The Term B Borrowings. Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
The Term B Borrowings. Subject to the terms and conditions set forth herein:
(i) each Dollar Term B-1 Lender severally agrees to make to the Borrowers a single loan (a “Dollar Term B-1 Loan”) denominated in Dollars in a principal amount equal to such Dollar Term B-1 Lender’s Dollar Term B-1 Commitment on the Closing Date;
(ii) each Euro Term B-1 Lender severally agrees to make to the Borrowers a single loan (a “Euro Term B-1 Loan”) denominated in Euro in a principal amount equal to such Euro Term B-1 Lender’s Euro Term B-1 Commitment on the Closing Date; and
(iii) each Term B-2 Lender severally agrees to make to the Borrowers a single loan (a “Term B-2 Loan”) denominated in Dollars in a principal amount equal to such Term B-2 Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Dollar Term B-1 Loans and Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans and Euro Term B Loans shall be Eurocurrency Rate Loans, in each case, as further provided herein.
The Term B Borrowings. (i) The Additional Term B Lender agrees to make a term loan to the Borrower in Dollars (a “Term B Loan”) on the Amendment No. 1 Effective Date in an aggregate amount not to exceed the amount of the Additional Term B Commitment and (ii) each Converted Original Term Loan of each Amendment No. 1 Consenting Lender shall be converted into a Term B Loan of such Lender effective as of the Amendment No. 1 Effective Date in a principal amount equal to the principal amount of such Lender’s Converted Original Term Loan immediately prior to such conversion; provided that the Term B Loans shall initially consist of a Eurocurrency Rate Loan with an Interest Period ending March 28, 2013 and the Eurocurrency Rate for such Interest Period shall be deemed to be 1.25%. Amounts repaid with respect to Term B Loans may not be reborrowed.
The Term B Borrowings. Subject to the terms and conditions set forth herein and in the Second Amendment and Restatement Agreement, each Term B Lender severally agrees to make (or be deemed to make), on the Second Restatement Effective Date, a single loan in Dollars to the Company in an amount equal to such Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(i) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
The Term B Borrowings. Subject to the terms and conditions set forth in the Distribution Agreement, the Initial Term Lender agrees to make, on the date of the Contribution, a single loan in Dollars to the Borrower in an amount equal to 100% of its Term B Commitment; provided that the Initial Term Lender’s obligation to make a Term B Loan to the Borrower on such date shall be satisfied by its transfer of the Acquired Business to the Borrower as contemplated by the Distribution Agreement. After the occurrence of the Contribution and prior to but substantially concurrently with the occurrence of the Spin-Off, the Existing Tranche B Lenders shall participate in the exchange by the Initial Term Lender of its Term B Loan for a like amount of the Existing Tranche B Loans held by the Existing Tranche B Lenders subject to the terms and conditions set forth in this Agreement and in the Exchange Agreement. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
The Term B Borrowings. (i) Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date.
(ii) The Incremental Amendment No. 1 Term B Lender agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to its Incremental Amendment No. 1 Term B Commitment on the Incremental Amendment No. 1
The Term B Borrowings. Subject to the terms and conditions set forth herein and in the 20172018 Refinancing Amendment, (i) each Continuing Term B Lender (as defined in the 20172018 Refinancing Amendment) has agreed to continue all (or such lesser amount as the applicable Lead Arrangers may allocate) of its existingExisting Term B Loans (as defined in the Existing Credit Agreement2018 Refinancing Amendment) outstanding on the 20172018 Refinancing Amendment Effective Date as New2018 Term B Loans and (ii) each Additional Term B Lender (as defined in the 20172018 Refinancing Amendment) has agreed to make to the Borrowers a single loan denominated in Dollars in a principal amount equal to such Additional Term B Lender’s Additional Term B Commitment under (and as defined in) the 20172018 Refinancing Amendment, in each case, on the 20172018 Refinancing Amendment Effective Date. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
The Term B Borrowings. Subject to the terms and conditions set forth herein and in the 2017 Refinancing Amendment, (i) each Continuing Term B Lender (as defined in the 2017 Refinancing Amendment) has agreed to continue all (or such lesser amount as the applicable Lead Arrangers may allocate) of its existing Term B Loans (as defined in the Existing Credit Agreement) outstanding on the 2017 Refinancing Amendment Effective Date as New Term B Loans and (ii) each Additional Term B Lender (as defined in the 2017 Refinancing Amendment) has agreed to make to the Borrowers a single loan denominated in Dollars in a principal amount equal to such Additional Term B Lender’s Additional Term B in Section 3.06). All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitments shall be paid on the effective date of such termination.
The Term B Borrowings. Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to convert all of its existing advances in respect of the Polaris Facility to a Term B Loan to the Borrower on the Closing Date. The Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Pro Rata Share of the Term B Facility. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
The Term B Borrowings. (i) Each Term B-2 Lender severally agrees to make to the Term B-2 Borrowers (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B-2 Lender’s Term B-2 Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a)(i) and repaid or prepaid may not be reborrowed. Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
(i) Each Term B-1 Lender severally agrees to make to the US Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a)(ii) and repaid or prepaid may not be reborrowed. Term B-1 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
