A-1-A Delayed Draw Loan definition

A-1-A Delayed Draw Loan means a term loan made by an A-1-A Delayed Draw Lender to the U.S. Borrower pursuant to Section 2.1(b)(i)(A) (it being understood and agreed that any conversion or continuation of a Closing Date Loan shall not constitute an “A-1-A Delayed Draw Loan”). Each A-1-A Delayed Draw Loan will either be a Base Rate Delayed Draw Loan or a Eurocurrency Rate Delayed Draw Loan.
Sample 1

Examples of A-1-A Delayed Draw Loan in a sentence

  • The Borrower promises to pay interest on the unpaid principal amount of each A-1-A Delayed Draw Loan from the date of such A-1-A Delayed Draw Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.

Related to A-1-A Delayed Draw Loan

  • 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.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Delayed Draw Commitment means, as to each Lender, its obligation to make Delayed Draw Loans to the Borrower pursuant to Section 2.01(b) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Delayed Draw Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Delayed Draw Commitments of all of the Lenders on the Closing Date shall be $150,000,000.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

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

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.