Common use of Initial Term Loan Clause in Contracts

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $3,750,000.00 on the last Business Day of each of March, June, September and December commencing March 31, 2022, except as the amounts of individual installments may be adjusted pursuant to Section 2.23 hereof. If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Appears in 2 contracts

Sources: Credit Agreement (Fair Isaac Corp), Credit Agreement (Fair Isaac Corp)

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $3,750,000.00 6,250,000.00 on the last Business Day of each of March, June, September and December December, commencing March 31June 30, 20222021, except as the amounts of individual installments may be adjusted pursuant to Section 2.23 2.11 hereof. If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Appears in 2 contracts

Sources: Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.)

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $3,750,000.00 on the last Business Day of each of March, June, September and December commencing March 31September 30, 20222014 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 2.23 4.4 hereof. : If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Initial Term Loan Maturity Date.

Appears in 1 contract

Sources: Term Loan Agreement (FTS International, Inc.)

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $3,750,000.00 on the last Business Day of each of March, June, September and December commencing March December 31, 20222014 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 2.23 4.5 hereof. : If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Fidelity National Financial, Inc.)

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $3,750,000.00 on the last Business Day of each of March, June, September and December commencing March 31June 30, 20222014 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 2.23 2.4 hereof. : If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Initial Term Loan Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Kronos Worldwide Inc)