Repayment of Term Borrowings (a) The(a) (i) Prior to the Acquisition Closing Date, the Borrower shall pay to the Administrative Agent, for the account of the Initial B-2 Term Loan Lenders, on the dates set forth below, or if such date is not alast Business Day, on the next preceding Business Day of each March, June, September and December (each such date being called a “Repayment Date”), a an amount equal to 1.25% of the original principal amount of the Initial B-2 Term Loans other than Other Term Loansmade on the Closing Date (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e) and 2.22(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment:. Repayment Date Amount June 30, 2014 $ 5,875,000 September 30, 2014 $ 5,875,000 December 31, 2014 $ 5,875,000 March 31, 2015 $ 5,875,000 June 30, 2015 $ 5,875,000 September 30, 2015 $ 5,875,000 December 31, 2015 $ 5,875,000 March 31, 2016 $ 5,875,000 June 30, 2016 $ 5,875,000 September 30, 2016 $ 5,875,000 December 31, 2016 $ 5,875,000 March 31, 2017 $ 5,875,000 43 June 30, 2017 $ 5,875,000 September 30, 2017 $ 5,875,000 December 31, 2017 $ 5,875,000 March 30, 2018 $ 5,875,000 June 30, 2018 $ 5,875,000 September 30, 2018 $ 5,875,000 December 31, 2018 $ 5,875,000 March 31, 2019 $ 5,875,000 June 30, 2019 $ 5,875,000 September 30, 2019 $ 5,875,000 December 31, 2019 $ 5,875,000 Term Loan Maturity Date $ 334,875,000
Initial Term Loans Subject to the terms and conditions hereof, each Lender holding an Initial Term Loan Commitment severally agrees to make, in Dollars, in a single draw on the Closing Date, one or more term loans (each, an “Initial Term Loan”) to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A under the heading “Initial Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof, which Initial Term Loans:
Classification of Loans and Borrowings For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Borrowing”).