Common use of Amortization Clause in Contracts

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- December 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 Total $325,000,000

Appears in 2 contracts

Samples: Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc)

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Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- December 31January 1, 1998 $5,000,000 April 1, 1998 $5,000,000 July 1, 1998 $5,000,000 October 1, 1998 $5,000,000 January 1, 1999 $3,750,000 March 315,000,000 April 1, 1999 $5,000,000 July 1, 1999 $5,000,000 October 1, 1999 $5,000,000 January 1, 2000 $3,750,000 June 305,000,000 April 1, 2000 $3,750,000 September 295,000,000 July 1, 2000 $3,750,000 December 295,000,000 October 1, 2000 $6,250,000 March 305,000,000 January 1, 2001 $6,250,000 June 295,000,000 April 1, 2001 $6,250,000 September 285,000,000 July 1, 2001 $6,250,000 December 315,000,000 October 1, 2001 $12,500,000 March 295,000,000 January 1, 2002 $12,500,000 June 285,000,000 April 1, 2002 $12,500,000 September 305,000,000 July 1, 2002 $12,500,000 December 315,000,000 September 19, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 5,000,000 Total $325,000,000100,000,000

Appears in 1 contract

Samples: Credit Agreement (Fruit of the Loom Inc /De/)

Amortization. The principal amount of the Term Loans shall be repaid ------------ in quarterly payments in the amounts and on the dates set forth below: Principal Amortization Term Loan Principal Amortization Amortization Payment Dates Amortization Payment ---------------------- -------------------- March 31, 1999 $ 3,500,000 June 30, 1999 $ 3,500,000 September 30, 1999 $ 3,500,000 December 31, 1999 $3,750,000 $ 3,500,000 March 31, 2000 $3,750,000 $ 4,500,000 June 30, 2000 $3,750,000 $ 4,500,000 September 2930, 2000 $3,750,000 $ 4,500,000 December 2931, 2000 $6,250,000 $ 4,500,000 March 31, 2001 $ 5,750,000 June 30, 2001 $6,250,000 June 29$ 5,750,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 $ 5,750,000 December 31, 2001 $12,500,000 $ 5,750,000 March 2931, 2002 $12,500,000 $ 7,250,000 June 2830, 2002 $12,500,000 $ 7,250,000 September 30, 2002 $12,500,000 $ 7,250,000 December 31, 2002 $15,000,000 $ 7,250,000 March 31, 2003 $15,000,000 $ 7,750,000 June 30, 2003 $15,000,000 $ 7,750,000 September 30, 2003 $15,000,000 $ 7,750,000 December 3121, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 $ 7,750,000 Total $325,000,000115,000,000

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- ------------------------------------------------------- December 31, 1998 $5,882,000 March 31, 1999 $5,882,000 June 30, 1999 $5,882,000 September 30, 1999 $5,882,000 December 31, 1999 $3,750,000 5,882,000 March 31, 2000 $3,750,000 5,882,000 June 30, 2000 $3,750,000 5,882,000 September 2930, 2000 $3,750,000 5,882,000 December 2931, 2000 $6,250,000 5,882,000 March 31, 2001 $5,882,000 June 30, 2001 $6,250,000 June 295,882,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 5,882,000 December 31, 2001 $12,500,000 5,882,000 March 2931, 2002 $12,500,000 5,882,000 June 2830, 2002 $12,500,000 5,882,000 September 30, 2002 $12,500,000 5,882,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 5,888,000 Total $325,000,000100,000,000

Appears in 1 contract

Samples: Credit Agreement (Central Parking Corp)

Amortization. The principal amount of the Term Loans shall be ------------ repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- March 31, 1997 $ 1,250,000 June 30, 1997 $ 1,250,000 September 30, 1997 $ 1,250,000 December 31, 1997 $ 1,250,000 March 31, 1998 $ 1,750,000 June 30, 1998 $ 1,750,000 September 30, 1998 $ 1,750,000 December 31, 1998 $ 1,750,000 March 31, 1999 $ 2,250,000 June 30, 1999 $ 2,250,000 September 30, 1999 $ 2,250,000 December 31, 1999 $3,750,000 $ 2,250,000 March 31, 2000 $3,750,000 $ 2,250,000 June 30, 2000 $3,750,000 $ 2,250,000 September 2930, 2000 $3,750,000 $ 2,250,000 December 2931, 2000 $6,250,000 $ 2,250,000 March 31, 2001 $ 2,500,000 June 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 $ 2,500,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 2001 $ 2,500,000 Maturity Date $ 2,500,000 Total $325,000,00040,000,000

