Common use of US Term Loans Clause in Contracts

US Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the First Amendment Effective Date, an aggregate amount equal to 0.25% of the aggregate amount of all U.S. Term Loans outstanding on the First Amendment Effective Date, it being understood that such Loans were subsequently converted into Tranche A U.S. Term Loans and Tranche C Term Loans, which will continue to be paid their ratable share of such amortization payments (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 each Class of U.S. Term Loans, the aggregate principal amount of such U.S. Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Sungard Data Systems Inc), Credit Agreement (Sungard Capital Corp Ii)

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US Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the First Amendment Effective Date, an aggregate amount equal to 0.25% of the aggregate amount of all U.S. Term Loans outstanding on the First Amendment Effective Date, it being understood that such Loans were subsequently converted into Tranche A U.S. Term Loans, Tranche B U.S. Term Loans and Tranche C Term Loans, which will continue to be paid their ratable share of such amortization payments (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 each Class of U.S. Term Loans, the aggregate principal amount of such U.S. Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Sungard Capital Corp Ii), Credit Agreement (GL Trade Overseas, Inc.)

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US Term Loans. The Borrower Company shall repay to the Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the First Amendment Effective Date, an aggregate amount Dollar Amount equal to 0.25% of the aggregate amount Dollar Amount of all U.S. Term Loans outstanding on the First Amendment Effective Date, it being understood that such Loans were subsequently converted into Tranche A U.S. Term Loans and Tranche C B U.S. Term Loans, which will continue to be paid their ratable share of such amortization payments (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 each Class of U.S. Term Loans, the aggregate principal amount of such U.S. Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Sungard Capital Corp Ii), Credit Agreement (Sungard Data Systems Inc)

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