If a Participant incurs a Termination of Employment on or after attaining his or her Normal Retirement Age (i.e., retires on his or her Normal Retirement Date), Accounts that are not vested at such time shall not be subject to the vesting schedules and date described in Section 5.2, but instead shall vest on the date that occurs one year after such a Termination of Employment, provided that the Participant or Former Participant complies with applicable noncompetition provisions and does not experience a forfeiture under Section 5.4 within that one year period.
Extended Revolving Credit Commitments. If the Maturity Date shall have occurred in respect of any Tranche of Revolving Credit Commitments at a time when another tranche or tranches of Revolving Credit Commitments is or are in effect with a longer Maturity Date, then on the earliest occurring Maturity Date all then outstanding Swingline Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such Swingline Loans as a result of the occurrence of such Maturity Date); provided, however, that if on the occurrence of such earliest Maturity Date (after giving effect to any repayments of Revolving Credit Loans and any reallocation of Letter of Credit participations as contemplated in [Section 2.03(k)]), no Default then exists or would result therefrom and there shall exist sufficient unutilized Extended Revolving Credit Commitments so that the respective outstanding Swingline Loans could be incurred pursuant the Extended Revolving Credit Commitments which will remain in effect after the occurrence of such Maturity Date, then there shall be an automatic adjustment on such date of the participations in such Swingline Loans and same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Credit Commitments, and such Swingline Loans shall not be so required to be repaid in full on such earliest Maturity Date.
“Extended Term Loans” means the Term Loans made pursuant to Extended Term Commitments.
“Extended Commitments” means, collectively, Extended Revolving Commitments and Extended Term Commitments.
“Extended Term Lender” means, at any time, any Lender that holds Extended Term Loans at such time.
commence on the Amendment No. 4 Effective Date; and # each Non-Extended Term Loan and Extended Term Loan shall be entitled to receive on the Amendment No. 4 Effective Date all accrued and unpaid interest with respect to the Existing Term Loan from which such Non-Extended Term Loan and Extended Term Loan, as applicable, was reclassified up to but excluding the Amendment No. 4 Effective Date. No costs shall be payable under Section 3.05 to Extended Term in connection with transactions consummated under this Section 2.01(e)(ii).
“Extended Term Loans” means any Term Loans the maturity of which shall have been extended pursuant to [Section 2.19].
Incremental Term B-1 Loans. Subject to the terms and conditions set forth in Amendment No. 7, each of the following Term B-1 severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Incremental Term B-1 Loans”) denominated in Dollars as follows: # each Consenting Extended Term Lender that elects the “Consent and Cashless Amendment” option on its Extended Term Lender Consent agrees to have all of its outstanding Extended Term Loans (or such lesser amount as may be notified to such Consenting Extended Term Lender by the Administrative Agent or the Amendment No. 7 Arrangers prior to the Amendment No. 7 Effective Date) converted into a like principal amount of Incremental Term B-1 Loans effective as of the Amendment No. 7 Effective Date, # each Additional Incremental Term B-1 Lender severally agrees to make to the Borrower on the Amendment No. 7 Effective Date, loans (collectively, the “Additional Incremental Term B-1 Loans”) denominated in Dollars in an aggregate amount equal to the amount of such Additional Incremental Term B-1 Lender’s Additional Incremental Term B-1 Commitment and # each Consenting Extended Term Lender that elects the “Consent and Post-Closing Settlement” option on its Extended Term Lender Consent agrees to have the entire amount of its outstanding Extended Term Loans assigned to the Additional Incremental Term B-1 at par on the Amendment No. 7 Effective Date and following the Amendment No. 7 Effective Date, such Consenting Extended Term Lender (or its designated Affiliate, if agreed by the Amendment No. 7 Arrangers) shall purchase by assignment Incremental Term B-1 Loans in an equal principal amount as its outstanding Extended Term Loans or such lesser amount allocated to such Consenting Extended Term Lender by the Amendment No. 7 Arrangers. Amounts borrowed under this Section 2.01(g) and repaid or prepaid may not be reborrowed. Incremental Term B-1 Loans shall be made as Term SOFR Loans as further provided in Amendment No. 7. Each Consenting Extended Term Lender hereby agrees to waive any entitlement to any breakage loss or expenses due under Section 3.05 with respect to the repayment of its Extended Term Loans it holds as a Term Lender which have been replaced with Incremental Term B-1 Loans.
“Class”, when used in reference to # any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Incremental Term Loans of any Series, Refinancing Term Loans of any Series, Revolving Loans (other than Extended Revolving Loans), Extended Term Loans (of the same Extension Series) or Extended Revolving Loans (of the same Extension Series),
TERM. The Term of the Lease is extended to February 28, 2026 (“New Term”).
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