Amortization and Maturity. The principal of the Term Loan made on the Revolving Credit Maturity Date shall be due and payable in eight (8) equal quarterly installments each in an amount equal to one-eighth (1/8) of the original amount of the Term Loan, commencing on the last Business Day of the fiscal quarter next following the Revolving Credit Maturity Date and continuing on the last Business Day of each fiscal quarter thereafter, with the final installment of the then unpaid principal amount of the Term Loan due and payable on the day which is the second anniversary of the Revolving Credit Maturity Date.
Amortization and Maturity. The principal of each Term Loan shall be due and payable in full, together with all unpaid accrued interest thereon, on the 366th day after the date of conversion to such Term Loan. All payments shall be applied first to the payment of interest due and payable on the respective Term Loan and then to the reduction of the outstanding principal balance thereof.
Amortization and Maturity. The Term Loan shall be paid as follows: The unpaid balances of the principal sums of the Term Notes shall be due and payable as follows: Combined Payment Date Payment Amount ------------ -------------- April 30, 2001 $500,000.00 May 31, 2001 $500,000.00 June 30, 2001 $500,000.00 July 31, 2001 $500,000.00 August 31, 2001 $500,000.00 September 30, 2001 $500,000.00 October 31, 2001 $625,000.00 November 30, 2001 $625,000.00 December 31, 2001 $625,000.00 January 31, 2002 $625,000.00 February 28, 2002 $625,000.00 April 1, 2002 $6,833,000.00 The unpaid principal balance of the Term Loan, together with all accrued and unpaid interest and all fees, charges and other outstanding obligations arising in connection with the Term Loan, shall be due and payable in full at maturity, which shall occur on the earlier of acceleration or the Termination Date.
Amortization and Maturity. The principal of the Tranche 2 Loans made on the Tranche 2 Conversion Date shall be due and payable in eight equal quarterly installments, commencing on the Regular Payment Date next following the third anniversary of the Tranche 2 Conversion Date and continuing on each Regular Payment Date thereafter, with the final installment of the then unpaid principal amount of the Tranche 2 Loans due and payable on the fifth anniversary of the Tranche 2 Conversion Date.
Amortization and Maturity. The principal of the Tranche 3 Loans shall be due and payable in eight equal quarterly installments, commencing on September 30, 2002 and continuing on December 31, 2002, March 31, 2003, June 30, 2003, September 30, 2003, December 31, 2003 and March 31, 2004, with the final installment of the then unpaid principal amount of the Tranche 3 Loans due and payable on June 30, 2004.
Amortization and Maturity. Principal and interest shall be due and payable under the Loan as follows:
(a) Commencing on the first day of February, 1998 and continuing on the same day of each and every month thereafter to maturity (as the same may be further extended in accordance with the terms of Paragraph 7 below), (i) principal shall continue to be due and payable under the Office Project Note in equal monthly installments of $33,053, together with accrued and unpaid interest on the outstanding principal balance of the Office Project Note, and (ii) principal shall continue to be due and payable under the Bank Facility Note in equal monthly installments of $2,200, together with accrued and unpaid interest on the outstanding principal balance of the Bank Facility Note; and
(b) Unless the maturity of the Loan shall be further extended or unless sooner paid, the Loan shall mature and the entire principal balance of the Notes, together with all accrued and unpaid interest thereon, shall be due and payable on January 15, 1999.
Amortization and Maturity. The Tranche A Term Loans shall be repayable in consecutive equal quarterly installments on the last business day of each fiscal quarter, commencing with the fiscal quarter ending March 31, 2010, in an aggregate annual amount of $10 million, with the final installment in the amount of the then remaining aggregate principal amount of the Tranche A Term Loans payable on the fourth anniversary of the Closing Date.
Amortization and Maturity. The Term Loan shall be paid as follows: The unpaid balance of the principal sum of each Term Note shall be due and payable in 20 quarterly installments, beginning on December 31, 1998, and continuing on the last day of each quarter thereafter. The amount of each such quarterly installment due for each year during the term of this Agreement shall be determined in accordance with the following chart: YEAR PERCENT OF ORIGINAL PRINCIPAL DUE
Amortization and Maturity. The principal amount of the Note shall be repaid in a single installment on the Maturity Date.
Amortization and Maturity. The Term Loan shall be paid as follows: Prior to the Termination Date the unpaid balances of the principal sum of the Term Loan shall be due and payable as set forth in Section 1.6. The unpaid principal balance of the Term Loan, together with all accrued and unpaid interest and all fees, charges and other outstanding obligations arising in connection with the Term Loan, shall be due and payable in full at maturity, which shall occur on the earlier of acceleration or the Termination Date.
