Delayed Draw Date definition
Examples of Delayed Draw Date in a sentence
Each Second Tranche Delayed Draw Date shall occur after the Closing Date and on or prior to the Second Tranche Delayed Draw Commitment Termination Date.
Each Third Tranche Delayed Draw Date shall occur after the Closing Date and on or prior to the Third Tranche Delayed Draw Commitment Termination Date.
Each Lender that has requested a Note at least two (2) Business Days prior to the Second Tranche Delayed Draw Date or Third Tranche Delayed Draw Date, as applicable proposed by the Borrower shall have received a Note, dated as of such Delayed Draw Date, duly executed and delivered by a Responsible Officer of the Borrower.
The Administrative Agent shall have received an updated Information and Collateral Certificate, dated as of the Second Tranche Delayed Draw Date or Third Tranche Delayed Draw Date, as applicable, that is true and correct as of such Delayed Draw Date, duly executed and delivered by a Responsible Officer of the Borrower.
The Second Tranche Delayed Draw Date shall have occurred on or before the Second Tranche Delayed Draw Commitment Termination Date and the Third Tranche Delayed Draw Date shall have occurred on or before the Third Tranche Delayed Draw Commitment Termination Date.