Common use of Term B Loan Clause in Contracts

Term B Loan. On the Closing Date, each Term B Lender severally agrees, on the terms and conditions set forth in this Agreement, to make a Term B Loan to the Borrower pursuant to such Term B Lender’s Term B Commitment, which Term B Loans: (i) can only be incurred on the Closing Date in the entire amount of each Term B Lender’s Term B Commitment; (ii) once prepaid or repaid, 30 Credit Agreement may not be reborrowed, (iii) may, except as set forth herein, at the option of the Borrower, be incurred and maintained as, or Converted into, Term B Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Term B Loans made as part of the same Term B Borrowing shall consist of Term B Loans of the same Type; (iv) shall be repaid in accordance with Section 2.13(b); and (v) shall not exceed (A) for any Term B Lender at the time of incurrence thereof the aggregate principal amount of such Term B Lender’s Term B Commitment, and (B) for all the Term B Lenders at the time of incurrence thereof the Total Term B Loan Commitment. The Term B Loans to be made by each Term B Lender will be made by such Term B Lender in the aggregate amount of its Term B Commitment in accordance with Section 2.07 hereof. The Term B Commitments shall automatically and immediately terminate after the making of the Term B Loans.

Term B Loan. On the Closing Date, each Term B Lender severally agrees, on (i) Subject to the terms and conditions set forth in this Agreementhereof, (A) each Term B Dollar Lender agrees to make a loan in Dollars (the “Term B Loan Dollar Loans”) to the Borrower pursuant to such Term B Lender’s Term B Commitment, which Term B Loans: (i) can only be incurred on the Closing Date in the entire aggregate principal amount of each Term B such Lender’s Term B Dollar Commitment; and (B) each Term B Euro Lender agrees to make a loan in Euros (the “Term B Euro Loans” and, together with the Term B Dollar Loans, the “Term B Loans”) to the Borrower on the Closing Date in the aggregate principal amount of such Lender’s Term B Euro Commitment. No amount of a Term B Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder. The Term B Dollar Loans (i) shall be advanced to the Borrower pursuant to a single drawing, which shall be on the Closing Date, (ii) once prepaid or repaid, 30 Credit Agreement may not shall be reborroweddenominated in Dollars, (iii) mayshall initially be Eurocurrency Loans with an Interest Period of up to one month, as determined by the Administrative Agent and, except as set forth hereinhereinafter provided, may, at the option of the Borrower, be incurred and maintained as, or Converted into, Term B Loans that are as and/or converted into Base Rate Loans or Eurodollar LoansEurocurrency Loans or a combination thereof, in each case denominated in Dollarsprovided, provided that all Term B Dollar Loans made as part of by the Term B Dollar Lenders pursuant to the same Term B Borrowing shall shall, unless otherwise specifically provided herein, consist entirely of Term B Dollar Loans of the same Type; (iv) shall be repaid in accordance with Section 2.13(b); and (v) shall not exceed (A) for any Term B Lender at the time of incurrence thereof the aggregate principal amount of such Term B Lender’s Term B Commitment, and (B) for all the Term B Lenders at the time of incurrence thereof the Total Term B Loan Commitment. The Term B Euro Loans (1) shall be advanced to the Borrower pursuant to a single drawing, which shall be on the Closing Date, (2) shall be denominated in Euros, (3) shall initially be made by each as Eurocurrency Loans with an Interest Period of one month, provided, that all Term B Lender will be Euro Loans made by such Term B Lender in the aggregate amount of its Term B Commitment in accordance with Section 2.07 hereof. The Term B Commitments shall automatically and immediately terminate after the making of the Term B LoansEuro Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term B Euro Loans of the same Type.

