Repayment of Initial Term Loans Sample Clauses

Repayment of Initial Term Loans. The Initial Term Loan of each Term Lender shall mature and be payable in full on the date that is six and one-half years after the Closing Date and shall be repayable prior to that date in consecutive quarterly installments, each of which shall be in an amount equal to such Lender’s Term Percentage of 0.25% of the aggregate Initial Term Loans, due commencing on September 30, 2007 and continuing on the last day of each consecutive March, June, September and December thereafter.
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Repayment of Initial Term Loans. (a) The US Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December commencing March 31, 2014 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: Payment Date Principal Installment March 31, 2014 $9,375,000 June 30, 2014 $9,375,000 September 30, 2014 $9,375,000 December 31, 2014 $9,375,000 March 31, 2015 $9,375,000 June 30, 2015 $9,375,000 September 30 2015, $9,375,000 December 31, 2015 $9,375,000 March 31, 2016 $12,500,000 June 30, 2016 $12,500,000 September 30, 2016 $12,500,000 December 31, 2016 $12,500,000 March 31, 2017 $15,625,000 June 30, 2017 $15,625,000 September 30, 2017 $15,625,000 December 31, 2017 $15,625,000 March 31, 2018 $15,625,000 June 30, 2018 $15,625,000 September 30, 2018 $15,625,000 December 31, 2018 $15,625,000 Term Loan Maturity Date Remaining Outstanding Principal Amount If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.
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Repayment of Initial Term Loans. The Administrative Agent shall have received a notice of repayment in full of the Initial Term Loans that are not otherwise amended, which such repayment shall occur on the Amendment No. 1 Effective Date.
Sample 1
Repayment of Initial Term Loans. The Borrower shall have, immediately after the making of Term B-2 Loans under the Credit Agreement, (i) repaid all Term B-1 Loans outstanding immediately prior to the Amendment No. 3 Effective Date that are not Converted Term B-2 Loans and (ii) paid to all Term Lenders holding Term B-1 Loans all accrued and unpaid interest on their Term B-1 Loans outstanding immediately prior to the Amendment No. 3 Effective Date to, but not including, the Amendment Xx. 0 Xxxxxxxxx Xxxx; xxx
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Repayment of Initial Term Loans. The Company unconditionally promises to pay (and such amount shall be required to be paid) to the Administrative Agent for the account of each Initial Term Holder the then unpaid principal amount of such Holder’s Initial Term Loans on the Initial Term Loan Maturity Date.
Sample 1
Repayment of Initial Term Loans. (a) The Initial Term Loan of each Initial Term Lender shall mature in 28 consecutive quarterly installments, each of which shall be in an amount equal to such Lender's Initial Term Percentage multiplied by the amount set forth below opposite such installment (as such amounts may be reduced from time to time in accordance with Sections 2.10 and 2.11): Installment Principal Amount ------------------- ---------------- June 30, 2004 $2,500,000 September 30, 2004 $2,500,000 December 31, 2004 $2,500,000 March 31, 2005 $2,500,000 June 30, 2005 $3,750,000 September 30, 2005 $3,750,000 December 31, 2005 $3,750,000 March 31, 2006 $3,750,000 June 30, 2006 $3,750,000 September 30, 2006 $3,750,000 December 31, 2006 $3,750,000 March 31, 2007 $3,750,000 June 30, 2007 $5,000,000 September 30, 2007 $5,000,000 December 31, 2007 $5,000,000 Installment Principal Amount ------------------- ---------------- March 31, 2008 $5,000,000 June 30, 2008 $5,000,000 September 30, 2008 $5,000,000 December 31, 2008 $5,000,000 March 31, 2009 $5,000,000 June 30, 2009 $10,000,000 September 30, 2009 $10,000,000 December 31, 2009 $20,000,000 March 31, 2010 $40,000,000 June 30, 2010 $40,000,000 September 30, 2010 $40,000,000 December 31, 2010 $40,000,000 March 31, 2011 $40,000,000 provided that in the event that the Existing Notes have not been refinanced in whole prior to December 1, 2007 with proceeds from (i) the issuance of Refinancing Securities with a maturity of no earlier than six months after March 31, 2011, (ii) Incremental Term Loans or (iii) an Initial Pubxxx Xxxxxxxx (xx xxxg as the Consolidated Senior Leverage Ratio, determined after giving pro forma effect to such Initial Public Offering and the use of the proceeds thereof, shall be 2.75 to 1.00 or lower), all then outstanding Initial Term Loans shall become due on December 1, 2007.
Sample 1
Repayment of Initial Term Loans. The Initial Term Loans shall mature and be payable in full on the date that is seven (7) years after the Closing Date, and shall also be repayable prior to that date in consecutive quarterly installments, each of which shall be in an amount equal to such Lender’s Term Percentage of 0.25% of the original aggregate principal amount of the Initial Term Loans outstanding on the ClosingFirst Amendment Effective Date after giving effect to Section 2.1 hereof, due commencing on January 1, 2020 and continuing on the first day of each consecutive April, July, October and January thereafter.
Sample 1
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Repayment of Initial Term Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Initial Term Lenders the aggregate principal amount of all Initial Term Loans outstanding in consecutive quarterly installments equal to 0.25% of the aggregate principal amount of Initial Term Loans funded on the Closing Date (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.03 and 2.04, or, at the option of the Borrower, be increased as a result of any incurrence of Term Loans pursuant to Section 2.12 or a Specified Refinancing Debt Amendment in order to preserve the “fungibility” of the Initial Term Loans with such Incremental First Lien Term Loans or Specified Refinancing Credit Agreement Debt), with each such installment due and payable, commencing with the first full fiscal quarter of the Borrower ending after the Closing Date, on the last Business Day of each fiscal quarter of the Borrower; provided, however, that the final principal repayment installment of each Class of Term Loans shall be repaid on the Maturity Date for such Class of Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Term Loans of such Class outstanding on such date.
Sample 1

