Initial Term Loan. The Borrowers shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (as the amounts of individual installments may be adjusted pursuant to Section 4.4) on the last Business Day of each of March, June, September and December commencing December 31, 2021; provided, however, that the final principal repayment installment of the Initial Term Loan shall be repaid on the Term Loan Maturity Date in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date, together with accrued interest thereon.
Appears in 4 contracts
Sources: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp)
Initial Term Loan. The Borrowers Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 1,500,000 (except as the amounts of individual installments may be adjusted pursuant to Section 4.44.4 hereof) on the last Business Day of each of March, June, September and December commencing December 31September 30, 20212017; provided, however, that the final principal repayment installment of the Initial Term Loan Loans shall be repaid on the Term Loan Maturity Date in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date, together with accrued interest thereon.
Appears in 4 contracts
Sources: Credit Agreement (Switch, Inc.), Credit Agreement (Switch, Inc.), Credit Agreement (Switch, Inc.)
Initial Term Loan. The Borrowers Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (as the amounts of individual installments may be adjusted pursuant to Section 4.4) 3,750,000.00 on the last Business Day of each of March, June, September and December commencing December March 31, 2021; provided2022, howeverexcept as the amounts of individual installments may be adjusted pursuant to Section 2.23 hereof. If not sooner paid, that the final principal repayment installment of the Initial Term Loan shall be repaid on the Term Loan Maturity Date paid in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such datefull, 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 Borrowers Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (as the amounts of individual installments may be adjusted pursuant to Section 4.4) 6,250,000.00 on the last Business Day of each of March, June, September and December December, commencing December 31June 30, 2021; provided, howeverexcept as the amounts of individual installments may be adjusted pursuant to Section 2.11 hereof. If not sooner paid, that the final principal repayment installment of the Initial Term Loan shall be repaid on the Term Loan Maturity Date paid in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such datefull, 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 Borrowers Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (on each Term Loan Installment Date as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4) on the last Business Day of each of March4.4 hereof: The first four Term Loan Installment Dates $ 1,875,000 Each Term Loan Installment Date thereafter $ 3,750,000 If not sooner paid, June, September and December commencing December 31, 2021; provided, however, that the final principal repayment installment of the Initial Term Loan shall be repaid on the Term Loan Maturity Date paid in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such datefull, together with accrued interest thereon, on the Term Loan Maturity Date.
Appears in 1 contract
Sources: Credit Agreement (Synaptics Inc)
Initial Term Loan. The Borrowers Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (as the amounts of individual installments may be adjusted pursuant to Section 4.4) 437,500 on the last Business Day of each of March, June, September and December commencing December March 31, 20212014, except as the amounts of individual installments may be adjusted pursuant to Section 2.4 hereof; provided, however, provided that the final principal repayment installment of the Initial Term Loan shall be repaid paid in full on the Term Loan Maturity Date in an amount equal to the aggregate outstanding principal amount of all the Initial Term Loans outstanding Loan on such date, date (together with all accrued interest thereon).
Appears in 1 contract
Initial Term Loan. The Borrowers shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments equal to $2,862,500 (as the amounts of individual installments may be adjusted pursuant to Section 4.4) on the last Business Day of each of March, June, September and December commencing December 31, 2021; provided, however, that 146960219_6 the final principal repayment installment of the Initial Term Loan shall be repaid on the Term Loan Maturity Date in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date, together with accrued interest thereon.
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