Delayed Draw Term Loan Commitment definition
Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan prior to the Delayed Draw Term Loan Commitment Termination Date, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate.
Delayed Draw Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Delayed Draw Term Loan Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
Delayed Draw Term Loan Commitment means the Initial Lender’s obligation to make Delayed Draw Term Loans to Borrower hereunder in the amount not to exceed the Maximum Delayed Draw Term Loan Principal Amount, as the same may be decreased by the aggregate principal amount of Delayed Draw Term Loans funded by the Initial Lender.
Examples of Delayed Draw Term Loan Commitment in a sentence
The Delayed Draw Term Loan Commitment of each Delayed Draw Term Advance Lender shall be reduced by an amount equal to its Pro Rata Share (prior to giving effect to any reduction of Delayed Draw Term Loan Commitments hereunder) of the aggregate amount of any reduction under this Section 2.04(i).
No assignment of a Delayed Draw Term Loan Commitment or Delayed Draw Term Advance shall be effective unless recorded in the Delayed Draw Term Advance Register.
Notwithstanding the foregoing, if the Borrower repays the Delayed Draw Term Advances or terminates or reduces any Delayed Draw Term Loan Commitment in violation of this Section 2.04(f), the Borrower shall pay the Make-Whole Amount, to the Administrative Agent, for the ratable benefit of the Delayed Draw Term Advance Lenders.
More Definitions of Delayed Draw Term Loan Commitment
Delayed Draw Term Loan Commitment means, (a) in the case of each Lender that is a Lender as of the date hereof, the amount set forth opposite such Lender’s name on Schedule 1.1(c)-1 as such Lender’s “Delayed Draw Term Loan Commitment” and (b) in the case of any Lender that becomes a Lender as of the date hereof, the amount specified as such Lender’s “Delayed Draw Term Loan Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Delayed Draw Term Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Original Closing Date was $225,000,000.
Delayed Draw Term Loan Commitment means the collective reference to the Delayed Draw 1 Term Loan Commitment and the Delayed Draw 2 Term Loan Commitment.
Delayed Draw Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans hereunder. The initial amount of each Lender’s Delayed Draw Term Loan Commitment is set forth on Schedule 2.01A, or in the Assignment and Assumption or other documentation contemplated hereby pursuant to which such Lender shall have assumed its Delayed Draw Term Loan Commitment. The initial aggregate amount of all Delayed Draw Term Loan Commitments is $70,000,000.
Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.
Delayed Draw Term Loan Commitment means, (a) in the case of each Lender that is a Lender on the date hereof, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s “Delayed Draw Term Loan Commitment” and (b) in the case of any Lender that becomes a Lender after the date hereof, the amount specified as such Lender’s “Delayed Draw Term Loan Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Delayed Draw Term Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the date hereof is $4,100,000,000.
Delayed Draw Term Loan Commitment means, with respect to each Term Loan Lender, the commitment of such Lender to make Delayed Draw Term Loans in accordance with Section 2.01(b). The amount of each Lender’s Delayed Draw Term Loan Commitment is set forth on Schedule 2.01 or the Assignment and Assumption pursuant to which such Lender becomes a party hereto. The aggregate amount of the Lenders’ Delayed Draw Term Loan Commitments as of the Effective Date is $575,000,000.
Delayed Draw Term Loan Commitment means, as to each Delayed Draw Term Lender, its obligation to make a Delayed Draw Term Loan to the Lead Borrower pursuant to Section 2.01(c), in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name in Schedule 2.01 under the caption “Delayed Draw Term Loan Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.