Common use of Amortization and Maturity Date Clause in Contracts

Amortization and Maturity Date. The Term B-2 Loans of each Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each of December, March, June and September, commencing on the last Business Day of March 2012, in an amount equal to one quarter of one percent (0.25%) of the aggregate amount of Term B-2 Loans extended on the Third Amendment Effective Date (as adjusted to reflect any prepayments thereof (other than any Discounted Voluntary Prepayment)), with the remaining balance of Term B-2 Loans payable on August 7, 2017 (the “Term B-2 Maturity Date”).

Appears in 1 contract

Sources: Credit Agreement (Allison Transmission Holdings Inc)

Amortization and Maturity Date. The Term B-2 Loans of each Term B-2 Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each of December, March, June and September, commencing on the last Business Day of March 20122013, in an amount equal to one quarter of one percent (0.25%) of the aggregate amount of Term B-2 Loans extended made on the Third Sixth Amendment Effective Date (as adjusted to reflect any prepayments thereof (other than any Discounted Voluntary Prepayment)), with the remaining balance of Term B-2 Loans payable on August 7, 2017 (the “Term B-2 Maturity Date”).

Appears in 1 contract

Sources: Credit Agreement (Allison Transmission Holdings Inc)

Amortization and Maturity Date. The Term B-2 B-3 Loans of each Term B-3 Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each of December, March, June and September, commencing on the last Business Day of March September 2012, in an amount equal to one quarter of one percent (0.25%) of the aggregate amount of Term B-2 B-3 Loans extended made on the Third Fourth Amendment Effective Date (as adjusted to reflect any prepayments thereof (other than any Discounted Voluntary Prepayment)), with the remaining balance of Term B-2 B-3 Loans payable on August 723, 2017 2019 (the “Term B-2 B-3 Maturity Date”).

Appears in 1 contract

Sources: Credit Agreement (Allison Transmission Holdings Inc)