Delayed Draw Date definition

Delayed Draw Date has the meaning set forth in Section 1.1(b)(iii).
Delayed Draw Date means the date of the making of the Delayed Draw Loan hereunder, which shall be no sooner than the date on which each of the conditions precedent set forth in Section 6.02 shall have been satisfied.
Delayed Draw Date means a date subsequent to the Closing Date and on or prior to the Delayed Draw Termination Date designated as such by the Borrower pursuant to Section 4.2.

Examples of Delayed Draw Date in a sentence

  • Agent shall have received a duly executed letter of direction from Borrower addressed to Agent, on behalf of itself and the Lenders directing the disbursement of the proceeds of the Delayed Draw Term Loans on the applicable Delayed Draw Date.

  • Concurrently with the funding of the Term Loans on such Delayed Draw Date, any such Acquisition shall have been consummated in accordance with the terms of such acquisition agreement in all material respects and in compliance with applicable law and regulatory approvals.

  • Such fee for the Three-Year Term Loan Facility shall accrue from and including the date which is sixty (60) days after the Closing Date and shall be due and payable on the earlier to occur of (i) the Three-Year Facility Delayed Draw Date and (ii) the termination or expiration of the Three-Year Term Loan Commitments.

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

  • Such fee for the Two-Year Term Loan Facility shall accrue from and including the date which is sixty (60) days after the Closing Date and shall be due and payable on the earlier to occur of (i) the Two-Year Facility Delayed Draw Date and (ii) the termination or expiration of the Two-Year Term Loan Commitments.


More Definitions of Delayed Draw Date

Delayed Draw Date means the Business Day on which each of the conditions precedent in Section 4.2 has been satisfied or waived by the Requisite Lenders.
Delayed Draw Date means, with respect to any Borrowing of a Delayed Draw Loan, the Business Day on which such Borrowing is made hereunder, which shall be on or after the date on which each of the conditions precedent set forth in Section 6.02 have been satisfied for such Borrowing.
Delayed Draw Date means the date of the Borrowing of Additional Term-B Loans.
Delayed Draw Date means January 11, 2019 or such earlier date (which shall be a Business Day) notified by BTC Holdings Fund I, LLC to Quantum not less than one Business Day prior to such anticipated earlier funding date.
Delayed Draw Date means the date (which shall be no later than February 16, 2007) on which the Borrowing of the Delayed Draw Amount is made following the Supplement Effective Date.
Delayed Draw Date shall have the meaning provided in the Recitals.
Delayed Draw Date means each date a Borrowing under the Term Loan A‑2 Facility is funded in accordance with Section 2.1(b)(ii).