Repayment of Term B Loan Sample Clauses

Repayment of Term B Loan. The principal amount of the Term B Loan shall be repaid in full on the Termination Date (or if earlier, upon an Event of Default as provided in Section 10.2 hereof). Borrowers may make a voluntary prepayment, without premium or penalty, in whole or in part of the outstanding principal amount of the Term B Loan so long as each of the following conditions is satisfied: (i) as of the date of any such prepayment and after giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing, (ii) for each of the thirty (30) consecutive days prior to any such prepayment, Excess Availability shall have been not less than $15,000,000 and immediately after giving effect to any such prepayment, Excess Availability shall be not less than $15,000,000, and (iii) Borrowers shall provide Agent with at least one (1) but no more than five (5) Business Days’ prior written notice of such voluntary prepayment. Any principal amount of the Term B Loan which is repaid or prepaid may not be reborrowed.”
Sample 1
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Repayment of Term B Loan. The Term B Loan shall be repaid in full on the Maturity Date (or if earlier, upon an Event of Default as provided in Section 10.2 of the Loan Agreement). Borrowers shall not make any prepayments in respect of the Term B Loan unless each of the following conditions is satisfied: (a) as of the date of any such prepayment and after giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing and (b) for each of the thirty (30) consecutive days prior to any such prepayment, Excess Availability shall have been not less than $15,000,000 and immediately after giving effect to any such prepayment, Excess Availability shall be not less than $15,000,000. Any principal amount of the Term B Loan which is repaid or prepaid may not be reborrowed.
Sample 1Sample 2
Repayment of Term B Loan. Without duplication of the provisions of Section 2.2(c), if Borrower does not receive an unqualified opinion of its auditor with respect to its annual audited financial statements for the 2020 fiscal year, Borrower shall immediately pay to Lenders, payable to each Lender in accordance with its respective applicable Pro Rata Share, an amount equal to the sum of: (i) all outstanding principal of the Term B Loan plus accrued and unpaid interest thereon through the prepayment date, (ii) the Final Fee with respect to the Term B Loan and (iii) the Prepayment Fee with respect to the Term B Loan.
Sample 1
Repayment of Term B Loan. The principal amount of the Term B Loan shall be repaid on each of the Principal Amortization Payment Dates set forth below with a quarterly payment on each such date equal to the amount set forth below corresponding to the relevant Principal Amortization Payment Date, unless accelerated sooner pursuant to Section 6.1: --------------------------------------------------------- Principal Amortization Term B Loan Payment Dates Amortization Payment March 31, 2003 $ 500,000 --------------------------------------------------------- June 30, 2003 $ 500,000 --------------------------------------------------------- September 30, 2003 $ 500,000 --------------------------------------------------------- December 31, 2003 $ 500,000 --------------------------------------------------------- March 31, 2004 $ 500,000 --------------------------------------------------------- June 30, 2004 $ 500,000 --------------------------------------------------------- September 30, 2004 $ 500,000 --------------------------------------------------------- December 31, 2004 $ 500,000 --------------------------------------------------------- March 