Common use of Initial Term B-1 Loans Clause in Contracts

Initial Term B-1 Loans. Subject to the terms and conditions set forth in Amendment No. 7, each of the following Term B-1 Lenders severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Initial Term B-1 Loans”) denominated in Dollars as follows: (1) each Consenting Third Incremental Term Lender that elects the “Consent and Cashless Amendment” option on its Third Incremental Term Lender Consent agrees to have all of its outstanding Third Incremental Term Loans (or such lesser amount as may be notified to such Consenting Third Incremental Term Lender by the Administrative Agent or the Amendment No. 7 Arrangers prior to the Amendment No. 7 Effective Date) converted into a like principal amount of Initial Term B-1 Loans effective as of the Amendment No. 7 Effective Date, (2) each Additional Initial Term B-1 Lender severally agrees to make to the Borrower, loans (collectively, the “Additional Initial Term B-1 Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Additional Initial Term B-1 Lender’s Additional Initial Term B-1 Commitment and (3) each Consenting Third Incremental Term Lender that elects the “Consent and Post-Closing Settlement” option on its Third Incremental Term Lender Consent agrees to have the entire amount of its outstanding Third Incremental Term Loans assigned to the Additional Initial Term B-1 Lenders at par on the Amendment No. 7 Effective Date and following the Amendment No. 7 Effective Date, such Consenting Third Incremental Term Lender (or its designated Affiliate, if agreed by the Amendment No. 7 Arrangers) shall purchase by assignment Initial Term B-1 Loans in an equal principal amount as its outstanding Third Incremental Term Loans or such lesser amount allocated to such Consenting Third Incremental Term Lender by the Amendment No. 7 Arrangers. Amounts borrowed under this Section 2.01(g) and repaid or prepaid may not be reborrowed. Initial Term B-1 Loans shall be made as Term SOFR Loans as further provided in Amendment No. 7. Each Consenting Third Incremental Term Lender hereby agrees to waive any entitlement to any breakage loss or expenses due under Section 3.05 with respect to the repayment of its Third Incremental Term Loans it holds as a Term Lender which have been replaced with Initial Term B-1 Loans. 106

Initial Term B-1 Loans. Subject to the terms and conditions set forth in Amendment No. 7, each of the following Term B-1 Lenders severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Initial Term B-1 Loans”) denominated in Dollars as follows: (1) each Consenting Third Incremental Term Lender that elects the “Consent and Cashless Amendment” option on its Third Incremental Term Lender Consent agrees to have all of its outstanding Third Incremental Term Loans (or such lesser amount as may be notified to such Consenting Third Incremental Term Lender by the Administrative Agent or the Amendment No. 7 Arrangers prior to the Amendment No. 7 Effective Date) converted into a like principal amount of Initial Term B-1 Loans effective as of the Amendment No. 7 Effective Date, (2) each Additional Initial Term B-1 Lender severally agrees to make to the Borrower, loans (collectively, the “Additional Initial Term B-1 Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Additional Initial Term B-1 Lender’s Additional Initial Term B-1 Commitment and (3) each Consenting Third Incremental Term Lender that elects the “Consent and Post-Closing Settlement” option on its Third Incremental Term Lender Consent agrees to have the entire amount of its outstanding Third Incremental Term Loans assigned to the Additional Initial Term B-1 Lenders at par on the Amendment No. 7 Effective Date and following the Amendment No. 7 Effective Date, such Consenting Third Incremental Term Lender (or its designated Affiliate, if agreed by the Amendment No. 7 Arrangers) shall purchase by assignment Initial Term B-1 Loans in an equal principal amount as its outstanding Third Incremental Term Loans or such lesser amount allocated to such Consenting Third Incremental Term Lender by the Amendment No. 7 Arrangers. Amounts borrowed under this Section 2.01(g) and repaid or prepaid may not be reborrowed. Initial Term B-1 Loans shall be made as Term SOFR Loans as further provided in Amendment No. 7. Each Consenting Third Incremental Term Lender hereby agrees to waive any entitlement to any breakage loss or expenses due under Section 3.05 with respect to the repayment of its Third Incremental Term Loans it holds as a Term Lender which have been replaced with Initial Term B-1 Loans. 106.

