Term B Loan Termination Date definition
Examples of Term B Loan Termination Date in a sentence
The principal amount of the Term B Loans shall be payable in eleven consecutive quarterly installments which, except for the final installment (which shall be due and payable on the Term B Loan Termination Date), shall be due on the last day of each March, June, September and December, beginning with March 31, 2011.
Each of the first ten quarterly installments shall be in the principal amount equal to 0.25% of the aggregate principal amount of all Term B Loans funded on the Funding Date and the eleventh (11th) and final installment shall be due and payable on the Term B Loan Termination Date in the amount of the remaining principal balance of Term B Loans.
The Principal may terminate this bond by sending written notice to the Surety(ies), provided, however, that no such notice shall become effective until the Surety(ies) receive(s) written authorization for termination of the bond by the director(s) of the U.S. EPA Region(s) in which the bonded facility(ies) is (are) located.
Subject to Section 15 hereof, unless sooner paid in full, the outstanding principal balance of the Term B Loan shall be paid in full on the Term B Loan Termination Date.
The provisions of this SECTION 10.14 shall survive repayment of the Obligations, occurrence of the Revolving Credit Termination Date, Term B Loan Termination Date and Term Loan Termination Date and expiration or termination of this Agreement.
All Convertible Term B Loans to Borrower and all of the other Obligations in respect thereof shall be secured, until the Convertible Term B Loan Termination Date, by all of the Collateral.
The Lead Arrangers shall have received forecasts of the income statement and a free cash flow reconciliation of the Parent Borrower and its Subsidiaries on an annual basis, through the Term B Loan Termination Date.
Subject to the provisions of SECTIONS 2.09 and 9.02, the outstanding principal balance of the Term B Loans made to the Borrowers shall be payable in seventeen consecutive quarterly installments beginning on the nineteenth Payment Date (i.e. the Payment Date occurring on July 1, 2003) and continuing on each Payment Date thereafter through and including the Term B Loan Termination Date in the amounts set forth on ANNEX C hereto.
Amounts paid on the Term Loans prior to the Term A Loan Termination Date or the Term B Loan Termination Date, as the case may be, may only be borrowed again as Refunding Borrowings of the Term Loan so repaid.
The entire amount of Outstandings under the Term B Loan Facility shall be due and payable in full on the Term B Loan Termination Date together with interest accrued thereon to such date.