Draw Loans definition

Draw Loans shall have the meanings set forth in Section 2.9 of this Agreement..

Related to Draw Loans

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.