Examples of Tranche 1 Term Loans in a sentence
Amounts repaid or prepayed in respect of Tranche 1 Term Loans may not be reborrowed.
On the First Restatement Effective Date, the Tranche 1 Term Lenders made Tranche 1 Term Loans in an aggregate principal amount of $145,000,000.
The Revolving Advances may be Base Rate Advances or Eurodollar Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.9. Each Tranche 1 Term Loan Advance hereunder shall consist of Tranche 1 Term Loans made from the several Tranche 1 Term Loan Lenders ratably according to their Pro Rata Shares on the funding date for each such Advance.
To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date, all Incremental Tranche 1 Term Loans shall be due and payable on the Incremental Tranche 1 Term Loan Maturity Date, Incremental Term Loans of any Series shall be due and payable on the applicable Incremental Term Loan Maturity Date, and all Revolving Loans shall be due and payable on the Revolving Maturity Date.
The Tranche 1 Term Loans mature on June 12, 2018 and loans under the revolving credit facility, if any, will mature on June 12, 2017.
The Tranche 1 Term Loans will amortize in equal quarterly installments in an aggregate annual amount equal to 1% of the original principal amount thereof, with any remaining balance payable on the final maturity date of the Tranche 1 Term Loans.
Amounts repaid or prepaid in respect of Tranche 1 Term Loans may not be reborrowed.
Notwithstanding the foregoing, the First Amendment and Restatement shall not become effective, and the obligations of the Tranche 1 Lenders hereunder to make Tranche 1 Term Loans will automatically terminate, if each of the conditions set forth or referred to in Sections 1.2(b) and 1.3 hereof has not been satisfied at or prior to 5:00 p.m., New York City time, on November 15, 2006.
GSLP has been appointed as sole lead arranger and joint bookrunner with respect to this Amendment and Incremental Agreement, the Refinancing Term Loans and the Incremental Tranche 1 Term Loans, and SunTrust Xxxxxxxx Xxxxxxxx, Inc.
The Additional Tranche 1 Term Commitment is not revolving in nature, and amounts of the Amendment No. 1 Tranche 1 Term Loans repaid or prepaid prior to the Term Loan Maturity Date may not be reborrowed.