31, 2005 $ 500,000 --------------------------------------------------------- June 30, 2005 $ 500,000 --------------------------------------------------------- September 30, 2005 $ 500,000 --------------------------------------------------------- December 31, 2005 $ 500,000 --------------------------------------------------------- March 31, 2006 $ 500,000 --------------------------------------------------------- June 30, 2006 $ 500,000 --------------------------------------------------------- September 30, 2006 $ 500,000 --------------------------------------------------------- December 31, 2006 $ 500,000 --------------------------------------------------------- March 31, 2007 $ 500,000 --------------------------------------------------------- May 15, 2007 $191,500,000 ---------------------------------------------------------
Sample 1
Repayment of Term B Loan. The Term Loan Borrowers shall repay the Term B Loan by payment to the Facility Agent (for the account of the Banks) on each date set out in Column 1 below (each date being a "Term B Instalment Repayment Date") of an amount of each of Tranches B1 to B4 inclusive equal to the percentage of the Original Tranche B Amount (as defined below) set out in Column 2 below opposite the relevant Term B Instalment Repayment Date (so that the Term B Loan is repaid in full on or before the Final Repayment Date in relation to the Term B Loan Facility and with the aggregate amount payable on a Term B Instalment Repayment Date under this Clause 7.2 (Repayment of Term B Loan) being herein referred to as a "Term B Instalment"): Column 1 Column 2 Term B Instalment Repayment Date % 31 December 2007 50 30 June 2008 50
Sample 1
Repayment of Term B Loan. The principal amount of the Term B Loan shall be repaid on each of the Principal Amortization Payment Dates set forth below with a quarterly payment on each such date equal to the amount set forth below corresponding to the relevant Principal Amortization Payment Date, unless accelerated sooner pursuant to Section 6.1: Principal Amortization Payment Dates Term B Loan Amortization Payment June 30, 2004 $1,000,000 September 30, 2004 $1,000,000 December 31, 2004 $1,000,000 March 31, 2005 $1,000,000 June 30, 2005 $1,000,000 September 30, 2005 $1,000,000 December 31, 2005 $1,000,000 March 31, 2006 $1,000,000 June 30, 2006 $1,000,000 September 30, 2006 $1,000,000 December 31, 2006 $1,000,000 March 31, 2007 $1,000,000 June 30, 2007 $1,000,000 September 30, 2007 $1,000,000 December 31, 2007 $1,000,000 March 31, 2008 $1,000,000 June 30, 2008 $1,000,000 September 30, 2008 $1,000,000 December 31, 2008 $1,000,000 March 31, 2009 $1,000,000 June 30, 2009 $1,000,000 September 30, 2009 $1,000,000 December 31, 2009 $1,000,000 March 31, 2010 $1,000,000 June 30, 2010 $1,000,000 Termination Date $375,000,000 Notwithstanding the foregoing, the outstanding balance of the Term B Loan shall be due and payable in full on the date that is six months prior to the maturity date of the 2007 High Yield Notes to the extent the aggregate principal amount outstanding on such 2007 High Yield Notes as of such date is equal to or greater than $50,000,000. For the avoidance of doubt, any portion of the 2007 High Yield Notes which has been legally defeased by the Company in accordance with the terms of the 2007 High Yield Note Indenture shall not be considered "outstanding" for the purposes of the foregoing sentence.
Sample 1
