Common use of Amortization of Loans Clause in Contracts

Amortization of Loans. (a) The Borrower shall repay Loans on the last Business Day of each December, March, June and September, (i) occurring after the Closing Date (beginning with December 31, 2019) and on or before the second anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 0.625% of the aggregate principal amount of the Loans outstanding on the Closing Date, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)). (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowing. (d) Prior to any repayment of any Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Borrowings on each date set forth below in an aggregate amount equal to the percentage set forth opposite such date multiplied by an amount equal to the sum of all Loans on the last Business Day of each Decembermade hereunder (whether or not previously repaid): DATE PERCENTAGE ---- ---------- June 30, March, June and September, (i) occurring after the Closing Date (beginning with 2004 5% December 31, 2019) and on or before the second anniversary of the Closing Date2004 5% June 30, in an aggregate principal amount for each such date equal to 0.6252005 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date2005 10% June 30, in an aggregate principal amount for each such date equal to 1.252006 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, and (iii) occurring after the third anniversary of the Closing Date2006 15% June 30, in an aggregate principal amount for each such date equal to 1.8752007 15% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).December 31, 2007 15% June 30, 2008 15% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing made pursuant to paragraph (a) of Section 2.03 of the Common Agreement shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 ratably. Any other prepayment of a Borrowing shall be applied to reduce the subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in reverse chronological order; PROVIDED that prepayments of Borrowings as directed a result of any Agency Capital Market Transaction arranged by Nortel shall be applied to reduce the Borrower subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in such manner and (ii) if the Borrower fails to direct the application of paymentsorder so that, in direct order of maturity to immediately after giving effect thereto, the scheduled repayments of the Borrowings to be made pursuant to this Section, together with the scheduled repayments of the principal in respect of the Indebtedness incurred pursuant to such BorrowingAgency Capital Market Transaction that resulted in such prepayment, combined, will be the same as (or at any time not greater than) the remaining scheduled repayments of the Borrowings to be made pursuant to this Section immediately prior to such prepayment. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; PROVIDED (i) that the Borrower shall select Borrowings to be repaid such that each Lender shall receive its pro rata share of such repayment as provided in Section 2.16 and (ii) such selection shall be made in accordance with Section 2.03 of the Common Agreement. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Borrowings on each of the first four Payment Dates in an aggregate amount equal to [ * ] of the sum of all Loans made or deemed made hereunder (including amounts previously repaid or prepaid), on each of the last Business Day second four Payment Dates in an aggregate amount equal to [ * ] of each December, March, June and September, the sum of all Loans made or deemed made hereunder (i) occurring after the Closing Date (beginning with December 31, 2019including amounts previously repaid or prepaid) and on or before the second anniversary each of the Closing Date, remaining Payment Dates in an aggregate principal amount for each such date equal to 0.625% [ * ] of the aggregate principal amount sum of the all Loans outstanding on the Closing Date, made or deemed made hereunder (ii) occurring after the second anniversary of the Closing Date and on including amounts previously repaid or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)prepaid). (b) To the extent not previously paid, all Loans and Other Loans of each Class shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount respect to be paid to but excluding the date Loans of paymentsuch Class. (c) Any prepayment of a Borrowing of any Class shall be applied (ito reduce ratably the subsequent scheduled repayments of the Borrowings of such Class to be made pursuant to this Section; PROVIDED that any prepayment of a Borrowing of any Class that is made pursuant to Section 2.09(a) shall be applied to reduce the subsequent scheduled repayments of the Borrowings of such Borrowing Class to be made pursuant to this Section 2.09 as directed by in reverse chronological order or, at the Borrower and (ii) if election of