Term B Loans. Each Term B Lender, severally and for itself alone, hereby agrees, on the terms and subject to the conditions hereinafter set forth and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, to make a loan (each such loan, a “Term B Loan” and collectively, the “Term B Loans”) to Company on the Closing Date in an aggregate principal amount equal to the Term B Commitment of such Term B Lender. The Term B Loans (i) shall be incurred by Company pursuant to a single drawing, (ii) shall be denominated in Dollars, (iii) shall be made as Base Rate Loans and, except as hereinafter provided, may, at the option of Company, be maintained as and/or converted into Base Rate Loans or Eurocurrency Loans, provided, that (x) all Term B Loans made by the Term B Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term B Loans of the same Type and (y) no incurrences of, or conversions into, Term B Loans maintained as Eurocurrency Loans with an Interest Period in excess of one month may be effected prior to the earlier of (1) the 30th day after the Closing Date and (2) the date (the “Syndication Date”) upon which Administrative Agent determines in its sole discretion (and notifies Company) that the primary syndication of the Facilities (and the resultant addition of Lenders pursuant to Section 12.8(c)) has been completed and (iv) shall not exceed for any Lender at the time of incurrence thereof on the Closing Date that aggregate principal amount which equals the Term B Loan Commitment of such Lender at such time. Each Term B Lender’s Term B Commitment shall expire immediately and without further action on the Closing Date after the making of the Loans. No amount of a Term B Loan which is repaid or prepaid by Company may be reborrowed hereunder.
Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders with Term B Loans (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Amendment No. 1 Effective Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term B Loans 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 B Loans, the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. The Parent Borrower shall repay the Term B Loans made by it in the applicable currency of such Term B Loans in quarterly principal installments as follows:
(i) in the amount of 0.25% of the aggregate principal amount of the Term B Loans made on the Restatement Effective Date, due and payable on the last day of each March, June, September and December, of each year commencing on the last day of such month falling on or after the last day of the first fiscal quarter of the Parent Borrower following the Restatement Effective Date and continuing until the last day of such quarterly period ending immediately prior to the Term B Loan Maturity Date; and
(ii) one final installment in the amount of the relevant Term B Loans then outstanding, due and payable on the Term B Loan Maturity Date; Prior to any repayment of any Term Borrowings, the Parent Borrower shall select the Class and Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by telephone (which shall be confirmed promptly by email) or written notice (including email) of such selection not later than 12:00 p.m., Local Time, three (3) Business Days before the scheduled date of such repayment; provided that to the extent the Parent Borrower does not specify in such notice the Borrowing or Borrowings to be repaid the Administrative Agent shall apply such amounts on a pro rata basis between all applicable Classes and Borrowings. Each such repayment of a Class and Borrowing shall be applied ratably to the Loans included in the repaid Class and Borrowing. Repayments of Term Borrowings shall be accompanied by accrued interest on the amount repaid.
Term B Loans. The Borrower shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans outstanding on the last Business Day of the quarter ending on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05): June 30, 2007 $ 6,875,000 September 30, 2007 $ 6,875,000 December 31, 2007 $ 6,875,000 March 31, 2008 $ 6,875,000 June 30, 2008 $ 6,875,000 September 30, 2008 $ 6,875,000 December 31, 2008 $ 6,875,000 March 31, 2009 $ 6,875,000 June 30, 2009 $ 6,875,000 September 30, 2009 $ 6,875,000 December 31, 2009 $ 6,875,000 March 31, 2010 $ 6,875,000 June 30, 2010 $ 6,875,000 September 30, 2010 $ 6,875,000 December 31, 2010 $ 6,875,000 March 31, 2011 $ 6,875,000 June 30, 2011 $ 6,875,000 September 30, 2011 $ 6,875,000 December 31, 2011 $ 6,875,000 March 31, 2012 $ 6,875,000 June 30, 2012 $ 6,875,000 September 30, 2012 $ 6,875,000 December 31, 2012 $ 6,875,000 March 31, 2013 $ 6,875,000 June 30, 2013 $ 6,875,000 September 30, 2013 $ 6,875,000 December 31, 2013 $ 6,875,000 provided, however, that the final principal repayment installment of the Term B Loans shall be repaid on the Maturity Date for the Term B Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Loan B Lenders on the Maturity Date the aggregate principal amount of the Term B Loans then outstanding, together with any accrued but unpaid interest thereon.
