Examples of Extending Term Loan Lenders in a sentence
Each determination by the Auction Agent of the amounts stated in the foregoing notices to the Borrower, Term Loan Lenders and/or Extending Term Loan Lenders, as applicable, shall be conclusive and binding for all purposes absent manifest error.
Each determination by the Auction Agent of the amounts stated in the foregoing notices to the Borrower, the Term Loan Lenders and the Extending Term Loan Lenders, as applicable, shall be conclusive and binding for all purposes absent manifest error.
Furthermore, such repayments and terminations required to be made to the Non-Extending Term Loan Lenders on the Non-Extended Term Loan Maturity Date shall not be subject to the pro rata sharing provisions of this Agreement (vis-à-vis) the Extending Term Loan Lenders, including without limitation Sections 10.1(a) and 10.3 hereof, unless the Term Loan Maturity Date for all of the Term Loan Lenders has occurred on or before such date.
Upon the foregoing repayment to the Non-Extending Term Loan Lenders, the Agent shall distribute to the Extending Term Loan Lenders and the Borrowers a revised Annex II (giving effect to the new Percentages resulting therefrom and from any assignments relating thereto), and all outstanding Advances of the Term Loan (if any) shall be reallocated among the Extending Term Loan Lenders based on such new Percentages.
The effectiveness of each Extension Amendment shall be subject to, to the extent reasonably requested by the Extending Term Loan Lenders, receipt by the Administrative Agent of reaffirmation agreement and/or such amendments to the Security Documents as may be reasonably requested by the Administrative Agent in order to ensure that the Extended Term Loans are provided with the benefit of the applicable Credit Documents.
The Effectiveness of each Extension Amendment shall be subject to, to the extent reasonably requested by the Extending Term Loan Lenders, receipt by the Administrative Agent of reaffirmation agreement and/or such amendments to the Security Documents as may be reasonably requested by the Administrative Agent in order to ensure that the Extended Term Loans are provided with the benefit of the applicable Credit Documents.
Except as to interest rates, fees, premiums, prepayments and final maturity (which shall be subject to this Section 2.17), the terms of the Term Loans held by the Extending Term Loan Lenders shall be substantially identical to the terms of the Term Loans held by the Non-Extending Term Lenders.
Each Assignee shall pay to the Administrative Agent for the accounts of the respective Non-Consenting Extending Term Loan Lenders, in immediately available funds at the Initial Assignment Time, an amount equal to the outstanding principal amount of the Extended Term Loans assumed by such Assignee pursuant to this Section 3.
For the avoidance of doubt, this Section 12.06 shall not limit the ability of the Borrower or any Subsidiary to pay principal, fees, premiums and interest with respect to Permitted Refinancing Indebtedness or Extended Term Loans following the effectiveness of any Permitted Refinancing or Extension Offer, as applicable, on a basis different from the Loans of such Tranche that will continue to be held by Lenders that were not Lenders providing such Permitted Refinancing or Extending Term Loan Lenders.
The baseline values and performance targets, and projected achievements that need to be updated, are discussed in Appendix I.