Common use of Amortization and Maturity Date Clause in Contracts

Amortization and Maturity Date. The Borrower shall repay to the Administrative Agent, in Dollars, for the benefit of the Tranche B-1 Lenders, on each date set forth below (or, if not a Business Day, the immediately preceding Business Day) (each, a “Tranche B-1 Loan Repayment Date”), a principal amount in respect of the Tranche B-1 Loans equal to (x) the outstanding principal amount of Tranche B-1 Loans on the Effective Date multiplied by (y) the percentage set forth below opposite such Tranche B-1 Loan Repayment Date (each, a “Tranche B-1 Loan Repayment Amount”), as each such Tranche B-1 Loan Repayment Amount may be reduced pursuant to the other terms hereof and the Credit Agreement: Date Tranche B-1 Loan Repayment Amount June 30, 2013 0.25% September 30, 2013 0.25% December 31, 2013 0.25% March 31, 2014 0.25% June 30, 2014 0.25% September 30, 2014 0.25% December 31, 2014 0.25% March 31, 2015 0.25% June 30, 2015 0.25% September 30, 2015 0.25% December 31, 2015 0.25% March 31, 2016 0.25% June 30, 2016 0.25% September 30, 2016 0.25% December 31, 2016 0.25% March 31, 2017 0.25% June 30, 2017 0.25% September 30, 2017 0.25% December 31, 2017 0.25% March 31, 2018 0.25% June 30, 2018 0.25% September 30, 2018 0.25% December 31, 2018 0.25% March 31, 2019 0.25% Tranche B-1 Loan Maturity Date Remaining outstanding amounts To the extent not previously paid, all Tranche B-1 Loans shall be due and payable on the Tranche B-1 Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Wabash National Corp /De)

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Amortization and Maturity Date. The Borrower shall repay to the Administrative Agent, in Dollars, for the benefit of the Tranche B-1 B-2 Lenders, on each date set forth below (or, if not a Business Day, the immediately preceding Business Day) (each, a “Tranche B-1 B-2 Loan Repayment Date”), a principal amount in respect of the Tranche B-1 B-2 Loans equal to (x) the outstanding principal amount of Tranche B-1 B-2 Loans on the Effective Date multiplied by (y) the percentage set forth below opposite such Tranche B-1 B-2 Loan Repayment Date (each, a “Tranche B-1 B-2 Loan Repayment Amount”), as each such Tranche B-1 B-2 Loan Repayment Amount may be reduced pursuant to the other terms hereof and the Credit Agreement: Date Tranche B-1 B-2 Loan Repayment Amount June 30, 2013 0.25% September 30, 2013 0.25% December 31, 2013 0.25% March 31, 2014 0.25% June 30, 2014 0.25% September 30, 2014 0.25% December 31, 2014 0.25% March 31, 2015 0.25% June 30, 2015 0.25% September 30, 2015 0.25% December 31, 2015 0.25% March 31, 2016 0.25% June 30, 2016 0.25% September 30, 2016 0.25% December 31, 2016 0.25% March 31, 2017 0.25% June 30, 2017 0.25% September 30, 2017 0.25% December 31, 2017 0.25% March 31, 2018 0.25% June 30, 2018 0.25% September 30, 2018 0.25% December 31, 2018 0.25% March 31, 2019 0.25% June 30, 2019 0.25% September 30, 2019 0.25% December 31, 2019 0.25% March 31, 2020 0.25% June 30, 2020 0.25% September 30, 2020 0.25% December 31, 2020 0.25% March 31, 2021 0.25% June 30, 2021 0.25% September 30, 2021 0.25% December 31, 2021 0.25% Tranche B-1 B-2 Loan Maturity Date Remaining outstanding amounts To the extent not previously paid, all Tranche B-1 B-2 Loans shall be due and payable on the Tranche B-1 B-2 Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

