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

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 June 30, 2014 $4,375,000 September 30, 2014 $4,375,000 December 31, 2014 $4,375,000 March 31, 2015 $4,375,000 June 30, 2015 $4,375,000 39 September 30, 2015 $4,375,000 December 31, 2015 $4,375,000 March 31, 2016 $4,375,000 June 30, 2016 $8,750,000 September 30, 2016 $8,750,000 December 31, 2016 $8,750,000 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Microchip Technology Inc)

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Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 December 31, 2011 $4,375,000 March 31, 2012 $4,375,000 June 30, 2012 $4,375,000 September 30, 2012 $4,375,000 December 31, 2012 $8,750,000 March 31, 2013 $8,750,000 June 30, 2013 $8,750,000 September 30, 2013 $8,750,000 December 31, 2013 $13,125,000 March 31, 2014 $13,125,000 June 30, 2014 $4,375,000 13,125,000 September 30, 2014 $4,375,000 13,125,000 December 31, 2014 $4,375,000 17,500,000 March 31, 2015 $4,375,000 17,500,000 June 30, 2015 $4,375,000 39 17,500,000 September 30, 2015 $4,375,000 17,500,000 December 31, 2015 $4,375,000 43,750,000 March 31, 2016 $4,375,000 43,750,000 June 30, 2016 $8,750,000 43,750,000 September 30, 2016 $8,750,000 December 31, 2016 $8,750,000 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 43,750,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Par Pharmaceutical Companies, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay outstanding 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): Date Amount March 31, 2012 $1,250,000 June 30, 2012 $1,250,000 September 30, 2012 $1,250,000 December 31, 2012 $1,250,000 March 31, 2013 $2,500,000 June 30, 2013 $2,500,000 September 30, 2013 $2,500,000 December 31, 2013 $2,500,000 March 31, 2014 $3,750,000 June 30, 2014 $4,375,000 3,750,000 September 30, 2014 $4,375,000 3,750,000 December 31, 2014 $4,375,000 3,750,000 March 31, 2015 $4,375,000 5,000,000 June 30, 2015 $4,375,000 39 5,000,000 September 30, 2015 $4,375,000 5,000,000 December 31, 2015 $4,375,000 5,000,000 March 31, 2016 $4,375,000 12,500,000 June 30, 2016 $8,750,000 12,500,000 September 30, 2016 $8,750,000 December 31, 2016 $8,750,000 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 12,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Universal Corp /Va/)

Repayment and Amortization of Loans; Evidence of Debt. (a) The a)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 on the Maturity Date in the currency of such Loan Date, and (ii) 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 Loan is made, the Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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(a2.11(d)): Date Amount September 30, 2008 $ 625,000 December 31, 2008 $ 625,000 March 31, 2009 $ 625,000 June 30, 2014 $4,375,000 2009 $ 625,000 September 30, 2014 $4,375,000 2009 $ 1,250,000 December 31, 2014 $4,375,000 2009 $ 1,250,000 March 31, 2015 $4,375,000 2010 $ 1,250,000 June 30, 2015 $4,375,000 39 2010 $ 1,250,000 September 30, 2015 $4,375,000 2010 $ 1,250,000 December 31, 2015 $4,375,000 2010 $ 1,250,000 March 31, 2016 $4,375,000 2011 $ 1,250,000 June 30, 2016 $8,750,000 2011 $ 1,250,000 September 30, 2016 $8,750,000 2011 $ 1,250,000 December 31, 2016 $8,750,000 2011 $ 1,250,000 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 2012 $ 1,250,000 To the extent not previously repaidpaid, all unpaid Term Loans shall be paid in full in Dollars cash by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Myr Group Inc)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 June August 31, 2012 $ 1,875,000 November 30, 2012 $ 1,875,000 February 28, 2013 $ 1,875,000 May 31, 2013 $ 1,875,000 August 31, 2013 $ 1,875,000 November 30, 2013 $ 1,875,000 February 28, 2014 $ 1,875,000 May 31, 2014 $ 1,875,000 August 31, 2014 $ 5,625,000 November 30, 2014 $4,375,000 September 30$ 5,625,000 February 28, 2014 $4,375,000 December 31, 2014 $4,375,000 March 2015 $ 5,625,000 May 31, 2015 $4,375,000 June $ 5,625,000 August 31, 2015 $ 9,375,000 November 30, 2015 $4,375,000 39 September 30$ 9,375,000 February 29, 2015 $4,375,000 December 31, 2015 $4,375,000 March 2016 $ 9,375,000 May 31, 2016 $4,375,000 June $ 9,375,000 August 31, 2016 $ 10,000,000 November 30, 2016 $8,750,000 September 30, 2016 $8,750,000 December 31, 2016 $8,750,000 March 31$ 10,000,000 February 28, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 $ 10,000,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Angiodynamics Inc)