Repayment of Term B Loan. The principal of Term B Loans shall be due and payable in quarterly installments on March 31, June 30, September 30 and December 31 of each year commencing on June 30, 2002 and ending June 30, 2008, in each case in an amount equal to (a) the Term B Loan Commitment on the date hereof multiplied by the quarterly reduction percentage specified below, such that all of the Term B Loans will be repaid on or before June 30, 2008: Outstandings Assuming Only Quarterly Calendar. Scheduled (No Voluntary or Reduction Quarter Other Mandatory) Repayments Percentage ---------- --------------------------- ---------- 6/30/02 $99,750,000 .25% 9/30/02 $99,500,000 .25% 12/31/02 $99,250,000 .25% 3/31/03 $99,000,000 .25% 6/30/03 $98,750,000 .25% 9/30/03 $98,500,000 .25% 12/31/03 $98,250,000 .25% 3/31/04 $98,000,000 .25% 6/30/04 $97,750,000 .25% 9/30/04 $97,500,000 .25% 12/31/04 $97,250,000 .25% 3/31/05 $97,000,000 .25% 6/30/05 $96,750,000 .25% 9/30/05 $96,500,000 .25% 12/31/05 $96,250,000 .25% 3/31/06 $96,000,000 .25% 6/30/06 $95,750,000 .25% 9/30/06 $95,500,000 .25% 12/31/06 $95,250,000 .25% 3/31/07 $95,000,000 .25% 6/30/07 $94,750,000 .25% 9/30/07 $71,062,500 23.6875% 12/31/07 $47,375,000 23.6875% 3/31/08 $23,687,500 23.6875% 6/30/08 $0 23.6875% All amounts of principal, interest and fees relating to Term B Loans as well as all other amounts payable under this Agreement not due and payable before June 30, 2008 are due and payable on that date.
Sample 1
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Repayment of Term B Loan. The Term Loan Borrowers shall repay the Term B Loan by payment to the Facility Agent (for the account of the Banks) on each date set out in Column 1 below (each date being a "TERM B INSTALMENT REPAYMENT DATE") of an amount of each of Tranches B1 to B4 inclusive equal to the percentage of the Original Tranche B Amount (as defined below) set out in Column 2 below opposite the relevant Term B Instalment Repayment Date (so that the Term B Loan is repaid in full on or before the Final Repayment Date in relation to the Term B Loan Facility and with the aggregate amount payable on a Term B Instalment Repayment Date under this Clause 7.2 being herein referred to as a "TERM B INSTALMENT"):
Sample 1
Repayment of Term B Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term B Loan in consecutive quarterly installments on the last Business Day of each calendar quarter commencing June 30, 2003 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: PAYMENT PRINCIPAL INSTALLMENT TERM B LOAN COMMITMENT YEAR DATE ($) ($) ---- ------------------- --------------------- ---------------------- June 30 $ 2,500,000.00 $97,500,000.00 Year 1 September 30 $ 2,500,000.00 $95,000,000.00 December 31 $ 2,500,000.00 $92,500,000.00 March 31 $ 2,500,000.00 $90,000,000.00 June 30 $ 2,500,000.00 $87,500,000.00 Year 2 September 30 $ 2,500,000.00 $85,000,000.00 December 31 $ 2,500,000.00 $82,500,000.00 March 31 $ 2,500,000.00 $80,000,000.00 June 30 $ 2,500,000.00 $77,500,000.00 Year 3 September 30 $ 2,500,000.00 $75,000,000.00 December 31 $ 2,500,000.00 $72,500,000.00 March 31 $ 2,500,000.00 $70,000,000.00 June 30 $ 2,500,000.00 $67,500,000.00 Year 4 September 30 $ 2,500,000.00 $65,000,000.00 December 31 $ 2,500,000.00 $62,500,000.00 March 31 $ 2,500,000.00 $60,000,000.00 June 30 $ 2,500,000.00 $57,500,000.00 Year 5 September 30 $ 2,500,000.00 $55,000,000.00 December 31 $ 2,500,000.00 $52,500,000.00 March 31 $ 2,500,000.00 $50,000,000.00 June 30 $16,500,000.00 $33,500,000.00 Year 6 September 30 $16,500,000.00 $17,000,000.00 Term B Loan Maturity Date $17,000,000.00 $ 0.00 If not sooner paid, the Term B Loan shall be paid in full, together with accrued interest thereon, on the Term B Loan Maturity Date. Amounts paid under the Term B Loan Facility pursuant to this Section 4.3 may not be reborrowed and will constitute a permanent reduction in the Term B Loan Commitments.
Sample 1