Term B Loan. On the Closing Date, each Each Term B Lender Lender, severally and for itself alone, hereby agrees, on the terms and subject to the conditions hereinafter set forth and in this Agreementreliance upon the representations and warranties set forth herein and in the other Loan Documents, to make a term loan (each such loan, a "Term B Loan Loan" and collectively, the "Term B Loans") to Company on the Initial Borrowing Date in an aggregate principal amount equal to the Borrower pursuant to Term B Commitment of such Term B Lender’s . The Term B Commitment, which Term B Loans: Loans (i) can only shall be incurred by Company pursuant to a single drawing, which shall be on the Closing Date in the entire amount of each Term B Lender’s Term B Commitment; Initial Borrowing Date, (ii) once prepaid or repaid, 30 Credit Agreement may not shall be reborroweddenominated in Dollars, (iii) mayshall be made as Base Rate Loans and, except as set forth hereinhereinafter provided, may, at the option of the BorrowerCompany, be incurred and maintained asas and/or combined into Base Rate Loans or Eurocurrency Loans, provided that except as permitted by Administrative Agent in its sole discretion, no incurrences of, or Converted conversions into, Term B Loans that are Base Rate maintained as Eurocurrency Loans or Eurodollar Loans, with an Interest Period in each case denominated in Dollars, provided that excess of thirty days (with all Term B Loans made as part of such Interest Periods ending on the same Term B day during such period) may be effected prior to the earlier of (1) the 90th day after the Initial Borrowing shall consist of Term B Loans of Date and (2) the same Type; Syndication Date, and (iv) shall be repaid in accordance with Section 2.13(b); and (v) shall not exceed (A) for any Term B Lender at the time of incurrence thereof on the Initial Borrowing Date that aggregate principal amount of such Term B Lender’s which equals the Term B Commitment, if any, of such Lender at such time. Each Term B Lender's Term B Commitment shall expire immediately and (B) for all without further action on the Initial Borrowing Date if the Term B Lenders at Loans are not made on the time Initial Borrowing Date. No amount of incurrence thereof the Total a Term B Loan Commitment. The Term B Loans to which is repaid or prepaid by Company may be made by each Term B Lender will be made by such Term B Lender in the aggregate amount of its Term B Commitment in accordance with Section 2.07 hereof. The Term B Commitments shall automatically and immediately terminate after the making of the Term B Loansreborrowed hereunder.

Term B Loan. On Subject to all of the Closing Dateterms and conditions hereof, the Lenders severally agree to make a term loan in U.S. Dollars (the "Term B Loan") to the Borrower under the Term Credit in an amount not to exceed their Term B Credit Commitments. Term B Loan shall be disbursed in a single advance made, if at all, on or before June 15, 1998, at which time the commitments of the Lenders to make Term B Loan shall expire. Each Lender shall advance a pro rata share of Term B Loan in accordance with the amounts of their respective Term B Percentages. Each Lender's pro rata share of Term B Loan shall be evidenced by a Term B Note of the Borrower (individually a "Term B Note" and collectively the "Term B Notes") payable to the order of such Lender in the amount of its pro rata share of Term B Loan, each Term B Lender severally agreesNote to be in the form (with appropriate insertions) attached hereto as Exhibit C. Each Term B Note shall be expressed to mature in twenty-eight (28) installments, commencing on September 30, 1998 and continuing on the terms last day of each calendar quarter occurring thereafter to and conditions set forth in this Agreementincluding March 31, to make a 2005 plus the final twenty-eighth installment due on May 31, 2005, with the principal installments on the Term B Loan Notes to aggregate $125,000 per installment through and including June 30, 2003, $3,437,500 per installment thereafter and through and including March 31, 2005 and with the Borrower pursuant to such Term B Lender’s Term B Commitment, which Term B Loans: (i) can only be incurred final principal installment on the Closing Date in the entire amount of each Term B Lender’s Term B Commitment; (ii) once prepaid or repaid, 30 Credit Agreement may not be reborrowed, (iii) may, except as set forth herein, at the option of the Borrower, be incurred and maintained as, or Converted into, Term B Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Term B Loans made as part of the same Term B Borrowing shall consist of Term B Loans of the same Type; (iv) shall be repaid in accordance with Section 2.13(b); and (v) shall not exceed (A) for any Term B Lender at the time of incurrence thereof the aggregate principal amount of such Term B Lender’s Term B Commitment, and (B) for all the Term B Lenders at Notes to aggregate in an amount equal to all principal and interest not sooner paid, and with the time of incurrence thereof the Total Term B Loan Commitment. The Term B Loans to be made by each Term B Lender will be made by such Term B Lender in the aggregate amount of its Term B Commitment in accordance with Section 2.07 hereof. The Term B Commitments shall automatically and immediately terminate after the making of each installment due on the Term B LoansNote held by each Lender to be equal to such Lender's Term B Percentage of such installment.