Related to Repayment of Initial Term Loans

  • Repayment of Term Loans (a) The Tranche A Term Loan of each Tranche A Lender shall mature in consecutive quarterly installments on the dates set forth below, each of which shall be in an amount equal to such Lender's Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount ----------- ---------------- March 31, 2000 $1,250,000 June 30, 2000 $1,250,000 September 30, 2000 $1,250,000 December 31, 2000 $1,250,000 March 31, 2001 $1,250,000 June 30, 2001 $1,250,000 September 30, 2001 $3,125,000 December 31, 2001 $3,125,000 March 31, 2002 $3,125,000 June 30, 2002 $3,125,000 September 30, 2002 $7,500,000 December 31, 2002 $7,500,000 March 31, 2003 $7,500,000 June 30, 2003 $7,500,000 September 30, 2003 $12,500,000 December 31, 2003 $12,500,000 March 31, 2004 $12,500,000 June 15, 2004 $12,500,000

  • Initial Term Loans Subject to the terms and conditions hereof, each Lender holding an Initial Term Loan Commitment severally agrees to make, in Dollars, in a single draw on the Closing Date, one or more term loans (each, an “Initial Term Loan”) to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A under the heading “Initial Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof, which Initial Term Loans:

  • Repayment of Term Loan The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Payment September 30, 2007 $ 559,375 December 31, 2007 $ 559,375 March 31, 2008 $ 559,375 June 30, 2008 $ 559,375 September 30, 2008 $ 1,118,750 December 31, 2008 $ 1,118,750 March 31, 2009 $ 1,118,750 June 30, 2009 $ 1,118,750 September 30, 2009 $ 1,678,175 December 31, 2009 $ 1,678,175 March 31, 2010 $ 1,678,175 June 30, 2010 $ 1,678,175 September 30, 2010 $ 2,237,500 December 31, 2010 $ 2,237,500 March 31, 2011 $ 2,237,500 June 30, 2011 $ 2,237,500 September 30, 2011 $ 2,237,500 December 31, 2011 $ 2,237,500 March 31, 2012 $ 2,237,500 Term Loan Maturity Date The remaining outstanding principal amount of the Term Loan

