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.
Appears in 4 contracts
Sources: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 13 consecutive quarterly installments and semi-annual installments, commencing on the Tranche A Term Loan Maturity DateMarch 31, 1998, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan 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 1998 $13,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 1998 13,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 1999 20,000,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 1999 20,000,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 2000 28,500,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 2000 28,500,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 2001 36,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 2001 36,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 2002 41,000,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2002 41,000,000 March 31, 2003 45,500,000 September 30, 2003 45,500,000 May 31, 2004 50,000,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 16 consecutive quarterly installments on the last day of each Septembersemi-annual installments, December, March and June (commencing on March 31, 2011)1998, each of which shall be 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 's Tranche B Term Loan Maturity Date in an Percentage multiplied by the amount equal to all remaining outstanding Tranche B Term Loans of set forth below opposite such Tranche B Term Lender.installment: Installment Principal Amount ----------- ---------------- March 31, 1998 $ 200,000 September 30, 1998 200,000 March 31, 1999 200,000 September 30, 1999 200,000 March 31, 2000 200,000 September 30, 2000 200,000 March 31, 2001 200,000 September 30, 2001 200,000 March 31, 2002 200,000 September 30, 2002 200,000 March 31, 2003 200,000 September 30, 2003 200,000 March 31, 2004 200,000 September 30, 2004 20,000,000 March 31, 2005 63,700,000 October 31, 2005 63,700,000
Appears in 2 contracts
Sources: Credit Agreement (International Home Foods Inc), Credit Agreement (International Home Foods Inc)
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 September 30, 2014 $ 12,500,000 December 31, 2014 $ 12,500,000 March 31, 2011 2015 $ 12,500,000 June 30, 2011 2015 $ 12,500,000 September 30, 2011 2015 $ 12,500,000 December 31, 2011 2015 $ 12,500,000 March 31, 2012 2016 $ 12,500,000 June 30, 2012 2016 $ 12,500,000 September 30, 2012 2016 $ 12,500,000 18,750,000 December 31, 2012 2016 $ 12,500,000 18,750,000 March 31, 2013 2017 $ 18,750,000 June 30, 2017 $ 18,750,000 September 30, 2017 $ 25,000,000 December 31, 2017 $ 25,000,000 March 31, 2018 $ 25,000,000 June 30, 2013 2018 $ 25,000,000 September 30, 2013 2018 $ 25,000,000 December 31, 2013 2018 $ 25,000,000 March 31, 2014 2019 $ 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 25,000,000 Tranche A Term Loan Maturity Date $ 537,500,000 650,000,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 27 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31September 30, 20112014), 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.
Appears in 2 contracts
Sources: Credit Agreement, Credit Agreement (Davita Healthcare Partners Inc.)
Repayment of Term Loans. (a) The From and after the borrowing of the Tranche A Term Loans, the Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 19 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 December 31, 2019 $10,937,500 March 31, 2011 $ 12,500,000 2020 $10,937,500 June 30, 2011 $ 12,500,000 2020 $10,937,500 September 30, 2011 $ 12,500,000 2020 $10,937,500 December 31, 2011 $ 12,500,000 2020 $21,875,000 March 31, 2012 $ 12,500,000 2021 $21,875,000 June 30, 2012 $ 12,500,000 2021 $21,875,000 September 30, 2012 $ 12,500,000 2021 $21,875,000 December 31, 2012 $ 12,500,000 2021 $21,875,000 March 31, 2013 $ 25,000,000 2022 $21,875,000 June 30, 2013 $ 25,000,000 2022 $21,875,000 September 30, 2013 $ 25,000,000 2022 $21,875,000 December 31, 2013 $ 25,000,000 2022 $32,812,500 March 31, 2014 $ 37,500,000 2023 $32,812,500 June 30, 2014 $ 37,500,000 2023 $32,812,500 September 30, 2014 $ 37,500,000 2023 $32,812,500 December 31, 2014 $ 37,500,000 2023 $43,750,000 March 31, 2015 $ 37,500,000 2024 $43,750,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 2024 $43,750,000 Tranche A Term Loan Maturity Date $ 537,500,000 $1,268,750,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 27 consecutive quarterly installments on the last day of each SeptemberMarch, DecemberJune, March September and June December (commencing on March December 31, 20112019), 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.
Appears in 1 contract
Sources: Credit Agreement (Davita Inc.)
