DDTL Loans definition

DDTL Loans means, collectively, the amounts advanced by the Lenders to the Borrower under the DDTL Commitment.
Sample 1

Examples of DDTL Loans in a sentence

  • This DDTL Note evidences the Lender’s portion of the DDTL Loans under, and is entitled to the benefits and subject to the terms of, the Loan Agreement which contains, among other things, provisions with respect to the acceleration of the maturity of this DDTL Note upon the happening of certain stated events and provisions for prepayment.

  • With respect to any prepayment of Initial Dollar Term Loans or 2023 Incremental DDTL Loans and, unless otherwise specified in the documents therefor, other Term Loan Tranches pursuant to Section 2.05(b)(i) or (ii), any Appropriate Lender, at its option (but solely to the extent the Borrower elects for this clause (c) to be applicable to a given prepayment, other than in connection with any Refinancing Debt or any Specified Refinancing Term Loans), may elect not to accept such prepayment as provided below.

  • The entire amount of the 2020 DDTL Loans shall be available to the Borrower in a single borrowing on the DDTL Funding Date.

  • Subject to the terms and conditions of this Agreement, each Lender with a DDTL Commitment agrees severally to make DDTL Loans in an amount not exceeding such Lender’s DDTL Commitment on any Business Day through the DDTL Commitment Termination Date; provided, that the undrawn portion thereof shall automatically be cancelled at the close of business on the DDTL Commitment Termination Date.

  • All DDTL Loans and accrued interest shall be due and payable in full on the DDTL Maturity Date, or such earlier date as the DDTL Loans shall be due and payable in full, in cash, whether by acceleration or otherwise, pursuant to the Credit Agreement.

  • This Note evidences the Lender’s portion of the DDTL Loans under, and is entitled to the benefits and subject to the terms of, the Credit Agreement and the other Loan Documents, which contains provisions with respect to the acceleration of the maturity of this Note upon the happening of certain stated events, and provisions for prepayment and repayment.

Related to DDTL Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

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

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • 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.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

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

  • New Revolving Loans as defined in Section 2.25.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.