Amortization of Term Loans Sample Clauses

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrowers shall repay Term Loan Borrowings on the last Friday of each February, May, August and November in an amount equal to $3,875,000, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Maturity Date. (c) Any prepayment of a Term Loan Borrowing of any Class made after the Restatement Effective Date (i) pursuant to Section 2.1l(a)(i) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section as directed by the Borrowers (and absent such direction in direct order of maturity) and (ii) pursuant to Section 2.11(c), 2.11(d) or 2.11 (h) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section, or, except as otherwise provided in any Refinancing Amendment, pursuant to the corresponding section of such Refinancing Amendment, in reverse order of maturity. (d) Prior to any repayment of any Term Loan Borrowings of any Class hereunder, the Borrower shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrative Agent in writing by hand delivery or facsimile or other electronic transmission of such election not later than 2:00 p.m., New York City time, two Business Day before the scheduled date of such repayment. In the absence of a designation by the Borrowers as described in the preceding sentence, the Administrative Agent shall make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.16. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Term Loan Borrowings shall be accompanied by accrued interest on the amount repaid.

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Tranche A Term Borrowings on each date set forth below, beginning with the date that is the last day of the first full fiscal quarter of Holdings after the Funding Date (it being understood that the Borrower shall not be required to make payments under this Section 2.10 on any date that is prior to the Funding Date) in the aggregate principal amount set forth opposite such date: Date Amount December 31, 2014 $ 2,625,000 March 31, 2015 $ 2,625,000 June 30, 2015 $ 2,625,000 September 30, 2015 $ 2,625,000 December 31, 2015 $ 3,500,000 March 31, 2016 $ 3,500,000 June 30, 2016 $ 3,500,000 September 30, 2016 $ 3,500,000 December 31, 2016 $ 3,500,000 March 31, 2017 $ 3,500,000 June 30, 2017 $ 3,500,000 September 30, 2017 $ 3,500,000 December 31, 2017 $ 5,250,000 March 31, 2018 $ 5,250,000 June 30, 2018 $ 5,250,000 September 30, 2018 $ 5,250,000 December 31, 2018 $ 20,125,000 March 31, 2019 $ 20,125,000 June 30, 2019 $ 20,125,000 Tranche A Maturity Date $ 20,125,000 Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Incremental Term Loans of any Class as provided in the applicable Incremental Facility Amendment. (b) To the extent not previously paid, (i) all Tranche A Term Loans shall be due and payable on the Tranche A Term Maturity Date and (ii) all Incremental Term Loans of any Class shall be due and payable on the maturity date set forth in the applicable Incremental Facility Amendment. (c) Any prepayment of a Term Borrowing of any Class shall be applied to reduce the subsequent scheduled repayments of the Term Borrowings of such Class to be made pursuant to this Section as directed in writing by the Borrower (or, if the Borrower fails to so direct the application of any such prepayment, such prepayment shall be applied to reduce the subsequent scheduled repayments of the Term Borrowings of the applicable Class to be made pursuant to this Section in direct order of maturity); provided that (A) any prepayment of any Class of Incremental Term Borrowings shall be applied to subsequent scheduled repayments as provided in the applicable Incremental Facility Amendment, (B) any prepayment of Term Borrowings of any Class contemplated by Section 2.23 shall be applied to subsequent scheduled repayments as provided in such Section and (C) if any Lender elects to decline a mandatory prepayment of a Term Borrowing in accordance with Section 2...

