Amortization of Term Loan Borrowings Sample Clauses

Amortization of Term Loan Borrowings. No amortization shall be required prior to the Term Loan Maturity Date. To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.

Amortization of Term Loan Borrowings. The Borrower shall pay to the Administrative Agent, for the ratable account of the Term Loan Lenders, on the last Business Day of each March, June, September and December, commencing on the last Business Day of December, 2018 (each such date, a “Term Loan Repayment Date”), an amount equal to (i) 0.25% in respect of principal of the Term Loans made on the Closing Date and (ii) 0.2512562814% in respect of principal of the 2018 Incremental Term Loans made on the First Incremental Amendment Date, in each case, as adjusted from time to time pursuant to Section 2.10(h), as reduced by the principal amount of Loans contributed or assigned to Holdings or any of its Restricted Subsidiaries pursuant to Section 10.04(b)(vi) or (viii), and as adjusted in connection with the making of any further Incremental Term Loans pursuant to Section 2.20 hereof, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term Loans made on the Closing Date and all 2018 Incremental Term Loans made on the First Incremental Amendment Date shall be due and payable by the Borrower on the Term Loan Maturity Date.” (f) Section 3.11 of the Credit Agreement is hereby amended by adding the following sentence at the end thereof: “For the avoidance of doubt, the Borrower will (or will direct a Credit Party to) use the proceeds of the 2018 Incremental Term Loans made on the First Incremental Amendment Date, to (i) finance the acquisition by the Borrower of the 2018 Target (the “2018 Acquisition”), pursuant to the 2018 Acquisition Agreement, (ii) to repay a portion of the outstanding loans under the Existing Credit Agreement (as defined below), (iii) pay fees, costs and expenses incurred in connection with the First Incremental Amendment and the transactions contemplated thereby, and (iv) finance working capital and general corporate purposes.” (g) The Credit Agreement is hereby amended by inserting as part of Annex A thereto Schedule 2.01(a) attached hereto.

Amortization of Term Loan Borrowings. The Borrower shall pay to the Administrative Agent, for the ratable account of the Term Loan Lenders, on the last Business Day of each March, June, September and December, commencing with the last Business Day of September 2018 (each such date, a “Term Loan Repayment Date”), an amount equal to one quarter of one percent (0.25%) of the original principal amount of such Term Loans made on the Closing Date, as adjusted from time to time pursuant to Section 2.10(h), as reduced by the principal amount of Loans contributed or assigned to Holdings or any of its Restricted Subsidiaries pursuant to Section 10.04(b)(vi) or (viii), and as adjusted in connection with the making of any Incremental Term Loans pursuant to Section 2.20 hereof, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term Loans made on the Closing Date shall be due and payable by the Borrower on the Term Loan Maturity Date.

Amortization of Term Loan Borrowings. (a) The Borrower shall pay to the Administrative Agent, for the account of the Term B-1 Lenders, on the last Business Day of each February, May, August and November, commencing with the second full fiscal quarter following the Closing Date, (each such date, a “Term B-1 Loan Repayment Date”), an amount equal to 0.25% of Term B-1 Loans Borrowed on the Closing Date, as adjusted from time to time pursuant to Section 2.10(j), together, in each case, with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term B-1 Loans made on the Closing Date shall be due and payable on the Term Loan Maturity Date. (b) The Borrower shall pay to the Administrative Agent, for the account of the Term B-2 Lenders, on the last Business Day of each February, May, August and November, commencing with the second full fiscal quarter following the Closing Date, (each such date, a “Term B-2 Loan Repayment Date”), an amount equal to 0.25% of Term B-2 Loans Borrowed on the Closing Date, as adjusted from time to time pursuant to Section 2.10(j), together, in each case, with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term B-2 Loans made on the Closing Date shall be due and payable on the Term Loan Maturity Date.