Repayment of Term Loans. (a) The Initial Tranche A Term Loan of each Tranche A Term Lender shall mature be payable on each date set forth below in 20 consecutive quarterly an amount set forth opposite such date (expressed as a percentage of the stated principal amount of the Initial Tranche A Term Loans funded on the Closing Date) (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.18(b), or be increased as a result of any increase in the amount of Initial Tranche A Term Loans pursuant to Supplemental Term Loan Commitments (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Initial Tranche A Term Loans made as of the Closing Date)), with the remaining balance thereof payable on the Tranche A Term Loan Maturity Date. Date Amount December 31, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due 2012 1.25 % March 31, 2013 1.25 % June 30, 2013 1.25 % September 30, 2013 1.25 % December 31, 2013 1.875 % March 31, 2014 1.875 % June 30, 2014 1.875 % September 30, 2014 1.875 % December 31, 2014 2.5 % March 31, 2015 2.5 % June 30, 2015 2.5 % September 30, 2015 2.5 % December 31, 2015 3.125 % Date Principal Amount March 31, 2011 $ 12,500,000 2016 3.125 % June 30, 2011 $ 12,500,000 2016 3.125 % September 30, 2011 $ 12,500,000 2016 3.125 % December 31, 2011 $ 12,500,000 2016 13 % March 31, 2012 $ 12,500,000 2017 13 % June 30, 2012 $ 12,500,000 2017 13 % September 30, 2012 $ 12,500,000 2017 13 % 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 2017 13 %
(b) The Initial Tranche B Term Loan of each Tranche B Term Lender shall mature (i) be payable in 23 equal consecutive quarterly installments installments, commencing on December 31, 2012, on the last day Business Day of each SeptemberMarch, DecemberJune, March September 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 December following 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 one quarter of one percent (0.25%) of the stated principal amount of the Initial Tranche B Term Loans funded on the Closing Date (which installments shall, to the extent applicable, be reduced as a result of such the application of prepayments in accordance with the order of priority set forth in Section 2.18(b), or be increased as a result of any increase in the amount of Initial Tranche B Term LenderLoans pursuant to Supplemental Term Loan Commitments (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Initial Tranche B Term Loans made as of the Closing Date)), with the remaining balance thereof payable on the Tranche B Term Maturity Date.
Appears in 1 contract
Sources: Credit Agreement (Booz Allen Hamilton Holding Corp)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 16 consecutive quarterly installments and (with the balance of the Tranche A Term Loan of each Lender maturing on the Tranche A Term Loan Maturity Date), each of which shall be in an amount equal to such Lender’s Term Percentage with respect to the Tranche A Term Percentage Facility multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount June 30, 2017 September 30, 2017 December 31, 2017 March 31, 2011 $ 12,500,000 2018 June 30, 2011 $ 12,500,000 2018 September 30, 2011 $ 12,500,000 2018 December 31, 2011 $ 12,500,000 2018 March 31, 2012 $ 12,500,000 2019 June 30, 2012 $ 12,500,000 2019 September 30, 2012 $ 12,500,000 2019 December 31, 2012 $ 12,500,000 2019 March 31, 2013 $ 25,000,000 2020 June 30, 2013 $ 25,000,000 2020 September 30, 2013 $ 25,000,000 2020 December 31, 2013 $ 25,000,000 2020 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 2021 Tranche A Term Loan Maturity Date $ 537,500,000 Date$7,312,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $10,968,75018,562,500 $10,968,75027,843,750 $10,968,75027,843,750 $10,968,75027,843,750 $14,625,00027,843,750 $14,625,00037,125,000 $14,625,00037,125,000 $14,625,00037,125,000 $424,125,00037,125,000 $1,076,625,000
(b) The 2017 Incremental Tranche B Term Loan of each 2017 Incremental Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments (with the balance of the 2017 Incremental Tranche B Term Loan of each 2017 Incremental Tranche B Term Lender maturing on the last day of each September, December, March and June (commencing on March 31, 20112017 Incremental Tranche B Term Loan Maturity Date), each of which shall be in an amount equal to such Lender’s 2017 Incremental Tranche B Term Lender’s 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 with respect to 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.multiplied by $1,250,000:
