Repayment and Amortization of Loans. Evidence of Debt 40 SECTION 2.11. Mandatory Repayments and Prepayments 41 SECTION 2.12. Prepayment of Loans 41 SECTION 2.13. Fees 42 SECTION 2.14. Interest 42 SECTION 2.15. Alternate Rate of Interest; Illegality 43 SECTION 2.16. Increased Costs 44 SECTION 2.17. Break Funding Payments 45
Repayment and Amortization of Loans. The Borrower hereby unconditionally promises to repay the Term Loans on the last day of each calendar quarter (commencing June 30, 2022) in a principal amount equal to (i) for each calendar quarter from (and including) June 30, 2022 through (and including) September 30, 2025, 2.50% of the original principal amount of the Term Loans outstanding on the Effective Date (as such installment amount may be adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(f)) and (ii) for each calendar quarter from (and including) December 31, 2025 and thereafter until the Maturity Date, 3.75% of the original principal amount of the Term Loans outstanding on the Effective Date (as such installment amount may be adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(f)). To the extent not previously repaid, all unpaid Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.
Repayment and Amortization of Loans. The Borrower shall repay the Loans on each Amortization Date, commencing on July 31, 2013, in an amount equal to the then applicable Loan Payment Percentage times the aggregate principal amount of the Loans on the Effective Date (subject to adjustment pursuant to Section 2.10 as a result of prepayments). To the extent not previously paid, all unpaid Loans shall be fully repaid by the Borrower on the Final Maturity Date.
Repayment and Amortization of Loans. (a) Each Borrower shall repay to the Revolving Lenders on the Maturity Date the aggregate principal amount of Revolving Loans owing by such Borrower and outstanding on such date.
(b) The Company shall repay to the Swing Line Lender each Swing Line Loan on the earlier of the Maturity Date and the first Business Day of the next succeeding calendar month after such Swing Line Loan is made and is at least two (2) Business Days after such Swing Line Loan is made; provided that on each date that a Revolving Borrowing to the Company is made, the Company shall repay all Swing Line Loans then outstanding.
(c) The Company shall repay to the Term Loan Lenders on each date set forth below in the aggregate principal amount set forth opposite such date (which amounts shall be reduced as a result of the application of prepayments of the Term Loans in accordance with the terms of Section 2.05): June 30, 2016 $1,562,500 September 30, 2016 $1,562,500 December 31, 2016 $1,562,500 March 31, 2017 $1,562,500 June 30, 2017 $1,562,500 September 30, 2017 $1,562,500 December 31, 2017 $1,562,500 March 31, 2018 $1,562,500 June 30, 2018 $3,125,000 September 30, 2018 $3,125,000 December 31, 2018 $3,125,000 March 31, 2019 $3,125,000 June 30, 2019 $3,125,000 September 30, 2019 $3,125,000 December 31, 2019 $3,125,000 March 31, 2020 $3,125,000 June 30, 2020 $3,125,000 September 30, 2020 $3,125,000 December 31, 2020 $3,125,000 Maturity Date Outstanding Amount of Term Loans provided, however, that the final principal repayment installment of the Term Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of Term Loans outstanding on such date.
Repayment and Amortization of Loans. (i) The Borrower shall pay to the Administrative Agent, for the account of the applicable Lenders, on the last Business Day of each March, June, September and December (or, in the case of the last installment, on the Maturity Date) (each such date being called a “Repayment Date”), commencing on March 31, 2017, a principal amount of the Initial Term Loans equal to 0.625% of the original aggregate principal amount of the Initial Term Loans on the Effective Date (as adjusted from time to time pursuant to Sections 2.07, 2.08(e)).
(ii) The Borrower shall pay to the Administrative Agent, for the account of the applicable Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.07 and 2.08(e)) equal to the amount set forth for such date in the applicable Incremental Term Loan Assumption Agreement.
(iii) The Borrower shall pay to the Administrative Agent, for the account of the applicable Refinancing Term Loan Lenders, on each Refinancing Term Loan Repayment Date, a principal amount of the Refinancing Term Loans (as adjusted from time to time pursuant to Sections 2.07 and 2.08(e)) equal to the amount set forth for such date in the applicable Refinancing Term Loan Amendment.
