Term C Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term C Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(b).
All unpaid principal and accrued and unpaid interest with respect to the Term C Loans is due and payable in full on the Maturity Date.
Amortization Date is February 1, 2016, but if the Term B Loans are advanced, such date shall be August 1, 2016 and if the Term C Loans are advanced, such date shall be February 1, 2017.
Notwithstanding anything to the contrary herein, the Lenders shall have no obligations to fund the Term C Loans after December 31, 2014.
Borrower agrees to pay, on the Funding Date of the Term C Loans, any initial partial monthly interest payment otherwise due for the period between the Funding Date of the Term C Loan and the first Payment Date.
Prior to the effectiveness of Articles III through VI below, but after the incurrence of Indebtedness set forth in Article I above, the proceeds of the Initial Incurrence shall be used to prepay the outstanding Term C Loans in full under the Credit Agreement.