Appears in 1 contract

Samples: Credit Agreement (Gorges Quik to Fix Foods Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- December 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 12,500,000 September 2930, 2000 $3,750,000 12,500,000 25 31 December 2931, 2000 $6,250,000 12,500,000 March 31, 2001 $12,500,000 June 30, 2001 $6,250,000 June 2912,500,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 12,500,000 December 31, 2001 $12,500,000 March 2931, 2002 $12,500,000 June 2830, 2002 $12,500,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 12,500,000 March 31, 2003 $15,000,000 12,500,000 June 30, 2003 $15,000,000 12,500,000 September 30, 2003 $15,000,000 12,500,000 December 31, 2003 $18,750,000 12,500,000 March 3119, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 12,500,000 Total $325,000,000200,000,000

Appears in 1 contract

Samples: Credit Agreement (Central Parking Corp)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- December 31, 1997 $1,500,000 March 31, 1998 $1,500,000 June 30, 1998 $1,500,000 September 30, 1998 $1,500,000 December 31, 1998 $2,000,000 March 31, 1999 $3,750,000 2,000,000 June 30, 1999 $2,000,000 September 30, 1999 $2,000,000 December 31, 1999 $2,125,000 March 31, 2000 $3,750,000 2,125,000 June 30, 2000 $3,750,000 2,125,000 September 2930, 2000 $3,750,000 2,125,000 December 2931, 2000 $6,250,000 2,125,000 March 31, 2001 $2,125,000 June 30, 2001 $6,250,000 June 292,125,000 September 30, 2001 $6,250,000 September 28, 2001 2,125,000 December 31,2001 $6,250,000 December 2,250,000 March 31, 2001 $12,500,000 March 29, 2002 $12,500,000 2,250,000 June 2830, 2002 $12,500,000 2,250,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 2,250,000 Total $325,000,00040,000,000

Appears in 1 contract

Samples: Credit Agreement (Gerber Childrenswear Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments in the amounts and on the dates set forth below: Principal Amortization Term Loan Principal Amortization Amortization Payment Dates Amortization Payment ---------------------- -------------------- June 30, 1999 $2,000,000 September 30, 1999 $2,000,000 December 31, 1999 $3,750,000 2,000,000 March 31, 2000 $3,750,000 3,000,000 June 30, 2000 $3,750,000 3,000,000 September 2930, 2000 $3,750,000 3,000,000 December 2931, 2000 $6,250,000 3,000,000 March 31, 2001 $3,750,000 June 30, 2001 $6,250,000 June 293,750,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 3,750,000 December 31, 2001 $12,500,000 3,750,000 March 2931, 2002 $12,500,000 4,500,000 June 2830, 2002 $12,500,000 4,500,000 September 30, 2002 $12,500,000 4,500,000 December 31, 2002 $15,000,000 4,500,000 March 31, 2003 $15,000,000 4,750,000 June 30, 2003 $15,000,000 4,750,000 September 30, 2003 $15,000,000 4,750,000 December 3121, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 4,750,000 Total $325,000,00070,000,000

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Amortization. The principal amount of the Tranche A Term Loans shall be repaid in quarterly payments installments on the dates set forth below: Tranche A Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- ------------- -------------------- December January 30, 1999 $ 800,000 May 1, 1999 $ 800,000 July 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June $ 900,000 October 30, 2000 $3,750,000 September 1999 $ 1,250,000 January 29, 2000 $3,750,000 December $ 1,250,000 April 29, 2000 $6,250,000 March 30$ 1,250,000 July 29, 2000 $ 1,250,000 October 28, 2000 $ 1,625,000 January 27, 2001 $6,250,000 June 29, 2001 $6,250,000 September $ 1,625,000 April 28, 2001 $6,250,000 December 31$ 1,625,000 July 28, 2001 $12,500,000 March 29$ 1,625,000 October 27, 2001 $ 2,500,000 33 39 February 2, 2002 $12,500,000 June 28$ 2,500,000 May 4, 2002 $12,500,000 September 30$ 2,500,000 August 3, 2002 $12,500,000 December 31$ 2,500,000 November 2, 2002 $15,000,000 March 31$ 2,750,000 February 1, 2003 $15,000,000 June 30$ 2,750,000 May 3, 2003 $15,000,000 September 30$ 2,750,000 August 2, 2003 $ 2,750,000 TOTAL $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 Total $325,000,00035,000,000

Appears in 1 contract

Samples: Credit Agreement (Pca International Inc)

