Common use of Amortization of Term Loans Clause in Contracts

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June 30, 2019) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%.

Appears in 3 contracts

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Holdings, Inc.), Intercreditor Agreement (Amc Entertainment Holdings, Inc.)

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Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June 30March 31, 20192014) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Closing Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 3 contracts

Samples: Collateral Agreement (Virtu Financial, Inc.), Credit Agreement (Virtu Financial, Inc.), Credit Agreement (Virtu Financial, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower Borrowers shall repay Term Loan Borrowings on the last Business Day day of each March, June, September and December (commencing on June 30December 31, 20192016) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day.

Appears in 3 contracts

Samples: First Lien Credit Agreement (New Whale Inc.), First Lien Credit Agreement (Endeavor Group Holdings, Inc.), First Lien Credit Agreement (Endeavor Group Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower or the Blocked Borrower (as applicable) shall repay Dollar Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June 30, 2019) with the second full fiscal quarter after the Closing Date in the principal amount of Dollar Term Loans equal to (iA) the aggregate outstanding principal amount of Dollar Term Loans immediately after the Effective funding thereof on the Closing Date multiplied by (iiB) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (Tronox LTD), Credit Agreement (Tronox LTD)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower Borrowers shall repay Term B-1 Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June September 30, 20192018) in the principal amount of Term B-1 Loans equal to (i) the aggregate outstanding principal amount of Term B-1 Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (Endeavor Group Holdings, Inc.), Credit Agreement (Endeavor Group Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay the Initial Term Loan Borrowings Loans on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June 30December 31, 20192016) in the an aggregate principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Initial Term Loans immediately after closing on the Restatement Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 2 contracts

Samples: Junior Lien Intercreditor Agreement (Virtu Financial, Inc.), Restatement Agreement (Virtu Financial, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June September 30, 20192020) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (First Advantage Corp), Credit Agreement (First Advantage Corp)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June 30December 31, 20192021) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (N-Able, Inc.), Credit Agreement (EverCommerce Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (cSection 2.11(a)(ii)(F) of this and Section 2.102.11(f), the Borrower shall repay Initial Term Loan Borrowings Loans on the last Business Day of each March, June, September and December (commencing on June 30with December 31, 20192012) in the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount of Initial Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (Blue Buffalo Pet Products, Inc.), Credit Agreement (Blue Buffalo Pet Products, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower Borrowers shall repay Term Loan Borrowings on the last Business Day day of each March, June, September and December (commencing on June September 30, 2019) 2014 in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day

Appears in 2 contracts

Samples: Intercreditor Agreement (Endeavor Group Holdings, Inc.), Intercreditor Agreement (Endeavor Group Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment adjustments pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay the Term Loan Borrowings Loans on the last Business Day of each March, June, September and December (commencing on June 30December 31, 20192015) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Closing Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: First Lien Amending Agreement (CPI Card Group Inc.), First Lien Credit Agreement (CPI Card Group Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (cSection 2.11(a)(ii)(F) of this and Section 2.102.11(f), the Borrower shall repay Initial Term Loan Borrowings Loans on the last Business Day of each March, June, September and December (commencing on June with September 30, 20192021) in the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount of Initial Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 2 contracts

Samples: Credit Agreement (Ww International, Inc.), Credit Agreement (Ww International, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June December 31June 30, 201920202021) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 1 contract

Samples: Credit Agreement (Cornerstone OnDemand Inc)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (cb) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day of each of March, June, June September and December (commencing on June 30December 31, 2019) in the principal amount of Term Loans equal to (iA) the aggregate outstanding principal amount of the Term Loans immediately after on the Effective Date multiplied by (iiB) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Sinclair Broadcast Group Inc)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (cSection 2.11(a)(ii)(F) of this and Section 2.102.11(f), the Borrower shall repay Initial Term Loan Borrowings Loans on the last Business Day of each March, June, September and December (commencing on June with September 30, 20192017) in the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount of Initial Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 1 contract

Samples: Collateral Agreement (Blue Buffalo Pet Products, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day of each MarchSeptember, JuneDecember, September March and December June (commencing on June September 30, 20192014) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%.

Appears in 1 contract

Samples: Credit Agreement (Interactive Data Holdings Corp)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Borrowings of Initial Term Loan Borrowings Loans on the last Business Day day of each March, June, September and December (commencing on June 30March 31, 20192022) in an amount equal to 0.25% of the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount as of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%Date; provided that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business Day.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Installed Building Products, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower Borrowers shall repay Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June September 30, 20192024) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower Borrowers shall repay Term Loan Borrowings on the last Business Day Friday of each MarchFebruary, JuneMay, September August and December November (commencing on June 30November 24, 20192017) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.252.50%; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Intercreditor Agreement (SMART Global Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Borrowings of Term Loan Borrowings Loans on the last Business Day day of each March, June, September and December (commencing on June September 30, 20192016) in the principal amount of Term Loans equal to (i) 0.25% of the original aggregate outstanding principal amount of the Term Loans outstanding on the First Amendment Effective Date; provided that if any such date is not a Business Day, such payment shall be due on the immediately after the Effective Date multiplied by (ii) 0.25%preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Builders FirstSource, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June September 30, 20192011) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Rural/Metro Corp /De/)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June September 30, 20192010) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Interactive Data Corp/Ma/)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last day of each November, February, May and August in an amount equal to 0.25% of the sum of the aggregate principal amount of the Initial Term Loans outstanding on the Effective Date (commencing on the last Business Day of each March, June, September and December (commencing on June 30, 2019) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately second full fiscal quarter ended after the Effective Date multiplied by (ii) 0.25%Date); provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (E2open Parent Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (cSection 2.11(a)(ii)(F) of this and Section 2.102.11(f), the Borrower shall repay Initial Term Loan Borrowings Loans on the last Business Day of each March, June, September and December (commencing on June with March 30, 20192018) in the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount of Initial Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.251.25%.

