Delayed Draw Term Commitment Termination Date definition
Delayed Draw Term Commitment Termination Date means the earlier of (i) October 1, 2018 and (ii) the termination of the Delayed Draw Term Commitments in full pursuant to Section 2.06(a).
Delayed Draw Term Commitment Termination Date means the earliest of (i) the date on which the entire Delayed Draw Term Loan Commitment has been drawn, (ii) May 3, 2024, (ii) the date on which the Delayed Draw Term Loan Commitments are terminated pursuant to Section 2.8 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).
Delayed Draw Term Commitment Termination Date has the meaning assigned to such term in Amendment No. 1.
Examples of Delayed Draw Term Commitment Termination Date in a sentence
The Delayed Draw Term Loan Commitments of each Term Lender shall (i) automatically and permanently be reduced upon the making of any Delayed Draw Term Loans by an amount equal to the Delayed Draw Term Loans so made and (ii) automatically and permanently be reduced to $0 on the Delayed Draw Term Commitment Termination Date.
The 2021 Delayed Draw Ticking Fee shall be due and payable quarterly in arrears after the Amendment No. 4 Effective Date and upon the earliest of the 2021 Delayed Draw Funding Date, the 2021 Delayed Draw Term Commitment Termination Date and the date of any other termination of the 2021 Delayed Draw Term Commitments.
The Delayed Draw Term Commitment Fee shall accrue at all times from the Closing Date until the date that is the earlier of (i) the Delayed Draw Funding Date and (ii) the Delayed Draw Term Commitment Termination Date, upon which date the Delayed Draw Term Commitment Fee shall become due and payable.
Each Lender’s Delayed Draw Term Commitment shall expire on the Delayed Draw Term Commitment Termination Date.
Accrued fees under subsection (d) of this Section shall be payable quarterly in arrears on the last day of each March, June, September and December, commencing with the first payment due (on a prorated basis) on March 31, 2025, and on the Delayed Draw Term Commitment Termination Date.
More Definitions of Delayed Draw Term Commitment Termination Date
Delayed Draw Term Commitment Termination Date means February 27, 2018.
Delayed Draw Term Commitment Termination Date means the earliest to occur of (a) the consummation of the GET Direct Sale without using the Delayed Draw Term Facility, (b) the termination of either the GET Merger Agreement or the GET Separation Agreement in accordance with the terms thereof and (c) 5:00 p.m., New York City time, on May 20, 2019, provided that if the End Date (as defined in the GET Merger Agreement as in effect on the Signing Date) shall have been extended in accordance with Section 10.01(b)(i) of the GET Merger Agreement (as in effect on the Signing Date), then the date in this clause (c) shall automatically be extended (but not beyond 5:00 p.m., New York City time, on August 20, 2019) to be the same date as the End Date as so extended.
Delayed Draw Term Commitment Termination Date means 5:00 p.m., New York City time, on the date that is 18 months following the Restatement Effective Date. “Delayed Draw Term Facility” means the delayed draw term loan facility provided for herein, including the Delayed Draw Term Commitments and the Delayed Draw Term Loans. “Delayed Draw Term Funding Date” means any date, after the Restatement Effective Date and on or before the Delayed Draw Term Commitment Termination Date, on which a Delayed Draw Term Loan is made pursuant to clause (a) of Section 2.01. “Delayed Draw Term Lender” means a Lender with a Delayed Draw Term Commitment or an outstanding Delayed Draw Term Loan. “Delayed Draw Term Loan” means a Loan made pursuant to clause (a) of Section 2.01. “Delayed Draw Term Maturity Date” means the fifth anniversary of the Restatement Effective Date. “Delayed Draw Term Ticking Fee” has the meaning set forth in Section 2.09(b). “Designated Cash Management Obligations” means the due and punctual payment and performance of all obligations of the Company and the Subsidiaries in respect of any Cash Management Services provided to the Company or any Subsidiary that are (a) owed to the Administrative Agent, any Arranger or an Affiliate of any of the foregoing, or to any Person that, at the time such obligations were incurred, was the Administrative Agent, an Arranger or an Affiliate of any of the foregoing, (b) owed on the Restatement Effective Date to a Person that is a Lender or an Affiliate of a Lender as of the Restatement Effective Date or (c) owed to a Person that is a Lender or an Affiliate of a Lender at the time such obligations are incurred, including obligations with respect to fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including obligations accruing, at the rate specified therein, or incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding). “Designated Hedge Obligations” means the due and punctual payment and performance of all obligations of the Company and the Subsidiaries under each Hedging Agreement that (a) is with a counterparty that is, or was on the Restatement Effective Date, the Administrative Agent, an Arranger or an Affiliate of any of the foregoing, whether or not such counterparty shall have been the Administrative Agent, an Arranger or an Affiliate of any of the foregoing at the time such Hedging Agreement was enter...
Delayed Draw Term Commitment Termination Date means the earlier to occur of (x) the date occurring one year after the Initial Borrowing Date and (y) the date on which a Change of Control occurs.
Delayed Draw Term Commitment Termination Date means August 26, 2002.
Delayed Draw Term Commitment Termination Date means the earliest of (i) the DDTL Funding Date, (ii) the date on which the Specified Acquisition Agreement is validly terminated in accordance with its terms, (iii) the date on which the Specified Acquisition is consummated with or without the funding of the Delayed Draw Term Loans, (iv) the date that is five (5) Business Days (as defined in the Specified Acquisition Agreement as in effect on the Closing Date) after (x) August 8, 2025 or (y) to the extent such date is extended pursuant to Section 9.1(b) of the Specified Acquisition Agreement (as in effect on the Closing Date), November 28, 2025, (v) the date on which the Delayed Draw Term Loan Commitments are terminated pursuant to Section 2.8 and (vi) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).
Delayed Draw Term Commitment Termination Date means the earliest to occur of (a) the consummation of the GET Direct Sale without using the Delayed Draw Term Facility, (b) the termination of either the GET Merger Agreement or the GET Separation Agreement in accordance with the terms thereof and (c) 5:00 p.m., New York City time, on May 20, 2019, provided that if the End Date (as defined in the GET Merger Agreement as in effect on the Signing Date) shall have been extended in accordance with Section 10.01(b)(i) of the GET Merger Agreement (as in effect on the Signing Date), then