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

• The initial Commitment Percentage of each Lender in respect of the Revolver Facility, the Term Loan Facility and the Delayed Draw Term Loan Facility, as applicable, is set forth opposite the name of such Lender on Schedule 1 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable.

• Xxxxx Title: Senior Vice President BANK OF AMERICA, N.A., as an Increasing Revolver Lender and a Delayed Draw Term Loan Lender By: /s/ Xxxxx X.

• Xxxxxx Title: Vice President PNC BANK, NATIONAL ASSOCIATION, as an Increasing Revolver Lender and a Delayed Draw Term Loan Lender By: /s/ Xxxxxxxx Xxxxx Name: Xxxxxxxx Xxxxx Title: Vice President BOKF, NA DBA BOK FINANCIAL, as an Increasing Revolver Lender and a Delayed Draw Term Loan Lender By: /s/ Xxxxx X.

• If such Lender pays its share of the applicable Revolver Loan, Term Loan or Delayed Draw Term Loan to Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Loan.

• The Delayed Draw Term Loan Commitments shall be automatically and permanently reduced to zero on the earlier of the last day of the Delayed Draw Term Loan Availability Period or the date of the Delayed Draw Term Loan Borrowing pursuant to Section 2.1(c).

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 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 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 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, collectively, the Delayed Draw Term Loan A and the Delayed Draw Term Loan B.