Common use of Amortization of Term Loans Clause in Contracts

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrowers shall repay Term Loan Borrowings on the last Friday of each February, May, August and November in an amount equal to $3,875,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this SectionSection 2.10, the Borrowers Borrower shall repay Term Loan Borrowings on the last Friday day of each November, February, May, May and August and November in an amount equal to $3,875,000, together in each case with accrued and unpaid interest 2,262,500.00 (commencing on the principal amount first such date to be paid to but excluding occur after the date of such paymentAmendment No. 2 Effective Date); provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this SectionSection 2.14 and Section 2.15, the Borrowers Borrower shall repay Term Loan Borrowings Loans on the last Friday September 30th, December 31st, March 31st and June 30th of each Februaryfiscal year (commencing with December 31st, May, August and November 2015) in an amount equal to of $3,875,0002,500,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding next-following Business Day.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this SectionSection 2.16 and Section 2.17, the Borrowers Borrower shall repay Term Loan Borrowings Loans on the last Friday September 30th, December 31st, March 31st and June 30th of each Februaryfiscal year (commencing with December 31, May, August and November 2022) in an amount equal to of $3,875,0004,125,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding next-following Business Day.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this SectionSection 2.16 and Section 2.17, the Borrowers Borrower shall repay Term Loan Borrowings Loans on the last Friday September 30th, December 31st, March 31st and June 30th of each Februaryfiscal year (commencing with March 31, May, August and November 2020) in an amount equal to of $3,875,0003,250,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding next-following Business Day.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this SectionSection 2.16 and Section 2.17, the Borrowers Borrower shall repay Term Loan Borrowings Loans on the last Friday September 30th, December 31st, March 31st and June 30th of each Februaryfiscal year (commencing with December 31, May, August and November 2018) in an amount equal to of $3,875,0002,500,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding next-following Business Day.