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.
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.” (b)The first paragraph of Section 4.3(a) of the Credit Agreement is hereby amended and restated in its entirety as follows: “The Borrower shall repay the aggregate outstanding principal amount of the Incremental Term Loan-1 (including the Delayed Draw Term Loan) in consecutive quarterly installments on the last Business Day of each March, June, September and December commencing with June 30, 2017 equal to the sum of (i) the applicable percentage set forth below times the original principal amount of the Incremental Term Loan-1 (excluding the Delayed Draw Term Loan) outstanding on the Third Amendment Effective Date and (ii) on and after the Delayed Draw Funding Date, the applicable percentage set forth below times the original principal amount of the Delayed Draw Term Loan outstanding on the Delayed Draw Funding Date (in each case, as such installments may be adjusted pursuant to Section 4.4):” (c)Section 5.3(b) of the Credit Agreement is hereby amended and restated in its entirety as follows: “(b)
Delayed Draw Funding Deadline set forth in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Examples of Delayed Draw Funding Deadline in a sentence

  • 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 Ticking Fee shall be payable in arrears on 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 Delayed Draw Lender shall terminate on the Delayed Draw Funding Deadline.

  • PRICING‌ (Return to Table of Contents) Prices are found in the GSA authorized price list posted on this webpage and will remain firm for the term of the agreement.

  • 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.


More Definitions of Delayed Draw Funding Deadline

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.
Delayed Draw Funding Deadline means August 15, 2009.
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. “Designated Credit Parties” shall mean those Credit Parties that are from time to time party to the Accounts Receivables Facility Documents. “Disqualified Capital Stock” means, with respect to any Person, any capital stock or other equity interests of such Person that, by their terms (or by the terms of any security or other capital stock or other equity interests 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 Capital Stock), 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 in cash of the Loans and all other Obligations ((other than contingent indemnification obligations not then due) and the termination of the Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Capital Stock) (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 in cash of the Loans and all other Obligations ((other than contingent indemnification obligations not then due) and the termination of the Commitments), in whole 18 150546217_8170136845_8
Delayed Draw Funding Deadline means August 31, 2017.”
Delayed Draw Funding Deadline means December 15, 2021. 16
Delayed Draw Funding Deadline means December 31, 2017.”
Delayed Draw Funding Deadline means September 5, 2020.