Common use of Repayment and Amortization of Loans; Evidence of Debt Clause in Contracts

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 31, 2015 $6,250,000.00 June 30, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 December 31, 2015 $9,375,000.00 The Company shall repay the U.S. Term Loans on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):

Appears in 2 contracts

Samples: And Restatement Agreement (LKQ Corp), And Restatement Agreement (LKQ Corp)

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Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) five Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company Borrowers shall repay all Swingline Loans then outstanding. The Company Borrowers shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(c)): Date Amount September 30, 2011 $3,125,000.00 1,875,000 December 31, 2011 $3,125,000.00 1,875,000 March 31, 2012 $3,125,000.00 1,875,000 June 30, 2012 $3,125,000.00 1,875,000 September 30, 2012 $3,125,000.00 3,750,000 December 31, 2012 $3,125,000.00 3,750,000 March 31, 2013 $3,125,000.00 3,750,000 June 30, 2013 $6,250,000.00 3,750,000 September 30, 2013 $6,250,000.00 3,750,000 December 31, 2013 $6,250,000.00 3,750,000 March 31, 2014 $6,250,000.00 3,750,000 June 30, 2014 $6,250,000.00 3,750,000 September 30, 2014 $6,250,000.00 5,625,000 December 31, 2014 $6,250,000.00 5,625,000 March 31, 2015 $6,250,000.00 5,625,000 June 30, 2015 $9,375,000.00 5,625,000 September 30, 2015 $9,375,000.00 7,500,000 December 31, 2015 $9,375,000.00 The Company shall repay 7,500,000 March 31, 2016 $7,500,000 To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrowers on each date set forth below in the aggregate principal amount equal to Maturity Date. For the percentage avoidance of doubt, any Incremental Term Loan is not a Term Loan for the aggregate original principal amount purposes of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to this Section 2.11(a)):2.10.

Appears in 1 contract

Samples: Credit Agreement (Wellcare Health Plans, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower . (a) The Company hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Revolving Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th fifteenth (15th) or last day of a calendar month and that is at least two five (25) Business Days after such Swingline Loan is made; provided provided, that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding and the proceeds of any such Borrowing shall be applied by the Administrative Agent to repay any Swingline Loans outstanding. The Company shall repay the Initial Term A-1 Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): 2.11) and in the currency of such Term A-1 Loan: Date Amount September 30, 2011 2018 $3,125,000.00 4,375,000 December 31, 2011 2018 $3,125,000.00 4,375,000 March 31, 2012 2019 $3,125,000.00 4,375,000 June 30, 2012 2019 $3,125,000.00 4,375,000 September 30, 2012 2019 $3,125,000.00 4,375,000 December 31, 2012 2019 $3,125,000.00 4,375,000 March 31, 2013 2020 $3,125,000.00 4,375,000 June 30, 2013 2020 $6,250,000.00 4,375,000 September 30, 2013 2020 $6,250,000.00 4,375,000 December 31, 2013 2020 $6,250,000.00 4,375,000 March 31, 2014 2021 $6,250,000.00 4,375,000 June 30, 2014 2021 $6,250,000.00 4,375,000 September 30, 2014 2021 $6,250,000.00 4,375,000 December 31, 2014 2021 $6,250,000.00 4,375,000 March 31, 2015 2022 $6,250,000.00 4,375,000 June 30, 2015 2022 $9,375,000.00 4,375,000 September 30, 2015 2022 $9,375,000.00 70,000,000 December 31, 2015 2022 $9,375,000.00 70,000,000 March 31, 2023 $70,000,000 Maturity Date The remaining unpaid principal balance of the Term A-1 Loans The Company shall repay the U.S. Term A-2 Loans on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):2.11) and in the currency of such Term A-2 Loan: Date Amount March 31, 2021 $1,875,000 June 30, 2021 $1,875,000 September 30, 2021 $1,875,000 December 31, 2021 $1,875,000 March 31, 2022 $1,875,000 June 30, 2022 $1,875,000 September 30, 2022 $30,000,000 December 31, 2022 $30,000,000 March 31, 2023 $30,000,000 Maturity Date The remaining unpaid principal balance of the Term A-2 Loans To the extent not previously repaid, all unpaid Term A-1 Loans and all unpaid Term A-2 Loans shall be paid in full in U.S. Dollars by the Company on the Maturity Date. 44