  • Repayment of Term Borrowings (a) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(i)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Repayment Date Amount March 31, 2007 $ 3,825,000 June 30, 2007 $ 3,825,000 September 30, 2007 $ 3,825,000 December 31, 2007 $ 3,825,000 March 31, 2008 $ 3,825,000 June 30, 2008 $ 3,825,000 September 30, 2008 $ 3,825,000 44 Repayment Date Amount December 31, 2008 $ 3,825,000 March 31, 2009 $ 3,825,000 June 30, 2009 $ 3,825,000 September 30, 2009 $ 3,825,000 December 31, 2009 $ 3,825,000 March 31, 2010 $ 3,825,000 June 30, 2010 $ 3,825,000 September 30, 2010 $ 3,825,000 December 31, 2010 $ 3,825,000 March 31, 2011 $ 3,825,000 June 30, 2011 $ 3,825,000 September 30, 2011 $ 3,825,000 Term Loan Maturity Date $ 1,457,325,000

  • Additional Term Loans Subject only to the satisfaction or waiver of the conditions expressly set forth in Section 4 of the Eleventh Amendment, each 2014-1 Additional Term Lender agrees to make a loan in Dollars (the “2014-1 Additional Term Loans”) to the Borrower on the Eleventh Amendment Effective Date in the aggregate principal amount of such Lender’s 2014-1 Additional Term Commitment. No amount of a 2014-1 Additional Term Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder. The 2014-1 Additional Term Loans shall be denominated in Dollars, shall be maintained as and/or converted into Base Rate Loans or Eurocurrency Loans or a combination thereof, provided, that all 2014-1 Additional Term Loans made by the 2014-1 Additional Term Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of 2014-1 Additional Term Loans of the same Type. The proceeds of the 2014-1 Additional Term Loans made on the Eleventh Amendment Effective Date shall be placed into escrow with the Eleventh Amendment Escrow Agent on the terms set forth in the Eleventh Amendment Escrow Agreement. Subject only to the satisfaction or waiver of the conditions set forth in (x) Section 5.5 or (y) Section 5.2 and Section 5.6, as applicable, and the additional conditions expressly set forth in the Eleventh Amendment Escrow Agreement, the 2014-1 Additional Term Loans shall be released from escrow on the Eleventh Amendment Release Date. If the 2014-1 Additional Term Loans Termination Date occurs, the proceeds of the 2014-1 Additional Term Loans shall be released from escrow on the conditions set forth in the Eleventh Amendment Escrow Agreement and refunded and repaid in full (together with all accrued and unpaid interest thereon) to the 2014-1 Additional Term Lenders on the 2014-1 Additional Term Loan Maturity Date in accordance with the Eleventh Amendment Escrow Agreement.

  • Amortization of Term Loans (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Term Borrowings on the last day of each September, December, March and June (commencing on March 31, 2014) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Closing Date multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day.

  • Initial Term Loan The Borrower shall give the Administrative Agent an irrevocable Notice of Borrowing prior to 11:00 a.m. on the Closing Date requesting that the Term Loan Lenders make the Initial Term Loan as a Base Rate Loan on such date (provided that the Borrower may request, no later than three (3) Business Days prior to the Closing Date, that the Lenders make the Initial Term Loan as a LIBOR Rate Loan if the Borrower has delivered to the Administrative Agent a letter in form and substance reasonably satisfactory to the Administrative Agent indemnifying the Lenders in the manner set forth in Section 5.9 of this Agreement). Upon receipt of such Notice of Borrowing from the Borrower, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 1:00 p.m. on the Closing Date, each Term Loan Lender will make available to the Administrative Agent for the account of the Borrower, at the Administrative Agent’s Office in immediately available funds, the amount of such Initial Term Loan to be made by such Term Loan Lender on the Closing Date. The Borrower hereby irrevocably authorizes the Administrative Agent to disburse the proceeds of the Initial Term Loan in immediately available funds by wire transfer to such Person or Persons as may be designated by the Borrower in writing.