any Lender with respect to any portion of such prepayment payable to such Lender, to reduce ratably the Borrower fails to direct the application of payments, in direct order of maturity to the subsequent scheduled repayments of the Borrowings of such BorrowingClass to be made pursuant to this Section. (d) Prior to any repayment of any Borrowings under this Sectionof any Class hereunder, the Borrower shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall * INDICATES CONFIDENTIAL TREATMENT REQUESTED notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment; PROVIDED that each repayment of Borrowings of any Class shall be applied to repay any outstanding ABR Borrowings of such Class before any other Borrowings of such Class. If the Borrower fails to make a timely selection of the Borrowing or Borrowings to be repaid, such repayment shall be applied, first, to repay any outstanding ABR Borrowings of the applicable Class and, second, to other Borrowings of the applicable Class in the order of the remaining duration of their respective Interest Periods (the Borrowing with the shortest remaining Interest Period to be repaid first). Each repayment of a Borrowing shall be applied applied, ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (d) of this Section, the Borrower shall repay Loans on the last Business Day of each December, March, June and September, (i) occurring after the Closing Date (beginning with December 31, 2019) and on or before the second anniversary date set forth below an amount of the Closing Date, in an aggregate principal amount for each Tranche A Borrowings equal to the percentage set forth opposite such date equal to 0.625% of the aggregate principal Tranche A Borrowings on the Restatement Effective Date: Date Amortization Percentage 05/31/04 12.5% 08/31/04 12.5% 11/30/04 12.5% 02/28/05 12.5% 05/31/05 12.5% 08/31/05 12.5% 11/30/05 12.5% 02/28/06 12.5% (b) Subject to adjustment pursuant to paragraph (d) of this Section, the Borrower shall repay on each date set forth below an amount of the Loans outstanding on Tranche B Borrowings equal to the Closing Date, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each percentage set forth opposite such date equal to 1.25% of the aggregate principal amount of the Loans outstanding Tranche B Borrowings on the Closing Restatement Effective Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875: Date Amortization Percentage 05/31/04 12.5% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).08/31/04 12.5% 11/30/04 12.5% 02/28/05 12.5% 05/31/05 12.5% 08/31/05 12.5% 11/30/05 12.5% 02/28/06 12.5% (bc) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (cd) Any prepayment of a Borrowing the Borrowings of either Class shall be applied (i) to reduce the subsequent scheduled repayments of the Borrowings of such Borrowing Class to be made pursuant to this Section 2.09 as directed by 2.06 ratably in accordance with the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowingamounts thereof. (de) Prior to any repayment of any Borrowings under this SectionBorrowing hereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Borrowings on each date set forth below in an aggregate amount equal to the percentage set forth opposite such date multiplied by an amount equal to the sum of all Loans on the last Business Day of each Decembermade hereunder (whether or not previously repaid): DATE PERCENTAGE ---- ---------- June 30, March, June and September, (i) occurring after the Closing Date (beginning with 2004 5% December 31, 2019) and on or before the second anniversary of the Closing Date2004 5% June 30, in an aggregate principal amount for each such date equal to 0.6252005 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date2005 10% June 30, in an aggregate principal amount for each such date equal to 1.252006 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, and (iii) occurring after the third anniversary of the Closing Date2006 15% June 30, in an aggregate principal amount for each such date equal to 1.8752007 15% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).December 31, 2007 15% June 30, 2008 15% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing made pursuant to paragraph (a) of Section 2.03 of the Common Agreement shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 ratably. Any other prepayment of a Borrowing shall be applied to reduce the subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in reverse chronological order; PROVIDED that prepayments of Borrowings as directed a result of any Agency Capital Market Transaction arranged by Lucent shall be applied to reduce the Borrower subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in such manner and (ii) if the Borrower fails to direct the application of paymentsorder so that, in direct order of maturity to immediately after giving effect thereto, the scheduled repayments of the Borrowings to be made pursuant to this Section, together with the scheduled repayments of the principal in respect of the Indebtedness incurred pursuant to such BorrowingAgency Capital Market Transaction that resulted in such prepayment, combined, will be the same as (or at any time not greater than) the remaining scheduled repayments of the Borrowings to be made pursuant to this Section immediately prior to such prepayment. