MMDT definition
Examples of MMDT in a sentence
Forthwith upon the permanent repayment of the MMDT Indebtedness, the Borrower shall cause Cubo to (i) provide the Administrative Agent with satisfactory evidence of the discharge of the MMDT Liens and the termination of the MMDT Loan Document and (ii) enter into Security Documents necessary to grant the Administrative Agent a Lien on all assets of Cubo that had hitherto been subject to the MMDT Lien, together with all legal opinions with respect thereto deemed necessary by the Administrative Agent.
Such Account shall be invested with Massachusetts Municipal Depository Trust (MMDT) or in such other manner as may be approved by the Agency from time to time in the Agency’s reasonable discretion.
Section 11.3(o) of the Credit Agreement is hereby amended by deleting the reference therein to "Mexgold Escrow Agreement" and replacing it with "MMDT Loan Document".
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The Borrower shall cause Cubo to use its best commercial efforts to permanently prepay the MMDT Indebtedness as soon as is reasonably possible.