Delayed Draw Commitment Period definition

Delayed Draw Commitment Period means the period from the Closing Date to the earlier of (a) the date on which the Delayed Draw Term Facility is fully funded and (b) the Delayed Draw Termination Date.

Delayed Draw Commitment Period means the period from the Closing Date to and including the Delayed Draw Commitment Termination Date.

Delayed Draw Commitment Period means the period beginning on the Closing Date and ending on the Final Earn-Out Date.

Examples of Delayed Draw Commitment Period in a sentence

• The Lenders shall have no obligation to make Delayed Draw Term Loans after the expiration of the Delayed Draw Commitment Period.

• The Company shall pay to the Administrative Agent, for the ratable benefit of the Lenders, a commitment fee at an annual rate equal to the average daily amount of the unused aggregate Delayed Draw Commitments during the Delayed Draw Commitment Period multiplied by 0.5%.

• Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Delayed Draw Term Loans in Dollars to the Acquisition Borrowers at any time or from time to time during the Delayed Draw Commitment Period in such principal amount as the Acquisition Borrowers shall request up to, but not exceeding such Lender’s Delayed Draw Term Loan Commitment.

• Accrued commitment fees shall be payable monthly in arrears on the first Business Day of each month and on the last day of the Delayed Draw Commitment Period based upon the average daily unused amount of the Delayed Draw Commitments during the prior month (or the portion of the current month in the case of the commitment fee payable on the last day of the Delayed Draw Commitment Period), which fee shall be fully earned when due and payable and shall be nonrefundable and non-proratable.

• The Delayed Draw Commitments of the Lenders shall expire on the last day of the Delayed Draw Commitment Period.

More Definitions of Delayed Draw Commitment Period

Delayed Draw Commitment Period means the period from the Closing Date to the Delayed Draw Termination Date.

Delayed Draw Commitment Period means the period from the Closing Date to and including the Delayed Draw Commitment Termination Date. #10384414v15

Delayed Draw Commitment Period means the period beginning on the Third Amendment Effective Date and ending on the Delayed Draw Commitment Termination Date.

Delayed Draw Commitment Period means the period from the Amendment and Restatement Effective Date to the earlier of (i) Delayed

Delayed Draw Commitment Period means the period from the Closing Date to but excluding the Delayed Draw Commitment Termination Date.

Delayed Draw Commitment Period the period from but excluding the Amendment No. 5 Effective Date through and including the Delayed Draw Termination Date.

Delayed Draw Commitment Period means the time period commencing on the Closing Date through and including the Delayed Draw Commitment Termination Date. “Delayed Draw Commitment Termination Date” means the earliest to occur of (a) Term Loan Maturity Date, (b) the date on which both the Initial Term Loan and the Initial Delayed Draw Term Loans are paid in full, and (c) the date on which the Delayed Draw Term Loan Commitments are reduced to zero. “Delayed Draw Term Loan Commitment” means the commitment of a Lender to make or otherwise fund the Initial Delayed Draw Term Loans. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $435,261,000. “Delayed Draw Term Loans” means the Initial Delayed Draw Term Loans and the Incremental Term Loans.