Definition of Delayed Draw Term Loan 2 Commitment Period


Delayed Draw Term Loan 2 Commitment Period means the period commencing on the Closing Date and ending twenty-four months thereafter.
Sample 1

Examples of Delayed Draw Term Loan 2 Commitment Period in a sentence

For the period beginning on the Closing Date and ending at the end of the Delayed Draw Term Loan 2 Commitment Period, the Borrowers agree to pay to the Agent, for the pro rata benefit of the Lenders, based on their Applicable Commitment Percentages, a commitment fee in the amount of the Applicable Margin on the undrawn portion of the Delayed Draw Term Loan 2 Commitment.