Appears in 1 contract

Samples: Equal Priority Intercreditor Agreement (Weight Watchers International Inc)

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Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June 30December 31, 20192013) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after set forth next to such month on Schedule 2.10; provided that if any such date is not a Business Day, such payment shall be due on the Effective Date multiplied by (ii) 0.25%next preceding Business Day.

Appears in 1 contract

Samples: Intercreditor Agreement (Endurance International Group Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day business day of each March, June, September and December (December, commencing on June September 30, 2019) 2006, in an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after on the Effective Date multiplied by (ii) 0.25%Date.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower The Company shall repay the principal of the Term Loan Borrowings Loans on the last Business Day day of each Marchcalendar quarter, Junecommencing January 1, September and December 2015 (commencing or, if the last day of any such quarter shall not be a Business Day, then on June 30the next succeeding Business Day), 2019) in an amount for each such payment equal to 0.25% of the aggregate principal amount of the Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after made on the Effective Date multiplied by (ii) 0.25%Date. To the extent not previously paid, all Term Loans, plus accrued interest, shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (B/E Aerospace Inc)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings with respect to Term Loans on the last Business Day day of each March, June, September and December (commencing on June 30December 31, 20192014) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after made on the Effective Closing Date multiplied by (ii) 0.251.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Victory Capital Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each March, June, September and December in an amount equal to 0.25% of the sum of the aggregate principal amount of the Initial Term Loans outstanding on the Effective Date (commencing on June 30March 31, 2019) in 2022); provided that if any such date is not a Business Day, such payment shall be due on the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Tenable Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each March, June, September and December (commencing on June 30March 31, 20192017) in the a principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after made on the Effective Date multiplied by (ii) 0.250.250%; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Camping World Holdings, Inc.)

Amortization of Term Loans. (a) SECTION 2.10 Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay repay(a) Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June 30, 2019) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%.- 81-

Appears in 1 contract

Samples: Credit Agreement (N-Able, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Borrowings of InitialTranche B-1 Term Loan Borrowings Loans on the last Business Day day of each March, June, September and December (commencing on June March 31, 2022September 30, 20192023) in an amount equal to 0.25% of the principal amount of InitialTranche B-1 Term Loans equal to (i) as of the aggregate outstanding principal amount of Term Loans Amendment No. 2 Effective Date; provided that if any such date is not a Business Day, such payment shall be due on the immediately after the Effective Date multiplied by (ii) 0.25%preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Installed Building Products, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the The Borrower shall repay Initial Term Loan Borrowings on the last Business Day of each March, June, September and December (commencing on June 30December 31, 2019) in the principal amount of Initial Term Loans equal to one quarter of one percent (i0.25%) of the aggregate outstanding original principal amount of such Initial Term Loans immediately after made on the Effective Date multiplied by (ii) 0.25%.Date, as adjusted from time to time pursuant to Section 2.11(f). The Borrower shall repay 2020 Incremental Term Loan Borrowings on the last Business Day of each

Appears in 1 contract

Samples: Credit Agreement and Incremental Facility Agreement (GoHealth, Inc.)

Amortization of Term Loans. (a1) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Borrowings of Initial Term Loan Borrowings Loans on the last Business Day day of each March, June, September and December (commencing on June 30March 31, 20192022) in an amount equal to 0.25% of the principal amount of Initial Term Loans equal to (i) the aggregate outstanding principal amount as of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%Date; provided that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business Day.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Installed Building Products, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June 30March 31, 20192013) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Second Amendment Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Endurance International Group Holdings, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Borrowings of Term Loan Borrowings Loans on the last Business Day day of each March, June, September and December (commencing on June September 30, 20192016) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%.to

Appears in 1 contract

Samples: Credit Agreement (Builders FirstSource, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each March, June, September and December (commencing on June 30December 31, 20192018) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit Agreement (European Wax Center, Inc.)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10Section, the Borrower shall repay Term Loan Borrowings on the last Business Day day of each MarchSeptember, JuneDecember, September March and December June (commencing on June 30, 2019with the last day of the first full fiscal quarter following the Effective Date) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Appears in 1 contract

Samples: Credit Agreement (Sra International Inc)

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the The Borrower shall repay Initial Term Loan Borrowings on the last Business Day of each March, June, September and December (December, commencing on June 30March 31, 2019) 2017 and ending with the last such Business Day to occur prior to the Term Maturity Date, in an aggregate principal amount for each such date equal to the percentage set forth below opposite the applicable date of the aggregate principal amount of the Initial Term Loans equal Loan Borrowings outstanding on the Closing Date (as such amount shall be adjusted pursuant to paragraph (ic) the aggregate outstanding principal amount of Term Loans immediately after the Effective Date multiplied by (ii) 0.25%this Section 2.11).

Appears in 1 contract

Samples: Credit Agreement (NICE Ltd.)

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