Additional Term Loan Facility. Each Lender severally agrees, on the terms and conditions of this Agreement, to make a loan (collectively, the "ADDITIONAL TERM LOANS") to the Borrower in Dollars during the Additional Term Loan Availability Period in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of the Additional Term Loan Commitment of such Lender as in effect from time to time; provided that: (i) there shall be no more than one borrowing of Additional Term Loans; and (ii) in no event shall the aggregate principal amount of all Additional Term Loans at any one time outstanding exceed the aggregate amount of the Additional Term Loan Commitments as in effect from time to time. Amounts prepaid or repaid in respect of the Additional Term Loans may not be reborrowed.
Additional Term Loan Facility. (i) The Additional Term Loan Facility (A) shall rank pari passu in right of payment with the Revolving Loans and the Term Loan, (B) shall not mature earlier than the last day of the Commitment Period (but may have amortization prior to such date), and (C) shall be treated substantially the same as (and in any event no more favorably than) the Revolving Loans and the Term Loan, including, without limitation, similar interest rates for such Additional Term Loan Facility and amortization consistent with that in effect for the remainder of the Term Loan.
Additional Term Loan Facility. (i) The Additional Term Loan Facility (A) shall rank pari passu in right of payment with the Revolving Loans, (B) shall be fully secured on a pari passu basis with the Revolving Loans, (C) shall not mature earlier than the last day of the Commitment Period (but may have amortization prior to such date), (D) shall be treated substantially the same as (and in any event no more favorably than) the Revolving Loans, including, without limitation, with respect to covenants, representations and warranties, events of default and other applicable terms and conditions, and (E) shall be subject to interest rates as determined by the Administrative Agent at the time of the exercise of such Additional Term Loan Facility and shall contain market terms and provisions subject to good faith negotiations between the Administrative Agent and the Borrower.
Additional Term Loan Facility. (i) An Additional Term Loan Facility (A) shall rank pari passu in right of payment with the Revolving Loans and the Term Loan, (B) shall be fully secured on a pari passu basis with the Revolving Loans and the Term Loan, (C) shall not mature earlier than the Term Loan (but may have amortization prior to such date), (D) shall not have a weighted average life and maturity date shorter than that of the Term Loan, (E) shall be treated substantially the same as (and in any event no more favorably than) the Term Loan, including, without limitation, with respect to covenants, representations and warranties, events of default and other applicable terms and conditions, and (F) shall be subject to interest rates as determined by the Administrative Agent at the time of the exercise of such Additional Term Loan Facility and acceptable to all Lenders participating therein; provided that in the event the interest with respect to such Additional Term Loan Facility is greater than the then-current interest rates applicable to the Term Loan by fifty (50.00) basis points or more, then the interest for the Term Loan shall be increased to the extent necessary such that the interest on the Term Loan is fifty (50.00) basis points below such Additional Term Loan Facility.
Additional Term Loan Facility. (i) Each Additional Term Loan Facility (i) shall rank pari passu in right of payment with the Revolving Loans and, the Term Loan and the DDTL Loans, (ii) shall not mature earlier than the last day of the Commitment PeriodTerm Loan (but may have amortization prior to such date), and (iii) shall be treated substantially the same as (and in any event no more favorably than) the Revolving Loan andLoans, the Term Loan and the DDTL Loans. (ii) An Additional Term Loan Facility may be added hereunder pursuant to an amendment or restatement (an “Additional Term Loan Facility Amendment”) of this Agreement and, as appropriate, the other Loan Documents, executed by the Borrowers, as appropriate, each Lender providing a commitment with respect to such Additional Term Loan Facility, each Additional Lender providing a commitment with respect to such Additional Term Loan Facility, and the Administrative Agent. Notwithstanding anything herein to the contrary, an Additional Term Loan Facility Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.10(b) and (c) (including, without limitation, amendments to the definitions in this Agreement and Section 9.8 hereof for the purpose of treating such Additional Term Loan Facility pari passu with the other Loans). Section 2.11.
Additional Term Loan Facility. (i) The Additional Term Loan Facility (A) shall rank pari passu in right of payment with the Revolving Loans, (B) shall not mature earlier than the last day of the Commitment Period (but may have amortization prior to such date), (C) shall be treated substantially the same as (and in any event no more favorably than) the Revolving Loans, including, without limitation, similar interest rates for such Additional Term Loan Facility, and (D) shall be subject to customary additional term loan provisions to be mutually agreed upon by the Borrowers, the Administrative Agent, and the Lenders providing such Additional Term Loan Facility.
Additional Term Loan Facility. (i) The loans under any Additional Term Loan Facility (A) shall rank pari passu in right of payment with the other loans made hereunder, shall be secured on a pari passu basis by the same collateral securing the other loans made hereunder and shall be guaranteed by each Guarantor of Payment, (B) shall not mature earlier than the Term Loan Maturity Date (but, subject to clause (D) below, may have amortization prior to such date), (C) except in the case of matters not prohibited by clauses (B), (D) and (E), shall be treated substantially the same as (and in any event no more favorably than) the Term Loan except with respect to any terms applicable thereto that are otherwise reasonably satisfactory to the Administrative Agent, (D) shall have a weighted average life to maturity no shorter than the remaining weighted average life to maturity of any other term loans provided for hereunder and (E) shall have such interest rate and original issue discount as may be agreed by the Borrower and the providers of the Additional Term Loan Facility; provided if the initial Yield on such loans exceeds the Yield applicable to the Term Loan at such time by more than 50 basis points (the amount of such excess above 50 basis points being referred to herein as the “Yield Differential”), then the Applicable Margin then in effect for the Term Loan shall automatically be increased by the Yield Differential, effective upon the making of such loans under the Additional Term Loan Facility; provided that if such increase is required due to the application of a higher interest rate floor on such Additional Term Facility, such increase shall be effected solely by establishing or increasing, as applicable, an interest rate floor with respect to the Term Loan. Notwithstanding anything to the contrary contained herein, such amendment shall become effective without any further consent of any other party to the Loan Documents. For purposes of this Section 2.10(c), “
Additional Term Loan Facility. 1. Additional Term Loans outstanding prior to the repayment referred to herein: $__________
Additional Term Loan Facility. 1. Status Information for the Additional Term Loan Facility
Additional Term Loan Facility
