DDTL Termination Date definition

DDTL Termination Date means the first anniversary of the Effective Date.
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DDTL Termination Date means the date on which (a) all Delayed Draw Term Loan Commitments shall have been terminated, and (b) the principal of and interest on each Delayed Draw Term Loan, all Fees and all other expenses or amounts payable under any Loan Document and all other Loan Obligations, in each case, in respect of the Delayed Draw Term Loans, shall have been paid in full (other than in respect of contingent indemnification and expense reimbursement claims not then due).
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Examples of DDTL Termination Date in a sentence

  • The Administrative Agent shall be satisfied that the proceeds of such Borrowing shall be used in accordance with Section 7.9 and, in the case of a release of funds from the DDTL Escrow Account, shall have received documentation acceptable to it evidencing commencement of deployment of the applicable Installed Digital System prior to the DDTL Termination Date.

  • As of any Funding Date and the date of any DDTL Termination Date Funding, not more than 5% of Digital Systems deployed under the Phase 2 Rollout are deployed at Second-Run Complexes.

  • On or prior to the DDTL Termination Date, if the Borrower delivers a Notice of DDTL Termination Date Funding, the Administrative Agent agrees to establish in its name and with SG a non-interest bearing deposit account (the "DDTL Escrow Account").

  • For avoidance of doubt and for purposes of calculating any amounts owing under this Section 2.8(c), each Lender's Delayed Draw Term Loan Commitment shall be deemed to terminate after any DDTL Termination Date Funding on the DDTL Termination Date.

  • The DDTL Termination Date Funding shall be in a minimum amount of $1,000,000.

  • If the Delayed Draw Term Loan Commitments are increased in accordance with this Section 2.18, the Administrative Agent and the Borrower shall determine the effective date, which shall not be later than the DDTL Termination Date (such effective date, the "DDTL Increase Effective Date") and the final allocation of such DDTL Increase.

  • The Borrower shall have the right, exercisable two times, to extend the current New DDTL Termination Date by one year in each case.

  • As of any Funding Date and the date of any DDTL Termination Date Funding, not more than 5% of Digital Systems deployed under the Phase 2 Rollout are deployed at New Build Cineplexes.

  • The Administrative Agent shall have received a written, timely and duly executed and completed Notice of DDTL Termination Date Funding.

  • The DDTL Termination Date Funding shall be made on notice given by the Borrower to the Administrative Agent not later than 11:00 a.m. on the first Business Day prior to the DDTL Termination Date.

Related to DDTL Termination Date