Amortization and Maturity Sample Clauses

Amortization and Maturity. The principal of the Term Loan made on the Revolving Credit Maturity Date shall be due and payable in four (4) equal quarterly installments each in an amount equal to one-fourth (1/4) 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 first anniversary of the Revolving Credit Maturity Date."
AutoNDA by SimpleDocs
Amortization and Maturity. The principal of the 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 the Term Loan. All payments shall be applied first to the payment of interest due and payable on the Term Loan and then to the reduction of the outstanding principal balance thereof.
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 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. Principal and interest shall be due and payable under the Loan as follows:
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.
AutoNDA by SimpleDocs
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.
Amortization and Maturity. The Second Term Loan shall be paid as follows: Prior to the Termination Date the unpaid balances of the principal sums of the Term Notes shall be due and payable as set forth in Section 1.6. The unpaid principal balance of the Second Term Loan, together with all accrued and unpaid interest and all fees, charges and other outstanding obligations arising in connection with the Second Term Loan, shall be due and payable in full at maturity, which shall occur on the earlier of acceleration or the Termination Date. Administrative Agent as Joint Creditor. For the sole and limited purpose of complying with the laws of The Netherlands applicable to creditors and security interests created in favor of creditors, the Company, each of the Banks and the Administrative Agent agree that the Administrative Agent shall be a joint creditor (together with each such Bank) with respect to each and every Obligation (as hereinafter defined) of the Company to each such Bank arising under or in connection with this Agreement, and that, to the extent that a Bank has the right hereunder to demand performance by the Company of such Obligations, the Administrative Agent shall also have the independent right to demand performance by the Company of such Obligations, but only if such Bank first consents thereto in writing. Nothing set forth in this Section 1.5 shall impose any additional obligations or duties on the Administrative Agent or any Bank, or shall cause the alteration or modification of any term defined in this Agreement (i.e. "Commitment Percentage," "Loan Commitment," "Required Banks," etc.).
Time is Money Join Law Insider Premium to draft better contracts faster.