Examples of Total Delayed Draw Term Loan Commitment in a sentence
The Total Delayed Draw Term Loan Commitment shall terminate on the Delayed Draw Term Loan Commitment Termination Date.
The Total Delayed Draw Term Loan Commitment shall be permanently reduced immediately and without further action upon the funding of each Delayed Draw Term Loan by an amount equal to the amount of such Delayed Draw Term Loan.
The Total Delayed Draw Term Loan Commitment shall terminate on the Delayed Draw Term Loan Commitment Termination Date after giving effect to any borrowing on such date, if any.
The Total Delayed Draw Term Loan Commitment and each Lender’s Delayed Draw Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Term Loan Commitment Termination Date or upon the funding of the Delayed Draw Term Loan.
Each of (i) the Total Effective Date Term Loan Commitment and the Total Delayed Draw Term Loan Commitment and (ii) the Total Term Loan Commitment, the Effective Date Term Loan Commitment and the Delayed Draw Term Loan Commitment of each Lender, shall be terminated or reduced, as applicable, in accordance with Section 2.01(b).
The aggregate principal amount of the Delayed Draw Term Loan made after the Effective Date and prior to the Delayed Draw Term Loan Commitment Termination Date shall not exceed the Total Delayed Draw Term Loan Commitment.
Notwithstanding the foregoing, the undrawn Total Delayed Draw Term Loan Commitment and each Lender’s Delayed Draw Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Term Loan Commitment Termination Date after giving effect to the funding of any Lender’s Term Loan on such date.
The Total Delayed Draw Term Loan Commitment shall be permanently reduced immediately and without further action upon the funding of each Term Loan after the Effective Date in an amount equal to such funded Term Loan; provided, that, for the avoidance of doubt, any interest that is paid by capitalizing such interest and adding such capitalized interest to the then outstanding principal amount of the Term Loan pursuant to Section 2.04(a) shall not reduce the Total Delayed Draw Term Loan Commitment.