Appears in 1 contract
Sources: Credit Agreement (Gartner Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateSeptember 30, 2000, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount percentage set forth below opposite such installment: installment of the initial aggregate principal amount of Tranche A Term Loans (ratably between the Tranche A Term Loans made in Dollars and the Tranche A Term Loans made in Sterling): Installment Due Date Principal Amount Percentage ----------- ---------- September 30, 2000 1.25% December 31, 2000 1.25% March 31, 2011 $ 12,500,000 2001 1.25% June 30, 2011 $ 12,500,000 2001 1.25% September 30, 2011 $ 12,500,000 2001 2.50% December 31, 2011 $ 12,500,000 2001 2.50% March 31, 2012 $ 12,500,000 2002 2.50% June 30, 2012 $ 12,500,000 2002 2.50% September 30, 2012 $ 12,500,000 2002 3.75% December 31, 2012 $ 12,500,000 2002 3.75% March 31, 2013 $ 25,000,000 2003 3.75% June 30, 2013 $ 25,000,000 2003 3.75% September 30, 2013 $ 25,000,000 2003 5.00% December 31, 2013 $ 25,000,000 2003 5.00% March 31, 2014 $ 37,500,000 2004 5.00% June 30, 2014 $ 37,500,000 2004 5.00% September 30, 2014 $ 37,500,000 2004 12.50% December 31, 2014 $ 37,500,000 2004 12.50% March 31, 2015 $ 37,500,000 2005 12.50% June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2005 12.50%
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 28 consecutive quarterly installments on the last day of each Septemberinstallments, December, March and June (commencing on March 31September 30, 2011)2000, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% the percentage set forth below opposite such installment of the initial aggregate principal amount of Tranche B Term Loans (ratably between the Tranche B Term Loans outstanding on the Closing Date immediately after funding made in Dollars and the Tranche B Term Facility Loans made in Sterling and (ii) on ratably between the Tranche B Term Loan Maturity Date in an amount equal Loans made to all remaining outstanding the Borrower and the Tranche B Term Loans of such Tranche B Term Lender.made to the Canadian Borrower): Installment Percentage ----------- ---------- September 30, 2000 0.1875% December 31, 2000 0.1875% March 31, 2001 0.1875% June 30, 2001 0.1875% September 30, 2001 0.25% December 31, 2001 0.25% 34 March 31, 2002 0.25% June 30, 2002 0.25% September 30, 2002 0.25% December 31, 2002 0.25% March 31, 2003 0.25% June 30, 2003 0.25% September 30, 2003 0.25% December 31, 2003 0.25% March 31, 2004 0.25% June 30, 2004 0.25% September 30, 2004 0.3125% December 31, 2004 0.3125% March 31, 2005 0.3125% June 30, 2005 0.3125% September 30, 2005 11.25% December 31, 2005 11.25% March 31, 2006 11.25% June 30, 2006 11.25% September 30, 2006 12.50% December 31, 2006 12.50% March 31, 2007 12.50% June 30, 2007 12.50%
Appears in 1 contract
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 and a final installment on the last day of each September, December, March and June (commencing on March 31, 2011)Tranche B Term Maturity Date, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% the amount set forth below opposite such installment: September 30, 2003 $ 150,000 December 31, 2003 $ 150,000 March 31, 2004 $ 150,000 June 30, 2004 $ 150,000 September 30, 2004 $ 150,000 December 31, 2004 $ 150,000 March 31, 2005 $ 150,000 June 30, 2005 $ 150,000 September 30, 2005 $ 150,000 December 31, 2005 $ 150,000 March 31, 2006 $ 150,000 June 30, 2006 $ 150,000 September 30, 2006 $ 150,000 December 31, 2006 $ 150,000 March 31, 2007 $ 150,000 June 30, 2007 $ 150,000 September 30, 2007 $ 150,000 December 31, 2007 $ 150,000 March 31, 2008 $ 150,000 June 30, 2008 $ 150,000 September 30, 2008 $ 14,250,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,250,000 Tranche B Term Maturity Date $ 14,250,000
(b) The Incremental Term Loans of each Incremental Term Lender shall mature in consecutive installments as specified in the aggregate principal amount of Incremental Facility Activation Notice pursuant to which such Incremental Term Loans were made; provided that no Incremental Term Maturity Date shall occur prior to 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 LenderDate.
Appears in 1 contract
Sources: Credit Agreement (Mq Associates Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature be repaid (i) in 20 19 consecutive quarterly installments and on the Tranche A Term Loan Maturity Dateinstallments, commencing March 31, 2019, each of which shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite each installment (as such installmentpayments may be reduced from time to time as a result of the application of prepayments in accordance with Section 2.12 or 2.13 or increased as a result of any increase in the amount of such Tranche A Term Loans pursuant to Section 2.27) and (ii) on the Tranche A Final Maturity Date, the remainder of the principal amount of the Tranche A Term Loans outstanding on such date, together in each case with accrued but unpaid interest on the principal amount to be paid to but excluding the date of such payment: Installment Due Date Principal Amount March 31, 2011 2019 $ 12,500,000 21,250,000 June 30, 2011 2019 $ 12,500,000 21,250,000 September 30, 2011 2019 $ 12,500,000 21,250,000 December 31, 2011 2019 $ 12,500,000 21,250,000 March 31, 2012 2020 $ 12,500,000 21,250,000 June 30, 2012 2020 $ 12,500,000 21,250,000 September 30, 2012 2020 $ 12,500,000 21,250,000 December 31, 2012 2020 $ 12,500,000 21,250,000 March 31, 2013 2021 $ 25,000,000 31,875,000 June 30, 2013 2021 $ 25,000,000 31,875,000 September 30, 2013 2021 $ 25,000,000 31,875,000 December 31, 2013 2021 $ 25,000,000 31,875,000 March 31, 2014 2022 $ 37,500,000 42,500,000 June 30, 2014 2022 $ 37,500,000 42,500,000 September 30, 2014 2022 $ 37,500,000 42,500,000 December 31, 2014 2022 $ 37,500,000 42,500,000 March 31, 2015 2023 $ 37,500,000 42,500,000 June 30, 2015 2023 $ 37,500,000 42,500,000 September 30, 2015 2023 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 42,500,000 (b) The principal amount of the Tranche B Term Loan of each Tranche B Term Lender shall mature be repaid (i) in 23 consecutive quarterly installments on the last day Business Day of each SeptemberMarch, DecemberJune, March September and June (December prior to the Tranche B Final Maturity Date, commencing on March 31, 2011)2019, in each case, in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate original principal amount of the Tranche B Term Loans (as such payments may be reduced from time to time as a result of the application of prepayments in accordance with Section 2.12 or 2.13 or increased as a result of any increase in the amount of such Tranche B Term Loans pursuant to Section 2.27) and (ii) on the Tranche B Final Maturity Date, the remainder of the principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) such date, together in each case with accrued but unpaid interest on the Tranche B Term Loan Maturity Date in an principal amount equal to all remaining outstanding Tranche B Term Loans be paid to but excluding the date of such Tranche B Term Lenderpayment.
Appears in 1 contract
Sources: Credit Agreement (Tenneco Inc)
Repayment of Term Loans. (a) The Tranche A Initial Term Loan of each Tranche A Initial Term Lender shall mature and be repaid in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Dateinstallments, each of which shall be in an amount equal to such Lender’s Tranche A Initial 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 $5,000,000 December 31, 2013 $ 25,000,000 $5,000,000 March 31, 2014 $ 37,500,000 $5,000,000 June 30, 2014 $ 37,500,000 $5,000,000 September 30, 2014 $ 37,500,000 $5,000,000 December 31, 2014 $ 37,500,000 $5,000,000 March 31, 2015 $ 37,500,000 $5,000,000 June 30, 2015 $ 37,500,000 $5,000,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan $5,000,000 December 31, 2015 $5,000,000 March 31, 2016 $5,000,000 June 30, 2016 $5,000,000 September 30, 2016 $5,000,000 December 31, 2016 $5,000,000 March 31, 2017 $5,000,000 June 30, 2017 $5,000,000 September 30, 2017 $5,000,000 December 31, 2017 $5,000,000 March 31, 2018 $5,000,000 Maturity Date $ 537,500,000 Balance of Initial Term Loan.
(b) The Tranche B Incremental Term Loan Loans of each Tranche B Incremental Term Lender shall mature in consecutive installments (iwhich shall be no more frequent than quarterly) as specified in 23 the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made, provided that, prior to the final maturity of the Initial Term Loans, the aggregate amount of such installments for any four 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 0.25fiscal quarters shall not exceed 2.22% of the aggregate principal amount of the Tranche B such Incremental 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 date such Loans of such Tranche B Term Lenderwere first made.
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Term Loan Loans of each Tranche A Term Loan Lender shall mature in 20 16 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateSeptember 30, 1999, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31installment (provided, 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 that if less than the full amount of the Tranche A Term Loan Maturity Date Commitments is actually drawn by the Borrower, then the amount of each such installment shall be proportionally reduced): Installment Principal Amount ----------- ---------------- September 30, 1999 $ 537,500,000 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $ 5,000,000 September 30, 2000 $ 6,250,000 December 31, 2000 $ 6,250,000 March 31, 2001 $ 6,250,000 June 30, 2001 $ 6,250,000 September 30, 2001 $ 6,250,000 December 31, 2001 $ 6,250,000 March 31, 2002 $ 6,250,000 June 30, 2002 $ 6,250,000 September 30, 2002 $ 7,500,000 December 31, 2002 $ 7,500,000 March 31, 2003 $ 7,500,000 June 30, 2003 $ 7,500,000.
(b) The Tranche B Term Loan of each Tranche B Term Loan Lender shall mature (i) in 23 22 consecutive quarterly installments on the last day of each Septemberinstallments, December, March and June (commencing on March 31September 30, 2011)1998, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% of the aggregate principal amount set forth below opposite such installment (provided, that if less than the full amount of the Tranche B Term Loans outstanding on Loan Commitments is actually drawn by the Closing Date immediately after funding Borrower, then 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 each such Tranche B Term Lenderinstallment shall be proportionally reduced): Installment Principal Amount ----------- ---------------- September 30, 1998 $ 250,000 December 31, 1998 $ 250,000 March 31, 1999 $ 250,000 June 30, 1999 $ 250,000 September 30, 1999 $ 250,000 December 31, 1999 $ 250,000 March 31, 2000 $ 250,000 June 30, 2000 $ 250,000 September 30, 2000 $ 250,000 December 31, 2000 $ 250,000 March 31, 2001 $ 250,000 June 30, 2001 $ 250,000 September 30, 2001 $ 250,000 December 31, 2001 $ 250,000 March 31, 2002 $ 250,000 June 30, 2002 $ 250,000 September 30, 2002 $ 250,000 December 31, 2002 $ 250,000 March 31, 2003 $ 250,000 June 30, 2003 $ 250,000 September 30, 2003 $ 250,000 December 31, 2003 $ 94,750,000.
Appears in 1 contract
Repayment of Term Loans. (a) The From and after the borrowing of the Tranche A Term Loans, the Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 19 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 December 31, 2019 $10,937,500 March 31, 2011 $ 12,500,000 2020 $10,937,500 June 30, 2011 $ 12,500,000 2020 $10,937,500 September 30, 2011 $ 12,500,000 2020 $10,937,500 December 31, 2011 $ 12,500,000 2020 $21,875,000 March 31, 2012 $ 12,500,000 2021 $21,875,000 June 30, 2012 $ 12,500,000 2021 $21,875,000 September 30, 2012 $ 12,500,000 2021 $21,875,000 December 31, 2012 $ 12,500,000 2021 $21,875,000 March 31, 2013 $ 25,000,000 2022 $21,875,000 June 30, 2013 $ 25,000,000 2022 $21,875,000 September 30, 2013 $ 25,000,000 2022 $21,875,000 December 31, 2013 $ 25,000,000 2022 $32,812,500 March 31, 2014 $ 37,500,000 2023 $32,812,500 June 30, 2014 $ 37,500,000 2023 $32,812,500 September 30, 2014 $ 37,500,000 2023 $32,812,500 December 31, 2014 $ 37,500,000 2023 $43,750,000 March 31, 2015 $ 37,500,000 2024 $43,750,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 2024 $43,750,000 Tranche A Term Loan Maturity Date $ 537,500,000 $1,268,750,000
(b) The Tranche B B-1 Term Loan of each Tranche B B-1 Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each SeptemberMarch, DecemberJune, March September and June December (commencing on March 31, 20112020), each in an amount equal to such Lender’s Tranche B B-1 Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B B-1 Term Loans outstanding on the Closing First Amendment Effective Date immediately after funding the Tranche B B-1 Term Facility Facility, until the Tranche B-1 Term Loan Maturity Date and (ii) on the Tranche B B-1 Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B B-1 Term Loans of such Tranche B B-1 Term Lender.
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Sources: Credit Agreement (Davita Inc.)