Delayed Draw Notice definition

Delayed Draw Notice has the meaning assigned to such term in Section 2.1(e).
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Delayed Draw Notice is defined in Section 3.
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Delayed Draw Notice means the notice delivered by STERIS to the Administrative Agent setting forth the amount necessary to finance the change of control payments (including any accrued interest) to be made to the holders of the Existing STERIS Notes who accept STERIS’s change of control prepayment offer in accordance with the terms of such offer.
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Examples of Delayed Draw Notice in a sentence

  • The Delayed Draw Eligibility Event shall have occurred and the Borrower shall have delivered the Delayed Draw Notice.

  • The Issuer shall have delivered a Delayed Draw Notice to the Purchasers and Agent at least fifteen (15) Business Days prior to the proposed Delayed Draw Funding Date.

  • D., Ashok, U., Amit, K., Munindar, P.: Interaction Protocols as Design Abstractions for Business Processes.

  • The Delayed Draw Notice shall be delivered to the Purchasers either electronically, by facsimile transmission or overnight delivery service at least ten (10) days prior to the date that the Company has selected the Delayed Draw Closing to occur and shall specify the date for the Delayed Draw Closing.

  • Each Closing will take place remotely via the exchange of signatures, at such time set forth in the applicable Initial Draw Notice (unless, at the election of the Company such Initial Closing occurs on May 16, 2022) or Delayed Draw Notice.

  • In order to induce the Lenders to make the Loans to be made pursuant to this Agreement and to induce the Agent to enter into this Agreement, each of the Loan Parties represents and warrants to each Lender and the Agent that the following statements are true and correct on and as of the Closing Date, the date of delivery of the Delayed Draw Notice and the Delayed Draw Funding Date: Section 4.1 Organization; Requisite Power and Authority; Qualification.

  • PennDOT filed preliminary objections to Sordoni’s initial claim on July 19, 2010, and Sordoni filed an amended complaint with the Board on August 3, 2010.

  • Upon the Administrative Agent’s receipt of the Delayed Draw Notice from STERIS, the Delayed Draw Commitments will be permanently reduced to an amount equal to the amount set forth in such Delayed Draw Notice.

  • Address of principal executive offices) (Zip code) (303) 262-4500(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: NoneIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Related to Delayed Draw Notice

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Delayed Draw Commitment means, as to each Lender, its obligation to make Delayed Draw Loans to the Borrower pursuant to Section 2.01(b) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Delayed Draw Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Delayed Draw Commitments of all of the Lenders on the Closing Date shall be $150,000,000.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Extension Request means any Term Loan Extension Request or a Revolver Extension Request, as the case may be.

  • Second Draw Period is the period commencing on the date of the occurrence of the Term B Draw Event and ending on the earlier of (i) December 31, 2015 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on the date of the occurrence of the Term B Draw Event an Event of Default has occurred and is continuing.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).