Examples of Delayed Draw Commitment Fee in a sentence
The Delayed Draw Commitment Fee due to each Lender shall commence to accrue on and including the 45th day after the Restatement Date and shall cease to accrue on the date on which the Tranche A Commitment of such Lender shall expire or be terminated as provided herein.
The Delayed Draw Commitment Fee shall accrue from the date that is 90 days after the Closing Date until the earliest of (x) the Delayed Draw Funding Date, (y) the Delayed Draw Termination Date and (z) the date on which the Commitments have otherwise been reduced to zero.
For any period during which any Lender is a Defaulting Lender, such Defaulting Lender shall not be entitled to receive any Delayed Draw Commitment Fee pursuant to Section 2.13(a) (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to such Defaulting Lender).
The Delayed Draw Commitment Fee shall accrue from and including the 61st day following the Amendment No. 6 Effective Date, and shall be due and payable quarterly in arrears (A) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the 61st day following the Amendment No. 6 Effective Date and (B) on the Delayed Draw Term A Commitment Termination Date.
It was presumed that product development alone would not have the same effect as all gains in efficiency would be eaten up by an increasing amount of goods in the system, if consumer behavior remained the same as today.