Initial Interest Rates and Interest Periods. The Borrowers and the Incremental Term Lenders hereby agree that the Incremental Term Loans incurred pursuant to this Amendment will be allocated ratably to each outstanding borrowing of Term Loans that are Eurodollar Rate Loans or ABR Loans under the Credit Agreement for purposes of determining the initial interest rate thereon and Interest Period therefor.
Initial Interest Rates and Interest Periods. The Extended Term B Loans will initially be subject to the same Interest Periods as the currently outstanding Existing Amendment No. 1 Incremental Term B Loans on the Amendment No. 3 Effective Date (which, for the avoidance of doubt, is 1 month ending July 31, 2024).
Initial Interest Rates and Interest Periods. The Amendment No. 2 Incremental Loans shall bear interest as provided for in the Credit Agreement in respect of Initial Loans. The Borrower and each Amendment No. 2 Incremental Lenders hereby agree that all Amendment No. 2 Incremental Loans incurred pursuant to this Amendment will be allocated ratably to each outstanding borrowing of Loans that are Eurocurrency Rate Loans or Base Rate Loans under the Credit Agreement for purposes of determining the initial interest rate thereon and Interest Period therefor.
Initial Interest Rates and Interest Periods. The Amendment No. 1 Effective Date Incremental Loans shall bear interest as provided for in the Credit Agreement in respect of Initial Loans. From the date of each applicable Delayed Draw Funding Date, the Amendment No. 1 Delayed Draw Incremental Loans funding on such Delayed Draw Funding Date shall bear interest as provided for in the Credit Agreement in respect of Initial Loans. The Borrower and the Amendment No. 1 Incremental Lenders hereby agree that all Amendment No. 1 Incremental Loans incurred pursuant to this Amendment will be allocated ratably to each outstanding borrowing of Loans that are Eurocurrency Rate Loans or Base Rate Loans under the Credit Agreement for purposes of determining the initial interest rate thereon and Interest Period therefor.
Initial Interest Rates and Interest Periods. The 2021 Refinancing Term Loans shall bear interest as provided for in the Amended Credit Agreement.
Initial Interest Rates and Interest Periods. (A) The Applicable Margin with respect to the Amendment No. 1 Incremental Term B Loans shall be (i) in the case of Term Benchmark Loans, a percentage equal to 2.25% per annum and (ii) in the case of ABR Loans, a percentage equal to 1.25% per annum.