Amortization of Term Loans. (i) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Tranche A Term Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date: September 30, 2016 $ 11,125,000 December 31, 2016 $ 11,125,000 March 31, 2017 $ 11,125,000 June 30, 2017 $ 11,125,000 September 30, 2017 $ 11,125,000 December 31, 2017 $ 11,125,000 March 31, 2018 $ 11,125,000 June 30, 2018 $ 11,125,000 September 30, 2018 $ 11,125,000 December 31, 2018 $ 11,125,000 March 31, 2019 $ 11,125,000 June 30, 2019 $ 11,125,000 September 30, 2019 $ 11,125,000 December 31, 2019 $ 11,125,000 March 31, 2020 $ 11,125,000 June 30, 2020 $ 11,125,000 September 30, 2020 $ 11,125,000 December 31, 2020 $ 11,125,000 March 31, 2021 $ 11,125,000 Tranche A Term Maturity Date $ 233,625,000 (ii) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Tranche B Term Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date: September 30, 2016 $ 262,500 December 31, 2016 $ 262,500 March 31, 2017 $ 262,500 June 30, 2017 $ 262,500 September 30, 2017 $ 262,500 December 31, 2017 $ 262,500 March 31, 2018 $ 262,500 June 30, 2018 $ 262,500 September 30, 2018 $ 262,500 December 31, 2018 $ 262,500 March 31, 2019 $ 262,500 June 30, 2019 $ 262,500 September 30, 2019 $ 262,500 December 31, 2019 $ 262,500 March 31, 2020 $ 262,500 June 30, 2020 $ 262,500 September 30, 2020 $ 262,500 December 31, 2020 $ 262,500 March 31, 2021 $ 262,500 June 30, 2021 $ 262,500 September 30, 2021 $ 262,500 December 31, 2021 $ 262,500 March 31, 2022 $ 262,500 Tranche B Term Maturity Date $ 98,962,500 (b) To the extent not previously paid, (i) all Tranche A Term Loans shall be due and payable on the Tranche A Term Maturity Date and (ii) all Tranche B Term Loans shall be due and payable on the Tranche B Term Maturity Date. (c) Any prepayment of a Term Borrowing of any Class shall be applied to reduce the subsequent scheduled repayments of the Term Borrowings of such Class to be made pursuant to this Section (i) in the case of a prepayment pursuant to Section 2.10(a), as directed in writing by the Borrower and (ii) in the case of a prepayment pursuant to Section 2.10(c) or (d), (x) first, in direct order of maturity to the scheduled repayments occurring in the twenty-four months following the date of such prepayment and (y) second, ratably to the remaining scheduled repayments based on the amount of s...

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10 and increases in connection with fungible increases to the Initial Term Loans to reflect the equivalent amortization for such fungible increases, the Borrower shall repay Borrowings of Initial Term Loans on the last day of each March, June, September and December (commencing on June 30, 2020) in the principal amount of Term Loans as follows; provided that if any such date is not a Business Day, such payment shall be due on the immediately preceding Business Day: June 30, 2020 $ 5,300,000 September 30, 2020 $ 5,300,000 December 31, 2020 $ 5,300,000 March 31, 2021 $ 5,300,000 June 30, 2021 $ 5,300,000 September 30, 2021 $ 5,300,000 December 31, 2021 $ 5,300,000 March 31, 2022 $ 5,300,000 June 30, 2022 $ 5,300,000 September 30, 2022 $ 5,300,000 December 31, 2022 $ 5,300,000 March 31, 2023 $ 5,300,000 June 30, 2023 $ 5,300,000 September 30, 2023 $ 5,300,000 December 31, 2023 $ 5,300,000 March 31, 2024 $ 5,300,000 June 30, 2024 $ 5,300,000 September 30, 2024 $ 5,300,000 December 31, 2024 $ 5,300,000 March 31, 2025 $ 5,300,000 June 30, 2025 $ 5,300,000 September 30, 2025 $ 5,300,000 December 31, 2025 $ 5,300,000 March 31, 2026 $ 5,300,000 June 30, 2026 $ 5,300,000 September 30, 2026 $ 5,300,000 Term Maturity Date Remainder (b) To the extent not previously paid, all Initial Term Loans shall be due and payable on the Term Maturity Date. (c) Any prepayment of a Term Borrowing of any Class (i) pursuant to Section 2.11(a)(i) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Borrowings of such Class to be made pursuant to this Section 2.10 as directed by the Borrower (and absent such direction in direct order of maturity) and (ii) pursuant to Section 2.11(c) or 2.11(d) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Borrowings of such Class to be made pursuant to this Section 2.10, or, except as otherwise provided in any Refinancing Amendment or Loan Modification Agreement, pursuant to the corresponding section of such Refinancing Amendment or Loan Modification Agreement, as applicable, as directed by the Borrower and, in the absence of such direction, in direct order of maturity (including any Incremental Facility). (d) Prior to any repayment of any Term Borrowings of any Class hereunder, the Borrower shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the First Lien Adm...

