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),
(i) the Borrower or the applicable Co-Borrower shall repay 2024 Refinancing Term B-1 Loans incurred on the Fourteenth Incremental Assumption and Amendment Agreement Effective Date, Incremental Term B-1 Loans incurred on the Fifteenth Incremental Assumption and Amendment Agreement Effective Date and May 2024 Incremental Term B-1 Loans incurred on the Sixteenth Incremental Assumption and Amendment Agreement Effective Date on the last day of each March, June, September and December of each year (commencing on September 30, 2024) and on the applicable Term Facility Maturity Date or, if any such date is not a Business Day, on the next preceding Business Day (each such date being referred to as a “Term B-1 Loan Installment Date”), in an aggregate principal amount of such Term B-1 Loans equal to (A) in the case of quarterly payments due prior to the applicable Term Facility Maturity Date, an amount equal to 0.25% of the sum of (I) the aggregate principal amount of 2024 Refinancing Term B-1 Loans outstanding immediately after the Fourteenth Incremental Assumption and Amendment Agreement Effective Date plus (II) the aggregate principal amount of Incremental Term B-1 Loans outstanding immediately after the Fifteenth Incremental Assumption and Amendment Agreement Effective Date plus (III) the aggregate principal amount of May 2024 Incremental Term B-1 Loans outstanding immediately after the Sixteenth Incremental Assumption and Amendment Agreement Effective Date, and (B) in the case of such payment due on the applicable Term Facility Maturity Date, an amount equal to the then unpaid principal amount of such Term B-1 Loans outstanding;
(ii) in the event that any Incremental Term Loans are made after the Sixteenth Incremental Assumption and Amendment Agreement, the Borrower or the applicable Co-Borrower shall repay such Incremental Term Loans on the dates and in the amounts set forth in the related Incremental Assumption Agreement (each such date being referred to as an “Incremental Term Loan Installment Date”); and
(iii) to the extent not previously paid, outstanding Term Loans shall be due and payable on the applicable Term Facility Maturity Date.
(b) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the applicable Revolving Facility Maturity Date.
(c) Prepayment of the Loans from:
(i) all Net Proceeds pursuant to Section 2.11(b) and Excess C...
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),
(i) the Borrower shall repay the Term B Loans incurred on the June 2017 Effective Date and the November 2017 Effective Date on the last day of each March, June, September and December of each year (commencing on the last day of December 2017) and on the applicable Term Facility Maturity Date or, if any such date is not a Business Day, on the next preceding Business Day (each such date being referred to as a “Term B Loan Installment Date”), in an aggregate principal amount of such Term B Loans equal to (A) in the case of quarterly payments due prior to the applicable Term Facility Maturity Date, an amount equal to 0.25% of the product of (x) the sum of (I) the aggregate principal amount of all June 2017 Term B Loans outstanding immediately prior to the November 2017 Effective Date and (II) the aggregate principal amount of November 2017 Term B Loans funded on the November 2017 Effective Date and (y) a fraction, the numerator of which is the aggregate principal amount of the June 2017 Term B Loans funded on the June 2017 Effective Date and the denominator of which is equal to the aggregate principal amount of June 2017 Term B Loans outstanding immediately prior to the November 2017 Effective Date, after such product is rounded to the nearest Dollar (for the avoidance of doubt, and rounding to the nearest full Dollar, such repayment amount shall be, from and after the November 2017 Effective Date, $7,242,513 on each such last day of each March, June, September and December), and (B) in the case of such payment due on the applicable Term Facility Maturity Date, an amount equal to the then unpaid principal amount of such Term B Loans outstanding;
(ii) in the event that any Incremental Term Loans (other than the November 2017 Term B Loans) are made, the Borrower shall repay such Incremental Term Loans on the dates and in the amounts set forth in the related Incremental Assumption Agreement (each such date being referred to as an “Incremental Term Loan Installment Date”); and
(iii) to the extent not previously paid, outstanding Term Loans shall be due and payable on the applicable Term Facility Maturity Date.
(b) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the applicable Revolving Facility Maturity Date.
(c) Prepayment of the Loans from:
(i) all Net Proceeds pursuant to Section 2.11(b) and Excess Cash Flow pursuant to Section 2.11(...
Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, the Borrower shall repay Term Borrowings on each date set forth below, or if any such date is not a Business Day, on the next succeeding Business Day, in the aggregate principal amount set forth below opposite such date (each such date being referred to as a “Term Loan Installment Date”): March 31, 2007 $ 2,375,000 June 30, 2007 $ 2,375,000 September 30, 2007 $ 2,375,000 December 31, 2007 $ 2,375,000 March 31, 2008 $ 2,375,000 June 30, 2008 $ 2,375,000 September 30, 2008 $ 2,375,000 December 31, 2008 $ 2,375,000 March 31, 2009 $ 2,375,000 June 30, 2009 $ 2,375,000 September 30, 2009 $ 2,375,000 December 31, 2009 $ 2,375,000 March 31, 2010 $ 2,375,000 June 30, 2010 $ 2,375,000 September 30, 2010 $ 2,375,000 December 31, 2010 $ 2,375,000 March 31, 2011 $ 2,375,000 June 30, 2011 $ 2,375,000 September 30, 2011 $ 2,375,000 December 31, 2011 $ 2,375,000 March 31, 2012 $ 2,375,000 June 30, 2012 $ 2,375,000 September 30, 2012 $ 2,375,000 December 31, 2012 $ 2,375,000 March 31, 2013 $ 2,375,000 June 30, 2013 $ 2,375,000 September 30, 2013 $ 2,375,000 Term Facility Maturity Date $ 885,875,000 provided that the final principal repayment installment of the Term Loans repaid on the Term Facility Maturity Date shall be, in any event, in an amount equal to the aggregate principal amount of all Term Loans outstanding on such date.
(b) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the Revolving Facility Maturity Date.
(c) Prepayment of the Borrowings from:
(i) Net Proceeds pursuant to Section 2.11(b) and Excess Cash Flow pursuant to Section 2.11(c) shall be applied first to ABR Term Loans and then to Eurocurrency Term Loans, and to such Term Borrowings on a pro rata basis, with the application thereof in direct order of maturity, and
(ii) any optional prepayments of the Term Loans pursuant to Section 2.11(a) shall be applied to the remaining installments thereof as directed by the Borrower.
(d) Prior to any optional repayment of any Borrowing under any Facility hereunder, the Borrower shall notify the Administrative Agent by telephone (confirmed by fax) of the Borrowings under the applicable Facility to be repaid not later than 12:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business Day before the scheduled date of such repayment and (ii) in the case of a Eurocurrency Borrowing, three Business Days before the scheduled date of such repayment. Each re...
Repayment of Term Loans and Revolving Facility Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Company shall repay Term Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date (each such day being referred to as a “Term Loan Installment Date”): June 30, 2012 $ 937,500 September 30, 2012 $ 937,500 December 31, 2012 $ 937,500 March 31, 2013 $ 937,500 June 30, 2013 $ 937,500 September 30, 2013 $ 937,500 December 31, 2013 $ 937,500 March 31, 2014 $ 937,500 June 30, 2014 $ 937,500 September 30, 2014 $ 937,500 December 31, 2014 $ 937,500 March 31, 2015 $ 937,500 June 30, 2015 $ 1,875,000 September 30, 2015 $ 1,875,000 December 31, 2015 $ 1,875,000 March 31, 2016 $ 1,875,000 June 30, 2016 $ 1,875,000 September 30, 2016 $ 1,875,000 December 30, 2016 $ 1,875,000 March 31, 2017 $ 1,875,000 In the event that any New Term Loans are made on an Increased Amount Date, the amount due on each Term Loan Installment Date (other than the Maturity Date) occurring after the Increased Amount Date shall increase by an amount equal to the applicable amount per annum of the principal amount of such New Term Loans separately agreed upon by the Lenders making such New Term Loans, the Company and the Administrative Agent pursuant to a New Term Loan Amendment, with the remaining principal amount of such New Term Loans being repaid on the Maturity Date.
(b) To the extent not previously paid, all Term Loans shall be due and payable on the Maturity Date.
(c) Prepayment of the Term Borrowings from:
(i) all Net Proceeds pursuant to Section 2.11(c) shall be applied ratably among the Lenders on a pro rata basis (based on the amount of such amortization payments) to the remaining scheduled amortization payments in respect of such Term Borrowings; and
(ii) any optional prepayments pursuant to Section 2.11(a) shall be applied to the Term Loan Facility as directed by the Company.
(d) [Intentionally Omitted].
(e) Prior to any repayment of any Borrowing under any Facility hereunder, the applicable Borrower (or the Company on behalf of the applicable Borrower) shall select the Borrowing or Borrowings under the applicable Facility to be repaid and shall notify the Administrative Agent (and in the case of repayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopy) of such selection not later than 2:00 p.m., Local Time, (i) in the case of an ABR Revolving Facility Borrowing, one (1) Business Day before the scheduled date of such repayment and (ii) ...
