Additional Delayed Draw Term Loan Commitment definition

Additional Delayed Draw Term Loan Commitment means, with respect to each Lender, its Additional Delayed Draw Term Loan Commitment, and, with respect to all Lenders, their Additional Delayed Draw Term Loan Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to which such Lender became a Lender under the Agreement, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1 of the Agreement.
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Additional Delayed Draw Term Loan Commitment has the meaning provided in Section 2.01(b)(iii).
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Additional Delayed Draw Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans to the Borrower on and after the First Amendment Effective Date in the amount set forth in Schedule 1.01(A) hereto, as such amount may be terminated or reduced from time to time in accordance with the terms of this Agreement.”
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Examples of Additional Delayed Draw Term Loan Commitment in a sentence

  • The Additional Delayed Draw Term Loan Commitments shall terminate upon the earlier of (A) the making of the Additional Delayed Draw Term Loan on the applicable Funding Date and (B) the Additional Delayed Draw Term Loan Commitment Termination Date.

  • Subject to the terms and conditions of this Agreement, on a single Business Day selected by Borrower on or before the Additional Delayed Draw Term Loan Commitment Termination Date, each Lender with an Additional Delayed Draw Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make a term loan (the “Additional Delayed Draw Term Loan”) to Borrower in an aggregate principal amount not to exceed such Lender’s Pro Rata Share of the Additional Delayed Draw Term Loan Commitment.

  • On or prior to the Additional Delayed Draw Term Loan Commitment Termination Date, subject to the terms and conditions hereof, each Lender severally agrees to from time to time make Additional Delayed Draw Term Loans to Company in an original principal amount that will not result in the aggregate original principal amount of Additional Delayed Draw Term Loans made by such Lender exceeding such Lender’s Additional Delayed Draw Term Loan Commitment.

  • Each Lender’s Additional Delayed Draw Term Loan Commitment shall reduce by the amount of each Additional Delayed Draw Term Loan that is made and shall expire on the Additional Delayed Draw Term Loan Commitment Termination Date.


More Definitions of Additional Delayed Draw Term Loan Commitment

Additional Delayed Draw Term Loan Commitment means the commitment of an Additional Delayed Draw Term Loan Lender to make an Additional Delayed Draw Term Loan to the Borrower pursuant to Section 2.1.A(iv), up to the amount set forth on Schedule 2.1 which may be supplemented from time to time by the Administrative Agent prior to any funding of the Additional Delayed Draw Term Loan, to include additional Additional Delayed Draw Term Loan Commitments so long as the aggregate amount of Additional Delayed Draw Term Loan Commitments does not exceed $100,000,000, as the Additional Delayed Draw Term Loan Commitment of such Additional Delayed Draw Term Loan Lender (or as set forth in the Register pursuant to any assignment of any such Additional Delayed Draw Term Loan Commitment in accordance with the terms hereof) and
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Additional Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund any Additional Delayed Draw Term Loan and “Additional Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Additional Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A-3 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Additional Delayed Draw Term Loan Commitments as of the Closing Date is $30,000,000.
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Additional Delayed Draw Term Loan Commitment means the Initial Lender’s obligation to make an Additional Delayed Draw Term Loan to Borrower hereunder in the amount not to exceed the Maximum Additional Delayed Draw Term Loan Principal Amount.
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Related to Additional Delayed Draw Term Loan Commitment

  • 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 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 C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

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

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

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

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.