Tranche B Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B Term Lenders (i) on the last Business Day of each March, June, September and December, commencing on September 30, 2011, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Tranche B Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Tranche B Term Loans, the aggregate principal amount of all Tranche B Term Loans outstanding on such date.
Appears in 2 contracts
Samples: First Amendment and Restatement Agreement (Team Health Holdings Inc.), Credit Agreement (Team Health Holdings Inc.)
Tranche B Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B Term Lenders (i) on the last Business Day of each March, June, September and December, commencing on September 30March 31, 20112016, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Tranche B Term Loans outstanding on the Closing Second Restatement Effective Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Tranche B Term Loans, the aggregate principal amount of all Tranche B Term Loans outstanding on such date.
Appears in 1 contract
Samples: Second Amendment and Restatement Agreement (Team Health Holdings Inc.)
Tranche B Term Loans. The Borrower shall repay hereby unconditionally promises to pay to the Administrative Agent for the ratable account of the Tranche B Term Lenders Lenders, (i) on the last Business Day day of each March, June, September and December, commencing with the last day of March 2015 and ending on September 30(but including) March 31, 20112019, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Tranche B Term Loans outstanding on the Closing Amendment Agreement Effective Date (which payments shall be reduced as a result for the avoidance of doubt, after giving effect to the application of prepayments in accordance with the order of priority set forth in Section 2.05Prepayment Proceeds to prepay any Term Loans) and (ii) on the Maturity Date for the Tranche B Term Loans, the aggregate principal amount of all the Tranche B Term Loans outstanding on such datethe Tranche B Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Alaska Communications Systems Group Inc)