Delayed Draw Term Commitments definition

Delayed Draw Term Commitments means the aggregate Delayed Draw Term Loan Commitments of all the Lenders.
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Delayed Draw Term Commitments means such commitments of all Term Lenders in the aggregate. The amount of each Term Lender’s Delayed Draw Term Commitment, if any is set forth on Schedule C-2 or in the applicable Assignment and Acceptance, subject to any adjustment pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Commitments as of the Closing Date is $105,000,000 (before giving effect to the Delayed Draw Term Advances made on the Final Term Funding Date).
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Delayed Draw Term Commitments means, collectively, the Delayed Draw Term A Commitments, the Delayed Draw Term B Commitments, the Delayed Draw Term A-1 Commitments and the Delayed Draw Term B-1 Commitments.
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Examples of Delayed Draw Term Commitments in a sentence

  • The Borrower shall pay to the Administrative Agent for the account of each Delayed Draw Term Lender in accordance with its Pro Rata Share, a commitment fee (a “Delayed Draw Commitment Fee”) in Dollars, equal to the product of (i) 0.35% per annum and (ii) the actual daily amount by which the aggregate Delayed Draw Term Commitments exceed the Outstanding Amount of Delayed Draw Term Loans.


More Definitions of Delayed Draw Term Commitments

Delayed Draw Term Commitments means, as to any Lender, its obligation to make Delayed Draw Term Loans to the Borrower pursuant to Section 2.01(c) in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Commitment” opposite such Term Lender’s name on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Term Lender became a party hereto, as the same may be adjusted from time to time in accordance with this Agreement. The original principal amount of the Delayed Draw Term Commitments shall be $100,000,000 on the Closing Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
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Delayed Draw Term Commitments means, with respect to each 2018 Incremental Term Lender, its commitment to make Delayed Draw Term Loans to the Borrower, as the same may be (i) reduced from time to time pursuant to Section 2.06 of the Amended Credit Agreement and (ii) reduced or increased from time to time pursuant to (A) assignments by or to such 2018 Incremental Term Lender pursuant to an Assignment and Assumption in accordance with the terms of the Amended Credit Agreement, (B) an Incremental Amendment, (C) a Refinancing Amendment, (D) an Extension Amendment or (E) an amendment to the Amended Credit Agreement in respect of Replacement Term Loans. The aggregate amount of Delayed Draw Term Commitments on the First Amendment Effective Date is $100,000,000. If the Delayed Draw Term Commitments are not fully drawn on October 31, 2018, the undrawn portion of the Delayed Draw Term Commitments (if any) shall automatically terminate on such date.
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Related to Delayed Draw Term Commitments

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

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

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

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

  • Term Commitments means an Initial Term Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • 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.

  • 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).

  • Term Commitment means, as to each Term Lender, its obligation to make Term 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 Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

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

  • 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.

  • 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).