Principal Payment Amounts Sample Clauses

Principal Payment Amounts. On each Principal Payment Date during the term of this Agreement, the Borrowers shall repay the Loans in an amount equal to the Principal Payment Amount. The aggregate principal balances of the Loans, together with accrued interest thereon and all other amounts owed by the Borrowers pursuant to the terms of the Loan Documents, shall be payable in full on the earlier to occur of (i) the scheduled Maturity Date and (ii) the date on which the Liabilities have been declared payable in accordance with the provisions of Section 12.2
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Principal Payment Amounts. 31 4.2 Interest.................................................................................................................. 31 4.3
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Principal Payment Amounts. On each Principal Payment Date, the Borrower shall repay each of the Term Loans in an amount equal to the Principal Payment Amount for such Principal Payment Date. The aggregate Principal Balance of all Term Loans, together with accrued interest thereon and all other amounts owed by the Borrower pursuant to the terms of the Loan Documents, shall be payable in full by the Borrower on the earlier to occur of (i) the Maturity Date and (ii) the date on which the Obligations have been declared payable in accordance with the provisions of §13 hereto. The payments made pursuant to this §3.1 shall be paid to the Lenders on a pro rata basis based on their respective unpaid Principal Balances of their Loans.
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Principal Payment Amounts. 3.1.1. The Borrower shall repay the principal balance of the Term Loans in twenty (20) quarterly installments, consisting of (i) nineteen (19) quarterly installments, commencing on December __, 2014 and on each subsequent Principal Payment Date (other than the Maturity Date), each in an amount equal to Two Million, Two Hundred Fifty Thousand Dollars ($2,250,000) and (ii) one installment payable on the Maturity Date in an amount equal to One Hundred Seven Million, Two Hundred Fifty Thousand Dollars ($107,250,000). Each such payment shall be applied to the Term Loans of the Lenders ratably in accordance with their pro rata share of the outstanding Term Loans.
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Principal Payment Amounts. Obligor shall pay to Holder the following amounts until such time that the unpaid outstanding principal amount under this Note is paid in full:
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Principal Payment Amounts. 3.1.1. The Borrower shall repay the principal balance of the Term Loans in twenty (20) quarterly installments (each, a “Scheduled Principal Payment”), consisting of (i) twenty (20) quarterly installments, commencing on December 20, 2018 and on each subsequent Principal Payment Date each in an amount equal to One Million, Five Hundred Thousand Dollars ($1,500,000.00) and (ii) one installment (the “Balloon Payment”) payable on the Maturity Date in an amount equal to Seventy Million Dollars ($70,000,000.00). The amount of each Scheduled Principal Payment and the Balloon Payment shall be adjusted from time to time in accordance with §3.2.2 of this Credit Agreement. Each such payment shall be applied to the Term Loans of each Lender in accordance with their respective Commitment Percentage.
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Related to Principal Payment Amounts

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Payment Amount Each Restricted Stock Unit represents one (1) Share of Common Stock.

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Scheduled Principal Payments The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Mandatory Principal Payments If, on any day, the Total Outstandings exceed the Maximum Loan Amount, then the Borrower shall make a principal payment to Administrative Agent in the amount of such excess, in immediately available funds within ten (10) Business Days of demand from the Administrative Agent (a “Mandatory Principal Payment”); with such payment being applied to the principal balances due hereunder is such fashion as the Borrower may designate; provided, however, that if during such ten (10) Business Day period, the Borrower delivers to the Administrative Agent Funding Evidence, such ten (10) Business Day period shall be extended for such additional time as the Administrative Agent determines, in its reasonable discretion, to be required by the Borrower to make the Mandatory Principal Payment but in no event shall such period exceed a maximum of sixty (60) days from the date that the Mandatory Principal Payment would otherwise be due hereunder.

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