Delayed Draw Commitments definition

Delayed Draw Commitments means the amount in Dollars set opposite each Lender’s name under the heading “Delayed Draw Commitments” in Schedule 1.01(a) or in an Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed or reduced from time to time pursuant to the terms hereof. The aggregate amount of the Delayed Draw Commitments on the Closing Date is $75,000,000.

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Delayed Draw Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender's Delayed Draw Commitment, if any, is set forth in Appendix A-1 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 Commitments as of the Closing Date is $50,000,000.

Delayed Draw Commitments means the First Delayed Draw Commitment and the Second Delayed Draw Commitment.

Examples of Delayed Draw Commitments in a sentence

• Allocations of the Second Delayed Draw Commitments among the Lenders that have agreed in writing to provide such Second Delayed Draw Commitments shall be made by the Required Lenders (in their sole discretion); provided that the Second Delayed Draw Commitment of any Lender shall not exceed the amount of such Second Delayed Draw Commitment which such Lender has agreed to provide in writing.

• The Second Delayed Draw Commitments shall automatically and permanently (i) be reduced upon the making of any Second Delayed Draw Term Loans on each applicable Delayed Draw Advance Date by the principal amount of such Second Delayed Draw Term Loans made on such date and (ii) terminate upon the expiration of the Second Delayed Draw Availability Period.

• The First Delayed Draw Commitments shall automatically and permanently (i) be reduced upon the making of any First Delayed Draw Term Loans on each applicable Delayed Draw Advance Date by the principal amount of such First Delayed Draw Term Loans made on such date and (ii) terminate upon the expiration of the First Delayed Draw Availability Period.

More Definitions of Delayed Draw Commitments

Delayed Draw Commitments means the aggregate of such commitments for all Lenders.

Delayed Draw Commitments with respect to each Delayed Draw Lender, the commitment, if any, of such Delayed Draw Lender to make a Term A-1 Loan hereunder on the Delayed Draw Funding Date in the amount not to exceed such Delayed Draw Lender’s Delayed Draw Commitment as set forth on Schedule I of Amendment No. 5 under the caption “Delayed Draw Commitments.”. As of the Amendment No. 5 Effective Date, the aggregate amount of the Delayed Draw Commitments iswas equal to $280,000,000, which amount will be reduced in accordance with Section 2.10(a) and the terms hereof.

Delayed Draw Commitments means the Delayed Draw I Commitments and the ------------------------ Delayed Draw II Commitments.

Delayed Draw Commitments means, with respect to each Lender, the amount indicated next to such Lender’s name on Schedule 2.1 hereto in the column titled “Delayed Draw Commitment”.

Delayed Draw Commitments means, collectively, the sum of all Lenders’ Delayed Draw Commitments, which as of the Closing Date equals an aggregate principal amount of $50,000,000. “Delayed Draw Term Loans” shall mean the term loans made by the Lenders to the Borrower pursuant to Section 2.01(b). “Disclosure Letter” shall mean the disclosure letter, dated as of the date hereof, delivered by the Loan Parties to the Administrative Agent and the Lenders for the benefit of the Secured Parties and the Lenders (as such disclosure letter may be updated from time to time to the extent expressly permitted under this Agreement). “Discretionary Delayed Draw Advance Date” shall mean, with respect to any Discretionary Delayed Draw Term Loan, the date such Discretionary Delayed Draw Term Loan is made by the Lenders (in their sole and absolute discretion) hereunder in accordance with Section 2.01(c). “Discretionary Delayed Draw Commitment” shall mean, with respect to each Lender, the commitment of such Lender to make Discretionary Delayed Draw Term Loans hereunder as set forth in a supplement to Schedule 2.01 to the Disclosure Letter, which supplemental schedule will

Delayed Draw Commitments the collective reference to the Delayed Draw A Commitments and the Delayed Draw B Commitments.

Delayed Draw Commitments has the meaning assigned to that term in subsection 2.3A(ii).