Common use of Tranche B-1 Term Loans Clause in Contracts

Tranche B-1 Term Loans. (i) On the last Business Day of each fiscal quarter of the Borrowers, commencing with the fiscal quarter ending on September 30, 2021, the Borrowers shall pay to the Administrative Agent, for the account of the Tranche B-1 Term Loan Lenders, a principal amount of the Tranche B-1 Term Loans (as adjusted from time to time pursuant to Sections 2.05 and 2.06(b)) equal to 1.017811705% per annum of the aggregate principal amount of the Tranche B-1 Term Loans as of the Amendment No. 3

Appears in 1 contract

Samples: Credit Agreement (Element Solutions Inc)

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Tranche B-1 Term Loans. (i) On the last Business Day of each fiscal quarter of the Borrowers, commencing with the fiscal quarter ending on September 30December 31, 20212019, the Borrowers shall pay to the Administrative Agent, for the account of the Tranche B-1 Term Loan Lenders, a principal amount of the Tranche B-1 Term Loans (as adjusted from time to time pursuant to Sections 2.05 and 2.06(b)) equal to 1.0178117051.00% per annum of the aggregate principal amount of the Tranche B-1 Term Loans as of the Amendment No. 31

Appears in 1 contract

Samples: Credit Agreement (Element Solutions Inc)

Tranche B-1 Term Loans. (i) On the last Business Day of each fiscal quarter of the Borrowers, commencing with the fiscal quarter ending on September 30, 2021, the Borrowers shall pay to the Administrative Agent, for the account of the Tranche B-1 Term Loan Lenders, a principal amount of the Tranche B-1 Term Loans (as adjusted from time to time pursuant to Sections 2.05 and 2.06(b)) equal to 1.017811705% per annum of the aggregate principal amount of the Tranche B-1 Term Loans as of the Amendment No. 3

Appears in 1 contract

Samples: Credit Agreement (Element Solutions Inc)

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Tranche B-1 Term Loans. (i) On the last Business Day of each fiscal quarter of the Borrowers, commencing with the fiscal quarter ending on September December 31, 2019September 30, 2021, the Borrowers shall pay to the Administrative Agent, for the account of the Tranche B-1 Term Loan Lenders, a principal amount of the Tranche B-1 Term Loans (as adjusted from time to time pursuant to Sections 2.05 and 2.06(b)) equal to 1.0178117051.001.017811705% per annum of the aggregate principal amount of the Tranche B-1 Term Loans as of the Amendment No. 313

Appears in 1 contract

Samples: Credit Agreement (Element Solutions Inc)

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