Term B1 Loans Sample Clauses

Term B1 Loans. In addition to Borrowings of Revolving Credit Loans pursuant to paragraph (a) above, and subject to the terms and conditions set forth herein, during the Term Loan Availability Period, each Term Bi Loan Lender agrees to make Term Bi Loans (each such term loan being herein called a "Term B 1 Loan" to the Borrower in the full amount of its Term B 1 Loan Commitment; provided that (i) the total outstanding principal amount of Term Bi Loans (after giving effect to the requested Term Bi Borrowing) shall not at any time exceed the total Term Bi Loan Commitments; (ii) Borrowings of Term Bi Loans may only be made (x) on the Effective Date and (y) on the Refunding Borrowing Date; (iii) the Borrowing of Term Bi Loans made on the Effective Date shall not exceed an aggregate amount equal to (x) the total amount of the Term Bi Loan Commitments minus (y) the amount necessary to consummate the Holding Company Notes Refunding; and (iv) the Borrowing of Term Bi Loans xxxx.xx the Refunding Borrowing Date shall not exceed the amount necessary to consummate the Holding Company Notes Refunding. The principal amounts of Term Bi Loans which have been repaid or prepaid may not be reborrowed.
Sample 1Sample 2
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Term B1 Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B1 Lenders the aggregate principal amount of all Term B1 Loans outstanding on the last Business Day of each fiscal quarter set forth below in an amount equal to the percentage set forth opposite such dates of the aggregate outstanding principal amount of the Term B1 Loans as of the Term B1 Facility Effective Date (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): Date
Sample 1
Term B1 Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B1 Lenders the aggregate principal amount of all Term B1 Loans outstanding 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 or increased as a result of any increase in the amount of Term B1 Loans pursuant to Section 2.13 (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Term B1 Loans made as of the Closing Date)): March 31, 2007 $ 2,250,000 June 30, 2007 $ 2,250,000 September 30, 2007 $ 2,250,000 December 31, 2007 $ 2,250,000 March 31, 2008 $ 2,250,000 June 30, 2008 $ 2,250,000 September 30, 2008 $ 2,250,000 December 31, 2008 $ 2,250,000 March 31, 2009 $ 2,250,000 June 30, 2009 $ 2,250,000 September 30, 2009 $ 2,250,000 December 31, 2009 $ 2,250,000 March 31, 2010 $ 2,250,000 June 30, 2010 $ 2,250,000 September 30, 2010 $ 2,250,000 December 31, 2010 $ 2,250,000 March 31, 2011 $ 2,250,000 June 30, 2011 $ 2,250,000 September 30, 2011 $ 2,250,000 December 31, 2011 $ 2,250,000 March 31, 2012 $ 2,250,000 June 30, 2012 $ 2,250,000 September 30, 2012 $ 211,500,000 December 31, 2012 $ 211,500,000 March 31, 2013 $ 211,500,000 Maturity Date $ 211,500,000 provided, however, that the final principal repayment installment of the Term B1 Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term B1 Loans outstanding on such date.”
Sample 1
Term B1 Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B1 Lenders the aggregate principal amount of all Term B1 Loans outstanding 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): Date Amount May 27, 2005 $ 1,625,000.00 August 27, 2005 $ 1,625,000.00 November 27, 2005 $ 1,625,000.00 February 27, 2006 $ 1,625,000.00 May 27, 2006 $ 1,625,000.00 August 27, 2006 $ 1,625,000.00 November 27, 2006 $ 1,625,000.00 February 27, 2007 $ 1,625,000.00 May 27, 2007 $ 1,625,000.00 August 27, 2007 $ 1,625,000.00 November 27, 2007 $ 1,625,000.00 February 27, 2008 $ 1,625,000.00 May 27, 2008 $ 1,625,000.00 August 27, 2008 $ 1,625,000.00 November 27, 2008 $ 1,625,000.00 February 27, 2009 $ 1,625,000.00 May 27, 2009 $ 1,625,000.00 August 27, 2009 $ 1,625,000.00 November 27, 2009 $ 1,625,000.00 February 27, 2010 $ 1,625,000.00 May 27, 2010 $ 1,625,000.00 August 27, 2010 $ 1,625,000.00 November 27, 2010 $ 1,625,000.00 February 27, 2011 $ 606,125,000.00 provided, however, that the final principal repayment installment of the Term B1 Loans shall be repaid on the Maturity Date for the Facility under which such Loans were made and in any event shall be in an amount equal to the aggregate principal amount of all Term B1 Loans outstanding on such date.”
Sample 1
Term B1 Loans. The Borrower shall repay the Term B1 Loans in twenty-eight (28) installments, payable on the principal payment dates specified in the table below, in an amount for each such scheduled installment equal to the amount set forth opposite the scheduled principal payment date for such scheduled installment in the table below: Principal Payment Date Amount 03/31/07 $ 287,500 06/30/07 $ 287,500 09/30/07 $ 287,500 12/31/07 $ 287,500 03/31/08 $ 287,500 06/30/08 $ 287,500 09/30/08 $ 287,500 12/31/08 $ 287,500 03/31/09 $ 287,500 06/30/09 $ 287,500 09/30/09 $ 287,500 12/31/09 $ 287,500 03/31/10 $ 287,500 06/30/10 $ 287,500 09/30/10 $ 287,500 12/31/10 $ 287,500 03/31/11 $ 287,500 06/30/11 $ 287,500 09/30/11 $ 287,500 12/31/11 $ 287,500 03/31/12 $ 287,500 06/30/12 $ 287,500 09/30/12 $ 287,500 12/31/12 $ 287,500 03/31/13 $ 287,500 06/30/13 $ 287,500 09/30/13 $ 287,500 11/21/13 $ 107,237,500 Regent-Amendment No. 1
Sample 1

