Examples of Series X-0 Xxxxxxx X Term Loans in a sentence
Upon execution and delivery hereof, Administrative Agent will record the Series X-0 Xxxxxxx X Term Loans made by Series F-1 New Term Loan Lenders pursuant hereto in the Register.
Each Series F-1 New Term Loan Lender with a Series X-0 Xxxxxxx X Term Loan Commitment shall make its Series X-0 Xxxxxxx X Term Loans available to the 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.
Except as set forth below in this Section 2, the terms and provisions of the New Term Loans in respect of the Series X-0 Xxxxxxx X Term Loan Commitments made pursuant to this Agreement (the “Series X-0 Xxxxxxx X Term Loans” and each a “Series X-0 Xxxxxxx X Term Loan” and together with the Series X-0 Xxxxxxx X Term Loans, the “Series F Tranche B Term Loans”) shall be identical to, and constitute, Series X-0 Xxxxxxx X Term Loans for all purposes under the Credit Agreement.
Borrower shall make principal payments on the Series X-0 Xxxxxxx X Term Loans in installments on the dates and in the amounts equal to the percentage set forth in Section 1(iii) hereof of an amount equal to the aggregate principal amount of Series X-0 Xxxxxxx X Term Loans outstanding as of the applicable Series X-0 Xxxxxxx X Term Loan Funding Date (as defined below).
It is agreed that Barclays Bank PLC together with any additional arrangers that may be appointed (in each case, together with their respective designated affiliates) will act as Joint Lead Arranger and Joint Bookrunner, in each case, for the Amendment (including the Amendment No. 16 Converted Term Loans and Additional Series X-0 Xxxxxxx X Term Loans) (collectively, the “Amendment No. 16 Arrangers”) and shall be deemed Agents for all purposes of the Credit Agreement.
Borrower agrees to pay on the date hereof to Administrative Agent, for the account of each Series F-1 New Term Loan Lender party to this Agreement with a Series X-0 Xxxxxxx X Term Loan Commitment, as fee compensation for the funding of such Series F-1 New Term Loan Lender’s Series X-0 Xxxxxxx X Term Loans, a closing fee in an amount equal to 0.50% of the aggregate principal amount of such Series F-1 New Term Loan Lender’s Series X-0 Xxxxxxx X Term Loans funded as of the date hereof.
The Applicable Margin for each New Term Loan in respect of the Series X-0 Xxxxxxx X Term Loan Commitments made pursuant to this Agreement (each a “Series X-0 Xxxxxxx X Term Loan”) shall mean initially, as of any date of determination, (A) with respect to Series X-0 Xxxxxxx X Term Loans that are Eurodollar Rate Loans, 3.25% per annum, and (B) with respect to Series X-0 Xxxxxxx X Term Loans that are Base Rate Loans, 2.25% per annum.
Upon the funding of any Series X-0 Xxxxxxx X Term Loans on the applicable Series X-0 Xxxxxxx X Term Loan Funding Date, Administrative Agent will record such Series X-0 Xxxxxxx X Term Loans made by Series F-2 New Term Loan Lenders pursuant hereto in the Register.
The Series X-0 Xxxxxxx X Term Loan Commitments and Series X-0 Xxxxxxx X Term Loans made pursuant thereto shall be subject to the provisions of the Credit Agreement and the other Credit Documents, and shall constitute “Tranche B Term Loan Exposure” and “Tranche B Term Loans”, respectively, thereunder.
Upon receipt by the Administrative Agent of such Series F-2 Funding Notice, each Series F-2 New Term Loan Lender with a Series X-0 Xxxxxxx X Term Loan Commitment shall make its Series X-0 Xxxxxxx X Term Loans available to the Administrative Agent not later than 11:00 a.m. (New York City time) on the applicable Series X-0 Xxxxxxx X Term Loan Funding Date, by wire transfer of same day funds in Dollars at the Principal Office designated by Administrative Agent.