Initial Term B-1 Loans. Subject to the terms and conditions set forth in Amendment No. 7, each of the following Term B-1 Lenders Xxxxxxx severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Initial Term B-1 Loans”) denominated in Dollars as follows: (1) each Consenting Third Incremental Term Lender that elects the “Consent and Cashless Amendment” option on its Third Incremental Term Lender Consent agrees to have all of its outstanding Third Incremental Term Loans (or such lesser amount as may be notified to such Consenting Third Incremental Term Lender by the Administrative Agent or the Amendment No. 7 Arrangers prior to the Amendment No. 7 Effective Date) converted into a like principal amount of Initial Term B-1 Loans effective as of the Amendment No. 7 Effective Date, (2) each Additional Initial Term B-1 Lender severally agrees to make to the Borrower, loans (collectively, the “Additional Initial Term B-1 Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Additional Initial Term B-1 Lender’s 108 Additional Initial Term B-1 Commitment and (3) each Consenting Third Incremental Term Lender that elects the “Consent and Post-Closing Settlement” option on its Third Incremental Term Lender Consent agrees to have the entire amount of its outstanding Third Incremental Term Loans assigned to the Additional Initial Term B-1 Lenders at par on the Amendment No. 7 Effective Date and following the Amendment No. 7 Effective Date, such Consenting Third Incremental Term Lender (or its designated Affiliate, if agreed by the Amendment No. 7 Arrangers) shall purchase by assignment Initial Term B-1 Loans in an equal principal amount as its outstanding Third Incremental Term Loans or such lesser amount allocated to such Consenting Third Incremental Term Lender by the Amendment No. 7 Arrangers. Amounts borrowed under this Section 2.01(g) and repaid or prepaid may not be reborrowed. Initial Term B-1 Loans shall be made as Term SOFR Loans as further provided in Amendment No. 7. Each Consenting Third Incremental Term Lender hereby agrees to waive any entitlement to any breakage loss or expenses due under Section 3.05 with respect to the repayment of its Third Incremental Term Loans it holds as a Term Lender which have been replaced with Initial Term B-1 Loans. 106.

Initial Term B-1 Loans. Subject to the terms and conditions set forth in Amendment No. 7, each of the following Term B-1 Lenders severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Initial Term B-1 Loans”) denominated in Dollars as follows: (1) each Consenting Third Incremental Term Lender that elects the “Consent and Cashless Amendment” option on its Third Incremental Term Lender Consent agrees to have all of its outstanding Third Incremental Term Loans (or such lesser amount as may be notified to such Consenting Third Incremental Term Lender by the Administrative Agent or the Amendment No. 7 Arrangers prior to the Amendment No. 7 Effective Date) converted into a like principal amount of Initial Term B-1 Loans effective as of the Amendment No. 7 Effective Date, (2) each Additional Initial Term B-1 Lender severally agrees to make to the Borrower, loans (collectively, the “Additional Initial Term B-1 Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Additional Initial Term B-1 Lender’s Additional Initial Term B-1 Commitment and (3) each Consenting Third Incremental Term Lender that elects the “Consent and Post-Closing Settlement” option on its Third Incremental Term Lender Consent agrees to have the entire amount of its outstanding Third Incremental Term Loans assigned to the Additional Initial Term B-1 Lenders at par on the Amendment No. 7 Effective Date and following the Amendment No. 7 Effective Date, such Consenting Third Incremental Term Lender (or its designated Affiliate, if agreed by the Amendment No. 7 Arrangers) shall purchase by assignment Initial Term B-1 Loans in an equal principal amount as its outstanding Third Incremental Term Loans or such lesser amount allocated to such Consenting Third Incremental Term Lender by the Amendment No. 7 Arrangers. Amounts borrowed under this Section 2.01(g) and repaid or prepaid may not be reborrowed. Initial Term B-1 Loans shall be made as Term 107 SOFR Loans as further provided in Amendment No. 7. Each Consenting Third Incremental Term Lender hereby agrees to waive any entitlement to any breakage loss or expenses due under Section 3.05 with respect to the repayment of its Third Incremental Term Loans it holds as a Term Lender which have been replaced with Initial Term B-1 Loans. 106.