New Tranche B Term Loans. (a) Subject to the terms and conditions set forth herein, (i) each Converting Tranche B Term Lender agrees to convert its Existing Tranche B Term Loans into New Tranche B Term Loans on the Amendment Effective Date in amounts equal to its Tranche B Undertaking and (ii) each Additional Tranche B Term Lender agrees to make New Tranche B Term Loans to the Borrower on the Amendment Effective Date in amounts equal to its Tranche B Undertaking. Each Additional Tranche B Term Lender will make its New Tranche B Term Loans on the Amendment Effective Date by transferring to the Agent, in the manner contemplated by Section 2.06 of the Credit Agreement, an amount equal to the amount of its Tranche B Undertaking. Any portion of an Existing Tranche B Term Loan converted by a Converting Tranche B Term Lender into a New Tranche B Term Loan as contemplated hereby is referred to herein as a “Converted Loan”. The “Tranche B Undertaking” (i) of any Converting Tranche B Term Lender will be such amount of its Existing Tranche B Term Loans to be converted into an equal amount of New Tranche B Term Loans, as is determined by the Arrangers and the Borrower and notified to such Lender prior to the Amendment Effective Date, and (ii) of any Additional Tranche B Term Lender will be the amount (not exceeding any commitment offered by such Additional Tranche B Term Lender) allocated to it by the Arrangers and the Borrower and notified to it prior to the Amendment Effective Date. The new Schedule 2.01 of the Credit Agreement contemplated by Section 1(j) hereof will separately set forth (i) the Tranche B Undertaking of each Converting Tranche B Term Lender and (ii) the Tranche B Undertaking of each Additional Tranche B Term Lender. The commitments of the Additional Tranche B Term Lenders and the conversion undertakings of the Converting Tranche B Term Lenders are several and no such Lender will be responsible for any other Lender’s failure to make or acquire by conversion New Tranche B Term Loans.
New Tranche B Term Loans. (a) Subject to the terms and conditions set forth herein:
New Tranche B Term Loans. (a) Subject to the satisfaction of the conditions precedent set forth in Section 3 hereof and to the provisions of Section 1(c) hereof, each New Tranche B Term Lender agrees, severally and not jointly, to make, on the Amendment No. 2 Effective Date, a New Tranche B Term Loan to the Company in an aggregate principal amount equal to its New Tranche B Term Loan Commitment. The New Tranche B Term Loan Commitment of each New Tranche B Term Lender shall automatically terminate upon the making of the New Tranche B Term Loans on the Amendment No. 2
New Tranche B Term Loans. (a) Subject to the terms and conditions set forth herein, (i) each Additional Tranche B Term Lender agrees to make term loans to the Borrower in an aggregate amount equal to such Additional Tranche B Term Lender’s New Tranche B Term Loan Commitment (in each case, an “Additional Tranche B Term Loan”) and (ii) each Converting Tranche B Term Lender, as provided in Section 4(b) below, agrees to convert all or a part of such Lender’s Existing Tranche B Term Loans into such a loan on the Second Amendment Effective Date (together with any Additional Tranche B Term Loans, the “New Tranche B Term Loans”). The New Tranche B Term Loans shall be made by the New Tranche B Term Lenders in accordance with their respective amounts set forth on Schedule II hereto.
New Tranche B Term Loans. (a) Subject to the terms and conditions set forth herein, (i) each Continuing Tranche B Term Loan Lender agrees to continue its Existing Tranche B Term Loans (or the portion thereof specified for continuation in its Lender Addendum to this Amendment) as a New Tranche B Term Loan on the date requested by the Borrower to be the Amendment Effective Date (which date shall not be later than December 10, 2010) in a principal amount equal to such Existing Tranche B Term Loans and (ii) each Additional Tranche B Term Loan Lender agrees to make a New Tranche B Term Loan on such date to the Borrower in a principal amount equal to such Additional Tranche B Term Loan Lender’s New Tranche B Term Loan Commitment. For purposes hereof, a Person may become a party to the Credit Agreement as amended hereby and a New Tranche B Term Loan Lender as of the Amendment Effective Date by executing and delivering to the Administrative Agent, on or prior to the Amendment Effective Date, a Lender Addendum in its capacity as a New Tranche B Term Loan Lender. The Borrower shall give notice to the Administrative Agent of the proposed Amendment Effective Date not later than one Business Day prior thereto, and the Administrative Agent shall notify each Tranche B Term Loan Lender and each Additional Tranche B Term Loan Lender thereof.
New Tranche B Term Loans. Each Person that executes and delivers a signature page to this Amendment (a “Lender Addendum”) and agrees in connection therewith to make a New Tranche B Term Loan (collectively, the “New Tranche B Term Lenders”) hereby (i) agrees to the terms of this Amendment, (ii) agrees to all provisions of the Credit Agreement, as amended hereby, and to be a party to the Credit Agreement as a Lender and (iii) commits to provide New Tranche B Term Loans to the Borrower on the Second Amendment Effective Date in such amount (not in excess of any such commitment) as is determined by the Successor Agent and notified to such New Tranche B Term Lender. The aggregate principal amount of the New Tranche B Term Loan facility on the Second Amendment Effective Date shall be $365,000,000.
New Tranche B Term Loans. Section 2.01(d) shall be amended by adding at the end thereof: "In addition, on the Tranche B Refinancing Effective Date:
New Tranche B Term Loans. (a) Subject to the terms and conditions set forth herein, each Person that executes and delivers a signature page to this Amendment (a “Lender Addendum”) as a New Tranche B Term Lender (such Lenders collectively, the “New Tranche B Term Lenders”) (i) agrees to the terms of this Amendment (including, for the avoidance of doubt, the amendments set forth in Section 3 and Section 6 of this Amendment), (ii) agrees to all provisions of the Credit Agreement, as amended hereby, and to become a party to the Credit Agreement as a Lender and a Tranche B Term Lender and (iii) agrees to provide a Tranche B Term Loan to the Borrower on the New Tranche B Term Loan Funding Date (the “New Tranche B Term Loans”) in such amount equal to such New Tranche B Term Lender’s New Tranche B Term Commitment (as defined below). The aggregate principal amount of the New Tranche B Term Loans made on the New Tranche B Term Loan Funding Date shall be $200,000,000 (it being understood that the aggregate initial principal amount of all Tranche B Term Loans after giving effect to the Incremental Term Loan Increase shall be $900,000,000).
New Tranche B Term Loans. The last sentence of Section 2.01(d) of the Existing Credit Agreement is amended in its entirety to read as follows: "In addition, on the 2004 Refinancing Effective Date:
New Tranche B Term Loans. On the terms and subject to the conditions set forth in Section 5 hereof and in the Restated Credit Agreement, each New Tranche B Term Lender agrees, severally and not jointly, to make, on the Second Restatement Effective Date, a New Tranche B Term Loan to the Borrower in an aggregate principal amount equal to its New Tranche B Term Commitment (it being understood that $165,000,000 of such New Tranche B Term Loans shall constitute Incremental Tranche B Term Loans and shall be made on the terms and subject to the conditions set forth in Section 2.14 of the Restated Credit Agreement), which commitment may be permanently reduced from time to time in the manner set forth in Section 2.06 of the Existing Credit Agreement. The New Tranche B Term Commitment of each New Tranche B Term Lender shall automatically terminate upon the making of the New Tranche B Term Loans on the Second Restatement Effective Date. The proceeds of the New Tranche B Term Loans shall be used by the Borrower solely for the purposes specified in Section 7.10 of the Restated Credit Agreement.
