Repayment and Amortization of Loans; Evidence of Debt Sample Clauses

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers hereby unconditionally promise to pay (i) to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date and (ii) to the Administrative Agent the then unpaid amount of each Protective Advance on the earlier of the Maturity Date and demand by the Administrative Agent. (b) On each Business Day during a Dominion Trigger Period, the Administrative Agent shall apply an amount equal to the ledger balance in the Collection Deposit Account on such Business Day or the immediately preceding Business Day (at the discretion of the Administrative Agent) first, to prepay any Protective Advances that may be outstanding, pro rata; second, to prepay the Swingline Loans; and third, pro rata, to prepay the Revolving Loans (without a corresponding reduction in the Revolving Commitments) and if an Event of Default has occurred and is continuing, deposit in the LC Collateral Account cash in an amount equal to 105% of the Letter of Credit Shortfall Amount. (c) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrowers to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. (d) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrowers to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. (e) The entries made in the accounts maintained pursuant to paragraph (c) or (d) of this Section shall be prima facie evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrowers to repay the Loans in accordance with the terms of this Agreement. (f) Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrowers shall prepare, execute and deliver to such Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to su...
Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the date that occurs ten (10) Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.10(a) and Section 2.10(d)):To the extent not previously repaid, all unpaid Term Loans shall be paid in full on the Maturity Date.(b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.
Repayment and Amortization of Loans; Evidence of Debt. (0) The Borrowers hereby unconditionally promise to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date, (ii) to the Administrative Agent the then unpaid amount of each Protective Advance on the earlier of the Maturity Date and written demand by the Administrative Agent, (iii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the fifth Business Day after such Swingline Loan is made; provided that on each date that a Revolving Loan is made, the Borrowers shall repay all Swingline Loans then outstanding and the proceeds of any such Revolving Loan shall be applied by the Administrative Agent to repay any Swingline Loans outstanding, and (iv) to the Administrative Agent the then unpaid principal amount of each Overadvance on the earlier of the Maturity Date and written demand by the Administrative Agent.
Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Revolving Credit Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Credit Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. If the Term Loan Funding Date occurs on or prior to September 30, 2012, the Canadian Borrower shall repay the Term Loans on each date set forth in the table below in the aggregate principal amount set forth opposite such date, with the balance of the Term Loans to be paid on the Term Loan Maturity Date: If the Term Loan Funding Date occurs on or after October 1, 2012, the Canadian Borrower shall repay the Term Loans on each date set forth in the table below in the aggregate principal amount set forth opposite such date, with the balance of the Term Loans to be paid on the Term Loan Maturity Date:
Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding and the proceeds of any such Revolving Borrowing shall be applied by the Administrative Agent to repay any Swingline Loans outstanding. The Company shall repay Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Date March 31, 2017 $ 5,625,000 June 30, 2017 $ 5,625,000 September 30, 2017 $ 5,625,000 December 31, 2017 $ 5,625,000 March 31, 2018 $ 5,625,000 June 30, 2018 $ 5,625,000 September 30, 2018 $ 5,625,000 December 31, 2018 $ 5,625,000 March 31, 2019 $ 7,500,000 June 30, 2019 $ 7,500,000 September 30, 2019 $ 7,500,000 December 31, 2019 $ 7,500,000 March 31, 2020 $ 7,500,000 June 30, 2020 $ 7,500,000 September 30, 2020 $ 7,500,000 December 31, 2020 $ 7,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on the Maturity Date. Notwithstanding anything to the contrary in this Agreement, no Foreign Subsidiary Borrower will be liable for any Obligations of any U.S. Person.(b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.(c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the Class, Agreed Currency and Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the accou...
Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Exhibit 4.5 Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the sixth (6th) Business Day after such Swingline Loan is made. With respect to the Term Loans, the Company shall repay the Term Loans then owing by the Company on the last day of (x) each of the first four fiscal quarters of the Company ending on or after March 31, 2019 in the aggregate principal amount equal to $2,187,500 for each such fiscal quarter and (y) each fiscal quarter of the Company ending thereafter in the aggregate principal amount equal to $4,375,000 for each such fiscal quarter, in each case, as adjusted from time to time pursuant to Section 2.11(a). To the extent not previously repaid, all unpaid Term Loans then owing by the applicable Borrower shall be paid in full in the same currency of such Term Loan by such Borrower on the Maturity Date.
Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay Term Loans on each date set forth below (subject to adjustment pursuant to Section 2.18(a)) in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Date June 30, 2008 $ 1,875,000 September 30, 2008 $ 1,875,000 December 31, 2008 $ 1,875,000 March 31, 2009 $ 1,875,000 June 30, 2009 $ 3,750,000 September 30, 2009 $ 3,750,000 December 31, 2009 $ 3,750,000 March 31, 2010 $ 3,750,000 June 30, 2010 $ 5,625,000 September 30, 2010 $ 5,625,000 December 31, 2010 $ 5,625,000 March 31, 2011 $ 5,625,000 June 30, 2011 $ 7,500,000 September 30, 2011 $ 7,500,000 December 31, 2011 $ 7,500,000 March 30, 2012 $ 7,500,000 June 30, 2012 $ 18,750,000 September 30, 2012 $ 18,750,000 December 31, 2012 $ 37,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on the Maturity Date.(b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.
Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Lender the then unpaid principal amount of each 2012 Revolving Loan on the 2012 Revolving Credit Maturity Date and each 2014 Revolving Loan on the 2014 Revolving Credit Maturity Date, and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on or before the fifth (5th) Business Day after the date on which such Swingline Loan is made or such later date to which the Swingline Lender and the Borrower agree and, in any event, on the 2012 Revolving Credit Maturity Date and, following the 2012 Revolving Credit Maturity Date, on the 2014 Revolving Credit Maturity Date. The Borrower shall repay the Incremental Term Loans as set forth in the applicable Commitment and Acceptance in accordance with Section 2.04. The Borrower shall (i) repay the 2012 Tranche A Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(e)): and (ii) repay the 2014 Tranche A Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(e)): To the extent not previously repaid, all unpaid 2012 Tranche A Term Loans shall be repaid in full in cash by the Borrower on the 2012 Revolving Credit Maturity Date. To the extent not previously repaid, all unpaid 2014 Tranche A Term Loans shall be repaid in full in cash by the Borrower on the 2014 Revolving Credit Maturity Date. In addition, the Borrower shall (i) repay the 2014 Tranche B Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about June 30, 2010) in an aggregate principal amount equal to $1,784,704.69 (as adjusted from time to time pursuant to Section 2.11(e)), (ii) repay the 2016 Tranche B Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about September 30, 2010) in an aggregate principal amount equal to $1,230,983.02 (as adjusted from time to time pursuant to Section 2.11(e)) and (iii) repay the 2017 Tranche B Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about September 30, 2010) in an aggregate principal amount equal to $1,402,853.43 (as adjusted from time to time pursuant to Section 2.11(e)). To the extent not previously repaid, all unpa...
Repayment and Amortization of Loans; Evidence of Debt. (1) (i) The U.S. Borrowers hereby unconditionally promise to pay (A) to the Administrative Agent for the account of each U.S. Lender the then unpaid principal amount of each U.S. Revolving Loan on the Maturity Date, (B) to the Administrative Agent the then unpaid principal amount of each U.S. Protective Advance on the earlier of the Maturity Date and demand by the Administrative Agent and (C) to the Administrative Agent the then unpaid principal amount of each U.S. Overadvance on the earliest of the Maturity Date, the forty-fifth (45th) day after such U.S. Overadvance is made, and demand by the Administrative Agent; and (ii) the Canadian Borrowers hereby unconditionally promise to pay (A) to the Canadian Administrative Agent for the account of each Canadian Lender the then unpaid principal amount of each Canadian Revolving Loan on the Maturity Date, (B) to the Canadian Administrative Agent the then unpaid amount of each Canadian Protective Advance on the earlier of the Maturity Date and demand by the Canadian Administrative Agent and (C) to the Canadian Administrative Agent the then unpaid principal amount of each Canadian Overadvance on the earliest of the Maturity Date, the forty-fifth (45th) day after such Canadian Overadvance is made, and demand by the Canadian Administrative Agent.
Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding and the proceeds of any such Borrowing shall be applied by the Administrative Agent to repay any Swingline Loans outstanding. The Company shall repay each Class of Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(f)):Date June 30, 2017 $ 1,250,000 $ 3,750,000 September 30, 2017 $ 1,250,000 $ 3,750,000 December 31, 2017 $ 1,250,000 $ 3,750,000 March 31, 2018 $ 1,250,000 $ 3,750,000 June 30, 2018 $ 1,250,000 $ 3,750,000 September 30, 2018 $ 1,250,000 $ 3,750,000 December 31, 2018 $ 1,250,000 $ 3,750,000 March 31, 2019 $ 1,250,000 $ 3,750,000 June 30, 2019 $ 1,875,000 $ 5,625,000 September 30, 2019 $ 1,875,000 $ 5,625,000 December 31, 2019 $ 1,875,000 $ 5,625,000 March 31, 2020 $ 1,875,000 $ 5,625,000 June 30, 2020 $ 2,500,000 $ 7,500,000 September 30, 2020 $ 2,500,000 $ 7,500,000 December 31, 2020 $ 2,500,000 $ 7,500,000 March 31, 2021 $ 2,500,000 $ 7,500,000 June 30, 2021 $ 3,125,000 $ 9,375,000 September 30, 2021 $ 3,125,000 $ 9,375,000 December 31, 2021 $ 3,125,000 $ 9,375,000 March 31, 2022 $ 3,125,000 $ 9,375,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on the Maturity Date.(b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.