Original Drawdown Date has the meaning given to that term in Clause 7.9(a).
Original Drawdown Date means, in respect of an Original Drawing, the date on which that Original Drawing was utilised pursuant to the Existing Loan Agreement; and
Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;
Drawdown means the drawdown of a Tranche under the Loan Facility;
Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;
Loan Date means the date of the Loan Agreement as set forth in Exhibit A.
Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.
Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.
Credit Event Amount means, with respect to any Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.
Tranche C Loan has the meaning specified in Section 2.01(c).
Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.
Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.
Drawing Date shall have the meaning set forth in Section 2.12(b) hereof.
Tranche A Advance has the meaning specified in Section 2.01(a).
Draw Date means, with respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date.
Term Advance has the meaning specified in Section 2.01(a).
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.
Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).
Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).
Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.
Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.
Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).
Tranche B Loan has the meaning specified in Section 2.01(b).
Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.