Common use of Amortization of Term Borrowings Clause in Contracts

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. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Communications & Power Industries Inc)

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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 immediately preceding Business Day (each such date being date, 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 datedate (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. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (PGT, Inc.)

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 IANNEX II, or if any such date is not a Business Day, on the next immediately preceding Business Day (each such date being date, a "TERM LOAN REPAYMENT DATE"), a principal amount of the Term Tranche B Loans equal to the amount set forth on ANNEX II for such date (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 dateSECTION 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. (b) To the extent not previously paid, all Term Tranche B Loans shall be due and payable on the Term Loan Tranche B Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (GSE Lining Technology, Inc.)

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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 III, or if any such date is not a Business Day, on the next immediately preceding Business Day (each such date being 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 Sections 2.09(b) and 2.10) equal to the amount set forth on Annex I for such dateSection 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. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (International Coal Group, Inc.)

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