Common use of Facility B Clause in Contracts

Facility B. The Facility B Advances shall be repaid to the Lender in consecutive principal installments of $250,000 (or such lesser amount as is then outstanding with respect to Facility B), which shall be payable on the last day of each January, April, July and October, with the first such installment to be paid on January 31, 2000, and the last such installment to be paid on April 30, 2005, at which time the entire unpaid principal and accrued but unpaid interest with respect to the Facility B Advances shall be due and payable in full.

Appears in 1 contract

Sources: Credit Agreement (Ocular Sciences Inc /De/)

Facility B. The Facility B Advances shall be repaid to the Lender in consecutive principal installments of $250,000 300,000 (or such lesser amount as is then outstanding with respect to Facility B), which shall be payable on the last day of each January, April, July and October, with the first such installment to be paid on January July 31, 2000, and the last such installment to be paid on April 30October 31, 20052004, at which time the entire unpaid principal and accrued but unpaid interest with respect to the Facility B Advances shall be due and payable in full.

Appears in 1 contract

Sources: Credit Agreement (Ocular Sciences Inc /De/)

Facility B. The Facility B Advances shall be repaid to the Lender in consecutive principal installments of $250,000 (or such lesser amount as is then outstanding with respect to Facility B), which shall be payable on the last day of each January, April, July and October, with the first such installment to be paid on January July 31, 20001999, and the last such installment to be paid on April 30October 31, 20052004, at which time the entire unpaid principal and accrued but unpaid interest with respect to the Facility B Advances shall be due and payable in full.

Appears in 1 contract

Sources: Credit Agreement (Ocular Sciences Inc /De/)