Unused Delayed Draw Commitment Fee definition

Unused Delayed Draw Commitment Fee has the meaning specified in Section 4.3(a).
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Examples of Unused Delayed Draw Commitment Fee in a sentence

  • Each Loan Party hereby acknowledges that the Unused Delayed Draw Commitment Fee and the Delayed Draw Term Loans, and all interest, fees and other amounts due in connection therewith, are part of the “Obligations” under the Credit Agreement.

  • Borrowers shall pay interest on the Delayed Draw Term Loans and an Unused Delayed Draw Commitment Fee in accordance with the Amended Credit Agreement.

  • The Unused Delayed Draw Commitment Fee shall accrue at all times during the Delayed Draw Availability Period, including at any time during which one or more of the conditions in Article V is not met, and shall be due and payable annually in arrears on the first Business Day of each Loan Year, commencing with the first such date to occur after the Closing Date, and on the last day of the Delayed Draw Availability Period.

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