Term Loan B Loans. The Lenders having Term Loan B Commitments agree severally, and not jointly, upon the terms and subject to the conditions of this Agreement to lend to the Borrower on the Agreement Date amounts which do not exceed, (i) in the aggregate at any one time outstanding, the Term Loan B Commitments and, (ii) individually, such Lender's Term Loan B Commitment; PROVIDED, HOWEVER, that amounts repaid under the Term Loan B Commitments may not be reborrowed.
Term Loan B Loans. With respect to any Term Loan B Loans, the Applicable Margin shall be, (a) with respect to Base Rate Advances, 2.500%, and (b) with respect to LIBOR Advances, 3.500%.
Term Loan B Loans. With respect to any Advance under the Term Loan B Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows: Total Leverage Ratio Base Rate Advance Applicable Margin LIBOR Advance Applicable Margin A. Greater than 7.00:1.00 2.000 % 3.000 % B. Less than or equal to 7.00:1.00 1.750 % 2.750 %
Term Loan B Loans. The Lenders who issued a Term Loan B Commitment agree, severally, in accordance with their respective Commitment Ratios for Term Loan B Loans, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower on the Agreement Date an amount not to exceed in the aggregate the Term Loan B Commitments. Once repaid, Advances under the Term Loan B Commitments may not be reborrowed.
Term Loan B Loans. The outstanding principal of the Term Loan B Loans shall be repaid in installments payable on the last day of each calendar quarter commencing on March 31, 2004 and ending on September 30, 2007 as set forth in the following table: Date Quarterly Installment Payment ---- ----------------------------- March 31, 2004 $ 1,187,500 June 30, 2004 $ 1,187,500 September 30, 2004 $ 1,187,500 December 31, 2004 $ 1,187,500 March 31, 2005 $ 1,187,500 June 30, 2005 $ 1,187,500 September 30, 2005 $ 1,187,500 December 31, 2005 $ 1,187,500 March 31, 2006 $ 1,187,500 June 30, 2006 $ 1,187,500 September 30, 2006 $ 1,187,500 December 31, 2006 $ 1,187,500 March 31, 2007 $ 153,583,333 June 30, 2007 $ 153,583,333 September 30, 2007 Balance of outstanding Term Loan B Loans (each of the foregoing dates, a "Term Loan B Scheduled Installment Date").
Term Loan B Loans. The Term Loan B Loans were advanced prior to the Agreement Date under the Prior Loan Agreement and as of the Agreement Date the principal amount of the Term Loan B Loans outstanding is $491,996,602.89 (after giving effect to prepayments made prior to the Agreement Date under the Prior Loan Agreement). Amounts repaid under the Term Loan B Commitments may not be reborrowed.
Term Loan B Loans. The Lenders who issued a "Term Loan B Commitment" under, and as defined in, the Prior Loan Agreement have previously lent to the Borrower the amount in the aggregate of $237,500,000.00 of which $237,500,000.00 is outstanding on the Agreement Date. The Borrower hereby acknowledges that all "Obligations" in respect of the "Term Loan B Loans" outstanding under the "Term Loan B Commitment" (as such terms are defined in the Prior Agreement) shall be deemed to have been made to the Borrower as Advances under the Term Loan B Commitments hereunder and shall constitute a portion of the Obligations. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance into a LIBOR Advance or a LIBOR Advance into a Base Rate Advance or (ii) Continue a LIBOR Advance as a LIBOR Advance; provided, however, that there shall be no increase in the principal amount of the Term Loan B Loans outstanding after the Agreement Date.
Term Loan B Loans. (a) Each Borrower hereby acknowledges, confirms and agrees that as of June 19, 2015, the aggregate principal amount outstanding in respect of the Term Loans B is $42,500,000. On the Amendment No. 7 Effective Date, subject to and upon the terms and conditions contained herein, each Term Loan B Lender severally (and not jointly) agrees to make additional Term Loans B to Borrowers (or Administrative Borrower on behalf of Borrowers) in the respective amounts set forth on Annex I hereto. Such Term Loans B, together with the amount outstanding in respect of the Term Loans B immediately prior thereto, shall constitute the Term Loans B, the aggregate outstanding amount of which as of the Amendment No. 7 Effective Date is equal to $72,500,000.
Term Loan B Loans. (a) Subject to the terms and conditions hereof, each Term Loan B Lender severally agrees to make term loans to the Borrower on the Closing Date in an aggregate principal amount equal to such Lender’s Term Loan B Commitment. The Term Loan B Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.6 and 2.13.
Term Loan B Loans. Without limiting the generality of the foregoing, subject to the terms and conditions hereof and the occurrence of the Restatement Date:
