Tranche B Term Loan. (i) Prior to the Tranche B Term Loan Commitment Termination Date, 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, at the request of the Borrower, to provide its share of the Tranche B Term Loan to the Borrower on the Tranche B Term Loan Borrowing Date in Dollars in a principal amount equal to such Lender’s Tranche B Term Loan Commitment. No Lender shall have an obligation to make a Tranche B Term Loan in excess of such Lender’s Tranche B Term Loan Commitment.
Tranche B Term Loan. Subject to the terms and conditions of this Agreement, each Tranche B Term Loan Lender severally agrees to make a loan to the US Borrower in Dollars on the Closing Date in an amount equal to such Tranche B Term Loan Lender’s Tranche B Term Loan Commitment in effect on the Closing Date. The principal amount of each Segment of the Tranche B Term Loan outstanding hereunder from time to time shall bear interest and shall be repayable as herein provided. No amount of the Tranche B Term Loan repaid or prepaid by the US Borrower may be reborrowed hereunder, and no Borrowing under the Tranche B Term Loan Facility shall be allowed other than the advance set forth in the first sentence of this Section 2.01(b) and any Incremental Tranche B Term Loan advanced as part of any Facilities Increase. Each Tranche B Term Loan Lender shall, pursuant to the terms and subject to the conditions of this Agreement, make available by wire transfer to the Administrative Agent not later than 12:00 noon New York time on the Closing Date, the amount of its Pro Rata Tranche B Term Share of the Tranche B Term Loan Facility then in effect. Each such wire transfer shall be directed to the Administrative Agent at the Administrative Agent’s Office and shall be in the form of Same Day Funds in Dollars. The amounts so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, including the satisfaction of all applicable conditions in Sections 4.01 (Conditions Precedent to Initial Credit Extensions) and 4.02 (Conditions Precedent to Each Credit Extension), be made available to the US Borrower by delivery of the proceeds thereof as shall be directed by a Responsible Officer of the US Borrower. The US Borrower shall deliver to the Administrative Agent a Tranche B Term Loan Interest Rate Selection Notice no later than 12:00 noon New York time at least one (1) Business Day prior to the Closing Date, requesting the Borrowing of the Tranche B Term Loan. The Tranche B Term Loan Interest Rate Selection Notice shall specify (i) the proposed funding date of the Tranche B Term Loan (which shall be a Business Day), (ii) the amount of the requested Borrowing, and (iii) the Type of Borrowing under the Tranche B Term Loan Facility so requested; provided that, until the Administrative Agent shall have notified the US Borrower that the primary syndication of the Tranche B Term Loan has been completed (which notice shall be given as promptly as practicable and, in any even...
Tranche B 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 B Term Loan”) to the Borrower on the date of the First Amendment to this Agreement in an amount not to exceed such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B 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), unless accelerated sooner pursuant to SECTION 9.02: ============================================= || PRINCIPAL || || PAYMENT DATES AMORTIZATION PAYMENT || ||-------------------------------------------|| || March, 2004 $625,000 || ||-------------------------------------------|| || June, 2004 $625,000 || ||-------------------------------------------|| || September, 2004 $625,000 || ||-------------------------------------------|| || December, 2004 $625,000 || ||-------------------------------------------|| || March, 2005 $625,000 || ||-------------------------------------------|| || June, 2005 $625,000 || ||-------------------------------------------|| || September, 2005 $625,000 || ||-------------------------------------------|| || December, 2005 $625,000 || ||-------------------------------------------|| || March, 2006 $625,000 || ||-------------------------------------------|| || June, 2006 $625,000 || ||-------------------------------------------|| || September, 2006 $625,000 || ||-------------------------------------------|| || December, 2006 $625,000 || ||-------------------------------------------|| || March, 2007 $625,000 || ||-------------------------------------------|| || June, 2007 $625,000 || ||-------------------------------------------|| || September, 2007 $625,000 || ||-------------------------------------------|| || December, 2007 $625,000 || ||-------------------------------------------|| || March, 2008 $625,000 || ||-------------------------------------------|| || June, 2008 $625,000 || ||-------------------------------------------|| || September, 2008 $625,000 || ||-------------------------------------------|| || December, 2008 $625,000 || ||-------------------------------------------|| || March, 2009 $625,000 || ||-------------------------------------------|| || June, 2009 $625,000 || ||-------------------------------------------|| || September, 2009 $625,000 || ||-------------------------------------------|| || December, 2009 $625,000 || ||-------------------------------------------|| || March, 2010 $58,750,000 || ||-------------------------------------------|| || June, 2010 $58,750,000 || ||-------------------------------------------|| || Septembe...
Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender having a Tranche B Term Loan Commitment as of the First Amendment Effective Date agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower on the First Amendment Effective Date in an amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B 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 $1,225,000 September 1, 2003 $1,225,000 December 1, 2003 $1,225,000 March 1, 2004 $1,225,000 June 1, 2004 $1,225,000 September 1, 2004 $1,225,000 December 1, 2004 $1,225,000 March 1, 2005 $1,225,000 June 1, 2005 $1,225,000 September 1, 2005 $1,225,000 December 1, 2005 $1,225,000 March 1, 2006 $1,225,000 June 1, 2006 $1,225,000 September 1, 2006 $1,225,000 December 1, 2006 $1,225,000 March 1, 2007 $1,225,000 June 1, 2007 $1,225,000 September 1, 2007 $1,225,000 December 1, 2007 $1,225,000 March 1, 2008 $1,225,000
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B Term Loan in consecutive quarterly installments as follows (as such installments may be hereafter 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 Each March 31, June 30, September 30 and December 31, commencing December 31, 2013 and continuing through June 30, 2020 $1,350,000 Maturity Date applicable to the Tranche B Term Loan Unpaid Balance
Tranche B 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 B Term Loan") to the Borrower on the Closing Date in an amount not to exceed such Lender's Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, the Borrowing of the Tranche B Term Loan made on the Closing Date shall be made as Base Rate Loans.
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B 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: Principal Amortization Payment Dates Payment March 31, 2006 $ 662,500 June 30, 2006 $ 662,500 September 30, 2006 $ 662,500 3 December 31, 2006 $ 662,500 March 31, 2007 $ 662,500 June 30, 2007 $ 662,500 September 30, 2007 $ 662,500 December 31, 2007 $ 662,500 March 31, 2008 $ 662,500 June 30, 2008 $ 662,500 September 30, 2008 $ 662,500 December 31, 2008 $ 662,500 March 31, 2009 $ 662,500 June 30, 2009 $ 662,500 September 30, 2009 $ 662,500 December 31, 2009 $ 662,500 March 31, 2010 $ 662,500 June 30, 2010 $ 662,500 September 30, 2010 $ 662,500 December 31, 2010 $ 662,500 March 31, 2011 $62,937,500 June 30, 2011 $62,937,500 September 30, 2011 $62,937,500 Maturity Date $62,937,500
Tranche B 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, hereby consents and agrees to provide its share of the Tranche B Term Loan to Borrower on the Tranche B Term Loan Borrowing Date in Dollars in a principal amount equal to such Lender’s Tranche B Term Loan Commitment. No Lender shall have an obligation to make a Tranche B Term Loan in excess of such Lender’s Tranche B Term Loan Commitment.
