Delayed Draw Term Loan Commitment Expiration Date means the earlier of (i) the date on which the Closing Date Delayed Draw Term Loan Facility has been reduced to zero and (ii) the second anniversary of the Closing Date.
Delayed Draw Term Loan Commitment Expiration Date means, collectively, the Delayed Draw Term Loan A Commitment Expiration Date and the Delayed Draw Term Loan B Commitment Expiration Date.
Delayed Draw Term Loan Commitment Expiration Date means the eighteen month anniversary of the Closing Date.
Examples of Delayed Draw Term Loan Commitment Expiration Date in a sentence
Such unused commitment fees shall be payable in installments quarterly in arrears on the last Business Day of each March, June, September and December and on the Revolving Loan Commitment Expiration Date or the Delayed Draw Term Loan Commitment Expiration Date, as applicable, commencing on March 31, 2021.
The Delayed Draw Term Loan Commitments shall reduce to zero automatically on the Delayed Draw Term Loan Commitment Expiration Date and no Delayed Draw Term Loan shall be made on or after the Delayed Draw Term Loan Commitment Expiration Date.
Such fee shall be payable quarterly in arrears on the last Business Day of each March, June, September and December following the date hereof and upon the funding of any Delayed Draw funding date and on the applicable Delayed Draw Term Loan Commitment Expiration Date.
Each Lender’s Delayed Draw Term Loan Commitment shall expire on the Delayed Draw Term Loan Commitment Expiration Date.
If not previously terminated, the Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender shall terminate on the Delayed Draw Term Loan Commitment Expiration Date.
More Definitions of Delayed Draw Term Loan Commitment Expiration Date
Delayed Draw Term Loan Commitment Expiration Date means the earlier to occur of (a) May 15, 2021, and (b) the date when the Delayed Draw Term Loan Commitments have been reduced to $0.
Delayed Draw Term Loan Commitment Expiration Date means the earliest of (a) the date on which the Delayed Draw Term Loan Commitment is terminated and has been reduced to zero (0), (b) the date on which the entire amount of the Delayed Draw Term Loan Commitment has been borrowed, or (c) the date that is two (2) years after the Closing Date. “Delayed Draw Term Loan Funded Amount” means, with respect to any Lender at any time, the aggregate principal amount of the Delayed Draw Term Loan funded by such Lender. “Delayed Draw Term Note” has the meaning given to such term in Section 1.1(b). “Designated Person” has the meaning assigned to it in Section 3.22(a). “De-SPAC Transaction” means the series of related transactions pursuant to which (a) Volta Industries, Inc., a Delaware corporation, shall merge with and into SNPR Merger Sub I, Inc., a Delaware corporation, with Volta Industries, Inc. being the surviving entity (the “First Surviving Entity”) in such transaction (the “De-SPAC First Merger”), (b) promptly after the De-SPAC First Merger referred to in the foregoing clause (a), Volta Industries, Inc. as the First Surviving Corporation shall merge with and into SNPR Merger Sub II, LLC, a Delaware limited liability company, with Volta Charging Industries, LLC (f/k/a SNPR Merger Sub II, LLC), being the surviving entity (the “Second Surviving Entity”) in such transaction (the “De-SPAC Second Merger”), and (c) upon consummation of both of the foregoing De-SPAC First Merger and De- SPAC Second Merger, Volta Charging Industries, LLC (f/k/a SNPR Merger Sub II, LLC) shall (i) become a wholly-owned subsidiary of Tortoise Acquisition Corp. II, and (ii) immediately be renamed Volta Inc., as such series of related transactions is set forth in greater detail in that certain Business Combination Agreement and Plan of Reorganization, dated as of February 7, 2021, by and among Tortoise Acquisition Corp. II, SNPR Merger Sub I, Inc., SNPR Merger Sub II, LLC, and Volta Industries, Inc. “Disqualified Capital Stock” shall mean any Equity Interest which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof, in whole or in part, on or prior to the first anniversary of the Maturity Date, (b) is convertible into or...
Delayed Draw Term Loan Commitment Expiration Date. August 19, 2023, or such earlier date as such Commitment shall expire or be terminated or the Delayed Draw Term Loans shall become due and payable in accordance with the terms hereof (whether pursuant to Section 7.1 or otherwise).
Delayed Draw Term Loan Commitment Expiration Date means March 18, 2016.
Delayed Draw Term Loan Commitment Expiration Date means the second anniversary of the Closing Date.
Delayed Draw Term Loan Commitment Expiration Date means the earliest of (a) the date on which the Delayed Draw Term Loan Commitment is terminated and has been reduced to zero (0), (b) the date on which the entire amount of the Delayed Draw Term Loan Commitment has been borrowed, or (c) the date that is two (2) years after the Closing Date. “Delayed Draw Term Loan Funded Amount” means, with respect to any Lender at any time, the aggregate principal amount of the Delayed Draw Term Loan funded by such Lender. “Delayed Draw Term Note” has the meaning given to such term in Section 1.1(b). “Designated Person” has the meaning assigned to it in Section 3.22(a). “Disqualified Capital Stock” shall mean any Equity Interest which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening
Delayed Draw Term Loan Commitment Expiration Date means the earliest of (a) the date on which the Delayed Draw Term Loan Commitment is terminated and has been reduced to zero (0), (b) the date on which the entire amount of the Delayed Draw Term Loan Commitment has been borrowed, or (c) the date that is two (2) years after the Closing Date. “Delayed Draw Term Loan Funded Amount” means, with respect to any Lender at any time, the aggregate principal amount of the Delayed Draw Term Loan funded by such Lender. “Delayed Draw Term Note” has the meaning given to such term in Section 1.1(b).