Delayed Draw Commitment Termination Date definition

Delayed Draw Commitment Termination Date means the earliest to occur of (i) the date that is twenty-four (24) months after the Closing Date, (ii) the date on which all Delayed Draw Commitments then outstanding have been funded in one or more Borrowings pursuant to Section 2.01(a)(ii) and (iii) the date on which all unfunded Delayed Draw Commitments have been reduced to $0 pursuant to Section 2.06 or terminated by the Borrower.

Delayed Draw Commitment Termination Date means the earlier of (a) April 28, 2018 and (b) the date of termination of all remaining Delayed Draw Commitments pursuant to Section 2.07(b); provided that the date in clause (a) above may be extended up to 12 months with the consent of all of the Delayed Draw Lenders.

Delayed Draw Commitment Termination Date means the earlier to occur of (a) the Delayed Draw Borrowing Date and (b) the Termination Date.

Examples of Delayed Draw Commitment Termination Date in a sentence

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

• The Delayed Draw Commitment of each Term Lender shall be automatically and permanently reduced upon the making of any of such Term Lender’s Delayed Draw Term Loans, in the principal amount of such Delayed Draw Term Loans so made, and the Delayed Draw Commitments (to the extent not then already reduced) shall terminate on the Delayed Draw Commitment Termination Date.

• Each Lender’s Delayed Draw Term Loan Commitment shall be terminated immediately and without further action at 5:00 p.m., New York City time, on the Delayed Draw Commitment Termination Date.

• Accrued commitment fees shall be payable in arrears on the last Business Day of March, June, September and December of each year and on the Delayed Draw Commitment Termination Date, commencing on the first such date to occur after the date hereof.

• The Delayed Draw Term Loan Commitments shall automatically terminate on the Delayed Draw Commitment Termination Date.

More Definitions of Delayed Draw Commitment Termination Date

Delayed Draw Commitment Termination Date means the earliest to occur of (i) the Delayed Draw Closing Date (immediately after the making of the Delayed Draw Loan on such date), (ii) December 31, 2014, if the Delayed Draw Loan shall not have been made hereunder prior to such date and (iii) the Initial Commitment Termination Date, if the Initial Loan shall not have been made hereunder prior to or on such date.

Delayed Draw Commitment Termination Date means the date that is 60 days after the Effective Date.

Delayed Draw Commitment Termination Date means the earliest of (a) the Stated Maturity Date, (b) subject to Section 2.2, the termination of unused Commitments with respect to the DIP Facility and/or the date of acceleration of the Loans in accordance with the terms of this Agreement upon and during the continuance of an Event of Default, (c) the date of payment in full in cash of all Obligations (other than any contingent Obligations that survive the expiration or termination of this Agreement) and termination of all the Commitments pursuant to the terms herein and (d) the effective date of the Debtors’ Approved Plan.

Delayed Draw Commitment Termination Date means May 25, 2022; provided that if such date is not a Business Day, the Delayed Draw Commitment Termination Date shall be the preceding Business Day.

Delayed Draw Commitment Termination Date means January 23, 2009.

Delayed Draw Commitment Termination Date means March 27, 2026.

Delayed Draw Commitment Termination Date means the earlier to occur of (a) December 31, 2024 and (b) the Termination Date.