Extract to table

RECITALS WHEREAS, the Borrower has requested, and the Lenders have agreed to make, a senior secured term loan B facility in the aggregate principal amount of $700,000,000 (the "Facility"), the proceeds of which shall be used (i) to refinance in full the Borrower's Existing Term Loan B originated on February 14, 2020 with Greystone Federal Credit Corp

as administrative agent shall remain outstanding after the Closing Date and shall share in the Collateral on a pari passu basis pursuant to the Amended and Restated Intercreditor Agreement

"Adjusted Term SOFR" means, for any Interest Period, an interest rate per annum equal to Term SOFR for such Interest Period, plus the SOFR Adjustment applicable to such Interest Period; provided that Adjusted Term SOFR shall in no event be less than the SOFR Floor

"Borrowing Date" means the date on which a Borrowing is made, which in the case of the initial Borrowing shall be the Closing Date

as administrative agent, which shall remain outstanding after the Closing Date and shall be secured by the Collateral on a pari passu basis with the Term Loans pursuant to the Intercreditor Agreement

25% (425 basis points), and which shall be repaid in full simultaneously with the initial Borrowing hereunder