Delayed Draw Funding Deadline definition

Delayed Draw Funding Deadline means the earlier to occur of (a) 3:00 P.M. (New York Time) on July 22, 2017 and (b) the Delayed Draw Funding Date.
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Delayed Draw Funding Deadline set forth in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows: ““Delayed Draw Funding Deadline” means August 31, 2017.”
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Delayed Draw Funding Deadline means August 31, 2017.”
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Examples of Delayed Draw Funding Deadline in a sentence

  • Silgan agrees to pay to the Administrative Agent, for the account of each Lender with a US A Term Loan Commitment, a non-refundable ticking fee (the “Ticking Fee”) during the period commencing on the Effective Date and ending on the Delayed Draw Funding Deadline, at a rate per annum equal to 0.35% times the unfunded US A Term Loan Commitments.

  • Service contracts can be set up with rendering companies to periodically remove waste fat and oil from a facility.

  • Notwithstanding the foregoing, any unfunded portion of the Total US A Term Loan Commitment shall automatically terminate in its entirety on the Delayed Draw Funding Deadline.

  • The commitment fee shall be payable in arrears on the last Business Day of each calendar quarter during the period commencing on the Closing Date and ending on the earlier to occur of (A) the Initial Delayed Draw Term Loan Funding Date and (B) the Delayed Draw Funding Deadline.

  • If the Delayed Draw Term Loan Funding Date shall not have occurred on or prior to the Delayed Draw Funding Deadline, the Delayed Draw Term Loan Commitment of each applicable Lender shall terminate on the Delayed Draw Funding Deadline.

  • More specifically, two maintenance tasks are used; a manual visual inspection of the brake wear pins by a ground engineer at a fixed flight-cycle interval and the subsequent replacement if needed.

  • If the Delayed Draw Term Loan Funding Date shall not have occurred on or prior to the Delayed Draw Funding Deadline, the Delayed Draw Term Loan Commitment of each Delayed Draw Lender shall terminate on the Delayed Draw Funding Deadline.

  • If the Initial Delayed Draw Term Loan Funding Date shall not have occurred on or prior to the Delayed Draw Funding Deadline, the Delayed Draw Term Loan Commitment of each applicable Lender shall terminate on the Delayed Draw Funding Deadline.

  • The commitment fee shall be payable in arrears on the last Business Day of each calendar quarter during the period commencing on the Amended and Restated Closing Date and ending on the earlier to occur of (A) the Delayed Draw Term Loan Funding Date and (B) the Delayed Draw Funding Deadline.

  • The Delayed Draw Ticking Fee shall be payable in arrears on the earlier to occur of the Delayed Draw Funding Deadline and the Delayed Draw Funding Date.


More Definitions of Delayed Draw Funding Deadline

Delayed Draw Funding Deadline means August 15, 2009.
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Delayed Draw Funding Deadline means December 31, 2017.”
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Delayed Draw Funding Deadline means May 1, 2008; provided that such date may be extended to a date occurring on or before August 1, 2008 with the written approval of the Requisite Delayed Draw Term Loan Lenders.
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Delayed Draw Funding Deadline means May 31, 2017. “Delayed Draw Ticking Fee” has the meaning assigned thereto in Section 5.3(b). “Disclosure Letter” means the Disclosure Letter, dated as of the date hereof, delivered by Borrower to the Administrative Agent in connection with this Agreement, as may be updated from time to time in accordance with the terms of this Agreement and the other Loan Documents. “Disqualified Equity Interests” means any Equity Interests that, by their terms (or by the terms of any security or other Equity Interest into which they are convertible or for which they are exchangeable) or upon the happening of any event or condition, (a) mature or are mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations (other than inchoate indemnity obligations) that are accrued and payable and the termination of the Revolving Credit Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests) (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event 10 87048192_27
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Delayed Draw Funding Deadline means December 15, 2021. 16
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Delayed Draw Funding Deadline means September 5, 2020.
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Related to Delayed Draw Funding Deadline

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

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

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

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Draw Date means, with respect to any Insured Distribution Date, the third Business Day immediately preceding such Insured Distribution Date.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Initial Loan is defined in Section 2.1.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

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

  • Refunding Date as defined in Section 2.7.