Scheduled Principal Payments. The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.
Scheduled Principal Payments. On each Weekly Allocation Date prior to the occurrence of a Rapid Amortization Event as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 2015-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.
Scheduled Principal Payments. Each Revolving Senior Advance, each Revolving Mezz Advance and all other Obligations shall be due and payable on the Maturity Date or on any earlier acceleration thereof. Notwithstanding the preceding sentence, so long as there is no continuing and uncured Event of Default existing on and as of the Maturity Date, Borrower may repay its outstanding Revolving Advances through but no later than the Runoff Date but otherwise in accordance with the other provisions of this Section 2.4.
Scheduled Principal Payments. (a) This Note shall not be subject to any required principal payment prior to the Maturity Date, other than as expressly set forth in Article VII.
Scheduled Principal Payments. Series 2013-1 Scheduled Principal Payments will be due and payable on each Quarterly Payment Date, as and when amounts are made available for payment thereof (i) on any related Monthly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, in the amount so available, and failure to pay any Series 2013-1 Scheduled Principal Payment in excess of such amounts will not be an Event of Default.
Scheduled Principal Payments. The principal amount of Revolving Loans shall be due and payable in full on the Maturity Date.
Scheduled Principal Payments. The principal amount of the Advances, together with all interest and fees due thereon, and all other outstanding Obligations shall be paid in full in cash on the Maturity Date.
Scheduled Principal Payments. 4849 Section 2.7 Interest on Loans. 4950 Section 2.8 Conversion/Continuation. 5152 Section 2.9 Default Rate of Interest. 5253 Section 2.10
Scheduled Principal Payments. Beginning on June 28, 1999, ---------------------------- and on each Quarterly Payment Date thereafter, Borrower will, in addition to paying any interest then due on the Loans, make a principal payment in accordance with the following schedule: Quarterly Amount Payment Date of Payment --------------- ---------- June 28, 1999 $4,000,000 Sept 28, 1999 $4,000,000 Dec 29, 1999 $4,000,000 Mar 29, 2000 $3,000,000 June 28, 2000 $3,000,000 Sept 28, 2000 $3,000,000 Dec 29, 2000 $3,000,000 Mar 28, 2001 $2,500,000 June 28, 2001 $2,500,000 Sept 28, 2001 $2,500,000 Dec 29, 2001 $2,500,000 Mar 29, 2002 $2,250,000 June 28, 2002 $2,250,000 Sept 28, 2002 $2,250,000 Dec 29, 2002 $2,250,000 Mar 29, 2003 $2,000,000 The principal installments required by this Section 2.8 are in addition to all other principal payments required by the terms of this Agreement.
Scheduled Principal Payments all regularly scheduled amortization payments of principal of Indebtedness (including scheduled payments of the Term Loans and the Delayed Draw Term Loans but excluding (i) any final or “balloon” payments thereof $ required to be made at maturity and any re-margin payments, (ii) scheduled repayments of the Revolving Loans and other Indebtedness subject to reborrowing to the extent not accompanied by a concurrent and permanent reduction of the Revolving Loan Commitment Amount or equivalent loan commitment, as the case may be, and (iii) for the avoidance of doubt, any payments made pursuant to a mandatory prepayment, mandatory.
