Delayed Draw Term Loans definition

Delayed Draw Term Loans means the loans made by the Delayed Draw Term Lenders to the Borrower pursuant to Section 2.01(c).
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Delayed Draw Term Loans has the meaning set forth in Section 2.1(b).
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Delayed Draw Term Loans means each of the First Delayed Draw Term Loan, the February 2022 Delayed Draw Term Loans and the Uncommitted Delayed Draw Term Loans, in each case, pursuant to Section 2.1(a).
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Examples of Delayed Draw Term Loans in a sentence

  • Discretionary Delayed Draw Term Loan Commitment Amounts repaid or prepaid in respect of the Delayed Draw Term Loans may not be reborrowed.

  • Any prepayment shall be applied ratably to the remaining principal amortization payments of the Term Loans or Delayed Draw Term Loans, as applicable, including, without limitation, the final principal repayment installment on the Maturity Date.

  • The aggregate principal amount of any Delayed Draw Term Loan made by any Delayed Draw Term Lender on the occasion of any ​ borrowing of Delayed Draw Term Loans shall be a minimum amount of $5,000,000 per draw and shall not exceed the then available Discretionary Delayed Draw Term Loan Commitment of such Lender (immediately prior to giving effect to the making of such Delayed Draw Term Loans).

  • As of the Delayed Draw Term Loan Closing Date, immediately after giving effect to the funding of the Delayed Draw Term Loans, no Default or Event of Default shall have occurred and be continuing.


More Definitions of Delayed Draw Term Loans

Delayed Draw Term Loans means the collective reference to the Delayed Draw 1 Term Loans made pursuant to Section 2.01(a)(iv) of the Existing Credit Agreement and Delayed Draw 2 Term Loans made pursuant to Section 2.01(a)(v) of the Existing Credit Agreement. Each Delayed Draw Term Loan shall be either a Eurocurrency Rate Loan or a Base Rate Loan.
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Delayed Draw Term Loans means, collectively, the First Amendment Delayed Draw Term Loans and the Second Amendment Delayed Draw Term Loans A.
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Delayed Draw Term Loans means the Term Loans made subsequent to the Closing Date and on or before the Draw Period Termination Date pursuant to subsection 2.01(b).
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Delayed Draw Term Loans means the Term A Loans made, if any, pursuant to Section 2.01(a)(ii). For the avoidance of doubt, after the expiration of the Delayed Draw Availability Period, the Initial Term A Loans and the Delayed Draw Term Loans (if any) shall all constitute Term A Loans hereunder, without differentiation.
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Delayed Draw Term Loans means, collectively, the Tranche 1 Term Loan, Tranche 2 Term Loan and Tranche 3 Term Loan.
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Delayed Draw Term Loans shall have the meaning given to such term in the Term Loan Agreement.
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Delayed Draw Term Loans means the Loans made pursuant to clause (ii) of Section 2.01(a).
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