DDT Loan definition

DDT Loan shall have the meaning set forth in Section 2.01(a).
View Source
DDT Loan has the meaning specified in the Multi-Year Credit Agreement.
View Source

Examples of DDT Loan in a sentence

  • Each Lender’s DDTL Commitment shall terminate immediately and without further action on the DDTL Commitment Termination Date after giving effect to the funding of such Lender’s DDT Loan on or prior to such date.

  • Each Lender’s DDTL Commitment shall terminate immediately and without further action on the SSI DDTL Commitment Termination Date after giving effect to the funding of such Lender’s SSI DDT Loan on or prior to such date.

  • Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a DDT Loan if the Interest Period requested with respect thereto would end after the DDTL Facility Maturity Date with respect to the applicable DDTL Commitments.

  • If any of the Veda Acquisition Closing Conditions is not satisfied or waived in accordance with Section 12.01 on or prior to the date that is sixty (60) days following the DDTL Funding Date, the Company shall repay the aggregate outstanding principal amount of the DDT Loan on the 60th day following the DDTL Funding Date.

  • The Company hereby requests (select one): ¨ A Borrowing of the DDT Loan; or ¨ A conversion of the DDT Loan, or a continuation of Eurodollar Rate DDT Loans.