Aggregate Delayed Draw Term Loan Commitment definition

Aggregate Delayed Draw Term Loan Commitment means, collectively, the Aggregate Delayed Draw Term Loan A Commitment and the Aggregate Delayed Draw Term Loan B Commitment.

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Aggregate Delayed Draw Term Loan Commitment means the combined Delayed Draw Term Loan Commitments of the Lenders, which shall initially be in the amount of $575,000,000, as such amount may be reduced from time to time pursuant to this Agreement. The Aggregate Delayed Draw Term Loan Commitment shall be reduced by the aggregate amount of Delayed Draw Term Loans funded by the Lenders.

Aggregate Delayed Draw Term Loan Commitment means $20,000,000, as the same may from time to time be reduced in accordance with this Agreement, including without limitation pursuant to Sections 2.01(b), 2.01(d) and 7.02.

Examples of Aggregate Delayed Draw Term Loan Commitment in a sentence

Any such reduction shall be in an amount not less than $500,000 (or if less, the amount of the entire remaining Aggregate Delayed Draw Term Loan Commitment) or a higher integral multiple of $250,000.
Borrower may, with at least three (3) Business Day’s prior written notice to the Administrative Agent, permanently terminate or reduce all or any portion of the unfunded Delayed Draw Term Loan Commitment of each Class without any fees, premiums or penalties (other than pursuant to Section 4.01(a)); provided that such reductions shall be in an amount greater than or equal to $1,000,000 or, if less, the remaining Aggregate Delayed Draw Term Loan Commitment of such Class or Classes.
Borrower may from time to time, on not less than five (5) Business Days’ prior written notice received by Agent, permanently reduce the Aggregate Delayed Draw Term Loan Commitment (to be applied to each Lender’s individual Delayed Draw Term Loan Commitment on a pro rata basis according to each Lender’s respective Pro Rata Share thereof).
No more than two (2) separate advances during any calendar month period under the Aggregate Delayed Draw Term Loan Commitment shall be permitted during the Delayed Draw Term Loan Commitment Period.
The Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender (along with the Aggregate Delayed Draw Term Loan Commitment) shall be reduced by the amount of each such advance made by such Delayed Draw Term Loan Lender on the date that each such advance is made, and the Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender, along with the Aggregate Delayed Draw Term Loan Commitment, shall terminate on the last day of the Delayed Draw Term Loan Commitment Period.
All reductions of the Aggregate Delayed Draw Term Loan Commitment shall be allocated pro rata among all Delayed Draw Term Loan Lenders with a Delayed Draw Term Loan Commitment.
Borrower may from time to time, on not less than five (5) Business Days' prior written notice received by Agent, permanently reduce the Aggregate Delayed Draw Term Loan Commitment (to be applied to each Lender's individual Delayed Draw Term Loan Commitment on a pro rata basis according to each Lender's respective Pro Rata Share thereof).
The Prepayment Premium shall be deemed fully earned, and be immediately due and payable, upon the date that the Applicable Prepayment Event occurs (regardless of whether or not all or any portion of the principal amount (or of the Aggregate Delayed Draw Term Loan Commitment) subject to such Applicable Prepayment Event has then been paid or otherwise terminated), and shall not be refundable in whole or in part and shall not be subject to reduction or set-off under any circumstances.

More Definitions of Aggregate Delayed Draw Term Loan Commitment

Aggregate Delayed Draw Term Loan Commitment means (i) prior the Amendment No. 3 Effective Date, $35,000,000, and (ii) from and after the Amendment No. 3 Effective Date, $0.

Aggregate Delayed Draw Term Loan Commitment. $300,000,000, as the same may be adjusted pursuant to the provisions hereof.