Common use of Maturity Date and Amortization Clause in Contracts

Maturity Date and Amortization. All Tranche B-4 Term Loans shall mature and be payable in full on March 11, 2021 and shall have quarterly amortization as set forth in Section 2.3 of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement and Second Amendment (KAR Auction Services, Inc.)

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Maturity Date and Amortization. All Tranche B-4 B-6 Term Loans shall mature and be payable in full on March 11September 19, 2021 2026 and shall have quarterly amortization as set forth in Section 2.3 of the Credit Agreement.

Appears in 1 contract

Samples: Third Amendment Agreement (KAR Auction Services, Inc.)

Maturity Date and Amortization. All Tranche B-4 B-3 Term Loans shall mature and be payable in full on March 11, 2021 the date that is seven years after the Incremental Effective Date and shall have quarterly amortization as set forth in Section 2.3 of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement (KAR Auction Services, Inc.)

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Maturity Date and Amortization. All Tranche B-4 B-5 Term Loans shall mature and be payable in full on March 119, 2021 2023 and shall have quarterly amortization as set forth in Section 2.3 of the Credit Agreement.

Appears in 1 contract

Samples: Incremental Commitment Agreement and Second Amendment (KAR Auction Services, Inc.)

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