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; PROVIDED (i) that the Borrower shall select Borrowings to be repaid such that each Lender shall receive its pro rata share of such repayment as provided in Section 2.16 and (ii) such selection shall be made in accordance with Section 2.03 of the Common Agreement. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Subject to adjustment --------------------- pursuant to paragraph (c) of this Section, the Borrower shall repay Loans Borrowings on the last Business Day of each December, March, June and September, (i) occurring after the Closing Payment Date (beginning with December 31, 2019) and on or before the second anniversary of the Closing Date, set forth below in an aggregate principal amount for each such date equal to 0.625% of the aggregate principal percentage set forth opposite such Payment Date multiplied by an amount of the Loans outstanding on the Closing Date, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25the sum of all Loans made during the Availability Period (whether or not previously repaid): Payment Date Percentage ------------ ---------- Each of first, second, third and fourth 2.50% Each of the aggregate principal amount fifth, sixth, seventh and eighth 3.75% Each of the Loans outstanding on the Closing Dateninth, tenth, eleventh and (iii) occurring after the third anniversary twelfth 5.00% Each of the Closing Datethirteenth, in an aggregate principal amount for each such date equal to 1.875fourteenth, fifteenth and sixteenth 6.25% Each of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).seventeenth, eighteenth, nineteenth and twentieth 7.50% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 as directed by in the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct inverse order of maturity to the scheduled repayments of such Borrowingthereof. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; provided that the Borrower shall select Borrowings to be repaid such that each -------- Lender shall receive its pro rata share of such repayment as provided in Section 2.16. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Borrower shall repay Loans the Term Loan Borrowings on the last Business Day day of each December, March, June, September and December commencing with the last day of June 2020 and September, (i) occurring after ending on the Closing Date (beginning with December 31, 2019) and on or before last such day to occur prior to the second anniversary of the Closing Term Loan Maturity Date, in an aggregate principal amount for each such date equal to 0.625% (i) in the case of the aggregate principal amount of the Loans outstanding on the Closing Datefirst twelve such payments, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Term Loans outstanding made on the Closing Date, Effective Date and (iiiii) occurring after in the third anniversary case of the Closing Dateall other such payments, in an aggregate principal amount for each such date equal to 1.8752.50% of the aggregate principal amount of the Term Loans outstanding made on the Closing Date. The Borrower shall repay Other Loans on Effective Date (in each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (case, as such amount amounts may be adjusted pursuant to paragraph (c) of this Section). Prior to any repayment of any Term Loan Borrowings under this Section, the Borrower shall notify the Administrative Agent of the Term Loan Borrowing or Term Loan Borrowings to which such repayment shall be applied. Each repayment of a Term Loan Borrowing pursuant to this Section 2.09(c))shall be applied ratably to the Term Loans included in the repaid Borrowing. (ba) To the extent not previously paid, all Loans and Other Loans Term Loan Borrowings shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (cb) Any voluntary prepayment of a Term Loan Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed the Term Loan Borrowings in a manner determined at the discretion of the Borrower and notified by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of Administrative Agent prior to such Borrowingprepayment. (dc) Prior to any repayment The amortization, final maturity and other payment terms of any Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing Incremental Term Loans shall be applied ratably to the Loans included set forth in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayapplicable Incremental Term Assumption Agreement.

