Mandatory Scheduled Repayments Sample Clauses

Mandatory Scheduled Repayments. There shall become due and payable and each Company shall repay an aggregate principal amount of the Term Notes issued by such Company on each Quarterly Date, commencing with the Quarterly Date occurring on August 1, 1997, equal to the applicable installment amount set forth below (or, if less, the aggregate outstanding principal amount of the Applicable Term Notes), in each case together with accrued and unpaid interest on the principal amount being repaid to and but excluding the date of payment:
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Mandatory Scheduled Repayments. There shall become due and payable and the Company shall repay an aggregate principal amount of the Tranche A Notes on each Quarterly Date, commencing with June 30, 2000, equal to the applicable installment amount set forth below (or, if less, the aggregate outstanding principal amount of the Tranche A Notes), in each case together with accrued and unpaid interest on the principal amount being repaid to and but excluding the date of payment: Installment Principal Amount Nos. 1-4 $ 250,000.00 Nos. 5-8 $ 562,500.00 Nos. 9-12 $ 625,000.00 Nos. 13-16 $ 812,500.00 Nos. 17-23 $ 1,000,000.00 The aggregate unpaid principal amount of the Tranche A Notes, together with accrued and unpaid interest thereon, shall be due and payable on March 9, 2006.
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Mandatory Scheduled Repayments. Commencing on April 1, 1999 and continuing on each Quarterly Date thereafter, the Company shall repay the Term Loans in quarterly installments of principle in an amount equal to the percentage set forth for such Quarterly Date below multiplied by the principal amount of Term Loans advanced on the Closing Date, PROVIDED that there shall become due and the Company shall pay on the Term Loan Maturity Date the entire outstanding principal amount of the Term Loans, together with accrued and unpaid interest on the principal amount being repaid to but excluding the date of payment. AMORTIZATION TABLE DATE QUARTERLY INSTALLMENT PERCENTAGES April 1, 1999 2.50% July 1, 1999 2.50% October 1, 1999 2.50% January 1, 2000 2.50% April 1, 2000 3.75% July 1, 2000 3.75% October 1, 2000 3.75% January 1, 2001 3.75% April 1, 2001 5.00% July 1, 2001 5.00% October 1, 2001 5.00% January 1, 2002 5.00% April 1, 2002 5.00% July 1, 2002 5.00% October 1, 2002 5.00% January 1, 2003 5.00% April 1, 2003 5.00% July 1, 2003 5.00% October 1, 2003 5.00%
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Mandatory Scheduled Repayments. There shall become due and payable and the Company shall repay an aggregate principal amount of the Tranche A Notes on each Quarterly Date, commencing with the third Quarterly Date following the Closing Date, equal to the applicable installment amount set forth below (or, if less, the aggregate outstanding principal amount of the Tranche A Notes), in each case together with accrued and unpaid interest on the principal amount being repaid to but excluding the date of payment:
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Mandatory Scheduled Repayments. 60 6.2 Mandatory Repayments from Asset Sales, Insurance Proceeds, Subordinated Debt and Excess Cashflow ........................................................................................................................ 60
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Mandatory Scheduled Repayments. (a) Except to the extent that the Outstandings in respect of a Credit Facility are required to be repaid at any earlier date pursuant to the terms hereof, on the Maturity Date of each Lender, the Borrower shall repay all Outstandings owing to such Lender under the Credit Facilities.
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Mandatory Scheduled Repayments. (a) Except to the extent that the Outstandings in respect of a Credit Facility are required to be repaid at any earlier date pursuant to the terms hereof, on the Maturity Date of each Lender, the Borrower shall repay all Outstandings owing to such Len... (b) The Borrower shall, on each Quarterly Instalment Date (commencing with the third Banking Day in April, 2019), repay Outstanding Principal under the Term Facility in an amount equal to the Term Facility Repayment Instalment, together with all accru...
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Mandatory Scheduled Repayments. (1) The Borrower shall repay (subject to Section 9.01) the Accommodations Outstanding under the Operating Facility and the Commitments thereunder shall be permanently cancelled, on the Relevant Repayment Date in respect of the Operating Facility, together with all accrued interest and Fees and all other amounts payable to the applicable Lenders in connection therewith.
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Mandatory Scheduled Repayments. (1) SGC shall repay (subject to Section 2.05 and Section 9.01) the Accommodations Outstanding under the Operating Facility and the Commitments thereunder shall be permanently cancelled, on the Relevant Repayment Date in respect of the Operating Facility, together with all accrued interest and Fees and all other amounts payable to the applicable Lenders in connection therewith.
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Related to Mandatory Scheduled Repayments

