DDTL Availability Period definition

DDTL Availability Period means the period from and including December 6, 2023 and the earlier of (a) May 14, 2024 and (b) the date on which the Delayed Draw Term Commitments have been terminated.
Sample 1Sample 2
DDTL Availability Period means the period from and including the Closing Date to, and including, the DDTL Commitment Termination Date.
Sample 1
DDTL Availability Period means each of the First DDTL Availability Period and the Second Availability Period, and “DDTL Availability Period” means both of them, collectively.
Sample 1

Examples of DDTL Availability Period in a sentence

  • The DDTL Commitment of each Lender shall be automatically and permanently reduced upon the funding of any Delayed Draw Term Loan by such Lender by the amount of such Delayed Draw Term Loan, and, if not previously funded, shall terminate in full on the last day of the DDTL Availability Period.


More Definitions of DDTL Availability Period

DDTL Availability Period means the period beginning on the date the Final Order is entered and ending on the earliest to occur of (i) September 30, 2022, (ii) the Maturity Date with respect to the Delayed Draw Term Loans, and (iii) the DDTL Borrowing Date upon which the aggregate maximum amount of the DDTL Facility shall have been funded (after giving effect to the Borrowing on such DDTL Borrowing Date).
Sample 1
DDTL Availability Period means, with respect to the applicable DDTL Commitments, the period from and including the Effective Date to but excluding the six-month anniversary of the Effective Date; provided that no later than 30 days prior to the end of the DDTL Availability Period the Borrower at its option may extend the DDTL Availability Period up to the nine-month or twelve-month anniversary of the Effective Date upon payment of the applicable fees related to such extension as set forth in the Fee Letter.
Sample 1

Related to DDTL Availability Period

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Available Commitment means a Lender’s Commitment minus: