Common use of Scheduled Payments of Term Loans Clause in Contracts

Scheduled Payments of Term Loans. Company shall make principal payments on the Term Loans in installments on the last day of each Fiscal Quarter, beginning with the Fiscal Quarter ending September 30, 2007, in an amount equal to such Lender’s Term Loan Percentage multiplied by (i) 0.25% in the case of the first 27 installments and (ii) 93.25% in the case of the final installment; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further, that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than the Term Loan Maturity Date, and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loans.

Appears in 2 contracts

Samples: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (IntraLinks Holdings, Inc.)

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Scheduled Payments of Term Loans. Company shall make principal payments on the Term Loans in installments on the last day of each Fiscal Quarter, beginning with the Fiscal Quarter ending September 30, 2007, 2007 in an amount equal to such Lender’s Term Loan Percentage multiplied by (i) 0.25% in the case of the first 27 installments and (ii) 93.25% in the case initial aggregate principal amount of the final installmentTerm Loans; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further, that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than the Term Loan Maturity Date, and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loans.

Appears in 2 contracts

Samples: Intercreditor Agreement (SafeNet Holding Corp), Assignment and Assumption (SafeNet Holding Corp)

Scheduled Payments of Term Loans. (i) Company shall make principal payments on the Initial Term Loans in installments on the last day of each Fiscal Quarter, beginning with the Fiscal Quarter ending September June 30, 2007, 2014 in an amount equal to such Lender’s Term Loan Percentage multiplied by (i) 0.25% in the case of the first 27 installments and (ii) 93.25% in the case initial aggregate principal amount of the final installmentInitial Term Loans; provided that the scheduled installments of principal of the Initial Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Initial Term Loans in accordance with subsection 2.4B(iv); and provided, further, that the Initial Term Loans and all other amounts owed hereunder with respect to the Initial Term Loans shall be paid in full no later than the Initial Term Loan Maturity Date, and the final installment payable by Company in respect of the Initial Term Loans on such date shall be in an amount sufficient to repay all amounts owing by Company under this Agreement with respect to the Initial Term Loans.

Appears in 1 contract

Samples: Credit Agreement (IntraLinks Holdings, Inc.)

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Scheduled Payments of Term Loans. Company shall make principal payments on the Term Loans in equal quarterly installments on the last day of each Fiscal Quarter, beginning with the Fiscal Quarter ending September commencing on April 30, 2007, in an amount equal to such Lender’s Term Loan Percentage multiplied by (i) 0.25% in the case of the first 27 installments and (ii) 93.25% in the case of the final installment1998; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further, further that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than the Term Loan Maturity Date, Date and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Urs Corp /New/)

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