DDTL Maturity Date definition

DDTL Maturity Date means August 3, 2026; provided, that, if such date is not a Business Day, the DDTL Maturity Date shall be the first (1st) Business Day prior to such date.
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DDTL Maturity Date the date that is five years from the Second A&R Closing Date Debt: as applied to any Person, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP (unless otherwise indicated herein): (a) Borrowed Money; (b) all obligations of such Person to pay the deferred purchase price of property or services (other than accrued expenses and trade accounts payable in the Ordinary Course of Business and employee benefit obligations in the Ordinary Course of Business that are not past due); (c) net obligations owing by such Person under any Hedging Agreements; (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person, but including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; provided, that, if such indebtedness is not assumed by a personal liability of such Person then the amount of such indebtedness shall be limited to the lesser of (i) the amount of such indebtedness and (ii) the book value of the asset securing such indebtedness; (e) all Contingent Obligations to the extent that the “primary obligations” (as defined in the definition of Contingent Obligations) related thereto constitute Debt; (f) all reimbursement obligations in connection with letters of credit issued for the account of such Person; (g) in the case of an Obligor, without duplication, the principal amount of Obligations; and (h) any earn out obligations that have become fixed and determined and have not been paid after becoming due and payable, if reflected as a liability on the balance sheet in accordance with GAAP. The Debt of a Person shall include any recourse Debt of any partnership in which such Person is a general partner or joint venturer and the amount of any net obligation under any Hedging Agreement on any date shall be deemed to be the swap termination value as of such date.
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DDTL Maturity Date. December 2, 2027.
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Examples of DDTL Maturity Date in a sentence

  • The principal amount of all DDTLs shall be repaid in consecutive quarterly installments commencing on the first day of the first Fiscal Quarter following the end of the DDTL Year in which such DDTL was made and continuing until the DDTL Maturity Date (on which date all principal, interest and other amounts owing with respect to such DDTLs shall be due and payable in full).

  • The principal amount of all DDTLs shall be repaid in consecutive quarterly installments on the last day of the each Fiscal Quarter commencing on December 31, 2022 and on the last day of the each Fiscal Quarter thereafter until the DDTL Maturity Date (on which date all principal, interest and other amounts owing with respect to such DDTLs shall be due and payable in full).

  • The Credit Parties will not permit the Total Leverage Ratio, as of the last day of each Test Period (beginning with fiscal quarter of Holdings ending on September 30, 2020) (x) (i) to the extent any 2022-II Supplemental DDTLs are then outstanding, to be greater than 4.50:1.00 prior to and through the 2022-II Supplemental DDTL Maturity Date and (ii) otherwise, to be greater than 4.75:1.00 prior to and through March 31, 20224, and (y) thereafter, to be greater than 34.25:1.00.

  • Quarterly Payment Date Amortization Payment Percentage Each Quarterly Payment Date ended on or prior to December 31, 2025 1.25 % Each Quarterly Payment Date ended after December 31, 2025 and prior to the DDTL Maturity Date 1.875 % The remaining unpaid principal amount of the Delayed Draw Term Loans and all other Obligations under or in respect of the Delayed Draw Term Loans shall be due and payable in full, if not earlier in accordance with this Agreement, on the DDTL Maturity 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.

  • The Credit Parties will not permit the Total Leverage Ratio, as of the last day of each Test Period (beginning with fiscal quarter of Holdings ending on September 30, 2020) (x) (i) to the extent any 2022-II Supplemental DDTLs are then outstanding, to be greater than 4.50:1.00 prior to and through the 2022-II Supplemental DDTL Maturity Date and (ii) otherwise, to be greater than 4.75:1.00 prior to and through March 31, 2024, and (y) thereafter, to be greater than 4.25:1.00.


More Definitions of DDTL Maturity Date

DDTL Maturity Date means the earlier to occur of (a) December 21, 2021, or with respect to a Lender, such later date to which such Lender has agreed pursuant to Section 2.16(b) and (b) such earlier date as payment in full of the DDTL Loans shall be due (whether by acceleration or otherwise).
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Related to DDTL Maturity Date

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Final Maturity Date means March 31, 2022.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Legal Maturity Date means July 15, 2024.

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Extended Maturity Date shall have the meaning set forth in Section 2.5(c) hereof.

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Equipment Maturity Date is defined in Section 2.1.1.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.