C Term Loans Clause Samples
C Term Loans. The C Term Loans shall be repayable in twenty-eight (28) consecutive quarterly installments on the dates and in the amounts set forth below: Date Installment Amount July 31, 1996 $125,000 October 31, 1996 $125,000 January 31, 1997 $125,000 April 30, 1997 $125,000 July 31, 1997 $125,000 October 31, 1997 $125,000 January 31, 1998 $125,000 April 30, 1998 $125,000 July 31, 1998 $125,000 October 31, 1998 $125,000 January 31, 1999 $125,000 April 30, 1999 $125,000 July 31, 1999 $125,000 October 31, 1999 $125,000 January 31, 2000 $125,000 April 30, 2000 $125,000 July 31, 2000 $125,000 October 31, 2000 $125,000 January 31, 2001 $125,000 April 30, 2001 $125,000 July 31, 2001 $5,312,000 October 31, 2001 $5,312,000 January 31, 2002 $5,312,000 April 30, 2002 $5,312,000 July 31, 2002 $5,312,000 October 31, 2002 $5,312,000 January 31, 2003 $5,312,000 April 30, 2003 $5,316,000; provided, however, that, in any event, the twenty-eighth installment shall be in the amount of the then outstanding principal balance of the C Term Loans.
C Term Loans. Each Lender with a C Term Loan Commitment severally and not jointly agrees, subject to and upon the terms and conditions set forth in this Agreement, to make a term loan (collectively, the “C Term Loans”) to the Borrower, acting by and through its head office in Chile, on the Closing Date in an aggregate amount not to exceed at any time the amount of such Lender’s C Term Loan Commitment set forth on Schedule I; provided that the aggregate principal amount of all outstanding C Term Loan Commitments shall not exceed $6,944,444.44.