Related to Term B1 Loans

  • 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): Date Amount 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 A Loans The Parent Borrower shall repay the Term A Loans in the applicable currency of such Term A Loans in quarterly principal installments as follows:

  • Term Loans Subject to the terms and conditions of this Agreement, on the Closing Date, each Lender then party to this Agreement severally (and not jointly) made a term loan to Borrowers (collectively, the “Existing Term Loans”) in an amount equal to $20,000,000. Subject to the terms and conditions of this Agreement and the First Amendment, on the First Amendment Effective Date, each Lender severally (and not jointly) agrees to make an additional term loan to Borrowers (collectively, the “First Amendment Term Loans”) in an amount equal to such Lxxxxx’s Term Loan Commitment, such that after giving effect to the First Amendment on the First Amendment Effective Date, the aggregate principal amount of the Term Loans hereunder shall be $40,000,000. Subject to the terms and conditions of this Agreement and the Second Amendment, on the Second Amendment Effective Date, each Lender severally (and not jointly) agrees to make an additional term loan to Borrowers (collectively, the “Second Amendment Term Loans,” and together with the Existing Term Loan and the First Amendment Term Loans, collectively, the “Term Loans”), in an amount equal to such Lxxxxx’s Term Loan Commitment, such that after giving effect to the Second Amendment on the Second Amendment Effective Date, the aggregate principal amount of the Term Loans hereunder shall be $60,000,000. All Term Loans shall be made in and repayable in Dollars. Amounts repaid in respect of Term Loans may not be reborrowed, and upon each Lender’s making of the Second Amendment Term Loans on the Second Amendment Effective Date, any then outstanding Term Loan Commitment of such Lender shall be terminated (it being understood and agreed that the initial Term Loan Commitments of $20,000,000, under and as defined in this Agreement as in effect on the Closing Date, were reduced to $0 upon the funding of the Existing Term Loans on the Closing Date and the Term Loan Commitments of $20,000,000, under and as defined in this Agreement as in effect on the First Amendment Effective Date, were reduced to $0 upon the funding of the First Amendment Term Loans on the First Amendment Effective Date).

  • Term Loan The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay the Term Loan in whole or in part together with the applicable Prepayment Premium; provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three Business Days prior to any date of prepayment of LIBOR Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B) any such prepayment of LIBOR Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (C) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (D) any prepayment of the Term Loan shall be applied in the inverse order of maturity with respect to the remaining amortization payments. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a LIBOR Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. On the date of any voluntary prepayment of any Term Loan pursuant to this Section 2.05(a)(ii), the Borrower shall pay to the Administrative Agent, for the benefit of the Lenders, whether before or after an Event of Default, the applicable Prepayment Premium. Subject to Section 2.15, each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages.

