Common use of Initial Term Loan Clause in Contracts

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar year, commencing with the first full quarter ending after the Closing Date, as set forth below (except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof): PAYMENT DATE PRINCIPAL INSTALLMENT ($) October 31, 2017 $1,375,000.00 January 31, 2018 $1,375,000.00 April 30, 2018 $1,375,000.00 July 31, 2018 $1,375,000.00 October 31, 2018 $1,375,000.00 January 31, 2019 $1,375,000.00 April 30, 2019 $1,375,000.00 July 31, 2019 $1,375,000.00 October 31, 2019 $1,375,000.00 January 31, 2020 $1,375,000.00 April 30, 2020 $1,375,000.00 July 31, 2020 $1,375,000.00 October 31, 2020 $1,375,000.00 January 31, 2021 $1,375,000.00 April 30, 2021 $1,375,000.00 July 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 Term Loan Maturity Date Remaining outstanding principal balance If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Initial Term Loan. The Parent Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar yearcommencing June 30, commencing with the first full quarter ending after the Closing Date, 2015 as set forth below (below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 2.11 hereof): : PAYMENT DATE PRINCIPAL INSTALLMENT ($) October June 30, 2015 $2,500,000 September 30, 2015 $2,500,000 December 31, 2015 $2,500,000 March 31, 2016 $2,500,000 June 30, 2016 $2,500,000 September 30, 2016 $2,500,000 December 31, 2016 $2,500,000 March 31, 2017 $1,375,000.00 January 2,500,000 June 30, 2017 $3,750,000 September 30, 2017 $3,750,000 December 31, 2017 $3,750,000 March 31, 2018 $1,375,000.00 April 3,750,000 June 30, 2018 $1,375,000.00 July 3,750,000 September 30, 2018 $3,750,000 December 31, 2018 $1,375,000.00 October 31, 2018 $1,375,000.00 January 3,750,000 March 31, 2019 $1,375,000.00 April 3,750,000 June 30, 2019 $1,375,000.00 July 3,750,000 September 30, 2019 $3,750,000 December 31, 2019 $1,375,000.00 October 31, 2019 $1,375,000.00 January 31, 2020 $1,375,000.00 April 30, 2020 $1,375,000.00 July 31, 2020 $1,375,000.00 October 31, 2020 $1,375,000.00 January 31, 2021 $1,375,000.00 April 30, 2021 $1,375,000.00 July 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 Term Loan 3,750,000 Maturity Date Remaining outstanding principal balance Outstanding Principal Amount If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar yearcommencing December 31, commencing with the first full quarter ending after the Closing Date, 2014 as set forth below (below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof): : PAYMENT DATE PRINCIPAL INSTALLMENT (December 31, 2014 $) October 18,750,000 March 31, 2015 $18,750,000 June 30, 2015 $18,750,000 September 30, 2015 $18,750,000 December 31, 2015 $18,750,000 March 31, 2016 $7,500,000 June 30, 2016 $7,500,000 September 30, 2016 $7,500,000 December 31, 2016 $7,500,000 March 31, 2017 $1,375,000.00 January 7,500,000 June 30, 2017 $7,500,000 September 30, 2017 $7,500,000 December 31, 2017 $7,500,000 March 31, 2018 $1,375,000.00 April 7,500,000 June 30, 2018 $1,375,000.00 July 7,500,000 September 30, 2018 $7,500,000 December 31, 2018 $1,375,000.00 October 31, 2018 $1,375,000.00 January 7,500,000 March 31, 2019 $1,375,000.00 April 7,500,000 June 30, 2019 $1,375,000.00 July 317,500,000 September 30, 2019 $1,375,000.00 October 31, 2019 $1,375,000.00 January 31, 2020 $1,375,000.00 April 30, 2020 $1,375,000.00 July 31, 2020 $1,375,000.00 October 31, 2020 $1,375,000.00 January 31, 2021 $1,375,000.00 April 30, 2021 $1,375,000.00 July 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 Term Loan Maturity Date Remaining outstanding principal balance 7,500,000 If not sooner paid, the aggregate unpaid principal amount of the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Initial Term Loan. The Borrower Borrowers shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar yearcommencing June 30, commencing with the first full quarter ending after the Closing Date, 2017 as set forth below (below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof): : FISCAL YEAR PAYMENT DATE PRINCIPAL INSTALLMENT ($) October 2017 June 30, 2017 $ 1,875,000 September 30, 2017 $ 1,875,000 December 31, 2017 $1,375,000.00 January $ 1,875,000 2018 March 31, 2018 $1,375,000.00 April $ 1,875,000 June 30, 2018 $1,375,000.00 July $ 2,812,500 September 30, 2018 $ 2,812,500 December 31, 2018 $1,375,000.00 October 31, 2018 $1,375,000.00 January $ 2,812,500 2019 March 31, 2019 $1,375,000.00 April $ 2,812,500 June 30, 2019 $1,375,000.00 July $ 2,812,500 September 30, 2019 $ 2,812,500 December 31, 2019 $1,375,000.00 October 31, 2019 $1,375,000.00 January $ 2,812,500 2020 March 31, 2020 $1,375,000.00 April $ 2,812,500 June 30, 2020 $1,375,000.00 July $ 3,750,000 September 30, 2020 $ 3,750,000 December 31, 2020 $1,375,000.00 October 31, 2020 $1,375,000.00 January $ 3,750,000 2021 March 31, 2021 $1,375,000.00 April $ 3,750,000 June 30, 2021 $1,375,000.00 July $ 3,750,000 September 30, 2021 $ 3,750,000 December 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 $ 3,750,000 Term Loan Maturity Date Remaining The remaining outstanding principal balance amount of the Initial Term Loan If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar yearpayment dates listed in the table below, commencing with June 30, 2018, in the first full quarter ending after the Closing Date, as amounts set forth below (below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 5.4 or Section 6.13 hereof): , as applicable: FISCAL YEAR PAYMENT DATE PRINCIPAL INSTALLMENT ($) October 31, 2017 $1,375,000.00 January 31, 2018 $1,375,000.00 April 30, 2018 $1,375,000.00 July 31, 2018 $1,375,000.00 October 31, 2018 $1,375,000.00 January 31, June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2019 $1,375,000.00 April 30, 2019 $1,375,000.00 July 31, 2019 $1,375,000.00 October 31, 2019 $1,375,000.00 January 31, March 31 $ 2,425,000 June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2020 $1,375,000.00 April 30, 2020 $1,375,000.00 July 31, 2020 $1,375,000.00 October 31, 2020 $1,375,000.00 January 31, March 31 $ 2,425,000 June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2021 $1,375,000.00 April 30, 2021 $1,375,000.00 July 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, March 31 $ 2,425,000 June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, March 31 $ 2,425,000 June 30 $ 2,425,000 FISCAL YEAR PAYMENT DATE PRINCIPAL INSTALLMENT September 30 $ 2,425,000 December 31 $ 2,425,000 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, March 31 $ 2,425,000 June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 March 31 $ 2,425,000 June 30 $ 2,425,000 September 30 $ 2,425,000 December 31 $ 2,425,000 2025 Term Loan Maturity Date Remaining Outstanding Principal Amount In addition, the aggregate outstanding principal balance If not sooner paid, amount of the Initial Term Loan, as of the Term Loan Maturity Date, shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December of each calendar year, Fiscal Quarter (commencing with the last Business Day of the first full quarter Fiscal Quarter ending after the Closing Date, ) as set forth below (except which payments shall be reduced as a result of the amounts application of individual installments may be adjusted pursuant to prepayments in accordance with the order of priority set forth in Section 4.4 hereof2.4): PAYMENT DATE PRINCIPAL INSTALLMENT ($) October 31, 2016 $ 1,875,000 January 31, 2017 $ 1,875,000 April 30, 2017 $ 1,875,000 July 31, 2017 $ 1,875,000 October 31, 2017 $1,375,000.00 $ 3,750,000 January 31, 2018 $1,375,000.00 $ 3,750,000 April 30, 2018 $1,375,000.00 $ 3,750,000 July 31, 2018 $1,375,000.00 $ 3,750,000 October 31, 2018 $1,375,000.00 $ 3,750,000 January 31, 2019 $1,375,000.00 $ 3,750,000 April 30, 2019 $1,375,000.00 $ 3,750,000 July 31, 2019 $1,375,000.00 $ 3,750,000 October 31, 2019 $1,375,000.00 $ 3,750,000 January 31, 2020 $1,375,000.00 $ 3,750,000 April 30, 2020 $1,375,000.00 $ 3,750,000 July 31, 2020 $1,375,000.00 $ 3,750,000 October 31, 2020 $1,375,000.00 $ 5,625,000 January 31, 2021 $1,375,000.00 $ 5,625,000 April 30, 2021 $1,375,000.00 July 31, 2021 $1,375,000.00 October 31, 2021 $1,375,000.00 January 31, 2022 $1,375,000.00 April 30, 2022 $1,375,000.00 July 31, 2022 $1,375,000.00 October 31, 2022 $1,375,000.00 January 31, 2023 $1,375,000.00 April 30, 2023 $1,375,000.00 July 31, 2023 $1,375,000.00 October 31, 2023 $1,375,000.00 January 31, 2024 $1,375,000.00 April 30, 2024 $1,375,000.00 $ 5,625,000 Maturity Date Outstanding Principal Balance of Term Loan Maturity Date Remaining outstanding principal balance If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.