Appears in 1 contract

Samples: Credit Agreement (Haemonetics Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (x) the Maturity Date and (y) the first date that is at least two (2) Business Days after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two but no later than ten (210) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company Borrower shall repay all Swingline Loans then outstanding. The Company Borrower shall repay the Initial Term Loans on the last date of the fiscal quarter of the Borrower ending on or about each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): ). Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March July 31, 2015 $6,250,000.00 June 30, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 December 2,500,000 October 31, 2015 $9,375,000.00 The Company shall repay 2,500,000 January 31, 2016 $2,500,000 April 30, 2016 $2,500,000 July 31, 2016 $2,500,000 October 31, 2016 $2,500,000 January 31, 2017 $2,500,000 April 30, 2017 $2,500,000 July 31, 2017 $3,750,000 October 31, 2017 $3,750,000 January 31, 2018 $3,750,000 April 30, 2018 $3,750,000 July 31, 2018 $3,750,000 October 31, 2018 $3,750,000 January 31, 2019 $3,750,000 April 30, 2019 $3,750,000 July 31, 2019 $3,750,000 October 31, 2019 $3,750,000 January 31, 2020 $3,750,000 CH\2058888.7 To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Chicos Fas Inc)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Revolving Credit Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Credit Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 625,000 September 30, 2012 $3,125,000.00 625,000 December 31, 2012 $3,125,000.00 625,000 March 31, 2013 $3,125,000.00 625,000 June 30, 2013 $6,250,000.00 625,000 September 30, 2013 $6,250,000.00 625,000 December 31, 2013 $6,250,000.00 625,000 March 31, 2014 $6,250,000.00 625,000 June 30, 2014 $6,250,000.00 625,000 September 30, 2014 $6,250,000.00 625,000 December 31, 2014 $6,250,000.00 625,000 March 31, 2015 $6,250,000.00 625,000 June 30, 2015 $9,375,000.00 625,000 September 30, 2015 $9,375,000.00 625,000 December 31, 2015 $9,375,000.00 The Company shall repay 625,000 March 31, 2016 $625,000 June 30, 2016 $625,000 September 30, 2016 $625,000 December 31, 2016 $625,000 March 2, 2017 $625,000 36 To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Photronics Inc)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) five Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company Borrowers shall repay all Swingline Loans then outstanding. The Company Borrowers shall repay the Initial Original Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(c)): Date Amount September 30, 2011 $3,125,000.00 1,875,000 December 31, 2011 $3,125,000.00 1,875,000 March 31, 2012 $3,125,000.00 1,875,000 June 30, 2012 $3,125,000.00 1,875,000 September 30, 2012 $3,125,000.00 3,750,000 December 31, 2012 $3,125,000.00 3,750,000 March 31, 2013 $3,125,000.00 3,750,000 June 30, 2013 $6,250,000.00 3,750,000 September 30, 2013 $6,250,000.00 3,750,000 December 31, 2013 $6,250,000.00 3,750,000 March 31, 2014 $6,250,000.00 3,750,000 June 30, 2014 $6,250,000.00 3,750,000 September 30, 2014 $6,250,000.00 5,625,000 December 31, 2014 $6,250,000.00 5,625,000 March 31, 2015 $6,250,000.00 5,625,000 June 30, 2015 $9,375,000.00 5,625,000 September 30, 2015 $9,375,000.00 7,500,000 December 31, 2015 $9,375,000.00 7,500,000 March 31, 2016 $7,500,000 June 30, 2016 $7,500,000 The Company Borrowers shall repay the U.S. Additional Term Loans on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a) and Section 2.11(c)):): Date Amount March 31, 2013 $5,750,000 June 30, 2013 $5,750,000 September 30, 2013 $5,750,000 December 31, 2013 $5,750,000 March 31, 2014 $5,750,000 June 30, 2014 $5,750,000 September 