Delayed Draw Term Facility definition

Delayed Draw Term Facility means, at any time, the aggregate amount of the Delayed Draw Term LendersDelayed Draw Term Commitments at such time.
Delayed Draw Term Facility means, at any time, the credit facility constituting the Delayed Draw Term Commitments and Delayed Draw Term Loans.
Delayed Draw Term Facility means, (a) at any time on or prior to the end of the Delayed Draw Term Availability Period, the aggregate amount of the Delayed Draw Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Delayed Draw Term Loans of all Delayed Draw Term Lenders outstanding at such time.

Examples of Delayed Draw Term Facility in a sentence

  • Within 45 days of the Closing Date, the Borrower shall use commercially reasonable efforts to obtain and maintain (a) public corporate ratings and public corporate family ratings of the Borrower and (b) a rating of each of the Initial Term Facility and the Delayed Draw Term Facility, in each case, from each of S&P and Xxxxx’x; provided, that in no event shall the Borrower be required to maintain any specific rating with any such agency.


More Definitions of Delayed Draw Term Facility

Delayed Draw Term Facility means the Delayed Draw Term Commitments and the Delayed Draw Term Loans and other extensions of credit thereunder.
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 Facility means (a) at any time on or prior to the Delayed Draw Termination Date, the aggregate amount of the Delayed Draw Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Delayed Draw Term Loans of all Delayed Draw Term Lenders outstanding at such time. On the Closing Date the Delayed Draw Term Facility is $104,655,000.00, and on the Delayed Draw Funding Date will be adjusted as described in Section 2.01(c).
Delayed Draw Term Facility the Delayed Draw Term Commitments and the Delayed Draw Term Loans made thereunder.
Delayed Draw Term Facility means, (a) at any time during the Availability Period in respect of such Facility, the sum of (i) the aggregate amount of the Delayed Draw Term Commitments at such time and (ii) the aggregate amount of the Delayed Draw Term Loans of all Delayed Draw Term Lenders outstanding at such time and (b) thereafter, the aggregate amount of Delayed Draw Term Loans of all Delayed Draw Term Lenders outstanding at such time. On the Closing Date the Delayed Draw Term Facility is $75,000,000.
Delayed Draw Term Facility means the Delayed Draw Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.
Delayed Draw Term Facility means (a) at any time on or prior to the Delayed Draw Termination Date, the aggregate amount of the Delayed Draw Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Delayed Draw Term Loans of all Delayed Draw Term Lenders outstanding at such time. On the SecondThird Amendment Effective Date the Delayed Draw Term Facility is €215,000,000.