Delayed Draw Term B Loan Commitment definition

Delayed Draw Term B Loan Commitment means, with respect to each Delayed Draw Term B Loan Lender, the commitment of such Lender to make a Delayed Draw Term B Loan to the Borrower on each Delayed Draw Funding Date B pursuant to Section 2.5(a) in an aggregate principal amount not to exceed the amount set forth next to the name of such Delayed Draw Term B Loan Lender in a Schedule of Commitments to be agreed by the Borrower and such Delayed Draw Term B Loan Lender. The Delayed Draw Term B Loan Commitments of all Delayed Draw Term B Loan Lenders shall not exceed the Delayed Draw Term B Loan Amount.
Delayed Draw Term B Loan Commitment means the 12-Month Delayed Draw Term B Loan Commitment and the 18-Month Delayed Draw Term B Loan Commitment.
Delayed Draw Term B Loan Commitment means (a) as to any Lender, the commitment of such Lender to make its Pro Rata Share of the Delayed Draw Term B Loan as set forth on the applicable signature page to this Agreement (as adjusted to reflect any assignments or reductions or terminations thereof as permitted hereunder) and (b) as to all Lenders, the aggregate commitment of all Lenders to make the Delayed Draw Term B Loan, which aggregate commitment shall be Ten Million and No/100 Dollars ($10,000,000.00) on the Closing Date.

Examples of Delayed Draw Term B Loan Commitment in a sentence

  • Xxxxxxx Title: Authorized Signatory Notice Address: c/o Golub Capital Incorporated 000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxx Xxxxxxx Facsimile No.: (000) 000-0000 Such Lender’s Commitments: Revolving Loan Commitment: $292,000 Term A Loan Commitment: $0 Delayed Draw Term B Loan Commitment: $0 Signature Page to Credit Agreement XXXXX CAPITAL PEARLS DIRECT LENDING PROGRAM, L.P., as a Lender By: GC Advisors LLC, its Manager By: /s/ Xxxxxxx X.

  • Xxxxxxx Title: Chief Investment Officer Notice Address: c/o Golub Capital Incorporated 000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxx Xxxxxxx Facsimile No.: (000) 000-0000 Such Lender’s Commitments: Revolving Loan Commitment: $178,000 Term A Loan Commitment: $5,277,000 Delayed Draw Term B Loan Commitment: $1,354,000 Signature Page to Credit Agreement GC FINANCE OPERATIONS LLC, as a Lender By: GC Advisors LLC, its Manager By: /s/ Xxxxxxx X.

  • Notwithstanding the foregoing, if the total Delayed Draw Term B Loan Commitment as of the Amendment Number One Effective Date is not drawn on or prior to the Delayed Draw Term B Loan Commitment Expiration Date, the undrawn amount shall automatically be cancelled.

  • Tranche B Term Loans shall be made as a single drawing on the Closing Date; PROVIDED that up to $150,000,000 (the "DELAYED DRAW TERM B LOANS") of the Tranche B Term Loans may be borrowed by Company at any time during the period commencing on the Closing Date and ending on the Delayed Draw Term B Loan Commitment Termination Date for the purposes identified in subsection 2.5C.

  • The Borrower agrees to pay to the Administrative Agent for the account of each Lender a Revolving Credit Non-Use Fee and a DDTL Non-Use Fee on the average daily unused amount of the Revolving Credit Commitment and the Delayed Draw Term B Loan Commitment of such Lender, which shall accrue at a rate per annum equal to the Applicable Margin for each such fee during the period from and including the Closing Date to but excluding the applicable Commitment Termination Date.

  • Upon any such prepayment and reduction or termination of the Revolving Loan Commitment Borrower’s right to request Advances and Letters of Credit shall simultaneously be permanently reduced or terminated, as the case may be; upon any such reduction or termination of the Delayed Draw Term B Loan Commitment Borrower’s right to request Delayed Draw Term B Loans shall simultaneously be permanently reduced or terminated, as the case may be.

  • Xxxxxxx Title: Manager Notice Address: c/o Golub Capital Incorporated 000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxx Xxxxxxx Facsimile No.: (000) 000-0000 Such Lender’s Commitments: Revolving Loan Commitment: $0 Term A Loan Commitment: $8,639,000 Delayed Draw Term B Loan Commitment: $2,216,000 Signature Page to Credit Agreement GE CAPITAL FINANCIAL INC., as a Lender By: /s/ Xxxxxx Xxxxx Printed Name: Xxxxxx Xxxxx Title: Authorized Signatory Notice Address: GE Capital Financial Inc.

  • Xxxxxxx Title: Chief Investment Officer Notice Address: c/o Golub Capital Incorporated 000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxx Xxxxxxx Facsimile No.: (000) 000-0000 Such Lender’s Commitments: Revolving Loan Commitment: $490,000 Term A Loan Commitment: $0 Delayed Draw Term B Loan Commitment: $3,711,000 Signature Page to Credit Agreement XXXXX CAPITAL BDC, INC., as a Lender By: /s/ Xxxxxxx X.


More Definitions of Delayed Draw Term B Loan Commitment

Delayed Draw Term B Loan Commitment means, as to any Delayed Draw Term B Loan Lender, the obligation of such Delayed Draw Term B Loan Lender to make a portion of the Delayed Draw Term B Loans to the account of the Borrower hereunder on the Delayed Draw Funding Dates in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on the Schedule 2.1, as such amount may be reduced or otherwise modified at any time or from time to time pursuant to the terms hereof. The aggregate Delayed Draw Term B Loan Commitment of all Delayed Draw Term B Loan Lenders on the Amendment Number One Effective Date shall be $20,500,000. The Delayed Draw Term B Loan Commitment of each Delayed Draw Term B Loan Lender as of the Amendment Number One Effective Date is set forth opposite the name of such Delayed Draw Term B Loan Lender on Schedule 2.1.
Delayed Draw Term B Loan Commitment means, with respect to each Delayed Draw Term B Lender, the commitment of such Lender to make Delayed Draw Term B Loans to the Borrower as set forth in Section 2.01(a)(ii). The initial amount of each Lender’s Delayed Draw Term B Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Delayed Draw Term B Loan Commitment. The aggregate amount of the Delayed Draw Term B Loan Commitments on the Closing Date is $1,220.0 million.

Related to Delayed Draw Term B Loan Commitment

  • 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.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

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

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • 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.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

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

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

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

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • 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.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.