Amortization of Term Loan Borrowings. (a) The Co-Borrowers shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex I, or if any such date is not a Business Day, on the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Initial Term Loans equal to the amount set forth on Annex I for such date (as adjusted from time to time pursuant to Section 2.10(g)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. Notwithstanding anything to the contrary contained herein or in any other Loan Document, all outstanding Initial Term Loans shall be deemed to constitute Term Loans of the same Class and shall all amortize as set forth on Annex I. (b) The principal amount of Incremental Term Loans and Other Term Loans shall be repaid by the applicable Co-Borrowers as provided in the applicable Increase Joinder or Refinancing Amendment, as the case may be, in each case subject to the requirements of this Agreement. (c) To the extent not previously paid, all Term Loans shall be due and payable on the Maturity Date of such Term Loans.

Amortization of Term Loan Borrowings. (a) U.S. Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex II, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the U.S. Term Loans equal to the amount set forth on Annex II for such date (as adjusted from time to time pursuant to Section 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. Canadian Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each Term Loan Repayment Date, a principal amount of the Canadian Term Loans equal to the amount set forth on Annex II for such date (as adjusted from time to time pursuant to Section 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. (b) Notwithstanding the foregoing provisions of this Section 2.09, if any scheduled repayment of Canadian Term Loans required under this Section 2.09 (together with the aggregate amount of all prior (x) prepayments of Canadian Term Loans made pursuant to Section 2.10(d), (e) and (g), and Section 2.10(c) (to the extent arising from an Asset Sale of the type described in clause (b) of the definition thereof), and (y) scheduled repayments of Canadian Term Loans made pursuant to this Section 2.09) would result in more than 25.0% of the original outstanding principal amount of the Canadian Term Loans borrowed on any date being repaid on or before the applicable 525 Catch-Up Date, then, solely to the extent necessary to avoid such repayment within such time period, such repayment amount (a “525 Amortization Amount”) shall be applied first, to the prepayment of the U.S. Term Loans in accordance with clauses (iii) through (vi) of Section 2.10(h) and second, if no U.S. Term Loans are then outstanding, deposited in the 525 Collateral Account and applied in accordance with Section 2.10(j) on the first day following the 525 Catch-Up Date. The term “525 Collateral Account” shall mean a cash collateral account established with a financial institution reasonably satisfactory to the Administrative Agent (which shall not be a Lender or an Affiliate of a Lender) on terms and conditions (and subject to a Control Agreement) reasonably satisfactory to the Administrative Agent and will be subject to a First Priority security in...

Amortization of Term Loan Borrowings. (a) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex I, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Term Loans equal to the amount set forth on Annex I for such date (as adjusted from time to time pursuant to Section 2.10(g)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Maturity Date of such Term Loans.

Amortization of Term Loan Borrowings. (a) The Co-Borrowers shall pay to the Administrative Agent, for the account of the Lenders holding Initial Term Loans, on the dates set forth on Annex I, or if any such date is not a Business Day, on the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such amount shall be payable on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Initial Term Loans equal to the amount set forth on Annex I for such date (as adjusted from time to time pursuant to Section 2.10(g)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. Notwithstanding anything to the contrary contained herein or in any other Loan Document, all outstanding Initial Term Loans shall be deemed to constitute Term Loans of the same Class and shall all amortize as set forth on Annex I.

Amortization of Term Loan Borrowings. (a) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex I, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Term Loans equal to the amount set forth on Annex I for such date (as adjusted from time to time pursuant to Section 2.10(g)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. Notwithstanding anything to the contrary contained herein or in any other Loan Document, all outstanding Term Loans shall be deemed to constitute Term Loans of the same Class and shall all amortize as set forth on Annex I. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Maturity Date of such Term Loans.

Amortization of Term Loan Borrowings. The Borrowers shall on a joint and several basis pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and December, commencing with the fiscal quarter in which the First Amendment Effective Date occurs (each such date, a “Term Loan Repayment Date”), an amount equal to one percent (1%) per annum of the original principal amount of such Term Loans made (or deemed made) on the First Amendment Effective Date, as adjusted from time to time pursuant to Section 2.10(h) and in connection with any Incremental Term Loans made pursuant to Section 2.20 hereof, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term Loans made (or deemed made) on the First Amendment Effective Date shall be due and payable by the Borrowers (on a joint and several basis) on the Term Loan Maturity Date.