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Tranche A Term Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date: September 30, 2023 $ 1,054,687.50 December 31, 2023 $ 1,054,687.50 March 31, 2024 $ 1,054,687.50 June 30, 2024 $ 1,054,687.50 September 30, 2024 $ 1,054,687.50 December 31, 2024 $ 1,054,687.50 March 31, 2025 $ 1,054,687.50 June 30, 2025 $ 1,054,687.50 September 30, 2025 $ 1,054,687.50 December 31, 2025 $ 1,054,687.50 March 31, 2026 $ 1,054,687.50 June 30, 2026 $ 1,054,687.50 September 30, 2026 $ 1,054,687.50 December 31, 2026 $ 1,054,687.50 March 31, 2027 $ 1,054,687.50 June 30, 2027 $ 1,054,687.50 September 30, 2027 $ 1,054,687.50 December 31, 2027 $ 1,054,687.50 March 31, 2028 $ 1,054,687.50 Tranche A Term Maturity Date Outstanding Principal Amount of all Tranche A Term Loans (b) To the extent not previously paid, all Tranche A Term Loans shall be due and payable on the Tranche A Term Maturity Date. (c) Any prepayment of a Term Borrowing of any Class shall be applied to reduce the subsequent scheduled repayments of the Term Borrowings of such Class to be made pursuant to this Section (i) in the case of a prepayment pursuant to Section 2.10(a), as directed in writing by the Borrower and (ii) in the case of a prepayment pursuant to Section 2.10(c), (x) first, in direct order of maturity to the scheduled repayments occurring in the twenty-four months following the date of such prepayment and (y) second, ratably to the remaining scheduled repayments based on the amount of such scheduled repayments; provided that (A) any prepayment of any Class of Incremental Term Borrowings shall be applied to subsequent scheduled repayments as provided in the applicable Incremental Facility Amendment, (B) any prepayment of Term Borrowings of any Class contemplated by Section 2.22 shall be applied to subsequent scheduled repayments as provided in such Section and (C) if any Lender elects to decline a mandatory prepayment of a Term Borrowing in accordance with Section 2.10(e), then such prepayment shall be applied to reduce the subsequent repayments of such Term Borrowing to be made pursuant to this Section ratably based on the amount of such scheduled repayments. (d) Prior to any repayment of any Term Borrowings of any Class under this Section, the Borrower shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrat...

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Term Loan Borrowings on the last day of each March, June, September and December (commencing on December 31, 2018) in the principal amount of (x), in the case of the Initial Term Loans, Initial Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans immediately after closing on the Effective Date multiplied by (ii) 0.25%, (y) in the case of each 2019 Incremental Effective Date Term Loan, an amount equal to 0.25% of the product of (A) the principal amount of such 2019 Incremental Effective Date Term Loan immediately after its funding on the 2019 Incremental Effective Date and (B) a fraction, the numerator of which is the aggregate principal amount of the Initial Term Loans outstanding immediately after closing on the Effective Date and the denominator of which is equal to the aggregate principal amount of Initial Term Loans outstanding immediately prior to the 2019 Incremental Effective Date and (z) in the case of each 2019 Delayed Draw Incremental Term Loan, an amount equal to 0.25% of the product of (A) the principal amount of such 2019 Delayed Draw Incremental Term Loan immediately after its funding and (B) a fraction, the numerator of which is the aggregate principal amount of the Initial Term Loans outstanding immediately after closing on the Effective Date and the denominator of which is equal to the aggregate principal amount of Initial Term Loans outstanding immediately prior to the funding of such 2019 Delayed Draw Incremental Term Loan; provided that if any such date is not a Business Day, such payment shall be due on the next succeeding Business Day. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Maturity Date. (c) Any prepayment of a Term Facility Borrowing of any Class (i) pursuant to Section 2.11(a)(i) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Facility Borrowings of such Class to be made pursuant to this Section as directed by the Borrower (and absent such direction in direct order of maturity) and (ii) pursuant to Section 2.11(c) or Section 2.11(d) shall be applied to reduce the next eight scheduled and outstanding principal installments of the Term Facility Borrowings of such Class in direct order of maturity and thereafter ratably to the remaining payments thereof (including the bullet due on the Term Maturity Date), or, if oth...

