Delayed Draw Term Loan Commitment Fee definition

Delayed Draw Term Loan Commitment Fee has the meaning specified in Section 2.09(b).
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Delayed Draw Term Loan Commitment Fee means such term as defined in Section 3.5(b).
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Delayed Draw Term Loan Commitment Fee shall have the meaning provided in Section 4.1(f),
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Examples of Delayed Draw Term Loan Commitment Fee in a sentence

  • The total Unused Delayed Draw Term Loan Commitment Fee paid by the Borrower will be equal to the sum of all of the Unused Delayed Draw Term Loan Commitment Fees due to the Lenders.

  • The Unused Delayed Draw Term Loan Commitment Fee provided in this Section 4.01(a) shall accrue at all times from and after the Closing Date through the applicable Delayed Draw Term Loan Commitment Expiration Date; provided that, for the avoidance of doubt, as of the Second Amendment Effective Date, the Unused Delayed Draw Term Loan Commitment Fee provided in this Section 4.01(a) shall be $292,916.67.

  • Borrower hereby agrees to pay Agent, for the account of each Lender, a commitment fee (the “Delayed Draw Term Loan Commitment Fee”) in an aggregate amount equal to 1.00% of the amount set forth beside such Lender’s name on Schedule C-2 to the Credit Agreement (as amended hereby), which Delayed Draw Term Loan Commitment Fee shall be fully earned, non-refundable and due and payable in full on the Sixth Amendment Effective Date.

  • The Delayed Draw Term Loan Commitment Fee constitutes Obligations and is in addition to any other fees payable by Borrower under the Credit Agreement or any other Loan Document.

  • The Delayed Draw Term Loan Commitment Fee shall accrue at all times commencing October 27, 2019 through the end of the Availability Period, including at any time during which one or more of the conditions in Section 4.03 is not met, and shall be due and payable in arrears and on the earlier of (x) the Harmony Acquisition Closing Date and (y) the last day of the Availability Period.

  • The Defaulting Lender (x) shall not be entitled to receive any Commitment Fee pursuant to Section 3.5(a) and any Delayed Draw Term Loan Commitment Fee pursuant to Section 3.5(b) for any period during which such Lender is a Defaulting Lender (and the Borrowers shall not be required to pay any such fee that otherwise would have been required to have been paid to such Defaulting Lender) and (y) shall be limited in its right to receive Letter of Credit Fees as provided in Section 3.5(c).

  • The Unused Delayed Draw Term Loan Commitment Fee provided in this Section 2.12(c) shall accrue at all times from and after the execution and delivery of this Agreement through the Delayed Draw Term Loan Commitment Expiration Date, including at any time during which one or more of the conditions in Article IV is not met.

  • Such Delayed Draw Term Loan Commitment Fee will be in all respects fully earned, due and payable upon the funding of the Delayed Draw Term Loans, and shall be non-refundable and non-creditable thereafter.

  • The Delayed Draw Term Loan Commitment Fee shall be payable in arrears to the Lenders on each Quarterly Payment Date in proportion to such Lenders’ respective then existing Delayed Draw Term Loan Commitment Amount.

  • The Unused Delayed Draw Term Loan Commitment Fee is payable in arrears on (i) the first day of each calendar month following the Closing Date and (ii) the Delayed Draw Term Loan Commitment Termination Date.


More Definitions of Delayed Draw Term Loan Commitment Fee

Delayed Draw Term Loan Commitment Fee has the meaning assigned thereto in Section 5.3(b).
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Delayed Draw Term Loan Commitment Fee means the fee payable by the Borrower to Lenders pursuant to Section 3.01(b).
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Related to Delayed Draw Term Loan Commitment Fee

  • 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 Closing Date is Twenty Million Dollars ($20,000,000.00).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • 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.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.