Delayed Draw Term Loan Commitment definition
Delayed Draw Term Loan Commitment means, for any Lender, the obligation of such Lender to make its portion of the Delayed Draw Term Loan on any Delayed Draw Funding Date in the aggregate principal amount shown on Schedule 1 for such Lender. “Delayed Draw Term Loan Commitments” means the aggregate amount of such commitments of all Lenders. The aggregate amount of Delayed Draw Term Loan Commitments as of the First Amendment Effective Date is $35,000,000.
Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan prior to the Delayed Draw Term Loan Commitment Termination Date, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate.
Delayed Draw Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Delayed Draw Term Loan Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
Examples of Delayed Draw Term Loan Commitment in a sentence
The aggregate principal amount of each Delayed Draw Term Loan Borrowing shall not be less than $20,000,000 or a larger multiple of $1,000,000 (unless such Borrowing is for the full remaining amount of the Delayed Draw Term Loan Commitment).
More Definitions of Delayed Draw Term Loan Commitment
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.
Delayed Draw Term Loan Commitment means the Initial Lender’s obligation to make Delayed Draw Term Loans to Borrower hereunder in the amount not to exceed the Maximum Delayed Draw Term Loan Principal Amount, as the same may be decreased by the aggregate principal amount of Delayed Draw Term Loans funded by the Initial Lender.
Delayed Draw Term Loan Commitment means the collective reference to the Delayed Draw 1 Term Loan Commitment and the Delayed Draw 2 Term Loan Commitment.
Delayed Draw Term Loan Commitment means the Commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan to OpCo 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 in 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 Closing Date is $75,000,000.
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, as to any Delayed Draw Term Lender, the aggregate commitment of such Delayed Draw Term Lender to make Delayed Draw Term Loans as set forth on Schedule 1.02(b), as such commitment (a) may be reduced or terminated from time to time pursuant to Section 2.05(b), (b) may be reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 12.04 and (c) is reduced in an amount equal to any Delayed Draw Term Loans drawn under Section 2.01(c). The aggregate amount of the Delayed Draw Term Loan Commitments of the Delayed Draw Term Lenders as of the Closing Date is $35,000,000.
Delayed Draw Term Loan Commitment means, with respect to each Lender, such Lender’s Delayed Draw Term Loan A Commitment and/or such Lender’s Delayed Draw Term Loan B Commitment, as applicable.