Term Loan Payment Date definition

Term Loan Payment Date is defined in Section 2.1.1(b).

Term Loan Payment Date has the meaning set forth in Section 1(c)(ii) of this Agreement.

Term Loan Payment Date means the last Business Day of each March, June, September and December occurring prior to the Maturity Date beginning September 30, 2002.

Examples of Term Loan Payment Date in a sentence

• The outstanding principal balance of the Term Loan shall be payable to the Lender in equal consecutive monthly installments in the amount of $357,142.86 on each Term Loan Payment Date, commencing with the Term Loan Payment Date of April 1, 2011 and continuing thereafter until the Term Loan Termination Date, at which time the outstanding principal balance of the Term Loan, together with all interest accrued thereon, shall be due and payable in full.

• Interest accrued on each LIBO Rate Advance shall be payable on each Term Loan Payment Date, commencing with the first such date to occur after the date hereof and at maturity.

• Borrower shall make principal payments on the Incremental Term Loans on each Incremental Term Loan Payment Date equal to the amount set forth for such date in the applicable Joinder Agreement, together with accrued and unpaid interest on the principal amount to be paid up to but excluding the date of such payment.

• The principal amount outstanding under the Term Notes shall be payable in quarterly installments commencing on the first day of the fourth full fiscal month following the Closing Date and, thereafter, on each three-month anniversary thereof (each such date, a “Term Loan Payment Date”) as follows: (a) on each Term Loan Payment Date, in an amount equal to $9,250,000 and (b) on the Maturity Date, in any amount equal to the remaining aggregate principal amount of the Term Loans outstanding on such date.

• Any principal payment with respect to the Term Loan not paid when due, whether on a Term Loan Payment Date or by acceleration, shall bear interest thereafter at a rate per annum of two percent (2.0%) over the Term Loan Applicable Rate in effect with respect to such payment at the time of such default (the "Term Loan Default Rate").

More Definitions of Term Loan Payment Date

Term Loan Payment Date means the date on which all Term Loan Obligations have been paid in full (other than indemnities and other contingent obligations not yet due and payable) and the Term Loan Documents have been terminated.

Term Loan Payment Date means the first day of each month.

Term Loan Payment Date means each date set forth in the table in Section 2.2(iii).

Term Loan Payment Date. Has the meaning set forth in Section 2.5(a).

Term Loan Payment Date means, with respect to any Term Loan, (a) the first Business Day of the third month immediately following the related Term Loan Start Date and the first Business Day of each third consecutive month thereafter occurring prior to the Maturity Date, and (b) the Maturity Date.

Term Loan Payment Date means (a) the Initial Term Loan Payment Date and each six month anniversary occurring thereafter which occurs prior to the Term Loan End Date and

Term Loan Payment Date means each May 31, August 31, November 30 and February 28 during the term of the Term Loan, beginning May 31, 1999. Term Note shall mean the promissory note, substantially in the form of Exhibit B attached hereto, of the Borrower and Ultimate Parent evidencing the Term Loan, payable to the order of the Lender in the amount of the Lender's Term Loan Commitment, and all renewals, extensions, modifications, rearrangements and replacements thereof and substitutions therefor.