Delayed Draw Date definition

Delayed Draw Date has the meaning set forth in Section 1.1(b)(iii).

Delayed Draw Date means the Business Day on which each of the conditions precedent in Section 4.2 has been satisfied or waived by the Requisite Lenders.

Delayed Draw Date means a date subsequent to the Closing Date and on or prior to the Delayed Draw Termination Date designated as such by the Borrower pursuant to Section 4.2.

Examples of Delayed Draw Date in a sentence

• Evidence that on or prior to the Delayed Draw Date, the Issuer has paid or will pay or cause to be paid to the Agent for the account of the Note Purchasers purchasing the relevant Delayed Draw Notes a fee in an aggregate amount equal to 5.0% of the principal amount of Delayed Draw Notes to be issued on that Delayed Draw Date (such fee to be shared pro rata among the relevant Note Purchasers purchasing the relevant Delayed Draw Notes).

• On or before the Initial Issue Date or the Delayed Draw Date (as applicable), the Company has received from any Note Purchaser that is not an Institutional Accredited Investor, evidence verifying that either (x) it is an accredited investor meeting the requirements of Rule 506(c)(2)(ii)(A)-(C) to the satisfaction of the Company or (y) or it is not a “U.S. person” (as defined in Regulation S under the Securities Act).

• All fees, charges and expenses incurred by the Note Purchasers (including, without limitation, such fees, charges and expenses of counsel to the Note Purchasers) invoiced on or prior to the applicable Delayed Draw Date will be paid or reimbursed.

• Delivery of a solvency certificate of each other Obligor in form and substance satisfactory to the Note Purchasers purchasing the Delayed Draw Notes dated as of the Delayed Draw Date (signed by an authorized signatory) and certifying that the applicable Obligor is not insolvent under applicable law.

• The Note Purchasers may advance their subscription amount in respect of the Notes to the Agent in advance of the Initial Issue Date or applicable Delayed Draw Date (as applicable).

More Definitions of Delayed Draw Date

Delayed Draw Date means the Business Day on which the Delayed Draw Loan hereunder is made, which shall be on or after the date on which each of the conditions precedent set forth in Section 6.02 have been satisfied.

Delayed Draw Date means the date of the borrowing of the Delayed Draw Loan hereunder, which shall be no sooner than the date on which each of the conditions precedent set forth in Section 6.02 shall have been satisfied.

Delayed Draw Date means the date of the Borrowing of Additional Term-B Loans.

Delayed Draw Date means each date a Borrowing under the Term Loan A‑2 Facility is funded in accordance with Section 2.1(b)(ii).

Delayed Draw Date means January 11, 2019 or such earlier date (which shall be a Business Day) notified by BTC Holdings Fund I, LLC to Quantum not less than one Business Day prior to such anticipated earlier funding date.

Delayed Draw Date means the date (which shall be no later than February 16, 2007) on which the Borrowing of the Delayed Draw Amount is made following the Supplement Effective Date.

Delayed Draw Date means any date (which must be a Business Day) that a Delayed Draw Loan is made.