Repayment of Term Loan Sample Clauses

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments in the amounts and on the dates set forth below, commencing March 31, 2012 (provided, however, if such payment date is not a Business Day, such payment shall be due on the preceding Business Day), unless accelerated sooner pursuant to Section 7.2: The outstanding principal amount of the Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Maturity Date.
Repayment of Term Loan. Commencing with March 31, 2007, the Term Loan shall be repaid in sixty (60) equal monthly installments of Six Hundred Sixteen Thousand, Six Hundred, Sixty Six and 67/100 Dollars ($616,666.67) payable on the last day of each month; provided that any remaining outstanding principal balance of the Term Loan shall be repaid at the end of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof. If any such payment due date is not a Business Day, then such payment may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the amount of interest and fees due hereunder.
Repayment of Term Loan. Beginning on the first (1st) day of the month following the month in which the Conversion Date occurs, and continuing on the first (1st) day of each succeeding month thereafter until the seventh (7th) month after the Conversion Date, the Borrower shall pay to the Agent for the account of the Banks monthly payments of accrued interest. Beginning on the first (1st) day of the seventh (7th) month following the Conversion Date (the “Amortization Date”), and continuing on the first (1st) day of each succeeding month thereafter until the Maturity Date, the Borrower shall pay to the Agent for the account of the Banks equal monthly payments of principal and accrued interest in such amounts as would be required to fully amortize the entire outstanding principal balance of the Term Note, together with accrued interest thereon, over a period of one hundred fourteen (114) months from the Amortization Date. The outstanding principal balance, together with all accrued interest, if not paid sooner, shall be due and payable in full on the Maturity Date. Following the Conversion Date, and in addition to all other payments of principal and interest required under this Agreement and this Construction Note, the Borrower shall annually remit to the Agent for the account of the Banks the Excess Cash Flow Payment pursuant to Section 2.25.
Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in consecutive quarterly installments on the first Business Day of each of January, April, July and October commencing April 1, 2013 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: 43360385_8 If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty-four (24) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2:
Repayment of Term Loan. The Borrowers shall repay each Tranche by forty eight (48) instalments, one such instalment to be repaid on each of the Repayment Dates for such Tranche. Subject to the provisions of this Agreement, the amount of each of the repayment instalments (other than the last repayment instalment) for each Tranche shall be One hundred and forty thousand Dollars ($140,000) and the amount of the last repayment instalment for each Tranche shall be One hundred thousand Dollars ($100,000). If the Commitment in respect of any Tranche or part thereof is not drawn in full, the amount of the repayment instalments in respect of the relevant Tranche shall be reduced proportionately.
Repayment of Term Loan. The Borrower shall repay the outstanding principal amount of the Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.03), unless accelerated sooner pursuant to Section 9.02:
Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in installments on the dates and in the amounts as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date. Incremental Term Loans shall amortize and mature as agreed by the Borrower and the Lenders providing same and as set forth in the applicable amendment contemplated by Section 5.15.
Repayment of Term Loan. Subject to possible reduction under the terms of subsection (a) of this Section 2.3 The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows: Payment Date Principal Amount ------------ ---------------- March 31, 1996 $1,250,000 June 30, 1996 $1,250,000 September 30, 1996 $1,250,000 December 31, 1996 $1,250,000 March 31, 1997 $1,750,000 June 30, 1997 $1,750,000 September 30, 1997 $1,750,000 December 31, 1997 $1,750,000 March 31, 1998 $2,500,000 June 30, 1998 $2,500,000 September 30, 1998 $2,500,000 December 31, 1998 $2,500,000 March 31, 1999 $2,750,000 June 30, 1999 $2,750,000 September 30, 1999 $2,750,000 December 31, 1999 $2,750,000 March 31, 2000 $3,000,000 June 30, 2000 $3,000,000 September 30, 2000 $3,000,000 Termination Date $3,000,000