Extension of Term Loans. The applicable Borrowers may at any time and from time to time request that all or a portion of the Term Loans of a given Class (each, an “Existing Term Loan Tranche”) be amended to extend the scheduled maturity date(s) with respect to all or a portion of any principal amount of such Term Loans (any such Term Loans which have been so amended, “Extended Term Loans”) and to provide for other terms consistent with this Section 2.10. In order to establish any Extended Term Loans, the Parent Borrower shall provide a notice to the Agent (who shall provide a copy of such notice to each of the Lenders under the applicable Existing Term Loan Tranche) (each, a “Term Loan Extension Request”) setting forth the proposed terms of the Extended Term Loans to be established, which shall (x) be identical as offered to each Lender under such Existing Term Loan Tranche (including as to the proposed interest rates and fees payable) and offered pro rata to each Lender under such Existing Term Loan Tranche and (y) be identical to the Term Loans under the Existing Term Loan Tranche from which such Extended Term Loans are to be amended, except that: (i) all or any of the scheduled amortization payments of principal of the Extended Term Loans may be delayed to later dates than the scheduled amortization payments of principal of the Term Loans of such Existing Term Loan Tranche, to the extent provided in the applicable Extension Amendment; (ii) the Effective Yield with respect to the Extended Term Loans (whether in the form of interest rate margin, upfront fees, original issue discount or otherwise) may be different than the Effective Yield for the Term Loans of such Existing Term Loan Tranche, in each case, to the extent provided in the applicable Extension Amendment; (iii) the Extension Amendment may provide for other covenants and terms that apply solely to any period after the Latest Maturity Date that is in effect on the effective date of the Extension Amendment (immediately prior to the establishment of such Extended Term Loans); and (iv) Extended Term Loans may have call protection as may be agreed by the Parent Borrower and the Lenders thereof; provided that no Extended Term Loans may be optionally prepaid prior to the date on which all Term Loans with an earlier final stated maturity (including Term Loans under the Existing Term Loan Tranche from which they were amended) are repaid in full, unless such optional prepayment is accompanied by a pro rata optional prepayment of ...
Extension of Term Loans. Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, a “Term Loan Extension Offer”), made from time to time by the Borrower to all Term Lenders holding Term Loans with like maturity date, on a pro rata basis (based on the aggregate Term Loan Commitments with like maturity date) and on the same terms to each such Term Lender, the Borrower is hereby permitted to consummate from time to time transactions with individual Term Lenders that accept the terms contained in such Term Loan Extension Offers to extend the scheduled maturity date with respect to all or a portion of any outstanding principal amount of such Term Lender’s Term Loans and otherwise modify the terms of such Term Loans pursuant to the terms of the relevant Term Loan Extension Offer (including, without limitation, by changing the interest rate or fees payable in respect of such Term Loan Commitments) (each, a “Term Loan Extension,” and each group of Term Loans, as so extended, as well as the original Term Loans not so extended, being a “tranche of Term Loans,” and subject to the last sentence of the definition of “Class,” any Extended Term Loan shall constitute a separate tranche of Term Loans from the tranche of Term Loans from which they were converted), so long as the following terms are satisfied:
(i) no Event of Default pursuant to Section 7.01(b), (e)(B), (f) or (g) shall have occurred and be continuing at the time the offering document in respect of a Term Loan Extension Offer is delivered to the applicable Term Lenders;
(ii) except as to interest rates, fees, scheduled amortization payments of principal and final maturity (which shall be as set forth in the relevant Term Loan Extension Offer), the Term Loan of any Term Lender that agrees to a Term Loan Extension with respect to such Term Loan extended pursuant to an Extension Amendment (an “Extended Term Loan”), shall be a Term Loan with the same terms as the original Class of Term Loans being extended; provided that (1) the permanent repayment of Extended Term Loans after the applicable Term Loan Extension shall be made on a pro rata basis with all other Term Loans, except that the Borrower shall be permitted to permanently repay any such tranche of Term Loans on a better than a pro rata basis as compared to any other tranche of Term Loans with a later maturity date than such tranche of Term Loans (it being understood that amortization payments and prepayments of Term Loans shall not be requ...
