Common use of Delayed Draw Term Loans Clause in Contracts

Delayed Draw Term Loans. The Delayed Draw Term Loans shall mature in quarterly installments payable on the dates set forth below, commencing on June 30, 2015, each such installment to be in an aggregate principal amount equal to the percentage of the Delayed Draw Term Loans made hereunder set forth opposite each such date specified below, and the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender each such installment on each such date. On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts). Installment Percentage June 30, 2015 2.50% September 27, 2015 2.50% December 27, 2015 2.50% March 27, 2016 2.50% June 30, 2016 3.125% September 25, 2016 3.125% December 25, 2016 3.125% March 26, 2017 3.125% June 30, 2017 3.75% September 24, 2017 3.75% December 24, 2017 3.75% March 25, 2018 3.75% June 30, 2018 3.75% September 30, 2018 3.75% December 23, 2018 3.75% March 24, 2019 3.75% Maturity Date for the Delayed Draw Term Loans Outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).

Appears in 2 contracts

Samples: Credit Agreement (ARC Group Worldwide, Inc.), Credit Agreement

AutoNDA by SimpleDocs

Delayed Draw Term Loans. The Delayed Draw Term Loans shall mature in quarterly installments payable on the dates set forth below, commencing on June 30, 2015, each such installment to be in an aggregate principal amount equal to the percentage of the Delayed Draw Term Loans made hereunder amount set forth opposite each such date specified below, and the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender each such installment on each such date. On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts). Installment Percentage June 30, 2015 2.50% September 27, 2015 2.50% December 27, 2015 2.50% March 27, 2016 2.50% Amount June 30, 2016 3.125% $ 250,511.27 September 25, 2016 3.125% $ 250,511.27 December 25, 2016 3.125% $ 250,511.27 March 26, 2017 3.125% $ 375,766.90 June 30, 2017 3.75% $ 375,766.90 September 24, 2017 3.75% $ 375,766.90 December 24, 2017 3.75% $ 375,766.90 March 25, 2018 3.75% $ 375,766.90 June 30, 2018 3.75% $ 375,766.90 September 30, 2018 3.75% $ 375,766.90 December 23, 2018 3.75% $ 375,766.90 March 24, 2019 3.75% $ 375,766.90 Maturity Date for the Delayed Draw Term Loans Outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).

Appears in 1 contract

Samples: Credit Agreement

Delayed Draw Term Loans. The Delayed Draw Term Loans shall mature in quarterly installments payable on the dates set forth below, commencing on June 30, 2015, each such installment to be in an aggregate principal amount equal to the percentage of the Delayed Draw Term Loans made hereunder set forth opposite each such date specified below, and the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender each such installment on each such date. On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts). Installment Percentage June 30, 2015 2.50% September 27, 2015 2.50% December 27, 2015 2.50% March 27, 2016 2.50% June 30, 2016 3.125% September 25, 2016 3.125% December 25, 2016 3.125% March 26, 2017 3.125% June 30, 2017 3.75% September 24, 2017 3.75% December 24, 2017 3.75% March 25, 2018 3.75% June 30, 2018 3.75% September 30, 2018 3.75% December 23, 2018 3.75% March 24, 2019 3.75% Maturity Date for the Delayed Draw Term Loans Outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).. 49

Appears in 1 contract

Samples: Credit Agreement

Delayed Draw Term Loans. The Delayed Draw Term Loans shall mature in quarterly installments payable on the dates set forth below, commencing on June 30, 2015, each such installment to be in an aggregate principal amount equal to the percentage of the Delayed Draw Term Loans made hereunder amount set forth opposite each such date specified below, and the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender each such installment on each such date. On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts). Installment Percentage June 30, 2015 2.50% September 27, 2015 2.50% December 27, 2015 2.50% March 27, 2016 2.50% Amount June 30, 2016 3.125% $ 250,511.27 September 25, 2016 3.125% $ 250,511.27 December 25, 2016 3.125% $ 250,511.27 March 26, 2017 3.125% $ 375,766.90 June 30, 2017 3.75% $ 375,766.90 September 24, 2017 3.75% $ 375,766.90 December 24, 2017 3.75% $ 375,766.90 March 25, 2018 3.75% $ 375,766.90 June 30, 2018 3.75% $ 375,766.90 6 September 30, 2018 3.75% $ 375,766.90 December 23, 2018 3.75% $ 375,766.90 March 24, 2019 3.75% $ 375,766.90 Maturity Date for the Delayed Draw Term Loans Outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).

Appears in 1 contract

Samples: Credit Agreement (ARC Group Worldwide, Inc.)

AutoNDA by SimpleDocs

Delayed Draw Term Loans. The Delayed Draw Term Loans shall mature in quarterly installments payable on the dates set forth below, commencing on June 30, 2015, each such installment to be in an aggregate principal amount equal to the percentage of the Delayed Draw Term Loans made hereunder set forth opposite each such date specified below, and the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender each such installment on each such date. On the Maturity Date for the Delayed Draw Term Loans, the Borrowers shall repay to the Administrative Agent for the ratable account of each Delayed Draw Term Lender the outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts). Installment Percentage June 30, 2015 2.502.50 % September 27, 2015 2.502.50 % December 27, 2015 2.502.50 % March 27, 2016 2.502.50 % June 30, 2016 3.1253.125 % September 25, 2016 3.1253.125 % December 25, 2016 3.1253.125 % March 26, 2017 3.1253.125 % June 30, 2017 3.753.75 % September 24, 2017 3.753.75 % December 24, 2017 3.753.75 % March 25, 2018 3.753.75 % June 30, 2018 3.753.75 % September 30, 2018 3.753.75 % December 23, 2018 3.753.75 % March 24, 2019 3.753.75 % Maturity Date for the Delayed Draw Term Loans Outstanding principal amount of Delayed Draw Term Loans (together with all accrued and unpaid interest and other amounts).

Appears in 1 contract

Samples: Credit Agreement (ARC Group Worldwide, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!