30, 2014 $5,750,000 December 31, 2014 $5,750,000 March 31, 2015 $8,625,000 June 30, 2015 $8,625,000 September 30, 2015 $8,625,000 December 31, 2015 $8,625,000 March 31, 2016 $11,500,000 June 30, 2016 $11,500,000 4 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrowers on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Wellcare Health Plans, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Revolving Credit Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Credit Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 31, 2015 $6,250,000.00 June 30, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 3,750,000 December 31, 2015 $9,375,000.00 The Company shall repay 3,750,000 March 31, 2016 $3,750,000 June 30, 2016 $3,750,000 September 30, 2016 $3,750,000 December 31, 2016 $3,750,000 March 31, 2017 $3,750,000 June 30, 2017 $3,750,000 September 30, 2017 $3,750,000 December 31, 2017 $3,750,000 March 31, 2018 $3,750,000 June 30, 2018 $3,750,000 September 30, 2018 $7,500,000 December 31, 2018 $7,500,000 March 31, 2019 $7,500,000 June 30, 2019 $7,500,000 September 30, 2019 $11,250,000 December 31, 2019 $11,250,000 To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Coach Inc)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days Dates after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstandingOutstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): date: Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 $ 1,875,000 June 30, 2012 $3,125,000.00 $ 1,875,000 September 30, 2012 $3,125,000.00 $ 1,875,000 December 31, 2012 $3,125,000.00 $ 1,875,000 March 31, 2013 $3,125,000.00 $ 2,812,500 June 30, 2013 $6,250,000.00 $ 2,812,500 September 30, 2013 $6,250,000.00 $ 2,812,500 December 31, 2013 $6,250,000.00 $ 2,812,500 March 31, 2014 $6,250,000.00 $ 3,750,000 June 30, 2014 $6,250,000.00 $ 3,750,000 September 30, 2014 $6,250,000.00 $ 3,750,000 December 31, 2014 $6,250,000.00 $ 3,750,000 March 31, 2015 $6,250,000.00 $ 4,687,500 June 30, 2015 $9,375,000.00 $ 4,687,500 September 30, 2015 $9,375,000.00 $ 4,687,500 December 31, 2015 $9,375,000.00 The Company shall repay $ 4,687,500 March 31, 2016 $ 5,625,000 June 30, 2016 $ 5,625,000 September 30, 2016 $ 5,625,000 December 31, 2016 $ 5,625,000 To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Fuller H B Co)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company ASP shall repay the Initial Term Loans on each date set forth below (subject to adjustment pursuant to Section 2.18(a)) in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount September November 30, 2010 $ 1,875,000 February 28, 2011 $ 1,875,000 May 31, 2011 $ 1,875,000 August 31, 2011 $ 1,875,000 35 November 30, 2011 $3,125,000.00 December 31$ 1,875,000 February 29, 2011 $3,125,000.00 March 2012 $ 1,875,000 May 31, 2012 $3,125,000.00 June $ 1,875,000 August 31, 2012 $ 1,875,000 November 30, 2012 $3,125,000.00 September 30$ 2,812,500 February 28, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 2013 $ 2,812,500 May 31, 2013 $3,125,000.00 June $ 2,812,500 August 31, 2013 $ 2,812,500 November 30, 2013 $6,250,000.00 September 30$ 2,812,500 February 28, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 2014 $ 2,812,500 May 31, 2014 $6,250,000.00 June $ 2,812,500 August 31, 2014 $ 2,812,500 November 30, 2014 $6,250,000.00 September 30$ 9,375,000 February 28, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 2015 $ 9,375,000 May 31, 2015 $6,250,000.00 June 30$ 9,375,000 To the extent not previously repaid, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 December 31, 2015 $9,375,000.00 The Company shall repay the U.S. all unpaid Term Loans shall be paid in full in Dollars by ASP on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Zep Inc.)