Related to Repayment of Term B Loan

  • Repayment of Term Loan The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Payment September 30, 2007 $ 559,375 December 31, 2007 $ 559,375 March 31, 2008 $ 559,375 June 30, 2008 $ 559,375 September 30, 2008 $ 1,118,750 December 31, 2008 $ 1,118,750 March 31, 2009 $ 1,118,750 June 30, 2009 $ 1,118,750 September 30, 2009 $ 1,678,175 December 31, 2009 $ 1,678,175 March 31, 2010 $ 1,678,175 June 30, 2010 $ 1,678,175 September 30, 2010 $ 2,237,500 December 31, 2010 $ 2,237,500 March 31, 2011 $ 2,237,500 June 30, 2011 $ 2,237,500 September 30, 2011 $ 2,237,500 December 31, 2011 $ 2,237,500 March 31, 2012 $ 2,237,500 Term Loan Maturity Date The remaining outstanding principal amount of the Term Loan

  • Repayment of Term Loans (a) The Tranche B Term Loan of each Tranche B Term Lender shall mature in 23 consecutive quarterly installments and a final installment on the Tranche B Term Maturity Date, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount September 30, 2003 $ 150,000 December 31, 2003 $ 150,000 March 31, 2004 $ 150,000 June 30, 2004 $ 150,000 September 30, 2004 $ 150,000 December 31, 2004 $ 150,000 March 31, 2005 $ 150,000 June 30, 2005 $ 150,000 September 30, 2005 $ 150,000 December 31, 2005 $ 150,000 March 31, 2006 $ 150,000 June 30, 2006 $ 150,000 September 30, 2006 $ 150,000 December 31, 2006 $ 150,000 March 31, 2007 $ 150,000 June 30, 2007 $ 150,000 September 30, 2007 $ 150,000 December 31, 2007 $ 150,000 March 31, 2008 $ 150,000 June 30, 2008 $ 150,000 September 30, 2008 $ 14,250,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,250,000 Tranche B Term Maturity Date $ 14,250,000

  • Repayment of Term Borrowings (a) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Repayment Date Amount September 30, 2004 $ 443,750 December 31, 2004 $ 443,750 March 31, 2005 $ 443,750 June 30, 2005 $ 443,750 September 30, 2005 $ 443,750 December 31, 2005 $ 443,750 March 31, 2006 $ 443,750 June 30, 2006 $ 443,750 September 30, 2006 $ 443,750 December 31, 2006 $ 443,750 March 31, 2007 $ 443,750 June 30, 2007 $ 443,750 September 30, 2007 $ 443,750 December 31, 2007 $ 443,750 March 31, 2008 $ 443,750 June 30, 2008 $ 443,750 September 30, 2008 $ 443,750 December 31, 2008 $ 443,750 March 31, 2009 $ 443,750 June 30, 2009 $ 443,750 September 30, 2009 $ 443,750 December 31, 2009 $ 443,750 March 31, 2010 $ 443,750 June 30, 2010 $ 443,750 Term Loan Maturity Date $ 166,850,000

  • Mandatory Prepayment of Term Loans (i) The Borrower shall, in accordance with Subsection 4.4(g), prepay the Term Loans to the extent required by Subsection 8.4(b) (subject to Subsection 8.4(c)), (ii) if on or after the Closing Date, Holdings or any of its Restricted Subsidiaries shall Incur Indebtedness for borrowed money (excluding Indebtedness permitted pursuant to Subsection 8.1 other than Specified Refinancing Term Loans), the Borrower shall, in accordance with Subsection 4.4(g), prepay the Term Loans (or, in the case of the incurrence of any Specified Refinancing Term Loans, the Tranche of Term Loans being refinanced) in a Dollar Equivalent amount equal to 100.0% of the Net Cash Proceeds thereof minus the portion of such Net Cash Proceeds applied (to the extent Borrower or any of its Subsidiaries is required by the terms thereof) to prepay, repay or purchase Pari Passu Indebtedness on a pro rata basis with the Term Loans, in each case with such prepayment to be made on or before the fifth Business Day following notice given to each Lender of the Prepayment Date, as contemplated by Subsection 4.4(h) and (iii) the Borrower shall, in accordance with Subsection 4.4(g), prepay the Term Loans within 120 days following the last day of the immediately preceding Fiscal Year (commencing with the Fiscal Year ending on or about December 31, 2016) (each, an “ECF Payment Date”), in a Dollar Equivalent amount equal to (A) (1) 50.0% (as may be adjusted pursuant to the last proviso of this clause (iii)) of Holdings’ Excess Cash Flow for such Fiscal Year minus (2) the sum of (x) the aggregate Dollar Equivalent principal amount of Term Loans (including Incremental Term Loans, Extended Term Loans and Specified Refinancing Term Loans) prepaid pursuant to Subsection 4.4(a) and any prepayment of Term Loans (including Incremental Term Loans, Extended Term Loans and Specified Refinancing Term Loans) pursuant to Subsection 4.4(l) (provided that such deduction for prepayments pursuant to Subsection 4.4(l) shall be limited to the actual cash amount of such prepayment) or any Pari Passu Indebtedness (including revolving loans to the extent any commitments with respect thereto are permanently reduced), in each case during such Fiscal Year and (y) the aggregate amount in respect of clause (x) from previous fiscal years to the extent the amount of such prepayment exceeded the amount of prepayments required to be made from Holdings’ Excess Cash Flow in such fiscal year, in each case, excluding prepayments funded with proceeds from the Incurrence of long-term Indebtedness (the amount described in this clause (A), the “ECF Prepayment Amount”) minus (B) the portion of such ECF Prepayment Amount applied (to the extent Borrower or any of its Subsidiaries is required by the terms thereof) to prepay, repay or purchase Pari Passu Indebtedness on a pro rata basis with the Term Loans; provided that such percentage in clause (1) above shall be reduced to 0% if the Consolidated Secured Leverage Ratio as of the last day of the immediately preceding Fiscal Year was less than 3.40:1.00. Nothing in this Subsection 4.4(e) shall limit the rights of the Agents and the Lenders set forth in Subsection 9.