  • Mandatory Repayments (a) On any day on which the sum of (I) the aggregate outstanding principal amount of all Revolving Loans (after giving effect to all other repayments thereof on such date), (II) the aggregate outstanding principal amount of all Swingline Loans (after giving effect to all other repayments thereof on such date) and (III) the aggregate amount of all Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall prepay on such day the principal of Swingline Loans and, after all Swingline Loans have been repaid in full or if no Swingline Loans are outstanding, Revolving Loans in an amount equal to such excess. If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Loans, the aggregate amount of the Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall pay to the Administrative Agent at the Payment Office on such day an amount of cash and/or Cash Equivalents equal to the amount of such excess (up to a maximum amount equal to the Letter of Credit Outstandings at such time), such cash and/or Cash Equivalents to be held as security for all Obligations of the Borrower to the Issuing Lenders and the Lenders hereunder in a cash collateral account to be established by the Administrative Agent.

  • Mandatory Prepayments (a) If on any date the Borrower or any of its Subsidiaries shall receive Net Cash Proceeds from any Asset Sale or Recovery Event then, with respect to an amount equal to 75% of such Net Cash Proceeds (“Allocated Proceeds”; provided that the Borrower or such Subsidiary may instead deem a portion of such Net Cash Proceeds equal to the first 75% of the Total Net Proceeds to the Borrower or such Subsidiary from such Asset Sale or Recovery Event, when and as received, to be the Allocated Proceeds of such Asset Sale or Recovery Event), (i) if such Allocated Proceeds are not Reinvestment Proceeds, such Allocated Proceeds shall be applied on the fifth Business Day after the date such proceeds are received toward the prepayment of the Term Loans or (ii) if such Allocated Proceeds are Reinvestment Proceeds, on each Reinvestment Prepayment Date, an amount equal to the relevant Reinvestment Prepayment Amount shall be applied toward the prepayment of the Term Loans in the manner specified in Section 2.9(c); provided that, notwithstanding clauses (i) and (ii) above, to the extent that the terms of the documentation for any First Lien Notes or Pre-Existing Debt that is secured on a pari passu basis with the Obligations under this Agreement require that a portion of such Allocated Proceeds be applied to purchase First Lien Notes or Pre-Existing Debt pursuant to a mandatory offer to purchase such First Lien Notes or Pre-Existing Debt, such Allocated Proceeds may be applied to prepay Term Loans in accordance with Section 2.9(c) and purchase First Lien Notes and/or Pre-Existing Debt on a pro rata basis based on the respective amounts of Term Loans and First Lien Notes and/or Pre-Existing Debt then outstanding.

  • Mandatory Prepayments Commitment Reductions 68 2.13 Application of Prepayments/Reductions ..............................................70 2.14 Allocation of Certain Payments and Proceeds.........................................71 2.15

  • Other Mandatory Prepayments In addition to and without limiting any provision of any Loan Document:

  • Mandatory Repayments and Commitment Reductions (a) In addition to any other mandatory repayments pursuant to this Section 4.02 or any other Section of this Agreement, (i) the outstanding Loans (other than Deferred Loans) shall be repaid on each Repayment Date (or such other date as may be agreed between the Facility Agent and the Borrower) (without further action of the Borrower being required) as set forth under the heading “Part 1” on Schedule 4.02 hereto and (ii) the outstanding Deferred Loans shall be repaid on each Repayment Date (or such other date as may be agreed between the Facility Agent and the Borrower) (without further action of the Borrower being required) (x) in the case of the First Deferred Loans, as set forth under the heading “Part 2” on Schedule 4.02 hereto and (y) in the case of the Second Deferred Loans, as set forth under the heading “Part 3” on Schedule 4.02 hereto (each such repayment of a Loan (including a Deferred Loan), a “Scheduled Repayment”). The repayment schedule for the Loans (other than Deferred Loans) and Deferred Loans is set forth in Schedule 4.02.

  • Mandatory Repayment The aggregate principal amount of the Loans outstanding on the Maturity Date, together with accrued but unpaid interest thereon, shall be due and payable in full on the Maturity Date.

  • Repayments a. The Grantee shall refund to Florida Housing any funds paid in excess of the amount to which the Grantee is entitled under the terms and conditions of this Agreement.

  • Mandatory Prepayments of Loans If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect. All amounts required to be paid pursuant to this Section 2.05(b) shall be applied first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations; and Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

  • Mandatory Prepayments and Commitment Reductions 22 2.7 Conversion and Continuation Options............................ 23 2.8 Limitations on Eurodollar Tranches............................. 23 2.9 Interest Rates and Payment Dates............................... 23 2.10 Computation of Interest and Fees............................... 24 2.11 Inability to Determine Interest Rate........................... 24 2.12 Pro Rata Treatment and Payments................................ 25 2.13

  • Mandatory Prepayment The Borrower shall be obliged to prepay the Relevant Amount if a Ship is sold or becomes a Total Loss:

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