Repayment of Term Loans Sample Clauses
POPULAR SAMPLE Copied 3 times
Repayment of Term Loans. (1) The Borrower will repay to the Administrative Agent for the ratable account of the applicable Lenders with Tranche B Term Loans on the last Business Day of each fiscal quarter of the Borrower, commencing with the last Business Day of the fiscal quarter of the Borrower ending on or about July 31, 2017, an aggregate principal amount equal to 0.25% of the aggregate principal amount of the Tranche B Term Loans funded on the Closing Date, which payments will be reduced as a result of the application of prepayments of Tranche B Term Loans in accordance with the order of priority set forth in Section 2.07 or 2.08, as applicable (each such date being referred to as an “Original Term Loan Installment Date”);
(a) In the event that any Incremental Term Loans are made, the Borrower will repay Borrowings consisting of Incremental Term Loans on the dates (each an “Incremental Term Loan Installment Date”) and in the amounts set forth in the applicable Incremental Facility Amendment, (b) in the event that any Other Term Loans are made, the Borrower will repay Borrowings consisting of Other Term Loans on the dates (each an “Other Term Loan Installment Date”) and in the amounts set forth in the applicable Refinancing Amendment and (c) in the event that any Extended Term Loans are made, the Borrower will repay Borrowings consisting of Extended Term Loans on the dates (each an “Extended Term Loan Installment Date”) and in the amounts set forth in the applicable Extension Amendment; and
Repayment of Term Loans. (a) The principal amount of the Non-Extended Term Loans shall be repaid in consecutive quarterly installments (each, a “Non-Extended Term Loan Installment”) of 0.25% of the original aggregate principal amount thereof (to be decreased in accordance with SECTION 2.16 or 2.17(f) in the event of any voluntary or mandatory prepayments of the Non-Extended Term Loans made hereunder, including any such prepayments made prior to the First Amendment Effective Date), each payable on the Installment Date. The remaining principal amount of the Non-Extended Term Loans shall be repaid on the Non-Extended Term Loan Maturity Date.
(b) The principal amount of the Extended Term Loans shall be repaid in consecutive quarterly installments (each, an “Extended Term Loan Installment”) of 0.25% of the original aggregate principal amount thereof (to be decreased in accordance with SECTION 2.16 or 2.17(f) in the event of any voluntary or mandatory prepayments of the Extended Term Loans made hereunder, including any such prepayments made prior to the First Amendment Effective Date), each payable on the Installment Date. The remaining principal amount of the Extended Term Loans shall be repaid on the Extended Term Loan Maturity Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with SECTION 2.16 or 2.17(f), as applicable; (y) the Non-Extended Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Non-Extended Maturity Date; and (z) the Extended Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Extended Maturity Date.
Repayment of Term Loans. The Term Loan of each Term Loan Lender shall mature in 20 consecutive quarterly installments, each of which shall be in an amount equal to such Lender’s Term Percentage multiplied by the amount set forth below opposite such installment: June 30, 2005 $ 5,500,000 September 30, 2005 $ 5,500,000 December 31, 2005 $ 5,500,000 March 31, 2006 $ 5,500,000 June 30, 2006 $ 11,000,000 September 30, 2006 $ 11,000,000 December 31, 2006 $ 11,000,000 March 31, 2007 $ 11,000,000 June 30, 2007 $ 11,000,000 September 30, 2007 $ 11,000,000 December 31, 2007 $ 11,000,000 March 31, 2008 $ 11,000,000 June 30, 2008 $ 11,000,000 September 30, 2008 $ 11,000,000 December 31, 2008 $ 11,000,000 March 31, 2009 $ 11,000,000 June 30, 2009 $ 16,500,000 September 30, 2009 $ 16,500,000 December 31, 2009 $ 16,500,000 Maturity Date $ 16,500,000
Repayment of Term Loans. (a) The Bridge Term Loans will mature on the Bridge Term Loan Maturity Date and, to the extent then unpaid and subject to satisfaction of the conditions set forth in Section 2.01(e), will automatically be converted into Rollover Loans as set forth under Section 2.01(b). The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Rollover Loan on the Rollover Loan Maturity Date.
(b) [Reserved].
(c) Prepayment of the Loans from (after the Closing Date):
(i) all Net Proceeds pursuant to Section 2.11(b) shall be applied to the Loans;
(ii) any optional prepayments of the Loans pursuant to Section 2.11(a) shall be applied as the Borrower may direct; and
(iii) all proceeds of Bridge Term Loans which have not been applied in accordance with Section 5.08, on or before the date falling one Business Day after the last day of the Certain Funds Period; provided that any such prepayment pursuant to clause (i) above that would otherwise be required to be made during the Certain Funds Period shall be deferred until (and shall instead by made on) the date falling immediately after the last day of the Certain Funds Period.
