Common use of Institution of Incremental Term Loans Clause in Contracts

Institution of Incremental Term Loans. (a) Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, the Term B-5 Lender hereby agrees to commit to provide its Incremental Term B-5 Commitments on the Incremental B-5 Effective Date, in the aggregate principal amount set forth opposite its name on Part A of Schedule A annexed hereto (and the existing Schedule 2.01 to the Existing Credit Agreement shall be deemed to be amended to include the information set forth on Schedule A annexed hereto). (b) The Incremental Term B-5 Loans shall be incurred as Term B-5 Loans under the Amended Credit Agreement and shall have all of the terms and conditions applicable to Term B-5 Loans under the Amended Credit Agreement. (c) Each of the Administrative Agent, the Company and the other Loan Parties agrees that, as of the Incremental B-5 Effective Date, the Incremental Term B-5 Lender shall (a) be a party to the Amended Credit Agreement and the other Loan Documents, (b) be a “Lender”, a “Term Lender” and a “Term B-5 Lender”, as applicable, for all purposes of the Amended Credit Agreement and the other Loan Documents and (c) have the rights and obligations of a Lender under the Amended Credit Agreement and the other Loan Documents.

Institution of Incremental Term Loans. (a) Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, the each Term B-5 A-9 Lender hereby agrees to commit to provide its Incremental Term B-5 A-9 Commitments on the Incremental B-5 A-9 Effective Date, in the aggregate principal amount set forth opposite its name on Part A of Schedule A annexed hereto (and the existing Schedule 2.01 to the Existing Credit Agreement shall be deemed to be amended to include the information set forth on Schedule A annexed hereto). (b) The Incremental Term B-5 A-9 Loans shall be incurred as “Term B-5 Loans A-9 Loans” under the Amended Credit Agreement and shall have all of the terms and conditions applicable to Term B-5 A-9 Loans under the Amended Credit Agreement. (c) Each of the The Term Facility Administrative Agent, the Company Borrower and the other Loan Parties agrees that, as of the Incremental B-5 A-9 Effective Date, the Incremental each Term B-5 A-9 Lender shall (a) be a party to the Amended Credit Agreement and the other Loan Documents, (b) be a “Lender”, a “Term Lender” ”, and a “Term B-5 A-9 Lender”, as applicable, ” for all purposes of the Amended Credit Agreement and the other Loan Documents and (c) have the rights and obligations of a Lender under the Amended Credit Agreement and the other Loan Documents.

Institution of Incremental Term Loans. (a) Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, the Term B-5 Lender B-6 Lenders and the Term B-7 Lenders each hereby severally agrees to commit to provide its Incremental Term B-5 B-6 Commitments and Term B-7 Commitments (as applicable) on the Incremental B-5 B-6/B-7 Effective Date, in the aggregate principal amount set forth opposite its name on Part A and Part B of Schedule A annexed hereto (and the existing Schedule 2.01 to the Existing Credit Agreement shall be deemed to be amended to include the information set forth on Schedule A annexed hereto). (b) The Incremental Term B-5 B-6 Loans and the Term B-7 Loans shall be incurred as “Term B-5 Loans B-6 Loans” and “Term B-7 Loans”, respectively, under the Amended Credit Agreement and shall have all of the terms and conditions applicable to Term B-5 B-6 Loans and Term B-7 Loans, respectively, under the Amended Credit Agreement. (c) Each of the Administrative Agent, the Company Borrowers and the other Loan Parties agrees that, as of the Incremental B-5 B-6/B-7 Effective Date, the Incremental Term B-5 each New Loan Lender shall (a) be a party to the Amended Credit Agreement and the other Loan Documents, (b) be a “Lender”, a “Term Lender”, and “Term B-6 Lender” and or a “Term B-5 B-7 Lender”, as applicable, for all purposes of the Amended Credit Agreement and the other Loan Documents and (c) have the rights and obligations of a Lender under the Amended Credit Agreement and the other Loan Documents.

Institution of Incremental Term Loans. (a) Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, the Term B-5 B-8 Lender hereby severally agrees to commit to provide its Incremental Term B-5 B-8 Commitments on the Incremental B-5 B-8 Effective Date, in the aggregate principal amount set forth opposite its name on Part A of Schedule A annexed hereto (and the existing Schedule 2.01 to the Existing Credit Agreement shall be deemed to be amended to include the information set forth on Schedule A annexed hereto). (b) The Incremental Term B-5 B-8 Loans shall be incurred as “Term B-5 Loans B-8 Loans” under the Amended Credit Agreement and shall have all of the terms and conditions applicable to Term B-5 B-8 Loans under the Amended Credit Agreement. (c) Each of the Administrative AgentAgents, the Company and the other Loan Parties agrees that, as of the Incremental B-5 B-8 Effective Date, the Incremental each Term B-5 B-8 Lender shall (a) be a party to the Amended Credit Agreement and the other Loan Documents, (b) be a “Lender”, a “Term Lender” ”, and a “Term B-5 B-8 Lender”, as applicable, ” for all purposes of the Amended Credit Agreement and the other Loan Documents and (c) have the rights and obligations of a Lender under the Amended Credit Agreement and the other Loan Documents. (d) Each of the parties hereto hereby acknowledge that this Agreement constitutes notice of the prepayment of the outstanding Term Loans contemplated in this Agreement and hereby waives any requirement for additional notice thereof under the Existing Credit Agreement or any of the other Loan Documents (as defined under the Existing Credit Agreement).