DD Term Loans definition
Examples of DD Term Loans in a sentence
Each party hereto acknowledges and agrees that there are no DD Term Loans outstanding as of the Second Amendment Effective Date.
Each DD Term Loan shall be repaid in equal quarterly installments on the last day of each March, June, September and December based on a straight line five year amortization schedule; provided that any remaining outstanding principal balance of the DD Term Loans shall be repaid on April 23, 2013, the final maturity date of all DD Term Loans.
As an accommodation to Borrowers, Agent may permit telephone requests for DD Term Loans, which the Borrowers shall promptly confirm in writing.
The credit facility for DD Term Loans provided for in subsection 2(c) of the Loan Agreement is hereby terminated in its entirety, and no Borrower has any rights to request any DD Term Loan.
Amounts repaid with respect to the DD Term Loans may not be reborrowed.