Common use of Repayment of Term Loan Clause in Contracts

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

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

AutoNDA by SimpleDocs

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments in the amounts as followsset forth below, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Payment Payments (in $) June 30, 2006 2022 $500,000 3,125,000 September 30, 2006 2022 $500,000 3,125,000 December 31, 2006 2022 $500,000 3,125,000 March 31, 2007 2023 $500,000 3,125,000 June 30, 2007 2023 $500,000 3,125,000 September 30, 2007 2023 $500,000 3,125,000 December 31, 2007 2023 $500,000 3,125,000 March 31, 2008 2024 $500,000 3,125,000 June 30, 2008 2024 $500,000 3,125,000 September 30, 2008 2024 $500,000 3,125,000 December 31, 2008 2024 $500,000 3,125,000 March 31, 2009 2025 $500,000 4,687,500 June 30, 2009 2025 $500,000 4,687,500 September 30, 2009 2025 $500,000 4,687,500 December 31, 2009 2025 $500,000 4,687,500 March 31, 2010 2026 $500,000 6,250,000 June 30, 2010 2026 $500,000 6,250,000 September 30, 2010 2026 $500,000 6,250,000 December 31, 2010 2026 $500,000 6,250,000 Maturity Date $190,500,000 or the remaining outstanding Outstanding principal amount of the Term Loan

Appears in 1 contract

Samples: Credit Agreement (Mednax, Inc.)

Repayment of Term Loan. The Borrower shall repay the outstanding principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments commencing March 31, 2009 as followsfollows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.06(e)), in each case unless accelerated sooner pursuant to Section 7.29.02: 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 0 June 30, 2009 $500,000 0 September 30, 2009 $500,000 0 December 31, 2009 $500,000 0 March 31, 2010 $500,000 2,812,500 June 30, 2010 $500,000 2,812,500 September 30, 2010 $500,000 2,812,500 December 31, 2010 $500,000 2,812,500 March 31, 2011 $3,750,000 June 30, 2011 $3,750,000 September 30, 2011 $3,750,000 Term Loan Maturity Date $190,500,000 or the All remaining principal amounts outstanding principal amount of If not sooner paid, the Term LoanLoan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Medcath Corp)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments in the amounts as follows, unless accelerated sooner pursuant to Section 7.2set forth below as: Principal Amortization Payment Dates Term Loan Date Principal Amortization Payment ------------------------------ ------------------------------ September 30, 2005 $ 0 December 31, 2005 $ 0 March 31, 2006 $ 0 June 30, 2006 $500,000 $ 0 September 30, 2006 $500,000 $ 6,250,000 December 31, 2006 $500,000 $ 6,250,000 March 31, 2007 $500,000 $ 6,250,000 June 30, 2007 $500,000 $ 6,250,000 September 30, 2007 $500,000 $ 6,250,000 December 31, 2007 $500,000 $ 6,250,000 March 31, 2008 $500,000 $ 6,250,000 June 30, 2008 $500,000 $ 6,250,000 September 30, 2008 $500,000 18,750,000 December 31, 2008 $500,000 18,750,000 March 31, 2009 $500,000 18,750,000 June 30, 2009 $500,000 18,750,000 September 30, 2009 $500,000 31,250,000 43 December 31, 2009 $500,000 31,250,000 March 31, 2010 $500,000 June 30, 2010 $500,000 September 30, 2010 $500,000 December 31, 2010 $500,000 31,250,000 Maturity Date $190,500,000 or the remaining outstanding Outstanding principal amount of the Term Loan

Appears in 1 contract

Samples: Credit Agreement (Rock-Tenn CO)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty twelve (2012) consecutive quarterly installments as follows, with the balance due on the Maturity Date, 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 1,250,000 December 31, 2008 $500,000 1,250,000 March 31, 2009 $500,000 1,250,000 June 30, 2009 $500,000 1,250,000 September 30, 2009 $500,000 1,250,000 December 31, 2009 $500,000 1,250,000 March 31, 2010 $500,000 1,250,000 June 30, 2010 $500,000 1,250,000 September 30, 2010 $500,000 1,250,000 December 3130, 2010 $500,000 Maturity Date 1,250,000 March 31, 2011 $190,500,000 1,250,000 June 30, 2011 $36,250,000 or the remaining outstanding principal amount of the Term Loan

Appears in 1 contract

Samples: Credit Agreement (Hni Corp)

