Delayed Draw Term Lender definition

Delayed Draw Term Lender means, as of any date of determination, each Lender having a Delayed Draw Term Loan Commitment or that holds Delayed Draw Term Loans.

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Delayed Draw Term Lender means a Lender with a Delayed Draw Term Loan Commitment or that holds a Delayed Draw Term Loan.

Delayed Draw Term Lender each Lender that has a Delayed Draw Term Commitment or that holds a Delayed Draw Term Loan.

Examples of Delayed Draw Term Lender in a sentence

• Each 2025 Delayed Draw Term Lender acknowledges and agrees that, on and as of the First Amendment Effective Date, to the extent not already a Lender, it shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

• During the Initial Delayed Draw Term Availability Period, each Initial Delayed Draw Term Lender severally agrees to make to the Borrower a single loan or up to an aggregate of four (4) separate loans in Dollars in an aggregate principal amount not exceeding such Initial Delayed Draw Term Lender’s Initial Delayed Draw Term Commitment.

• Upon the making of any additional Initial Term Loan by an Initial Delayed Draw Term Lender pursuant to Section 2.01(c), the Initial Delayed Draw Term Commitment of the Initial Delayed Draw Term Lenders shall be automatically and permanently reduced on a ratable basis in an amount equal to such additional Initial Term Loan.

More Definitions of Delayed Draw Term Lender

Delayed Draw Term Lender means (a) at any time on or prior to the Delayed Draw Termination Date, any Lender that has a Delayed Draw Term Loan Commitment and (b) thereafter, any Lender that holds a Delayed Draw Term Loan at such time.

Delayed Draw Term Lender means any Lender with a Delayed Draw Term Commitment on an outstanding Delayed Draw Term Loan.

Delayed Draw Term Lender means the Persons holding Delayed Draw Commitments and/or Delayed Draw Term Loans and any other Person that shall have become party hereto holding Delayed Draw Commitments and/or Delayed Draw Term Loans pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto holding Delayed Draw Commitments and/or Delayed Draw Term Loans pursuant to an Assignment and Assumption.

Delayed Draw Term Lender means any Lender that has a Delayed Draw Term Commitment or that has an outstanding Delayed Draw Advance.

Delayed Draw Term Lender each Lender that has a Delayed-Draw Term Commitment or that holds a Delayed-Draw Term Loan.

Delayed Draw Term Lender means, collectively, the Delayed Draw Term A-1 Lenders and the Delayed Draw Term A-2 Lenders.

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 (b) of Section 2.01.