Common use of U.S. Term Loan Clause in Contracts

U.S. Term Loan. (1) Subject to the terms and conditions hereof, each Term Lender agrees to make a term loan in Dollars (collectively, the "US TERM LOAN") on the Closing Date to US Borrower in the amount of the applicable Term Lender's US Term Loan Commitment. The obligations of each Term Lender hereunder shall be several and not joint. The US Term Loan shall be evidenced by a promissory note substantially in the form of EXHIBIT 1.1(b)(i) (each a "US TERM NOTE" and, collectively, the "US TERM NOTES"), and, except as provided in SECTION 1.12, US Borrower shall execute and deliver the US Term Note to the applicable Term Lender. Each US Term Note shall represent the obligation of US Borrower to pay its share of the applicable Term Lender's US Term Loan Commitment, together with interest thereon as prescribed in SECTION 1.5. (2) The US Borrower shall repay the US Term Loan in eleven (11) consecutive quarterly installments on the last day of January, April, July and October of each year, commencing April 30, 2003, as follows: The final installment due on November 14, 2005 shall be in the amount of $6,250,000 or, if different, the remaining principal balance of the US Term Loan. (3) Notwithstanding SECTION 1.1(b)(i)(2), the aggregate outstanding principal balance of the US Term Loan shall be due and payable in full in immediately available funds on the Commitment Termination Date, if not sooner paid in full. No payment with respect to the US Term Loan may be reborrowed. (4) Each payment of principal with respect to the US Term Loan shall be paid to Agent for the ratable benefit of each Term Lender making a US Term Loan, ratably in proportion to each such Term Lender's respective US Term Loan Commitment.

U.S. Term Loan. (1i) Subject to the terms and conditions hereof, each U.S. Term Lender agrees to make a term loan denominated in U.S. Dollars (collectively, the "US TERM LOAN"“U.S. Term Loan”) on the Closing Date to US U.S. Borrower in the original principal amount of the applicable Term Lender's US its U.S. Term Loan Commitment. The obligations of each U.S. Term Lender hereunder shall be several and not joint. The US U.S. Term Loan shall may be evidenced by a promissory note notes substantially in the form of EXHIBIT 1.1(b)(iExhibit 1.1(b)-1(i) (each a "US TERM NOTE" and, collectively, “U.S. Term Note” and collectively the "US TERM NOTES"“U.S. Term Notes”), and, except as provided in SECTION 1.12Section 1.9, US if so requested by any U.S. Term Lender by written notice to the U.S. Borrower (with a copy to Administrative Agent) at least two Business Days prior to the Closing Date, or at any time thereafter, U.S. Borrower shall execute and deliver the US each U.S. Term Note to the applicable U.S. Term Lender. Each US U.S. Term Note shall represent the obligation of US U.S. Borrower to pay its share the amount of the applicable U.S. Term Lender's US ’s U.S. Term Loan Commitment, together with interest thereon as prescribed in SECTION Section 1.5. (2ii) The US U.S. Borrower shall repay the US principal amount of the U.S. Term Loan in eleven (11) consecutive equal quarterly installments installments, each in an amount equal to 0.25% of the original principal amount of the U.S. Term Loan, on the last day first Business Day of January, April, July and October of each year, commencing April 302, 2003, as follows: 2007. The final installment due on November 14, 2005 the Term Loans Maturity Date shall be in the amount of $6,250,000 or, if different, the remaining principal balance of the US U.S. Term Loan. (3iii) Notwithstanding SECTION 1.1(b)(i)(2Section 1.1(b)-1(ii), . the aggregate outstanding principal balance of the US U.S. Term Loan shall be due and payable in full in immediately available funds on the Commitment Termination Term Loans Maturity Date, if not sooner paid in full. No payment with respect to the US U.S. Term Loan may be reborrowed. (4iv) Each payment of principal with respect to the US U.S. Term Loan shall be paid to Administrative Agent for the ratable benefit of each U.S. Term Lender making a US Term LoanLender, ratably in proportion to each such U.S. Term Lender's ’s respective US U.S. Term Loan Commitment.

