DDA Notification definition

DDA Notification has the meaning provided therefor in Section 6.13(a)(i).

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DDA Notification has the meaning provided therefor in Section 2.21(a).

DDA Notification has the meaning assigned to such term in Section 5.11.

Examples of DDA Notification in a sentence

• After the occurrence and during the continuance of a Cash Dominion Trigger Event, the Administrative Agent may (and, at the request of the Required Lenders, shall) deliver each such DDA Notification and Credit Card Notification to the applicable depository institution and credit card processor.

• Each DDA Notification and Credit Card Notification shall be held by the Administrative Agent until the occurrence of a Cash Dominion Trigger Event.

• Each DDA Notification and Credit Card Notification shall be held by the Administrative Agent until the occurrence of a Trigger Event.

• After the occurrence and during the continuance of a Trigger Event, the Administrative Agent may (and, at the request of the Required Lenders, shall) deliver each such DDA Notification and Credit Card Notification to the applicable depository institution and credit card processor.

• Each DDA Notification shall be held by the Administrative Agent until the occurrence of a Trigger Event.

More Definitions of DDA Notification

DDA Notification as defined in subsection 4.16(c).

DDA Notification means a written notice in the form of Exhibit D.

DDA Notification has the meaning specified in the First Lien Credit Agreement.

DDA Notification has the meaning provided therefor in Section 6.13(b). “Debtor Relief Laws” means the Bankruptcy Code of the United States, and Bankruptcy and Insolvency Act (Canada) (“BIA”), the CCAA, the Winding-up and Restructuring Act (Canada), and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States, Canada or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. “Default Rate” means (a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Margin, if any, applicable to Base Rate Loans, plus (iii) 2% per annum; provided, however, that with respect to a LIBOR Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan plus 2% per annum, and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Margin for Standby Letters of Credit or Commercial Letters of Credit, as applicable, plus 2% per annum. “Defaulting Lender” means any Lender that (a) has failed to (i) fund all or any portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder, or (ii) pay to Agent, L/C Issuer, or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit) within two Business Days of the date when due, (b) has notified any Borrower, Agent or L/C Issuer in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect, (c) has failed, within three Business Days after written request by Agent or Lead Borrower, to confirm in writing to Agent and Lead Borrower 15

DDA Notification has the meaning provided therefor in Section 3.05(d)(i).

DDA Notification has the meaning specified in Section 6.13(a)(i); it being acknowledged and agreed that the term “DDA Notifications” shall also be deemed to include, without limitation, any such agreement executed and delivered pursuant to the Existing Agreement and the Existing Loan Documents which is in effect as of the Restatement Effective Date.

DDA Notification has the meaning set forth in Section Within ninety (90) days after the Effective Date (or such longer time as the Administrative Agent may, in its sole discretion, agree in writing), each Loan Party shall:.