The Term B Loans. Subject to the terms and conditions set forth herein,
The Term B Loans. (i) Each Term B Lender severally agrees, subject to the terms and conditions hereinafter set forth, to make a term loan (each, a “Term B Loan”) to the Borrower on the Effective Date (and not thereafter) in an aggregate principal amount not to exceed the Term B Loan Amount of such Term B Lender; provided however that after giving effect to any Term B Loan, the aggregate principal amount of all outstanding Term B Loans shall not exceed the aggregate Term B Loan Amounts for all of the Term B Lenders. Within such limits, and subject to the other terms and conditions of this Agreement, the Borrower may borrow Term B Loans under this Section 2.01(a)(i); provided that amounts borrowed as Term B Loans which are repaid or prepaid may not be reborrowed.
The Term B Loans. (i) Each Dollar Term B Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make to the Company on the Acquisition Closing Date, a loan in a single draw denominated in Dollars in an aggregate amount not to exceed the amount of such Dollar Term B Lender’s Dollar Term B Commitment. Dollar Term B Loans may be Floating Rate Loans or Eurocurrency Loans, as further provided herein.
The Term B Loans. Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a single term loan to the Borrowers (each such term loan being referred to herein as a “Term B Loan”) on the Closing Date in an amount equal to its Term B Commitment; provided, however, that after giving effect to such funding of the Term B Loans by the Term B Lenders, Availability shall be greater than or equal to $0. Amounts borrowed under this Section 2.01(a)(ii) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein.
The Term B Loans. The Borrower shall repay to the Term B Lenders on the Stated Term B Maturity Date the aggregate principal amount of Term B Loans outstanding on such date (together with all accrued and unpaid interest thereon). In addition, on the last day of each Fiscal Quarter (or, in the case of the final principal installment to be repaid in Fiscal Year 2016, on the Stated Term B Maturity Date), commencing for the Fiscal Quarter beginning on July 1, 2010 (with the first such payment being due and payable on September 30, 2010), the Borrower shall repay, and there shall become due and payable, a quarterly principal installment on the Term B Loans in an amount equal to 0.25% of the Aggregate Outstanding Term B Loan Balance determined as of July 1, 2010; provided that the final principal installment in the amount of the then unpaid principal amount of the Term B Loans, together with all unpaid Obligations accrued in connection with such Term B Loans, shall be due on the Stated Term B Maturity Date.
The Term B Loans. (i) Subject to subsection (ii) below, the Term B Loans shall mature, and the outstanding principal amount thereof shall be due and payable in full (together with all accrued and unpaid interest thereon), on the Stated Term B Maturity Date. In addition, on the last day of each Fiscal Quarter (or, in the case of the final principal installment to be repaid in Fiscal Year 2012, on the Stated Term B Maturity Date), commencing on December 30, 2005, the Borrower shall repay, and there shall become due and payable, a quarterly principal installment on the Term B Loans in an amount equal to 0.25% of the sum of the Aggregate Outstanding Term B Loan Balance on December 30, 2005 (immediately prior to the installment payable on such date) plus the initial amount of each Incremental Term Loan; provided that the final principal installment in the amount of the then unpaid principal amount of the Term B Loans, together with all unpaid Obligations accrued in connection with such Term B Loans, shall be due on the Stated Term B Maturity Date.
The Term B Loans. Holdings shall repay to the Administrative Agent for the account of the Term B Lenders the aggregate principal amount of Term B Loans in quarterly installments on the last Business Day of each calendar quarter, commencing on September 30, 2003, in the applicable amounts set forth on Schedule 2.09 hereto (or as such Schedule may be amended pursuant to Section 2.01(c) hereof).
The Term B Loans. Subject to the terms and conditions set forth herein, each Term B Lender severally made a single loan to the Borrower on the Closing Date in an aggregate principal amount not exceeding such Term B Lender's Term B Commitment as it was in effect on the Closing Date.
The Term B Loans. Each Term B Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make to the Company on the Acquisition Closing Date, a loan in a single draw denominated in Dollars in an aggregate amount not to exceed the amount of such Term B Lender’s Term B Commitment. Amounts borrowed under this Section 2.1(c) and repaid or prepaid may not be reborrowed. Term B Loans may be Floating Rate Loans or Eurocurrency Loans, as further provided herein.
The Term B Loans. (i) The Lenders that have issued a Term B Loan Commitment, severally in accordance with their respective Term B Commitment Percentages and not jointly, upon the terms and subject to the conditions of this Agreement, agree to lend (or, pursuant to Section 2.1(d)(ii) hereof, elect to convert all or a portion of such Lender’s Existing Term Loans into a Term B Loan) to the Borrower on the Agreement Date an amount equal to the Term B Loan Commitment. After the Agreement Date, Advances under the Term B Loan Commitment may be continued or converted pursuant to a Notice of Conversion/Continuation as provided in Section 2.2 hereof; provided, however, there shall be no increase in the aggregate principal amount of the Term B Loans outstanding at any time after the Agreement Date. Amounts repaid under the Term B Loan Commitment may not be reborrowed.
