Delayed Draw Period definition

Delayed Draw Period means the period commencing on the Closing Date and ending on the date occurring 180 days following the Closing Date.

Delayed Draw Period has the meaning specified in Section 2.01(d).

Delayed Draw Period means the period after the Closing Date and ending on the Delayed Draw Term Loan Commitment Expiration Date which can be extended solely with the consent of each Lender providing such Delayed Draw Term Loan Commitment.

Examples of Delayed Draw Period in a sentence

• Further, if, at 11:59 P.M. on the last day of the Delayed Draw Period, any unfunded Commitments exist, such unfunded Commitments shall automatically be deemed terminated and reduced to zero.

• Each Term Loan Lender severally, but not jointly, agrees, on the terms and conditions hereinafter set forth, to make Advances in Dollars (each, a “Term Loan Advance”) available to the Borrower on any Business Day during the Delayed Draw Period, in an amount for each such Advance not to exceed such Term Loan Lender’s unfunded Term Loan Commitment at such time.

• Subject to the terms and conditions hereof and the satisfaction of the Delayed Draw Conditions, each Lender severally agrees to make, during the Delayed Draw Period, one or more Delayed Draw Term Loans to the Borrower in an aggregate amount not to exceed such Lender’s Delayed Draw Term Loan Commitment.

• Further, if, at 11:59 P.M. on the last day of the Delayed Draw Period, any unfunded Delayed Draw Tranche Commitments exist, such unfunded Delayed Draw Tranche Commitments shall automatically be deemed terminated and reduced to zero.

• Any unfunded Commitments in respect of the Delayed Draw Loans shall automatically be deemed terminated and reduced to zero on the earlier to occur of: (i) the date that the third Delayed Draw Term Loan is advanced to the Borrowers in accordance with § 2.1(b) (immediately following such advance) and (ii) at 11:59 P.M. (Eastern time) on the last day of the Delayed Draw Period.

More Definitions of Delayed Draw Period

Delayed Draw Period means the date that is six months after the date of the Initial Closing.

Delayed Draw Period means the period commencing on the Issue Date and ending upon the third anniversary of the Issue Date.

Delayed Draw Period means the period commencing on the Closing Date and ending on May 11, 2017.

Delayed Draw Period means the period from and including the Closing Date to and including the Delayed Draw Commitment Termination Date.

Delayed Draw Period means the period commencing on the Effective Date and ending on the DDTL Funding Termination Date.

Delayed Draw Period means the period commencing on the date hereof and expiring on February 1, 2016.

Delayed Draw Period means the period ending 60 days after the Effective Date.