Amortization of Loans. (a) The Borrower Subject to adjustments pursuant to Section 2.09(d), the Borrowers shall repay Loans to the Administrative Agent for the ratable account of the Lenders on the last Business Day of each December, March, June June, September and September, December of each year (i) occurring commencing on the applicable day of the first full fiscal quarter of the Company after the Closing Date (beginning with December 31, 2019Date) and the Maturity Date or, if such date is not a Business Day, on or before the second anniversary of the Closing Dateimmediately preceding Business Day, in an aggregate principal amount for each of such date Term B-1 Loans equal to 0.625(A) in the case of quarterly payments due prior to the Maturity Date, an amount equal to 0.25% of the aggregate principal amount of the Term B-1 Loans outstanding incurred on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.09) and (B) in the case of such payment due on the Maturity Date, an amount equal to the then unpaid principal amount of such Term B-1 Loans outstanding. If the initial aggregate amount of the Lenders’ Term B Commitments exceeds the aggregate principal amount of Term B Loans that are made on the Closing Date, (ii) occurring after then the second anniversary scheduled repayments of Term B Loans to be made pursuant to this Section shall be reduced ratably, based on the Closing Date and on or before the third anniversary amount of the Closing Datesuch scheduled repayments, in by an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c))excess. (b) The Term B-2 Loans shall not be subject to any amortization repayment prior to the Maturity Date but shall be due and payable in full on the Maturity Date. (c) The Borrowers shall repay Incremental Term Loans or Extended Term Loans of any Class as provided in the applicable Incremental Amendment or Extension Amendment, as applicable. To the extent not previously paid, all Incremental Term Loans and Other Extended Term Loans shall be due and payable on the Maturity Date and maturity date set forth in the applicable Incremental Loan Maturity DateAmendment or Extension Amendment, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowingapplicable. (d) Prior to any repayment of any Borrowings Term B Loans of any Class under this Section, the Borrower Borrowers shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by hand delivery or email) of such selection not later than 11:00 a.m.1:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid BorrowingClass of Term B Loans. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section 2.05 and except for Advance Amortization Payments, the Borrower shall repay the Borrowings on each date set forth below in the amount set forth opposite such date; provided, that, to the extent the Borrower makes a Discounted Voluntary Prepayment, the repayments due to any Lender participating in such Discounted Voluntary Prepayment shall be reduced ratably by the principal amount of Loans on so prepaid (it being understood and agreed that such Discounted Voluntary Prepayment shall not in any manner affect the last Business Day of each Decemberscheduled repayments due to the Lenders not participating in such Discounted Voluntary Prepayment): Date Principal Amount to be Repaid March 31, March2013 $10,000,000 June 30, June and September201321 $10,000,000 September 30, (i) occurring after the Closing Date (beginning with 2013 $10,000,000 December 31, 2019) and on or before the second anniversary of the Closing Date2013 $10,000,000 March 31, in an aggregate principal amount for each such date equal to 0.625% of the aggregate principal amount of the Loans outstanding on the Closing Date2014 $10,000,000 June 30, (ii) occurring after the second anniversary of the Closing 2014 $10,000,000 September 30, 2014 $10,000,000 December 31, 2014 $10,000,000 March 31, 2015 $7,500,000 June 30, 2015 $7,500,000 September 30, 2015 $7,500,000 December 31, 2015 $7,500,000 March 31, 2016 $6,250,000 June 30, 2016 $6,250,000 September 30, 2016 $6,250,000 Maturity Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).Remaining Outstanding Amounts (b) To the extent not previously paid, paid all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any mandatory prepayment of a Borrowing or optional prepayment that is not a Discounted Voluntary Prepayment shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 as directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowingratably. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans 21 The scheduled repayments immediately following the Closing Date will be reduced (in direct order) by an amount equal to the difference between the scheduled repayment due on March 31, 2013 (so long as such payment has been made) under the Existing Credit Agreement and the scheduled repayment due on March 31, 2013 described above. included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Loans Borrowings on the last Business Day of each December, March, June and September, (i) occurring after the Closing Payment Date (beginning with December 31, 2019) and on or before the second anniversary of the Closing Date, set forth below in an aggregate principal amount for each such date equal to 0.625% of the aggregate principal percentage set forth opposite such Payment Date multiplied by an amount of the Loans outstanding on the Closing Date, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to the sum