Initial Term Facility. (i) The Company shall make a one-time amortization payment of $50,000,000.00 on or before March 31, 2016, and this one-time amortization payment will reduce the principal amount of the Initial Term Facility for subsequent amortization. (ii) The Company shall, on each date set forth below, pay a principal amount of the Initial Term Facility in an aggregate amount equal to the percentage set forth below for such date of the original principal amount of the Initial Term Facility (less the principal payment made pursuant to Section 2.07(a)(i) ):
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Sources: Credit Agreement (Madison Square Garden Entertainment Corp.)
Initial Term Facility. (i) The Company shall make a one-time amortization payment of $50,000,000.00 on or before March 31, 2016, and this one-time amortization payment will reduce the principal amount of the Initial Term Facility for subsequent amortization.
(ii) The Company shall, on each date set forth below, pay a principal amount of the Initial Term Facility in an aggregate amount equal to the percentage set forth below for such date of the original principal amount of the Initial Term Facility (less the principal payment made pursuant to Section 2.07(a)(i) )):
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