Common use of Repayment Schedules Clause in Contracts

Repayment Schedules. (a) Promptly following the issuance of the Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on the Funding Date until the Maturity Date, at a rate of 10% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), in the manner which the Borrower directs) and the Administrative Agent will, in consultation with the Borrower, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (ai) Each Obligor hereby expressly acknowledges and agrees that as at the Restatement Date the Term Loan Required Payments (reflecting drawn Tranche A Commitments) which are outstanding are set out in the repayment schedule prepared as of the Restatement Date set forth in Schedule 2.03. (ii) Promptly following the issuance of the first Borrowing Request in respect of the Tranche B, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a revised repayment schedule in respect of the Term Loan, and promptly following the issuance of each subsequent Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a revise the repayment schedule in respect of the Term Loan to take into account the additional advance being made under such Borrowing Request (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that:: 41 #4866-5228-1161 (i1) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”);; and (ii2) the Term Loan will amortize, commencing on the Funding Restatement Date until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (biii) The Administrative Agent and the Borrower will agree to such revised Repayment Schedule in respect of the Term Loan prior to the Funding relevant Borrowing Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (div) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs makes an election in relation to any optional partial prepayment of the Term Loan pursuant to accordance with Section 2.05(a2.05(b)(ii)(y), the next in the manner which the Borrower directstime amortization payment(s) only) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree to such Repayment Schedule. The revised repayment schedule Schedule whereupon it shall thereafter automatically be deemed to be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following the issuance of the first Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan, and promptly following the issuance of each subsequent Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, revise the repayment schedule in respect of the Term Loan to take into account the additional advance being made under such Borrowing Request (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on the Funding first Borrowing Date in respect of the Term Loan until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding relevant Borrowing Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date[Reserved]. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs makes an election in relation to any optional partial prepayment of the Term Loan pursuant to accordance with Section 2.05(a2.05(b)(ii), the next in the manner which the Borrower directstime amortization payment(s) only) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following the issuance of the first Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan, and promptly following the issuance of each subsequent Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, revise the repayment schedule in respect of the Term Loan to take into account the additional advance being made under such Borrowing Request (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on the Funding first Borrowing Date in respect of the Term Loan until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding relevant Borrowing Date. (c) Upon the Maturity Revolving Loan Availability Termination Date, the Borrower shall repay to the Administrative Agent for the ratable account outstanding principal amount of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on shall be converted into, and form part of the Term Loan, the Interest Period shall align with the Interest Period applicable to the Term Loan and the Administrative Agent will, in consultation with the Borrower and the Term Lenders, revise the repayment schedule to take into account the additional principal amount. The Administrative Agent and the Borrower will agree such dateRepayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), in the manner which the Borrower directs) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following the issuance of the first Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan, and promptly following the issuance of each subsequent Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, revise the repayment schedule in respect of the Term Loan to take into account the additional advance being made under such Borrowing Request (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on the Funding first Borrowing Date in respect of the Term Loan until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and ; and (iii) such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent Agent, the Term Lenders and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding relevant Borrowing Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs makes an election in relation to any optional partial prepayment of the Term Loan pursuant to accordance with Section 2.05(a2.05(b)(ii), the next in the manner which the Borrower directstime amortization payment(s) only) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent Agent, the Term Lenders and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following Each Obligor hereby expressly acknowledges and agrees that as at the issuance of the Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of Restatement Date the Term Loan Required Payments (reflecting drawn Term Loan Commitments) which are outstanding are set out in the repayment schedule prepared as of the Restatement Date set forth in Schedule 2.02 (the “Repayment Schedule”). The Repayment Schedule will be has been prepared on the basis that: (i) the US Borrower will repay the Term Loan in instalments on each Payment Date, commencing which commenced on the first Payment Date following the Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on the Funding Date until the Maturity Date, at a rate of 10% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding Date. (c) Upon the Maturity Date, the Borrower Borrowers shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (dc) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, Guarantor Cure or Collateral Asset Disposition, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the US Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), in the manner which the US Borrower directs) and the Administrative Agent will, in consultation with the BorrowerBorrowers, revise the repayment schedule Repayment Schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the US Borrower will agree as to any such revised Repayment Schedule. The revised repayment schedule Schedule whereupon it shall thereafter automatically be deemed to be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following Each Obligor hereby expressly acknowledges and agrees that as at the issuance Restatement Date the Term Loan Required Payments (reflecting the aggregate of drawn Commitments and the additional Borrowing to be made on the Restatement Date) which will be outstanding upon the making of the Borrowing Request on the Restatement Date are set out in respect the repayment schedule prepared as of the Term Loan, the Administrative Agent will, Restatement Date set forth in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan Schedule 2.03. (the “Repayment Schedule”). The b) Each Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”);; and (ii) the Term Loan will amortize, commencing on the Funding Restatement Date until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs makes an election in relation to any optional partial prepayment of the Term Loan pursuant to accordance with Section 2.05(a2.05(b)(ii), the next in the manner which the Borrower directstime amortization payment(s) only) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into 34 #4858-9314-8498 account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree to such Repayment Schedule. The revised repayment schedule Schedule whereupon it shall thereafter automatically be deemed to be the “Repayment Schedule” for the purposes of this Agreement.

Repayment Schedules. (a) Promptly following the issuance of the first Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, prepare a repayment schedule in respect of the Term Loan, and promptly following the issuance of each subsequent Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Term Lenders, revise the repayment schedule in respect of the Term Loan to take into account the additional advance being made under such Borrowing Request (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that: (i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the Funding Date (the “Term Loan Required Payments”);; and (ii) the Term Loan will amortize, commencing on the Funding first Borrowing Date in respect of the Term Loan until the Maturity Date, at a rate of 108% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates. (b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding relevant Borrowing Date. (c) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (d) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs makes an election in relation to any optional partial prepayment of the Term Loan pursuant to accordance with Section 2.05(a2.05(b)(ii)(y), the next in the manner which the Borrower directstime amortization payment(s) only) and the Administrative Agent will, in consultation with the BorrowerBorrower and the Term Lenders, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this Agreement.