Delayed Draw Term Loan Commitment Termination Date definition

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 Loan Commitment Termination Date means the earlier of (i) the date that is the eighteen (18) month anniversary of the Closing Date and (ii) with respect to any Delayed Draw Term Commitment that is terminated pursuant to Section 2.04, the termination of such Delayed Draw Term Commitment; provided that if such date is not a Business Day, the “Delayed Draw Term Loan Commitment Termination Date” will be the next succeeding Business Day.

Delayed Draw Term Loan Commitment Termination Date means, for any Delayed Draw Term Loan Commitment, the last day of the applicable Borrowing Period for such Delayed Draw Term Loan Commitment.

Examples of Delayed Draw Term Loan Commitment Termination Date in a sentence

• Each Lender’s Delayed Draw Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Term Loan Commitment Termination Date.

• Subject to and upon the terms and conditions herein set forth, each Lender having an Delayed Draw Term Loan Commitment severally agrees to make a loan or loan (each, an “Delayed Draw Term Loan”) to the Borrowers at any time after the Delayed Draw Closing Date up until the Delayed Draw Term Loan Commitment Termination Date, which Delayed Draw Term Loans shall not exceed for any such Lender the Delayed Draw Term Loan Commitment of such Lender and in the aggregate shall not exceed $1,425,000,000.

• The Delayed Draw Term Loan Commitment shall automatically reduce to $0, and the commitments of Lenders to make Delayed Draw Term Loans shall automatically terminate, on the Delayed Draw Term Loan Commitment Termination Date.

• The Delayed Draw Term Loan Commitment shall be reduced to zero upon the earlier of (i) the occurrence of the Delayed Draw Term Loan Commitment Termination Date and (ii) except with respect to a Defaulting Lender, if any (to the extent of any applicable unfunded amount), immediately after the funding thereof on the Filtration Acquisition Closing Date.

• On each Delayed Draw Term Loan Draw Date, the Commitments of the Lenders to make Delayed Draw Term Loans shall be permanently reduced on a dollar-for-dollar basis in an amount equal to the Delayed Draw Term Loan made on such Delayed Draw Term Loan Draw Date, and the Delayed Draw Term Loan Commitments of all Lenders shall expire on the Delayed Draw Term Loan Commitment Termination Date.

More Definitions of Delayed Draw Term Loan Commitment Termination Date

Delayed Draw Term Loan Commitment Termination Date means the earlier of (i) date that is six months after the Closing Date, (ii) the date on which the Delayed Draw Term Loan Commitment has been fully drawn and (iii) with respect to any Delayed Draw Term Loan Commitment that is terminated, the date of termination of such Delayed Draw Term Loan Commitment pursuant to Section 4.2(b); provided that if such date is not a Business Day, the “Delayed Draw Term Loan Commitment Termination Date” will be the next succeeding Business Day.

Delayed Draw Term Loan Commitment Termination Date means the earliest of (i) June 30, 2022, (ii) the date on which all Delayed Draw Term Loan Commitments have been drawn as Delayed Draw Term Loans hereunder, (iii) the date on which the Delayed Draw Term Loan Commitments are terminated pursuant to Section 2.07(b), (iii) the date on which the Tranche A Revolving Commitments are terminated pursuant to Section 2.07(b) and (iv) the date on which all amounts outstanding under this Agreement have been declared, or have automatically become, due and payable (whether by acceleration or otherwise).

Delayed Draw Term Loan Commitment Termination Date means June 6, 2018.

Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (a) the Final Maturity Date, (b) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.01(b) or 2.05(a)(ii), (c) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 9.01, (d) the date that is nine (9) months after the Effective Date, and (e) solely with respect to the Delayed Draw Term Loan A Commitments, the date the Loan Parties incur at least $5,000,000 of additional liquidity pursuant to an Alternative Credit Facility.

Delayed Draw Term Loan Commitment Termination Date has the meaning given to that term in Section 2.01(a)(iii)(A).

Delayed Draw Term Loan Commitment Termination Date means the earlier of (i) September 19, 2018, (ii) the Delayed Draw Closing Date, (iii) the closing of the CRIF Acquisition without use of the Delayed Draw Term Loan Facility, and (iv) the termination of the CRIF Acquisition Agreement validly and in accordance with its terms and which Initial Borrower does not object to.

Delayed Draw Term Loan Commitment Termination Date means the earlier to occur of (i) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Sections 2.11(b) or 2.12, (ii) the date of the termination of the Commitments pursuant to Section 8.1, and (iii) the date occurring twelve (12) months after the Closing Date.