Delayed Draw Notice definition

Delayed Draw Notice has the meaning assigned to such term in Section 2.1(e).
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Delayed Draw Notice is defined in Section 3.
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Delayed Draw Notice means the notice delivered by STERIS to the Administrative Agent setting forth the amount necessary to finance the change of control payments (including any accrued interest) to be made to the holders of the Existing STERIS Notes who accept STERIS’s change of control prepayment offer in accordance with the terms of such offer.
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Examples of Delayed Draw Notice in a sentence

  • The Issuer shall have delivered a Delayed Draw Notice to the Purchasers and Agent at least fifteen (15) Business Days prior to the proposed Delayed Draw Funding Date.

  • Each Delayed Draw Notice shall be deemed to be a representation and warranty by the Issuer that the conditions specified in Section 8.2 and Section 8.3 have been satisfied on and as of the date of the applicable Delayed Draw Funding Date.

  • The Delayed Draw Eligibility Event shall have occurred and the Borrower shall have delivered the Delayed Draw Notice.

  • Each Delayed Draw Notice shall be irrevocable and shall specify (i) the requested date of the issuance of such Delayed Draw Notes (which shall be a Business Day) (each a “Delayed Draw Funding Date”) and (ii) the principal amount of such Delayed Draw Notes to be issued and purchased.

  • Promptly following receipt of the Delayed Draw Notice, the Agent shall forward the Delayed Draw Notice to each Lender with a Delayed Draw Term Loan Commitment.

  • The Delayed Draw Notice shall be delivered to the Purchasers either electronically, by facsimile transmission or overnight delivery service at least ten (10) days prior to the date that the Company has selected the Delayed Draw Closing to occur and shall specify the date for the Delayed Draw Closing.

  • The parent company, Valora Holding AG with its registered office in Muttenz, Switzerland is listed on the SIX Swiss Exchange.

  • Promptly following receipt of the Delayed Draw Notice, the Agent shall forward the Delayed Draw Notice to each Lender with a Delayed Draw Term Loan Commitment.[reserved].

  • Upon the Administrative Agent’s receipt of the Delayed Draw Notice from STERIS, the Delayed Draw Commitments will be permanently reduced to an amount equal to the amount set forth in such Delayed Draw Notice.

  • The Initial Purchase shall be consummated (the “Initial Closing”) and any Subsequent Purchase shall be consummated (a “Subsequent Closing” and, together with the Initial Closing, each, a “Closing”) on a Business Day specified in the Initial Draw Notice or Delayed Draw Notice, as applicable, occurring not less than five Business Days after the date of such notice (unless, at the election of the Company such Initial Closing occurs on May 16, 2022), subject to the terms and conditions of this Agreement.

Related to Delayed Draw Notice

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

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

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

  • 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.

  • Extension Request means any Term Loan Extension Request or a Revolver Extension Request, as the case may be.

  • 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.

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

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

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

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

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).