CERTAIN MANDATORY REPAYMENTS Clause Samples
CERTAIN MANDATORY REPAYMENTS. Shall pay the aggregate ---------------------------- principal amount of all Facility C Loans outstanding as of the Facility C Commitment Termination Date in twelve (12) consecutive equal quarterly installments, one such installment due on the last day of each calendar quarter, commencing on March 31, 2000, with a final payment in the remaining aggregate outstanding principal amount of all Facility C Loans on the Maturity Date. The principal amount of all Facility C Loans payable on any quarterly payment date shall be referred to as a "Facility C Installment." ----------------------
CERTAIN MANDATORY REPAYMENTS. Shall, on each Business Day when the sum of (A) the then outstanding principal amount of the Loans, PLUS (B) the aggregate amount of the Letter of Credit Outstandings, exceeds the LESSER of (Y) the Commitment Amount, or (Z) the Borrowing Base then in effect, pay to the Bank principal of the Loans equal to such excess for application to principal of such Loans then outstanding; and
CERTAIN MANDATORY REPAYMENTS. Shall pay the aggregate principal amount of all Facility B Loans in sixteen (16) consecutive equal quarterly installments, one such installment due on the last day of each calendar quarter, commencing on August 31, 1998, with a final payment in the remaining principal amount of all Facility B Loans on the Final Maturity Date for Facility B Loans. The principal amount of all Facility B Loans payable on any quarterly payment date shall be referred to as a "Facility B Installment."