Term B-2 Loans. (i) Subject to the terms and conditions hereof and of the Second Amendment, each Term B-1 Lender severally agrees to exchange its Exchanged Term B-1 Loans for a like principal amount of Term B-2 Loans on the Second Amendment Effective Date.
(ii) Subject to the terms and conditions hereof and of the Second Amendment, each Additional Term B-2 Lender severally agrees to make an Additional Term B-2 Loan to the Borrower on the Second Amendment Effective Date in the principal amount equal to its Additional Term B-2 Commitment on the Second Amendment Effective Date. The Borrower shall prepay the Non-Exchanged Term B-1 Loans with a like amount of the gross proceeds of the Additional Term B-2 Loans, concurrently with the receipt thereof.
(iii) The Borrower shall pay to the Term B-1 Lenders immediately prior to the effectiveness of the Second Amendment all accrued and unpaid interest on the Exchanged Term B-1 Loans to, but not including, the Second Amendment Effective Date on such Second Amendment Effective Date and the Borrower shall thereafter pay breakage thereon to the extent required in accordance with Section 3.05 as though (solely for this purpose) each Exchanged Term B-1 Loan had been prepaid on such date. All Term B-2 Loans will have an initial Interest Period beginning on the Second Amendment Effective Date.
(iv) Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed. Term B-2 Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
(v) The Term B-2 Loans shall have the same terms as the Term B-1 Loans as set forth in the Credit Agreement and Loan Documents before giving effect to the Second Amendment, except as modified by the Second Amendment; it being understood that the Term B-2 Loans (and all principal, interest and other amounts in respect thereof) will constitute “Obligations” under the Credit Agreement and the other Loan Documents and shall have the same rights and obligations under the Credit Agreement and the other Loan Documents as the Term B-1 Loans prior to the Second Amendment Effective Date.
(i) Section 2.05(c)(ii) of the Credit Agreement is hereby amended in its entirety to read as follows:
Term B-2 Loans. On the Amendment No. 4 Effective Date all Term B-2 Loans that are not Converted Term B-2 Loans and that are outstanding on the Amendment No. 4 Effective Date shall be repaid in full.
Term B-2 Loans. This Amendment shall have been executed and delivered by Term B-2 Lenders holding Commitments in respect of the entire aggregate principal amount of the Term B-2 Loans; and
Term B-2 Loans. The existing Term Loans shall, substantially simultaneously with the borrowing of the Term B-2 Loans, be refinanced in full;
Term B-2 Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders with Term B-2 Loans (i) on the last Business Day of each March, June, September and December, commencing with the last Business Day of March 2013, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B-2 Loans outstanding on the Amendment No. 1 Effective Date (which payments shall be reduced as a result of the application of prepayments as directed by the Borrower pursuant to Section 2.05) and (ii) on the Maturity Date for the Term B-2 Loans, the aggregate principal amount of all Term B-2 Loans outstanding on such date.
Term B-2 Loans. Each Rollover Term B-2 Lender hereby agrees to make Term B-2 Loans up to the aggregate amount of the aggregate principal amount of such Lender’s Existing Term B-2 Loans on the Tenth Amendment Effective Date. Each New Term B-2 Lender hereby agrees to make Term B-2 Loans up to the aggregate amount specified on such New Term B-2 Lender’s signature page to this Amendment on the Tenth Amendment Effective Date. Pursuant to Section 2.26 of the Credit Agreement, the Term B-2 Loans shall have the terms set forth in this Amendment and in the Credit Agreement (as amended by this Amendment).
Term B-2 Loans. (a) Continuation and Making of Term B-2 Loans. Subject to the terms and conditions set forth herein (i) each Continuing Term B-2 Lender agrees to continue all (or such lesser amount as notified to such Continuing Term B-2 Lender by the Amendment No. 3 Arrangers prior to the Amendment No. 3 Effective Date) of its Existing Term Loans as a Term B-2 Loan on the Amendment No. 3 Effective Date in a principal amount equal to such Continuing Term B-2 Lender’s Continuing Term B-2 Commitment (as defined below); and (ii) the Additional Term B-2 Lender agrees to make a Term B-2 Loan on the Amendment No. 3 Effective Date to the Borrowers in a principal amount equal to the Additional Term B-2 Lender’s Additional Term B-2 Commitment (as defined below). For purposes hereof, the Additional Term B-2 Lender shall become a party to the Credit Agreement as the Additional Term B-2 Lender as of the Amendment No. 3 Effective Date by executing and delivering to the Agent, on or prior to the Amendment No. 3 Effective Date, the Lender Addendum (Additional Term B-2 Lender) in its capacity as the Additional Term B-2 Lender. For the avoidance of doubt, the Existing Term Loans of a Continuing Term B-2 Lender must be continued in whole, and may not be continued in part, unless approved by the Agent and the Amendment No. 3 Arrangers.
Term B-2 Loans. Each of the Borrower and the Subsidiary Borrowers shall, jointly and severally, repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Amendment No. 1 Effective Date, an aggregate amount equal to 0.25% of the aggregate amount of all Term Loans (which shall be allocated among them ratably in accordance with the Designated Amounts) outstanding on the Amendment No. 1 Effective Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date.”
(i) Section 2.08 of the Credit Agreement is hereby amended by adding at the end thereof the following new clause (d):
Term B-2 Loans. (i) Subject to the terms and conditions hereof and of Amendment No. 2, each Term B-2 Lender severally agrees to make a Term B-2 Loan to the Borrower on the Amendment No. 2 Effective Date in the principal amount equal to its Term B-2 Commitment on the Amendment No. 2
Term B-2 Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B-2 Lenders the aggregate principal amount of all Term B-2 Loans outstanding on the Maturity Date for the Term B-2 Facility.
