Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein, each Tranche B-2 Term Loan Lender severally agrees to exchange Existing Term Loans for Tranche B-2 Term Loans and/or make Tranche B-2 Term Loans to the Borrower in a single borrowing in Dollars on the Second Amendment Effective Date. The Tranche B-2 Term Loans shall be subject to the following terms and conditions:
Tranche B-2 Term Loans. Subject to and upon the terms and conditions set forth herein, (i) each Additional Term B-2 Lender agrees to make a term loan to the Borrower in Dollars (a “Tranche B-2 Term Loan”, which term shall include the portion of each Converted Term Loan that is converted into a Tranche B-2 Term Loan pursuant to the following clause (ii)) on the Amendment No. 4 Effective Date in an amount equal to such Additional Term B-2 Lender’s Additional Term B-2 Commitment and (ii) the Converted Term B-2 Percentage of each Converted Term Loan of any Lender shall be converted into a Tranche B-2 Term Loan of such Lender as of the Amendment No. 4
Tranche B-2 Term Loans. All outstanding Tranche B-2 Term Loans outstanding under the Third ARCA on the Fourth ARCA Effective Date shall remain outstanding hereunder on the terms set forth herein.
Tranche B-2 Term Loans. (i) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche B-2 Term Lenders, on the last Business Day of each calendar quarter, an aggregate principal amount equal to 0.25% of the aggregate principal amount of the Tranche B-2 Loans outstanding on the Closing Date (each such repayment, a “Tranche B-2 Installment Payment”).
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein, each Tranche B-2 Term Lender severally agrees to make a single loan to the Term Borrower (an “Initial Tranche B-2 Term Loan”) on the Closing Date, in Dollars, in an amount not to exceed such Term Lender’s Initial Tranche B-2 Term Commitment. The Term Borrowing shall consist of Initial Tranche B-2 Term Loans made simultaneously by the Tranche B-2 Term Lenders in accordance with their respective Applicable Percentage of the aggregate Initial Tranche B-2 Term Commitments. Initial Tranche B-2 Term Loans repaid or prepaid may not be reborrowed. Initial Tranche B-2 Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein; provided, however, the Term Borrowing made on the Closing Date shall be made as Base Rate Loans unless the Term Borrower delivers a Funding Indemnity Letter not less than three Business Days prior to the date of such Term Borrowing.
Tranche B-2 Term Loans. On and subject to the terms and conditions set forth herein, on the date all of the conditions precedent in Section 4 are satisfied or waived, each Additional Tranche B-2 Lender severally (and not jointly) agrees to make a Tranche B-2 Term Loan to the Borrower in a principal amount equal to the amount corresponding to such Additional Tranche B-2 Lender’s “Tranche B-2 Term Loan Commitment” as set forth on Schedule A attached hereto (the “Additional Tranche B-2 Term Loans”). Each Tranche B-2 Term Loan Commitment shall be a “Term Loan Commitment” and each Additional Tranche B-2 Lender shall be a Tranche B-2 Lender for all purposes under the Amended Credit Agreement. Each Tranche B-2 Term Loan made by an Additional Tranche B- 2 Lender pursuant to this Amendment shall have the terms set forth herein and in the Amended Credit Agreement.
Tranche B-2 Term Loans. As of the First Amendment Effective Date, subject to the terms and conditions hereof and in the Credit Agreement, each Tranche B-2 Term Loan Lender severally agrees to make Tranche B-2 Term Loans equal to the amount notified to such Tranche B-2 Term Loan Lender by the Term Loan Refinancing Arranger (but in no event greater than the amount such Person committed to make as Tranche B-2 Term Loans pursuant to its Term Loan Joinder) to the Company. Each Tranche B-2 Term Loan Lender shall be a “Lender” under the Credit Agreement as of the First Amendment Effective Date. Amounts paid or prepaid in respect of Tranche B-2 Term Loans may not be reborrowed.
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche B-2 Lender has severally agreed to convert all or a portion of its existing Tranche B-1 Term Loans into, and the Indebtedness converted by such converted Tranche B-1 Term Loan will remain outstanding as, a Tranche B-2 Term Loan on the Second ARCA Effective Date in a principal amount equal to such Tranche B-2 Lender’s Tranche B-2 Commitment.
Tranche B-2 Term Loans. Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement, each Tranche B-2 Lender has severally agreed to convert all or a portion of its existing
Tranche B-2 Term Loans. (a) The Administrative Agent has made entries in the Register which set forth the allocated commitments (the “Tranche B-2 Term Commitments”) received by it with respect to the Tranche B-2 Term Loans from various financial institutions. The Administrative Agent has notified each Tranche B-2 Term Lender (as defined below) of its allocated Tranche B-2 Term Commitment. Subject to the satisfaction or waiver of the conditions precedent set forth in Section 5 hereof and to the provisions of Sections 2(c) and 13 hereof, each Person identified in the Register as having a Tranche B-2 Term Commitment as of the Effective Date (each, a “Tranche B-2 Term Lender”) agrees, severally and not jointly, to make, on the Effective Date, a Tranche B-2 Term Loan to the Borrower in an aggregate principal amount equal to its Tranche B-2
