Delayed Draw Term Loan Lender definition

Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.
Delayed Draw Term Loan Lender means, at any time: (a) so long as any Delayed Draw Term Loan Commitment is in effect, any Lender that has a Delayed Draw Term Loan Commitment at such time; or (b) if the Delayed Draw Term Loan Commitments have terminated or expired, any Lender that has a Delayed Draw Term Loan.
Delayed Draw Term Loan Lender means, at any time, any Lender with (i) a Delayed Draw 1 Term Loan Commitment or Delayed Draw 2 Term Loan Commitment or (ii) an outstanding Delayed Draw 1 Term Loan or outstanding Delayed Draw 2 Term Loan.

Examples of Delayed Draw Term Loan Lender in a sentence

  • Not later than 1:00 p.m. on the Closing Date, each Delayed Draw Term Loan Lender will make available to the Administrative Agent for the account of the Parent Borrower (on behalf of the Borrowers), at the Administrative Agent’s Office in immediately available funds, the amount of such Delayed Draw Term Loan to be made by such Delayed Draw Term Loan Lender on the Closing Date.

  • Neither any Lender nor the Agent shall be responsible for the failure of any Delayed Draw Term Loan Lender to fund its Pro Rata Share of the Delayed Draw Term Loans required hereunder.

  • Upon receipt of such Notice of Borrowing from the Parent Borrower, the Administrative Agent shall promptly notify each Delayed Draw Term Loan Lender thereof.

  • The Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender (along with the Aggregate Delayed Draw Term Loan Commitment) shall be reduced by the amount of each such advance made by such Delayed Draw Term Loan Lender on the date that each such advance is made, and the Delayed Draw Term Loan Commitment of each Delayed Draw Term Loan Lender, along with the Aggregate Delayed Draw Term Loan Commitment, shall terminate on the last day of the Delayed Draw Term Loan Commitment Period.

  • Promptly upon receipt of such Notice of Borrowing, Agent shall advise each Delayed Draw Term Loan Lender thereof.


More Definitions of Delayed Draw Term Loan Lender

Delayed Draw Term Loan Lender means, at any time, (a) so long as any Delayed Draw Term Loan Commitment is in effect, any Lender that has a Delayed Draw Term Loan Commitment at such time or (b) if the Delayed Draw Term Loan Commitments have terminated or expired, any Lender that has a Delayed Draw Term Loan.
Delayed Draw Term Loan Lender each Lender that has a Delayed Draw Term Loan Commitment.
Delayed Draw Term Loan Lender means the Lenders that fund the Delayed Draw Term Loans on each Delayed Draw Funding Date, up to their respective Delayed Draw Term Loan Commitments.
Delayed Draw Term Loan Lender means any Lender that has a Delayed Draw Term Loan Commitment and, after a Borrowing under the Delayed Draw Term Loan Commitment, any Lender that holds Delayed Draw Term Loans at such time.
Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or that holds a portion of a Delayed Draw Term Loan.
Delayed Draw Term Loan Lender means a Delayed Draw Term Loan A Lender and/or a Delayed Draw Term Loan B Lender.
Delayed Draw Term Loan Lender means each of those certain financial institutions set forth on Schedule B attached hereto that has a Delayed Draw Term Loan Commitment as set forth on Schedule B hereto and such other financial institutions that may from time to time make a Delayed Draw Term Loan under the Loan Documents, and if at any time any Delayed Draw Term Loan Lender shall decide to assign or syndicate all or any of its Delayed Draw Term Loan Commitment subject to Section 8(a) of this Agreement, such term shall include such assignee or such other members of the syndicate.