Scheduled Repayments of Term Loans. On the last day of each calendar quarter of the Borrower commencing with the fiscal quarter ending June 30, 2020, the Borrower shall repay the principal amount of the Term Loans in equal quarterly installments of the annual amortization amount set forth below, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Sections 2.12(a) and 2.12(c), a “Scheduled Repayment”): Date Annual Amortization Amount (% of outstanding Term Loans) Closing Date through June 29, 2021 2.5% June 30, 2021 through June 29, 2022 5.0% June 30, 2022 through June 29, 2023 7.5% June 30, 2023 through June 29, 2024 7.5% June 30, 2024 through December 31, 2024 10.0% Term Loan Maturity Date Remaining Balance of Term Loans In addition to the foregoing, the Borrower shall pay to the Administrative Agent, for the account of the Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.12(a), 2.12(c) and 2.15(f)) equal to the amount (if any) set forth for such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Incremental Term Loans shall be due and payable on the applicable Incremental Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
Scheduled Repayments of Term Loans. On each of the dates set forth below, the Borrower shall repay the principal amount of the Term Loans (with amounts being deemed applied to the non-Hedged Portion of the Term Loan first) in the amount set forth opposite such date, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 5.1(c), a “Scheduled Repayment”): Date Amount of Payment December 31, 2009 $ 2,000,000 March 31, 2010 $ 2,000,000 June 30, 2010 $ 2,000,000 September 30, 2010 $ 2,000,000 December 31, 2010 $ 2,500,000 March 31, 2011 $ 2,500,000 Date Amount of Payment June 30, 2011 $ 2,500,000 September 30, 2011 $ 2,500,000 December 31, 2011 $ 3,000,000 March 31, 2012 $ 3,000,000 June 30, 2012 $ 3,000,000 Term Loan Maturity Date $ 53,000,000
Scheduled Repayments of Term Loans. The principal amount of the Term Loans outstanding shall be payable by the Company in equal quarterly installments each in an amount equal to 0.25% times the aggregate principal amount of all Term Loans outstanding on April 3, 2009, commencing on June 30, 2009 and continuing on the last day of each September, December, March and June thereafter, provided that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 2.16(c), a “Scheduled Repayment”).
Scheduled Repayments of Term Loans. The Borrower shall make principal ---------------------------------- payments on the Term Loans in installments on the dates and in the amounts set forth below: Scheduled Date Repayment of Term Loans -------------------------------------- September 30, 1998 $ 2,500,000 September 30, 1999 $ 2,500,000 September 30, 2000 $ 2,500,000 September 30, 2001 $ 2,500,000 September 30, 2002 $ 2,500,000 September 30, 2003 $ 2,500,000 September 30, 2004 $ 2,500,000 September 30, 2005 $ 2,500,000 September 30, 2006 $ 2,500,000 September 30, 2007 $227,500,000 ; 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 subsections 2.4(a), 2.4(c) or 2.4(d) 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 September 30, 2007, and the final installment payable by the Borrower 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 the Borrower under this Agreement with respect to the Term Loans.
Scheduled Repayments of Term Loans. The Borrowers shall pay jointly and severally to the Agent for the account of the Lenders principal of the Term Loans in 18 consecutive quarterly installments in the amounts set forth below, payable on each Quarterly Date falling during the periods set forth below, commencing on June 30, 1999: Period Amount ------ ------ June 30, 1999 - December 31, 1999 $585,000 March 31, 2000 - December 31, 2000 $495,000 March 31, 2001 - December 31, 2001 $562,500 March 31, 2002 - December 31, 2002 $562,500 March 31, 2003 - June 30, 2003 $255,000 All remaining principal, interest and other amounts payable in respect of the Term Loans will, if not sooner paid, become due and payable on the Term Loan Maturity Date.
Scheduled Repayments of Term Loans. On the last Business Day of each March, June, September and December, the Borrower shall repay the principal amount of the Term Loans (with amounts being deemed applied to the non-Hedged Portion of the Term Loan first) in an amount equal to the Term Loan Amortization Amount, provided that the Borrower shall pay the entire remaining principal amount of the outstanding Term Loans on the Term Loan Maturity Date (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 5.1(c), a “Scheduled Repayment”).
Scheduled Repayments of Term Loans. Commencing on the first Quarterly Payment Date after the expiration of the Term Loan Commitment Period and continuing on each Quarterly Payment Date thereafter, the Borrowers shall make principal payments of the Term Loans in an amount equal to $833,333 for each such quarterly payment, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, a “Scheduled Repayment”).
Scheduled Repayments of Term Loans. The Borrowers shall repay the principal amount of the Term Loans on the last Business Day of each fiscal quarter beginning with the quarter ending March 31, 2016 in an amount equal to $2,750,000 for each such repayment (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Sections 2.13(a) and 2.13(c), a “Scheduled Repayment”). The Borrowers shall repay all remaining amounts owing under the outstanding Term Loans on the Term Loan Maturity Date.
Scheduled Repayments of Term Loans. On each of the dates set forth below the Company shall be required to, and shall, repay the principal amount of its Term Loans in the amount set forth opposite such date, except that the payment due on the Term Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced pursuant to section 5.1(c) or sections 5.2(g), (h), (i), (j) or (k)), a "Scheduled Repayment"): ============================================================= DATE TERM LOANS ------------------------------------------------------------- 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 $ 250,000 ------------------------------------------------------------- March 31, 2004 $ 250,000 ------------------------------------------------------------- June 30, 2004 $ 250,000 ------------------------------------------------------------- September 30, 2004 $ 250,000 ------------------------------------------------------------- December 31, 2004 $ 250,000 ------------------------------------------------------------- March 31, 2005 $ 250,000 ------------------------------------------------------------- June 30, 2005 $ 250,000 ------------------------------------------------------------- September 30, 2005 $ 250,000 ------------------------------------------------------------- December 31, 2005 $ 250,000 ------------------------------------------------------------- March 31, 2006 $ 250,000 ------------------------------------------------------------- June 30, 2006 $ 250,000 ------------------------------------------------------------- September 30, 2006 $ 250,000 ------------------------------------------------------------- December 31, 2006 $ 250,000 ------------------------------------------------------------- March 31, 2007 $ 250,000 ------------------------------------------------------------- June 30, 2007 $ 250,000 ------------------------------------------------------------- September 30, 2007 $ 250,00...
Scheduled Repayments of Term Loans. The unpaid principal amount of the Term Loans shall be payable on the following dates in the following installments: Date Principal Installment Due April 1, 2019 $ 875,000.00 July 1, 2019 $ 875,000.00 October 1, 2019 $ 875,000.00 January 2, 2020 $ 875,000.00 April 1, 2020 $ 875,000.00 July 1, 2020 $ 875,000.00 October 1, 2020 $ 875,000.00 January 4, 2021 $ 875,000.00 April 1, 2021 $ 875,000.00 July 1, 2021 $ 875,000.00 October 1, 2021 $ 875,000.00 January 3, 2022 $ 875,000.00 April 1, 2022 $ 1,312,500.00 July 1, 2022 $ 1,312,500.00 October 3, 2022 $ 1,312,500.00 January 2, 2023 $ 1,312,500.00 April 3, 2023 $ 1,312,500.00 July 3, 2023 $ 1,312,500.00 Term Loan Maturity Date $ 16,625,000.00, or such lesser amount then outstanding provided, however, that the aggregate unpaid principal amount of the Term Loans outstanding on the Term Loan Maturity Date, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date.
