Delayed Draw Borrowing Date definition

Delayed Draw Borrowing Date means the date of any Advance of Delayed Draw Term A Loans.

Delayed Draw Borrowing Date has the meaning provided in Section 2.01.

Delayed Draw Borrowing Date means the date on which the conditions precedent in Section 4.02 have been satisfied and the Delayed Draw Loan is made, which shall be no earlier than the Final Order Entry Date.

Examples of Delayed Draw Borrowing Date in a sentence

• Not later than 10:00 a.m., New York City time on the Fifth Amendment and Restatement Effective Date or Delayed Draw Borrowing Date, as applicable, each Term Lender shall make available to the Administrative Agent at the applicable Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender.

• To the extent not borrowed on the Delayed Draw Borrowing Date, such unused Delayed Draw Commitments shall be terminated in full on the Delayed Draw Borrowing Date.

• Each Delayed Draw Tranche A Lender’s Delayed Draw Tranche A Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Borrowing Date after giving effect to the funding of such Delayed Draw Tranche A Lender’s Delayed Draw Tranche A Term Loan Commitment on the Delayed Draw Borrowing Date.

• For the avoidance of doubt, the New 2014 Initial Term Loans made on the Incremental Amendment No. 1 Effective Date and New 2014 Delayed Draw Term Loans made on the Delayed Draw Borrowing Date shall each (x) constitute Initial Term Loans for all purposes of this Agreement, (y) mature and become due and payable on the Maturity Date for the Initial Term Loans and (z) be repaid in quarterly installments in accordance with this Section 2.05.

• Each Term Loan of each Term Lender shall mature in 20 consecutive quarterly installments, each of which shall be in an amount equal to the product of such Lender’s Term Percentage, as applicable, multiplied by (i) the Amortization Percentage set forth below opposite such installment and (ii) the initial principal amount of the Term Loans borrowed on the Fifth Amendment and Restatement Effective Date and Delayed Draw Borrowing Date.

More Definitions of Delayed Draw Borrowing Date

Delayed Draw Borrowing Date means any date on which any Delayed Draw Term Loans are extended pursuant to this Agreement.

Delayed Draw Borrowing Date means the Business Day on which the conditions set forth in Sections 4.02 and 4.03 are satisfied or waived in accordance with the terms hereof and the Delayed Draw Term Loans are made by the Delayed Draw Lenders pursuant to Section 2.01(b).

Delayed Draw Borrowing Date means the date on which Delayed Draw Loans are made, which shall be the Final Order Entry Date or a date that is not later than three Business Days following such Final Order Entry Date.

Delayed Draw Borrowing Date means the date on which any Delayed Draw Loan is made pursuant to the terms and conditions hereof.

Delayed Draw Borrowing Date has the meaning assigned to such term in Section 2.01(b).

Delayed Draw Borrowing Date means the date of the Borrowing of the Delayed Draw Loan.

Delayed Draw Borrowing Date means each date on which Borrower requests a Delayed Draw Term Loan be made and all of the conditions set forth in Section 3.2 are satisfied or otherwise waived by Lender.