Scheduled 2016 Term B Loan Repayments definition

Scheduled 2016 Term B Loan Repayments means, with respect to the principal payments on the 2016 Term B Loans for each date set forth below, the principal payment on the 2016 Term B Loans set forth opposite such date: June 30, 2016 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 2016 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 2016 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 2017 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 2017 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 2017 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 2017 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 2018 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 2018 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 2018 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 2018 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 2019 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 2019 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 2019 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 2019 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 2020 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 2020 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 2020 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 2020 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 2021 0.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effect...
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Scheduled 2016 Term B Loan Repayments means, with respect to the principal payments on the 2016 Term B Loans for each date set forth below, the principal payment on the 2016 Term B Loans set forth opposite such date: Scheduled 2016 Term B Loan Repayments Date Principal Payment June 30, 20160.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date Date Principal Payment September 30, 20160.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 20160.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 20170.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 20170.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date September 30, 20170.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date December 31, 20170.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date March 31, 20180.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date June 30, 20180.25% of the principal amount of 2016 Term B Loans funded on the Fifteenth Amendment Effective Date
Sample 1

Related to Scheduled 2016 Term B Loan Repayments

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Loan repayment means the cancellation and repayment of loans

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Tranche C Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.