First Tranche Notes Clause Samples
First Tranche Notes. Subject to the terms and conditions set forth herein and in reliance upon the representations and warranties of the Credit Parties set forth herein, each First Tranche Purchaser severally and not jointly agrees to purchase from the Issuer on the First Tranche Notes Issuance Date, and the Issuer agrees to issue to each such First Tranche Purchaser, a note substantially in the form of Exhibit B-1 (each a “First Tranche Note” and collectively, the “First Tranche Notes”) in the amount set forth opposite such First Tranche Purchaser’s name in Schedule 2.01 under the heading “First Tranche Note Purchase Commitment” (such amount being referred to herein as such First Tranche Purchaser’s “First Tranche Note Purchase Commitment”). The First Tranche Notes Issuance shall consist of First Tranche Notes simultaneously issued by the Issuer to each of the First Tranche Purchasers in accordance with their respective First Tranche Note Purchase Commitments. Amounts which are repaid on the First Tranche Notes may not be reborrowed.
First Tranche Notes. The Issuer shall repay the outstanding principal amount of the First Tranche Notes in installments on the dates set forth below, in each case, in the respective amounts set forth in the table below (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.03), unless accelerated sooner pursuant to Section 9.02: March 31, 2024 5.0 % June 30, 2024 5.0 % September 30, 2024 5.0 % December 31, 2024 5.0 % March 31, 2025 5.0 % June 30, 2025 5.0 % September 30, 2025 5.0 % December 31, 2025 5.0 % March 31, 2026 5.0 % June 30, 2026 5.0 % Maturity Date Outstanding Principal Balance Of First Tranche Notes provided, however, that, (x) notwithstanding anything to the contrary set forth in this Agreement, the final principal repayment installment of the First Tranche Notes shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all First Tranche Notes outstanding on such date and (y) if any principal repayment installment to be made by the Issuer shall come due on a day other than a Business Day, such principal repayment installment shall be due on the next succeeding Business Day (other than with respect to the Maturity Date which shall be due on the first preceding Business Day).
First Tranche Notes. The Issuer shall repay the outstanding principal amount of the First Tranche Notes in installments on the dates set forth below, in each case, in the respective amounts set forth in the table below (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.03), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment (% of Aggregate Principal Amount of First Tranche Notes Outstanding on March 31, 2024) June 30, 2024 [***] September 30, 2024 [***] December 31, 2024 [***] March 31, 2025 [***] June 30, 2025 [***] September 30, 2025 [***] December 31, 2025 [***] March 31, 2026 [***] Maturity Date Outstanding Principal Balance Of First Tranche Notes provided, however, that, (x) the final principal repayment installment of the First Tranche Notes shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all First Tranche Notes outstanding on such date and (y) if any principal repayment installment to be made by the Issuer shall come due on a day other than a Business Day, such principal repayment installment shall be due on the first preceding Business Day.
First Tranche Notes. The Issuer shall repay the outstanding principal amount of the First Tranche Notes in installments on the dates set forth below, in each case, in the respective amounts set forth in the table below (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.03), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment (% of Aggregate Principal Amount of First Tranche Notes Outstanding on March 31, 2024) Maturity Date Outstanding Principal Balance Of First Tranche Notes provided, however, that, (x) notwithstanding anything to the contrary set forth in this Agreement, the final principal repayment installment of the First Tranche Notes shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all First Tranche Notes outstanding on such date and (y) if any principal repayment installment to be made by the Issuer shall come due on a day other than a Business Day, such principal repayment installment shall be due on the next succeeding Business Day (other than with respect to the Maturity Date which shall be due on the first preceding Business Day).