Repayment of Tranche A Term Loan Sample Clauses

Repayment of Tranche A Term Loan. The Borrower hereby promises to pay the outstanding principal amount of the Tranche A Term Loan in twenty-four (24) consecutive quarterly installments as follows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 3.3), unless accelerated sooner pursuant to Section 9.2: ================================ ============================== TRANCHE A TERM LOAN PRINCIPAL AMORTIZATION PRINCIPAL AMORTIZATION PAYMENT DATES PAYMENT -------------------------------- ------------------------------ June 30, 2001, September 30, 2001, December 31, 2001, March 31, 2002, June 30, 2002, September 30, 2002, December 31, 2002 and March 31, 2003 $3,000,000 -------------------------------- ------------------------------ June 30, 2003, September 30, 2003, December 31, 2003, March 31, 2004, June 30, 2004, September 30, 2004, December 31, 2004 and March 31, 2005 $4,000,000 -------------------------------- ------------------------------ June 30, 2005, September 30, 2005, December 31, 2005 and March 31, 2006 $5,000,000 -------------------------------- ------------------------------ June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 $6,000,000 ================================ ==============================
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Repayment of Tranche A Term Loan. The principal amount of the Tranche A Term Loan shall be repaid in twenty (20) consecutive quarterly installments as follows: Tranche A Principal Payment Date Amortization Payment ------------ -------------------- March 31, 1996 $750,000 June 30, 1996 $750,000 September 30, 1996 $750,000 December 31, 1996 $750,000 March 31, 1997 $875,000 June 30, 1997 $875,000 September 30, 1997 $875,000 December 31, 1997 $875,000 March 31, 1998 $875,000 June 30, 1998 $875,000 September 30, 1998 $875,000 December 31, 1998 $875,000 March 31, 1999 $1,125,000 June 30, 1999 $1,125,000 September 30, 1999 $1,125,000 December 31, 1999 $1,125,000 March 31, 2000 $1,375,000 June 30, 2000 $1,375,000 September 30, 2000 $1,375,000 December 31, 2000 $1,375,000
Sample 1
Repayment of Tranche A Term Loan. The principal amount of the Tranche A Term Loan shall be repaid in 22 consecutive fiscal quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2, as such amount may be reduced pursuant to Section 2.8: ------------------------ ------------------------ PRINCIPAL AMORTIZATION TERM LOAN PRINCIPAL PAYMENT DATES AMORTIZATION PAYMENT ------------------------ ------------------------ September 29, 2000 $2,156,250 ------------------------ ------------------------ December 29, 2000 $2,156,250 ------------------------ ------------------------ March 30, 2001 $2,156,250 ------------------------ ------------------------ June 29, 2001 $2,156,250 ------------------------ ------------------------ September 28, 2001 $2,156,250 ------------------------ ------------------------ December 31, 2001 $2,156,250 ------------------------ ------------------------ March 29, 2002 $2,156,250 ------------------------ ------------------------ June 28, 2002 $2,156,250 ------------------------ ------------------------ September 30, 2002 $2,875,000 ------------------------ ------------------------ December 31, 2002 $2,875,000 ------------------------ ------------------------ March 31, 2003 $2,875,000 ------------------------ ------------------------ June 30, 2003 $2,875,000 ------------------------ ------------------------ September 30, 2003 $2,875,000 ------------------------ ------------------------ December 31, 2003 $2,875,000 ------------------------ ------------------------ March 31, 2004 $2,875,000 ------------------------ ------------------------ June 30, 2004 $2,875,000 ------------------------ ------------------------ September 30, 2004 $2,875,000 ------------------------ ------------------------ December 31, 2004 $2,875,000 ------------------------ ------------------------
Sample 1
Repayment of Tranche A Term Loan. The principal amount of the -------------------------------- Tranche A Term Loan shall be repaid in consecutive monthly installments as follows, unless accelerated sooner pursuant to Section 9.2.:
Sample 1
Repayment of Tranche A Term Loan. The principal amount of the -------------------------------- Tranche A Term Loan shall be repaid in twenty-four (24) consecutive fiscal quarterly installments, unless accelerated sooner pursuant to Section 7.2, commencing on December 31, 1998 and ending on September 30, 2004 payable as follows: Payment Date Amount ------------ ------ December 31, 1998 $2,875,000 March 31, 1999 $2,875,000 June 30, 1999 $2,875,000 September 30, 1999 $2,875,000 December 31, 1999 $4,312,500 March 31, 2000 $4,312,500 June 30, 2000 $4,312,500 September 30, 2000 $4,312,500 December 31, 2000 $4,312,500 March 31, 2001 $4,312,500 June 30, 2001 $4,312,500 September 30, 2001 $4,312,500 December 31, 2001 $5,750,000 March 31, 2002 $5,750,000 June 30, 2002 $5,750,000 September 30, 2002 $5,750,000 December 31, 2002 $5,750,000 March 31, 2003 $5,750,000 June 30, 2003 $5,750,000 September 30, 2003 $5,750,000 December 31, 2003 $5,750,000 March 31, 2004 $5,750,000 June 30, 2004 $5,750,000 September 30, 2004 $5,750,000
Sample 1

