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 means with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans in Dollars as set forth in Section 2.01(a). The initial amount of each Lender’s Delayed Draw Term Loan Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Delayed Draw Term Loan Commitment, as applicable. The aggregate amount of the Delayed Draw Term Loan Commitments on the Closing Date is $230,000,000.

Delayed Draw Term Loan Commitment means, (a) in the case of each Lender that is a Lender as of the date hereof, the amount set forth opposite such Lender’s name on Schedule 1.1(c)-1 as such Lender’s “Delayed Draw Term Loan Commitment” and (b) in the case of any Lender that becomes a Lender as of the date hereof, the amount specified as such Lender’s “Delayed Draw Term Loan Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Delayed Draw Term Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Original Closing Date was $225,000,000.

Examples of Delayed Draw Term Loan Commitment in a sentence

Delayed Draw Term Loan Commitment Amounts repaid or prepaid in respect of the Delayed Draw Term Loans may not be reborrowed.

More Definitions of Delayed Draw Term Loan Commitment

Delayed Draw Term Loan Commitment means, with respect to each Term Loan Lender, such Term Loan Lender’s commitment, to make Delayed Draw Term Loans in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Loan Commitment” opposite such Lender’s name on Schedule 1.

Delayed Draw Term Loan Commitment means, as to each Term Loan Lender, such Lender’s obligation to make Delayed Draw Term Loans during the Term Loan Availability Period pursuant to Section 2.01(b)(ii), in an amount up to, but not exceeding, the amount set forth for such Lender on Schedule I as such Lender’s “Delayed Draw Term Loan Commitment Amount”. As of the Effective Date, the aggregate amount of the Delayed Draw Term Loan Commitments shall be $135,000,000.

Delayed Draw Term Loan Commitment means, (a) in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1 as such Lender’s “Delayed Draw Term Loan Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “Delayed Draw Term Loan Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Delayed Draw Term Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $150,000,000.

Delayed Draw Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans hereunder. The initial amount of each Lender’s Delayed Draw Term Loan Commitment is set forth on Schedule 2.01A, or in the Assignment and Assumption or other documentation contemplated hereby pursuant to which such Lender shall have assumed its Delayed Draw Term Loan Commitment. The initial aggregate amount of all Delayed Draw Term Loan Commitments is $70,000,000.

Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, 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 Appendix A or in the applicable Assignment Agreement, 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 Second Restatement Effective Date and prior to giving effect to any Borrowing on such date is Twenty-Five Million Dollars ($25,000,000.00).