  • Incremental Loans Any Incremental Term Loans or Incremental Revolving Commitments effected through the establishment of one or more new term loans or new revolving credit commitments, as applicable, made on an Incremental Facility Closing Date (other than a Loan Increase) shall be designated a separate Class of Incremental Term Loans or Incremental Revolving Commitments, as applicable, for all purposes of this Agreement. On any Incremental Facility Closing Date on which any Incremental Term Commitments of any Class are effected (including through any Term Loan Increase), subject to the satisfaction of the terms and conditions in this Section 2.14, (i) each Incremental Term Lender of such Class shall make a Loan to the Borrower (an “Incremental Term Loan”) in an amount equal to its Incremental Term Commitment of such Class and (ii) each Incremental Term Lender of such Class shall become a Lender hereunder with respect to the Incremental Term Commitment of such Class and the Incremental Term Loans of such Class made pursuant thereto. On any Incremental Facility Closing Date on which any Incremental Revolving Commitments of any Class are effected through the establishment of one or more new revolving credit commitments (including through any Revolving Commitment Increase), subject to the satisfaction of the terms and conditions in this Section 2.14, (i) each Incremental Revolving Lender of such Class shall make its Commitment available to the Borrower (when borrowed, an “Incremental Revolving Loan” and collectively with any Incremental Term Loan, an “Incremental Loan”) in an amount equal to its Incremental Revolving Commitment of such Class and (ii) each Incremental Revolving Lender of such Class shall become a Lender hereunder with respect to the Incremental Revolving Commitment of such Class and the Incremental Revolving Loans of such Class made pursuant thereto.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Revolving Loan Borrowings (i) Each Borrowing of Revolving Loans shall be made on notice given by a Borrower to the Revolving and LC Administrative Agent not later than 11:00 a.m. (New York time) (A) on the Business Day of the proposed Borrowing, in the case of a Borrowing of Base Rate Loans and (B) three Business Days prior to the date of the proposed Borrowing, in the case of a Borrowing of Eurodollar Rate Loans. Each such notice shall be in substantially the form of Exhibit C-2 (a “Notice of Revolving Borrowing”) (or shall be made by telephone and the same information shall be confirmed promptly thereafter in writing), specifying (1) the date of such proposed Borrowing, (2) the aggregate amount of such proposed Borrowing, (3) whether any portion of the proposed Borrowing will be of Base Rate Loans or Eurodollar Rate Loans, (4) the initial Interest Period or Interest Periods for any such Eurodollar Rate Loans, and (5) remittance instructions. The Revolving Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Revolving Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans. Each Borrowing of Revolving Loans shall be in an aggregate amount that is an integral multiple of $1,000,000.00 (or $500,000.00 with respect to Swing Loans) and shall be allocated ratably in accordance with each Revolving Lender’s Revolving Commitment.

  • Tranche B Loans Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a) and Article 6), each Tranche B Lender severally agrees to make one or more loans to the Borrower from time to time from and including the New Advance Date to but excluding the Tranche B Commitment Termination Date up to but not exceeding the amount of such Tranche B Lender's Tranche B Commitment as then in effect; provided, however, that the aggregate outstanding principal amount of the Tranche B Loans and the aggregate outstanding principal amount of the Tranche C Loans used to pay Permitted Third-Party Expenses shall not at any time exceed the Permitted Third-Party Expenses Borrowing Base. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche B Loans is $1,040,430.75, which amount shall be deemed outstanding as Tranche B Loans hereunder. (Such loans referred to in this Section 2.1(b) now or hereafter made or deemed made by the Tranche B Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche B Commitment Termination Date, are hereinafter collectively called the "Tranche B Loans".) The Borrower may not reborrow the Tranche B Loans which have been repaid. The parties hereto hereby agree that, as of the Closing Date, the aggregate outstanding principal amount of the Tranche B Loans is $1,040,430.75.

  • Term Loan Advances Subject to Section 2.5(b), the principal amount outstanding under each Term Loan Advance shall accrue interest at a floating per annum rate equal to two and three quarters of one percent (2.75%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.5(d) below.

  • Term Loan Commitments Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a term loan (the “Term Loan”) to the Borrower on the Closing Date in such principal amount as the Borrower shall request up to, but not exceeding such Lender’s Term Loan Commitment.

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