Common use of Repayment of Acquisition Loans Clause in Contracts

Repayment of Acquisition Loans. (a) During the Acquisition Loan Availability Period, Holdings will pay interest on the outstanding principal balance of the Acquisition Loans as hereinafter provided until Holdings commences making the principal and interest installments described in Section 2.08(b). (b) Commencing one month after the Conversion Date and on the same day of each succeeding month, Holdings will repay the then outstanding principal balance of the Acquisition Loans in sixty (60) consecutive monthly installments, each of which shall be in an amount consisting of principal in an amount equal to one sixtieth (1/60) of the outstanding principal balance of the Acquisition Loans on the Conversion Date together with accrued interest on the applicable Interest Payment Date(s) on the unpaid principal balance of the Acquisition Loans at the rate(s) then in effect as elected pursuant to Sections 2.11 and 2.13. The entire unpaid principal balance of the Acquisition Loans, together with accrued interest thereon, shall be paid in full on the Acquisition Loan Maturity Date. After the Conversion Date, amounts repaid on the Acquisition Loans may not be reborrowed.

Repayment of Acquisition Loans. (aA) During Prior to the Acquisition Loan Availability PeriodConversion Date, Holdings the Borrower will pay interest on the outstanding principal balance of the Acquisition Loans as hereinafter provided until Holdings the Borrower commences making the principal and interest installments described in Section 2.08(b2.1(c)(iii)(B). (bB) Commencing one month after the Conversion Date and on the same day of each succeeding month, Holdings the Borrower will repay the then outstanding principal balance of the Acquisition Loans Loans, together with interest thereon, in sixty thirty six (6036) consecutive monthly installments, each of which shall be in an amount consisting of of: (x) principal in an amount equal to one sixtieth thirty-sixth (1/601/36) of the outstanding principal balance of the Acquisition Loans on the Conversion Date together with Date, and (y) accrued interest on the applicable Interest Payment Date(s) on the unpaid principal balance of the Acquisition Loans at the rate(s) then in effect as elected pursuant to Sections 2.11 and 2.13effect. The entire unpaid principal balance of the Acquisition Loans, together with accrued interest thereon, shall be paid in full on the Acquisition Loan Maturity Date. After the Conversion Date, amounts repaid on the Acquisition Loans may not be reborrowed.

Repayment of Acquisition Loans. (a) During the Acquisition Loan Availability Commitment Period, Holdings the Borrower will pay interest on the outstanding principal balance of the Acquisition Loans as hereinafter provided until Holdings the Borrower commences making the principal and interest installments described in Section 2.08(b2.10(b). (b) Commencing one month after the Conversion Date and on the same day of each succeeding month, Holdings the Borrower will repay the then outstanding principal balance of the Acquisition Loans Loans, together with interest thereon, in sixty (60) consecutive monthly installments, each of which shall be in an amount consisting of of: (x) principal in an amount equal to one sixtieth (1/60) of the outstanding principal balance of the Acquisition Loans on the Conversion Date together with Date, and (y) accrued interest on the applicable Interest Payment Date(s) on the unpaid principal balance of the Acquisition Loans at the rate(s) then in effect as elected pursuant to Sections 2.11 and 2.13effect. The entire unpaid principal balance of the Acquisition Loans, together with accrued interest thereon, shall be paid in full on the Acquisition Loan Maturity Date. After the Conversion Date, amounts repaid on the Acquisition Loans may not be reborrowed.