Amortization and Maturity Date. The Borrower shall repay to the Administrative Agent, in Dollars, for the benefit of the Tranche B-1 B-3 Lenders, on each date set forth below (or, if not a Business Day, the immediately preceding Business Day) (each, a “Tranche B-1 B-3 Loan Repayment Date”), a principal amount in respect of the Tranche B-1 B-3 Loans equal to (x) the outstanding principal amount of Tranche B-1 B-3 Loans on the Effective Date multiplied by (y) the percentage set forth below opposite such Tranche B-1 B-3 Loan Repayment Date (each, a “Tranche B-1 B-3 Loan Repayment Amount”), as each such Tranche B-1 B-3 Loan Repayment Amount may be reduced pursuant to the other terms hereof and the Credit Agreement: Date Tranche B-1 B-3 Loan Repayment Amount June 30, 2013 0.25% September 30, 2013 0.25% December 31, 2013 0.25% March 31, 2014 0.25% June 30, 2014 0.25% September 30, 2014 0.25% December 31, 2014 0.25% March 31, 2015 0.25% June 30, 2015 0.25% September 30, 2015 0.25% December 31, 2015 0.25% March 31, 2016 0.25% June 30, 2016 0.25% September 30, 2016 0.25% December 31, 2016 0.25% March 31, 2017 0.25% June 30, 2017 0.25% September 30, 2017 0.25% December 31, 2017 0.25% March 31, 2018 0.25% June 30, 2018 0.25% September 30, 2018 0.25% December 31, 2018 0.25% March 31, 2019 0.25% June 30, 2019 0.25% September 30, 2019 0.25% December 31, 2019 0.25% March 31, 2020 0.25% June 30, 2020 0.25% September 30, 2020 0.25% December 31, 2020 0.25% March 31, 2021 0.25% June 30, 2021 0.25% September 30, 2021 0.25% December 31, 2021 0.25% Tranche B-1 B-3 Loan Maturity Date Remaining outstanding amounts To the extent not previously paid, all Tranche B-1 B-3 Loans shall be due and payable on the Tranche B-1 B-3 Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

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Amortization and Maturity Date. The Borrower shall repay to the Administrative Agent, in Dollars, for the benefit of the Tranche B-1 B-4 Lenders, on each date set forth below (or, if not a Business Day, the immediately preceding Business Day) (each, a “Tranche B-1 B-4 Loan Repayment Date”), a principal amount in respect of the Tranche B-1 B-4 Loans equal to (x) the outstanding principal amount of Tranche B-1 B-4 Loans on the Effective Date multiplied by (y) the percentage set forth below opposite such Tranche B-1 B-4 Loan Repayment Date (each, a “Tranche B-1 B-4 Loan Repayment Amount”), as each such Tranche B-1 B-4 Loan Repayment Amount may be reduced pursuant to the other terms hereof and the Credit Agreement: Date Tranche B-1 B-4 Loan Repayment Amount June 30, 2013 0.25% September 30, 2013 0.25% December 31, 2013 0.25% March 31, 2014 0.25% June 30, 2014 0.25% September 30, 2014 0.25% December 31, 2014 0.25% March 31, 2015 0.25% June 30, 2015 0.25% September 30, 2015 0.25% December 31, 2015 0.25% March 31, 2016 0.25% June 30, 2016 0.25% September 30, 2016 0.25% December 31, 2016 0.25% March 31, 2017 0.25% June 30, 2017 0.25% September 30, 2017 0.25% December 31, 2017 0.25% March 31, 2018 0.25% June 30, 2018 0.25% September 30, 2018 0.25% December 31, 2018 0.25% March 31, 2019 0.25% June 30, 2019 0.25% September 30, 2019 0.25% December 31, 2019 0.25% March 31, 2020 0.25% June 30, 2020 0.25% September 30, 2020 0.25% December 31, 2020 0.25% March 31, 2021 0.25% June 30, 2021 0.25% September 30, 2021 0.25% December 31, 2021 0.25% Tranche B-1 B-4 Loan Maturity Date Remaining outstanding amounts To the extent not previously paid, all Tranche B-1 B-4 Loans shall be due and payable on the Tranche B-1 B-4 Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

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