Delayed Draw Commitment Period definition

Delayed Draw Commitment Period means the period from the Closing Date to and including the Delayed Draw Commitment Termination Date.
Delayed Draw Commitment Period means the period from the Closing Date up to and including August 6, 2027.
Delayed Draw Commitment Period means the period from the Closing Date to the earlier of (a) the date on which the Delayed Draw Term Facility is fully funded and (b) the Delayed Draw Termination Date.

Examples of Delayed Draw Commitment Period in a sentence

  • The Borrower may not request more than five (5) Borrowings of Delayed Draw Term Loans during the Delayed Draw Commitment Period.

  • The DDTL Ticking Fee shall accrue at all times from and after the first anniversary of the Closing Date through the expiration of the Delayed Draw Commitment Period (or such earlier date as the Delayed Draw Commitment shall terminate as provided in this Agreement).

  • The Delayed Draw Commitment of each Lender shall be automatically and permanently reduced on a dollar-for-dollar basis upon each Funding Date by the principal amount of Delayed Draw Term Loans funded on such Funding Date, and any remaining Delayed Draw Commitments shall automatically and permanently be reduced to zero upon the expiration of the Delayed Draw Commitment Period.


More Definitions of Delayed Draw Commitment Period

Delayed Draw Commitment Period means the period commencing on, and including, the Closing Date to, and including, the Delayed Draw Commitment Termination Date.
Delayed Draw Commitment Period means the period from the Amendment and Restatement Effective Date to the earlier of (i) Delayed
Delayed Draw Commitment Period means the period beginning on the Third Amendment Effective Date and ending on the Delayed Draw Commitment Termination Date.
Delayed Draw Commitment Period the period from but excluding the Amendment No. 5 Effective Date through and including the Delayed Draw Termination Date.
Delayed Draw Commitment Period means the period from the Closing Date to but excluding the Delayed Draw Commitment Termination Date.
Delayed Draw Commitment Period means the time period commencing on the date upon which Administrative Agent shall have received reasonably satisfactory evidence that Borrower satisfied the Delayed Draw Funding Milestone through and including the Delayed Draw Commitment Termination Date.
Delayed Draw Commitment Period means the time period commencing on the Closing Date through and including the Delayed Draw Commitment Termination Date. “Delayed Draw Commitment Termination Date” means the earliest to occur of (a) Term Loan Maturity Date, (b) the date on which both the Initial Term Loan and the Initial Delayed Draw Term Loans are paid in full, and (c) the date on which the Delayed Draw Term Loan Commitments are reduced to zero. “Delayed Draw Term Loan Commitment” means the commitment of a Lender to make or otherwise fund the Initial Delayed Draw Term Loans. The amount of each Lender’s Delayed Draw 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 Delayed Draw Term Loan Commitments as of the Closing Date is $435,261,000. “Delayed Draw Term Loans” means the Initial Delayed Draw Term Loans and the Incremental Term Loans.