Repricing Transactions. (i) In the event that, on or prior to the date that is six months following the Eleventh Amendment Release Date, a Repricing Transaction with respect to the 2014-1 Additional Term Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2014-1 Additional Term Loans subject to such Repricing Transaction shall be payable by Borrower to the 2014-1 Additional Term Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Eleventh Amendment Release Date, any 2014-1 Additional Term Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2014-1 Additional Term Lender the fee referred to in the immediately preceding sentence upon such replacement. (ii) In the event that, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, a Repricing Transaction with respect to the 2015 Extended Term B Dollar Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2015 Extended Term B Dollar Loans subject to such Repricing Transaction shall be payable by Borrower to the 2015 Extended Term B Dollar Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, any 2015 Extended Term B Dollar Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2015 Extended Term B Dollar Lender the fee referred to in the immediately preceding sentence upon such replacement.
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Samples: Credit Agreement, Credit Agreement (Huntsman International LLC)
Repricing Transactions. (i) In the event that, on or prior to the date that is six months following the Eleventh Amendment Release Date, a Repricing Transaction with respect to the 2014-1 Additional Term Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2014-1 Additional Term Loans subject to such Repricing Transaction shall be payable by Borrower to the 2014-1 Additional Term Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Eleventh Amendment Release Date, any 2014-1 Additional Term Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2014-1 Additional Term Lender the fee referred to in the immediately preceding sentence upon such replacement.
(ii) In the event that, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, a Repricing Transaction with respect to the 2015 Extended Term B Dollar Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2015 Extended Term B Dollar Loans subject to such Repricing Transaction shall be payable by Borrower to the 2015 Extended Term B Dollar Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, any 2015 Extended Term B Dollar Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2015 Extended Term B Dollar Lender the fee referred to in the immediately preceding sentence upon such replacement.
(iii) In the event that, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, a Repricing Transaction with respect to the 2016 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2016 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2016 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, any 2016 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2016 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
(iv) In the event that, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, a Repricing Transaction with respect to the 2021 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2021 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2021 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, any 2021 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2021 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
(v) In the event that, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, a Repricing Transaction with respect to the 2023 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2023 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2023 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, any 2023 Term B Lender is replaced pursuant to Section
12.1 (b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2023 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
Appears in 1 contract
Samples: Credit Agreement (Huntsman CORP)
Repricing Transactions. (i) In the event that, on or prior to the date that is six months following the Eleventh Amendment Release Date, a Repricing Transaction with respect to the 2014-1 Additional Term Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2014-1 Additional Term Loans subject to such Repricing Transaction shall be payable by Borrower to the 2014-1 Additional Term Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Eleventh Amendment Release Date, any 2014-1 Additional Term Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2014-1 Additional Term Lender the fee referred to in the immediately preceding sentence upon such replacement.
(ii) In the event that, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, a Repricing Transaction with respect to the 2015 Extended Term B Dollar Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2015 Extended Term B Dollar Loans subject to such Repricing Transaction shall be payable by Borrower to the 2015 Extended Term B Dollar Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, any 2015 Extended Term B Dollar Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2015 Extended Term B Dollar Lender the fee referred to in the immediately preceding sentence upon such replacement.
(iii) In the event that, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, a Repricing Transaction with respect to the 2016 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2016 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2016 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, any 2016 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2016 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
(iv) In the event that, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, a Repricing Transaction with respect to the 2021 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2021 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2021 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, any 2021 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2021 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
(v) In the event that, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, a Repricing Transaction with respect to the 2023 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2023 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2023 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Sixteenth Amendment Effective Date, any 2023 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2023 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
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Repricing Transactions. (i) In the event that, on or prior to the date that is six months following the Eleventh Amendment Release Date, a Repricing Transaction with respect to the 2014-1 Additional Term Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2014-1 Additional Term Loans subject to such Repricing Transaction shall be payable by Borrower to the 2014-1 Additional Term Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Eleventh Amendment Release Date, any 2014-1 Additional Term Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2014-1 Additional Term Lender the fee referred to in the immediately preceding sentence upon such replacement.
(ii) In the event that, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, a Repricing Transaction with respect to the 2015 Extended Term B Dollar Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2015 Extended Term B Dollar Loans subject to such Repricing Transaction shall be payable by Borrower to the 2015 Extended Term B Dollar Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fourteenth Amendment Effective Date, any 2015 Extended Term B Dollar Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2015 Extended Term B Dollar Lender the fee referred to in the immediately preceding sentence upon such replacement.
(iii) In the event that, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, a Repricing Transaction with respect to the 2016 Term B Loans shall occur, a fee of 1.00% of the aggregate principal amount of the 2016 Term B Loans subject to such Repricing Transaction shall be payable by Borrower to the 2016 Term B Lenders on a ratable basis upon the consummation of such Repricing Transaction. If, on or prior to the date that is six months following the Fifteenth Amendment Effective Date, any 2016 Term B Lender is replaced pursuant to Section 12.1(b)(A) in connection with its refusal to consent to a reduction or postponement of such 1.00% fee, the Borrower shall pay to such replaced 2016 Term B Lender the fee referred to in the immediately preceding sentence upon such replacement.
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