Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein, each Tranche B-2 Term Loan Lender severally agrees to exchange Existing Term Loans for Tranche B-2 Term Loans and/or make Tranche B-2 Term Loans to the Borrower in a single borrowing in Dollars on the Second Amendment Effective Date. The Tranche B-2 Term Loans shall be subject to the following terms and conditions:
Tranche B-2 Term Loans. Subject to and upon the terms and conditions set forth herein, (i) each Additional Term B-2 Lender agrees to make a term loan to the Borrower in Dollars (a “Tranche B-2 Term Loan”, which term shall include the portion of each Converted Term Loan that is converted into a Tranche B-2 Term Loan pursuant to the following clause (ii)) on the Amendment No. 4 Effective Date in an amount equal to such Additional Term B-2 Lender’s Additional Term B-2 Commitment and (ii) the Converted Term B-2 Percentage of each Converted Term Loan of any Lender shall be converted into a Tranche B-2 Term Loan of such Lender as of the Amendment No. 4
Tranche B-2 Term Loans. All outstanding Tranche B-2 Term Loans outstanding under the Third ARCA on the Fourth ARCA Effective Date shall remain outstanding hereunder on the terms set forth herein.
Tranche B-2 Term Loans. (i) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B-2 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-2 Loans outstanding on the Closing Date (each such repayment, a “Tranche B-2 Installment Payment”).
(ii) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B-2 Term Lenders on the Maturity Date the aggregate principal amount of all Tranche B-2 Term Loans outstanding on such date.
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein, each Tranche B-2 Term Lender severally agrees to make a single loan to the Term Borrower (an “Initial Tranche B-2 Term Loan”) on the Closing Date, in Dollars, in an amount not to exceed such Term Lender’s Initial Tranche B-2 Term Commitment. The Term Borrowing shall consist of Initial Tranche B-2 Term Loans made simultaneously by the Tranche B-2 Term Lenders in accordance with their respective Applicable Percentage of the aggregate Initial Tranche B-2 Term Commitments. Initial Tranche B-2 Term Loans repaid or prepaid may not be reborrowed. Initial Tranche B-2 Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein; provided, however, the Term Borrowing made on the Closing Date shall be made as Base Rate Loans unless the Term Borrower delivers a Funding Indemnity Letter not less than three Business Days prior to the date of such Term Borrowing.
Tranche B-2 Term Loans. On each Quarterly Payment Date commencing June 30, 2012, the Borrower shall repay to the Tranche B-2 Term Lenders an aggregate principal amount of Tranche B-2 Term Loans equal to 0.25% of the original aggregate outstanding principal amount of the Tranche B-2 Term Loans (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-2 Term Loans shall be repaid on the Tranche B-2 Term Loan Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Tranche B-2 Term Loans outstanding on such date.
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche B-2 Lender has severally agreed to convert all or a portion of its existing
Tranche B-2 Term Loans. On and subject to the terms and conditions set forth herein, on the date all of the conditions precedent in Section 4 are satisfied or waived, each Additional Tranche B-2 Lender severally (and not jointly) agrees to make a Tranche B-2 Term Loan to the Borrower in a principal amount equal to the amount corresponding to such Additional Tranche B-2 Lender’s “Tranche B-2 Term Loan Commitment” as set forth on Schedule A attached hereto (the “Additional Tranche B-2 Term Loans”). Each Tranche B-2 Term Loan Commitment shall be a “Term Loan Commitment” and each Additional Tranche B-2 Lender shall be a Tranche B-2 Lender for all purposes under the Amended Credit Agreement. Each Tranche B-2 Term Loan made by an Additional Tranche B- 2 Lender pursuant to this Amendment shall have the terms set forth herein and in the Amended Credit Agreement.
Tranche B-2 Term Loans. (a) Subject to the terms and conditions set forth herein, each Extending Term Lender agrees that (i) the Existing Term Loans made by such Lender under the Original Credit Agreement, in an aggregate principal amount separately agreed with the Lead Arrangers and provided to the Administrative Agent and the Borrower, shall remain outstanding on and after the Restatement Date as Tranche B-2 Term Loans made pursuant to the Restated Credit Agreement, and shall be converted into Tranche B-2 Term Loans in an equal principal amount deemed to be made pursuant to the Restated Credit Agreement on the Restatement Date and (ii) the remaining Existing Term Loans made by such Lender under the Original Credit Agreement shall remain outstanding on and after the Restatement Date as Tranche B-1 Term Loans made (or deemed to have been made) pursuant to the Restated Credit Agreement.
(b) All Tranche B-2 Term Loans of Extending Term Lenders made on the Restatement Date 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 of such Extending Term Lenders.
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche B-2 Lender has severally agreed to convert all or a portion of its existing Tranche B-1 Term Loans into, and the Indebtedness converted by such converted Tranche B-1 Term Loan will remain outstanding as, a Tranche B-2 Term Loan on the Second ARCA Effective Date in a principal amount equal to such Tranche B-2 Lender’s Tranche B-2 Commitment.
