US Term Loans. The Company shall repay to the Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the First Amendment Effective Date, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all U.S. Term Loans outstanding on the First Amendment Effective Date, it being understood that such Loans were subsequently converted into Tranche A U.S. Term Loans and Tranche B U.S. Term Loans, which will continue to be paid their ratable share of such amortization payments (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for each Class of U.S. Term Loans, the aggregate principal amount of such U.S. Term Loans outstanding on such date.
US Term Loans. The Company shall repay to the Administrative Agent for the ratable account of the U.S. Term Lenders (i) on the last Business Day of each March, June, September and December, commencing with the second such date to occur after the Closing Date, an aggregate Dollar Amount equal to 0.25% of the aggregate amount of all U.S. Term Loans outstanding on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of all U.S. Term Loans outstanding on such date.
US Term Loans. Commencing on January 1, 2016, the US Borrowers shall repay to the US Lenders the aggregate principal amount of all US Term Loans outstanding on the first day of each calendar month (other than a Specified Term Loan Amortization Holiday Month) in equal monthly amounts of $187,500.00; provided, however, that the final principal repayment installment of the US Term Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all US Term Loans outstanding on such date.
US Term Loans. The US Borrower hereby unconditionally promises to pay to the US Agent for the account of the US Term Lenders the aggregate principal amount of the US Term Loans as follows:
US Term Loans. Subject to the terms and conditions set forth herein, each Lender with a US Term Loan Commitment severally agrees to make a single loan to the Company on the Closing Date in an amount not to exceed such Lender's Applicable Percentage of the US Term Loan Facility. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. US Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
US Term Loans. The Company shall repay to the U.S. Term Lenders the aggregate principal amount of all U.S. Term Loans outstanding on the third Business Day after the last day of each fiscal quarter set forth below (with the first such payment date being the third Business Day after the last day of the fiscal quarter of the Company after the fiscal quarter in which the Closing Date occurs) in an amount in Dollars equal to the percentage set forth opposite such date times the aggregate initial principal amount of the U.S. Term Loans actually made on the Closing Date pursuant to Section 2.01(a) (which amounts shall be reduced as a result of the application of mandatory and voluntary prepayments as set forth herein): Quarterly Payment Date Amount First eight quarterly payment dates 1.250% Next four quarterly payment dates 1.875% Each quarterly payment date thereafter 2.500% provided, however, that the final principal repayment installment of the U.S. Term Loans shall be repaid on the Maturity Date for the U.S. Term Facility and in any event shall be in an amount equal to the aggregate principal amount of all U.S. Term Loans outstanding on such date.
US Term Loans. (a) US Borrower's Confirmation. The US Borrower acknowledges and confirms that the Existing US Lenders have previously made term loans to, or assumed by, it (collectively, the "Existing US Term Loans") in an aggregate principal amount of $155,000,000. The US Borrower hereby represents, warrants, agrees, covenants and reaffirms that: (i) it has no (and it permanently and irrevocably waives, and releases the Administrative Agent and the Existing US Lenders from, any, to the extent arising on or prior to the Chips Closing Date) defense, setoff, claim or counterclaim against the Administrative Agent or any Existing US Lender in regard to its Domestic Obligations in respect of the Existing US Term Loans and (ii) reaffirms its obligation to pay the Existing US Term Loans in accordance with the terms and provisions of this Agreement and the other Loan Documents.
US Term Loans. Subject to the terms and conditions hereof, (a) each US Term Loan Lender severally agrees to continue or, as applicable, to make a term loan (each, a "US Term Loan", collectively, the "US Term Loans") to the Company in a principal amount equal to the amount set forth opposite such Lender's name in Schedule 1.1A under the heading "US Term Loan Commitment" on the Acquisition Closing Date. The US Term Loans shall be denominated in US$ and may from time to time be (a) Eurodollar Loans, (b) ABR Loans or (c) a combination thereof, as determined by the Company and notified to the US Administrative Agent in accordance with subsection 2.14 and 4.4, as the case may be.
US Term Loans. Subject to the terms and conditions set forth in this Credit Agreement, each Lender that has a US Term Loan Commitment severally agrees to make US Term Loans in Dollars to one or more of the US Borrowers on a joint and several basis on the Closing Date in an amount not exceeding such Lender's Proportionate Share of the aggregate amount of the US Term Loan Commitments to be used for the purposes identified in SECTION 7.11. The amount of each Lender's US Term Loan Commitment is set forth opposite its name on Annex 1 annexed hereto and the aggregate amount of the US Term Loan Commitments is $47,000,000; provided, that the amount of the US Term Loan Exposure shall be reduced from time by the amount of any payments applied to the principal thereof pursuant to SECTION 2.4. Each Lender's US Term Loan Commitment shall expire immediately and without further action on January 31, 2003 if the US Term Loans are not made on or before that date. The US Borrowers may make only one borrowing under the US Term Loan Commitments. Amounts borrowed under this Section 2.1(a)(i) and subsequently repaid or prepaid may not be reborrowed.
US Term Loans. Each US Lender agrees, severally (and not jointly) on a Pro Rata basis up to its US Term Commitment, on the terms set forth herein, to make US Term Loans in Dollars to US Borrowers on the Closing Date; provided, however, that, on the Closing Date, after giving effect to the making of the US Term Loans, (x) the Aggregate US Exposure shall not exceed US Maximum Borrowing Availability and (y) the US Term Exposure of any US Lender shall not exceed such US Lender’s Term Commitment. Amounts borrowed under this Section 2.1.1 and repaid may not be reborrowed. The US Term Loan shall be funded and repaid in Dollars.
