Common use of Second Amendment Incremental Term Loans Clause in Contracts

Second Amendment Incremental Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Second Amendment Incremental Lenders (i) on the last Business Day of each March, June, September and December, commencing with the last Business Day of the first fiscal quarter ending after the Amendment No. 2 Effective Date, an aggregate principal amount of Second Amendment Incremental Term Loans deemed made on the Amendment No. 2 Effective Date equal to 0.25% of the aggregate principal amount of all Second Amendment Incremental Term Loans outstanding on the Amendment No. 2 Effective Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Second Amendment Incremental Term Loans, the aggregate principal amount of all Second Amendment Incremental Term Loans outstanding on such date.