Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders the aggregate principal amount of all Term B Loans outstanding in quarterly installments as follows (which installments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05(b)(iv)), each such payment to be made on or prior to the date specified below: Aggregate Term B Loan Principal Payment Date Amortization Payment September 30, 2008 $ 1,275,000 December 31, 2008 $ 1,275,000 March 31, 2009 $ 1,275,000 June 30, 2009 $ 1,275,000 September 30, 2009 $ 1,275,000 December 31, 2009 $ 1,275,000 March 31, 2010 $ 1,275,000 June 30, 2010 $ 1,275,000 September 30, 2010 $ 1,275,000 December 31, 2010 $ 1,275,000 March 31, 2011 $ 1,275,000 June 30, 2011 $ 1,275,000 September 30, 2011 $ 1,275,000 00 Xxxxxxxxx Xxxx X Loan Principal Payment Date Amortization Payment December 31, 2011 $ 1,275,000 March 31, 2012 $ 1,275,000 June 30, 2012 $ 1,275,000 September 30, 2012 $ 1,275,000 December 31, 2012 $ 1,275,000 March 31, 2013 $ 1,275,000 June 30, 2013 $ 1,275,000 September 30, 2013 $ 1,275,000 December 31, 2013 $ 1,275,000 March 31, 2014 $ 1,275,000 Term B Loan Maturity Date All remaining outstanding principal amounts of the Tranche B Loans provided that the final principal repayment installment of the Term B Loans shall be repaid on the Term B Loan Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. Each Term B Lender, severally and for itself alone, hereby agrees, on the terms and subject to the conditions hereinafter set forth and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, to make a loan (each such loan, a “Term B Loan” and collectively, the “Term B Loans”) to Company on the Closing Date in an aggregate principal amount equal to the Term B Commitment of such Term B Lender. The Term B Loans (i) shall be incurred by Company pursuant to a single drawing, (ii) shall be denominated in Dollars, (iii) shall be made as Base Rate Loans and, except as hereinafter provided, may, at the option of Company, be maintained as and/or converted into Base Rate Loans or Eurocurrency Loans, provided, that (x) all Term B Loans made by the Term B Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term B Loans of the same Type and (y) no incurrences of, or conversions into, Term B Loans maintained as Eurocurrency Loans with an Interest Period in excess of one month may be effected prior to the earlier of (1) the 30th day after the Closing Date and (2) the date (the “Syndication Date”) upon which Administrative Agent determines in its sole discretion (and notifies Company) that the primary syndication of the Facilities (and the resultant addition of Lenders pursuant to Section 12.8(c)) has been completed and (iv) shall not exceed for any Lender at the time of incurrence thereof on the Closing Date that aggregate principal amount which equals the Term B Loan Commitment of such Lender at such time. Each Term B Lender’s Term B Commitment shall expire immediately and without further action on the Closing Date after the making of the Loans. No amount of a Term B Loan which is repaid or prepaid by Company may be reborrowed hereunder.
Term B Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders with Term B Loans (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Amendment No. 1 Effective Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Amendment No. 1 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 Term B Loans, the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. Each Borrower shall repay the Term B Loans made by it in the applicable currency of such Term B Loans in quarterly principal installments as follows:
Term B Loans. The Company shall repay to the Term B Lenders the aggregate principal amount of Term B Loans in quarterly principal installments equal to 0.25% of the initial aggregate principal amount of the Term B Loans actually made on the Amendment No. 10 Effective Date (which principal amounts 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 shall be subject to adjustment for any applicable Incremental Increase of the Term B Facility), on the last Business Day of each March, June, September and December (commencing on the last Business Day of the fiscal year ending September 30, 2021); provided, however, that the final principal repayment installment of the Term B Loans shall be repaid on the Maturity Date for the Term B Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term B Loans outstanding on such date.
Term B Loans. (a) The Company unconditionally promises to repay the Dollar Term B Loans borrowed by it to the Administrative Agent for the account of each Dollar Term B Lender in quarterly principal installments (and on the date set forth in clause (ii) below) as follows:
Term B Loans. (i) The Parent Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders (A) on the last Business Day of each March, June, September and December commencing with June 30, 2014, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B-1 Dollar Loans and Term B-1 Euro Loans outstanding on the Fourth Amended and Restated Credit Agreement Amendment No. 1 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 (B) on the Maturity Date for the Term B-1 Dollar Loans and the Term B-1 Euro Loans, the aggregate principal amount of all Term B-1 Dollar Loans and Term B-1 Euro Loans outstanding on such date.
Term B Loans. Subject to adjustment as a result of the application of prepayments in accordance with Section 2.05, in each case, solely to the extent of any such amounts applied to the prepayment of the Term Loans, the Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders on each date set forth below in the principal amount of Term B Loans set forth below opposite such date: Date Term B Loan Repayment Amount March 31, 2013 $ 937,500625,000 June 30, 2013 $ 937,500625,000 September 30, 2013 $ 937,500625,000 December 31, 2013 $ 937,500625,000 March 31, 2014 $ 937,500625,000 June 30, 2014 $ 937,500625,000 September 30, 2014 $ 937,500625,000 December 31, 2014 $ 937,500625,000 March 31, 2015 $ 937,500625,000 June 30, 2015 $ 937,500625,000 September 30, 2015 $ 937,500625,000 December 31, 2015 $ 937,500625,000 March 31, 2016 $ 937,500625,000 June 30, 2016 $ 937,500625,000 September 30, 2016 $ 937,500625,000 December 31, 2016 $ 937,500625,000 March 31, 2017 $ 937,500625,000 June 30, 2017 $ 937,500625,000 September 30, 2017 $ 937,500625,000 December 31, 2017 $ 937,500625,000 March 31, 2018 $ 937,500625,000 June 30, 2018 $ 937,500625,000 September 30, 2018 $ 937,500625,000 December 31, 2018 $ 937,500625,000 March 31, 2019 $ 937,500625,000 June 30, 2019 $ 937,500625,000 Maturity Date with respect to Term B Loans $ 350,625,000233,750,000 or remaining balance
Term B Loans. Please complete one of the two boxes immediately below (or leave blank if you do not hold any Term B Loans). By checking the box immediately below, you have indicated that you will be converting the entire aggregate principal amount of your Term B Loans into Term C Loans. Solely to the extent that you are converting less than the entire aggregate principal amount of your Term B Loans, please fill in the principal amount of your Term B Loans to be converted to Term C Loans: ☐ $ Conversion of Initial Revolving Credit Commitments. Please complete one of the two boxes immediately below (or leave blank if you do not hold any Initial Revolving Credit Commitments). By checking the box immediately below, you have indicated that you will be converting the entire aggregate principal amount of your Initial Revolving Credit Commitments into New Initial Revolving Commitments. Solely to the extent that you are converting less than the entire aggregate principal amount of your Initial Revolving Credit Commitments, please fill in the principal amount of your Initial Revolving Credit Commitments to be converted to New Initial Revolving Commitments: ☒ $ BANK OF AMERICA, N.A. (Name of Institution) By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President By: Name: Title: [Signature Page to Amendment No. 2 to TRCO Credit Agreement] The undersigned hereby consents to all of the amendments reflected in the Amendment, including without limitation the amendments set forth in Sections 1 and 2 thereof, and agrees to convert (i) subject to the Term C Cap, the amount of Term B Loans indicated below into Term C Loans and (ii) the amount of Initial Revolving Credit Commitments indicated below into New Initial Revolving Commitments, in each case in accordance with the Amendment on the Second Amendment Effective Date:
