Examples of Term Loan Installment Date in a sentence
We are required to make principal payments on the amount of the Term Loans on each Term Loan Installment Date (last business day of each quarter, starting with the quarter ending December 31, 2019) in an amount equal to (x) the percentage set forth opposite the applicable year during which such Term Loan Installment Date occurs multiplied by (y) the Conversion Amount.
Subject to Subparagraph 2.05(d), Borrower shall repay the principal amount of the Term Loans in five (5) equal installments of $25,000,000 each payable on the last day of each March and September, commencing September 30, 1995 and ending on the Maturity Date (each such date to be referred to herein as a "Term Loan Installment Date"); provided, however, that the principal payment due on the Maturity Date shall be in the amount necessary to pay all remaining unpaid principal on all Term Loans.
It is easy to argue that everything would be better if Tanzanian politicians would simply address problems of property rights and venality, but this is not something that can be done overnight.