DDA Notification definition

DDA Notification has the meaning provided therefor in Section 6.13(a)(i).
DDA Notification has the meaning provided therefor in Section 2.22(c).
DDA Notification has the meaning assigned to such term in Section 5.11.

Examples of DDA Notification in a sentence

  • DDA Notification and Credit Card Notification to the applicable depository institution and credit card processor.


More Definitions of DDA Notification

DDA Notification as defined in subsection 4.16(c).
DDA Notification means a written notice in the form of Exhibit D.
DDA Notification has the meaning specified in the First Lien Credit Agreement.
DDA Notification has the meaning provided therefor in Section 6.13(b). “Debtor Relief Laws” means the Bankruptcy Code of the United States, and Bankruptcy and Insolvency Act (Canada) (“BIA”), the CCAA, the Winding-up and Restructuring Act (Canada), and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States, Canada or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. “Default Rate” means (a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Margin, if any, applicable to Base Rate Loans, plus (iii) 2% per annum; provided, however, that with respect to a LIBOR Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan plus 2% per annum, and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Margin for Standby Letters of Credit or Commercial Letters of Credit, as applicable, plus 2% per annum. “Defaulting Lender” means any Lender that (a) has failed to (i) fund all or any portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder, or (ii) pay to Agent, L/C Issuer, or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit) within two Business Days of the date when due, (b) has notified any Borrower, Agent or L/C Issuer in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect, (c) has failed, within three Business Days after written request by Agent or Lead Borrower, to confirm in writing to Agent and Lead Borrower 15
DDA Notification has the meaning provided therefor in Section 3.05(d)(i).
DDA Notification has the meaning provided therefor in Section 2.23(c). “Debt Service Charges” means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any obligations on account of Synthetic Leases but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP. “Debtor Relief Laws” means the Bankruptcy Code and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Default” means any event or condition that constitutes an Event of Default or that upon notice, lapse of time or both would, unless cured or waived, become an Event of Default. “Default Rate” means (a) when used with respect to Obligations other than Letter of Credit Fees and Term Loans, an interest rate equal to (i) the Prime Rate plus (ii) the Applicable Margin applicable to Prime Rate Revolving Loans plus (iii) 2% per annum; provided, however, that with respect to a LIBO Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Margin) otherwise applicable to such Loan plus 2% per annum, (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Margin otherwise payable pursuant to Section 2.14 plus 2% per annum and (c) when used with respect to Term Loans, a rate equal to the Term Loan Interest Rate plus 2% per annum. “Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable. “Delinquent Lender” has the meaning therefor provided therefor in Section 8.12. “Delinquent Lender’s Future Commitment” has the meaning therefor provided therefor in Section 8.12. “Delinquent Lender Rate” means (a) for the first three (3) days from and after the date the relevant payment is due, the Base Prime Rate, and (b) thereafter, the interest rate then applicable to Loans that are Prime Rate Loans (inclusive of the Applicable Margin applicable thereto). “Deteriorating Lender” means any Delinquent Lender or any Revolvi...
DDA Notification has the meaning set forth in Section Within ninety (90) days after the Effective Date (or such longer time as the Administrative Agent may, in its sole discretion, agree in writing), each Loan Party shall:.