Delayed Draw Commitment Amount definition

Delayed Draw Commitment Amount means $10,000,000.

Delayed Draw Commitment Amount means the total aggregate amount of principal that Lenders have agreed to fund (subject to the terms and condition set forth in this Agreement, including Sections 6.2 and 6.3) in respect of any Delayed Draw Financing, as such amount is set forth in the Underlying Financing Specification for such Delayed Draw Financing.

Delayed Draw Commitment Amount means $25,000,000.

Examples of Delayed Draw Commitment Amount in a sentence

• The Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Delayed Draw Commitment Termination Date.

• On the terms and subject to the conditions of this Agreement, the Lender agrees to make a term loan (the “Delayed Draw Loan”) to the Borrower on the Delayed Draw Closing Date in an amount equal to (but not less than) the Delayed Draw Commitment Amount.

• The Second Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Second Delayed Draw Commitment Termination Date.

• The sutures meet or exceed U.S. and European Phar-macopeia standards for non-absorbable surgical sutures (except for diameter requirements).

• In the event that the Borrower elects a Delayed Draw Commitment Amount equal to $20,000,000, the Lender shall have received a Note in the form of Exhibit F hereto duly executed and delivered by an Authorized Officer of the Borrower, in exchange for the original Note delivered to the Lender on the Closing Date which shall be cancelled, without further action, upon delivery of the new Note to the Lender.

More Definitions of Delayed Draw Commitment Amount

Delayed Draw Commitment Amount means an amount equal to (a) $10,000,000 or (b) $20,000,000, as determined by the Borrower in its sole discretion.

Delayed Draw Commitment Amount means each of the First Delayed Draw Commitment Amount and the Second Delayed Draw Commitment Amount.

Delayed Draw Commitment Amount in Section 1.1 of the Credit Agreement is hereby amended so that the definition reads in its entirety as follows:

Delayed Draw Commitment Amount means $5,000,000.

Delayed Draw Commitment Amount means the lesser of (i) $10,000,000 and (ii) the difference between $30,000,000 and the amount of the Tender Offer Term Borrowing. The Delayed Draw Commitment Amount is part of, and not in addition to, the Term Commitment.

Delayed Draw Commitment Amount means $20,000,000.

Delayed Draw Commitment Amount means $4,000,000.