Related to Repayment of Tranche A Term Loan

  • Tranche A Term Loans Subject to the terms and conditions set forth herein, each Tranche A Term Loan Lender agrees to make a Tranche A Term Loan to the Borrower on the Effective Date in a principal amount not exceeding its Tranche A Term Loan Commitment. Amounts repaid in respect of Tranche A Term Loans may not be reborrowed hereunder.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Tranche B Term Loans Each Lender that has a Tranche B Term Loan Commitment severally agrees to lend to Borrower on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. Borrower shall deliver to Administrative Agent a Notice of Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Closing Date, requesting a borrowing of the Tranche B Term Loans. The Notice of Borrowing shall specify (i) the proposed Funding Date (which shall be a Business Day), and (ii) that such Loans shall be Base Rate Loans. The aggregate amount of the Tranche B Term Loan Commitments is $45,000,000; PROVIDED that the Tranche B Term Loan Commitments of Lenders shall be adjusted to (1) give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B and (2) any increase in Tranche B Term Loans pursuant to subsection 2.1A(iv). Each Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on March 31, 2002 if the Tranche B Term Loans have not been made on or before that date. Subject to subsection 2.1A(iv), Borrower may make only one borrowing under the Tranche B Term Loan Commitments. Amounts 35 borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

  • Optional Repayments of Revolving Credit Loans The Borrowers shall have the right, at their election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Revolving Credit Loans that are LIBOR Rate Loans may not be prepaid unless the Borrowers pay any LIBOR Breakage Costs for each LIBOR Rate Loan so prepaid at the time of such prepayment. The Borrower Representative shall give the Administrative Agent, no later than 10:00 a.m., New York City time, at least two (2) Business Days' prior written notice of any prepayment pursuant to this §2.8 of any Revolving Credit Loans that are Base Rate Loans, and at least four (4) LIBOR Business Days' notice of any proposed prepayment pursuant to this §2.8 of Revolving Credit Loans that are LIBOR Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Revolving Credit Loans shall be in an amount of $2,000,000 or integral multiple of $500,000 in excess thereof, or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower Representative, first to the principal of Revolving Credit Loans that are Base Rate Loans and then to the principal of Revolving Credit Loans that are LIBOR Rate Loans, at the Administrative Agent's option.

  • Repayment of Term Loan The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Payment Dates Term Loan Principal Amortization Payment September 30, 2007 $ 559,375 December 31, 2007 $ 559,375 March 31, 2008 $ 559,375 June 30, 2008 $ 559,375 September 30, 2008 $ 1,118,750 December 31, 2008 $ 1,118,750 March 31, 2009 $ 1,118,750 June 30, 2009 $ 1,118,750 September 30, 2009 $ 1,678,175 December 31, 2009 $ 1,678,175 March 31, 2010 $ 1,678,175 June 30, 2010 $ 1,678,175 September 30, 2010 $ 2,237,500 December 31, 2010 $ 2,237,500 March 31, 2011 $ 2,237,500 June 30, 2011 $ 2,237,500 September 30, 2011 $ 2,237,500 December 31, 2011 $ 2,237,500 March 31, 2012 $ 2,237,500 Term Loan Maturity Date The remaining outstanding principal amount of the Term Loan

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Repayment of Loans (a) The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Committed Loans outstanding on such date.

  • Mandatory Repayments of Revolving Credit Loans If at any time the sum of the outstanding principal amount of the Revolving Credit Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations plus the outstanding amount of Swing Line Loans exceeds the lesser of (i) the Total Commitment at such time, and (ii) the Borrowing Base at such time, then, in any case, the Borrower shall immediately pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Swing Line Loans; third, to the Revolving Credit Loans; and fourth, to provide to the Administrative Agent Cash Collateral for Reimbursement Obligations as contemplated by §4.2. Each payment of any Unpaid Reimbursement Obligations or prepayment of Revolving Credit Loans shall be allocated among the applicable Lenders, in proportion, as nearly as practicable, to each Reimbursement Obligation or (as the case may be) the respective unpaid principal amount of each applicable Lender’s Revolving Credit Loan, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.

  • Repayment of Term Loans (a) The Tranche B Term Loan of each Tranche B Term Lender shall mature in 23 consecutive quarterly installments and a final installment on the Tranche B Term Maturity Date, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount September 30, 2003 $ 150,000 December 31, 2003 $ 150,000 March 31, 2004 $ 150,000 June 30, 2004 $ 150,000 September 30, 2004 $ 150,000 December 31, 2004 $ 150,000 March 31, 2005 $ 150,000 June 30, 2005 $ 150,000 September 30, 2005 $ 150,000 December 31, 2005 $ 150,000 March 31, 2006 $ 150,000 June 30, 2006 $ 150,000 September 30, 2006 $ 150,000 December 31, 2006 $ 150,000 March 31, 2007 $ 150,000 June 30, 2007 $ 150,000 September 30, 2007 $ 150,000 December 31, 2007 $ 150,000 March 31, 2008 $ 150,000 June 30, 2008 $ 150,000 September 30, 2008 $ 14,250,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,250,000 Tranche B Term Maturity Date $ 14,250,000

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