Amortization. The principal amount of the Term Loans shall be ------------ repaid in quarterly monthly payments on the dates set forth below: , with the remaining outstanding balance of the Loans being due and payable on the Maturity Date. Principal Amortization Term Loan Payment Date Principal Payment Dates Amortization Payment ---------------------- -------------------- December Amount ----------------------------------- ------------------------------------- July 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28833,333 August 31, 2002 $12,500,000 833,333 September 30, 2002 $12,500,000 833,333 October 31, 2002 $833,333 November 30, 2002 $833,333 December 31, 2002 $15,000,000 833,333 January 31, 2003 $833,333 February 28, 2003 $833,333 March 31, 2003 $15,000,000 833,333 April 30, 2003 $833,333 May 31, 2003 $833,333 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 Total $325,000,000833,333

Appears in 1 contract

Samples: Credit Agreement (Davel Communications Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- ------------------- -------------------- March 31, 1997 $3,750,000 June 30, 1997 $3,750,000 September 30, 1997 $3,750,000 December 31, 1997 $3,750,000 March 31, 1998 $3,750,000 June 30, 1998 $3,750,000 September 30, 1998 $3,750,000 December 31, 1998 $3,750,000 March 31, 1999 $3,750,000 June 30, 1999 $3,750,000 September 30, 1999 $3,750,000 December 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 2930, 2000 $3,750,000 December 2931, 2000 $6,250,000 3,750,000 March 31, 2001 $5,000,000 June 30, 2001 $6,250,000 June 295,000,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 5,000,000 December 31, 2001 $12,500,000 5,000,000 March 2931, 2002 $12,500,000 5,000,000 June 2830, 2002 $12,500,000 5,000,000 September 30, 2002 $12,500,000 5,000,000 December 31__, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 5,000,000 Total $325,000,000100,000,000

Appears in 1 contract

Samples: Credit Agreement (Knoll Inc)

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Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth below: Principal Amortization Payment Dates Term Loan Principal Payment Dates Amortization Payment ------------------------- ---------------------- -------------------- March 31, 1997 $ 1,250,000 June 30, 1997 $ 1,250,000 September 30, 1997 $ 1,250,000 December 31, 1997 $ 1,250,000 March 31, 1998 $ 1,750,000 June 30, 1998 $ 1,750,000 September 30, 1998 $ 1,750,000 December 31, 1998 $ 1,750,000 March 31, 1999 $ 2,250,000 June 30, 1999 $ 2,250,000 September 30, 1999 $ 2,250,000 December 31, 1999 $3,750,000 $ 2,250,000 March 31, 2000 $3,750,000 $ 2,250,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 $ 2,250,000 September 30, 2002 2000 $ 2,250,000 Maturity Date $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 12,250,000 ----------- Total $325,000,00040,000,000

Appears in 1 contract

Samples: Agreement (Gorges Quik to Fix Foods Inc)

Amortization. The principal amount of the Term Loans shall be ------------ repaid in quarterly payments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- March 31, 1997 $ 1,250,000 June 30, 1997 $ 1,250,000 September 30, 1997 $ 1,250,000 December 31, 1997 $ 1,250,000 March 31, 1998 $ 1,750,000 June 30, 1998 $ 1,750,000 September 30, 1998 $ 1,750,000 December 31, 1998 $ 1,750,000 March 31, 1999 $ 2,250,000 June 30, 1999 $ 2,250,000 September 30, 1999 $ 2,250,000 December 31, 1999 $3,750,000 $ 2,250,000 March 31, 2000 $3,750,000 $ 2,250,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 $ 2,250,000 September 30, 2002 2000 $ 2,250,000 Maturity Date $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 12,250,000 ----------- Total $325,000,00040,000,000

Appears in 1 contract

Samples: Agreement (Gorges Quik to Fix Foods Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments on the dates set forth belowinstallments as follows, unless accelerated sooner pursuant to Section 9.2: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- PRINCIPAL AMORTIZATION PAYMENT TERM LOAN PRINCIPAL DATES AMORTIZATION PAYMENT ------------------------------ -------------------- December 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 2,083,333.25 June 30, 2003 $15,000,000 2,083,333.25 September 30, 2003 $15,000,000 2,083,333.25 December 31, 2003 $18,750,000 2,083,333.25 March 31, 2004 $18,750,000 2,083,333.25 June 30, 2004 $18,750,000 2,083,333.25 September 30, 2004 $18,750,000 2,083,333.25 December 31, 2004 $25,000,000 2,083,333.25 March 31, 2005 $25,000,000 2,083,333.25 June 30, 2005 $25,000,000 2,083,333.25 September 30, 2005 $25,000,000 Total 2,083,333.25 Maturity Date $325,000,0002,083,334.25 ------------------------------ --------------------