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Repayment and Amortization of Loans; Evidence of Debt. (a) Each The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Revolving Loan and (ii) in the case of the Company, to the gsdocs\8126959.10 Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th fifteenth (15th) or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company Borrower shall repay all Swingline Loans then outstanding. The Company Borrower shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): 2.11) and in U.S. Dollars: gsdocs\8126959.10 Date Amount September 30February 28, 2011 2015 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 1,875,000 May 31, 2015 $6,250,000.00 June 1,875,000 August 31, 2015 $1,875,000 November 30, 2015 $9,375,000.00 September 1,875,000 February 29, 2016 $1,875,000 May 31, 2016 $1,875,000 August 31, 2016 $1,875,000 November 30, 2015 2016 $9,375,000.00 December 1,875,000 February 28, 2017 $3,750,000 May 31, 2015 2017 $9,375,000.00 3,750,000 August 31, 2017 $3,750,000 November 30, 2017 $3,750,000 February 28, 2018 $3,750,000 May 31, 2018 $3,750,000 August 31, 2018 $3,750,000 November 30, 2018 $3,750,000 February 28, 2019 $5,625,000 May 31, 2019 $5,625,000 August 31, 2019 $5,625,000 Maturity Date The Company shall repay remaining unpaid principal balance of the U.S. Term Loans To the extent not previously repaid, all unpaid Term Loans shall be paid in full by the Borrower on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Progress Software Corp /Ma)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each 2012 Revolving Loan made to such Borrower on the 2012 Revolving Credit Maturity Date in and each 2014 Revolving Loan on the currency of such Loan 2014 Revolving Credit Maturity Date, and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on or before the earlier of fifth (5th) Business Day after the Maturity Date and the first date after on which such Swingline Loan is made that is or such later date to which the 15th or last day of a calendar month Swingline Lender and is at least two (2) Business Days after such Swingline Loan is made; provided that the Borrower agree and, in any event, on each date that a Dollar Tranche the 2012 Revolving Borrowing is madeCredit Maturity Date and, following the Company shall repay all Swingline Loans then outstanding2012 Revolving Credit Maturity Date, on the 2014 Revolving Credit Maturity Date. The Company Borrower shall repay the Initial Incremental Term Loans as set forth in the applicable Commitment and Acceptance in accordance with Section 2.04. The Borrower shall (i) repay the 2012 Tranche A Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a2.11(e)): Date Amount June 30, 2010 $ 7,613,576.46 September 30, 2010 $ 7,613,576.46 December 31, 2010 $ 7,613,576.46 March 31, 2011 $ 7,613,576.46 June 30, 2011 $ 35,530,032.48 September 30, 2011 $3,125,000.00 $ 35,530,032.48 December 31, 2011 $3,125,000.00 March 31, $ 35,530,032.48 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 31, 2015 $6,250,000.00 June 30, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 December 31, 2015 $9,375,000.00 The Company shall Revolving Credit Maturity Date $ 35,530,032.48 and (ii) repay the U.S. 2014 Tranche A Term Loans on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a2.11(e)):): Date Amount September 30, 2010 $ 13,780,320.00 December 31, 2010 $ 13,780,320.00 March 31, 2011 $ 13,780,320.00 June 30, 2011 $ 13,780,320.00 September 30, 2011 $ 13,780,320.00 December 31, 2011 $ 13,780,320.00 March 31, 2012 $ 13,780,320.00 June 30, 2012 $ 82,681,920.02 September 30, 2012 $ 82,681,920.02 December 31, 2012 $ 82,681,920.02 March 31, 2013 $ 82,681,920.02 June 30, 2013 $ 82,681,920.02 September 30, 2013 $ 82,681,920.02 December 31, 2013 $ 82,681,920.02 2014 Revolving Credit Maturity Date $ 427,189,920.10 To the extent not previously repaid, all unpaid 2012 Tranche A Term Loans shall be repaid in full in cash by the Borrower on the 2012 Revolving Credit Maturity Date. To the extent not previously repaid, all unpaid 2014 Tranche A Term Loans shall be repaid in full in cash by the Borrower on the 2014 Revolving Credit Maturity Date. In addition, the Borrower shall (i) repay the 0000 Xxxxxxx X Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about June 30, 2010) in an aggregate principal amount equal to $1,784,704.69 (as adjusted from time to time pursuant to Section 2.11(e)), (ii) repay the 0000 Xxxxxxx X Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about September 30, 2010) in an aggregate principal amount equal to $1,230,983.02 (as adjusted from time to time pursuant to Section 2.11(e)) and (iii) repay the 0000 Xxxxxxx X Term Loans on the last day of each calendar