Loan Repricing Protection Sample Clauses
Loan Repricing Protection. In the event that, on or prior to the six month anniversary of the Closing Date, the Borrower (a) makes any prepayment of Closing Date Term Loans in connection with any Repricing Transaction or (b) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, (i) in the case of clause (a), a prepayment premium of 1.00% of the aggregate principal amount of the Closing Date Term Loans being prepaid and (ii) in the case of clause (b), a payment equal to 1.00% of the aggregate principal amount of the applicable Closing Date Term Loans outstanding immediately prior to such amendment that is subject to such Repricing Transaction.
Loan Repricing Protection. In the event that, on or prior to the date that is twelve months after the Closing Date, the Borrower (x) prepays, refinances, substitutes or replaces any Initial Loans in connection with a Repricing Transaction (including, for avoidance of doubt, any prepayment made pursuant to Section 2.03(b)(iii) that constitutes a Repricing Transaction), or (y) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each of the applicable Lenders, (I) in the case of clause (x), a prepayment premium of 1.00% of the aggregate principal amount of the Initial Loans so prepaid, refinanced, substituted or replaced and (II) in the case of clause (y), a fee equal to 1.00% of the aggregate principal amount of the applicable Initial Loans outstanding immediately prior to such amendment. Such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.
Loan Repricing Protection. At the time of the effectiveness of any Repricing Transaction that is consummated prior to the six (6) month anniversary of the Closing Date, the Borrower agrees to pay to the Administrative Agent, for the ratable account of each Term Lender with Initial Term Loans that are either prepaid, repaid, converted or otherwise subjected to a pricing reduction in connection with such Repricing Transaction (including, if applicable, any Non-Consenting Lender required to assign its Initial Term Loans in connection therewith), a fee in an amount equal to 1.00% of (x) in the case of a Repricing Transaction described in clause (i) of the definition thereof, the aggregate principal amount of all Initial Term Loans prepaid, refinanced, converted, substituted or replaced in connection with such Repricing Transaction and (y) in the case of a Repricing Transaction described in clause (ii) of the definition thereof, the aggregate principal amount of all Initial Term Loans outstanding on such date that are subject to an effective pricing reduction pursuant to such Repricing Transaction. Such fees shall be earned, due and payable upon the date of the effectiveness of such Repricing Transaction.
Loan Repricing Protection. In the event that, on or prior to the date that is one year after the Closing Date, the Borrower (a) makes any prepayment of Term B Loans in connection with any Repricing Transaction or (b) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, (i) in the case of clause (a), a prepayment premium of 1% of the amount of the Term B Loans being prepaid and (ii) in the case of clause (b), a payment equal to 1% of the aggregate amount of the Term B Loans outstanding immediately prior to such amendment.
Loan Repricing Protection. At the time of the effectiveness of any Repricing Transaction that is consummated (i) with respect to the Initial Term Loans, prior to the six (6) month anniversary of the Closing Date, (ii) with respect to the 2018 Incremental Term Loans, prior to the six (6) month anniversary of the Second Amendment Effective Date, (iii) with respect to the 2020 Refinancing Term Loans, prior to the six (6) month anniversary of the Third Amendment Effective Date, (iv) with respect to the 2023 Incremental Term Loans, prior to the six (6) month anniversary of the Fourth Amendment Effective Date or, (v) with respect to the 2023-A Incremental Term Loans, prior to the six (6) month anniversary of the Fifth Amendment Effective Date or (vi) with respect to the 2024 Incremental Term Loans, prior to the six (6) month anniversary of the Sixth Amendment Effective Date, the Borrower agrees to pay to the Administrative Agent, for the ratable account of each Term Lender with Initial Term Loans, 2018 Incremental Term Loans, 2020 Refinancing Term Loans, 2023 Refinancing Term Loans or, 2023-A Refinancing Term Loans or 2024 Refinancing Term Loans, as applicable, that are either prepaid, repaid, converted or otherwise subjected to a pricing reduction in connection with such Repricing Transaction (including, if applicable, any Non-Consenting Lender required to assign its Initial Term Loans or 2018 Incremental Term Loans in connection therewith), a fee in an amount equal to 1.00% of (x) in the case of a Repricing Transaction described in clause (i) of the definition thereof, the aggregate principal amount of all Initial Term Loans, 2018 Incremental Term Loans, 2020 Refinancing Term Loans, 2023 Refinancing Term Loan or, 2023-A Refinancing Term Loan or 2024 Refinancing Term Loan, as applicable, prepaid, refinanced, converted, substituted or replaced in connection with such Repricing Transaction and (y) in the case of a Repricing Transaction described in clause (ii) of the definition thereof, the aggregate principal amount of all Initial Term Loans, 2018 Incremental Term Loans, 2020 Refinancing Term Loans, 2023 Refinancing Term Loan or, 2023-A Refinancing Term Loan or 2024 Refinancing Term Loan, as applicable, outstanding on such date that are subject to an effective pricing reduction pursuant to such Repricing Transaction. Such fees shall be earned, due and payable upon the date of the effectiveness of such Repricing Transaction. For the avoidance of doubt, the Additional 2018 Incremental Term ...