Repayment and Amortization of Loans; Evidence of Debt. (a) The a)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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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(d)): Date Amount June 30, 2014 $4,375,000 September 30, 2014 $4,375,000 December 31, 2014 $4,375,000 March 31, 2015 $4,375,000 June 30, 2015 $4,375,000 39 September 30, 2015 $4,375,000 687,500 December 31, 2015 $4,375,000 687,500 March 31, 2016 $4,375,000 687,500 June 30, 2016 $8,750,000 687,500 September 30, 2016 $8,750,000 1,031,250 December 31, 2016 $8,750,000 1,031,250 March 31, 2017 $8,750,000 1,031,250 June 30, 2017 $8,750,000 1,031,250 September 30, 2017 $8,750,000 1,031,250 December 31, 2017 $8,750,000 1,031,250 March 31 ,2018 $1,031,250 June 30, 2018 $1,031,250 September 30, 2018 $1,375,000 December 31, 2018 $8,750,000 1,375,000 March 31, 2019 $1,375,000 June 30, 2019 $1,375,000 September 30, 2019 $1,375,000 December 31, 2019 $1,375,000 March 31, 2020 $1,375,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Rogers Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrower 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 on the Maturity Date in the currency of such Revolving Loan and (ii) 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 Borrower Company shall repay all Swingline Loans then outstanding. The Borrower Company shall repay 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, 2012 $— December 31, 2012 $— March 31, 2013 $— June 30, 2013 $— September 30, 2013 $8,906,250 December 31, 2013 $8,906,250 March 31, 2014 $8,906,250 June 30, 2014 $4,375,000 8,906,250 September 30, 2014 $4,375,000 14,843,750 December 31, 2014 $4,375,000 14,843,750 March 31, 2015 $4,375,000 14,843,750 June 30, 2015 $4,375,000 39 14,843,750 September 30, 2015 $4,375,000 20,781,250 December 31, 2015 $4,375,000 20,781,250 March 31, 2016 $4,375,000 20,781,250 June 30, 2016 $8,750,000 20,781,250 September 30, 2016 $8,750,000 74,218,750 December 31, 2016 $8,750,000 74,218,750 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 74,218,750 Maturity Date The remaining unpaid principal balance of the Term Loans To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower Company on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Haemonetics Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 June 30, 2014 $4,375,000 September 30, 2014 $4,375,000 December 31, 2014 $4,375,000 6,250,000 March 31, 2015 $4,375,000 6,250,000 June 30, 2015 $4,375,000 39 6,250,000 September 30, 2015 $4,375,000 6,250,000 December 31, 2015 $4,375,000 12,500,000 March 31, 2016 $4,375,000 12,500,000 June 30, 2016 $8,750,000 12,500,000 September 30, 2016 $8,750,000 12,500,000 December 31, 2016 $8,750,000 12,500,000 March 31, 2017 $8,750,000 12,500,000 June 30, 2017 $8,750,000 12,500,000 September 30, 2017 $8,750,000 12,500,000 December 31, 2017 $8,750,000 18,750,000 March 31, 2018 $8,750,000 18,750,000 June 30, 2018 $18,750,000 September 30, 2018 $18,750,000 December 31, 2018 $18,750,000 March 31, 2019 $18,750,000 June 30, 2019 $18,750,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (PTC Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 June November 30, 2013 $1,250,000 February 28, 2014 $1,250,000 May 31, 2014 $1,250,000 August 31, 2014 $1,250,000 November 30, 2014 $4,375,000 September 301,250,000 February 28, 2014 2015 $4,375,000 December 31, 2014 $4,375,000 March 1,250,000 May 31, 2015 $4,375,000 June 1,250,000 August 31, 2015 $1,250,000 November 30, 2015 $4,375,000 39 September 302,500,000 February 29, 2015 2016 $4,375,000 December 31, 2015 $4,375,000 March 2,500,000 May 31, 2016 $4,375,000 June 2,500,000 August 31, 2016 $2,500,000 November 30, 2016 $8,750,000 September 303,750,000 February 28, 2016 2017 $8,750,000 December 31, 2016 $8,750,000 March 3,750,000 May 31, 2017 $8,750,000 June 3,750,000 August 31, 2017 $3,750,000 November 30, 2017 $8,750,000 September 307,500,000 February 28, 2017 2018 $8,750,000 December 31, 2017 $8,750,000 March 7,500,000 May 31, 2018 $8,750,000 7,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Angiodynamics Inc)