Term B Loans. Subject to adjustment as a result of the application of prepayments in accordance with Section 2.05, in each case, solely to the extent of any such amounts applied to the prepayment of the Term Loans, the Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders on each date set forth below in the principal amount of Term B Loans set forth below opposite such date: September 30, 2011 $ 2,175,000 December 31, 2011 $ 2,175,000 March 31, 2012 $ 2,175,000 June 30, 2012 $ 2,175,000 September 30, 2012 $ 2,175,000 December 31, 2012 $ 2,175,000 March 31, 2013 $ 2,175,000 June 30, 2013 $ 2,175,000 September 30, 2013 $ 2,175,000 December 31, 2013 $ 2,175,000 March 31, 2014 $ 2,175,000 June 30, 2014 $ 2,175,000 September 30, 2014 $ 2,175,000 December 31, 2014 $ 2,175,000 March 31, 2015 $ 2,175,000 June 30, 2015 $ 2,175,000 September 30, 2015 $ 2,175,000 December 31, 2015 $ 2,175,000 March 31, 2016 $ 2,175,000 June 30, 2016 $ 2,175,000 September 30, 2016 $ 2,175,000 December 31, 2016 $ 2,175,000 March 31, 2017 $ 2,175,000 June 30, 2017 $ 2,175,000 September 30, 2017 $ 2,175,000 December 31, 2017 $ 2,175,000 March 31, 2018 $ 2,175,000 May 16, 2018 $ 811,275,000
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans actually made on the Amendment No. 10 Effective Date (which principal amounts 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 shall be subject to adjustment for any applicable Incremental Increase of the Term B Facility), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal year ending September 30, 2021); provided, however, that the final principal repayment installment of the Term B Loans shall be repaid on the Maturity Date for the Term B Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. Please complete one of the two boxes immediately below (or leave blank if you do not hold any Term B Loans). By checking the box immediately below, you have indicated that you will be converting the entire aggregate principal amount of your Term B Loans into Term C Loans. Solely to the extent that you are converting less than the entire aggregate principal amount of your Term B Loans, please fill in the principal amount of your Term B Loans to be converted to Term C Loans: ☐ $ Conversion of Initial Revolving Credit Commitments. Please complete one of the two boxes immediately below (or leave blank if you do not hold any Initial Revolving Credit Commitments). By checking the box immediately below, you have indicated that you will be converting the entire aggregate principal amount of your Initial Revolving Credit Commitments into New Initial Revolving Commitments. Solely to the extent that you are converting less than the entire aggregate principal amount of your Initial Revolving Credit Commitments, please fill in the principal amount of your Initial Revolving Credit Commitments to be converted to New Initial Revolving Commitments: ☒ $ JPMORGAN CHASE BANK, N.A. By: /s/ Xxxx X. Xxxxxxxxx Name: Xxxx X. Xxxxxxxxx Title: Executive Director The undersigned hereby consents to all of the amendments reflected in the Amendment, including without limitation the amendments set forth in Sections 1 and 2 thereof, and agrees to convert (i) subject to the Term C Cap, the amount of Term B Loans indicated below into Term C Loans and (ii) the amount of Initial Revolving Credit Commitments indicated below into New Initial Revolving Commitments, in each case in accordance with the Amendment on the Second Amendment Effective Date:
Term B Loans. (a) The Successor Administrative Agent has prepared a schedule (the “Initial Term Loan B Commitment Schedule”) which sets forth the allocated commitments in respect of the Term B Loans (the “Initial Scheduled Term B Loan Commitments”) received by it from the Initial Term B Facility Lenders on the Amendment Effective Date. The Successor Administrative Agent has notified each Converting Lender and each Initial Term B Facility Lender of its allocated Initial Scheduled Term B Loan Commitment, and each of the Fronting Term B Lender and the Converting Lenders has provided its consent to the terms set forth in this agreement to each of the Original Administrative Agent and the Successor Administrative Agent.
(b) Upon the occurrence of the Amendment Effective Date:
(i) the outstanding aggregate principal amount of each Converting 2007 Term Loan Lender’s outstanding Existing 2007 Term Loans shall automatically be converted into Term B Loans in a partial satisfaction of such Converting 2007 Term Loan Lender’s Initial Scheduled Term B Loan Commitment (the “Existing 2007 Term Loan Conversion”);
(ii) the outstanding aggregate principal amount of each Converting 2012 Incremental Term Loan Lender’s outstanding Existing 2012 Incremental Term Loans shall automatically be converted into Term B Loans in a partial satisfaction of such Converting 2012 Incremental Term Loan Lender’s Initial Scheduled Term B Loan Commitment (the “Existing 2012 Incremental Term Loan Conversion”);
(iii) the outstanding aggregate principal amount of each Converting February 2012 Term Loan Lender’s outstanding Existing February 2012 Term Loans shall automatically be converted into Term B Loans in a partial satisfaction of such Converting 2012 Incremental Term Loan Lender’s Initial Scheduled Term B Loan Commitment (the “Existing February 2012 Term Loan Conversion”); and
(iv) the outstanding aggregate principal amount of each Converting May 2012 Term Loan Lender’s outstanding Existing May 2012 Term Loans shall automatically be converted into Term B Loans in a partial satisfaction of such Converting 2012 Incremental Term Loan Lender’s Initial Scheduled Term B Loan Commitment (the “Existing May 2012 Term Loan Conversion” and, together with the Existing 2007 Term Loan Conversion, the Existing 2012 Incremental Term Loan Conversion and the Existing May 2012 Term Loan Conversion, the “Term Loan Conversion”);
(c) each Converting Lender shall be deemed to have “made available” its Term B Loans to the Borrower...
