Common use of Term of Increase Clause in Contracts

Term of Increase. Any Incremental Term Loans made pursuant to any increase in the Term Facility shall be made on the same terms (including, without limitation, interest terms, payment terms and maturity terms), and shall be subject to the same conditions as existing Term Loans (it being understood that customary arrangement or commitment fees payable to one or more arrangers (or their affiliates) or one or more Increasing Term Lenders, as the case may be, may be different than those paid with respect to the Lenders under the Term Facility on or prior to the Closing Date or with respect to any other Increasing Term Lender in connection with any other increase in the Term Facility pursuant to this Section 2.18) provided, however, that at the election of the Company the Incremental Term Loans may be implemented through additional new tranches of term loans instead of being implemented as an increase in the existing Term Facility with (i) a final maturity date occurring later than the Maturity Date for the existing Term Facility, (ii) a longer weighted average life to maturity of the Incremental Term Loans than the weighted average life to maturity of the existing Term Loans, (iii) interest rates and amortization schedules applicable to the Incremental Term Loans determined by the Company and the Increasing Term Lenders, and (iv) with such other changes as may be approved by the Required Lenders.

Term of Increase. Any Incremental Term Loans made pursuant to any increase in the Term Facility shall be made on the same terms (including, without limitation, interest terms, payment terms and maturity terms), and shall be subject to the same conditions as existing Term Loans (it being understood that customary arrangement or commitment fees payable to one or more arrangers (or their affiliates) or one or more Increasing Term Lenders, as the case may be, may be different than those paid with respect to the Lenders under the Term Facility on or prior to the Closing Date or with respect to any other Increasing Term Lender in connection with any other increase in the Term Facility pursuant to this Section 2.18) provided, however, that at the election of the Company the Incremental Term Loans may be implemented through additional new tranches of term loans (instead of being implemented as an increase in the existing Term Facility Facility) with (i) a final maturity date occurring later than the Maturity Date for the existing Term Facility, (ii) a longer weighted average life to maturity of the such Incremental Term Loans than the weighted average life to maturity of the existing Term Loans, (iii) interest rates and amortization schedules applicable to the such Incremental Term Loans determined by the Company and the Increasing Term Lenders, and (iv) with such other changes as may be approved by the Required Lenders.

Term of Increase. Any Incremental Term Loans made pursuant to any increase in the Term Facility shall be made on the same terms (including, without limitation, interest terms, payment terms and maturity terms), and shall be subject to the same conditions as existing Term Loans (it being understood that customary arrangement or commitment fees payable to one or more arrangers (or their affiliates) or one or more Increasing Term Lenders, as the case may be, may be different than those paid with respect to the Lenders under the Term Facility on or prior to the Closing Date or with respect to any other Increasing Term Lender in connection with any other increase in the Term Facility pursuant to this Section 2.18) ); provided, however, that at the election of the Company the Incremental Term Loans may be implemented through additional new tranches of term loans (instead of being implemented as an increase in the existing Term Facility Facility) with (i) a final maturity date occurring later than the Maturity Date for the existing Term Facility, (ii) a longer weighted average life to maturity of the such Incremental Term Loans than the weighted average life to maturity of the existing Term Loans, (iii) interest rates and amortization schedules applicable to the such Incremental Term Loans determined by the Company and the Increasing Term Lenders, and (iv) with such other changes as may be approved by the Required Lenders.