Definition of Term B Loan Payment Percentage


Term B Loan Payment Percentage means 0.25% per Fiscal Quarter.

Examples of Term B Loan Payment Percentage in a sentence

The Borrower shall repay the Term B Loans on the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2014, in an amount equal to the then applicable Term B Loan Payment Percentage times the aggregate principal amount of the Term B Loans on the Effective Date (subject to adjustment pursuant to Section 2.11 as a result of prepayments).
The Borrower shall repay the Term B Loans on the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2011, in an amount equal to the then applicable Term B Loan Payment Percentage times the aggregate principal amount of the Term B Loans on the Effective Date (subject to adjustment pursuant to Section 2.11 as a result of prepayments).