U.S. Term Loan. (1i) Subject to the terms and conditions hereof, each Existing U.S. Term Lender agrees to make a term loan denominated in U.S. Dollars (collectively, the "US TERM LOAN"“Original U.S. Term Loan”) on the Closing Date to US U.S. Borrower in the original principal amount of the applicable Term Lender's US its Original U.S. Term Loan Commitment. The obligations of each U.S. Term Lender hereunder shall be several and not joint. The US U.S. Term Loan shall may be evidenced by a promissory note notes substantially in the form of EXHIBIT 1.1(b)(iExhibit 1.1(b)-1(i) (each a "US TERM NOTE" and, collectively, “U.S. Term Note” and collectively the "US TERM NOTES"“U.S. Term Notes”), and, except as provided in SECTION 1.12Section 1.9, US if so requested by any Existing U.S. Term Lender by written notice to the U.S. Borrower (with a copy to Administrative Agent) at least two Business Days prior to the Closing Date, or at any time thereafter by any U.S. Term Lender, U.S. Borrower shall execute and deliver the US each U.S. Term Note to the applicable U.S. Term Lender. Each US U.S. Term Note shall represent the obligation of US U.S. Borrower to pay its share the amount of the applicable U.S. Term Lender's US ’s applicable U.S. Term Loan Commitment, together with interest thereon as prescribed in SECTION Section 1.5. (2ii) The US U.S. Borrower shall repay the US principal amount of the Original U.S. Term Loan in eleven (11) consecutive equal quarterly installments installments, each in an amount equal to 0.25% of the original principal amount of the Original U.S. Term Loan, on the last day first Business Day of January, April, July and October of each year, commencing April 302, 2003, as follows: 2007. The final installment due on November 14, 2005 the Original Term Loan Maturity Date shall be in the amount of $6,250,000 or, if different, the remaining principal balance of the US Original U.S. Term Loan. (3iii) Notwithstanding SECTION 1.1(b)(i)(2)In addition, (x) the aggregate outstanding principal balance of the US Original U.S. Term Loan shall be due and payable in full in immediately available funds on the Commitment Termination Original Term Loan Maturity Date, if not sooner paid in full, (y) the aggregate outstanding principal balance of the Tranche A Extended U.S. Term Loan shall be due and payable in full in immediately available funds on the Tranche A Extended Term Loan Maturity Date, if not sooner paid in full and (z) the aggregate outstanding principal balance of all other U.S. Term Loans, if any, shall be due and payable in full in immediately available funds on the applicable Extended Term Loan Maturity Date set forth in the applicable Joinder Agreement or Extension Agreement, as applicable, if not sooner paid in full. No payment with respect to the US U.S. Term Loan may be reborrowed. (4iv) Each payment of principal with respect to the US Original U.S. Term Loan shall be paid to Administrative Agent for the ratable benefit of each Existing U.S. Term Lender making a US Term LoanLender, ratably in proportion to each such Existing U.S. Term Lender's ’s respective US Original U.S. Term Loan Commitment. Each payment of principal with respect to the Tranche A Extended U.S. Term Loan shall be paid to Administrative Agent for the ratable benefit of each Tranche A Extended U.S. Term Lender, ratably in proportion to each such Tranche A Extended U.S. Term Lender’s respective pro rata share (based on the aggregate amount of Tranche A Extended U.S. Term Loans outstanding to U.S. Borrower). Each payment of principal with respect to the U.S. Term Loan (other than the Original U.S. Term Loan and the Tranche A Extended U.S. Term Loan) shall be paid to Administrative Agent for the ratable benefit of each U.S. Term Lender of the relevant Extension Series of U.S. Term Loans or Series of Refinancing U.S. Term Loans, as the case may be, ratably in proportion to each such U.S. Term Lender’s respective U.S. Term Loan Commitment with respect to such Extension Series of U.S. Term Loans or Series of Refinancing U.S. Term Loans, as the case may be.