Examples of Delayed Draw Expiration Date in a sentence
Each Lender’s Delayed Draw Term Loan Commitment shall be reduced upon the making of each Delayed Draw Term Loan by an amount equal to the amount of such Delayed Draw Term Loan and the unused Delayed Draw Term Loan Commitments shall terminate immediately and without further action at 5:00 p.m. (New York City time) on the Delayed Draw Expiration Date.
Accrued Delayed Draw Unused Fees shall be payable in arrears on the Delayed Draw Expiration Date and thereafter, on demand.
Students are granted technological privileges for educational purposes only.
The Delayed Draw Commitment Fee shall be payable in arrears on the last Business Day of each calendar quarter and on the Delayed Draw Expiration Date commencing on December 31, 2011 and ending on the Delayed Draw Expiration Date.
Each Lender’s Commitment to make Loans shall terminate immediately and without further action on the earlier of (i) the Delayed Draw Expiration Date or (ii) after giving effect to the funding of such Lender’s Commitment on the Delayed Draw Date.