DDT Loans definition

DDT Loans means the term b loans made by a Lender with a DDTL Commitment to the Borrower on the DDTL Date pursuant to Section 2.5(b); provided, that, for the avoidance of doubt, all DDT Loans are Term B Loans hereunder.
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DDT Loans means, collectively, the amounts advanced by the Lenders having DDTL Commitments to the Borrowers under the DDTL Commitments.
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DDT Loans means the term b loans made by a Lender with a DDTL Commitment to the Borrower on the DDTL Date pursuant to S ection 2 .5(b); provided, that, for the avoidance of doubt, all DDT Loans are Term B Loans hereunder.
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Examples of DDT Loans in a sentence

  • The DDT Loans may be, from time to time, Base Rate Loans or Eurodollar Loans or a combination thereof.

  • Once repaid, DDT Loans under the DDTL Commitment may not be reborrowed.

  • The amount of the Unreinvested Net Proceeds required to be repaid under this Section 2.6(b)(ii) shall be applied first, to any Term Loan A Loans and DDT Loans then outstanding, on a pro rata basis, second, once the outstanding Term Loan A Loans and DDT Loans are paid in full, to any Revolving Loans then outstanding (without a reduction in the Revolving Loan Commitments) and third, once the outstanding Revolving Loans are paid in full, as a reduction of the DDTL Commitments.

  • The Loans by an SPC hereunder shall be Revolving Loans, Term Loan A Loans, DDT Loans and/or, if applicable, Incremental Facility Loans of the Granting Lender to the same extent, and as if, such Loans were made by such Granting Lender.

  • One (1) Revolving Loan Note, one (1) Term Loan A Note, one (1) DDTL Note and, if applicable, one (1) Incremental Facility Note, shall be payable to each applicable Lender in accordance with such Lender’s applicable Commitment Ratio for Revolving Loans, the Term Loan A Loans, the DDT Loans and, if applicable, the Incremental Facility Loans.

  • During the existence of an Event of Default, (x) no DDT Loans may be requested as, converted to or continued as Eurodollar Rate DDT Loans without the consent of the Required DDT Lenders and (y) no Incremental Term Loans may be requested as, converted to or continued as Eurodollar Rate Incremental Term Loans without the consent of the Required Incremental Term Loan Lenders.

  • The DDTL Commitment of each DDTL Lender shall be reduced by the aggregate amount of DDT Loans funded by such DDT Lender.

  • The DDT Loans may be, from time to time, Base Rate DDT Loans or Eurodollar Rate DDT Loans or a combination thereof.

  • At no time shall the sum of the aggregate principal amount of the DDT Loans borrowed hereunder exceed the Total DDTL Commitment.

  • The Borrowers hereby promise to pay, on a joint and several basis subject to Section 11.20 of the Loan Agreement, interest on the unpaid principal amount of the DDT Loans outstanding hereunder as provided in the Loan Agreement.

Related to DDT Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Revolving Loans as defined in Section 2.4(a).

  • Term A Loans has the meaning specified in Section 2.01(b).