Appears in 1 contract

Samples: Credit Agreement (Orthodontic Centers of America Inc /De/)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments installments on the dates set forth below: Principal Amortization Term Loan Principal Payment Dates Amortization Payment ---------------------- ------------- -------------------- March 31, 1998 $1,250,000 June 30, 1998 $1,250,000 September 30, 1998 $2,500,000 December 31, 1998 $5,000,000 March 31, 1999 $1,875,000 June 30, 1999 $1,875,000 September 30, 1999 $3,750,000 December 31, 1999 $3,750,000 7,500,000 March 31, 2000 $3,750,000 2,500,000 June 30, 2000 $3,750,000 2,500,000 September 2930, 2000 $3,750,000 5,000,000 December 2931, 2000 $6,250,000 10,000,000 March 31, 2001 $2,500,000 June 30, 2001 $6,250,000 June 292,500,000 September 30, 2001 $6,250,000 September 28, 2001 $6,250,000 5,000,000 December 31, 2001 $12,500,000 March 29, 2002 10,000,000 TOTAL $12,500,000 June 28, 2002 $12,500,000 September 30, 2002 $12,500,000 December 31, 2002 $15,000,000 March 31, 2003 $15,000,000 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 Total $325,000,00065,000,000

Appears in 1 contract

Samples: Credit Agreement (Pca International Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly monthly payments on the dates set forth below: , with the remaining outstanding balance of the Loans being due and payable on the Maturity Date. Principal Amortization Term Loan Payment Date Principal Payment Dates Amortization Payment ---------------------- -------------------- December Amount ----------------------------------- ------------------------------------- July 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28833,333 August 31, 2002 $12,500,000 833,333 September 30, 2002 $12,500,000 833,333 October 31, 2002 $833,333 November 30, 2002 $833,333 December 31, 2002 $15,000,000 833,333 January 31, 2003 $833,333 February 28, 2003 $833,333 March 31, 2003 $15,000,000 833,333 April 30, 2003 $833,333 May 31, 2003 $833,333 June 30, 2003 $15,000,000 September 30, 2003 $15,000,000 December 31, 2003 $18,750,000 March 31, 2004 $18,750,000 June 30, 2004 $18,750,000 September 30, 2004 $18,750,000 December 31, 2004 $25,000,000 March 31, 2005 $25,000,000 June 30, 2005 $25,000,000 September 30, 2005 $25,000,000 Total $325,000,000833,333

Appears in 1 contract

Samples: Credit Agreement (Phonetel Technologies Inc)

Amortization. The principal amount of the Term Loans shall be repaid in quarterly payments in the amounts and on the dates set forth below: Principal Amortization Payment Dates Term Loan Principal Payment Dates Amortization Payment ---------------------- -------------------- December 31, 1999 $3,750,000 March 31, 2000 $3,750,000 June 30, 2000 $3,750,000 September 29, 2000 $3,750,000 December 29, 2000 $6,250,000 March 30, 2001 $6,250,000 June 29, 2001 $6,250,000 September 28, 2001 $6,250,000 December 31, 2001 $12,500,000 March 29, 2002 $12,500,000 June 28, 2002 $12,500,000 $ 1,500,000 September 30, 2002 $12,500,000 $ 2,000,000 December 31, 2002 $15,000,000 $ 1,750,000 March 31, 2003 $15,000,000 $ 1,500,000 June 30, 2003 $15,000,000 $ 1,750,000 September 30, 2003 $15,000,000 $ 2,250,000 December 31, 2003 $18,750,000 $ 2,250,000 March 31, 2004 $18,750,000 $ 1,750,000 June 30, 2004 $18,750,000 $ 2,000,000 September 30, 2004 $18,750,000 $ 2,500,000 December 31, 2004 $25,000,000 $ 2,500,000 March 31, 2005 $25,000,000 $ 2,000,000 June 30, 2005 $25,000,000 $ 2,250,000 September 30, 2005 $25,000,000 $ 2,750,000 December 31, 2005 $ 2,750,000 March 31, 2006 $ 2,250,000 June 30, 2006 $ 2,500,000 September 30, 2006 $ 3,000,000 December 31, 2006 $ 3,000,000 March 28, 2007 $ 2,750,000 Total $325,000,000$ 45,000,000

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

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