Payment of Loans; Evidence of Debt. (a) Borrower agrees to pay to the Administrative Agent, for the benefit of the Lenders, the outstanding principal and interest due on the Loans on the Maturity Date or upon such earlier date on which the Obligations are accelerated pursuant to the terms of this Agreement.
Payment of Loans; Evidence of Debt. (a) [Reserved].
Payment of Loans; Evidence of Debt. (a) Each Borrower, jointly and severally, agrees to pay to the Administrative Agent, for the benefit of the Lenders, on the Maturity Date, the aggregate amount of all outstanding Loans.
Payment of Loans; Evidence of Debt. (a) Borrowers agree to pay to Administrative Agent, for the benefit of the Lenders, or to Lenders, at the direction of each Lender, the(i) commencing on May 31, 2023, and on each Payment Date occurring thereafter, a principal repayment in an amount equal to the Amortization Amount on such Payment Date; and (ii) the remaining outstanding principal and interest due on the Loans on the Maturity Date or upon such earlier date on which the Obligations are accelerated pursuant to the terms of this Agreement.
Payment of Loans; Evidence of Debt. (a) The Borrower agrees to pay to the Administrative Agent, for the benefit of the Lenders, on each of the dates set forth below (each a “Term Loan Repayment Date”), the principal of the Term Loan in an amount set forth opposite such date (each a “Term Loan Repayment Amount”) (which Term Loan Repayment Amount may be reduced as a result of, and after giving effect to, the application of prepayments under Sections 2.06(e)(i), 4.01 and 4.02 in accordance with the order of priority set forth in Section 4.01 and Section 4.02(c), as applicable). Term Loan Repayment Date Term Loan Repayment Amount Each of March 31, 2017, June 30, 2017, September 30, 2017 and December 31, 2017 $ 250,000 Each of March 31, 2018, June 30, 2018, September 31, 2018 and December 31, 2018 $ 500,000
Payment of Loans; Evidence of Debt. (a) The Borrower agrees to repay to the Lenders, on the Maturity Date, all then outstanding Term Loans, Incremental Term Loans and Revolving Loans.
Payment of Loans; Evidence of Debt. (a) The Borrower agrees to pay to the Administrative Agent, for the benefit of the applicable Lenders, on the Maturity Date, all then outstanding principal amount of Term Loans. Scheduled installments for Incremental Term Loans shall be as specified in the applicable amendment or joinder agreement.
Payment of Loans; Evidence of Debt. (a) Borrower agrees to pay to the Administrative Agent, for the benefit of the Lenders, on the Maturity Date, the aggregate amount of all outstanding Term Loans. (b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Indebtedness of the Borrower to the appropriate lending office of such Lender resulting from each Loan made by such lending office of such Lender from time to time, including the amounts of principal and interest payable and paid to such lending office of such Lender from time to time under this Agreement. (c) The Borrower agrees that from time to time on and after the Closing Date, upon the request to Administrative Agent by any Lender, at Borrower’s own expense, the Borrower will execute and deliver to such Lender a Note, evidencing the Loans made by, and payable to such Lender or registered assigns in a maximum principal amount equal to such Lender’s applicable Initial Term Loan Commitment, DDTL Commitment. The Administrative Agent shall maintain the Register pursuant to Section 12.06(b)(iv), and a subaccount for each Lender, in which Register and subaccounts (taken together) shall be recorded (i) the amount of each Loan made hereunder, the Type of each Loan made and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent from the Borrower and each Lender’s share thereof. (d) The entries made in the Register and accounts and subaccounts maintained pursuant to paragraphs (c) and (d) of this Section 2.05 shall, to the extent permitted by Applicable Law, be prima facie evidence of the existence and amounts of the obligations of the DB1/ 110631747.4 44 DMSLIBRARY01\28390\059001\36918934.v2-5/20/20
Payment of Loans; Evidence of Debt. (a) The Borrower agrees to pay to the Administrative Agent, for the benefit of the Lenders, on each of the dates set forth below (each a “Term Loan Repayment Date”), the principal of the Term Loan in an amount set forth opposite such date (each a “Term Loan Repayment Amount”) (which Term Loan Repayment Amount may be reduced as a result of, and after giving effect to, the application of prepayments under Sections 4.01 and 4.02 in accordance with the order of priority set forth in Section 4.01 and Section 4.02(c), as applicable). Term Loan Repayment Date Term Loan Repayment Amount Each of January 1, 2016, April 1, 2016, July 1, 2016 and October 1, 2016 $ 150,000 Each of January 1, 2017, April 1, 2017, July 1, 2017 and October 1, 2017 $ 500,000 For the avoidance of doubt, the Administrative Agent and the Lenders agree that all Term Loan Repayment Amounts are payable without Prepayment Premium.
Payment of Loans; Evidence of Debt. (a) The Borrower agrees to pay to the Administrative Agent, for the benefit of the Lenders, on the last day of each calendar quarter commencing on December 31, 2021, the principal amount of the Term Loans in an amount equal to 25% of the original principal amount of the Term Loans funded hereunder (the “Amortization Amount”); provided, that, to the extent that any Amortization Extension Period Condition has been satisfied by the Borrower prior to December 31, 2021, no payments under this Section 2.05(a) shall be due prior to June 30, 2022 and the Amortization Amount shall equal 50% of the original principal amount of the Term Loans funded hereunder. Each Amortization Amount shall be reduced as a result of (and after giving effect to) the application of prepayments in accordance with Section 5.01 and 5.02. The entire remaining principal balance of the outstanding Term Loans shall be due and payable on the Maturity Date.
