Tranche B Delayed Draw Commitment definition

Tranche B Delayed Draw Commitment as to any Lender, its obligation to make Tranche B Delayed Draw Term Loans to the Borrower pursuant to Section 2.1(c) in an aggregate amount not to exceed the amount set forth opposite such ▇▇▇▇▇▇’s name in Schedule A-1 under the heading “Tranche B Delayed Draw Commitment”; collectively as to all the Tranche B Delayed Draw Term Lenders, the “Tranche B Delayed Draw Commitments”. The original aggregate amount of the Tranche B Delayed Draw Commitments on the First Incremental Effective Date is $110 million.
View Source
Tranche B Delayed Draw Commitment as to any Lender, its obligation to make Tranche B Delayed Draw Term Loans to the Borrower pursuant to Section 2.1(c) in an #94013791v1296130652v5 1008495241v11008495241v6 aggregate amount not to exceed the amount set forth opposite such ▇▇▇▇▇▇’s name in Schedule A-1 under the heading “Tranche B Delayed Draw Commitment”; collectively as to all the Tranche B Delayed Draw Term Lenders, the “Tranche B Delayed Draw Commitments”. The original aggregate amount of the Tranche B Delayed Draw Commitments on the First Incremental Effective Date is $110 million.
View Source
Tranche B Delayed Draw Commitment with respect to each Tranche B Lender, the commitment of each such Tranche B Lender to make the Tranche B Delayed Draw Term Loans hereunder in an aggregate amount not to exceed the amount set forth opposite such Tranche B Lender’s name on Annex 1. The aggregate amount of the Tranche B Lenders’ Tranche B Delayed Draw Commitments on the Closing Date is $90,000,000.
View Source

Examples of Tranche B Delayed Draw Commitment in a sentence

  • The Tranche B Delayed Draw Commitment Fee shall be due and payable on the last day of each March, June, September and December during the Tranche B Delayed Draw Ticking Fee Period and on the last day of the Tranche B Delayed Draw Ticking Fee Period.

  • On the Tranche B Delayed Draw Closing Date (after giving effect to the incurrence of any Tranche B Delayed Draw Term Loans on such date), the Tranche B Delayed Draw Commitment of each Lender shall terminate.

  • The Tranche B Delayed Draw Commitment Amount shall automatically and permanently be reduced to zero on the Tranche B Delayed Draw Commitment Termination Date.

  • On the terms and subject to the conditions of this Agreement, the Lender agrees to make a term loan (the “Tranche B Delayed Draw Loan”) to the Borrower on the Tranche B Delayed Draw Closing Date in an amount equal to (but not less than) the Tranche B Delayed Draw Commitment Amount.

  • The Tranche B Delayed Draw Commitment Fee shall be due and payable on the last day 1003003016v2 #895889271003585382v5 8 of each March, June, September and December during the Tranche B Delayed Draw Ticking Fee Period and on the last day of the Tranche B Delayed Draw Ticking Fee Period.

  • The Tranche B Delayed Draw Commitment Fee shall be due and payable on the last day 1003003016v2 #895889271003585382v58 of each March, June, September and December during the Tranche B Delayed Draw Ticking Fee Period and on the last day of the Tranche B Delayed Draw Ticking Fee Period.

  • On the Tranche B Delayed Draw Closing Date (after giving effect to the 10023685561003003016v52 #8894688589588927v75 incurrence of any Tranche B Delayed Draw Term Loans on such date), the Tranche B Delayed Draw Commitment of each Lender shall terminate.