Amortization of Term Borrowings Sample Clauses

Amortization of Term Borrowings. (a) Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex I, or if any such date is not a Business Day, on the next preceding Business Day (each such date being a “Term Loan Repayment Date”), a principal amount of the Term Loans (as adjusted from time to time pursuant to Sections 2.09(b) and 2.10) equal to the amount set forth on Annex I for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
AutoNDA by SimpleDocs
Amortization of Term Borrowings. Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth on Annex II, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Term Loans equal to the amount set forth on Annex II for such date (as adjusted from time to time pursuant to Section 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.
Amortization of Term Borrowings f) Borrower shall pay to the Administrative Agent, for the account of the Term Loan Lenders, on each March 31, June 30, September 30 and December 31, beginning with September 30, 2014, or if any such date is not a Business Day, on the immediately following Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Term Loans equal to 1.25% of the initial aggregate principal amount of such Term Loans (as adjusted from time to time pursuant to Section 2.10 and in connection with any Incremental Term Loans made pursuant to Section 2.19), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
Amortization of Term Borrowings. Borrower shall pay to the Administrative Agent, for the account of the Term Loan Lenders, on the dates set forth on Annex II, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a "TERM LOAN REPAYMENT DATE"), a principal amount of the Term Loans equal to the amount set forth on Annex II for such date (as adjusted from time to time pursuant to Section 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.
Amortization of Term Borrowings. (a) Borrower shall pay to the Administrative Agent, for the account of the Term Lenders, on the dates set forth on Annex I, or if any such date is not a Business Day, on the next preceding Business Day (each such date being a “Term Loan Repayment Date”), a principal amount of the Term Loans (as adjusted from time to time pursuant to Sections 2.09(b) and 2.10) equal to the amount set forth on Annex I for such date (less all mandatory and optional prepayments made thereon), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
Amortization of Term Borrowings. (a) U.S. Borrower shall pay to the Administrative Agent, for the account of the U.S. Term Loan Lenders, on the dates set forth on Annex II, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the U.S. Term Loans equal to the amount set forth on Annex II for such date (as adjusted from time to time pursuant to Section 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
Amortization of Term Borrowings. (a) Borrower shall pay to the Administrative Agent, for the account of the Term Loan Lenders, on each March 31, June 30, September 30 and December 31, beginning with December 31, 2011 or if any such date is not a Business Day, on the immediately following Business Day (each such date, a “Term Loan Repayment Date”), a principal amount of the Term Loans equal to 2.50% of the initial aggregate principal amount of such Term Loans (as adjusted from time to time pursuant to Section 2.10), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
AutoNDA by SimpleDocs
Amortization of Term Borrowings. (a) U.S. Borrower shall pay to the Administrative Agent, for the account of the U.S. Lenders, on the dates set forth on ANNEX II, or if any such date is not a Business Day, on the immediately preceding Business Day (each such date, a "TERM LOAN REPAYMENT DATE"), a principal amount of the U.S. Term Loans equal to the amount set forth on ANNEX II for such date (as adjusted from time to time pursuant to SECTION 2.10(h)), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
Amortization of Term Borrowings. The Term Loan of each Term Loan Lender shall be repaid in consecutive quarterly installments on each Amortization Date, each of which installments shall be in an amount equal to such Term Loan Lender’s Term Percentage multiplied by the amount (as the same may be reduced on account of prepayments pursuant to Section 2.10(f)) set forth below opposite the date set forth below that is nearest to such Amortization Date, with all outstanding Term Loans being repaid in full on the Term Loan Maturity Date. 41 SC1:3775857.9 LEGAL_US_E # 113365636.9 Installment Principal Amount March 31, 2015 $1,875,000 June 30, 2015 $1,875,000 September 30, 2015 $1,875,000 December 31, 2015 $1,875,000 March 31, 2016 $1,875,000 June 30, 2016 $1,875,000 September 30, 2016 $1,875,000 December 30, 2016 $1,875,000 March 31, 2017 $3,750,000 June 30, 2017 $3,750,000 September 29, 2017 $3,750,000 December 29, 2017 $3,750,000 March 30, 2018 $5,625,000 June 29, 2018 $5,625,000 September 28, 2018 $5,625,000 December 31, 2018 $5,625,000 March 29, 2019 $5,625,000 June 28, 2019 $5,625,000 September 30, 2019 $5,625,000 December 31, 2019 $5,625,000 Term Loan Maturity Date Balance of Term Loans Outstanding
Amortization of Term Borrowings. (a) The Company shall repay the principal of the Term Borrowings on the last day of each calendar quarter, commencing December 31, 2014 (or, if the last day of any such quarter shall not be a Business Day, then on the next succeeding Business Day), in an amount for each such payment equal to 1.25% of the aggregate principal amount of the Term Loans made on the Effective Date. To the extent not previously paid, all Term Loans shall be due and payable on the Term Maturity Date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!