Common use of Repayment of Term Borrowings Clause in Contracts

Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and December, commencing September 28, 2007 (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, and 2.13(f) and 2.24(d)) equal to 0.25% of the principal amount of the Term Loans, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.

Appears in 5 contracts

Samples: First Lien Credit Agreement (STR Holdings LLC), First Lien Guarantee and Collateral Agreement (STR Holdings, Inc.), First Lien Guarantee and Collateral Agreement (STR Holdings (New) LLC)

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Repayment of Term Borrowings. (a) (i) The Commencing on the last Business Day of September 2013, the Borrower shall pay to the Administrative Agent, for the account of the Term Lenders, on the last Business Day of each MarchSeptember, June, September and December, commencing September 28March and June occurring prior to the Maturity Date (each, 2007 (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.12 and 2.13(f) and 2.24(d2.13(e)) equal to 0.25% of the original principal amount of the Term Loans, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.

Appears in 3 contracts

Samples: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and DecemberDecember commencing with the quarter ending December 31, commencing September 28, 2007 2011 (each such date being called a “Term Loan Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.12 and 2.13(f) and 2.24(d2.13(g)) equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Term LoansClosing 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.

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc.)

Repayment of Term Borrowings. (a) (ia)(i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and DecemberDecember prior to the Term Loan Maturity Date, commencing September 28on December 31, 2007 2014, 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 other than Other Term Loans equal to $1,375,000, (as adjusted from time to time pursuant to Sections 2.11(b2.12(b), 2.122.13(d), and 2.13(f2.22(d) and 2.24(d2.23(c)) equal to 0.25% of the principal amount of the Term Loans, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.

Appears in 1 contract

Samples: Credit Agreement (Medley Management Inc.)

Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each MarchMarch 31, JuneJune 30, September 30 and December, commencing September 28, 2007 December 31 in any period set forth below (each such date being called a "Term Loan Repayment Date”), ") a principal amount of the Term Loans other than Other Term Loans (such amount, as adjusted from time to time pursuant to Sections 2.11(b2.12(b) and 2.13(e), 2.12, and 2.13(f) and 2.24(d)being called the "Term Loan Repayment Amount") equal to 0.25% one-quarter of the principal amount of the Term Loansset forth below for such period, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.:

Appears in 1 contract

Samples: Asset Purchase Agreement (Ta Operating Corp)

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Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and DecemberDecember commencing with the quarter ending December 31, commencing September 28, 2007 2011 (each such date being called a “Term Loan Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.12 and 2.13(f) and 2.24(d2.13(g)) equal to 0.25% of the aggregate principal amount of all Term Loans outstanding on the Term LoansClosing 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.

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc.)

Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each March, June, September and December, commencing September 28on the last Business Day of December, 2007 2011 (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(bSection 2.12(b), 2.12, and 2.13(fSection 2.13(g) and 2.24(dSection 9.04(l)) equal to 0.253.75% of the aggregate principal amount of the Term LoansLoans made on the Closing 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.

Appears in 1 contract

Samples: First Lien Credit Agreement (Walter Investment Management Corp)

Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the last Business Day of each MarchMarch 31, JuneJune 30, September 30 and December, commencing September 28, 2007 December 31 in any period set forth below (each such date being called a "Term Loan Repayment Date”), ") a principal amount of the Term Loans other than Other Term Loans (such amount, as adjusted from time to time pursuant to Sections 2.11(b2.12(b) and 2.13(d), 2.12, and 2.13(f) and 2.24(d)being called the "Term Loan Repayment Amount") equal to 0.25% one-quarter of the principal amount of the Term Loansset forth below for each such other period, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.:

Appears in 1 contract

Samples: Credit Agreement (Travelcenters Realty Inc)

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