Examples of Original Term Lenders in a sentence
Immediately prior to the Restatement Effective Date, the Original Term Lenders under the Original Credit Agreement held Original Term Loans under the Original Credit Agreement in the aggregate principal amount of $243,775,000.
The Administrative Agent shall credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Original Term Lenders in immediately available funds.
The Administrative Agent shall have received written verification from the Borrower acceptable to the Administrative Agent that the Original Term Lenders that are not Continuing Lenders have been, or will be, paid in full all amounts required to be paid to them by the Borrower pursuant to Section 4.2(f).
The Original Term Commitment of each Original Term Lender shall be automatically and permanently reduced to $0 upon the making of such Original Term Lender's Original Term Loans pursuant to Section 2.01(a)(A) on the Closing Date.
The Borrower shall have paid to the Administrative Agent, for the ratable benefit of the Original Term Lenders (as defined in the Amended Credit Agreement) (i) all accrued and unpaid interest in respect of the Original Term Loans to (but excluding) the Second Amendment Effective Date and (ii) fees, if any, required to be paid pursuant to Section 3.05 of the Amended Credit Agreement.
Unless the Borrower otherwise consents, the Term Administrative Agent shall have received such Consents from Original Term Lenders holding no less than 75% of the aggregate outstanding principal amount of the Original Term Loans that have elected to convert such Original Term Loans to Term B-2 Loans.
On the Effective Date, immediately before giving effect to this Agreement, the Original Term Loans were owing to the Original Term Lenders in an aggregate principal amount of $888,750,000.
Prior to the Closing Date, each Original Term Lender held an Original Term Loan under the Original Credit Agreement in a principal amount equal to the amount set forth with respect to Original Term Loans in such Original Term Lender's Conversion and Repayment Notice.
Substantially concurrently with the making of the Incremental New Term B Loans on the Effective Date, the Term B Loans of the Non-Converting Original Term Lenders (and any Term B Loans that represent amounts of Term B Loans that have been allocated down by JPMorgan) shall be repaid in full with the proceeds thereof, in each case, to the Administrative Agent for the account of the relevant Term B Lenders.