Delayed Draw Expiration Date definition

Delayed Draw Expiration Date means the earliest of (a) the date that is 18 months following the Closing Date, (b) the date on which the Borrower elects in its sole discretion by written notice to the Administrative Agent to terminate the remaining Term Loan A‑2 Commitments in accordance with the terms and conditions of Section 2.12(b)(iii) and (c) the Maturity Date.

Delayed Draw Expiration Date means with respect to the Delayed Draw Term Loan, the earlier of (i) the date of termination of the Merger Transaction pursuant to the terms of the Merger Agreement (or such later date as may be determined by Lender in its sole discretion) or (ii) the Maturity Date.

Delayed Draw Expiration Date means the date that is 60 days after the date of initial drawing of the Tranche C-4 Initial Term Loans.

Examples of Delayed Draw Expiration Date in a sentence

• Subject to the terms and conditions set forth herein, the Lender may, in its sole discretion, make one or more delayed draw term loans (each, a “Draw Loan” and collectively, the “Delayed Draw Term Loan”) to the Borrower from time to time from and after the Restatement Effective Date and until the Delayed Draw Expiration Date in an aggregate outstanding principal amount not to exceed the Delayed Draw Commitment.

• Each Lender’s Delayed Draw Term Loan Commitment shall be reduced upon the making of each Delayed Draw Term Loan by an amount equal to the amount of such Delayed Draw Term Loan and the unused Delayed Draw Term Loan Commitments shall terminate immediately and without further action at 5:00 p.m. (New York City time) on the Delayed Draw Expiration Date.

• Notwithstanding the foregoing, if the Delayed Draw Sub-facility is not drawn prior to the Delayed Draw Expiration Date, such Delayed Draw Sub-facility shall automatically terminate on the Delayed Draw Expiration Date.

• The Delayed Draw Term Loan Commitments shall expire on the Delayed Draw Expiration Date; provided that the applicable portion of the Delayed Draw Term Loan Commitment will terminate upon the funding of the corresponding Delayed Draw Term Loans by the Lenders.

• Each Lender’s Commitment to make Loans shall terminate immediately and without further action on the earlier of (i) the Delayed Draw Expiration Date or (ii) after giving effect to the funding of such Lender’s Commitment on the Delayed Draw Date.

More Definitions of Delayed Draw Expiration Date

Delayed Draw Expiration Date means September 30, 2007.

Delayed Draw Expiration Date has the meaning given to it in Section 2.1(a)(ii).

Delayed Draw Expiration Date means February 6, 2015.

Delayed Draw Expiration Date means July 24, 2014.

Delayed Draw Expiration Date means June 30, 2012.

Delayed Draw Expiration Date means October 20, 2008.

Delayed Draw Expiration Date means September 30, 2027.