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Tranche A Term Borrowings on each date set forth below in the aggregate principal amount set forth opposite such date: Date Amount ---- ------ December 15, 2005 $11,111,111 March 15, 2006 11,111,111 June 15, 2006 11,111,111 September 15, 2006 11,111,111 December 15, 2006 11,111,111 March 15, 2007 11,111,111 June 15, 2007 11,111,111 September 15, 2007 11,111,111 (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date. (c) Any prepayment of a Term Borrowing, including any mandatory prepayments pursuant to Section 2.11, shall be applied to reduce ratably the subsequent scheduled repayments of the Term Borrowings to be made pursuant to this Section. (d) Prior to any repayment of any Term Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than (i) 11:00 a.m., New York City time, three Business Days before the scheduled date of such repayment, in the case of a Eurodollar Borrowing and (ii) 11:00 a.m., New York City time one Business Day before the scheduled date of such repayment, in the case of an ABR Borrowing. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Term Borrowings shall be accompanied by accrued interest on the amount repaid.

Amortization of Term Loans. (a) Subject to adjustment pursuant to Section 2.10(d), the Borrower shall repay Non-Extended Term Loan Borrowings in installments on each March 31, June 30, September 30 and December 31 of each year, in the aggregate principal amount equal to (i) in the case of each installment due prior to the Non-Extended Term Loan Maturity Date, 0.25% of the aggregate principal amount of the Non-Extended Term Loans outstanding on the Effective Date and (ii) in the case of the installment due on the Non-Extended Term Loan Maturity Date, the entire remaining balance of the Non-Extended Term Loans (as adjusted from time to time pursuant to Section 2.10(d)).[Reserved] To the extent not previously paid, all Non-Extended Term Loans shall be due and payable on the Non-Extended Term Loan Maturity Date. (b) Subject to adjustment pursuant to Section 2.10(d), the Borrower shall repay Extended Term Loan Borrowings in installments on each March 31, June 30, September 30 and December 31 of each year, in the aggregate principal amount equal to (i) in the case of each installment due prior to the Extended Term Loan Maturity Date, 0.25% of the aggregate principal amount of the Extended Term Loans outstanding on the Second Amendment Effective Date and (ii) in the case of the installment due on the Extended Term Loan Maturity Date, the entire remaining balance of the Extended Term Loans (as adjusted from time to time pursuant to Section 2.10(d)). To the extent not previously paid, all Extended Term Loans shall be due and payable on the Extended Term Loan Maturity Date. (c) Subject to adjustment pursuant to Section 2.10(d), the Borrower shall repay New Tranche B Term Loan Borrowings in installments on each March 31, June 30, September 30 and December 31 of each year, in the aggregate principal amount equal to (i) in the case of each installment due prior to the New Tranche B Maturity Date, 0.25% of the aggregate principal amount of the New Tranche B Term Loans outstanding on the SecondFourth Amendment Effective Date plus the aggregate principal amount of(after giving effect to the New Tranche B Term Loans made on the ThirdFourth Amendment Effective Date) and (ii) in the case of the installment due on the New Tranche B Maturity Date, the entire remaining balance of the New Tranche B Term Loans (as adjusted from time to time pursuant to Section 2.10(d)). To the extent not previously paid, all New Tranche B Term Loans shall be due and payable on the New Tranche B Maturity Date. (d) Any mandat...

