DDT Loans definition

DDT Loans means the term b loans made by a Lender with a DDTL Commitment to the Borrower on the DDTL Date pursuant to Section 2.5(b); provided, that, for the avoidance of doubt, all DDT Loans are Term B Loans hereunder.
DDT Loans means, collectively, the amounts advanced by the Lenders having DDTL Commitments to the Borrowers under the DDTL Commitments.
DDT Loans means the term b loans made by a Lender with a DDTL Commitment to the Borrower on the DDTL Date pursuant to S ection 2 .5(b); provided, that, for the avoidance of doubt, all DDT Loans are Term B Loans hereunder.

Examples of DDT Loans in a sentence

  • The Loans by an SPC hereunder shall be Revolving Loans, Term Loan A Loans, DDT Loans and/or, if applicable, Incremental Facility Loans of the Granting Lender to the same extent, and as if, such Loans were made by such Granting Lender.

  • One (1) Revolving Loan Note, one (1) Term Loan A Note, one (1) DDTL Note and, if applicable, one (1) Incremental Facility Note, shall be payable to each applicable Lender in accordance with such Lender’s applicable Commitment Ratio for Revolving Loans, the Term Loan A Loans, the DDT Loans and, if applicable, the Incremental Facility Loans.

  • The DDT Loans may be, from time to time, Base Rate Loans or Eurodollar Loans or a combination thereof.

  • The amount of the Unreinvested Net Proceeds required to be repaid under this Section 2.6(b)(ii) shall be applied first, to any Term Loan A Loans and DDT Loans then outstanding, on a pro rata basis, second, once the outstanding Term Loan A Loans and DDT Loans are paid in full, to any Revolving Loans then outstanding (without a reduction in the Revolving Loan Commitments) and third, once the outstanding Revolving Loans are paid in full, as a reduction of the DDTL Commitments.

  • Once repaid, DDT Loans under the DDTL Commitment may not be reborrowed.

  • The Borrower hereby promises to pay interest on the unpaid principal amount of the DDT Loans outstanding hereunder as provided in the Loan Agreement.

  • The DDT Loans may be, from time to time, Base Rate DDT Loans or Eurodollar Rate DDT Loans or a combination thereof.

  • The Borrowers hereby promise to pay, on a joint and several basis subject to Section 11.20 of the Loan Agreement, interest on the unpaid principal amount of the DDT Loans outstanding hereunder as provided in the Loan Agreement.

  • The Company hereby requests (select one): ¨ A Borrowing of the DDT Loan; or ¨ A conversion of the DDT Loan, or a continuation of Eurodollar Rate DDT Loans.

  • During the existence of an Event of Default, (x) no DDT Loans may be requested as, converted to or continued as Eurodollar Rate DDT Loans without the consent of the Required DDT Lenders and (y) no Incremental Term Loans may be requested as, converted to or continued as Eurodollar Rate Incremental Term Loans without the consent of the Required Incremental Term Loan Lenders.

Related to DDT Loans

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

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • 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.

  • Revolving Loans as defined in Section 2.4(a).

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

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

  • 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.

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

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

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

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • 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.

  • 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.

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

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • 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.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

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

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • 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).

  • 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.

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