Delayed Draw Term A Loan Commitment definition

Delayed Draw Term A Loan Commitment means, with respect to each Delayed Draw Term A Loan Lender, the commitment of such Lender to make a Delayed Draw Term A Loan to the Borrower on each Delayed Draw Funding Date A pursuant to Section 2.5(a) in an aggregate principal amount not to exceed the amount set forth next to the name of such Delayed Draw Term A Loan Lender in a Schedule of Commitments to be agreed by the Borrower and such Delayed Draw Term A Loan Lender. The Delayed Draw Term A Loan Commitments of all Delayed Draw Term A Loan Lenders shall not exceed the Delayed Draw Term A Loan Amount. For the avoidance of doubt, the Delayed Draw Term A Loan Commitments terminated in full upon the expiration of the Delayed Draw Term A Loan Availability Period.
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Delayed Draw Term A Loan Commitment means, as to each Delayed Draw Term A Lender, its obligation to make Delayed Draw Term A Loans to the Borrower pursuant to Section 2.01(d) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Delayed Draw Term A Lender’s name on Schedule 2.01.
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Delayed Draw Term A Loan Commitment means, as to each Delayed Draw Term A Lender, the obligation of such Delayed Draw Term A Lender to make Delayed Draw Term A Loans to the Borrower during the Delayed Draw Term A Loan Availability Period pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01 under the caption “Delayed Draw Term A Loan Commitment” or in the Assignment and Assumption or Incremental Amendment pursuant to which such Delayed Draw Term A Lender became a party hereto, as the same may be adjusted from time to time pursuant to the terms of this Agreement (including as increased, refinanced or extended as provided in Section 2.14, 2.15 and 2.16). The aggregate amount of the Delayed Draw Term A Lenders’ Delayed Draw Term A Loan Commitments on the Restatement Effective Date is $270,000,000.
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Examples of Delayed Draw Term A Loan Commitment in a sentence

  • Subject to the terms and conditions set forth herein, each Delayed Draw Term A Lender severally agrees to make a single loan (the “Delayed Draw Term A Loan”) to the Borrower on any Business Day on or prior to the Delayed Draw Term A Loan Termination Date in an amount not to exceed such Delayed Draw Term A Lender’s Delayed Draw Term A Loan Commitment.

  • The Borrower agrees to pay to the Administrative Agent in Dollars for the account of each Lender with a Delayed Draw Term A Loan Commitment, a fee which shall accrue at the rate of 0.25% per annum on the average daily undrawn portion of the Delayed Draw Term A Loan Commitments (the foregoing fees, the “Delayed Draw Term A Ticking Fee”).

  • Notwithstanding the foregoing, if the total Delayed Draw Term A Loan Commitment as of the Closing Date is not drawn on or prior to the Delayed Draw Term A Loan Commitment Expiration Date, the undrawn amount shall automatically be cancelled.

  • Any partial reduction of the Delayed Draw Term A Loan Commitment Amount, the Delayed Draw Term A-1 Loan Commitment Amount, the Delayed Draw Term B-1 Loan Commitment Amount or the Revolving Loan Commitment Amount shall be in a minimum amount of $1,000,000 and in an integral multiple of $500,000.

  • The Delayed Draw Ticking Fee shall be distributed to the Delayed Draw Term A Lenders pro rata in accordance with the amount of each such Delayed Draw Term A Lender’s Delayed Draw Term A Loan Commitment.

  • Subject to the terms and conditions expressly set forth herein and in the Restatement Agreement, after the Restatement Effective Date each Delayed Draw Term A Lender severally agrees to make one or more Delayed Draw Term A Loans, denominated in Dollars, to the Borrower, in up to five drawings during the Delayed Draw Term A Loan Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Delayed Draw Term A Lender’s Delayed Draw Term A Loan Commitment at such time.


More Definitions of Delayed Draw Term A Loan Commitment

Delayed Draw Term A Loan Commitment means, as to any Delayed Draw Term A Lend er, the obligation of such Delayed Draw Term A Lender to make Delayed Draw Term A Loans in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01A or in the Assignment and Assumption or Incremental Assumption Agreement pursuant to which such Delayed Draw Term A Lender became a party hereto, as the same may be changed from time to time pursuant to the terms of this Agreement (including as increased, extended or replaced as provided in Section 2.02, 2.19 and 2.20). The aggregate amount of the Delayed Draw Term A Lenders’ Delayed Draw Term A Loan Commit ments on the Restatement Effective Date is $200,000,000.
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Delayed Draw Term A Loan Commitment means, with respect to each Delayed Draw Term A Lender, the commitment, if any, of such Lender to make Delayed Draw Term A Loans expressed as an amount representing the maximum possible aggregate amount of such Lender’s Delayed Draw Term A Loans hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Delayed Draw Term A Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Delayed Draw Term A Loan Commitment, as applicable. The initial aggregate amount of the Lenders’ Delayed Draw Term A Loan Commitments is equal to $421,675,200.
Sample 1
Delayed Draw Term A Loan Commitment means, as to each Lender, its obligation to make a Delayed Draw Term A Loan to the Borrower on the Delayed Draw Funding Date pursuant to the Amendment and Restatement Agreement, expressed as an amount representing the maximum principal amount of such Lender’s Delayed Draw Term A Loan to be made by such Lender, as such amount is set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the Lenders’ Delayed Draw Term A Loan Commitments as of the Restatement Effective Date is $294,702,380.98.
Sample 1
Delayed Draw Term A Loan Commitment means, as to any Delayed Draw Term A Lender on the First Restatement Effective Date, the amount set forth opposite its name on Part 1 of Schedule 1.1(A) with respect to Delayed Draw Term A Loans, as such Commitment is thereafter reduced by the advances on the Delayed Draw Term A Loans or the termination thereof and “Delayed Draw Term A Loan Commitments” means the aggregate Delayed Draw Term A Loan Commitments of all of the Delayed Draw Term A Lenders. As of the First Restatement Effective Date, the aggregate amount of the Delayed Draw Term A Loan Commitments of all Delayed Draw Term A Lenders is $25,000,000.
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Delayed Draw Term A Loan Commitment means, on any date, relative to any Delayed Draw Term A Lender, (i) the result obtained by multiplying the Delayed Draw Term A Loan Commitment Amount by such Delayed Draw Term A Lender’s Percentage as reduced by (ii) the principal amount of any Delayed Draw Term A Loans made by such Delayed Draw Term A Lender as of such date. The amount and Percentage of the Delayed Draw Term A Loan Commitment of each Delayed Draw Term A Lender is set forth on such Lender’s signature page hereto or in a Lender Assignment Agreement.
Sample 1
Delayed Draw Term A Loan Commitment means, as to any Delayed Draw Term A Loan Lender, the obligation of such Delayed Draw Term A Loan Lender to make a portion of the Delayed Draw Term A Loans to the account of the Borrower hereunder on the Delayed Draw Funding Dates in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on the Schedule 2.1, as such amount may be reduced or otherwise modified at any time or from time to time pursuant to the terms hereof. The aggregate Delayed Draw Term A Loan Commitment of all Delayed Draw Term A Loan Lenders on the Closing Date shall be $50,000,000. The Delayed Draw Term A Loan Commitment of each Delayed Draw Term A Loan Lender as of the Closing Date is set forth opposite the name of such Delayed Draw Term A Loan Lender on Schedule 2.1.
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Related to Delayed Draw Term A Loan Commitment

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

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

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

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

  • 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.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

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

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • 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.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Initial 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 Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

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

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.