  • Permitted Prepayment of Term Loans Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty (30) days prior to such prepayment, and (ii) pays to the Lenders on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Expenses and interest at the Default Rate with respect to any past due amounts.

  • Tranche B Term Loans 3.1 Subject to the terms and conditions set forth herein (i) each existing Tranche B Term Loan Lender (collectively, the “Continuing Tranche B Term Loan Lenders”) that executes and delivers a Lender Addendum (Cashless Roll) in the form attached hereto as Exhibit A (a “Lender Addendum (Cashless Roll)”) agrees to continue all (or such lesser amount as notified to such Lender by the Administrative Agent prior to the Effective Date to give effect to any cash prepayment of the Tranche B Term Loans to be made by the Borrower on the Effective Date) of its existing Tranche B Term Loans outstanding immediately before giving effect to this Amendment as a Tranche B Term Loan on the Effective Date in a principal amount equal to such Continuing Tranche B Term Loan Lender’s Tranche B Term Loan Commitment (as defined in the Credit Agreement) and (ii) each Person (other than a Continuing Tranche B Term Loan Lender in its capacity as such) (collectively, the “Additional Tranche B Term Loan Lenders”) that executes and delivers a Lender Addendum (Additional Tranche B Term Loan Lender) in the form attached hereto as Exhibit B (a “Lender Addendum (Additional Tranche B Term Loan Lender)” and, together with a Lender Addendum (Cashless Roll), a “Lender Addendum”) agrees to take by assignment on the Effective Date from one or more Non-Consenting Lenders a principal amount of Tranche B Term Loans equal to such Additional Tranche B Term Loan Lender’s Tranche B Term Loan Commitment (as defined in the Credit Agreement). For purposes hereof, a Person shall become a party to the Credit Agreement as amended hereby and a Tranche B Term Loan Lender as of the Effective Date by executing and delivering to the Administrative Agent, on or prior to the Effective Date, a Lender Addendum (Additional Tranche B Term Loan Lender) in its capacity as a Tranche B Term Loan Lender. For the avoidance of doubt, the existing Term Loans of a Continuing Tranche B Term Loan Lender must be continued in whole and may not be continued in part unless otherwise notified by the Administrative Agent prior to the Effective Date to give effect to any cash prepayment of the Tranche B Term Loans to be made by the Borrower on the Effective Date.

  • Scheduled Payments of Term Loans Borrower shall make principal payments on the Term Loans in installments on the dates and in the amounts set forth below: Date Scheduled Payment June 30, 2001 $1,250,000 September 30, 2001 $1,250,000 December 31, 2001 $1,250,000 March 31, 2002 $1,250,000 June 30, 2002 $1,875,000 September 30, 2002 $1,875,000 December 31, 2002 $1,875,000 March 31, 2003 $1,875,000 June 30, 2003 $2,500,000 September 30, 2003 $2,500,000 December 31, 2003 $2,500,000 March 31, 2004 $2,500,000 June 30, 2004 $3,125,000 September 30, 2004 $3,125,000 December 31, 2004 $3,125,000 March 31, 2005 $3,125,000 June 30, 2005 $32,500,000 September 30, 2005 $32,500,000 December 31, 2005 $32,500,000 March 31, 2006 $32,500,000 ============ Total $165,000,000 ; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than March 31, 2006, and the final installment payable by Borrower in respect of the Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Term Loans.

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