Term Loan A Termination Date definition
Examples of Term Loan A Termination Date in a sentence
The Borrower shall repay the entire outstanding principal amount of, and all accrued but unpaid interest on, (a) the Term Loans A on the Term Loan A Termination Date and (b) the Term Loans B on the Term Loan B Termination Date, subject in either case to any earlier dates on which mandatory principal payments may be required under Section 2.8(b).
Within 30 days prior to the termination of such lease the Borrower shall furnish proof that the lease has been extended to a date later than the Term Loan A Termination Date.
Unless otherwise required to be paid sooner pursuant to the provisions of the Credit Agreement, the principal indebtedness evidenced hereby shall be payable in installments as set forth in the Credit Agreement with a final installment payable on the Term Loan A Termination Date.
The remainder of repayment shall be made as follows: 83 equal payments of principal and interest in the amount of $14,365.56 in immediately available funds at the Head Office of the Bank on the first day of each month commencing on May 1, 2011, plus one final payment of principal and interest in the amount of $1,735,410.35 and all then outstanding principal, interest, fees and costs due on Term Loan A Termination Date.
The aggregate amount of Term A Loans and Term B Loans, as the case may be, of all the Lenders outstanding on the Term Loan A Termination Date and the Term Loan B Termination Date, as the case may be, shall be paid on such date.
The Borrower may exercise such right only by executing and delivering to the Agent at least 90 days prior to the current Term Loan A Termination Date, a written request for such extension (a “Term Loan A Extension Request”).
Repayment shall be made as follows: 59 equal payments of principal and interest in the amount of $14,556.93 in immediately available funds at the Head Office of the Bank on the first day of each month commencing on July 1, 2008, plus one final payment of principal and interest in the amount of $2,032,147.07 and all then outstanding principal, interest, fees and costs due on Term Loan A Termination Date.
The remainder of repayment shall be made as follows: 68 equal payments of principal and interest in the amount of $12,553.02 in immediately available funds at the Head Office of the Bank on the first day of each month commencing on September 1, 2012, plus one final payment of principal and interest in the amount of $1,674,217.22 and all then outstanding principal, interest, fees and costs due on Term Loan A Termination Date.
Accrued and unpaid interest on each Loan shall be payable in the case of both Base Rate Loans and LIBOR Loans, monthly in arrears on the first day of each calendar month and upon the Revolving Loan Termination Date with respect to Revolving Loans, the Term Loan A Termination Date with respect to Term Loans A, the Term Loan B Termination Date with respect to Term Loans B, or any earlier date on which Loans are due and payable in full, whether by acceleration or otherwise.
Such fee shall be due and payable in full on the date such extension of the Term Loan A Termination Date is set to begin and as a condition to such extension.