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),
(i) the Borrower shall repay the Term B Loans incurred on the Closing Date on the last day of each March, June, September and December of each year (commencing on the last day of the first full fiscal quarter of the Borrower ending after the Closing Date) and on the applicable Term Facility Maturity Date or, if any such date is not a Business Day, on the next preceding Business Day (each such date being referred to as a “Term B Loan Installment Date”), in an aggregate principal amount of such Term B Loans equal to (A) in the case of quarterly payments due prior to the applicable Term Facility Maturity Date, an amount equal to 0.25% of the aggregate principal amount of Term B Loans outstanding immediately after the Closing Date, and (B) in the case of such payment due on the applicable Term Facility Maturity Date, an amount equal to the then unpaid principal amount of such Term B Loans outstanding;
(ii) in the event that any Incremental Term Loans are made, the Borrower shall repay such Incremental Term Loans on the dates and in the amounts set forth in the related Incremental Assumption Agreement (each such date being referred to as an “Incremental Term Loan Installment Date”); and
(iii) to the extent not previously paid, outstanding Term Loans shall be due and payable on the applicable Term Facility Maturity Date.
Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, (i) the Borrower shall repay Term B Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date or, if such date is not a Business Day, the next preceding Business Day (each such date being referred to as a “Term B Loan Installment Date”): December 31, 2006 $ 712,500.00 March 31, 2007 $ 712,500.00 June 30, 2007 $ 712,500.00 September 30, 2007 $ 712,500.00 December 31, 2007 $ 712,500.00 March 31, 2008 $ 712,500.00 June 30, 2008 $ 712,500.00 September 30, 2008 $ 712,500.00 December 31, 2008 $ 712,500.00 March 31, 2009 $ 712,500.00 June 30, 2009 $ 712,500.00 September 30, 2009 $ 712,500.00 December 31, 2009 $ 712,500.00 March 31, 2010 $ 712,500.00 June 30, 2010 $ 712,500.00 September 30, 2010 $ 712,500.00 December 31, 2010 $ 712,500.00 March 31, 2011 $ 712,500.00 June 30, 2011 $ 712,500.00 September 30, 2011 $ 712,500.00 December 31, 2011 $ 712,500.00 March 31, 2012 $ 712,500.00 June 30, 2012 $ 712,500.00 September 30, 2012 $ 712,500.00 December 31, 2012 $ 712,500.00 March 31, 2013 $ 712,500.00 June 30, 2013 $ 712,500.00 Term B Facility Maturity Date $ 265,762,500.00
Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section,
(i) the Borrower shall repay Term B Borrowings on the last day of each March, June, September and December of each year (commencing on the last day of the second full fiscal quarter of the Borrower after the Closing Date) (each, a “Payment Date”) and on the applicable Term Facility Maturity Date, or, if such date is not a Business Day, the next preceding Business Day (each such date being referred to as a
Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, the Borrower shall repay Term Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date or, if such date is not a Business Day, the immediately preceding Business Day (each such date being referred to as a "Term Loan Installment Date"): Amount of Term Date Borrowings to be Repaid ---- ----------------------- June 30, 2006................ $ 887,500 September 30, 2006........... $ 887,500 December 31, 2006............ $ 887,500 March 31, 2007............... $ 887,500 June 30, 2007................ $ 887,500 September 30, 2007........... $ 887,500 December 31, 2007............ $ 887,500 March 31, 2008............... $ 887,500 June 30, 2008................ $ 887,500 September 30, 2008........... $ 887,500 December 31, 2008............ $ 887,500 March 31, 2009............... $ 887,500 June 30, 2009................ $ 887,500 September 30, 2009........... $ 887,500 December 31, 2009............ $ 887,500 March 31, 2010............... $ 887,500 June 30, 2010................ $ 887,500 September 30, 2010........... $ 887,500 December 31, 2010............ $ 887,500 March 31, 2011............... $ 887,500 June 30, 2011................ $ 887,500 September 30, 2011........... $ 887,500 December 31, 2011............ $ 887,500 March 31, 2012............... $ 887,500 June 30, 2012................ $ 887,500 September 30, 2012........... $ 887,500 December 31, 2012............ $ 887,500 Term Facility Maturity Date.. $331,037,500
(b) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the Revolving Facility Maturity Date.
(c) Prepayment of the Borrowings from:
(i) all Net Proceeds and Excess Cash Flow pursuant to Section 2.11(b) or 2.11(c) shall be applied to the Term Borrowings, with the application thereof in direct chronological order to the unpaid amounts due on the next succeeding Term Loan Installment Dates, and
(ii) any optional prepayments of the Term Loans pursuant to Section 2.11(a) shall be applied to the remaining installments thereof as directed by the Borrower.
(d) Prior to any repayment of any Borrowing under either Facility hereunder, the Borrower shall select the Borrowing or Borrowings under the applicable Facility to be repaid and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 2:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business ...
Repayment of Term Loans and Revolving Facility Loans. Section 2.10(a) of the Credit Agreement is hereby replaced in its entirety with the following:
Repayment of Term Loans and Revolving Facility Loans. Subject to the other paragraphs of this Section:
