Terms of New Loans and Commitments. The terms and provisions of Loans made pursuant to Incremental Commitments shall be as follows:
Terms of New Loans and Commitments. The terms of Loans made pursuant to Incremental Term Loan Commitments (Incremental Term Loans) shall be as set forth in the Increase Joinder providing for such Incremental Term Loans (it being understood that Incremental Term Loans may be a part of the Initial Term Loans); provided that # the final maturity date of any Incremental Term Loans shall be no earlier than the latest Maturity Date of any Class of Term Loans then outstanding, # the Weighted Average Life to Maturity of such Incremental Term Loans shall not be shorter than the remaining Weighted Average Life to Maturity of any Class of Term Loans then outstanding, # Incremental Term Loans shall not participate on a greater than pro rata basis with the Term Loans in any mandatory prepayment hereunder (other than scheduled amortization payments) and # all other terms applicable to such Incremental Term Loans (other than those specified in [clauses [(i) through (iii) above]]) shall not be more restrictive (taken as a whole) than those applicable to the Revolving Facility or Initial Term Loans, except to the extent # this Agreement shall be modified to grant the Revolving Facility and Initial Term Loans the benefit of such more restrictive provisions, # applicable solely to periods after the Latest Maturity Date in effect at the time of incurrence or issuance of such Incremental Term Loans or # as otherwise agreed by the Administrative Agent in its reasonable discretion. The terms of any Incremental Revolving Commitment shall be the same as those of the Revolving Commitment or any Extended Commitment; provided that any Replacement Revolving Commitment may have a later maturity date than, and pricing and fees different from, those applicable to the Revolving Commitment and Extended Commitment.
Terms of New Loans. The terms and provisions of Additional Term Loans shall be, except as otherwise provided in the Increase Joinder, identical to the Loans, it being understood that the Applicable Rate for Additional Term Loans shall be determined by the Borrower and the Lenders of the Additional Term Loans.
New Term Loans. The principal amount of New Term Loans of each Term Lender shall be repaid as provided in the amendment to this Agreement in respect of such New Term Loans as contemplated by [Section 2.14], subject to the requirements of [Section 2.14] (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in [Sections 2.05 and 2.06]6], or be increased as a result of any increase in the amount of New Term Loans pursuant to [Section 2.14] (such increased scheduled installments to be calculated in the same manner (and on the same basis) as the schedule set forth in the amendment to this Agreement in respect of such New Term Loans as contemplated by [Section 2.14] for the initial incurrence of such New Term Loans)). To the extent not previously paid, each New Term Loan shall be due and payable on the Maturity Date applicable to such New Term Loans.
Terms of Incremental Commitments. Unless otherwise agreed by Administrative Agent and the Lenders (including any Incremental Lender with regard to such Incremental Commitment):
the terms and provisions of Revolving Credit Loans made pursuant to new Commitments shall be identical to the Revolving Credit Loans;
“Tranche” means # with respect to Term Loans or commitments, refers to whether such Term Loans or commitments are # Tranche B-1 Term Loans or Tranche B-1 Term Loan Commitments, # New Term Loans with the same terms and conditions made on the same day and increased from time to time or # Extended Term Loans (of the same Extension Series) and # with respect to Revolving Credit Loans or commitments, refers to whether such Revolving Credit Loans or commitments are # Initial Revolving Credit Commitments or Initial Revolving Credit Loans or # Extended Revolving Credit Loans or Extended Revolving Credit Commitments (of the same Extension Series).
Making of New Term Loans. On any Incremental Effective Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to the Company in an amount equal to its new Commitment.
Terms of Loans Issued on the Commitment Increase Date. The terms and provisions of any new Loans issued by any Assuming Lender or Increasing Lender, and the Commitment Increase of any Assuming Lender or Increasing Lender, in the case of a Commitment Increase under the Revolving Commitments, shall be identical to the terms
“Refinancing Term Loan Commitments” shall mean one or more commitments hereunder to provide a new Tranche of Refinancing Term Loans or Refinancing Term Loans under an existing Tranche of Term Loans.
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