Tranche B-1 Term Loans. Subject to the terms and conditions set forth herein, each Tranche B¬1 Term Loan Lender severally agrees to exchange Existing Term Loans for Tranche B-1 Term Loans and/or make Tranche B-1 Term Loans to the Borrower in a single borrowing in Dollars on the Amendment No. 1
Tranche B-1 Term Loans. On the last Business Day of each fiscal quarter of the Borrowers, commencing with the fiscal quarter ending on December 31, 2019, the Borrowers shall pay to the Administrative Agent, for the account of the Tranche B-1 Term Loan Lenders, a principal amount of the Tranche B-1 Term Loans (as adjusted from time to time pursuant to Sections 2.05 and 2.06(b)) equal to 1.00% per annum of the aggregate principal amount of the Tranche B-1 Term Loans as of the Amendment No. 1
Tranche B-1 Term Loans. On each Quarterly Payment Date commencing June 30, 2012, the Borrower shall repay to the Tranche B-1 Term Lenders an aggregate principal amount of Tranche B-1 Term Loans equal to the amounts set forth below (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); provided, however, that the final principal repayment installment of the Tranche B-1 Term Loans shall be repaid on the Tranche B-1 Term Loan Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Tranche B-1 Term Loans outstanding on such date.: June 30, 2012 $ 5,000,000 September 30, 2012 $ 5,000,000 December 31, 2012 $ 5,000,000 March 31, 2013 $ 5,000,000 June 30, 2013 $ 5,000,000 September 30, 2013 $ 5,000,000 December 31, 2013 $ 5,000,000 March 31, 2014 $ 10,000,000 June 30, 2014 $ 10,000,000 September 30, 2014 $ 10,000,000 December 31, 2014 $ 10,000,000 March 31, 2015 $ 10,000,000 June 30, 2015 $ 10,000,000 September 30, 2015 $ 10,000,000 December 31, 2015 $ 20,000,000 March 31, 2016 $ 10,000,000 June 30, 2016 $ 10,000,000 September 30, 2016 $ 10,000,000 December 21, 2016 $ 45,000,000
Tranche B-1 Term Loans. (i) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B-1 Term Lenders, on the last Business Day of each calendar quarter, an aggregate principal amount equal to 0.25% of the aggregate principal amount of the Tranche B-1 Loans outstanding on the Closing Date (each such repayment, a “Tranche B-1 Installment Payment”).
(ii) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B-1 Term Lenders on the Maturity Date the aggregate principal amount of all Tranche B-1 Term Loans outstanding on such date.
Tranche B-1 Term Loans. (a) Subject to the terms and conditions hereof but notwithstanding anything to the contrary in Section 6.2 hereof, each Lender holding a Tranche B-1 Term Loan Commitment severally agrees to make, in Dollars in a single draw on the First Incremental Amendment Closing Date (which date shall occur on or prior to the Outside Date), one or more term loans (each, a “Tranche B-1 Term Loan”) to the Parent Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A-3 under the heading “Tranche B-1 Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof. The Tranche B-1
Tranche B-1 Term Loans. (i) Subject to the terms and conditions hereof, each Lender holding a Tranche B-1 Term Loan Commitment severally agrees to make, in Dollars, in a single draw on the Second Amendment Effective Date, one or more term loans (each, a “Tranche B-1 Term Loan”) to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A under the heading “Tranche B-1 Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof.
(ii) The Tranche B-1 Term Loans, except as hereinafter provided, shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, ABR Loans or Eurocurrency Loans.
(iii) The Tranche B-1 Term Loans shall be made by each such Lender in an aggregate principal amount which does not exceed the Tranche B-1 Term Loan Commitment of such Lender. Once repaid, the Tranche B-1 Term Loans incurred hereunder may not be reborrowed. On the Second Amendment Effective Date (after giving effect to the incurrence of Tranche B-1 Term Loans on such date), the Tranche B-1 Term Loan Commitment of each Lender shall terminate.”
Tranche B-1 Term Loans. Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche B-1 Term Loan outstanding to the Borrower on the Second ARCA Effective Date that is not converted into a Tranche B-2 Term Loan will remain outstanding as a Tranche B-1 Term Loan.
Tranche B-1 Term Loans. If Tranche B-1 Term Loans made in respect of the GF Incremental Term Commitment are made, they shall thereafter be Tranche B-1 Term Loans for all purposes under the Agreement unless expressly stated otherwise or the context otherwise requires. All Tranche B-1 Term Loans shall mature on the Tranche B-1 Maturity Date.
Tranche B-1 Term Loans. (a) The Administrative Agent has made entries in the Register which set forth the allocated commitments (the “Tranche B-1 Term Commitments”) received by it with respect to the Tranche B-1 Term Loans from various financial institutions. The Administrative Agent has notified each Tranche B-1 Term Lender (as defined below) of its allocated Tranche B-1
Tranche B-1 Term Loans. Each Non-Extending Term Lender (and each Extending Term Lender, to the extent it does not elect to treat all of its outstanding Existing Term Loans as Tranche B-2 Term Loans) acknowledges and agrees that some or all of its Existing Term Loans shall, from and after the Restatement Date, (a) be referred to as “Tranche B-1 Term Loans”, (b) have all of the rights and benefits of Tranche B-1 Term Loans as set forth in the Restated Credit Agreement and the other Loan Documents (as defined in the Restated Credit Agreement) and (c) such Tranche B-1 Term Loans that are Eurodollar Loans (as defined in the Restated Credit Agreement) will have initial Interest Periods (as defined in the Restated Credit Agreement) ending on the same dates as the Interest Periods applicable at such time to the Existing Term Loans that are being renamed as Tranche B-1 Term Loans.
