Tranche E Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche E Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with June 28, 2013, an aggregate amount equal to 0.25% of the aggregate amount of all Tranche E Term Loans outstanding on the Sixth Amendment 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 E Term Loans, the aggregate principal amount of all Tranche E Term Loans outstanding on such date.
Tranche E Term Loans. (a) Each existing Tranche B Lender, Tranche C Lender and Tranche D Lender (in each case, an “Existing Term Lender”) that executes and delivers this Agreement specifically in the capacity of a renewing Lender (a “Renewing Term Lender”) will be deemed upon the Restatement Effective Date to have agreed to the terms of this Agreement and to have made a commitment to make Tranche E Term Loans in an aggregate principal amount up to, but not in excess of, the aggregate principal amount of such Existing Term Lender’s Tranche B Term Loans, Tranche C Term Loans or Tranche D Loans immediately prior to the Restatement Effective Date (collectively, the “Existing Term Loans”). Each Existing Term Lender that executes and delivers this Agreement solely in the capacity of an Existing Term Lender and not specifically as a Renewing Term Lender shall be deemed to have agreed to this Agreement but will not be deemed by virtue of such execution and delivery to have undertaken any commitment to make Tranche E Term Loans. Each Person (other than a Renewing Term Lender in its capacity as such) that agrees to make Tranche E Term Loans (an “Additional Tranche E Lender”) will, on the Restatement Effective Date, make such Tranche E Term Loans to the Borrower in the manner contemplated by paragraph (c) of this Section.
Tranche E Term Loans. Subject to the terms and conditions hereof, each Tranche E Lender severally agrees to make a term loan (a "Tranche E Term Loan") to the Company on the Second Restatement Date in a principal amount equal to such Tranche E Lender's Tranche E Commitment. The Term Loans may from time to time be (i) Eurodollar Loans, (ii) Base Rate Loans or (iii) a combination thereof, as determined by the Company and notified to the Administrative Agent in accordance with subsections 3.2 and 6.4.
Tranche E Term Loans. Subject to the terms and conditions set forth herein, each Tranche E Term Loan outstanding under the Existing Credit Agreement immediately prior to the Restatement Effective Date shall remain outstanding under this Agreement as a Tranche E Term Loan. Tranche E Term Loans that were Eurodollar Loans with a particular Interest Period under the Existing Credit Agreement immediately prior to the Restatement Effective Date shall initially be Eurodollar Loans under this Agreement with an initial Interest Period equal to the then remaining Interest Period for such Eurodollar Loans under the Existing Credit Agreement (and with the same Eurodollar Rate). Tranche E Term Loans that were Base Rate Loans under the Existing Credit Agreement immediately prior to the Restatement Effective Date shall initially be Base Rate Loans under this Agreement. Tranche E Term Loans may from time to time be Eurodollar Loans or Base Rate Loans as determined by the Borrowers and notified to the Administrative Agent in accordance with Sections 2.09 and 4.05.
Tranche E Term Loans. The Borrowers jointly and severally unconditionally promise to pay to the Administrative Agent for the account of the Tranche E Term Loan Lenders the principal of the Tranche E Term Loans held by such Tranche E Term Loan Lender on each Principal Payment Date set forth in column (A) below, the amount set forth opposite such date in column (B) below:
Tranche E Term Loans. Lenders and their respective Applicable Commitments: Lender Applicable Commitment Oaktree-TCDRS Strategic Credit, LLC $ 2,769,687 Exelon Strategic Credit Holdings LLC $ 1,647,826 Oaktree-NGP Strategic Credit, LLC $ 2,779,826 Oaktree-Minn Strategic Credit, LLC $ 1,343,430 Oaktree-Xxxxxxx Multi-Strategy, LLC - Series A $ 2,291,720 Oaktree-TBMR Strategic Credit Fund C, LLC $ 1,312,028 Oaktree-TBMR Strategic Credit Fund F, LLC $ 2,047,595 Oaktree-TBMR Strategic Credit Fund G, LLC $ 3,352,879 Oaktree-TSE 16 Strategic Credit, LLC $ 2,563,595 INPRS Strategic Credit Holdings, LLC $ 748,303 Oaktree Gilead Investment Fund, L.P. $ 5,056,527 Oaktree Huntington-GCF Investment Fund (Direct Lending AIF), L.P. $ 674,204 Oaktree Strategic Income II, Inc. $ 5,350,392 Oaktree Specialty Lending Corporation $ 14,644,037 OAKTREE STRATEGIC INCOME CORPORATION $ 3,417,952 Tranche E Commitment $ 50,000,000 The following defined terms apply to the Tranche E Term Loans:
Tranche E Term Loans. There is outstanding on the date hereof under the Existing Credit Agreement Tranche E Term Loans in an aggregate principal amount of $2,189,000,000, each of which shall continue as Tranche E Term Loans under this Agreement.
Tranche E Term Loans. The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of the Lenders the principal of the Tranche E Term Loans in twenty-six installments payable on the Principal Payment Dates as follows: Principal Payment Date Falling on or Nearest to: Amount of Installment: September 30, 2004 $ 5,500,000 December 31, 2004 $ 5,500,000 March 31, 2005 $ 5,500,000 June 30, 2005 $ 5,500,000 September 30, 2005 $ 5,500,000 December 31, 2005 $ 5,500,000 March 31, 2006 $ 5,500,000 June 30, 2006 $ 5,500,000 September 30, 2006 $ 5,500,000 December 31, 2006 $ 5,500,000 March 31, 2007 $ 5,500,000 June 30, 2007 $ 5,500,000 September 30, 2007 $ 5,500,000 December 31, 2007 $ 5,500,000 March 31, 2008 $ 5,500,000 June 30, 2008 $ 5,500,000 September 30, 2008 $ 5,500,000 December 31, 2008 $ 5,500,000 -42- Principal Payment Date Falling on or Nearest to: Amount of Installment: March 31, 2009 $ 5,500,000 June 30, 2009 $ 5,500,000 September 30, 2009 $ 5,500,000 December 31, 2009 $ 5,500,000 March 31, 2010 $ 5,500,000 June 30, 2010 $ 5,500,000 September 30, 2010 $ 5,500,000 December 15, 2010 $ 2,051,500,000 Notwithstanding the foregoing, if on any date (the “Test Date”), the maturity date for any then-outstanding Public Notes (excluding all Public Notes maturing after June 30, 2009), or mandatory redemption date for Disqualified Capital Stock (excluding all Disqualified Capital Stock with a mandatory redemption date after June 30, 2009), shall fall within six months of the Test Date then, if the aggregate principal amount of all such Public Notes that mature, and the redemption price of all such Disqualified Capital Stock that is required to be redeemed, prior to June 30, 2009 is at such time greater than $1,000,000,000, the Tranche E Term Loans shall be paid in full on the Test Date, provided that the foregoing shall not apply if either (x) the long-term debt rating for the outstanding unsecured and unenhanced Public Notes is at least BBB- by S&P or Baa3 by Mxxxx’x or (y) the Required Tranche E Term Loan Lenders shall elect otherwise at any time prior to the Test Date.
Tranche E Term Loans. Each Tranche E Term Lender severally agrees to lend to Company on the Fourth Amendment Effective Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche E Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche E Term Lender's Tranche E Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the aggregate amount of the Tranche E Term Loan Commitments is $75,000,000; provided that the Tranche E Term Loan Commitments of Tranche E Term Lenders shall be adjusted to give effect to any assignments of the Tranche E Term Loan Commitments pursuant to subsection 11.
Tranche E Term Loans
