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 Borrower shall pay to the Original Term Lenders immediately prior to the effectiveness of Amendment No. 6 all accrued and unpaid interest on the Original Term Loans to, but not including, the Effective Date on such Effective 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.
The Company’s underwriters shall be beneficiaries of the agreement set forth in this Section, and, if requested by the underwriters, the Participant agrees to execute the underwriters’ standard form of lock-up agreement.
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.
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.
If, after the No-Call Expiry Date but on or prior to the Call Protection Expiry Date, all or any part of the principal balance of any Original Term Loan is declared to be immediately due and payable pursuant to subsections (a) or (b) of this Section 8.2, then Borrower shall pay to Administrative Agent, for the benefit of all Original Term Lenders, the applicable Prepayment Premium with respect to such principal balance at such time.
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.
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.
This trend is further validated by the results from the concordance analysis below.