of all Loans made during the Availability Period (whether or not previously repaid): Payment Date Percentage ------------ ---------- Each of first, second, third and fourth 1.25% Each of the aggregate principal amount fifth, sixth, seventh and eighth 3.75% Each of the Loans outstanding on the Closing Dateninth, tenth, eleventh and (iii) occurring after the third anniversary twelfth 5.00% Each of the Closing Datethirteenth, in an aggregate principal amount for each such date equal to 1.875fourteenth, fifteenth and sixteenth 6.25% Each of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).seventeenth, eighteenth, nineteenth and twentieth 8.75% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 as directed by in the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct inverse order of maturity to the scheduled repayments of such Borrowingthereof. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; provided that the Borrower shall select Borrowings to be repaid such that each Lender shall receive its pro rata share of such repayment as provided in Section 2.16. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Borrower Subject to adjustments pursuant to Section 2.09(d), the Borrowers shall repay Loans to the Administrative Agent for the ratable account of the Lenders on the last Business Day of each December, March, June June, September and September, December of each year (i) occurring commencing on the applicable day of the first full fiscal quarter of the Company after the Closing Date (beginning with December 31, 2019Date) and the Maturity Date or, if such date is not a Business Day, on or before the second anniversary of the Closing Dateimmediately preceding Business Day, in an aggregate principal amount for each of such date Term B Loans equal to 0.625(A) in the case of quarterly payments due prior to the Maturity Date, an amount equal to 0.25% of 69 the aggregate principal amount of the Term B Loans outstanding incurred on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.09) and (B) in the case of such payment due on the Maturity Date, (ii) occurring after an amount equal to the second anniversary then unpaid principal amount of such Term B Loans outstanding. If the initial aggregate amount of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of Lenders’ Term B Commitments exceeds the aggregate principal amount of the Term B Loans outstanding that are made on the Closing DateDate (or, in the case of 2023 Term Commitments, the First Refinancing Amendment Effective Date and (iii) occurring after in the third anniversary case of the Closing 2024 Term Commitments, the Second Refinancing Amendment Effective Date), in then the scheduled repayments of Term B Loans to be made pursuant to this Section shall be reduced ratably, based on the amount of such scheduled repayments, by an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c))excess. (b) The Borrowers shall repay Incremental Term Loans or Extended Term Loans of any Class as provided in the applicable Incremental Amendment or Extension Amendment, as applicable. To the extent not previously paid, all Incremental Term Loans and Other Extended Term Loans shall be due and payable on the Maturity Date and maturity date set forth in the applicable Incremental Loan Maturity DateAmendment or Extension Amendment, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of paymentas applicable. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowing. (d) Prior to any repayment of any Borrowings Term B Loans of any Class under this Section, the Borrower Borrowers shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by hand delivery or email) of such selection not later than 11:00 a.m.1:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid BorrowingClass of Term B Loans. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Borrower Subject to adjustments pursuant to Section 2.09(d), the Borrowers shall repay Loans to the Administrative Agent for the ratable account of the Lenders on the last Business Day of each December, March, June June, September and September, December of each year (i) occurring commencing on the applicable day of the first full fiscal quarter of the Company after the Closing Date (beginning with December 31, 2019Date) and the Maturity Date or, if such date is not a Business Day, on or before the second anniversary of the Closing Dateimmediately preceding Business Day, in an aggregate principal amount for each of such date Term B Loans equal to 0.625(A) in the case of quarterly payments due prior to the Maturity Date, an amount equal to 0.25% of the aggregate principal amount of the Term B Loans outstanding incurred on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.09) and (B) in the case of such payment due on the Maturity Date, an amount equal to the then unpaid principal amount of such Term B Loans outstanding. If the initial aggregate amount of the Lenders’ Term B Commitments exceeds the aggregate principal amount of Term B Loans that are made on the Closing Date, (ii) occurring after then the second anniversary scheduled repayments of Term B Loans to be made pursuant to this Section shall be reduced ratably, based on the Closing Date and on or before the third anniversary amount of the Closing Datesuch scheduled repayments, in by an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c))excess. (b) The Borrowers shall repay Incremental Term Loans or Extended Term Loans of any Class