Delayed Draw Term Commitment Termination Date definition

Delayed Draw Term Commitment Termination Date means the earlier of (i) October 1, 2018 and (ii) the termination of the Delayed Draw Term Commitments in full pursuant to Section 2.06(a).
Delayed Draw Term Commitment Termination Date has the meaning assigned to such term in Amendment No. 1.
Delayed Draw Term Commitment Termination Date means the earliest of (i) the date on which the entire Delayed Draw Term Loan Commitment has been drawn, (ii) May 3, 2024, (ii) the date on which the Delayed Draw Term Loan Commitments are terminated pursuant to Section 2.8 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).

Examples of Delayed Draw Term Commitment Termination Date in a sentence

  • The 2021 Delayed Draw Ticking Fee shall be due and payable quarterly in arrears after the Amendment No. 4 Effective Date and upon the earliest of the 2021 Delayed Draw Funding Date, the 2021 Delayed Draw Term Commitment Termination Date and the date of any other termination of the 2021 Delayed Draw Term Commitments.

  • The Delayed Draw Term Commitment Fee shall accrue at all times from the Closing Date until the date that is the earlier of (i) the Delayed Draw Funding Date and (ii) the Delayed Draw Term Commitment Termination Date, upon which date the Delayed Draw Term Commitment Fee shall become due and payable.

  • The Delayed Draw Term Loan Commitments of each Term Lender shall (i) automatically and permanently be reduced upon the making of any Delayed Draw Term Loans by an amount equal to the Delayed Draw Term Loans so made and (ii) automatically and permanently be reduced to $0 on the Delayed Draw Term Commitment Termination Date.

  • Each Lender’s Delayed Draw Term Commitment shall expire on the Delayed Draw Term Commitment Termination Date.

  • The Delayed Draw Term Commitment Fee shall accrue at all times from the ClosingAmendment No. 2 Effective Date until the date that is the earlier of (i) the Delayed Draw Funding Date and (ii) the Delayed Draw Term Commitment Termination Date, upon which date the Delayed Draw Term Commitment Fee shall become due and payable.


More Definitions of Delayed Draw Term Commitment Termination Date

Delayed Draw Term Commitment Termination Date means the earliest to occur of (a) the consummation of the GET Direct Sale without using the Delayed Draw Term Facility, (b) the termination of either the GET Merger Agreement or the GET Separation Agreement in accordance with the terms thereof and (c) 5:00 p.m., New York City time, on May 20, 2019, provided that if the End Date (as defined in the GET Merger Agreement as in effect on the Signing Date) shall have been extended in accordance with Section 10.01(b)(i) of the GET Merger Agreement (as in effect on the Signing Date), then the date in this clause (c) shall automatically be extended (but not beyond 5:00 p.m., New York City time, on August 20, 2019) to be the same date as the End Date as so extended.
Delayed Draw Term Commitment Termination Date means February 27, 2018.
Delayed Draw Term Commitment Termination Date means the earliest to occur of (a) the consummation of the GET Direct Sale without using the Delayed Draw Term Facility, (b) the termination of either the GET Merger Agreement or the GET Separation Agreement in accordance with the terms thereof and (c) 5:00 p.m., New York City time, on May 20, 2019, provided that if the End Date (as defined in the GET Merger Agreement as in effect on the Signing Date) shall have been extended in accordance with Section 10.01(b)(i) of the GET Merger Agreement (as in effect on the Signing Date), then the date in this clause (c) shall automatically be extended (but not beyond 5:00 p.m., New York City time, on August 20, 2019) to be the same date as the End Date as so extended. “Delayed Draw Term Facility” means the delayed draw term loan facility provided for herein, including the Delayed Draw Term Commitments and the Delayed Draw Term Loans. “Delayed Draw Term Funding Date” means the date, on or after the Effective Date and on or before the Delayed Draw Term Commitment Termination Date, on which the conditions specified in Section 4.02 are satisfied (or waived in accordance with Section 10.02). “Delayed Draw Term Lender” means a Lender with a Delayed Draw Term Commitment or an outstanding Delayed Draw Term Loan. “Delayed Draw Term Loan” means a Loan made pursuant to clause (b) of Section 2.01. “Delayed Draw Term Maturity Date” means the third anniversary of the Delayed Draw Term Funding Date. “Delayed Draw Term Ticking Fee” has the meaning set forth in Section 2.09(b). “Delayed Draw Term Ticking Fee Accrual Period” has the meaning set forth in Section 2.09(b). [[3851767]]
Delayed Draw Term Commitment Termination Date the earliest to occur of (i) the date the Delayed Draw Term Commitments are permanently reduced to zero, (ii) the date of the termination of the Delayed Draw Term Commitments pursuant to Section 9, (iii) the date as of which the Delayed Draw Term Commitments have been fully borrowed, and (iv) June 2, 2008.
Delayed Draw Term Commitment Termination Date means, in the case of the Trajen Acquisition, the earliest to occur of (i) the Administrative Agent's receipt of the Specified Acquisition Termination Notice, which shall be deemed to be a notice of termination of the Delayed Draw Term Commitments then outstanding, (ii) a public announcement by the owners of Trajen (or other appropriate Person) that the bid to make an Acquisition of, or Investment in, Trajen has been awarded to a Person other than a member of the MIC Group, (iii) March 31, 2007, (iv) the date on which the Delayed Draw Term Loans are funded and (v) in the case of any Equity Issuance (other than an Excluded Equity Issuance) made after the Effective Date, the date of such Equity Issuance; provided, that it is understood and agreed that in the event that the Net Cash Proceeds of such Equity Issuance are less than the then outstanding Delayed Draw Term Commitments, such Delayed Draw Term Commitments shall be terminated in part in an amount equal to such Net Cash Proceeds, with any such partial termination of the Delayed Draw Term Commitments being applied to ratably reduce the Delayed Draw Term Commitments of all Lenders by each such Lender's Ratable Portion of the amount of such partial termination.
Delayed Draw Term Commitment Termination Date means the earlier to occur of (x) the date occurring one year after the Initial Borrowing Date and (y) the date on which a Change of Control occurs.
Delayed Draw Term Commitment Termination Date means the earliest to occur of (a) February 6, 2016 (the date which is 18 months after the Second Restatement Date) or (b) the date of termination of the Delayed Draw Term Commitment in accordance with the terms of the Loan Documents.