DDTL Commitment definition
DDTL Commitment means, in the case of each DDTL Lender as of the date hereof, the amount set forth opposite such DDTL Lender’s name on Schedule 1.01 under the heading “DDTL Commitment”, as the same may be changed from time to time pursuant to the terms hereof.
DDTL Commitment means, with respect to each DDT Lender, the obligation of such DDT Lender to make a DDT Loan hereunder, in a principal amount not exceeding the amount set forth with respect to such Lender on Schedule 2.06. The aggregate principal amount of all DDT Lenders’ DDTL Commitments is $800,000,000 as of the Closing Date. The DDTL Commitments shall automatically terminate upon the funding of the DDT Loans on the DDTL Funding Date.
DDTL Commitment means the DDTL A Commitment or DDTL B Commitment.
Examples of DDTL Commitment in a sentence
The DDTL Commitments will automatically and permanently terminate upon the earlier of (x) the funding of the DDTL Loan during the DDTL Commitment Period (even if the entire amount of the DDTL Commitments are not funded on such date) and (y) the DDTL Commitment Termination Date.
Subject to the terms and conditions hereof, each DDTL ▇▇▇▇▇▇ severally agrees to make, at any time prior to the DDTL Commitment Termination Date, one DDTL Loan to the Borrowers in an aggregate principal amount of up to $25,000,000 for all such DDTL Lenders.
More Definitions of DDTL Commitment
DDTL Commitment means, with respect to each Lender, the commitment of such Lender to make Delayed Draw Term Loans hereunder. The aggregate amount of the DDTL Commitments as of the Closing Date is $100,000,000.
DDTL Commitment means, with respect to each applicable 2025-27 TL Lender, the commitment of such applicable 2025-27 TL Lender to make DDTL Advances hereunder. The amount of each 2025-27 TL Lender’s DDTL Commitment as of the Closing Date is set forth on Schedule IB. The aggregate amount of the DDTL Commitments as of the Closing Date is €250,000,000.
DDTL Commitment means the individual commitment of each such Lender.
DDTL Commitment means, as to each DDTL Lender, its obligation to make Delayed Draw Term Loans to the Company pursuant to Section 2.1.2, prior to the DDTL Expiration Date, in an original aggregate principal amount not to exceed the amount set forth opposite such DDTL Lender’s name on Schedule 2.1 under the caption “DDTL Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such DDTL Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. DDTL Commitment Amount means $750,000,000, as such amount may be changed from time to time pursuant to the terms hereof. DDTL Expiration Date means the earliest date to occur of (i) the one-year anniversary of the Effective Date, (ii) the date on which the DDTL Commitments have been voluntarily terminated in full by the Company pursuant to Section 6.1.2(a) and (iii) the date on which the aggregate DDTL Commitments for all DDTL Lenders shall have been fully funded in accordance with this Agreement.
DDTL Commitment each (i) Initial DDTL Commitment as such amount may be adjusted as permitted by this Agreement or (ii) Incremental DDTL Commitment.
DDTL Commitment means, with respect to each Lender, the obligation of such Lender to make a DDT Loan hereunder, in a principal amount not exceeding the amount set forth with respect to such Lender on Schedule II. The aggregate principal amount of all Lenders’ DDTL Commitments is
DDTL Commitment means on any date during the DDTL Draw Period, the commitment of the Lender to make Loans in an aggregate amount not to exceed the Lender’s DDTL Commitment set forth on Schedule 2.01, as such commitment may be reduced or increased from time to time pursuant to Section 9.04 or reduced from time to time pursuant to Section 2.09 or otherwise pursuant to this Agreement. As of the Closing Date, the initial amount of the Lender’s DDTL Commitment is $20,000,000. The amount of the Lender’s DDTL Commitment shall be reduced by the aggregate principal amount of Loans funded by the Lender.