Delayed Draw Term Loan Commitment Period definition

Delayed Draw Term Loan Commitment Period means the time period commencing on the Closing Date through and including the Delayed Draw Term Loan Commitment Termination Date.
Delayed Draw Term Loan Commitment Period means the period commencing on the Fifth Restatement Effective Date and ending on June 17, 2013.
Delayed Draw Term Loan Commitment Period means the time period commencing on the Closing Date through to and including the Delayed Draw Term Loan Commitment Termination Date.

Examples of Delayed Draw Term Loan Commitment Period in a sentence

  • No more than two (2) separate advances during any calendar month period under the Aggregate Delayed Draw Term Loan Commitment shall be permitted during the Delayed Draw Term Loan Commitment Period.

  • The Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender (along with the Aggregate Delayed Draw Term Loan Commitment) shall be reduced by the amount of each such advance made by such Delayed Draw Term Loan Lender on the date that each such advance is made, and the Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender, along with the Aggregate Delayed Draw Term Loan Commitment, shall terminate on the last day of the Delayed Draw Term Loan Commitment Period.

  • During the Delayed Draw Term Loan Commitment Period, subject to the terms and conditions hereof, each Lender holding a Delayed Draw Term Loan Commitment severally agrees to make Delayed Draw Term Loans, in accordance with Section 2.01 and subject to the requirements of Section 2.16, to Borrowers in the aggregate amount up to but not exceeding such Lender’s Delayed Draw Term Loan Commitment.

  • Company may make one or more drawings under the Delayed Draw Term Loan Commitments during the Delayed Draw Term Loan Commitment Period.

  • Borrowers may make: (i) only one borrowing under the Initial Term Loan Commitments, which shall be on the Closing Date and (ii) borrowings under the Delayed Draw Term Loan Commitments during the Delayed Draw Term Loan Commitment Period in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.


More Definitions of Delayed Draw Term Loan Commitment Period

Delayed Draw Term Loan Commitment Period means the period commencing on the Closing Date and ending on the Delayed Draw Term Loan Commitment Termination Date.
Delayed Draw Term Loan Commitment Period the period commencing on the Effective Date and ending on the Delayed Draw Term Loan Termination Date (or such earlier date on which (a) the Loans become due and payable pursuant to Section 8 or (b) the Delayed Draw Term Loan Commitment is terminated pursuant to Section 2.11(b).
Delayed Draw Term Loan Commitment Period the period commencing on the Closing Date and ending on the first anniversary of the Closing Date.
Delayed Draw Term Loan Commitment Period means the period commencing on the Fifth Restatement Effective Date and ending on
Delayed Draw Term Loan Commitment Period means in respect of the Delayed Draw Term Loan Commitments, the period after the Closing Date to, but excluding, the Delayed Draw Term Loan Commitment Expiration Date. “Delayed Draw Term Loan Funding Date” means any date on which Delayed Draw Term Loans are made by a Delayed Draw Term Loan Lender. “Delayed Draw Term Loan Lender” shall mean a Lender holding a Delayed Draw Term Loan Commitment, a Delayed Draw Term Loan Commitment Amount, and/or any Delayed Draw Term Loans. “Disqualified Equity Interests” shall mean any Equity Interest that, by its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Term Loan Commitments), (b) is redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests), in whole or in part, (c) provides for the scheduled payments of dividends in cash or (d) is or becomes convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is 91 days after the Term, provided, that only the portion of the Equity Interests that so mature or are mandatorily redeemable, are so convertible or exchangeable or are so redeemable at the option of the holder thereof prior to such date, shall be deemed to be Disqualified Equity Interests. "Disqualified Lender” means (a) any Person that has been identified in writing to the Administrative Agent prior to the Closing Date; (b) any Person that is a competitor of the Borrower or any of its Subsidiaries that has been identified in writing to the Administrative Agent from time to time by the Borrower (which list of competitors may be supplemented by the Borrower after the Closing Date by means of a written notice to the Administrative Agent, but which supplementation shall not apply retroactively to disqualify any previously acquired assignment or participation in any Loan); and (c) any Affiliate (other tha...
Delayed Draw Term Loan Commitment Period the period from and including the Effective Date to but not including the date which is eighteen months thereafter.
Delayed Draw Term Loan Commitment Period the period from and including the Closing Date to and including August 15, 2007.