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 Loan. The principal amount of the Term Loan as of the First Amendment Effective Date (after giving effect to any prepayment of the Term Loan on or before such date) shall be repaid in eighteen (18) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: ================================================================================ Principal Amortization Payment Date Term Loan Principal Amortization Payment -------------------------------------------------------------------------------- September 30, 2004 $2,400,000 -------------------------------------------------------------------------------- December 31, 2004 $2,400,000 -------------------------------------------------------------------------------- March 31, 2005 $2,400,000 -------------------------------------------------------------------------------- June 30, 2005 $2,400,000 -------------------------------------------------------------------------------- September 30, 2005 $2,400,000 -------------------------------------------------------------------------------- December 31, 2005 $2,500,000 -------------------------------------------------------------------------------- March 31, 2006 $2,500,000 -------------------------------------------------------------------------------- June 30, 2006 $2,500,000 -------------------------------------------------------------------------------- September 30, 2006 $2,500,000 -------------------------------------------------------------------------------- December 31, 2006 $2,500,000 -------------------------------------------------------------------------------- March 31, 2007 $2,500,000 -------------------------------------------------------------------------------- June 30, 2007 $2,500,000 -------------------------------------------------------------------------------- September 30, 2007 $2,500,000 -------------------------------------------------------------------------------- December 31, 2007 $2,500,000 -------------------------------------------------------------------------------- March 31, 2008 $15,000,000 -------------------------------------------------------------------------------- June 30, 2008 $15,000,000 -------------------------------------------------------------------------------- September 30, 2008 $15,000,000 -------------------------------------------------------------------------------- Maturity Date The remainder of the outstanding Term Loan ----------------------------------------------------------------...
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Payment June 30, 2006 $500,000 September 30, 2006 $500,000 December 31, 2006 $500,000 March 31, 2007 $500,000 June 30, 2007 $500,000 September 30, 2007 $500,000 December 31, 2007 $500,000 March 31, 2008 $500,000 June 30, 2008 $500,000 September 30, 2008 $500,000 December 31, 2008 $500,000 March 31, 2009 $500,000 June 30, 2009 $500,000 September 30, 2009 $500,000 December 31, 2009 $500,000 March 31, 2010 $500,000 June 30, 2010 $500,000 September 30, 2010 $500,000 December 31, 2010 $500,000 Maturity Date $190,500,000 or the remaining outstanding principal amount of the Term Loan
Repayment of Term Loan. The Borrower shall repay to the Lenders the outstanding principal amount of the Term Loan in (i) equal consecutive installments on the last Business Day of each of December, March, June, and September (commencing with the last Business Day of December 2018), each such installment shall be in a principal amount of $5,357,142.86 and (ii) one final installment equal to all outstanding principal of the Term Loan on the Term Loan Maturity Date.
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in full on the Term Loan Maturity Date, unless accelerated sooner pursuant to Section 7.2.
Repayment of Term Loan. The Term Loan shall be repaid in equal monthly installments of Seventeen Thousand Nine Hundred Sixteen 67/100 Dollars ($17,916.67) payable on the first day of the month following such advance and on the first day of each month thereafter; provided, that any remaining outstanding principal balance of the Term Loan shall be repaid on the earlier of the Maturity Date or the Revolving Credit Termination Date.
Repayment of Term Loan. The principal balance of the Term Loan shall be payable to the Administrative Agent for the account of each Term Lender (in accordance with each Term Lender’s respective Term Loan Percentage) in consecutive monthly installments of principal, in the principal amounts set forth on the table below, such payments commencing on May 1, 2016 with each succeeding installment being due on the first Business Day of each month thereafter until June 1, 2020 with a final payment due on the applicable Term Loan Maturity Date in an amount equal to the then outstanding principal balance of the Term Loan. Notwithstanding the foregoing, upon Borrower’s receipt of a Contract Termination Payment (if any), a A-10 2015 REA Payment or Net Offering Proceeds, Borrower shall then either (1) prepay the Term Loan (which in the case of Eurodollar Term Loans shall be on the last day of the current Interest Period) in the principal amount equal to the applicable Designated Amount plus all accrued and unpaid interest through the date of prepayment, or (2) at Borrower’s request (subject to Agent’s approval), deposit into a bank account held by and pledged (as additional collateral for the Loans and any related interest rate swap obligations, if applicable) to the Agent on behalf of the Term Lenders, on terms and documentation satisfactory to the Agent and its counsel, an amount equal to the applicable Designated Amount. Each Term Lender shall receive its Term Loan Percentage of each installment of principal paid under the Term Loan. First Business Day Principal Amortization Month and Year Amount per Month May 2016 – April 2017 $41,667.67 May 2017 – April 2018 $125,000.00 May 2018 – August 2018 $166,666.67 September 2018 – June 2020 $175,000.00”
Repayment of Term Loan. The Borrowers shall repay the aggregate outstanding principal amount of the Term Loan on the Term Loan Termination Date.
Repayment of Term Loan. In addition to any prepayments or repayments made pursuant to Sections 2.9 and 2.10, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in quarterly principal payments on the dates and in the amounts set forth in Schedule 2.1 hereto. Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan shall be due and payable in full in cash on the Maturity Date.
Repayment of Term Loan. Borrower shall repay the unpaid principal amount of the Term Loan in monthly installments of $537,400.15, commencing on April 1, 2005 and continuing on each Monthly Payment Date, with a final installment in the amount of all outstanding principal of the Term Loan payable on the Maturity Date.
