Delayed Draw Term Availability Period definition

Delayed Draw Term Availability Period means the period from and including the Closing Date to the earliest of (a) December 30, 2023, (b) the date of termination of the Delayed Draw Term Commitments pursuant to Section 3.2(c), (c) the date of termination of the commitment of each Delayed Draw Term Lender to make Delayed Draw Term Loans pursuant to Section 10.2 and (d) the date that the Delayed Draw Term Loan Outstandings are at least equal to the Delayed Draw Term Commitments. The aggregate unused Delayed Draw Term Commitments shall be automatically and permanently reduced to zero on the first day following the last day of the Delayed Draw Term Availability Period.
Delayed Draw Term Availability Period means the period from and including the Closing Date to but excluding the earlier of April 30, 2014 and the date of termination of the Delayed Draw Term Commitments.
Delayed Draw Term Availability Period means the period commencing on December 31, 2020 and ending on the earlier of (a) September 30, 2021 and (b) the date on which the Borrower is no longer permitted to request Delayed Draw Term Loans pursuant to the terms of this Agreement.

Examples of Delayed Draw Term Availability Period in a sentence

  • The Lenders shall have no obligation to make Delayed Draw Term Loans hereunder after the Delayed Draw Term Availability Period.

  • Subject to the proviso in the directly preceding sentence, all Delayed Draw Commitment Fees shall be payable in arrears on each Payment Date and on the last day of the Delayed Draw Term Availability Period.


More Definitions of Delayed Draw Term Availability Period

Delayed Draw Term Availability Period means the period from and including the Effective Date to but excluding the earlier of the Delayed Draw Term Commitment Termination Date and the date of termination of the Delayed Draw Term Commitments.
Delayed Draw Term Availability Period means the period commencing on December 31, 2020 and ending on the earlier of

Related to Delayed Draw Term Availability Period

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

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

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.