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

Delayed Draw Lender means a Lender with a Delayed Draw Commitment, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to Section 10.06 or (b) all of the Delayed Draw Commitments and Delayed Draw Loans, if any, held by such Person have been assigned pursuant to Section 10.06 or (c) all of the Delayed Draw Commitments, if any, held by any such Person have been terminated and the Obligations relating to such Person’s Delayed Draw Loans (other than contingent obligations with respect to which no claim has been made), if any, owing to such Person have been paid in full; provided, however, that the obligations of such Person as a Lender that the Loan Documents expressly provide survive the termination of the Commitments held by such Person and the payment in full of the Obligations owing to such Person shall survive such termination and payment.

Examples of Delayed Draw Lender in a sentence

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The Company shall pay to the Administrative Agent for the account of each Term B Delayed Draw Lender a fee (the "TERM B DELAYED DRAW COMMITMENT FEE" and, together with the Revolving Commitment Fee, the "COMMITMENT FEES") equal to 0.75% per annum on such Lender's Term B Delayed Draw Commitment Percentage of the unfunded Term B Delayed Draw Committed Amount.
Memorials of Lord Beaconsfield, London: Macmillian and Co., 1881 [Reprint], 42-44.
Upon receipt of such notice and the satisfaction of the conditions set forth in Section 4.2, the Agent shall promptly notify each Delayed Draw Lender thereof on the date of receipt of such notice.
Subject to the terms and conditions of this Agreement and the other Loan Documents and in reliance on the representations and warranties set forth in this Agreement and the Loan Documents, each Delayed Draw Lender severally agrees to make a Delayed Draw Term Loan to the Borrower on the applicable Delayed Draw Funding Date in a principal amount equal to such Delayed Draw Lender’s Delayed Draw Commitment Amount.

More Definitions of Delayed Draw Lender

Delayed Draw Lender means a Lender with a Delayed Draw Commitment or a Delayed Draw Loan, unless and until (a) such Person ceases to be a “Lender” hereunder as a result of an assignment pursuant to Section 10.06 or (b) all of the Delayed Draw Commitments and Delayed Draw Loans, if any, held by such Person have been assigned pursuant to Section 10.06 or (c) all of the Delayed Draw Commitments, if any, held by any such Person have been terminated and the Obligations relating to such Person’s Delayed Draw Loans (other than contingent obligations with respect to which no claim has been made), if any, owing to such Person have been paid in full; provided, however, that the obligations of such Person as a Lender that the Loan Documents expressly provide survive the termination of the Commitments held by such Person and the payment in full of the Obligations owing to such Person shall survive such termination and payment.

Delayed Draw Lender means each Delayed Draw Tranche A Lender and each Delayed Draw Tranche B Lender.

Delayed Draw Lender each Lender having (i) a Delayed Draw Term Loan Commitment or (ii) Delayed Draw Term Loans outstanding.

Delayed Draw Lender means any Lender that has a Delayed Draw Commitment.

Delayed Draw Lender means any Lender under the Delayed Draw Facility.