Term Loan Draw Date definition

Term Loan Draw Date has the meaning specified in Section 2.01(a).
Term Loan Draw Date means each date on which a Term Loan is made hereunder, each of which shall occur, if ever, not later than July 1, 2024.
Term Loan Draw Date means the earlier to occur of (i) the date upon which Domestic Revolving Availability is less than 50% of the Revolving Loan Cap, so long as after giving pro forma effect to the funding of the Term Loan on such date, no Default or Event of Default shall have occurred and be continuing hereunder, or (ii) at any time at the request of the Domestic Borrowers prior to the Term Loan Funding Termination Date, so long as at the time such request is made and after giving pro forma effect to the funding of the Term Loan, no Default or Event of Default shall have occurred and be continuing hereunder.]

Examples of Term Loan Draw Date in a sentence

  • Approve the appointment of Bryan Geist as the Assistant Athletic Director for the 2005-2006 school year at a stipend of $6000.

  • Each quarterly payment due and payable during each Loan Year (except with regard to the Fifth Loan Year) shall equal one-fourth (1/4) of the Loan Year Amount for such Loan Year and shall be due and payable quarterly on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Term Loan Draw Date, and in any event at least thirty (30) days after the Term Loan Draw Date.

  • Accrued Term Loan Commitment Fees shall be payable in arrears on the Term Loan Draw Date and on each Commitment Fee Payment Date, commencing March 31, 2015, and on the date on which the Term Loan Commitments otherwise terminate.

  • Unless you invest some care and effort, you can easily find that everything ends up in the highest compartment — or that the system fragments into thousands of tiny compartments that don’t communicate at all with each other.

  • On the Term Loan Draw Date each Lender shall make available to the Administrative Agent at its office specified in Section 9.2 the amount of such Lender's Commitment Percentage of such Term Loans in immediately available funds.


More Definitions of Term Loan Draw Date

Term Loan Draw Date the date on which Newco shall draw the proceeds of the Term Loan to pay the Class A Consideration to the Class A Holders.
Term Loan Draw Date means at any time at the request of the Borrower Representative prior to the Term Loan Funding Termination Date, so long as at the time such request is made and after giving pro forma effect to the funding of the Term Loan, no Default or Event of Default shall have occurred and be continuing hereunder.
Term Loan Draw Date means the date on which the conditions specified in Section 4.03 are satisfied (or waived in accordance with Section 10.02).
Term Loan Draw Date means, with respect to any borrowing and disbursement of the Term Loan, any Business Day on or after the Closing Date and not later than the Term Loan Availability Termination Date designated by the Borrower to the Administrative Agent in a Notice of Borrowing, so long as all of the conditions set forth in Section 4.02 and 4.03 shall have been satisfied or waived in accordance with Section 11.01.
Term Loan Draw Date means the date specified in the Notice of Borrowing (submitted to the Administrative Agent pursuant to Section 3.02(a)) as the date the borrowing of the Loans is to be made.
Term Loan Draw Date as defined in Section 2.1(a).
Term Loan Draw Date means the date upon which the Term Loans are borrowed in accordance with Section 2.1B hereof.