Repriced Term Loans. Subject to the terms and conditions hereof and pursuant to subsection 2.8 of the Existing Credit Agreement, each Cashless Term Lender hereby agrees to make Repriced Term Loans in an aggregate principal amount equal to such Xxxxxx’s Existing Term Loans (or such lesser amount corresponding to the amount of Repriced Term Loans as may be allocated to such Cashless Term Lender by the Administrative Agent, if any) on the Twelfth Amendment Effective Date and approves the amendments to the Existing Credit Agreement as set forth in this Amendment. Subject to the terms and conditions hereof and pursuant to subsection 2.8 of the Existing Credit Agreement, the New Term Loan Lender agrees to make, in a single draw on the Twelfth Amendment Effective Date, Repriced Term Loans in Dollars to the Borrower in the aggregate principal amount set forth on Schedule I hereto. The Repriced Term Loans shall have the same terms as the Existing Term Loans, except as set forth in and modified by this Amendment. The Repriced Term Loans, once disbursed pursuant to this Amendment, shall be assigned the same CUSIP as the Existing Term Loans. The Administrative Agent hereby consents, pursuant to subsection 2.8(b) of the Existing Credit Agreement, to the inclusion of the New Term Loan Lender as an Additional Specified Refinancing Lender (if and to the extent such consent is required thereunder).
Repriced Term Loans i. On the Amendment No. 7 Effective Date, (x) each Consenting Existing Term Lender shall have all of its Existing Term Loans (or in the case of the Assignee Term Lender, all the Existing Term Loans immediately after giving effect to the assignments from any Consenting Existing Term Lender that elected the “Consent and Post-Closing Settlement Option” on its Term Lender Consent) automatically converted to Repriced Term Loans for all purposes under the Amended Credit Agreement, and such Repriced Term Loans shall be outstanding under the Amended Credit Agreement on the terms and conditions set forth therein and (y) each Replacement Term Lender shall make Repriced Term Loans to the Borrowers on the Amendment No. 7 Effective Date in the principal amount of such Replacement Term Lender’s Term Commitment set forth opposite such Replacement Term Lender’s name on the Replacement Term Commitments Schedule.
Repriced Term Loans. (a) Subject to the terms and conditions set forth herein (i) each Continuing Term Lender agrees to continue all (or such lesser amount as notified to such Lender by the Administrative Agent prior to the First Amendment Effective Date) of its Existing Term Loans as a Repriced Term Loan on the First Amendment Effective Date in a principal amount equal to such Continuing Term Lender’s Repriced Term Commitment (as defined below); and (ii) each Additional Term Lender agrees to make a Repriced Term Loan on such date to the Borrower in a principal amount equal to such Additional Term Lender’s
Repriced Term Loans. (a) On the Fourth Amendment Effective Date, subject to the terms and conditions set forth herein (i) each Continuing Term Lender agrees to continue all (or such lesser amount as notified to such Lender by the Lead Left Arranger prior to the Fourth Amendment Effective Date) of its Existing Term Loans as a Repriced Term Loan in a principal amount equal to such Continuing Term Lender’s Repriced Term Commitment (as defined below), (ii) each Additional Term Lender agrees to make a Repriced Term Loan on such date to the Company in a principal amount equal to such Additional Term Lender’s Repriced Term Commitment and (iii) each Continuing Term Lender and Additional Term Lender agrees to this Amendment and the terms of the Amended Credit Agreement. For purposes hereof, a Person shall become a party to the Amended Credit Agreement and a Repriced Term Lender as of the Fourth Amendment Effective Date by executing and delivering to the Administrative Agent, on or prior to the Fourth Amendment Effective Date, a Lender Addendum in its capacity as a Repriced Term Lender. For the avoidance of doubt, the Existing Term Loans of a Continuing Term Lender must be continued in whole and may not be continued in part unless approved by the Lead Left Arranger. (b) Each Additional Term Lender will make its Repriced Term Loan on the Fourth Amendment Effective Date by making available to the Administrative Agent, in the manner contemplated by Section 2.02 of the Amended Credit Agreement, an amount equal to its Repriced Term Commitment. The “Repriced Term Commitment” (i) of any Continuing Term Lender will be the amount of its Existing Term Loans as set forth in the Register as of the Fourth Amendment Effective Date (or such lesser amount as notified to such Lender by the Lead Left Arranger prior to the Fourth Amendment Effective Date), which shall be continued as an equal principal amount of Repriced Term Loans, and (ii) of any Additional Term Lender will be such amount (not exceeding any commitment offered by such Additional Term Lender) allocated to it by the Lead Left Arranger and notified to it on or prior to the Fourth Amendment Effective
Repriced Term Loans
