Examples of Series E-1 Tranche B Term Loans in a sentence
The repayment or exchange and/or conversion into Series E-1 Tranche B Term Loans of Series E Tranche B Term Loans will not affect the right of any Lender to receive any accrued and unpaid interest with respect to the Series E Tranche B Term Loans all of which shall be paid by Borrower on the Series E-1 Tranche B Term Loan Funding Date.
Promptly upon receipt thereof, Administrative Agent shall make the proceeds of the Series E-1 Tranche B Term Loans available to Borrower on the date hereof by causing an amount of same day funds in Dollars equal to the proceeds of all such loans received by Administrative Agent from New Term Loan Lenders to be credited to the account of Borrower, at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
Scheduled installments of principal of the Series E-1 Tranche B Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Series E-1 Tranche B Term Loans in accordance with Sections 2.12, 2.13 and 2.14 of the Credit Agreement respectively.
For the avoidance of doubt, Section 5 of this Agreement shall supersede the final paragraph of Section 2.13(a) of the Credit Agreement with respect to Series E-1 Tranche B Term Loans.
Series E-1 Tranche B Term Loans shall be subject to the provisions of the Credit Agreement and the other Credit Documents, except as set forth in this Agreement, and shall constitute Tranche B Term Loans thereunder.
Upon execution and delivery hereof, Administrative Agent will record the Series E-1 Tranche B Term Loans made by New Term Loan Lenders pursuant hereto in the Register.
Each New Term Loan Lender shall make its Series E-1 Tranche B Term Loan (other than such portion of Series E-1 Tranche B Term Loans which are Exchanged Series E-1 Tranche B Term Loans) available to Administrative Agent not later than 11:00 a.m. (New York City time) on the date hereof, by wire transfer of same day funds in Dollars at the Principal Office designated by Administrative Agent.
The New Term Loan Lenders party hereto waive the payment of any breakage loss or expense under Section 2.18 of the Credit Agreement in connection with the repayment or exchange and/or conversion into Series E-1 Tranche B Term Loans of Series E Tranche B Term Loans.
In accordance with Section 2.25 of the Credit Agreement, Borrower has previously delivered to Administrative Agent an executed Funding Notice for Series E-1 Tranche B Term Loans, requesting a proposed borrowing in the principal amount of up to $2,950,000,000 (the “Proposed Borrowing”) on the date hereof (the “Series E-1 Tranche B Term Loan Funding Date”).
Each Series E Tranche B Term Loan Lender that executes an Election to receive Exchanged Series E-1 Tranche B Term Loans hereby waives any right to any voluntary payment under Section 2.17 of the Credit Agreement in connection with the Series E Tranche B Repayment.