Delayed Draw Term Loan A definition

Delayed Draw Term Loan A means, collectively, the loans made by the Delayed Draw Term Loan A Lenders to the Borrowers after the Effective Date pursuant to Section 2.01(a)(ii).
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Delayed Draw Term Loan A shall have the meaning set forth in Section 2.01(a).
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Delayed Draw Term Loan A has the meaning given to such term in Section 2.2(c).
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Examples of Delayed Draw Term Loan A in a sentence

  • The Borrower hereby requests a single borrowing of the Delayed Draw Term Loan A on the Delayed Draw Term Loan A Funding Date.

  • The Delayed Draw Term Loan A Unused Commitment Fee shall accrue at all times until the Delayed Draw Term Loan A Funding Date, including at any time during which one or more of the conditions in Section 6 is not met, and shall be due and payable in arrears on each Interest Payment Date and upon termination of this Agreement.

  • The Delayed Draw Term Loan A Unused Commitment Fee shall be computed on the basis of actual days elapsed in a year of 360 days.

  • The Delayed Draw Term Loan A of each Delayed Draw Term Loan A Lender with a Delayed Draw Term Loan A Commitment shall be evidenced by, and repayable in accordance with the terms of the Delayed Draw Term Loan A Note payable to such Delayed Draw Term Loan A Lender in an amount equal to the Delayed Draw Term Loan A Commitment held by such Delayed Draw Term Loan A Lender and this Agreement.

  • On or before January 31, 2025 (or such later date as permitted by Agents in their sole discretion), the Credit Parties shall establish a deposit account in the name of Xcel Holdings, with Bank of America, N.A. or at another bank acceptable to Agent, subject to a fully blocked Control Agreement in form and substance satisfactory to Agent (the “Blocked Account”), for the deposit of the proceeds of the Delayed Draw Term Loan A.


More Definitions of Delayed Draw Term Loan A

Delayed Draw Term Loan A as defined in Section 2.1(f).
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Related to Delayed Draw Term Loan A

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).