Extension of Term Loans. The Borrower may at any time and from time to time request that all or a portion of the Term Loans of a given Class (each, an “Existing Term Loan Tranche”) be amended to extend the scheduled maturity date(s) with respect to all or a portion of any principal amount of such Term Loans (any such Term Loans which have been so amended, “Extended Term Loans”) and to provide for other terms consistent with this Section 2.
Extension of Term Loans. Extension of Revolving Credit Loans 93 Section 2.17. Defaulting Lenders 96 Section 2.18. General limitation on each Borrower’s Obligation 98 Section 2.19. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 98 ARTICLE III TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY Section 3.01. Taxes 98 Section 3.02. Irish & U.K. Taxes 102 Section 3.03. Belgian Taxes 103 Section 3.04. Lender Tax Status 104 Section 3.05. Value Added Tax 108 Section 3.06. Tax Credits 109 Section 3.07. Illegality 110
Extension of Term Loans. Term Loan Lenders holding, in the aggregate, at least fifty percent (50%) of the outstanding principal amount of Term Loan B1, Term Loan B2 and Term Loan B3 shall have executed this Amendment as 2010 Extending Term Lenders, and an aggregate of no less than fifty percent (50%) of the outstanding principal amount of Term Loan B1, Term Loan B2 and Term Loan B3 shall have been converted into Loans under Term Loan B5.
Extension of Term Loans and Revolving Commitments) of this Agreement, in the Guaranty or in the Security Documents, or any extension of a delivery deadline by the Administrative Agent pursuant to any provision of this Agreement, neither this Agreement nor any other Loan Document nor any provision hereof or thereof may be waived, amended or modified except (x) in the case of this Agreement, pursuant to an agreement or agreements in writing entered into by the Parent, the Borrower, the Administrative Agent and the Required Lenders and (y) in the case of any other Loan Document, pursuant to an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party or Loan Parties that are party thereto and consented to by the Required Lenders (in the case of clauses (x) and (y), at the Borrower’s expense); provided, however, that no such agreement shall:
Extension of Term Loans. Extension of Revolving Credit Loans 103 Section 2.17. Defaulting Lenders 107 Section 2.18. Permitted Debt Exchanges 108 ARTICLE III. TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY Section 3.01. Taxes 109 Section 3.02. Illegality 113 Section 3.03. Inability to Determine Rates 113 Section 3.04. Increased Cost and Reduced Return; Capital Adequacy; Eurocurrency Rate Loan Reserves 114 Section 3.
Extension of Term Loans. Extension of Revolving Credit Loans 141163 Section 2.17. Defaulting Lenders 145167 TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY Section 3.01. Taxes 147169 Section 3.02. Illegality 151173
Extension of Term Loans. Extension of Revolving Credit Loans 74 Section 2.17.Defaulting Lenders 76 Section 2.18.General limitation on each Borrower’s Obligation 78 Section 2.19.Acknowledgement and Consent to Bail-In of EEA Financial Institutions. 78 Section 3.01.Taxes 78 Section 3.02.[Reserved.] 81 Section 3.03.[Reserved.] 81 Section 3.04.[Reserved.] 82 Section 3.05.[Reserved.] 82 Section 3.06.[Reserved.] 82 Section 3.07.Illegality 82
Extension of Term Loans. (a) On the Restatement Effective Date (prior to giving effect to the Repayment Condition (as defined below) and the B-2 Term Extension), a portion of the Existing Term Loan of each Lender executing this Restatement Agreement as an “Extended First-Lien B-1 Term Loan Lender” equal to such Lender’s Term Loan Extension Amount shall be automatically converted into an Extended First-Lien Term Loan in dollars and in a like principal amount, all as provided in the Restated Credit Agreement (the “B-1 Term Extension”).
(b) On the Restatement Effective Date (and immediately after giving effect to the B-1 Term Extension and the contemplated repayment of Existing Term Loans in satisfaction of the Repayment Condition (as if same had occurred on such date)), a portion of the Existing Term Loan of each Lender executing this Restatement Agreement as an “Extended First-Lien B-2 Term Loan Lender” equal to such Lender’s Term Loan Extension Amount shall be automatically converted into an Extended First-Lien Term Loan in dollars and in a like principal amount, all as provided in the Restated Credit Agreement (the “B-2 Term Extension”).
