Definition of Delayed Draw Commitment Termination Date


Delayed Draw Commitment Termination Date means the date that is forty-five (45) days following the Closing Date; provided, however, if such date is not a Business Day, the Delayed Draw Commitment Termination Date shall be the preceding Business Day.
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Delayed Draw Commitment Termination Date means January 15, 2008.
Sample 1

Examples of Delayed Draw Commitment Termination Date in a sentence

The Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Delayed Draw Commitment Termination Date.
The Delayed Draw Term Loan Commitments shall automatically terminate on the Delayed Draw Commitment Termination Date.
The Initial Term Loan Commitments shall terminate on the funding of the Initial Term Loans and unless previously terminated, the Delayed Draw Commitments shall terminate on the Delayed Draw Commitment Termination Date.
Accrued commitment fees shall be payable in arrears on the last Business Day of March, June, September and December of each year and on the Delayed Draw Commitment Termination Date, commencing on the first such date to occur after the date hereof.
Each Lenders obligations under this Section 2.01(c) will expire on the Delayed Draw Commitment Termination Date.