Delayed Draw Date definition

Delayed Draw Date means, with respect to any Borrowing of a Delayed Draw Loan, the Business Day on which such Borrowing is made hereunder, which shall be on or after the date on which each of the conditions precedent set forth in Section 6.02 have been satisfied for such Borrowing.
Delayed Draw Date has the meaning set forth in Section 1.1(b)(iii).
Delayed Draw Date means a date subsequent to the Closing Date and on or prior to the Delayed Draw Termination Date designated as such by the Borrower pursuant to Section 4.2.

Examples of Delayed Draw Date in a sentence

  • Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a delayed draw term loan under its Term Loan Commitment (each such loan, a “Term Loan”) to the Borrower on the Delayed Draw Date in a single advance in an aggregate amount not to exceed $350,000,000; provided that the aggregate amount of Term Loans from each Lender shall not exceed such Lender’s Term Loan Commitment.

  • Agreement is being or has been reached with various native title claimants in relation to Aboriginal Heritage issues regarding certain areas in which the Group has an interest.(iii) Contingent assetsThere were no material contingent assets as at 30 June 2015 or 30 June 2014.

  • In addition to any prepayments or repayments made pursuant to Sections 2.11 and 2.12, the Borrower shall repay the aggregate outstanding principal balance of the Term Loans in equal quarterly principal payments on the last day of each March, June, September and December beginning one full fiscal quarter after the Delayed Draw Date in an amount equal to $8,750,000.

  • The Company and Holdco will not be or become, at any time prior to the expiration of the later of (i) one year after the Issue Date, and (ii) one year after any Delayed Draw Date, an open-end investment company, unit investment trust, closed-end investment company or face-amount certificate company that is or is required to be registered under Section 8 of the Investment Company Act.

  • Concurrently with the funding of the Term Loans on such Delayed Draw Date, any such Acquisition shall have been consummated in accordance with the terms of such acquisition agreement in all material respects and in compliance with applicable law and regulatory approvals.


More Definitions of Delayed Draw Date

Delayed Draw Date means the Business Day on which each of the conditions precedent in Section 4.2 has been satisfied or waived by the Requisite Lenders.
Delayed Draw Date means the date of the Borrowing of Additional Term-B Loans.
Delayed Draw Date means each date a Borrowing under the Term Loan A‑2 Facility is funded in accordance with Section 2.1(b)(ii).
Delayed Draw Date means January 11, 2019 or such earlier date (which shall be a Business Day) notified by BTC Holdings Fund I, LLC to Quantum not less than one Business Day prior to such anticipated earlier funding date.
Delayed Draw Date means the Business Day on which the Delayed Draw Loan hereunder is made, which shall be on or after the date on which each of the conditions precedent set forth in Section 6.02 have been satisfied.
Delayed Draw Date means any date (which must be a Business Day) that a Delayed Draw Loan is made.
Delayed Draw Date means the date (which shall be no later than February 16, 2007) on which the Borrowing of the Delayed Draw Amount is made following the Supplement Effective Date.