Loan Repricing Protection. In the event that the Borrower, on or prior to the date that is one yearsix months after the ClosingAmendment No. 1 Effective Date (x) prepays, refinances, substitutes or replaces any Term B Loans in connection with a Repricing Transaction (including, for avoidance of doubt, any prepayment made pursuant to Section 2.03(b)(iii) that constitutes a Repricing Transaction) or (y) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the account of each of the applicable Lenders, (I) in the case of clause (x), a prepayment premium of 1.00% of the aggregate principal amount of the Term B Loans of such Lender so prepaid, refinanced, substituted or replaced and (II) in the case of clause (y), a fee equal to 1.00% of the aggregate principal amount of the applicable Term B Loans of such Lender outstanding immediately prior to such amendment. Such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.
Loan Repricing Protection. In the event that, on or prior to the date that is one year after the Amendment No. 2 Effective Date, the Borrower (a) makes any prepayment of Tranche B-2 Loans in connection with any Repricing Transaction or (b) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, (i) in the case of clause (a), a prepayment premium of 1.0% of the principal amount of the Tranche B-2 Loans being prepaid and (ii) in the case of clause (b), a payment equal to 1.0% of the aggregate principal amount of the applicable Tranche B-2 Loans outstanding immediately prior to such amendment. Such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.Prepayment Premium. Each optional prepayment of First Lien Term Loans made after the Amendment No. 3 Effective Date pursuant to Section 2.3(a), each mandatory prepayment of the First Lien Term Loans made after the Amendment No. 3 Effective Date pursuant to Section 2.4(c), each mandatory assignment of First Lien Term Loans made after the Amendment No. 3 Effective Date pursuant to Section 3.7, each payment, refinancing or repricing of First Lien Term Loans made after the Amendment No. 3 Effective Date in connection with any Repricing Transaction and each payment (or deemed payment) of First Lien Term Loans following the acceleration thereof for any reason (including, but not limited to, any optional or mandatory payment after the occurrence of an Event of Default or after acceleration of the First Lien Term Loans including in connection with any proceeding subject to Debtor Relief Laws), shall be accompanied by the Prepayment Premium, if applicable.
Loan Repricing Protection. In the event that, on or prior to the six month anniversary of the Closing Date, the Borrower (a) makes any prepayment or refinancing of Term B Loans in connection with any Repricing Transaction (including any mandatory assignment pursuant to Section 3.07 of any Non-Consenting Lender), or (b) effects any amendment, amendment and restatement or other modification of this Agreement resulting in a Repricing Transaction in respect of the Term B Loans, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, (i) in the case of clause (a), a prepayment premium of 1.00% of the aggregate principal amount of the Term B Loans being prepaid, refinanced or assigned and (ii) in the case of clause (b), a payment equal to 1.00% of the aggregate principal amount of the applicable Term B Loans outstanding immediately prior to such amendment, amendment and restatement or modification that is subject to such Repricing Transaction.
Loan Repricing Protection. In the event that, on or prior to the twelve month anniversary of the Closingdate that is six months after the Second Amendment Effective Date, the Borrower (a) makes any prepayment of any Closing Date Term B Loans in connection with any Repricing Transaction with respect to such Closing Date Term B Loans or (b) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, (i) in the case of clause (a), a prepayment premium of 1.00% of the aggregate principal amount of such Closing Date Term B Loans being prepaid and (ii) in the case of clause (b), a payment equal to 1.00% of the aggregate principal amount of the applicable Closing Date Term B Loans outstanding immediately prior to such amendment that are subject to such Repricing Transaction.
Loan Repricing Protection. At the time of the effectiveness of any Repricing Transaction that is consummated (i) with respect to the Initial Term Loans, prior to the six (6) month anniversary of the Closing Date or (ii) with respect to the 2018 Incremental Term Loans, prior to the six (6) month anniversary of the First Amendment Effective Date, the Borrower agrees to pay to the Administrative Agent, for the ratable account of each Term Lender with Initial Term Loans or the 2018 Incremental Term Loans, as applicable, that are either prepaid, repaid, converted or otherwise subjected to a pricing reduction in connection with such Repricing Transaction (including, if applicable, any Non-Consenting Lender required to assign its Initial Term Loans or 2018 Incremental Term Loans in connection therewith), a fee in an amount equal to 1.00% of (x) in the case of a Repricing Transaction described in clause (i) of the definition thereof, the aggregate principal amount of all Initial Term Loans or 2018 Incremental Term Loans, as applicable, prepaid, refinanced, converted, substituted or replaced in connection with such Repricing Transaction and (y) in the case of a Repricing Transaction described in clause (ii) of the definition thereof, the aggregate principal amount of all Initial Term Loans or 2018 Incremental Term Loans, as applicable, outstanding on such date that are subject to an effective pricing reduction pursuant to such Repricing Transaction. Such fees shall be earned, due and payable upon the date of the effectiveness of such Repricing Transaction.