Delayed Draw Closing Date definition

Delayed Draw Closing Date means the date of the making of the Delayed Draw Loan hereunder, which in no event shall be later than December 31, 2014.

Delayed Draw Closing Date means the date of the making of the Delayed Draw Loan hereunder.

Delayed Draw Closing Date means the date that any Delayed Draw Term Loans are funded and the Delayed Revolving Credit Commitments become effective.

Examples of Delayed Draw Closing Date in a sentence

• In it they expressed that the voting system was not totally protected from the problem of usurpation of identity, given that there were not sufficient guarantees to prevent one person voting for another.

• 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.

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

• After receipt of the Loan Request for the Delayed Draw Loan, the Lender shall, on the Delayed Draw Closing Date and subject to the terms and conditions hereof, make the requested proceeds of the Delayed Draw Loan available to the Borrower by wire transfer to the account the Borrower shall have specified in its Loan Request.

• Each Note shall be payable as provided in Section 2.2(b), (c), (d) or (e), as applicable, and provide for the payment of interest in accordance with Section 4.1. For the avoidance of doubt, any Notes issued with respect to Tranche B Term Loans shall reflect that, following the Tranche B Delayed Draw Closing Date, all Tranche B Refinancing Term Loans, Tranche B Initial Term Loans and Tranche B Delayed Draw Term Loans constitute a single Tranche of Tranche B Term Loans.

More Definitions of Delayed Draw Closing Date

Delayed Draw Closing Date means the date of any Borrowing of Delayed Draw Term Loans in accordance with Sections 2.01(a)(ii) and 4.02.

Delayed Draw Closing Date means each of the First Delayed Draw Closing Date and the Second Delayed Draw Closing Date.

Delayed Draw Closing Date means the date that the Lenders with a Term Loan Commitment make the initial Term Loans hereunder.

Delayed Draw Closing Date means the first date all the conditions precedent in Section 4.01 are satisfied or waived in accordance with Section 10.01.

Delayed Draw Closing Date means, as applicable, the Delayed Draw Tranche A Closing Date or the Delayed Draw Tranche B Closing Date.

Delayed Draw Closing Date means the first date all the conditions precedent in Section 4.02 are satisfied or waived, which date shall occur during the Delayed Draw Availability Period.

Delayed Draw Closing Date means the date on which the conditions set forth in the Delayed Draw Subscription Agreements are met and the Delayed Draw Exit Notes are issued by the Reorganized Diamond Offshore.