Examples of Existing Tranche C Term Loans in a sentence
The interest rates for the Tranche D Term Loans on the Effective Date shall be determined in the same manner and with the same Interest Periods as the Existing Tranche C Term Loans.
Each Tranche D Term Loan Lender shall be allocated its pro rata share of Tranche D Term Loans set at the corresponding interest rates and Interest Periods as the Existing Tranche C Term Loans.
The Administrative Agent shall have received from the Borrowers a notice of prepayment pursuant to Section 2.11, regarding the prepayment in full of the Existing Tranche C Term Loans and the Existing Tranche D Term Loans on the Third Restatement Effective Date.
Notwithstanding anything herein or in the Credit Agreement to the contrary, the aggregate principal amount of the Tranche F Term Loans shall not exceed the aggregate principal amount of the Existing Tranche C Term Loans immediately prior to the Third Amendment Effective Date.
The Administrative Agent shall apply the aggregate of the amounts made available to the Administrative Agent by the Tranche D Term Loan Lenders to the prepayment of Existing Tranche C Term Loans and Existing Tranche D Term Loans for the account of the Borrowers.
Not later than 12:00 Noon, New York City time, on the Third Restatement Effective Date each Tranche D Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Tranche D Term Loans to be made by such Lender, except to the extent such Lender elects to convert Existing Tranche C Term Loans and/or Existing Tranche D Term Loans into Tranche D Term Loans pursuant to Section 2.1(b).
Such notice shall (i) designate whether the Borrowers are prepaying Revolving Credit Loans, Existing Tranche C Term Loans, Existing Tranche D Term Loans and/or Tranche D Term Loans and (ii) specify the date and amount of prepayment and whether the prepayment is of Eurodollar Loans or Base Rate Loans; provided, that if a Eurodollar Loan is prepaid on any day other than the last day of the Interest Period applicable thereto, the Borrowers shall also pay any amounts owing pursuant to Section 2.21.
The proceeds of the Tranche D Term Loans shall be used to repay or replace Existing Tranche C Term Loans and Existing Tranche D Term Loans on the Third Restatement Effective Date.