(d) Any mandatory prepayment of Loans pursuant to Section 2.11(b)) shall be applied to the aggregate principal amount of outstanding Loan, irrespective of whether such outstanding Loans are ABR Loans or Eurocurrency Loans. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Loans shall be accompanied by accrued interest on the amount repaid.
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Lender shall mature in 20 consecutive quarterly installments, commencing on March 31, 1998, each of which shall be in an amount equal to such Lender's Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount March 31, 1998 $700,000 June 30, 1998 700,000 September 30, 1998 700,000 December 31, 1998 700,000 March 31, 1999 1,850,000 June 30, 1999 1,850,000 September 30, 1999 1,850,000 December 31, 1999 1,850,000 March 31, 2000 1,850,000 June 30, 2000 1,850,000 September 30, 2000 1,850,000 December 31, 2000 1,850,000 March 31, 2001 2,175,000 June 30, 2001 2,175,000 September 30, 2001 2,175,000 December 31, 2001 2,175,000 March 31, 2002 2,175,000 June 30, 2002 2,175,000 September 30, 2002 2,175,000 December 31, 2002 2,175,000 (b) The Tranche B Term Loan of each Tranche B Lender shall mature in 24 consecutive quarterly installments, commencing on March 31, 1998, each of which shall be in an amount equal to such Lender's Tranche B Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount March 31, 1998 $100,000 June 30, 1998 100,000 September 30, 1998 100,000 December 31, 1998 100,000 March 31, 1999 100,000 June 30, 1999 100,000 September 30, 1999 100,000 December 31, 1999 100,000 March 31, 2000 100,000 June 30, 2000 100,000 September 30, 2000 100,000 December 31, 2000 100,000 March 31, 2001 100,000 June 30, 2001 100,000 September 30, 2001 100,000 December 31, 2001 100,000 March 31, 2002 100,000 June 30, 2002 100,000 September 30, 2002 100,000 December 31, 2002 100,000 March 31, 2003 3,250,000 June 30, 2003 3,250,000 September 30, 2003 3,250,000 December 31, 2003 3,250,000
Repayment of Term Loans. 30 2.4 Revolving Credit Commitments.......................................................................31 2.5 Procedure for Revolving Credit Borrowing...........................................................32 2.6
Repayment of Term Loans. The Term Loan of each Term Loan Lender shall mature in 28 consecutive quarterly installments, commencing on June 30, 2004 and ending on March 4, 2011, each of which shall be in an amount equal to such Lender's Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount ----------- ---------------- June 30, 2004 $ 450,000 September 30, 2004 $ 450,000 December 31, 2004 $ 450,000 March 31, 2005 $ 450,000 June 30, 2005 $ 450,000 September 30, 2005 $ 450,000 December 31, 2005 $ 450,000 March 31, 2006 $ 450,000 June 30, 2006 $ 450,000 September 30, 2006 $ 450,000 December 31, 2006 $ 450,000 March 31, 2007 $ 450,000 June 30, 2007 $ 450,000 September 30, 2007 $ 450,000 December 31, 2007 $ 450,000 March 31, 2008 $ 450,000 June 30, 2008 $ 450,000 September 30, 2008 $ 450,000 December 31, 2008 $ 450,000 March 31, 2009 $ 450,000 June 30, 2009 $ 450,000 September 30, 2009 $ 450,000 Installment Principal Amount ----------- ---------------- December 31, 2009 $ 450,000 March 31, 2010 $ 450,000 June 30, 2010 $42,300,000 September 30, 2010 $42,300,000 December 31, 2010 $42,300,000 March 4, 2011 $42,300,000
Repayment of Term Loans. Each Term Loan of each Term Lender shall mature in 20 consecutive quarterly installments, each of which shall be in an amount equal to the product of such Lender’s Term Percentage, as applicable, multiplied by (i) the Amortization Percentage set forth below opposite such installment and (ii) the initial principal amount of the Term Loans borrowed on the Fifth Amendment and Restatement Effective Date and Delayed Draw Borrowing Date. September 30, 2013 1.25% December 31, 2013 1.25% March 31, 2014 1.25% June 30, 2014 1.25% September 30, 2014 2.50% December 31, 2014 2.50% March 31, 2015 2.50% June 30, 2015 2.50% September 30, 2015 2.50% December 31, 2015 2.50% March 31, 2016 2.50% June 30, 2016 2.50% September 30, 2016 3.75% December 31, 2016 3.75% March 31, 2017 3.75% June 30, 2017 3.75% September 30, 2017 5.00% December 31, 2017 5.00% March 31, 2018 5.00% Maturity Date 45.00%
Repayment of Term Loans. 35 2.4 Revolving Credit Commitments...................................................... 36 2.5 Procedure for Revolving Credit Borrowing.......................................... 36 2.6
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.