Delayed Draw Term Loans definition

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

Delayed Draw Term Loans means the loans from time to time made pursuant to Section 2.01(b).

Delayed Draw Term Loans means the Term Loans made subsequent to the Closing Date and on or before the Draw Period Termination Date pursuant to subsection 2.01(b).

Examples of Delayed Draw Term Loans in a sentence

• On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).

• The obligations of each of the Lenders hereunder to make Closing Date Term Loans and Delayed Draw Term Loans, and to make payments pursuant to Section 10.04(c) are several and not joint.

• The Borrower Representative may not submit more than one (1) Borrowing Request Notice for Delayed Draw Term Loans during any week except with the consent of the Administrative Agent in its sole discretion.

• Each Lender’s applicable Delayed Draw Term Loan Commitment shall expire on the Delayed Draw Term Loan Commitment Termination Date and all Delayed Draw Term Loans and all other amounts owed hereunder with respect to the Delayed Draw Term Loans and the Delayed Draw Term Loan Commitments shall be paid in full no later than the Term Loan Maturity Date.

• The DIP Delayed Draw Term Loan Commitments shall expire (a) concurrently with the making of the DIP Delayed Draw Term Loans on each DIP Delayed Draw Term Loan Borrowing Date to the extent DIP Delayed Draw Term Loans are borrowed on such date and (b) automatically on the DIP Delayed Draw Term Loan Commitment Expiration Date.

More Definitions of Delayed Draw Term Loans

Delayed Draw Term Loans means the collective reference to the Delayed Draw 1 Term Loans made pursuant to Section 2.01(a)(iv) of the Existing Credit Agreement and Delayed Draw 2 Term Loans made pursuant to Section 2.01(a)(v) of the Existing Credit Agreement. Each Delayed Draw Term Loan shall be either a Eurocurrency Rate Loan or a Base Rate Loan.

Delayed Draw Term Loans means the term loans made by the Delayed Draw Term Lenders to the Company pursuant to Section 2.01(b).

Delayed Draw Term Loans means the terms loans made by Lenders to Company pursuant to subsection 2.1(a)(iv).

Delayed Draw Term Loans means Delayed Draw Tranche A Term Loans and Delayed Draw Tranche B Term Loans.

Delayed Draw Term Loans shall have the meaning assigned to such term in Section 2.01(b).

Delayed Draw Term Loans means the loans made on the Delayed Draw Funding Date by the Lenders to the Borrower pursuant to Section 2.01(b).

Delayed Draw Term Loans means the Term Loans made pursuant to the Delayed Draw Term Loan Commitments.