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.
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

  • Any reduction of the Delayed Draw Term Commitments shall be applied to the Delayed Draw Term Commitment of each Delayed Draw Term Lender according to its Applicable Percentage.

  • The Borrower shall pay to the Administrative Agent for the account of each Delayed Draw Term Lender in accordance with its Applicable Percentage of the Delayed Draw Term Facility, a per annum unused line fee equal to 0.15% times the aggregate Delayed Draw Term Commitments at such time1, subject to adjustment as provided in Section 2.18.

  • Subject to the terms and conditions set forth herein, each Delayed Draw Term Lender severally agrees to make up to four (4) Delayed Draw Term Loans to the Borrower from time to time on any Business Day on or prior to the Delayed Draw Termination Date in Dollars in an aggregate principal amount for all such Delayed Draw Term Borrowings not to exceed such Delayed Draw Term Lender’s Delayed Draw Term Commitment.

  • Notwithstanding anything to the contrary contained herein, each Delayed Draw Term Lender may, at its option, fulfill its obligations to make any Delayed Draw Term Loan available to the Borrower by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that the exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.


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, at any time, any Lender that has a Delayed Draw Term A-1 Commitment, a Delayed Draw Term A-1 Loan, a Delayed Draw Term A-2 Commitment or a Delayed Draw Term A-2 Loan at such time.
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 is the holder of a Delayed-Draw Term Loan.
Delayed Draw Term Lender means each Lender with a Delayed Draw Term Loan Commitment and/or Delayed Draw Term Loan.