Common use of AXELs Series B Advances Clause in Contracts

AXELs Series B Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the AXELs Series B Lenders the aggregate 54 48 outstanding principal amount of the AXELs Series B Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): DATE AMOUNT June 30, 1996 $150,000 September 30, 1996 $150,000 December 31, 1996 $450,000 March 31, 1997 $843,940 June 30, 1997 $281,310 September 30, 1997 $281,310 December 31, 1997 $843,940 March 31, 1998 $843,940 June 30, 1998 $281,310 September 30, 1998 $281,310 December 31, 1998 $843,940 March 31, 1999 $843,940 June 30, 1999 $281,310 September 30, 1999 $281,310 December 31, 1999 $843,940 March 31, 2000 $843,940 June 30, 2000 $281,310 September 30, 2000 $281,310 December 31, 2000 $843,940 March 31, 2001 $843,940 June 30, 2001 $281,310 September 30, 2001 $281,310 December 31, 2001 $843,940 March 31, 2002 $843,940 June 30, 2002 $281,310 September 30, 2002 $281,310 December 31, 2002 $843,940 March 31, 2003 $843,940 June 30, 2003 $15,612,880 September 30, 2003 $15,612,880 December 31, 2003 $46,838,640 March 31, 2004 $46,838,640 55 49 provided, however, that the final principal installment shall be repaid on the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the AXELs Series B Advances outstanding on such date.

AXELs Series B Advances. The Borrower shall repay to the ------------------------ Administrative Agent for the ratable account of the AXELs Series B Lenders the aggregate 54 48 outstanding principal amount of the AXELs Series B Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): DATE AMOUNT Date Amount ---- ------ June 30, 1996 $$ 150,000 September 30, 1996 $$ 150,000 December 31, 1996 $$ 450,000 March 31, 1997 $$ 843,940 June 30, 1997 $$ 281,310 September 30, 1997 $$ 281,310 December 31, 1997 $$ 843,940 March 31, 1998 $$ 843,940 June 30, 1998 $$ 281,310 September 30, 1998 $$ 281,310 December 31, 1998 $$ 843,940 March 31, 1999 $$ 843,940 June 30, 1999 $$ 281,310 September 30, 1999 $$ 281,310 December 31, 1999 $$ 843,940 March 31, 2000 $$ 843,940 June 30, 2000 $$ 281,310 September 30, 2000 $$ 281,310 December 31, 2000 $$ 843,940 March 31, 2001 $$ 843,940 June 30, 2001 $$ 281,310 September 30, 2001 $$ 281,310 December 31, 2001 $$ 843,940 March 31, 2002 $$ 843,940 June 30, 2002 $$ 281,310 September 30, 2002 $$ 281,310 December 31, 2002 $$ 843,940 March 31, 2003 $$ 843,940 June 30, 2003 $15,612,880 September 30, 2003 $15,612,880 December 31, 2003 $46,838,640 March 31, 2004 $46,838,640 55 49 provided, however, that the final principal installment shall be repaid on the -------- ------- Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the AXELs Series B Advances outstanding on such date.

AXELs Series B Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the AXELs Series B Lenders the aggregate 54 48 outstanding principal amount of the AXELs Series B Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): DATE AMOUNT ---- ------ June 30, 1996 $150,000 September 30, 1996 $150,000 December 31, 1996 $450,000 March 31, 1997 $843,940 June 30, 1997 $281,310 September 30, 1997 $281,310 December 31, 1997 $843,940 March 31, 1998 $843,940 June 30, 1998 $281,310 September 30, 1998 $281,310 79 49 DATE AMOUNT ---- ------ December 31, 1998 $843,940 March 31, 1999 $843,940 June 30, 1999 $281,310 September 30, 1999 $281,310 December 31, 1999 $843,940 March 31, 2000 $843,940 June 30, 2000 $281,310 September 30, 2000 $281,310 December 31, 2000 $843,940 March 31, 2001 $843,940 June 30, 2001 $281,310 September 30, 2001 $281,310 December 31, 2001 $843,940 March 31, 2002 $843,940 June 30, 2002 $281,310 September 30, 2002 $281,310 December 31, 2002 $843,940 March 31, 2003 $843,940 June 30, 2003 $15,612,880 September 30, 2003 $15,612,880 December 31, 2003 $46,838,640 March 31, 2004 $46,838,640 55 49 provided, however, that the final principal installment shall be repaid on the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the AXELs Series B Advances outstanding on such date.

AXELs Series B Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the AXELs Series B Lenders the aggregate 54 48 outstanding principal amount of the AXELs Series B Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): DATE AMOUNT Date Amount ---- ------ June 30, 1996 $150,000 September 30, 1996 $150,000 December 31, 1996 $450,000 March 31, 1997 $843,940 June 30, 1997 $281,310 September 30, 1997 $281,310 December 31, 1997 $843,940 March 31, 1998 $843,940 June 30, 1998 $281,310 September 30, 1998 $281,310 December 31, 1998 $843,940 March 31, 1999 $843,940 June 30, 1999 $281,310 September 30, 1999 $281,310 December 31, 1999 $843,940 March 31, 2000 $843,940 June 30, 2000 $281,310 September 30, 2000 $281,310 December 31, 2000 $843,940 March 31, 2001 $843,940 June 30, 2001 $281,310 September 30, 2001 $281,310 December 31, 2001 $843,940 March 31, 2002 $843,940 June 30, 2002 $281,310 September 30, 2002 $281,310 December 31, 2002 $843,940 March 31, 2003 $843,940 June 30, 2003 $15,612,880 September 30, 2003 $15,612,880 December 31, 2003 $46,838,640 March 31, 2004 $46,838,640 55 49 provided, however, that the final principal installment shall be repaid on the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the AXELs Series B Advances outstanding on such date.