Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Term 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 other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e) and 2.22(d)) 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: September 30, 2014 $1,112,500 December 31, 2014 $1,112,500 March 31, 2015 $1,112,500 June 30, 2015 $1,112,500 September 30, 2015 $1,112,500 December 31, 2015 $1,112,500 March 31, 2016 $1,112,500 June 30, 2016 $1,112,500 September 30, 2016 $1,112,500 December 31, 2016 $1,112,500 March 31, 2017 $1,112,500 June 30, 2017 $1,112,500 September 30, 2017 $1,112,500 December 31, 2017 $1,112,500 March 30, 2018 $1,112,500 June 30, 2018 $1,112,500 September 30, 2018 $1,112,500 December 31, 2018 $1,112,500 March 31, 2019 $1,112,500 June 30, 2019 $1,112,500 September 30, 2019 $1,112,500 December 31, 2019 $1,112,500 March 31, 2020 $1,112,500 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 Term Loan Maturity Date $414,962,500
Appears in 1 contract
Sources: Credit Agreement (Diamond Resorts International, Inc.)
Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Funded Term Loan 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 “Funded Term Loan Repayment Date”), a principal amount of the Term Loans other than Other Funded Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e2.13(g) and 2.22(d2.24(d)) 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 December 31, 2007 $ 15,162,500 March 31, 2008 $ 15,162,500 June 30, 2008 $ 15,162,500 September 30, 2014 $1,112,500 2008 $ 15,162,500 December 31, 2014 $1,112,500 2008 $ 15,162,500 March 31, 2015 $1,112,500 2009 $ 15,162,500 June 30, 2015 $1,112,500 2009 $ 15,162,500 September 30, 2015 $1,112,500 2009 $ 15,162,500 December 31, 2015 $1,112,500 2009 $ 15,162,500 March 31, 2016 $1,112,500 2010 $ 15,162,500 June 30, 2016 $1,112,500 2010 $ 15,162,500 September 30, 2016 $1,112,500 2010 $ 15,162,500 December 31, 2016 $1,112,500 2010 $ 15,162,500 March 31, 2017 $1,112,500 2011 $ 15,162,500 June 30, 2017 $1,112,500 2011 $ 15,162,500 September 30, 2017 $1,112,500 2011 $ 15,162,500 December 31, 2017 $1,112,500 2011 $ 15,162,500 March 3031, 2018 $1,112,500 2012 $ 15,162,500 June 30, 2018 $1,112,500 2012 $ 15,162,500 September 30, 2018 $1,112,500 2012 $ 15,162,500 December 31, 2018 $1,112,500 2012 $ 15,162,500 March 31, 2019 $1,112,500 2013 $ 15,162,500 June 30, 2019 $1,112,500 2013 $ 15,162,500 September 30, 2019 $1,112,500 2013 $ 15,162,500 December 31, 2019 $1,112,500 2013 $ 15,162,500 March 31, 2020 $1,112,500 2014 $ 15,162,500 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 2014 $ 15,162,500 Term Loan Maturity Date $414,962,500$ 5,655,612,500
Appears in 1 contract
Repayment of Term Borrowings. (a) The(a) (i) The Prior to the Acquisition Closing Date, the Borrower shall pay to the Administrative Agent, for the account of the Initial B-2 Term Loan Lenders, on the dates set forth below, or if any such date is not a alast Business Day, on the next preceding Business Day of each March, June, September and December (each such date being called a “Repayment Date”), a an amount equal to 1.25% of the original principal amount of the Initial B-2 Term Loans other than Other Term Loans Loansmade on the Closing Date (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e) and 2.22(d)) 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: :. June 30, 2014 $ 5,875,000 September 30, 2014 $1,112,500 $ 5,875,000 December 31, 2014 $1,112,500 $ 5,875,000 