Delayed Draw Ticking Fee definition

Delayed Draw Ticking Fee has the meaning specified in Section 2.09(b).
Delayed Draw Ticking Fee shall have the meaning assigned to such term in Section 2.05(f).
Delayed Draw Ticking Fee has the meaning specified in Section 4.3 [Delayed Draw Ticking Fees].

Examples of Delayed Draw Ticking Fee in a sentence

  • The Borrower agrees to pay to the Administrative Agent in dollars for the account of each Lender a commitment fee (the “Delayed Draw Ticking Fee”), which shall accrue at the Applicable Delayed Draw Ticking Fee Rate on the average daily unused amount of the Delayed Draw Commitment of such Lender during the period from and including the Closing Date to but excluding the date on which the Delayed Draw Commitments terminate.


More Definitions of Delayed Draw Ticking Fee

Delayed Draw Ticking Fee shall have the meaning assigned to such term in the Fee Letter.
Delayed Draw Ticking Fee has the meaning assigned to such term in Section 2.11(h).
Delayed Draw Ticking Fee. Section 2.8 “Effective Date” Preamble
Delayed Draw Ticking Fee equal to the product of the Delayed Draw Ticking Fee Percentage multiplied by the actual daily amount of the Delayed Draw Commitment of such Delayed Draw Lender. The Delayed Draw Ticking Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. Anything herein to the contrary notwithstanding, during such period that a Delayed Draw Lender is a Defaulting Lender, such Defaulting Lender will not be entitled to any Delayed Draw Ticking Fees accruing during such period (without prejudice to the rights of the Delayed Draw Lenders other than Defaulting Lenders in respect of such fees).
Delayed Draw Ticking Fee has the meaning assigned thereto in Section 5.3(b).
Delayed Draw Ticking Fee has the meaning assigned thereto in Section 5.3(b). “Disclosure Letter” means the Disclosure Letter, dated as of the date hereof, delivered by Borrower to the Administrative Agent in connection with this Agreement, as may be updated from time to time in accordance with the terms of this Agreement and the other Loan Documents. “Disqualified Equity Interests” means any Equity Interests that, by their terms (or by the terms of any security or other Equity Interest into which they are convertible or for which they are exchangeable) or upon the happening of any event or condition, (a) mature or are 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 (other than inchoate indemnity obligations) that are accrued and payable and the termination of the Revolving Credit Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests) (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 10 87048192_27
Delayed Draw Ticking Fee shall have the meaning provided in Section 4.1(e).