Term Loan A-1. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on the Closing Date, in an amount equal to such Lender’s Term Loan A-1 Commitment; it being understood that the Term Loan A-1 must be drawn in one Borrowing. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. The Term Loan A-1 may be composed of Base Rate Loans, Eurodollar Rate Loans or LIBOR Daily Floating Rate Loans, or a combination thereof, as further provided herein.
Term Loan A-1. Subject to the terms and conditions and relying upon the representations and warranties herein set forth, on the Restatement Date, the Lender hereby continues a term loan in the original principal amount of One Hundred Million Dollars ($100,000,000) (the “Term Loan A-1”) made available by the Lender to the Borrowers under the Original Loan Agreement and continued and extended by the Lender under the Existing Loan Agreement. The Borrowers may not re-borrow repaid principal of the Term Loan A-1. The proceeds of the Term Loan A-1 were used for working capital and general company purposes.
Term Loan A-1. The unpaid principal amount of the Term Loan A-1 shall bear interest for each day until due at a fixed rate per annum equal to 3.3012%, computed on the basis of a year of 360 days and actual days elapsed.
Term Loan A-1. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on (a) the Closing Date, in an amount equal to such Lender’s Closing Date Term Loan A-1 Commitment and (b) any Business Day during the Availability Period, in an aggregate amount not to exceed such Lender’s Delayed Draw Term Loan A-1 Commitment; provided, that (i) after giving effect to any such Borrowing, the aggregate amount of all Term Loan A-1 Borrowings shall not exceed the aggregate Term Loan A-1 Commitments, (ii) the aggregate amount of Borrowings under the Closing Date Term Loan A-1 Commitment shall not exceed the Closing Date Term Loan A-1 Commitments, (iii) the aggregate amount of Borrowings under the Delayed Draw Term Loan A-1 Commitment shall not exceed the Delayed Draw Term Loan A-1 Commitments, (iv) no more than three (3) Borrowings can be made after the Closing Date with respect to the Delayed Draw Term Loan A-1 Commitments and (v) each Borrowing under the Delayed Draw Term Loan A-1 Commitments must be in a minimum amount of the greater of (x) $15,000,000 and (y) the remaining amount of the Delayed Draw Term Loan A-1 Commitment. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. The Term Loan A-1 may be composed of Base Rate Loans, Eurodollar Rate Loans or LIBOR Daily Floating Rate Loans, or a combination thereof, as further provided herein.
Term Loan A-1. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on any Business Day from the Third Amendment Effective Date to the date that is 30 days subsequent thereto but in no event later than October 10, 2015, in an amount equal to such Lender’s Term Loan A-1 Commitment; it being understood that the Term Loan A-1 must be drawn in one Borrowing. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. The Term Loan A-1 may be composed of Base Rate Loans, Eurodollar Rate Loans or LIBOR Daily Floating Rate Loans, or a combination thereof, as further provided herein.
Term Loan A-1. Subject to the terms and conditions hereof, and relying upon the representations and warranties of the Loan Parties set forth herein and in the other Loan Documents, each Term Loan A-1 Lender severally agrees to make one or more term loans (each, a “Term Loan A-1”) to the Borrower from time to time during the Term Loan A-1 Availability Period in such principal amounts as the Borrower shall request. Each Term Loan A-1 of a Term Loan A-1 Lender shall be in an amount equal to such Term Loan A-1 Lender’s Pro Rata Share of the principal amount of such Term Loan A-1 requested by the Borrower; provided, that the aggregate amount of all Term Loan A-1s made by the Term Loan A-1 Lenders hereunder shall not exceed the Term Loan A-1 Commitments.
Term Loan A-1. The Borrower shall repay the outstanding principal amount of the Term Loan A-1 on the last Business Day of each Fiscal Quarter and on the Maturity Date in the applicable respective amounts set forth in the following table (which amounts shall be reduced as a result of the application of prepayments hereunder in accordance with Section 2.05): Fiscal Quarter Ending (or Maturity Date) Principal Amortization Payment December 31, 2013 $ 10,062,500 March 31, 2014 $ 10,062,500 June 30, 2014 $ 10,062,500 September 30, 2014 $ 10,062,500 December 31, 2014 $ 10,062,500 March 31, 2015 $ 10,062,500 June 30, 2015 $ 10,062,500 September 30, 2015 $ 10,062,500 December 31, 2015 $ 10,062,500 March 31, 2016 $ 10,062,500 June 30, 2016 $ 10,062,500 September 30, 2016 $ 10,062,500 December 31, 2016 $ 20,125,000 March 31, 2017 $ 20,125,000 June 30, 2017 $ 20,125,000 September 30, 2017 $ 20,125,000 December 31, 2017 $ 30,187,500 March 31, 2018 $ 30,187,500 June 30, 2018 $ 30,187,500 Maturity Date Outstanding Principal Balance of Term Loan A-1 52 provided, however, that the final principal repayment installment of the Term Loan A-1 shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of the Term Loan A-1 outstanding on such date.
Term Loan A-1. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-1”) to the Borrower in Dollars, on the Closing Date, in an aggregate amount not to exceed such Xxxxxx’s Term Loan A-1 Commitment; it being understood that the Term Loan A-1 must be drawn in one Borrowing. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. The Term Loan A-1 may be composed of Base Rate Loans, Term SOFR Rate Loans or Daily Simple SOFR Rate Loans, or a combination thereof, as further provided herein.
Term Loan A-1. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan (each, a “Term Loan A-1”) to the Domestic Borrowers, in Dollars, on the Closing Date in an amount not to exceed such Term Lender’s Term A-1 Commitment. The Borrowing of the Term Loan A-1 shall consist of loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentages with respect to the Aggregate Term A-1 Commitments (subject to Section 11.20(b)). Amounts repaid or prepaid on the Term Loan A-1 may not be reborrowed. The Term Loan A-1 may consist of Base Rate Loans or Term SOFR Loans, or a combination thereof, as further provided herein (subject to Section 11.20(b)).
Term Loan A-1. Subject to the terms and conditions hereof, and relying upon the(a) representations and warranties of the Loan Parties set forth herein and in the other Loan Documents, each Term Loan A-1 Lender severally agrees to make one or more term loans (each, a “Term Loan A-1”) to the 50
