Tranche A Term Loan. (i) Subject to the terms and conditions of this Agreement and relying on the representations and warranties set forth herein, each Lender, severally and not jointly, agrees to provide its share of the Tranche A Term Loan to Borrower on the Closing Date in Dollars in a principal amount equal to such Lender’s Tranche A Term Loan Commitment. No Lender shall have an obligation to make a Tranche A Term Loan in excess of such Lender’s Tranche A Term Loan Commitment.
Tranche A Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche A Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.04), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment June 1, 2003 $461,911.66 September 1, 2003 $470,480.09 December 1, 2003 $478,934.50 March 1, 2004 $488,369.80 June 1, 2004 $497,151.00 September 1, 2004 $506,373.14 December 1, 2004 $515,766.37 March 1, 2005 $525,333.83 June 1, 2005 $535,078.78 September 1, 2005 $545,004.48 December 1, 2005 $555,114.32 March 1, 2006 $565,411.70 June 1, 2006 $575,900.07 September 1, 2006 $586,583.03 December 1, 2006 $597,464.14 March 1, 2007 $608,547.10 June 1, 2007 $619,835.64 September 1, 2007 $631,333.60 December 1, 2007 $643,044.84 March 1, 2008 $654,973.32 June 1, 2008 $667,123.08 September 1, 2008 $679,498.20 December 1, 2008 $692,102.90 March 1, 2009 $704,941.41 June 1, 2009 $718,018.07 September 1, 2009 $731,337.31 December 1, 2009 $744,903.61 March 1, 2010 $758,721.58 June 1, 2010 $772,795.86 September 1, 2010 $787,131.22
Tranche A Term Loan. The original principal balance of the Tranche A Term Loan, being $1,850,000,000, was repayable in twenty consecutive quarterly installments, with installments one through nineteen each being $30 million, beginning June 30, 2006 and ending March 31, 2011 when the remaining principal balance was to be due. Voluntary prepayments of $150,000,000 have been made on the Tranche A Term Loan and scheduled quarterly principal amortization on the Tranche A Term Loan before giving effect to the Incremental Tranche A Term Loan, as revised to give effect to voluntary prepayments, is $29,430,379.75. On the Amendment No. 3 Effective Date (being also the date of advance of the Incremental Tranche A Term Loan): Remaining Principal Total Principal Balance Balance of Tranche A Incremental of Tranche A Term Loan Term Loan Tranche A Term Loan After Incremental $1,314,556,962.00 $50,443,038.00 $1,365,000,000.00 Scheduled principal amortization payments on the Tranche A Term Loan will be $30 million per quarter beginning with the payment due December 31, 2010 continuing until March 31, 2013 when the remaining principal balance of the Tranche A Term Loan will be due and payable in full. Principal installment payments are due on the last day of each March, June, September and December. Notwithstanding anything to the contrary, the principal balance of the Tranche A Term Loan is due and payable in full on the Tranche A Term Loan Maturity Date. 8
Tranche A Term Loan. (a) Tranche A
Tranche A Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche A Term Loan”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender’s Tranche A Term Loan Commitment. Amounts repaid on the Tranche A Term Loan may not be reborrowed. The Tranche A Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.
Tranche A Term Loan a) Subject to and upon the terms and conditions of this Agreement, on the Closing Date Bank agrees to make one (I) term loan to Borrower in an aggregate principal amount of Six Million Dollars ($6,000,000) (the “Tranche A Term Loan”).
Tranche A Term Loan. The Tranche A Term Loan will be available only during the Tranche A Term Loan Availability Period.
Tranche A Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Tranche A Term Loan”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender’s Tranche A Term Loan Commitment. Amounts repaid on the Tranche A Term Loan may not be reborrowed. Each Tranche A Term Loan shall initially bear interest at a rate based on the LIBOR Rate.
Tranche A Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche A Term Loan in installments on the last Business Day of each month and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05 or as the result of an increase in the amount of the aggregate Tranche A Term Loan Commitments pursuant to Section 2.01(e)), unless accelerated sooner pursuant to Section 9.02: Principal Amortization Payment Dates Payment March, 2008 $5,000,000 June, 2008 $5,000,000 September, 2008 $5,000,000 December, 2008 $5,000,000 March, 2009 $7,500,000 June, 2009 $7,500,000 September, 2009 $7,500,000 December, 2009 $7,500,000 March, 2010 $12,500,000 June, 2010 $12,500,000 September, 2010 $12,500,000 Maturity Date Remaining Balance
Tranche A Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche A Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment December 31, 2014 $ 1,875,000.00 March 31, 2015 $ 6,687,500.00 June 30, 2015 $ 6,687,500.00 September 30, 2015 $ 6,687,500.00 December 31, 2015 $ 6,687,500.00 March 31, 2016 $ 10,031,250.00 1 June 30, 2016 $ 12,562,500.00 September 30, 2016 $ 12,562,500.00 1 Each Lender providing a portion of the Incremental Tranche A Term Loan agrees that the scheduled amortization payment with respect to the Tranche A Term Loan due on March 31, 2016 and any prepayment made by the Borrower that is applied to such payment prior to March 31, 2016, shall be applied only to the Tranche A Term Loan existing prior to the Second Incremental Facility Effective Date and shall not be applied to the Incremental Tranche A Term Loan. December 31, 2016 $ 12,562,500.00 March 31, 2017 $ 16,750,000.00 June 30, 2017 $ 16,750,000.00 September 30, 2017 $ 16,750,000.00 December 31, 2017 $ 16,750,000.00 March 31, 2018 $ 20,937,500.00 June 30, 2018 $ 20,937,500.00 September 30, 2018 $ 20,937,500.00 December 31, 2018 $ 20,937,500.00 Maturity Date Outstanding Principal Balance of the Tranche A Term Loan