as provided in the applicable Incremental Amendment or Extension Amendment, as applicable. To the extent not previously paid, all Incremental Term Loans and Other Extended Term Loans shall be due and payable on the Maturity Date and maturity date set forth in the applicable Incremental Loan Maturity DateAmendment or Extension Amendment, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of paymentas applicable. (c) Any prepayment of a Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such Borrowing. (d) Prior to any repayment of any Borrowings Term B Loans of any Class under this Section, the Borrower Borrowers shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by hand delivery or email) of such selection not later than 11:00 a.m.1:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid BorrowingClass of Term B Loans. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Borrowings on each date set forth below in an aggregate amount equal to the percentage set forth opposite such date multiplied by an amount equal to the sum of all Loans on the last Business Day of each Decembermade hereunder (whether or not previously repaid): Date Percentage ---- ---------- June 30, March, June and September, (i) occurring after the Closing Date (beginning with 2004 5% December 31, 2019) and on or before the second anniversary of the Closing Date2004 5% June 30, in an aggregate principal amount for each such date equal to 0.6252005 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date2005 10% June 30, in an aggregate principal amount for each such date equal to 1.252006 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, and (iii) occurring after the third anniversary of the Closing Date2006 15% June 30, in an aggregate principal amount for each such date equal to 1.8752007 15% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).December 31, 2007 15% June 30, 2008 15% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing made pursuant to paragraph (a) of Section 2.03 of the Common Agreement shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 ratably. Any other prepayment of a Borrowing shall be applied to reduce the subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in reverse chronological order; provided that prepayments of Borrowings as directed a result of any Agency Capital Market Transaction arranged by Cisco shall be applied to reduce the Borrower subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in such manner and (ii) if the Borrower fails to direct the application of paymentsorder so that, in direct order of maturity to immediately after giving effect thereto, the scheduled repayments of the Borrowings to be made pursuant to this Section, together with the scheduled repayments of the principal in respect of the Indebtedness incurred pursuant to such BorrowingAgency Capital Market Transaction that resulted in such prepayment, combined, will be the same as (or at any time not greater than) the remaining scheduled repayments of the Borrowings to be made pursuant to this Section immediately prior to such prepayment. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; provided (i) that the Borrower shall select Borrowings to be repaid such that each Lender shall receive its pro rata share of such repayment as provided in Section 2.16 and (ii) such selection shall be made in accordance with Section 2.03 of the Common Agreement. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Borrower shall repay Loans the Term Loan Borrowings on the last Business Day day of each December, March, June June, September and September, (i) occurring after December commencing with the Closing Date (beginning with December 31, 2019) last day of March 2025 and ending on or before the second anniversary of last such day to occur prior to the Closing Term Loan Maturity Date, in an aggregate principal amount for each such date equal to 0.6252.50% of the aggregate principal amount of the Term Loans outstanding made on the Closing DateEffective Date (in each case, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount amounts may be adjusted pursuant to paragraph (c) of this Section). Prior to any repayment of any Term Loan Borrowings under this Section, the Borrower shall notify the Administrative Agent of the Term Loan Borrowing or Term Loan Borrowings to which such repayment shall be applied. Each repayment of a Term Loan Borrowing pursuant to this Section 2.09(c))shall be applied ratably to the Term Loans included in the repaid Borrowing. (b) To the extent not previously paid, all Loans and Other Loans Term Loan Borrowings shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any voluntary prepayment of a Term Loan Borrowing shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing to be made pursuant to this Section 2.09 as directed the Term Loan Borrowings in a manner determined at the discretion of the Borrower and notified by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of Administrative Agent prior to such Borrowingprepayment. (d) Prior to any repayment The amortization, final maturity and other payment terms of any Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing of such selection not later than 11:00 a.m., New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing Incremental Term Loans shall be applied ratably to the Loans included set forth in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayapplicable Incremental Term Assumption Agreement.