(iv) The Borrower shall pay to the Administrative Agent, for the account of the applicable Extending Lenders, on each Extended Term Loan Repayment Date, a principal amount of the Extended Term Loans (as adjusted from time to time pursuant to Sections 2.07 and 2.08) equal to the amount set forth for such date in the applicable Extension Offer.
(b) To the extent not previously paid, all Term Loans shall be due and payable on the Maturity Date applicable to such Term Loans, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(c) All repayments pursuant to this Section 2.06 shall be subject to Section 2.12, but shall otherwise be without premium or penalty.
Repayment and Amortization of Loans. Evidence of Debt.
(a) [Reserved].
(b) To the extent not previously paid, all unpaid Loans shall be paid in full in cash by the Borrower on the Maturity Date.
(c) Repayments of Loans shall be accompanied by accrued interest on the amounts repaid.
(d) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.
(e) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, if any, (ii) the amount of any principal or interest (including PIK 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 hereunder for the account of the Lenders and each Lender’s share thereof.
(f) The entries made in the accounts maintained pursuant to paragraph (d) or (e) of this Section shall be prima facie evidence of the existence and amounts of the obligations recorded therein; provided that (x) the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement, and (y) in the event of any conflict between the accounts maintained by the Administrative Agent pursuant to Section 2.10(e) and any Lender’s records pursuant to Section 2.10(d), the accounts maintained by the Administrative Agent pursuant to Section 2.10(e) shall govern and control.
(g) Any Lender may request that Loans made by it and interest thereon be evidenced by a Note. In such event, the Borrower shall prepare, execute and deliver to such Lender a Note payable to such Lender (or, if requested by such Lender, to such Lender and its registered assigns). Thereafter, the Loans evidenced by such Note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more Notes.
Repayment and Amortization of Loans. (a) The Borrowers hereby unconditionally promise to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan of such Lender on the Revolving Loan Maturity Date, and (ii) to the Administrative Agent for the account of each Backstop Lender in accordance with its Applicable Percentage the principal amount of the Backstop Loan on the following dates and in the following amounts: 90 days after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 6 months after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 9 months after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 1 year after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 15 months after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 18 months after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 21 months after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan 2 years after the Backstop Loan Funding Date 12.5% of the original principal amount of the Backstop Loan To the extent not previously paid, all unpaid amounts of the Revolving Loans shall be paid in full in cash by the Borrowers on the Revolving Loan Maturity Date and all unpaid amounts of the Backstop Loan shall be paid in full in cash by the Borrowers on the Backstop Loan Maturity Date, in each case without demand or notice of any kind.
(b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrowers to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.
(c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof 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 Borrowers to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.
(d) The entries made in the accounts maintained pursuant to paragraphs (b) or (c) of...
Repayment and Amortization of Loans. Evidence of Debt) of the Credit Agreement is hereby amended by adding clause (h) thereto immediately following clause (g) as follows:
Repayment and Amortization of Loans. Evidence of Debt; Term-Out Option 5961 SECTION 2.11 Prepayment of Loans. 6163 SECTION 2.12 Fees 6264 SECTION 2.13 Interest 6365 SECTION 2.14 Alternate Rate of Interest 6366 SECTION 2.15 Increased Costs 6668 SECTION 2.16 Break Funding Payments 6770
Repayment and Amortization of Loans. Evidence of Debt 71 SECTION 2.11. Prepayment of Loans 72 SECTION 2.12. Fees 74 SECTION 2.13. Interest 74 SECTION 2.14. Alternate Rate of Interest; Laws Affecting Availability 75 SECTION 2.15. Increased Costs 77 SECTION 2.16. Break Funding Payments 79 SECTION 2.17. Taxes 79 SECTION 0.00X.XX Tax. 82 SECTION 2.17B.VAT. 85 SECTION 2.17C.Certain Swiss Tax Matters. 86
