DDTF Loans definition

DDTF Loans means a Term Loan made by a Lender to the Borrowers pursuant to Sections 2.01(b) and 5.03 hereof.

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DDTF Loans means any loans made to the Company or the other Borrowers by the Term Lenders on or following the Second Amendment Effective Date in an aggregate principal amount not to exceed $10,000,000.

Examples of DDTF Loans in a sentence

• The Borrowers shall have provided evidence that the Mortgage Amendments will be recorded in all relevant jurisdictions prior to or concurrently with the funding of any DDTF Loans along with the delivery of endorsements to the existing title policies requested by the Agents.

• All proceedings in connection with the making of the DDTF Loans and the other transactions contemplated by the DDTF Transactions and the other Loan Documents entered into in connection with DDTF, and all documents incidental hereto and thereto, shall be reasonably satisfactory to the Agents and its counsel.

• The making of the DDTF Loans and the DDTF Transactions shall not contravene any law, rule or regulation applicable to any Secured Party.

• All consents, authorizations and approvals of, and filings and registrations with, and all other actions in respect of, any Governmental Authority or other Person required in connection with (i) the making of the DDTF Loans, (ii) the execution, delivery and performance of the Transaction Documents and (iii) the conduct of the Loan Parties' business shall have been obtained and shall be in full force and effect.