Delayed Draw Term Loan

Example Definitions of "Delayed Draw Term Loan"
Delayed Draw Term Loan. In Dollars, or in Euros if requested by the Domestic Borrower at such time, to the Domestic Borrower, at the Domestic Borrower's option, on a Business Day during the Delayed Draw Availability Period, in a principal amount not to exceed such Lender's Delayed Draw Commitment. Any portion of the Delayed Draw Commitment not borrowed during the Delayed Draw Availability Period will thereafter be unavailable.
Found in Dresser-Rand Group Inc. contract
Delayed Draw Term Loan. Shall mean, individually and collectively, the loans provided by Lender from time to time to Borrowers pursuant to Section 2.1.2(b).
Found in KINGSWAY FINANCIAL SERVICES INC contract
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