Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Closing Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31, 2015); 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.
Appears in 2 contracts
Sources: Credit Agreement (Aecom), Credit Agreement (Aecom Technology Corp)
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all 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 Closing Date, subject to adjustment for any applicable Incremental Term Loan 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 quarter year ending March 31September 30, 20152021); 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.
Appears in 2 contracts
Term B Loans. The Company Borrower shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Eleventh Amendment Closing Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (December, commencing on with the last Business Day of the fiscal quarter ending March 31, 2015)June 2024; 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.
Appears in 1 contract
Sources: Credit Agreement (Kbr, Inc.)
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Closing Amendment No. 5 Effective Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31June 30, 20152018); 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.
Appears in 1 contract
Sources: Credit Agreement (Aecom)
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Closing Amendment No. 5 Effective Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31June 30, 20152018); 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 datedate.[Reserved.]
Appears in 1 contract
Sources: Credit Agreement (Aecom)
Term B Loans. The Company Commencing on June 30, 2020, the Borrower shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Second Amendment Closing Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31, 2015)December; 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.
Appears in 1 contract
Sources: Credit Agreement (Kbr, Inc.)
Term B Loans. The Company Borrower shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Closing Date, subject to adjustment for any applicable Incremental Term Loan (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), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the first full fiscal quarter ending March 31, 2015after the Closing Date); 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.
Appears in 1 contract
Sources: Credit Agreement (Kbr, Inc.)
Term B Loans. The Company Borrower shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans outstanding on the last Business Day of each fiscal quarter (with the first such payment date being the last Business Day of the first full fiscal quarter of the Borrower ending after the Closing Date) in quarterly principal installments an amount equal to 0.25% of the aggregate initial aggregate principal amount of the Term B Loans actually made on the Closing Date, subject Date pursuant to adjustment for any applicable Incremental Term Loan Section 2.01(c) (which principal amounts shall be reduced as a result of the application of mandatory and voluntary prepayments in accordance with the order of priority as set forth in Section 2.05), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31, 2015herein); 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.
Appears in 1 contract
Sources: Credit Agreement (QuidelOrtho Corp)
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all 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 Closing Date, subject to adjustment for any applicable Incremental Term Loan Amendment No. 1014 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 quarter year ending March 31September 30, 201520212024); 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.
Appears in 1 contract
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of all Term B Loans in quarterly principal consecutive installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans on the Closing last Business Day of each March, June, September and December, beginning on the Initial Amortization Date, subject to adjustment for any applicable Incremental Term Loan in the same respective amounts (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), 2.05 or reductions of Term B Commitments in accordance with Section 2.06) as required for the Existing Term B Loans under the Existing Credit Agreement on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal quarter ending March 31, 2015)Closing Date; 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.
Appears in 1 contract
Sources: Credit Agreement (Arris Group Inc)