Term B Maturity Date means the earlier to occur of (1) the date that is the seventh anniversary of the Fourth Restatement Closing Date and (1) if the 2021 Senior Notes are not refinanced or repaid in full prior to the date that is 180 days prior to the stated maturity date of the 2021 Senior Notes, such date.
The Borrower shall repay to the Term B Lenders on the Stated Term B Maturity Date the aggregate principal amount of Term B Loans outstanding on such date (together with all accrued and unpaid interest thereon).
The Term B Commitments are not revolving in nature, and amounts repaid or prepaid prior to the Term B Maturity Date may not be reborrowed.
The Senior Term B Loan shall be repaid by Borrower on the Senior Term B Maturity Date in an amount sufficient to repay the entire outstanding principal amount of the Senior Term B Loan, plus all accrued and unpaid interest thereon and other amounts due and owing under this Agreement.
The Term B Loans shall mature, and the outstanding principal amount thereof shall be due and payable in full (together with all accrued and unpaid interest thereon), on the Stated Term B Maturity Date.
All outstanding Term B Loans shall be due and payable, to the extent not previously paid in accordance with the terms hereof, on the Term B Maturity Date.