Amortization of Term Loans. (a) Subject to adjustment pursuant to Section 2.10(d) and subject to Section 2.11(i) and Section 9.04(b)(vii), the Borrower shall repay the Tranche B-2 Term Loans on the last day of each April, July, October and January, commencing with the first such date to occur following the second full fiscal quarter after the Effective Date, in an aggregate principal amount equal to the product of (x) 0.25% multiplied by (y) the aggregate principal amount of the Tranche B-2 Term Loans outstanding on the Effective Date. (b) Subject to adjustment pursuant to Section 2.10(d) and subject to Section 2.11(i) and Section 9.04(b)(vii), the Borrower shall repay the Tranche B-3 Term Loans on the last day of each April, July, October and January, commencing with the first such date to occur following the second full fiscal quarter after the Effective Date, in an aggregate principal amount equal to the product of (x) 0.25% multiplied by (y) the aggregate principal amount of the Tranche B-3 Term Loans outstanding on the Effective Date. (c) Subject to adjustment pursuant to Section 2.10(d) and subject to Section 2.11(i) and Section 9.04(b)(vii), the Borrower shall repay the Euro Tranche Term Loans on the last day of each April, July, October and January, commencing with the first such date to occur following the second full fiscal quarter after the Effective Date, in an aggregate principal amount equal to the product of (x) 0.25% multiplied by (y) the aggregate principal amount of the Euro Tranche Term Loans outstanding on the Effective Date. Without limiting the foregoing, to the extent not previously paid, all Initial Term Loans shall be due and payable on the applicable Term Loan Maturity Date. (d) Any prepayment of a Term Loan Borrowing of any Class shall be applied (i) in the case of prepayments made pursuant to Section 2.11(a) or (e), to reduce the subsequent scheduled repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section as directed by the Borrower (or, in the absence of such direction, to the remaining scheduled installments of principal of such Class in direct order of maturity), or as otherwise provided in any Extension Amendment, any Incremental Facility Amendment or Refinancing Amendment, (ii) in the case of prepayments made pursuant to Section 2.11(c) or Section 2.11(d), to reduce the subsequent scheduled repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section in direct order of maturity, or as otherw...

Amortization of Term Loans. (a) Subject to adjustment pursuant to paragraph (d) of this Section, the Borrower shall repay Tranche A Term Borrowings on each date set forth below in the aggregate principal amount equal to the product of (i) $112,500,000 multiplied by (ii) the percentage set forth opposite such date: Date Percentage ------------------- ---------- March 31, 2004............................................................ 1.25% June 30, 2004............................................................. 3.75% September 30, 2004........................................................ 3.75% December 31, 2004......................................................... 3.75% March 31, 2005............................................................ 3.75% June 30, 2005............................................................. 5.00% September 30, 2005........................................................ 5.00% December 31, 2005......................................................... 5.00% March 31, 2006............................................................ 5.00% June 30, 2006............................................................. 5.00% September 30, 2006........................................................ 5.00% December 31, 2006......................................................... 5.00% March 31, 2007............................................................ 5.00% June 30, 2007............................................................. 5.00% September 30, 2007........................................................ 5.00% December 31, 2007......................................................... 5.00% March 31, 2008............................................................ 5.00% June 30, 2008............................................................. 5.00% September 30, 2008........................................................ 5.00% December 31, 2008......................................................... 5.00% Tranche A Maturity Date................................................... 5.00% (b) Subject to adjustment pursuant to paragraph (d) of this Section, the Borrower shall repay Tranche D Term Borrowings on each date set forth below in the aggregate principal amount equal to the product of (i) $325,000,000 multiplied by (ii) the percentage set forth opposite such date: Date Amount ------------------ ------ March 31, 2004............................................................ 0.25% June 30, 2004...............................................