Document ID: 15393

Text:
(c) Terms. (i) The final maturity date of any Incremental Priority Term Loan or any Incremental Second Out Term Loan that is a separate tranche shall be no earlier than the maturity date of the initial Priority Term Loans or initial Second Out Term Loans, as applicable, and (ii) the Weighted Average Life to Maturity of any such Incremental Priority Term Loan or Incremental Second Out Term Loan shall not be shorter than the Weighted Average Life to Maturity of the initial Priority Term Loans or initial Second Out Term Loans, as applicable. If the Weighted Average Yield (as reasonably determined by the Administrative Agent, but excluding reasonable and customary arrangement, structuring and underwriting fees paid or payable to the Administrative Agent or any of its Affiliates with respect to such Incremental Priority Term Loan or such Incremental Second Out Term Loan) applicable to any Incremental Priority Term Loan or Incremental Second Out Term Loan exceeds by more than 0. 50% per annum the corresponding Weighted Average Yield applicable to the then outstanding initial Priority Term Loans or initial Second Out Term Loans, as applicable, or any outstanding prior Incremental Priority Term Loan or any outstanding prior Incremental Second Out Term Loan, as applicable (each, an Existing Term Facility and the amount of such excess above 0. 50% being referred to herein as the Yield Differential), then the Applicable Margin with respect to the applicable Existing Term Facility (the existing Priority Term Loans and existing Incremental Priority Term Loans, if any, where an Incremental Priority Term Loan is being borrowed, or the existing Second Out Term Loans and existing Incremental Second Out Term Loans, if any, where an Incremental Second Out Term Loan is being borrowed, as the case may be) shall automatically be increased by the Yield Differential, effective upon the making of such Incremental Priority Term Loan or such Incremental Second Out Term Loan (it being agreed that to the extent the Weighted Average Yield with respect to such Incremental Priority Term Loan or such Incremental Second Out Term Loan is greater than the Weighted Average Yield of an Existing Term Facility solely as a result of a higher LIBOR floor, then the increased interest rate applicable to an Existing Term Facility shall be effected solely by increasing the LIBOR floor applicable thereto). Except with respect to amortization, pricing, and final maturity as set forth in this clause (c), any Incremental Priority Term Loan or Incremental Second Out Term Loan shall be on terms consistent with the initial Priority Term Loans or initial Second Out Term Loans, as applicable, and, in any event, if any such terms of an Incremental Priority Term Loan or Incremental Second Out Term Loan are more favorable to the Lenders under such Incremental Facility, such terms shall be automatically incorporated and applied to the then outstanding initial Priority Term Loans and any outstanding prior Incremental Priority Term Loans, or the then outstanding initial Second Out Term Loans and any outstanding prior Incremental Second Out Term Loans, as applicable. Any Incremental Revolving Loans shall be on the same terms (as amended from time to time) (including all-in pricing and maturity date) as, and pursuant to documentation applicable to, the initial Revolving Loans.

Named Entities:
10
11
TerminationDate
174
177
Percentage
240
241
Percentage

Tokenized Text:
(
c
)
Terms
.
(
i
)
The
final
maturity
date
of
any
Incremental
Priority
Term
Loan
or
any
Incremental
Second
Out
Term
Loan
that
is
a
separate
tranche
shall
be
no
earlier
than
the
maturity
date
of
the
initial
Priority
Term
Loans
or
initial
Second
Out
Term
Loans
,
as
applicable
,
and
(
ii
)
the
Weighted
Average
Life
to
Maturity
of
any
such
Incremental
Priority
Term
Loan
or
Incremental
Second
Out
Term
Loan
shall
not
be
shorter
than
the
Weighted
Average
Life
to
Maturity
of
the
initial
Priority
Term
Loans
or
initial
Second
Out
Term
Loans
,
as
applicable
.
If
the
Weighted
Average
Yield
(
as
reasonably
determined
by
the
Administrative
Agent
,
but
excluding
reasonable
and
customary
arrangement
,
structuring
and
underwriting
fees
paid
or
payable
to
the
Administrative
Agent
or
any
of
its
Affiliates
with
respect
to
such
Incremental
Priority
Term
Loan
or
such
Incremental
Second
Out
Term
Loan
)
applicable
to
any
Incremental
Priority
Term
Loan
or
Incremental
Second
Out
Term
Loan
exceeds
by
more
than
0
.
50
%
per
annum
the
corresponding
Weighted
Average
Yield
applicable
to
the
then
outstanding
initial
Priority
Term
Loans
or
initial
Second
Out
Term
Loans
,
as
applicable
,
or
any
outstanding
prior
Incremental
Priority
Term
Loan
or
any
outstanding
prior
Incremental
Second
Out
Term
Loan
,
as
applicable
(
each
,
an
Existing
Term
Facility
and
the
amount
of
such
excess
above
0
.
50
%
being
referred
to
herein
as
the
Yield
Differential
)
,
then
the
Applicable
Margin
with
respect
to
the
applicable
Existing
Term
Facility
(
the
existing
Priority
Term
Loans
and
existing
Incremental
Priority
Term
Loans
,
if
any
,
where
an
Incremental
Priority
Term
Loan
is
being
borrowed
,
or
the
existing
Second
Out
Term
Loans
and
existing
Incremental
Second
Out
Term
Loans
,
if
any
,
where
an
Incremental
Second
Out
Term
Loan
is
being
borrowed
,
as
the
case
may
be
)
shall
automatically
be
increased
by
the
Yield
Differential
,
effective
upon
the
making
of
such
Incremental
Priority
Term
Loan
or
such
Incremental
Second
Out
Term
Loan
(
it
being
agreed
that
to
the
extent
the
Weighted
Average
Yield
with
respect
to
such
Incremental
Priority
Term
Loan
or
such
Incremental
Second
Out
Term
Loan
is
greater
than
the
Weighted
Average
Yield
of
an
Existing
Term
Facility
solely
as
a
result
of
a
higher
LIBOR
floor
,
then
the
increased
interest
rate
applicable
to
an
Existing
Term
Facility
shall
be
effected
solely
by
increasing
the
LIBOR
floor
applicable
thereto
)
.
Except
with
respect
to
amortization
,
pricing
,
and
final
maturity
as
set
forth
in
this
clause
(
c
)
,
any
Incremental
Priority
Term
Loan
or
Incremental
Second
Out
Term
Loan
shall
be
on
terms
consistent
with
the
initial
Priority
Term
Loans
or
initial
Second
Out
Term
Loans
,
as
applicable
,
and
,
in
any
event
,
if
any
such
terms
of
an
Incremental
Priority
Term
Loan
or
Incremental
Second
Out
Term
Loan
are
more
favorable
to
the
Lenders
under
such
Incremental
Facility
,
such
terms
shall
be
automatically
incorporated
and
applied
to
the
then
outstanding
initial
Priority
Term
Loans
and
any
outstanding
prior
Incremental
Priority
Term
Loans
,
or
the
then
outstanding
initial
Second
Out
Term
Loans
and
any
outstanding
prior
Incremental
Second
Out
Term
Loans
,
as
applicable
.
Any
Incremental
Revolving
Loans
shall
be
on
the
same
terms
(
as
amended
from
time
to
time
)
(
including
all-in
pricing
and
maturity
date
)
as
,
and
pursuant
to
documentation
applicable
to
,
the
initial
Revolving
Loans
.