Delayed Draw Term Percentage definition

Delayed Draw Term Percentage means, as to any Delayed Draw Term Lender at any time, the percentage which such Lender's Delayed Draw Term Commitment then constitutes of the aggregate Delayed Draw Term Commitments (or, at any time after the Delayed Draw Term Commitment Period, the percentage which the aggregate principal amount of such Lender's Delayed Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed Draw Term Loans then outstanding).
Delayed Draw Term Percentage as to any Delayed Draw Term Lender at any time, the percentage which such Lender’s Delayed Draw Term Commitment then constitutes of the aggregate Delayed Draw Term Commitments then in effect (or, at any time after the last day of the Delayed Draw Commitment Period, the percentage which the aggregate principal amount of such Lender’s Delayed Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed Draw Term Loans then outstanding).
Delayed Draw Term Percentage as to any Canadian Borrower Term Lender at any time, the percentage which such Lender’s Delayed Draw Term Commitment and Delayed Draw Term Loans then constitutes of the aggregate outstanding Delayed Draw Term Commitments and Delayed Draw Term Loans then outstanding.

Examples of Delayed Draw Term Percentage in a sentence

  • Any reduction of the Delayed Draw Term Loan Commitments shall be applied to the Delayed Draw Term Loan Commitment of each Lender according to its Applicable Delayed Draw Term Percentage.

  • However, this idea was postponed due to there not being sufficient detail for the members of the UAB to discuss at dedicated meetings in the first year of operation.


More Definitions of Delayed Draw Term Percentage

Delayed Draw Term Percentage as to any Delayed-Draw Term Lender at any time, the percentage which such Lender’s Delayed-Draw Term Commitment then constitutes of the aggregate Delayed-Draw Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Delayed-Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed-Draw Term Loans then outstanding).
Delayed Draw Term Percentage as to any Delayed-Draw Term Lender at ---------------------------- any time, the percentage which the aggregate principal amount of such Lender's Delayed-Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed-Draw Term Loans then outstanding.
Delayed Draw Term Percentage means, as to any Delayed Draw Term Lender at any time, the percentage which such Lender's Delayed Draw Term Commitment then constitutes of the aggregate Delayed Draw Term Commitments (or, at any time after the Delayed Draw Term Commitment Period, the percentage which
Delayed Draw Term Percentage with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Delayed Draw Term Exposure at such time to the Delayed Draw Term Exposures of all Lenders at such time.
Delayed Draw Term Percentage as to any Delayed Draw Term Lender at any time, the percentage which such Lender’s Delayed Draw Term Commitment then constitutes of the Total Delayed Draw Term Commitment; provided, that in the case of Section 2.22 when a Defaulting Lender which is a Delayed Draw Term Lender shall exist, “Delayed Draw Term Percentage” shall mean the percentage which such Lender’s Delayed Draw Term Commitment then constitutes of the Total Delayed Draw Term Commitment (disregarding any Defaulting Lender’s Delayed Draw Term Commitment). With respect to any Delayed Draw Term Lender whose Delayed Draw Term Commitments shall have expired or terminated, “Delayed Draw Term Percentage” shall mean the percentage which the aggregate principal amount of such Lender’s Delayed Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed Draw Term Loans then outstanding.
Delayed Draw Term Percentage as to any Delayed Draw Term Lender at any time, the percentage which such Lender’s Delayed Draw Term Commitment then constitutes of the aggregate Delayed Draw Term Commitments.
Delayed Draw Term Percentage means as to any Delayed Draw Term Lender at any time, the percentage which such Lender’s Delayed Draw Term Commitment then constitutes of the aggregate Delayed Draw Term Commitments (or, at any time after the Delayed Draw Term Loan Borrowing Date, the percentage which the aggregate principal amount of such Delayed Draw Term Lender’s Delayed Draw Term Loans then outstanding constitutes of the aggregate principal amount of the Delayed Draw Term Loans then outstanding). “Designated Borrower” has the meaning specified in the introductory paragraph hereto. “Designated Borrower Notice” has the meaning specified in Section 2.25(a). “Designated Borrower Request and Assumption Agreement” has the meaning specified in Section 2.25(a). “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. “Dollar” and “$” mean lawful money of the United States. “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the Issuing Lender, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. The Dollar Equivalent at any time of the amount of any Letter of Credit, Bankers’ Acceptance or Loan denominated in an Alternative Currency shall be the amount most recently determined as provided in Section 1.05. “Domestic Loan Party” means a Loan Party that is organized under the laws of any political subdivision of the United States. “Domestic Loan Party Obligations” means Obligations of the Domestic Loan Parties. “Domestic Subsidiary” means any Subsidiary that is organized under the laws of any political subdivision of the United States. “Dutch Borrower” has the meaning specified in the introductory paragraph hereto. “Dutch Insolvency Event” means any bankruptcy (faillissement), suspension of payments (surseance van betaling), administration (onderbewindstelling), dissolution (ontbinding) and any other event whereby the relevant company is limited in the right to dispose of its asset...