Company: TEM
Filing Date: 2025-02-03
Form Type: 8-K
Source: 0001193125-25-019313
Chunk: 1

Company: Tempus AI, Inc.
Filing Date: 2025-02-03
Form: 8-K
Item: Item 1.01
Chunk 1
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 rate as follows: (i) for any interest period for which the Company elects to pay interest in cash, the cash interest rate for Base Rate and Term SOFR borrowings will be the Base Rate plus6.25% and Term SOFR plus7.25%, respectively, and (ii) for any interest period for which the Company elects to pay interest in kind, the cash interest rate for Base Rate and Term SOFR borrowings will be the Base Rate plus4% and Term SOFR plus5%, respectively, and the paid-in-kindinterest rate will be 3.25%. From and after January 1, 2026, interest on the Term Loans accrues at a per annum rate as follows: (i) for any interest period for which the Company elects to pay interest in cash, the cash interest rate for Base Rate and Term SOFR borrowings will be the Base Rate plusa margin ranging from 5.75% to 6.75% and Term SOFR plusa margin ranging from 6.75% to 7.75%, respectively, and (ii) for any interest period for which the Company elects to pay interest in kind, the cash interest rate for Base Rate and Term SOFR borrowings will be the Base Rate plusa margin of 4% or 4.5% and Term SOFR plusa margin of 5% or 5.5%, respectively, and the paid-in-kindinterest rate will be 3.25%. The applicable margin for any interest period for which the Company elects to pay interest in cash will be based on the Company’s consolidated first lien leverage ratio and whether the Company has satisfied certain junior capital raising requirements. The applicable margin for any interest period for which the Company elects to pay interest in kind will be based on whether the Company has satisfied certain junior capital raising requirements.

Interest on the Revolving Loans accrues at a per annum rate equal to either, the Base Rate plus2.75% or Term SOFR plus3.75%. At all times prior to the termination of the Revolving Commitments, to the extent that, on any date, the outstanding aggregate principal amount of Revolving Loans is less than the greater of (x) 50.0% of the Revolving Commitments and (y) $50.0 million, the amount of interest payable on account of the Revolving Loans shall be equal to the amount of interest that would be payable had the outstanding principal amount of the Revolving Loans equ