Amortization and Repayment of Term Loans. (a) The principal amount of each Class of Term Loans shall mature on such date and shall amortize in such amounts payable at such times as are set forth in the applicable Refinancing Amendment, Incremental Facility Agreement or Loan Modification Agreement. Except as otherwise provided in the applicable Refinancing Amendment, Incremental Facility Amendment or Loan Modification Agreement, any prepayment of a Term Borrowing pursuant to Section 2.11(b), (c) or (d) shall be applied to reduce the subsequent scheduled repayments of such Borrowings in direct order of their maturity.
Amortization and Repayment of Term Loans. (a) The Borrower shall repay to each Lender outstanding principal in respect of its Term Loan (together with accrued and unpaid interest thereon) on 31 March, 30 June, 30 September and 31 December (each a “Repayment Date”), commencing on the last Business Day of the first full calendar quarter ending after the calendar quarter on which the Term Loans are drawn in an amount equal to 1.5% of the amount advanced to the Borrower in respect of the Term Loan made by such Lender in accordance with Section 2.4(a).
Amortization and Repayment of Term Loans. (a) The Borrower shall repay to the Administrative Agent for the ratable account of the Tranche 2 Term Lenders 0.25% of the initial aggregate principal amount of the Tranche 2 Term Loans on the last Business Day of each March, June, September and December, commencing on the first such date to occur on or after the first anniversary of the Second Restatement Effective Date (which installments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in paragraph (d) of this Section).
Amortization and Repayment of Term Loans. (a) [Intentionally omitted].
Amortization and Repayment of Term Loans. (a) To the extent not previously paid, all Tranche 1 Term Loans shall be due and payable on the Xxxxxxx 0 Xxxx Xxxxxxxx Date.
Amortization and Repayment of Term Loans. Quarterly amortization of the Term Loan shall commence on the first Payment Date occurring after the first full quarter that follows the end of the Term Loan Commitment Period, and shall continue on each Payment Date thereafter until the Maturity Date. Each such quarterly amortization payment shall equal 2.50% of the aggregate principal amount of the Term Loan Advance, with the remaining principal balance of the Term Loans due and payable in full on the Maturity Date.
Amortization and Repayment of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Term Borrowings commencing on September 30, 2006, and continuing on the last day of each December, March, June and September occurring thereafter and prior to the Term Maturity Date (each a "Scheduled Payment Date"), in an aggregate principal amount for each such date equal to 0.25% of the aggregate principal amount of the Term Loans outstanding as of the Effective Date. Each payment of Term Loans pursuant to this paragraph shall be accompanied by accrued interest on the principal amount paid to but excluding the date of payment.
Amortization and Repayment of Term Loans. (a) Subject to adjustment pursuant to paragraph (e) of this Section, the Borrower shall repay Tranche 1 Term Borrowings on the last day of each December, March, June and September occurring thereafter and prior to the Txxxxxx 0 Xxxx Xxxxxxxx Date, in an aggregate principal amount for each such date equal to $1,132,904.19.
Amortization and Repayment of Term Loans. Subject to Section 2.03(b)(iv), the Borrower shall repay to the Administrative Agent, for the ratable account of the Lenders, the aggregate principal amount of all Term Loans outstanding in consecutive semi-annual installments, as set forth below (which installments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in the applicable provisions of Section 2.03); provided, however, that the final principal repayment installment of the Term Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term Loans outstanding on such date: Date Term Loan Amortization Payment June 30, 2013 $ 10,000,000 December 31, 2013 $ 10,000,000 June 30, 2014 $ 10,000,000 December 31, 2014 $ 10,000,000 June 30, 2015 $ 10,000,000 December 31, 2015 $ 10,000,000 June 30, 2016 $ 10,000,000 Maturity Date $ 580,000,000
Amortization and Repayment of Term Loans. (a) The Borrower shall repay to the Administrative Agent, for the benefit of the applicable Lenders, all then-outstanding Term Loans of any Tranche of Term Loans made to the Borrower on the Maturity Date for such Tranche of Term Loans.
