Delayed Draw Term Loan Notes definition

Delayed Draw Term Loan Notes means the promissory notes of the Borrowers in favor of each of the Lenders with a Delayed Draw Term Loan Commitment, evidencing its portion of the Delayed Draw Term Loan in substantially the form attached as Schedule 2.8(a)-4, individually or collectively, as appropriate, as such promissory notes may be amended, restated, modified, supplemented, extended, renewed or replaced from time to time.
Sample 1
Delayed Draw Term Loan Notes have the respective meanings specified in Section 2.2(b).
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Examples of Delayed Draw Term Loan Notes in a sentence

  • Xxxxxxxx agrees to repay the Delayed Draw Term Loans, with interest, in accordance with the Delayed Draw Term Loan Notes, this Agreement, and the other Loan Documents.

  • Each Delayed Draw Term Loan will be evidenced by a Delayed Draw Term Loan Note appropriately completed in accordance with the terms of the form of Delayed Draw Term Loan Note attached hereto as Exhibit G to include the applicable interest rate and required amortization payments; provided that the aggregate principal amount of all Delayed Draw Term Loan Notes shall not exceed the Maximum Delayed Draw Term Loan Principal Amount.

  • This Delayed Draw Term Loan Note is one of the Delayed Draw Term Loan Notes referenced in that certain Credit Agreement, dated as of July 31, 2023 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Borrower, the Lenders from time to time party thereto, and Stonebriar Commercial Finance, LLC, a Delaware limited liability company, as Administrative Agent.

  • This Delayed Draw Term Loan Note is one of the Delayed Draw Term Loan Notes referred to in the Credit Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.

  • The Borrowers covenant and agree to pay the Delayed Draw Term Loan in accordance with the terms of this Credit Agreement and the Delayed Draw Term Loan Notes, if any.

  • This Note is one of the Delayed Draw Term Loan Notes referred to in the Term Loan Agreement and evidences Delayed Draw Term Loans made by the Lender thereunder.

  • This Note is one of the Delayed Draw Term Loan Notes referred to in, and is entitled to the benefits of, the Credit Agreement, dated as of [•], 2011 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the Lenders party thereto, and Société Générale, New York Branch, as administrative agent and collateral agent for the Lenders.

  • This Note is one of the Delayed Draw Term Loan Notes referred to in, and is issued pursuant to, the Loan and Security Agreement.

  • This Note is one of the Delayed Draw Term Loan Notes referred to in the Credit Agreement, and the holder is entitled to the benefits thereof.

  • The Delayed Draw Term Loan Notes, if any, shall evidence the Delayed Draw Lender Term Loan of each Term Lender in an original principal amount equal to that Term Lender’s Pro Rata Share of the original principal amount of the Delayed Draw Term Loan on the Delayed Draw Date and with other appropriate insertions.

Related to Delayed Draw Term Loan Notes

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan 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 Schedule 2.01 or in the applicable Assignment and Assumption, 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 $165,000,000.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • 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.

  • Term Loans as defined in Section 2.1.

  • 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.