Examples of B Loan Termination Date in a sentence
The principal amount of the Term B Loans shall be payable in eleven consecutive quarterly installments which, except for the final installment (which shall be due and payable on the Term B Loan Termination Date), shall be due on the last day of each March, June, September and December, beginning with March 31, 2011.
Each of the first ten quarterly installments shall be in the principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans funded on the Funding Date and the eleventh (11th) and final installment shall be due and payable on the Term B Loan Termination Date in the amount of the remaining principal balance of Term B Loans.
Such interest shall be payable on the earlier of demand or the Facility B Loan Termination Date and shall accrue until the earlier of (a) waiver or cure (to the satisfaction of Lender) of the applicable Event of Default, (b) agreement by Lender to rescind the charging of interest at the Default Rate, or (c) payment in full of the Obligations.
The provisions of this SECTION 10.14 shall survive repayment of the Obligations, occurrence of the Revolving Credit Termination Date, Term B Loan Termination Date and Term Loan Termination Date and expiration or termination of this Agreement.
The Borrower shall repay the outstanding principal amount of (a) the Tranche A Loan and the Swing Loan on the Tranche A Termination Date and (b) the Tranche B Loan on the Tranche B Loan Termination Date.
The Principal may terminate this bond by sending written notice to the Surety(ies), provided, however, that no such notice shall become effective until the Surety(ies) receive(s) written authorization for termination of the bond by the director(s) of the U.S. EPA Region(s) in which the bonded facility(ies) is (are) located.
Subject to Section 15 hereof, unless sooner paid in full, the outstanding principal balance of the Term B Loan shall be paid in full on the Term B Loan Termination Date.
All principal and interest on the Term B Loans not sooner paid shall become due and payable, both for principal and interest, on the Term B Loan Termination Date.
Notwithstanding the foregoing, the Borrower (i) shall, in accordance with Section 2.5, make any required payments of principal and interest on the Term Loan B Loans of any Tranche on the applicable Term Loan B Loan Termination Date for such Tranche without making any corresponding payments of the Term Loan B Loans of the other Tranches and (ii) may, subject to Section 2.26(b), choose to voluntarily prepay any Tranche of Term Loan B Loans without prepaying any other Tranche.
All Convertible Term B Loans to Borrower and all of the other Obligations in respect thereof shall be secured, until the Convertible Term B Loan Termination Date, by all of the Collateral.