quarter (commencing with the calendar quarter ending on or about September 30, 2010) in an aggregate principal amount equal to $1,402,853.43 (as adjusted from time to time pursuant to Section 2.11(e)). To the extent not previously repaid, all unpaid 2014 Tranche B Term Loans shall be repaid in full in cash by the Borrower on the 2014 Tranche B Maturity Date. To the extent not previously repaid, all unpaid 2016 Tranche B Term Loans shall be repaid in full in cash by the Borrower on the 0000 Xxxxxxx X Maturity Date. To the extent not previously repaid, all unpaid 2017 Tranche B Term Loans shall be repaid in full in cash by the Borrower on the 0000 Xxxxxxx X Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Dean Foods Co)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Revolving Credit Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Credit Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below (subject to adjustment pursuant to Section 2.18(a)) in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount June 30, 2011 $ 7,500,000 September 30, 2011 $3,125,000.00 $ 7,500,000 December 31, 2011 $3,125,000.00 $ 7,500,000 March 3130, 2012 $3,125,000.00 $ 7,500,000 June 30, 2012 $3,125,000.00 $ 18,750,000 September 30, 2012 $3,125,000.00 $ 18,750,000 December 31, 2012 $3,125,000.00 March 31$ 37,500,000 To the extent not previously repaid, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 December 31, 2014 $6,250,000.00 March 31, 2015 $6,250,000.00 June 30, 2015 $9,375,000.00 September 30, 2015 $9,375,000.00 December 31, 2015 $9,375,000.00 The Company shall repay the U.S. all unpaid Term Loans shall be paid in full in Dollars by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bruker Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): Date Amount June 30, 2011 $ 3,125,000.00 September 30, 2011 $$ 3,125,000.00 December 31, 2011 $$ 3,125,000.00 March 31, 2012 $$ 3,125,000.00 June 30, 2012 $$ 3,125,000.00 September 30, 2012 $$ 3,125,000.00 December 31, 2012 $$ 3,125,000.00 March 31, 2013 $$ 3,125,000.00 June 30, 2013 $$ 6,250,000.00 September 30, 2013 $$ 6,250,000.00 December 31, 2013 $$ 6,250,000.00 March 31, 2014 $$ 6,250,000.00 June 30, 2014 $$ 6,250,000.00 September 30, 2014 $$ 6,250,000.00 December 31, 2014 $$ 6,250,000.00 March 31, 2015 $$ 6,250,000.00 June 30, 2015 $$ 9,375,000.00 September 30, 2015 $$ 9,375,000.00 December 31, 2015 $$ 9,375,000.00 The Company shall repay To the U.S. extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (LKQ Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) Each Borrower The Company hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made to such Borrower on the Maturity Date in the currency of such Revolving Loan and (ii) in the case of the Company, to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th fifteenth (15th) or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided provided, that on each date that a Dollar Tranche Revolving Borrowing is made, the Company shall repay all Swingline Loans then outstanding. The Company shall repay the Initial Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (as adjusted from time to time pursuant to Section 2.11(a)): 2.11) and in the currency of such Term Loan: Date Amount September 30, 2011 $3,125,000.00 December 31, 2011 $3,125,000.00 March 31, 2012 $3,125,000.00 June 30, 2012 $3,125,000.00 September 30, 2012 $3,125,000.00 December 31, 2012 $3,125,000.00 March 31, 2013 $3,125,000.00 June 30, 2013 $6,250,000.00 September 30, 2013 $6,250,000.00 December 31, 2013 $6,250,000.00 March 31, 2014 $6,250,000.00 June 30, 2014 $6,250,000.00 September 30, 2014 $6,250,000.00 0 December 31, 2014 $6,250,000.00 0 March 31, 2015 $6,250,000.00 0 June 30, 2015 $9,375,000.00 0 September 30, 2015 $9,375,000.00 7,113,867 December 31, 2015 $9,375,000.00 7,113,867 March 31, 2016 $7,113,867 June 30, 2016 $7,113,867 September 30, 2016 $11,856,445 December 31, 2016 $11,856,445 March 31, 2017 $11,856,445 June 30, 2017 $11,856,445 September 30, 2017 $16,599,023 December 31, 2017 $16,599,023 March 31, 2018 $16,599,023 June 30, 2018 $16,599,023 September 30, 2018 $59,282,227 December 31, 2018 $59,282,227 March 31, 2019 $59,282,227 Maturity Date The Company shall repay remaining unpaid principal balance of the U.S. Term Loans 41 To the extent not previously repaid, all unpaid Term Loans shall be paid in full by the Company on each date set forth below in the aggregate principal amount equal to the percentage of the aggregate original principal amount of the UK Terms Loans set opposite such date (as adjusted from time to time pursuant to Section 2.11(a)):Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Haemonetics Corp)

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