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 Payment Date Principal Amortization Payment ------------ ------------------------------ March 31,2004 $ 937,500 June 30, 2006 30,2004 $ 937,500 September 30,2004 $ 937,500 December 31,2004 $ 937,500 March 31,2005 $ 937,500 June 30,2005 $ 937,500 September 30,2005 $ 937,500 December 31,2005 $ 937,500 March 31,2006 $500,000 1,250,000 June 30,2006 $1,250,000 September 30, 2006 30,2006 $500,000 1,250,000 December 31, 2006 31,2006 $500,000 1,250,000 March 31, 2007 31,2007 $500,000 1,562,500 June 30, 2007 30,2007 $500,000 1,562,500 September 30, 2007 30,2007 $500,000 1,562,500 December 31, 2007 31,2007 $500,000 1,562,500 March 31, 2008 31,2008 $500,000 1,562,500 June 30, 2008 30,2008 $500,000 1,562,500 September 30, 2008 30,2008 $500,000 1,562,500 December 31, 2008 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 Loan1,562,500

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty twelve (2012) consecutive quarterly installments installments (as follows, unless accelerated sooner reduced pursuant to Section 7.22.09(a)) as follows: Principal Amortization Payment Dates Date Term Loan Principal Amortization Payment December 31, 2003 $ 1,875,000 March 31, 2004 $ 1,875,000 June 30, 2004 $ 1,875,000 September 30, 2004 $ 1,875,000 December 31, 2004 $ 3,125,000 March 31, 2005 $ 3,125,000 June 30, 2005 $ 3,125,000 September 30, 2005 $ 3,125,000 December 31, 2005 $ 3,750,000 March 31, 2006 $ 3,750,000 June 30, 2006 $500,000 $ 3,750,000 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 Loan43,750,000

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

AutoNDA by SimpleDocs

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: 12.2. 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 62,500 June 30, 2008 $500,000 62,500 September 30, 2008 $500,000 62,500 December 31, 2008 $500,000 62,500 March 31, 2009 $500,000 62,500 June 30, 2009 $500,000 62,500 September 30, 2009 $500,000 62,500 December 31, 2009 $500,000 62,500 March 31, 2010 $500,000 62,500 June 30, 2010 $500,000 62,500 September 30, 2010 $500,000 62,500 December 31, 2010 $500,000 62,500 Maturity Date $190,500,000 24,250,000 or the remaining outstanding principal amount of the Term Loan

Appears in 1 contract

Samples: Term Loan and Security Agreement (Santana Products Inc.)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty fifteen (2015) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Date Term Loan Principal Amortization Payment June 30, 2004 $1,500,000 September 30, 2004 $1,500,000 December 31, 2004 $1,500,000 March 31, 2005 $1,875,000 June 30, 2005 $1,875,000 September 30, 2005 $1,875,000 December 31, 2005 $1,875,000 March 31, 2006 $500,000 1,875,000 June 30, 2006 $1,875,000 September 30, 2006 $500,000 1,875,000 December 31, 2006 $500,000 1,875,000 March 31, 2007 $500,000 2,250,000 June 30, 2007 $500,000 2,250,000 September 30, 2007 $500,000 2,250,000 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 Loan3,750,000

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty twelve (2012) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Dates 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 $500,000 301,428 March 31, 2010 $500,000 1,040,000 June 30, 2010 $500,000 1,040,000 September 30, 2010 $500,000 1,040,000 December 31, 2010 $500,000 1,040,000 March 31, 2011 $1,040,000 June 30, 2011 $1,040,000 September 30, 2011 $1,040,000 December 31, 2011 $1,040,000 March 31, 2012 $1,040,000 June 30, 2012 $1,040,000 Term Loan Maturity Date $190,500,000 or the remaining Remaining outstanding principal amount of the Term Loan

Appears in 1 contract

Samples: Credit Agreement (New Century Transportation, Inc.)

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 7.29.2: Term Loan Principal Principal Amortization Amortization Payment Dates Term Loan Principal Amortization Payment June -------------------- -------------------- April 30, 2006 1999 $500,000 September 2,000,000 July 30, 2006 1999 $500,000 December 2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 31, 2006 2000 $500,000 March 2,500,000 October 31, 2007 2000 $500,000 June 2,500,000 January 31, 2001 $2,500,000 April 30, 2007 2001 $500,000 September 3,000,000 July 31, 2001 $3,000,000 October 31, 2001 $3,000,000 January 31, 2002 $3,000,000 April 30, 2007 2002 $500,000 December 3,750,000 July 31, 2007 2002 $500,000 March 3,750,000 October 31, 2008 2002 $500,000 June 30, 2008 $500,000 September 30, 2008 $500,000 December 3,750,000 January 31, 2008 2003 $500,000 March 31, 2009 3,750,000 Total $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 Loan45,000,000

Appears in 1 contract

Samples: Credit Agreement (Pluma Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.