Examples of Delayed Draw Note Commitment in a sentence
Once drawn, no Delayed Draw Note Commitment may be redrawn, whether or not the Delayed Draw Notes related thereto have been repaid or prepaid.
Any attempt to assign or otherwise transfer any Note or Delayed Draw Note Commitment (or portion thereof) not in compliance with this Agreement shall be null and void and neither the Issuer nor any transfer agent shall give any effect in the Issuer’s Note register to such attempted assignment or transfer.
Accrued Delayed Draw Note Commitment Fees shall be payable on each Interest Payment Date (as defined in Section 3.1(a) below) and on the date on which the Delayed Draw Note Commitments terminate, commencing on the first such date to occur after the date hereof.
Each Delayed Draw Purchaser severally, and not jointly, agrees, subject to Sections 4.02 and 4.03 hereof, to purchase Delayed Draw Notes from the Issuer in Dollars, at par, in a principal amount not to exceed its Delayed Draw Note Commitment at any time and from time to time after the Closing Date until the termination of the Delayed Draw Note Commitment of such Delayed Draw Purchaser in accordance with the terms hereof.
All Delayed Draw Note Commitment Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Assigned Interest: Aggregate Principal Amount of Notes for all Purchasers Amount of Notes Assigned1 Percentage Assigned of Notes Issuer Aggregate Amount of Delayed Draw Note Commitment for all Purchasers Amount of Delayed Draw Note Commitment Assigned2 Percentage Assigned of Delayed Draw Note Commitment3 6.
Each party’s obligations under this Article III shall survive the resignation or replacement of the Collateral Agent, any transfer of Notes, the termination of the Delayed Draw Note Commitment and the repayment, satisfaction or discharge of all other Obligations.
The Charter School shall comply with Education Code section 47604.3 without exception and promptly respond to all inquiries and/or requests for information by the District related to the Charter School’s enrollment, finances, operations, special education programs and students, teacher credentialing, etc.
So long as any Purchaser shall have any Delayed Draw Note Commitment hereunder, any Note or other Obligation hereunder shall remain unpaid or unsatisfied (other than contingent indemnification obligations for which no claim has been asserted), no Note Party shall, nor shall it permit any Subsidiary to, directly or indirectly: 8.01 Liens.
Set forth, to at least 9 decimals, as a percentage of the Delayed Draw Note Commitment of all Purchasers thereunder.