Common use of Term B Loans Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Summit Materials, Inc.), Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, Inc.)

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Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B 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 Closing Date, an aggregate amount equal to 0.250.625% of the aggregate principal amount of all Term B Loans outstanding on the Amendment No. 1 Effective Closing 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 LoansFacility, the aggregate principal amount of all Term B Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Gentiva Health Services Inc), Credit Agreement (Gentiva Health Services Inc)

Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders with Term B Loans (i) on the last Business Day of each MarchFebruary, JuneMay, September August and DecemberNovember, commencing with the first full quarter after the Amendment No. 1 Effective Datelast Business Day of February, 2008, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Amendment No. 1 Effective Closing 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 LoansFacility, the aggregate principal amount of all Term B Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (MSCI Inc.), Credit Agreement (MSCI Inc.)

Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B 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 Restatement 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 Restatement 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.

Appears in 1 contract

Samples: Credit Agreement (Wendy's Co)

Term B Loans. The Parent Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders with Term B Loans (iA) on the last Business Day of each March, June, September and December, December commencing with the first full quarter after the Amendment No. 1 Effective DateJune 30, 2014, an aggregate principal 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 (iiB) on the Maturity Date for the Term B Loans, the aggregate principal amount of all Term B Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Quintiles IMS Holdings, Inc.)

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Term B Loans. The Borrower U.S. Borrowers shall repay to the Administrative Agent for the ratable account of the Term B 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 DateMarch 31, 2022, an aggregate principal amount of Initial Term B Loans incurred on the Closing Date equal to 0.25% of the aggregate principal amount of all Initial Term B Loans outstanding on the Amendment No. 1 Effective Closing 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 Initial Term B Loans, the aggregate principal amount of all Initial Term B Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (CONDUENT Inc)

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 Datelast Business Day of June 2011, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Amendment No. 1 Effective Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with as directed by the order of priority set forth in Borrower pursuant to 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.

Appears in 1 contract

Samples: Credit Agreement (IASIS Healthcare LLC)

Term B Loans. The Parent Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders with Term B Loans (iA) on the last Business Day of each March, June, September and December, December commencing with the first full quarter after the Amendment No. 1 Effective DateJune 30, 2014, an aggregate principal 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 (iiB) on the Maturity Date for the Term B Loans, the aggregate principal amount of all Term B Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Quintiles IMS Holdings, Inc.)

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