Common use of Terms of Incremental Term Loans Clause in Contracts

Terms of Incremental Term Loans. (i) the maturity date and principal amortization for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date; provided that no Incremental Term Loan will have a shorter weighted average life to maturity than the remaining weighted average life to maturity of the Initial Term Loan or a maturity date earlier than the Term Loan Maturity Date; (ii) the Applicable Margin and pricing grid, if applicable, for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date and shall be reasonably acceptable to the Administrative Agent; (iii) except as provided in this Section 2.7, all other terms and conditions applicable to any Incremental Term Loan shall be consistent with the terms and conditions applicable to the Initial Term Loan; and (iv) each Incremental Term Loan shall constitute US Obligations or Cayman Obligations, as applicable, of the applicable Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis.

Terms of Incremental Term Loans. (i) the maturity date and principal amortization for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date; provided that no Incremental Term Loan will have a shorter weighted average life to maturity than the remaining weighted average life to maturity of the Initial InitialThird Amendment Term Loan or a maturity date earlier than the Term Loan Maturity Date; ; (ii) the Applicable Margin and pricing grid, if applicable, for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date and shall be reasonably acceptable to the Administrative Agent; ; (iii) except as provided in this Section 2.7, all other terms and conditions applicable to any Incremental Term Loan shall be consistent with the terms and conditions applicable to the Initial InitialThird Amendment Term Loan; and and (iv) each Incremental Term Loan shall constitute US Obligations or Cayman Obligations, as applicable, of the applicable Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis.

Terms of Incremental Term Loans. (i) the maturity date and principal amortization for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date; provided that no Incremental Term Loan will have a shorter weighted average life to maturity than the remaining weighted average life to maturity of the Initial Term Loan or a maturity date earlier than the Term Loan Maturity Date; ; (ii) the Applicable Margin and pricing grid, if applicable, for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date and shall be reasonably acceptable to the Administrative Agent; ; (iii) except as provided in this Section 2.7, all other terms and conditions applicable to any Incremental Term Loan shall be consistent with the terms and conditions applicable to the Initial Term Loan; and and (iv) each Incremental Term Loan shall constitute US Obligations or Cayman Obligations, as applicable, of the applicable Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis.

Terms of Incremental Term Loans. (i) the maturity date and principal amortization for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date; provided that no Incremental Term Loan will have a shorter weighted average life to maturity than the remaining weighted average life to maturity of the Initial Term Loan or a maturity date earlier than the Term Loan Maturity Date; ; (ii) the Applicable Margin and pricing grid, if applicable, for each Incremental Term Loan shall be determined by the applicable Incremental Lenders and the Borrower Agent on the applicable Increase Effective Date and shall be reasonably acceptable to the Administrative Agent; ; (iii) except as provided in this Section 2.7, all other terms and conditions applicable to any Incremental Term Loan shall be consistent with the terms and conditions applicable to the Initial Term Loan; and and (iv) each Incremental Term Loan shall constitute US Obligations or Cayman Obligations, as applicable, of the applicable Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis.. 47 142128979_6 170630523_7