Examples of Tranche I Term Loans in a sentence
Except as provided in subsection 2.17(b) or 2.18, each payment (including each prepayment) by the Borrower on account of principal of and interest on the Revolving Credit Loans, Tranche I Term Loans or Tranche II Term Loans shall be made pro rata among the Lenders according to the respective outstanding principal amounts of the Revolving Credit Loans, Tranche I Term Loans or Tranche II Term Loans then held by the Lenders.
Amounts repaid in respect of Tranche I Term Loans may not be reborrowed.
The US Borrower shall repay to the Administrative Agent, for the benefit of the Lenders, on the Tranche I Term Loan Maturity Date, the then-unpaid Tranche I Term Loans, in Euro.
On the Tranche I Term Loan Maturity Date, all Tranche I Term Loans shall be repaid in full.
Each prepayment of Tranche I Term Loans pursuant to this Section 4.4(a) made on or prior to July 24, 2024 in connection with a Tranche I Term Loan Repricing Transaction shall be accompanied by the payment of the fee required by Section 4.5(k).
Any New Tranche H Term Loans or New Tranche I Term Loans made on an Increased Amount Date shall be designated a separate series (a “Series”) of New Tranche H Term Loans or New Tranche H Term Loans, as applicable, for all purpose of this Agreement.
Subject to the terms and conditions set forth herein, each Lender agrees to make one or more Tranche I Term Loans to the Borrower on the Effective Date in a principal amount equal to its Tranche I Term Loan Commitment.
Use the proceeds of the Tranche I Term Loans for the purposes specified in the Fourteenth Amendment.
The commitments of the Additional Tranche I Term Lenders and the undertakings of the Exchanging Tranche I Term Lenders are several and no such Fourth Amendment Tranche I Term Lender will be responsible for any other Fourth Amendment Tranche I Term Lender’s failure to make, acquire or exchange the Fourth Amendment Tranche I Term Loans.
Anything in this Agreement to the contrary notwithstanding, all payments and prepayments of the Tranche I Term Loans hereunder shall be deemed to be applied first to Non-Mortgage Portion (until the same shall have been paid in full) and last to the Mortgage Portion.