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Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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, 2012 $2,500,000 December 31, 2012 $2,500,000 March 31, 2013 $2,500,000 June 30, 2013 $2,500,000 September 30, 2013 $2,500,000 December 31, 2013 $2,500,000 March 31, 2014 $2,500,000 June 30, 2014 $4,375,000 2,500,000 September 30, 2014 $4,375,000 3,750,000 December 31, 2014 $4,375,000 3,750,000 March 31, 2015 $4,375,000 3,750,000 June 30, 2015 $4,375,000 39 3,750,000 September 30, 2015 $4,375,000 5,000,000 December 31, 2015 $4,375,000 5,000,000 March 31, 2016 $4,375,000 5,000,000 June 30, 2016 $8,750,000 5,000,000 September 30, 2016 $8,750,000 5,000,000 December 31, 2016 $8,750,000 5,000,000 March 31, 2017 $8,750,000 5,000,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 5,000,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Hill-Rom Holdings, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrower Borrowers hereby unconditionally promises promise to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan made on the Maturity Date in the currency of such Revolving Loan and (ii) 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 Borrower Borrowers shall repay all Swingline Loans then outstanding. The Borrower Borrowers shall repay 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: Date Amount March 31, 2013 $ 1,875,000 June 30, 2013 $ 1,875,000 September 30, 2013 $ 1,875,000 December 31, 2013 $ 1,875,000 March 31, 2014 $ 2,500,000 June 30, 2014 $4,375,000 $ 2,500,000 September 30, 2014 $4,375,000 $ 2,500,000 December 31, 2014 $4,375,000 $ 2,500,000 March 31, 2015 $4,375,000 $ 2,500,000 June 30, 2015 $4,375,000 39 $ 2,500,000 September 30, 2015 $4,375,000 $ 2,500,000 December 31, 2015 $4,375,000 $ 2,500,000 March 31, 2016 $4,375,000 $ 3,125,000 June 30, 2016 $8,750,000 $ 3,125,000 September 30, 2016 $8,750,000 $ 3,125,000 December 31, 2016 $8,750,000 $ 3,125,000 March 31, 2017 $8,750,000 $ 3,125,000 June 30, 2017 $8,750,000 $ 3,125,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 $ 3,125,000 Maturity Date The remaining unpaid principal balance of the Term Loans To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower Borrowers on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Altra Holdings, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) The a)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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 $1,250,000 December 31, 2011 $1,250,000 March 30, 2012 $1,250,000 June 30, 2012 $1,250,000 September 30, 2012 $2,500,000 December 31, 2012 $2,500,000 March 31, 2013 $2,500,000 June 30, 2013 $2,500,000 September 30, 2013 $3,750,000 December 31, 2013 $3,750,000 March 31 ,2014 $3,750,000 June 30, 2014 $4,375,000 3,750,000 September 30, 2014 $4,375,000 5,000,000 December 31, 2014 $4,375,000 5,000,000 March 31, 2015 $4,375,000 5,000,000 June 30, 2015 $4,375,000 39 5,000,000 September 30, 2015 $4,375,000 12,500,000 December 31, 2015 $4,375,000 12,500,000 March 31, 2016 $4,375,000 12,500,000 June 30, 2016 $8,750,000 September 30, 2016 $8,750,000 December 31, 2016 $8,750,000 March 31, 2017 $8,750,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 12,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Rogers Corp)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 March 31, 2014 $3,125,000 June 30, 2014 $4,375,000 3,125,000 September 30, 2014 $4,375,000 3,125,000 December 31, 2014 $4,375,000 3,125,000 March 31, 2015 $4,375,000 6,250,000 June 30, 2015 $4,375,000 39 6,250,000 September 30, 2015 $4,375,000 6,250,000 December 31, 2015 $4,375,000 6,250,000 36 March 31, 2016 $4,375,000 6,250,000 June 30, 2016 $8,750,000 6,250,000 September 30, 2016 $8,750,000 6,250,000 December 31, 2016 $8,750,000 6,250,000 March 31, 2017 $8,750,000 9,375,000 June 30, 2017 $8,750,000 9,375,000 September 30, 2017 $8,750,000 9,375,000 December 31, 2017 $8,750,000 9,375,000 March 31, 2018 $8,750,000 9,375,000 June 30, 2018 $9,375,000 September 30, 2018 $9,375,000 December 31, 2018 $121,875,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Agreement (PTC Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) 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 on the Maturity Date in the currency of such Loan and (ii) 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 Borrower shall repay all Swingline Loans then outstanding. The Borrower shall repay 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 December 31, 2012 $1,875,000 March 31, 2013 $1,875,000 June 30, 2013 $1,875,000 September 30, 2013 $1,875,000 34 December 31, 2013 $3,750,000 March 31, 2014 $3,750,000 June 30, 2014 $4,375,000 3,750,000 September 30, 2014 $4,375,000 3,750,000 December 31, 2014 $4,375,000 3,750,000 March 31, 2015 $4,375,000 3,750,000 June 30, 2015 $4,375,000 39 3,750,000 September 30, 2015 $4,375,000 3,750,000 December 31, 2015 $4,375,000 5,625,000 March 31, 2016 $4,375,000 5,625,000 June 30, 2016 $8,750,000 5,625,000 September 30, 2016 $8,750,000 5,625,000 December 31, 2016 $8,750,000 22,500,000 March 31, 2017 $8,750,000 22,500,000 June 30, 2017 $8,750,000 September 30, 2017 $8,750,000 December 31, 2017 $8,750,000 March 31, 2018 $8,750,000 22,500,000 To the extent not previously repaid, all unpaid Term Loans shall be paid in full in Dollars by the Borrower on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Parametric Technology Corp)

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