Common use of Multi-Draw Term Loan Clause in Contracts

Multi-Draw Term Loan. In addition to payments made pursuant to clause (b) of this Section 3.1.2, beginning with the first Fiscal Quarter end following the Multi-Draw Term Loan Commitment Termination, if the Loan to Value Ratio is equal to or greater than 35% as of such Fiscal Quarter end, the Borrowers shall repay the aggregate outstanding balance of the Multi-Draw Term Loans by an amount equal to the result of: the aggregate outstanding balance of all Multi-Draw Term Loans as of the last day of such Fiscal Quarter; multiplied by 7.5%; divided by 4; provided, however, that the Borrowers shall repay the aggregate amount outstanding under any Multi-Draw Term Loans in full on the Stated Maturity Date.

Multi-Draw Term Loan. In addition to payments made pursuant to clause (ba) of this Section 3.1.2, beginning with the first Fiscal Quarter end following the Multi-Draw Term Loan Commitment Termination, if the Loan to Value Ratio is equal to or greater than 35% as of such Fiscal Quarter end, the Borrowers shall repay the aggregate outstanding balance of the Multi-Draw Term Loans by an amount equal to the result of: the aggregate outstanding balance of all Multi-Draw Term Loans as of the last day of such Fiscal Quarter; multiplied by 7.5%; divided by 4; provided, however, that the Borrowers shall repay the aggregate amount outstanding under any Multi-Draw Term Loans in full on the Stated Maturity Date.

Multi-Draw Term Loan. In addition to payments made pursuant to clause (b) of this Section 3.1.2, beginning with the first Fiscal Quarter end following the Multi-Draw Term Loan Commitment Termination, if the Loan to Value Ratio is equal to or greater than 3540% as of such Fiscal Quarter end, the Borrowers Borrower shall repay the aggregate outstanding balance of the Multi-Draw Term Loans by an amount equal to the result of: the aggregate outstanding balance of all Multi-Draw Term Loans as of the last day of such Fiscal Quarter; multiplied by 7.55.0%; divided by 4; provided, however, that the Borrowers Borrower shall repay the aggregate amount outstanding under any Multi-Draw Term Loans in full on the Stated Maturity Date.

Multi-Draw Term Loan. In addition to payments made pursuant to clause (b) of this Section 3.1.2, beginning with the first Fiscal Quarter end following the Multi-Draw Term Loan Commitment Termination, if the Loan to Value Ratio calculated and reported for any Fiscal Quarter end pursuant to clause (e) of Section 7.1.1 is equal to or greater than 35% as 40%, concurrent with the delivery of such Fiscal Quarter endthe applicable Compliance Certificate, the Borrowers Borrower shall repay the aggregate outstanding balance of the Multi-Draw Term Loans by an amount equal to the result of: the aggregate outstanding balance of all Multi-Draw Term Loans as of the last day of such Fiscal Quarter; Quarter multiplied by 7.5%; 5.0% and then divided by 4; provided, however, that the Borrowers Borrower shall repay the aggregate amount outstanding under any Multi-Draw Term Loans in full on the Stated Maturity Date.