March 31, 2015 $1,112,500 $ 5,875,000 June 30, 2015 $1,112,500 $ 5,875,000 September 30, 2015 $1,112,500 $ 5,875,000 December 31, 2015 $1,112,500 $ 5,875,000 March 31, 2016 $1,112,500 $ 5,875,000 June 30, 2016 $1,112,500 $ 5,875,000 September 30, 2016 $1,112,500 $ 5,875,000 December 31, 2016 $1,112,500 $ 5,875,000 March 31, 2017 $1,112,500 $ 5,875,000 June 30, 2017 $1,112,500 $ 5,875,000 September 30, 2017 $1,112,500 $ 5,875,000 December 31, 2017 $1,112,500 $ 5,875,000 March 30, 2018 $1,112,500 $ 5,875,000 June 30, 2018 $1,112,500 $ 5,875,000 September 30, 2018 $1,112,500 $ 5,875,000 December 31, 2018 $1,112,500 $ 5,875,000 March 31, 2019 $1,112,500 $ 5,875,000 June 30, 2019 $1,112,500 $ 5,875,000 September 30, 2019 $1,112,500 $ 5,875,000 December 31, 2019 $1,112,500 March 31, 2020 $1,112,500 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 $ 5,875,000 Term Loan Maturity Date $414,962,500$ 334,875,000
Appears in 1 contract
Repayment of Term Borrowings. (a) (i) The U.S. Borrower shall pay to the General Administrative Agent, for the account of the Term B-1 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 other than Other Term B-1 Loans (as adjusted from time to time pursuant to Sections 2.11(b2.11(c), 2.12, 2.13(e2.13(f) and 2.22(d2.24(d)) 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: March 31, 2004 $ 500,000 June, 30, 2004 $ 500,000 September 30, 2014 $1,112,500 2004 $ 500,000 December 31, 2014 $1,112,500 2004 $ 500,000 March 31, 2015 $1,112,500 2005 $ 500,000 June 30, 2015 $1,112,500 2005 $ 500,000 September 30, 2015 $1,112,500 2005 $ 500,000 December 31, 2015 $1,112,500 2005 $ 500,000 March 31, 2016 $1,112,500 2006 $ 500,000 June 30, 2016 $1,112,500 2006 $ 500,000 September 30, 2016 $1,112,500 2006 $ 500,000 December 31, 2016 $1,112,500 2006 $ 500,000 March 31, 2017 $1,112,500 2007 $ 500,000 June 30, 2017 $1,112,500 2007 $ 500,000 September 30, 2017 $1,112,500 2007 $ 500,000 December 31, 2017 $1,112,500 2007 $ 500,000 March 3031, 2018 $1,112,500 2008 $ 500,000 June 30, 2018 $1,112,500 2008 $ 500,000 September 30, 2018 $1,112,500 2008 $ 500,000 December 31, 2018 $1,112,500 2008 $ 500,000 March 31, 2019 $1,112,500 2009 $ 500,000 June 30, 2019 $1,112,500 2009 $ 500,000 September 30, 2019 $1,112,500 2009 $ 500,000 December 31, 2019 $1,112,500 2009 $ 500,000 March 31, 2020 $1,112,500 2010 $ 47,000,000 June 30, 2020 $1,112,500 2010 $ 47,000,000 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 2010 $ 47,000,000 Term Loan Maturity Date $414,962,500$ 47,000,000
Appears in 1 contract
Repayment of Term Borrowings. (a) (i) The Borrower Borrowers shall pay to the Administrative Agent, for the account of the Term 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 other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e2.13(g) and 2.22(d2.26(d)) 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: June 30, 2012 $ 687,500 September 30, 2012 $ 687,500 December 31, 2012 $ 687,500 March 31, 2013 $ 687,500 June 30, 2013 $ 687,500 September 30, 2013 $ 687,500 December 31, 2013 $ 687,500 March 31, 2014 $ 687,500 June 30, 2014 $ 687,500 September 30, 2014 $1,112,500 $ 687,500 December 31, 2014 $1,112,500 $ 687,500 March 3130, 2015 $1,112,500 $ 687,500 June 30, 2015 $1,112,500 $ 687,500 September 30, 2015 $1,112,500 $ 687,500 December 31, 2015 $1,112,500 $ 687,500 March 31, 2016 $1,112,500 $ 687,500 June 30, 2016 $1,112,500 $ 687,500 September 30, 2016 $1,112,500 $ 687,500 December 31, 2016 $1,112,500 $ 687,500 March 31, 2017 $1,112,500 $ 687,500 June 30, 2017 $1,112,500 $ 687,500 September 30, 2017 $1,112,500 $ 687,500 December 31, 2017 $1,112,500 $ 687,500 [March 3023, 2018 $1,112,500 June 30, 2018 $1,112,500 September 30, 2018 $1,112,500 December 31, 2018 $1,112,500 March 31, 2019 $1,112,500 June 30, 2019 $1,112,500 September 30, 2019 $1,112,500 December 31, 2019 $1,112,500 March 31, 2020 $1,112,500 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 Term Loan Maturity Date $414,962,5002018] $ 259,187,500
