Amendment Effective Date Term Loans Clause Samples

Amendment Effective Date Term Loans. Notwithstanding anything to the contrary in any of the Loan Documents, the outstanding principal amounts of the Effective Date Term Loans or the First Amendment Effective Date Term Loans and corresponding Obligations shall not be permitted to be prepaid, repaid, redeemed or paid prior to the fourth anniversary of the First Amendment Effective Date except in accordance with this Section 2.12(c)(i). If any Effective Date Term Loans or any First Amendment Effective Date Term Loans are prepaid (other than as a result of an event described in clause (b) of the definition of the term “Prepayment Event”), in addition to the principal amount of the Effective Date Term Loans or First Amendment Effective Date Term Loans and accrued interest, fees and other amounts owed thereon, such Effective Date Term Loans or First Amendment Effective Date Term Loans shall be accompanied by a premium equal to (i) if such prepayment is made prior to the first anniversary of the First Amendment Effective Date for any reason (such as an acceleration of the Effective Date Term Loans or the First Amendment Effective Date Term Loans and other corresponding Obligations following the occurrence of an Event of Default, an exercise of any Credit Party’s rights or remedies available under the Loan Documents, upon the consummation of a Change of Control, by any optional prepayment or termination or otherwise), then the amount (in addition to the principal amount of the Effective Date Term Loans or First Amendment Effective Date Term Loans and other corresponding Obligations (other than the Make-Whole Premium applicable to the Effective Date Term Loans and the First Amendment Effective Date Term Loans) and accrued interest, fees and other amounts owed thereon) required to be prepaid, repaid, redeemed or paid shall be the Make-Whole Premium applicable to the principal amount and interest on the Effective Date Term Loans or the First Amendment Effective Date Term Loans or other corresponding Obligations (other than the Make-Whole Premium applicable to the Effective Date Term Loans and the First Amendment Effective Date Term Loans) so prepaid, repaid, redeemed or paid, (ii) if such prepayment is made on or after the first anniversary of the First Amendment Effective Date but prior to the second anniversary of the First Amendment Effective Date for any reason (such as an acceleration of the Effective Date Term Loans or the First Amendment Effective Date Term Loans and other corresponding Obligatio...