DDTL Lender definition

DDTL Lender means any Lender with a DDTL Commitment or an outstanding DDTL.
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DDTL Lender means each Lender having a DDTL Commitment or who has funded or purchased all or a portion of a Delayed Draw Term Loan in accordance with the terms hereof.
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DDTL Lender means, as of any date of determination, a Lender with a DDTL Commitment or, if the DDTL Commitments have terminated or expired, a Lender with Delayed Draw Term Loans.
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Examples of DDTL Lender in a sentence

  • Any outstanding DDTL Commitments of each DDTL Lender shall automatically terminate on the DDTL Commitment Expiration Date.

  • The failure of any DDTL Lender to perform its obligations hereunder shall not affect the Obligations of the Borrower to any other party nor shall any other party be liable for the failure of such DDTL Lender to perform its obligations hereunder.

  • Upon the effectiveness of any Borrowing of DDTL, the DDTL Commitments of each DDTL Lender shall be automatically reduced by the aggregate principal amount of DDTL made by such DDTL Lender pursuant to such Borrowing.

  • Each DDTL Lender shall be obligated to participate in each request for Delayed Draw Term Loans pursuant to this Section 2.3 in accordance with its Pro Rata Share.

  • Holdings shall not, nor shall Holdings permit any Borrower or Restricted Subsidiary to, amend, waive or otherwise modify any economic terms or provisions under the Senior Secured Convertible Notes Documents which directly and adversely affects the Incremental DDTL Lenders in any material respect without the written consent of each Incremental DDTL Lender directly and adversely affected thereby.

  • The DDTL Commitment of each DDTL Lender shall be reduced by the aggregate amount of Delayed Draw Term Loans funded by such DDTL Lender.

  • Subject to and upon the terms and conditions set forth herein and in reliance upon the representation and warranties of the Loan Parties contained herein, each DDTL Lender agrees, severally and not jointly, to make in Dollars a loan or loans (each, a “DDTL”) from time to time after the Closing Date until the DDTL Commitment Expiration Date on not more than five (5) occasions, in an aggregate principal amount not to exceed its DDTL Commitment.

  • The Administrative Agent shall promptly notify each DDTL Lender of the date of each such reduction and such DDTL Lender’s proportionate share thereof.

  • Xx Title: Senior Vice President TRUIST BANK, as DDTL Lender By: /s/ Xxxxxx X.

  • Upon the funding of a New DDTL, the New DDTL Committed Amount of each New DDTL Lender shall be permanently reduced by the principal amount of such New DDTL Lender’s New DDTL.


More Definitions of DDTL Lender

DDTL Lender means each Lender with a DDTL Commitment or who otherwise holds DDTLs.
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DDTL Lender each Lender that provides Delayed Draw Term Loans.
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DDTL Lender means a Lender with a percentage of the DDTL Commitment as set forth on Schedule 1 hereto, or that acquires a percentage of the DDTL Commitment pursuant to Section 2.10(b) or 11.9 hereof. “DDTL Loan” means a DDTL Draw Loan or the DDTL Term Loan. “DDTL Maximum Draw Amount” means Fifty Million Dollars ($50,000,000), as such amount may be decreased pursuant to Section 2.10(a) hereof. “DDTL Note” means a DDTL Note, in the form of the attached Exhibit J, executed and delivered pursuant to Section 2.5(d) hereof. 20
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DDTL Lender means, at any time, any Lender that has a DDTL Commitment or holds Delayed Draw Loans.
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DDTL Lender means the Persons listed on Schedule 2.1 holding a DDTL Contingent Commitment or Delayed Draw Term Loans and any other Person that shall have become party hereto holding Delayed Draw Term Loans pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto holding Delayed Draw Term Loans pursuant to an Assignment and Assumption.
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Related to DDTL Lender

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • L/C Lender a Lender with an L/C Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • DIP Lender means a lender under the DIP Facility.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • New Revolving Lender as defined in Section 2.24.

  • Exiting Lender see Section 2.17.7.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.