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

  • 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.

  • The obligations of each DDTL Lender to make any Delayed Draw Term Loan requested by the Borrower on any Borrowing Date are also subject to receipt by the Administrative Agent on or before the applicable Borrowing Date of evidence from a Compliance Officer of the Borrower certifying as to and demonstrating pro forma compliance with (a) a Leverage Ratio not to exceed 5.00:1.00 and (b) all other financial covenants in Article VIII in each case before and after giving effect to such Delayed Draw Term Loan.

  • 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.


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 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 each Lender that provides Delayed Draw Term Loans.
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Related to DDTL Lender

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

  • 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.

  • 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.

  • 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 Company.

  • Incremental Lender has the meaning assigned to such term in Section 2.22(b).

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.