Delayed Draw Effective Date definition

Delayed Draw Effective Date means the date of the making of a Delayed Draw Term Loan during the Delayed Draw Period pursuant to Section 2.1(c) hereof.
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Delayed Draw Effective Date the date of the making of a Delayed Draw Term Loan.
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Delayed Draw Effective Date the date, as specified by the Administrative Agent, on which the conditions set forth in Section 6.2 shall have been fulfilled and on which the initial Delayed Draw Term Loans shall have been made.
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Examples of Delayed Draw Effective Date in a sentence

  • After giving effect to the Amendment No. 3 Exchange and the Amendment No. 3 Repayment on the Amendment No. 3 Delayed Draw Effective Date, (i) all Term B-1 Loans will be terminated and (ii) it is intended that the Amendment No. 3 Incremental Term Loans and Amendment No. 3 Delayed Draw Term Loans shall trade as a single Class of Term Loans and for the avoidance of doubt are referred to herein as the Term B-2 Loans.

  • The Borrower will use the proceeds of (a) the Term Loans made on the Amendment No. 3 Effective Date to finance the 2014 Transactions, (b) the Term Loans made on the Amendment No. 3 Delayed Draw Effective Date to repay in full outstanding Term B-1 Loans and (b) the Revolving Loans and Swingline Loans made after the Effective Date for general corporate purposes.

  • Evidence that (i) all fees required to be paid to Administrative Agent and Arranger on or before the Delayed Draw Effective Date, and (ii) all fees required to be paid to the Lenders on or before the Delayed Draw Date, have been paid or will be paid out of the proceeds of the Delayed Draw Term Loans.

  • The Origination Discount shall be reflected as a dollar for dollar reduction in the advance of the Term Loan on the Closing Date and the Delayed Draw Effective Date to Borrower, as applicable.

  • If a DDTL Xxxxxx’s DDTL Contingent Commitment becomes binding pursuant to a DDTL Effective 42297167v.11 Notice provided pursuant to Section 4.3, such DDTL Contingent Commitment shall thereafter automatically terminate immediately after the Delayed Draw Term Loan Borrowing occurs on the Delayed Draw Effective Date.


More Definitions of Delayed Draw Effective Date

Delayed Draw Effective Date means any date on which the conditions set forth in Section 3.4 with respect to the Delayed-Draw Term Loans have been satisfied and a Delayed-Draw Term Loan is made. “Delayed-Draw Expiration Date” means the earliest of (i) the date on with the Delayed-Draw Term Loans Commitments are $0 and (ii) the Delayed-Draw Commitment Termination Date. “Delayed-Draw Term Loan” has the meaning specified in Section 2.1(c). “Delayed-Draw Term Loan Commitment” means (a) as to any Lender with a Delayed-Draw Term Loan Commitment, the commitment of such Lender to make its Pro Rata Share of the Delayed-Draw Term Loans, and (b) as to all Lenders with Delayed-Draw Term Loan Commitments, the 16 [[5286738]]
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Delayed Draw Effective Date the date on which the conditions precedent to the making of the Delayed-Draw Term Loans for the financing of (a) the portion of the Emmis Acquisition being consummated on such date and/or (b) the Revolving Credit Loans being prepaid (including any amounts owing pursuant to subsection 2.18) in accordance with subsection 2.8, in each case, as set forth in subsection 5.2, are satisfied. Each reference herein to “Delayed-Draw Effective Date” shall be deemed to be a reference to the relevant Delayed-Draw Term Loans with respect to the relevant portion of the Emmis Acquisition being funded and/or the Revolving Credit Loans being prepaid, as applicable.
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Delayed Draw Effective Date means the first date on which all of the conditions precedent to the making of the Delayed Draw Term Loans as set forth in Section 4.2 and Section 4.3 have been satisfied.
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Related to Delayed Draw Effective Date

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.