Appears in 1 contract
Sources: Credit Agreement (Wca Waste Corp)
Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Funded Term Loan 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 “Funded Term Loan Repayment Date”), a principal amount of the Term Loans other than Other Funded Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e2.13(g) and 2.22(d2.24(d)) 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 December 31, 2007 $ 15,162,500 March 31, 2008 $ 15,162,500 June 30, 2008 $ 15,162,500 September 30, 2014 $1,112,500 2008 $ 15,162,500 December 31, 2014 $1,112,500 2008 $ 15,162,500 March 31, 2015 $1,112,500 2009 $ 15,162,500 June 30, 2015 $1,112,500 2009 $ 15,162,500 September 30, 2015 $1,112,500 2009 $ 15,162,500 December 31, 2015 $1,112,500 2009 $ 15,162,500 March 31, 2016 $1,112,500 2010 $ 15,162,500 June 30, 2016 $1,112,500 2010 $ 15,162,500 September 30, 2016 $1,112,500 2010 $ 15,162,500 December 31, 2016 $1,112,500 2010 $ 15,162,500 March 31, 2017 $1,112,500 2011 $ 15,162,500 June 30, 2017 $1,112,500 2011 $ 15,162,500 September 30, 2017 $1,112,500 2011 $ 15,162,500 December 31, 2017 $1,112,500 2011 $ 15,162,500 March 3031, 2018 $1,112,500 2012 $ 15,162,500 June 30, 2018 $1,112,500 2012 $ 15,162,500 September 30, 2018 $1,112,500 2012 $ 15,162,500 December 31, 2018 $1,112,500 2012 $ 15,162,500 March 31, 2019 $1,112,500 2013 $ 15,162,500 June 30, 2019 $1,112,500 2013 $ 15,162,500 September 30, 2019 $1,112,500 2013 $ 15,162,500 December 31, 2019 $1,112,500 2013 $ 15,162,500 March 31, 2020 $1,112,500 2014 $ 15,162,500 Repayment Date Amount June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 2014 $ 15,162,500 Term Loan Maturity Date $414,962,500$ 5,655,612,500
Appears in 1 contract
Repayment of Term Borrowings. (a) (i) The Borrower Company shall pay to the Administrative Agent, for the account of the Term 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 “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, 2.13(e) and 2.22(d)Section 2.12 or Section 2.13) 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: December 31, 2005 $ 1,500,000 March 31, 2006 $ 1,500,000 June 30, 2006 $ 1,500,000 September 30, 2014 $1,112,500 2006 $ 1,500,000 December 31, 2014 $1,112,500 2006 $ 1,500,000 March 31, 2015 $1,112,500 2007 $ 1,500,000 June 30, 2015 $1,112,500 2007 $ 1,500,000 September 30, 2015 $1,112,500 2007 $ 1,500,000 December 31, 2015 $1,112,500 2007 $ 1,500,000 March 31, 2016 $1,112,500 2008 $ 1,500,000 June 30, 2016 $1,112,500 2008 $ 1,500,000 September 30, 2016 $1,112,500 2008 $ 1,500,000 December 31, 2016 $1,112,500 2008 $ 1,500,000 March 31, 2017 $1,112,500 2009 $ 1,500,000 June 30, 2017 $1,112,500 2009 $ 1,500,000 September 30, 2017 $1,112,500 2009 $ 1,500,000 December 31, 2017 $1,112,500 2009 $ 1,500,000 March 3031, 2018 $1,112,500 2010 $ 1,500,000 June 30, 2018 $1,112,500 2010 $ 1,500,000 September 30, 2018 $1,112,500 2010 $ 1,500,000 December 31, 2018 $1,112,500 2010 $ 1,500,000 March 31, 2019 $1,112,500 2011 $ 1,500,000 June 30, 2019 $1,112,500 2011 $ 1,500,000 September 30, 2019 $1,112,500 2011 $ 1,500,000 December 31, 2019 $1,112,500 2011 $ 141,000,000 March 31, 2020 $1,112,500 2012 $ 141,000,000 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 2012 $ 141,000,000 Term Loan Maturity Date $414,962,500$ 141,000,000