  • Permitted Prepayment of Term Loans Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty (30) days prior to such prepayment, and (ii) pays to the Lenders on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Expenses and interest at the Default Rate with respect to any past due amounts.

  • Optional Prepayment of Term Loan (a) Subject to clause (b) hereof, Borrower (at its option), may prepay all or any portion of the outstanding principal of any Term Loan Advance bearing interest at the Base Rate at any time, and may prepay all or any portion of the outstanding principal of any Term Loan bearing interest at the Eurodollar-based Rate upon one (1) Business Day’s notice to the Agent by wire, telecopy or by telephone (confirmed by wire or telecopy), with accrued interest on the principal being prepaid to the date of such prepayment. Any prepayment of a portion of a Term Loan as to which the Applicable Interest Rate is the Base Rate shall be without premium or penalty, except to the extent set forth in Section 4.7(d) below and any prepayment of a portion of a Term Loan as to which the Applicable Interest Rate is the Eurodollar-based Rate shall be without premium or penalty, except to the extent set forth in Section 11.1 and Section 4.7(d) below.

  • Optional Prepayment of Term Loans The Borrower may at any time and from time to time prepay the Tranche B-1 Term Loans, the Tranche B-2 Term Loans and/or any other Term Loans of any Class, in whole or in part, without premium or penalty (except as provided in Section 2.21 and subject to Section 2.13), in an aggregate principal amount, (1) in the case of Eurocurrency Loans, that is an integral multiple of $1.0 million and not less than $5.0 million, and (2) in the case of ABR Loans, that is an integral multiple of $1.0 million and not less than $5.0 million, or, in each case, if less, the amount outstanding. The Borrower will notify the Administrative Agent by telephone (confirmed by hand delivery, facsimile transmission or e-mail) of such election not later than 11:00 a.m., New York City time, (a) in the case of a Eurocurrency Borrowing, three Business Days before the anticipated date of such prepayment and (b) in the case of an ABR Borrowing, one Business Day before the anticipated date of such prepayment. Each such notice of prepayment will specify the prepayment date and the principal amount of each Borrowing (or portion thereof) to be prepaid. All prepayments under this Section 2.07 will be accompanied by accrued and unpaid interest on the principal amount to be prepaid to but excluding the date of payment. Any such notice may be revocable or conditioned on a refinancing of all or any portion of the Term Facility. Any optional prepayments of Tranche B-1 Term Loans, Tranche B-2 Term Loans and/or other Term Loans of any Class pursuant to this Section 2.07 will be applied to the remaining scheduled amortization payments of such applicable Class of Term Loans as directed by the Borrower (or in the absence of such direction, in direct order of maturity, to the amortization payments of such applicable Class of Term Loans) and will be applied ratably to the Term Loans of such Class included in the prepaid Borrowing.

  • Amortization of Term Loans (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrowers shall repay Term Loan Borrowings on the last day of each March, June, September and December (commencing on December 31, 2016) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day.

