such Lender.

Appears in 3 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

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Delayed Draw Term Notes. The Obligation obligation of the Acquisition Borrowers to repay the aggregate unpaid principal amount of the Delayed Draw Term Loans made to it the Borrowers by each Lender, together with the Bank and to pay interest thereon, on the unpaid principal amount thereof shall be evidenced by a delayed draw term Note, dated the Closing Date payable to the order of such Lender in a face amount equal to the Delayed Draw Credit Commitment Term Notes of such Lenderthe Borrowers, in substantially the form attached as Exhibit 2.02(c) to this Agreement, with the blanks appropriately filled.

Appears in 1 contract

Samples: Loan Agreement (Mastech Holdings, Inc.)

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Delayed Draw Term Notes. The Obligation of the Acquisition Borrowers to repay the aggregate unpaid principal amount of the Delayed Draw Term Loans made to it by each Lender, together with interest thereon, shall be evidenced by a delayed draw term Note, dated the Closing Date payable to the order of such Lender in a face amount equal to the Delayed Draw Credit Commitment of such Lender.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

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