Common use of Principal Payment Amounts Clause in Contracts

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

Appears in 2 contracts

Samples: Term Loan Agreement (Triton International LTD), Term Loan Agreement (Triton International LTD)

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Principal Payment Amounts. On each Principal Payment Date during the term of this Agreement, the Borrowers Borrower 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 Borrower 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 12.2shall

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Triton International LTD)

Principal Payment Amounts. On each Principal Payment Date during the term of this AgreementDate, the Borrowers Borrower shall repay the Term Loans in an amount equal to the Principal Payment Amount. The aggregate principal balances Principal Balance of the Term Loans, together with accrued interest thereon and all other amounts owed by the Borrowers Borrower 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 Obligations have been declared payable in accordance with the provisions of Section 12.213 hereto.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

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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 12.212.2 hereto. 4.2

Appears in 1 contract

Samples: Term Loan Agreement (Triton International LTD)

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