Delayed Draw Borrowing Date definition

Delayed Draw Borrowing Date means the date of any Advance of Delayed Draw Term A Loans.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Delayed Draw Borrowing Date shall have the meaning set forth in Section 2.01.

Delayed Draw Borrowing Date means the date on which the conditions precedent in Section 4.02 have been satisfied and the Delayed Draw Loan is made, which shall be no earlier than the Final Order Entry Date.

Examples of Delayed Draw Borrowing Date in a sentence

Not later than 10:00 a.m., New York City time on the Fifth Amendment and Restatement Effective Date or Delayed Draw Borrowing Date, as applicable, each Term Lender shall make available to the Administrative Agent at the applicable Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender.
The Delayed Draw Commitment Fee (if any) shall be payable on the date the Total New 2014 Delayed Draw Term Loan Commitments are reduced to zero (which includes, for the avoidance of doubt, the Delayed Draw Borrowing Date).
The Funds Flow Memorandum contains a description of the Borrowers’ sources and uses of funds on the Closing Date and each Delayed Draw Borrowing Date, and details how funds from each source are to be transferred to particular uses.
Each Delayed Draw Tranche B Lender’s Delayed Draw Tranche B Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Borrowing Date after giving effect to the funding of such Delayed Draw Tranche B Lender’s Delayed Draw Tranche B Term Loan Commitment on the Delayed Draw Borrowing Date.
As of the Closing Date and each Delayed Draw Borrowing Date, Schedule 3.9 also describes any purchase options, rights of first refusal or other similar contractual options granted by the Borrowers or a Subsidiary in favor of a third party in any Real Estate (x) required to be subject to a Mortgage or Landlord Waiver, (y) related to a main Station or (z) otherwise material to the operations of the Loan Parties.

More Definitions of Delayed Draw Borrowing Date

Delayed Draw Borrowing Date means the date on which Delayed Draw Loans are made, which shall be the Final Order Entry Date or a date that is not later than three Business Days following such Final Order Entry Date.

Delayed Draw Borrowing Date means the Business Day on which the conditions set forth in Sections 4.02 and 4.03 are satisfied or waived in accordance with the terms hereof and the Delayed Draw Term Loans are made by the Delayed Draw Lenders pursuant to Section 2.01(b).

Delayed Draw Borrowing Date means each date on which the conditions set forth in Section 4.02 of this Agreement are satisfied or waived by the Required DIP Creditors which, for the avoidance of doubt, shall occur (i) prior to the Delayed Draw Commitment Termination Date and (ii) not more than four times between the Closing Date and prior to the Delayed Draw Commitment Termination Date.

Delayed Draw Borrowing Date has the meaning assigned to such term in Section 2.01(b).

Delayed Draw Borrowing Date means each of the Term B Borrowing Date, the Term C Borrowing Date and the Term D Borrowing Date.

Delayed Draw Borrowing Date means the date on which the Term Loans described in Section 2.01(b)(ii) are made.

Delayed Draw Borrowing Date means either the First Delayed Draw Borrowing Date or the Second Delayed Draw Borrowing Date, as applicable. Table of Contents