Amortization of Loans. (a) The Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Borrowings on each date set forth below in an aggregate amount equal to the percentage set forth opposite such date multiplied by an amount equal to the sum of all Loans on the last Business Day of each Decembermade hereunder (whether or not previously repaid): DATE PERCENTAGE ---- ---------- June 30, March, June and September, (i) occurring after the Closing Date (beginning with 2004 5% December 31, 2019) and on or before the second anniversary of the Closing Date2004 5% June 30, in an aggregate principal amount for each such date equal to 0.6252005 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing Date2005 10% June 30, in an aggregate principal amount for each such date equal to 1.252006 10% of the aggregate principal amount of the Loans outstanding on the Closing DateDecember 31, and (iii) occurring after the third anniversary of the Closing Date2006 15% June 30, in an aggregate principal amount for each such date equal to 1.8752007 15% of the aggregate principal amount of the Loans outstanding on the Closing Date. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)).December 31, 2007 15% June 30, 2008 15% (b) To the extent not previously paid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (c) Any prepayment of a Borrowing made pursuant to paragraph (a) of Section 2.03 of the Common Agreement shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 ratably. Any other prepayment of a Borrowing shall be applied to reduce the subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in reverse chronological order; PROVIDED that prepayments of Borrowings as directed a result of any Agency Capital Market Transaction arranged by Cisco shall be applied to reduce the Borrower subsequent scheduled repayments of the Borrowings to be made pursuant to this Section in such manner and (ii) if the Borrower fails to direct the application of paymentsorder so that, in direct order of maturity to immediately after giving effect thereto, the scheduled repayments of the Borrowings to be made pursuant to this Section, together with the scheduled repayments of the principal in respect of the Indebtedness incurred pursuant to such BorrowingAgency Capital Market Transaction that resulted in such prepayment, combined, will be the same as (or at any time not greater than) the remaining scheduled repayments of the Borrowings to be made pursuant to this Section immediately prior to such prepayment. (d) Prior to any repayment of any Borrowings under this Sectionhereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.2:00 p.m., New York City time, three (3) Business Days before the scheduled date of such repayment; PROVIDED (i) that the Borrower shall select Borrowings to be repaid such that each Lender shall receive its pro rata share of such repayment as provided in Section 2.16 and (ii) such selection shall be made in accordance with Section 2.03 of the Common Agreement. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by the payment of accrued interest on the amounts repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Dayamount thereof.

Amortization of Loans. (a) The Subject to adjustment for prepayments as set forth in paragraph (b) of this Section, the Borrower shall repay to the Administrative Agent, for the ratable account of the Lenders, the Loans commencing on December 31, 2007, such repayment to be made on the last Business Day day of each December, March, June and September, (i) September occurring after thereafter and prior to the Closing Maturity Date (beginning with December 31, 2019) and on or before the second anniversary of the Closing Date, to be in an aggregate principal amount for each such date equal to 0.625(i) on or prior to December 31, 2011, 0.25% of the aggregate principal amount of the Loans outstanding on the Closing Date, Effective Date and (ii) occurring after the second anniversary of the Closing Date and on or before the third anniversary of the Closing DateDecember 31, in an aggregate principal amount for each such date equal to 1.252011, 25% of the aggregate principal amount of the Loans outstanding on the Closing DateJanuary 1, and (iii) occurring after the third anniversary of the Closing Date, in an aggregate principal amount for each such date equal to 1.875% of the aggregate principal amount of the Loans outstanding on the Closing Date2012. The Borrower shall repay Other Loans on each Incremental Loan Repayment Date in an aggregate principal amount set forth for such date in the applicable Incremental Loan Assumption Agreement (as such amount may be adjusted pursuant to Section 2.09(c)). (b) To the extent not previously paidrepaid, all Loans and Other Loans shall be due and payable on the Maturity Date and the Incremental Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (cb) Any prepayment of a Borrowing pursuant to Section 2.07 shall be applied (i) to reduce the subsequent scheduled repayments of such Borrowing the Borrowings to be made pursuant to this Section 2.09 as in the manner directed by the Borrower and (ii) if the Borrower fails to direct the application of payments, in direct order of maturity to the scheduled repayments of such BorrowingBorrower. (dc) Prior to any repayment of any Borrowings under this Section, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent in writing by telephone (confirmed by facsimile) of such selection election not later than 11:00 a.m.12:00 noon, New York City time, three (3) Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Borrowings shall be accompanied by accrued interest on the amounts amount repaid. If any repayment of the Loans is scheduled to occur on a day that is not a Business Day, such repayment shall be made on the immediately preceding Business Day.