Delayed Draw Term Loan definition
Delayed Draw Term Loan has the meaning specified in Section 2.01(b).
Delayed Draw Term Loan means, collectively, the loans made by the Delayed Draw Term Loan Lenders to the Borrower pursuant to Section 2.01(a).
Delayed Draw Term Loan shall have the meaning provided in Section 2.1(a). For the avoidance of doubt, all Delayed Draw Term Loans are 2014 Term Loans.
Examples of Delayed Draw Term Loan in a sentence
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 Loan
Delayed Draw Term Loan. A Loan that is fully committed on the closing date thereof and is required by its terms to be fully funded in one or more installments on draw dates to occur within three years after the closing date thereof but which, once fully funded, has the characteristics of a Term Loan.
Delayed Draw Term Loan means a Tranche A Term Loan made by a Lender pursuant to Section 2.1(a)(ii) of the Second Amended and Restated Credit Agreement.
Delayed Draw Term Loan means the loans made from time to time after the Closing Date on any Delayed Draw Term Loan Funding Date pursuant to Section 2.01(b).
Delayed Draw Term Loan means any Loan that is fully committed on the initial funding date of such Loan and is required to be fully funded in one or more installments on draw dates to occur within one year of the initial funding of such Loan but which, once such installments have been made has the characteristics of a term loan; provided that any Loan as to which no further installment may be funded shall not be a Delayed Draw Term Loan.
Delayed Draw Term Loan has the meaning given to such term in Section 2.1(c) of the Agreement.
Delayed Draw Term Loan is defined in Section 2.1.3.
Delayed Draw Term Loan means an advance made by a Delayed Draw Term Lender under the Delayed Draw Term Facility.