Facility B Term Loans. The principal amount of each Facility B Term Loan shall be repayable in full in equal quarterly installments on each Quarterly Payment Date (subject to reduction of such installments as provided in Section 2.06(e)), commencing with the first such date following the Facility B Termination Date on which the Facility B Revolver Loan is converted to a Facility B Term Loan (whether pursuant to Section 2.19 or this Section 2.20), with the final installment due and payable on the Facility B Term Maturity Date, unless such Facility B Term Loan shall sooner become due and payable pursuant to Section 9.02 or as otherwise provided in this Agreement. Facility B Term Loans shall be either Eurodollar Rate Loans or Floating Rate Loans, with interest accruing and being paid in the same manner as Facility B Revolver Loans, and with the Facility B Term Loans to be designated as, continued as, or converted into Eurodollar Rate Loans in the same manner as Facility B Revolver Loans could be designated as, continued as, or converted into Eurodollar Rate Loans or Floating Rate Loans as provided in Section 2.10. In the event of any conversion of Facility B Revolver Loans to Facility B Term Loans, the Facility B Term Note payable to and held by the Administrative Agent shall thereafter evidence such Facility B Term Loans, except that any Facility B Term Note payable to and held by any Facility B Term Lender shall thereafter evidence the Facility B Term Loans held by such Facility B Term Lender hereunder.
Facility B Term Loans. Each Facility B Term Loan Lender severally agrees, on the terms and conditions of this Agreement, to make term loans to the Company in Dollars during the period from and including the Effective Date to but not including the Facility B Term Loan Commitment Termination Date in an aggregate principal amount up to but not exceeding the then unused amount of the Facility B Term Loan Commitment of such Lender. Subject to the terms and conditions of this Agreement (including, without limitation, paragraph (e) below), the Company may Convert Facility B Term Loans of one Type into Facility B Term Loans of another Type (as provided in Section 2.08 hereof) or Continue Eurodollar Loans from one Interest Period to the next Interest Period (as provided in Section 2.08 hereof). Facility B Term Loans borrowed and repaid prior to the Facility B Term Loan Commitment Termination Date may not be reborrowed. Proceeds of Facility B Term Loans hereunder shall be available for any use permitted under Section 8.16 hereof.
Facility B Term Loans. Upon the conversion of any Facility B Revolver Loans to Facility B Term Loans as provided in Section 2.19(a) or 2.19(b), such Facility B Term Loans shall be governed by the provisions of Section 2.20(c).
Facility B Term Loans. The Borrower shall repay to the Banks in full on the Term Loan Maturity Date the aggregate principal amount of Facility B Term Loans outstanding on such date together with all accrued and unpaid interest thereon.
Facility B Term Loans. The Borrower hereby promises to pay to the Administrative Agent for account of the Facility B Lenders the principal of the Facility B Term Loans in fourteen installments payable on the Principal Payment Dates as follows (each such payment to be applied ratably to each Sub- Series of such Loans): Credit Agreement Principal Payment Date Falling on or Nearest to: Amount of Installment ($) ------------------------- ------------------------- July 31, 1998 2,500,000 October 31, 1998 2,500,000 January 31, 1999 3,750,000 April 30, 1999 3,750,000 July 31, 1999 3,750,000 October 31, 1999 3,750,000 January 31, 2000 4,375,000 April 30, 2000 4,375,000 July 31, 2000 4,375,000 October 31, 2000 4,375,000 January 31, 2001 5,625,000 April 30, 2001 5,625,000 July 31, 2001 5,625,000 October 31, 2001 5,625,000 If on the close of business on the Term Loan Commitment Termination Date the aggregate outstanding principal amount of the Facility B Term Loans shall be less than the aggregate original principal amount of the Facility B Term Loan Commitments, the shortfall shall be applied to reduce the foregoing installments ratably.
Facility B Term Loans. Each Facility B Lender severally --------------------- agrees, on the terms and conditions of this Agreement, to make two term loans to the Borrower in Dollars during the period from and including the Closing Date to and including the Facility B Term Loan Commitment Termination Date in an aggregate principal amount up to but not exceeding the amount of the Facility B Term Loan Commitment of such Lender (such Loans being herein called the "Facility B Term Loans"). Notwithstanding the foregoing, on or prior to the --------------------- Syndication Completion Date the Borrower shall borrow the maximum amount of the Facility B Term Loans that it is permitted to incur under the Senior Notes Indentures without regard to the provisions of Section 4.03(b) thereof (less $1,000,000), and to the extent the Borrower shall borrow less than the full amount of the Facility B Term Loan Commitments the remainder shall be available to be drawn, in one or more borrowings, at any time on or prior to May 15, 1998. Notwithstanding anything herein to the contrary, no Facility B Term Loan shall be made until the full amount of the Facility C Term Loan Commitments shall have been used.
Facility B Term Loans. Each Facility B Term Loan Lender --------------------- severally agrees, on the terms and conditions of this Agreement, to make a term loan to the Borrower in Dollars on the Closing Date in an aggregate principal amount up to but not exceeding the amount of the Facility B Term Loan Commitment of such Lender (such Loans being herein called the "Facility B Term Loans"). ---------------------
Facility B Term Loans. (i) Subject to the terms and conditions hereof, each Lender having a Facility B Term Commitment severally agrees to make a term loan (a "Facility B Term Loan") to the Borrower on the Closing Date in a principal amount equal to the amount of the Facility B Term Commitment of such Lender. Any Facility B Term Loan repaid or prepaid may not be reborrowed.
Facility B Term Loans. (1) Subject to the terms and conditions hereof and provided there exists no Default or Event of Default, each Bank severally agrees to make on the Closing Date loans (each a "Facility B Term Loan" and collectively the "Facility B Term Loans"), as requested by Borrower in accordance with the provisions of Section 2.3 hereof, to Borrower in an aggregate amount of Five Million and No 100 Dollars ($5,000,000.00). The Facility B Term Loans made by each Bank shall be evidenced by a promissory note, substantially in the form of Exhibit C-2 attached hereto, payable to such Bank in the principal face amount of such Bank's Loan Percentage of the Facility B Term Loans (together with any and all amendments, modifications and supplements thereto, and any renewals, replacements or extensions thereof (including, but not limited to, pursuant to Sections 13.4 and 13.4(e) hereof), in whole or in part, individually a "Facility B Term Note" and collectively the "Facility B Term Notes"). Facility B Term Loans, once borrowed and repaid, may not be reborrowed.
Facility B Term Loans. Each Facility B Lender severally agrees, on the terms and conditions of this Agree- ment, to make a term loan to the Company in Dollars on the Closing Date (provided that the same shall occur no later than the Term Loan Commitment Termination Date) in an aggregate principal amount up to but not exceeding the amount of the Fa- cility B Term Loan Commitment of such Lender. Thereafter the Company may Convert Facility B Term Loans of one Type into Fa- cility B Term Loans of another Type (as provided in Section 2.09 hereof) or Continue Facility B Term Loans of one Type as Facility B Term Loans of the same Type (as provided in Section 2.09 hereof).
