Common use of Term Loans Clause in Contracts

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 5 contracts

Samples: Credit Agreement (Phoenix Consulting Group, LLC), Credit Agreement (Wendy's/Arby's Group, Inc.), Credit Agreement (Delta Tucker Holdings, Inc.)

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Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of September, 2007, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 2.052.06) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 3 contracts

Samples: Credit Agreement (Osi Restaurant Partners, LLC), Credit Agreement (Bloomin' Brands, Inc.), Credit Agreement (Cheeseburger-Ohio, Limited Partnership)

Term Loans. The Borrower shall repay to the Term Loan Administrative Agent for the ratable account of the Term Lenders (ia) on the last Business Day of each March, June, September and DecemberDecember (commencing March 31, commencing with the first full quarter after the Closing Date2015), an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 (iib) on the Maturity Date for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Halyard Health, Inc.), Credit Agreement (Halyard Health, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter second such date to occur after the Closing Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (West Corp)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of December 2007, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Biolectron, Inc.), Credit Agreement (LVB Acquisition, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of December 2007, an aggregate amount Dollar Amount equal to 0.25% of the aggregate principal amount Dollar Amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 2 contracts

Samples: Credit Agreement (Orbitz Worldwide, Inc.), Credit Agreement (Orbitz Worldwide, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Initial Term Lenders (iA) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of March 2017, an aggregate amount equal to 0.25% of the aggregate principal amount of all Initial Term Loans outstanding on the Closing Refinancing 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 (iiB) on the Maturity Date for the Initial Term Loans, the aggregate principal amount of all Initial Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Foods Inc.)

Term Loans. The Borrower shall Borrowers shall, jointly and severally, repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (iA) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Date, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Closing 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 (iiB) on the Maturity Date for the Term B Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (TC3 Health, Inc.)

Term Loans. The Borrower Company shall repay to the Administrative Agent for the ratable account of the applicable Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing DateMarch 31, 2013, an aggregate amount equal to 0.25% of the aggregate principal amount of all Tranche B-3 Term Loans outstanding on the Closing First Amendment Effective Date (which payments shall shall, in each case, be reduced as a result of of, and after giving effect to, the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the applicable Maturity Date for the with respect to each Class of Term Loans, the aggregate principal amount of all Term Loans of such Class outstanding on such date.

Appears in 1 contract

Samples: Refinancing Term (DJO Finance LLC)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of June 2015, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Initial Term Loans outstanding on the Closing 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 Term Loan Maturity Date for the Term LoansDate, the aggregate principal amount of all Initial Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Surgical Care Affiliates, Inc.)

Term Loans. (i) The Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (iA) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing DateDecember 31, 2014, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all outstanding Term B Loans outstanding on as of the Closing 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 2.052.05 and 10.07(p)) and (iiB) on the Maturity Date for the any Class of Term Loans, the aggregate principal amount of all Term Loans of such Class outstanding on such date.

Appears in 1 contract

Samples: First Lien Credit Agreement (Portillo's Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of March 2007, an aggregate amount Dollar Amount equal to 0.25% of the aggregate principal amount Dollar Amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Freescale Semiconductor Inc)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Dateon March 31, 2006, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Erie Shores Emergency Physicians, Inc.)

Term Loans. The Borrower Company shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter such date to occur after the Closing Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of of, and after giving effect to, 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Encore Medical, L.P.)

Term Loans. The Borrower shall shall, subject to Section 2.06(b)(ix), repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of December 2007, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 2.052.06) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: First Lien Credit Agreement (SMART Technologies Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and Decemberfiscal quarter of the Borrower, commencing with the first full quarter after the Closing Datelast Business Day of August 2010, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 2.05Sections 2. 05 and 2.17) and (ii) on the Maturity Date for the Term LoansFacility, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (MSCI Inc.)

Term Loans. (i) The Borrower shall repay to the Administrative Agent for the ratable account of the Initial Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of June, 2007, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Initial Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with as directed by the order of priority set forth in Borrower pursuant to Section 2.05) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all Initial Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (IASIS Healthcare LLC)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (i) on the last Business Day of each March, June, September and December, December commencing with the first full quarter after the Closing Datelast Business Day of December 2011, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Closing 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.

Appears in 1 contract

Samples: Credit Agreement (BioArray Solutions LTD)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all the Term Loans outstanding on as of the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with Section 2.04 solely to the order extent of priority set forth in Section 2.05any such amounts applied to the prepayment of the Term Loans) and (ii) on the Maturity Date for the Term LoansDate, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (U.S. Renal Care Inc)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Date, an aggregate amount equal to 0.251.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Delta Tucker Holdings, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of September 2007, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Foods Finance LLC)

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Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Dateon June 30, 2006, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Uici)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of September, 2006, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (KLIF Broadcasting, Inc.)

Term Loans. The Borrower shall repay to the Term Administrative Agent for the ratable account of the Term Lenders (iA) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of September 2013, an aggregate amount in Dollars equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Sixth Amendment and Restatement 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 (iiB) on the Maturity Date for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Travelport LTD)

Term Loans. The Each Borrower shall repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing DateDecember beginning March 2011, an aggregate principal amount equal to 0.25% of the aggregate gross principal amount of all Term Loans outstanding on the Closing Date borrowed by it hereunder (which payments shall be reduced as a result of the application of prepayments by it in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all of such Borrower’s Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Axcan Intermediate Holdings Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full fiscal quarter after the Closing Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Activision Blizzard, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Delayed Term Loan Commitment Termination Date, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Delayed Term Loan Commitment Termination 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Wendy's Restaurants, LLC)

Term Loans. The Borrower Company shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing DateMarch 31, 2008, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of of, and after giving effect to, 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (ReAble Therapeutics Finance LLC)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of March 2008, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (VPNet Technologies, Inc.)

Term Loans. The Borrower shall Borrowers shall, jointly and severally, repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (iA) on the last Business Day of each March, June, September and December, commencing with the first full fiscal quarter after the Closing Date, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans outstanding on the Closing 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 (iiB) on the Maturity Date for the Term B Loans, the aggregate principal amount of all Term B Loans outstanding on such date.

Appears in 1 contract

Samples: Security Agreement (Par Pharmacuetical, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first full quarter after the Closing Datelast Business Day of June, 2006 an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of of, and after giving effect to, 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Prelude Systems, Inc.)

Term Loans. The Borrower shall Borrowers shall, jointly and severally, repay to the Administrative Agent for the ratable account of the Term Appropriate Lenders (i) on the last Business Day of each March, June, September and December, commencing with on the first full quarter after the Closing Datelast Business Day of September, 2015, an aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Date $4,230,056.68 (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-2 Loans, the aggregate principal amount of all Term B-2 Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Change Healthcare Holdings, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with on the first full quarter after the Closing Datelast Business Day of June 2006, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Transcultural Health Develpment, Inc.)

Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with on the first full quarter after the Closing Datelast Business Day of December 2006, an aggregate amount equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Closing Restatement 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 Loans, the aggregate principal amount of all Term Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (CRC Health CORP)

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