(b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(c) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Sources: Credit Agreement (Flowserve Corp)
Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Term 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 other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e) and 2.22(d)) 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: June 30, 2014 $ 5,875,000 September 30, 2014 $1,112,500 $ 5,875,000 December 31, 2014 $1,112,500 $ 5,875,000 March 31, 2015 $1,112,500 $ 5,875,000 June 30, 2015 $1,112,500 $ 5,875,000 September 30, 2015 $1,112,500 $ 5,875,000 December 31, 2015 $1,112,500 $ 5,875,000 March 31, 2016 $1,112,500 $ 5,875,000 June 30, 2016 $1,112,500 $ 5,875,000 September 30, 2016 $1,112,500 $ 5,875,000 December 31, 2016 $1,112,500 $ 5,875,000 March 31, 2017 $1,112,500 $ 5,875,000 June 30, 2017 $1,112,500 $ 5,875,000 September 30, 2017 $1,112,500 $ 5,875,000 December 31, 2017 $1,112,500 $ 5,875,000 March 30, 2018 $1,112,500 $ 5,875,000 June 30, 2018 $1,112,500 $ 5,875,000 September 30, 2018 $1,112,500 $ 5,875,000 December 31, 2018 $1,112,500 $ 5,875,000 March 31, 2019 $1,112,500 $ 5,875,000 June 30, 2019 $1,112,500 $ 5,875,000 September 30, 2019 $1,112,500 $ 5,875,000 December 31, 2019 $1,112,500 March 31, 2020 $1,112,500 June 30, 2020 $1,112,500 September 30, 2020 $1,112,500 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 $ 5,875,000 Term Loan Maturity Date $414,962,500$ 334,875,000
Appears in 1 contract
Repayment of Term Borrowings. (a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Term 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 other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e2.13(f) and 2.22(d2.24(d)) 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 $ 2,500,000 June 30, 2007 $ 2,500,000 September 30, 2014 $1,112,500 2007 $ 2,500,000 December 31, 2014 $1,112,500 2007 $ 2,500,000 March 31, 2015 $1,112,500 2008 $ 2,500,000 June 30, 2015 $1,112,500 2008 $ 2,500,000 September 30, 2015 $1,112,500 2008 $ 2,500,000 December 31, 2015 $1,112,500 2008 $ 2,500,000 March 31, 2016 $1,112,500 2009 $ 2,500,000 June 30, 2016 $1,112,500 2009 $ 2,500,000 September 30, 2016 $1,112,500 2009 $ 2,500,000 December 31, 2016 $1,112,500 2009 $ 2,500,000 March 31, 2017 $1,112,500 2010 $ 2,500,000 June 30, 2017 $1,112,500 2010 $ 2,500,000 September 30, 2017 $1,112,500 2010 $ 2,500,000 December 31, 2017 $1,112,500 2010 $ 2,500,000 March 3031, 2018 $1,112,500 2011 $ 2,500,000 June 30, 2018 $1,112,500 2011 $ 2,500,000 September 30, 2018 $1,112,500 2011 $ 2,500,000 December 31, 2018 $1,112,500 2011 $ 2,500,000 March 31, 2019 $1,112,500 2012 $ 2,500,000 June 30, 2019 $1,112,500 2012 $ 2,500,000 September 30, 2019 $1,112,500 2012 $ 2,500,000 December 31, 2019 $1,112,500 2012 $ 2,500,000 March 31, 2020 $1,112,500 2013 $ 2,500,000 June 30, 2020 $1,112,500 2013 $ 2,500,000 September 30, 2020 $1,112,500 2013 $ 2,500,000 December 31, 2020 $1,112,500 March 31, 2021 $1,112,500 2013 $ 2,500,000 Term Loan Maturity Date $414,962,500$ 930,000,000
Appears in 1 contract
Sources: Credit Agreement (CGG Veritas)