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Extension of Term Loans The Borrower may at any time and from time to time request that all or a portion of the Term Loans of a given Class (each, an “Existing Term Loan Tranche”) be amended to extend the scheduled maturity date(s) with respect to all or a portion of any principal amount of such Term Loans (any such Term Loans which have been so amended, “Extended Term Loans”) and to provide for other terms consistent with this Section 2.16. In order to establish any Extended Term Loans, the Borrower shall provide a notice to the Administrative Agent (who shall provide a copy of such notice to each of the Lenders under the applicable Existing Term Loan Tranche) (each, a “Term Loan Extension Request”) setting forth the proposed terms of the Extended Term Loans to be established, which shall (x) be identical as offered to each Lender under such Existing Term Loan Tranche (including as to the proposed interest rates and fees payable) and offered pro rata to each Lender under such Existing Term Loan Tranche and (y) (except as to interest rates, fees, amortization, final maturity date, “AHYDO” payments, optional prepayments, premium, required prepayment dates and participation in prepayments, which shall be determined by the Borrower and the Extending Term Lenders and set forth in the relevant Term Loan Extension Request), be substantially identical to, or (taken as a whole) no more favorable to the Extending Term Lenders than those applicable to the Existing Term Loan Tranche subject to such Term Loan Extension Request (except for covenants or other provisions applicable only to periods after the Maturity Date of the applicable Existing Term Loan Tranche that is in effect on the effective date of the Extension Amendment (immediately prior to the establishment of such Extended Term Loans)) (as reasonably determined by the Borrower), including: (i) all or any of the scheduled amortization payments of principal of the Extended Term Loans may be delayed to later dates than the scheduled amortization payments of principal of the Term Loans of such Existing Term Loan Tranche, to the extent provided in the applicable Extension Amendment; provided, however, that at no time shall there be Classes of Term Loans hereunder (including Refinancing Term Loans and Extended Term Loans) which have more than three different Maturity Dates; (ii) the Effective Yield, pricing, optional redemptions and prepayment and “AHYDO” payments with respect to the Extended Term Loans (whether in the form of interest rate margin, upfront fees, OID or otherwise) may be different from the Effective Yield for the Term Loans of such Existing Term Loan Tranche, in each case, to the extent provided in the applicable Extension Amendment; (iii) the Extension Amendment may provide for other covenants and terms that apply solely to any period after the Maturity Date of the applicable Existing Term Loan Tranche that is in effect on the effective date of the Extension Amendment (immediately prior to the establishment of such Extended Term Loans); and (iv) Extended Term Loans may have call protection as may be agreed by the Borrower and the Lenders thereof; provided that no Extended Term Loans may be optionally prepaid prior to the date on which all Term Loans with an earlier final stated maturity (including Term Loans under the Existing Term Loan Tranche from which they were amended) are repaid in full, unless such optional prepayment is accompanied by a pro rata optional prepayment of such other Term Loans; provided, however, that (A) no Event of Default shall have occurred and be continuing at the time a Term Loan Extension Request is delivered to Lenders, (B) in no event shall the final maturity date of any Extended Term Loans of a given Term Loan Extension Series at the time of establishment thereof be earlier than the Maturity Date of the applicable Existing Term Loan Tranche that is in effect on the effective date of the Extension Amendment (immediately prior to the establishment of such Extended Term Loans), (C) the Weighted Average Life to Maturity of any Extended Term Loans of a given Term Loan Extension Series at the time of establishment thereof shall be no shorter than the remaining Weighted Average Life to Maturity of the applicable Existing Term Loan Tranche, (D) all documentation in respect of such Extension Amendment shall be consistent with the foregoing and (E) any Extended Term Loans may participate on a pro rata basis or less than a pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective Term Loan Extension Request. Any Extended Term Loans amended pursuant to any Term Loan Extension Request shall be designated a series (each, a “Term Loan Extension Series”) of Extended Term Loans for all purposes of this Agreement; provided that any Extended Term Loans amended from an Existing Term Loan Tranche may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established Term Loan Extension Series with respect to such Existing Term Loan Tranche (in which case scheduled amortization with respect thereto shall be proportionally increased). Each Term Loan Extension Series of Extended Term Loans incurred under this Section 2.16 shall be in an aggregate principal amount that is not less than $5,000,000 (or, if less, the entire principal amount of the Indebtedness being extended pursuant to this Section 2.16(a)).

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