Repayment of Borrowings. (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) and 2.22(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June 30, 2013 $ 3,750,000 September 30, 2013 $ 3,750,000 December 31, 2013 $ 3,750,000 March 31, 2014 $ 3,750,000 June 30, 2014 $ 3,750,000 September 30, 2014 $ 3,750,000 December 31, 2014 $ 3,750,000 March 31, 2015 $ 3,750,000 June 30, 2015 $ 3,750,000 September 30, 2015 $ 3,750,000 December 31, 2015 $ 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 $ 3,750,000 December 31, 2018 $ 3,750,000 (ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. (b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination. (c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 2 contracts
Samples: Amendment Agreement (Supervalu Inc), Term Loan Credit Agreement (Supervalu Inc)
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) 2.12 and 2.22(d2.13(e)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June 30, 2013 2005 $ 3,750,000 875,000 September 30, 2013 2005 $ 3,750,000 875,000 December 31, 2013 2005 $ 3,750,000 875,000 March 31, 2014 2006 $ 3,750,000 875,000 June 30, 2014 2006 $ 3,750,000 875,000 September 30, 2014 2006 $ 3,750,000 875,000 December 31, 2014 2006 $ 3,750,000 875,000 March 31, 2015 2007 $ 3,750,000 875,000 June 30, 2015 2007 $ 3,750,000 875,000 September 30, 2015 2007 $ 3,750,000 875,000 December 31, 2015 2007 $ 3,750,000 875,000 March 31, 2016 2008 $ 3,750,000 875,000 June 30, 2016 2008 $ 3,750,000 875,000 September 30, 2016 2008 $ 3,750,000 875,000 December 31, 2016 2008 $ 3,750,000 875,000 March 31, 2017 2009 $ 3,750,000 875,000 June 30, 2017 2009 $ 3,750,000 84,000,000 September 30, 2017 2009 $ 3,750,000 84,000,000 December 31, 2017 2009 $ 3,750,000 March 31, 2018 84,000,000 Maturity Date $ 3,750,000 June 30, 2018 $ 3,750,000 September 30, 2018 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.84,000,000
(b) In the event and on each occasion that the Incremental Loan any Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f2.13(e) and 2.22(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Repayment Date Amount September 30, 2012 $ 2,125,000 December 31, 2012 $ 2,125,000 March 31, 2013 $ 2,125,000 June 30, 2013 $ 3,750,000 2,125,000 September 30, 2013 $ 3,750,000 2,125,000 December 31, 2013 $ 3,750,000 2,125,000 March 31, 2014 $ 3,750,000 2,125,000 June 30, 2014 $ 3,750,000 2,125,000 September 30, 2014 $ 3,750,000 2,125,000 December 31, 2014 $ 3,750,000 2,125,000 March 31, 2015 $ 3,750,000 2,125,000 June 30, 2015 $ 3,750,000 2,125,000 September 30, 2015 $ 3,750,000 2,125,000 December 31, 2015 $ 3,750,000 2,125,000 March 31, 2016 $ 3,750,000 2,125,000 June 30, 2016 $ 3,750,000 2,125,000 September 30, 2016 $ 3,750,000 2,125,000 December 31, 2016 $ 3,750,000 2,125,000 March 31, 2017 $ 3,750,000 2,125,000 June 30, 2017 $ 3,750,000 2,125,000 September 30, 2017 $ 3,750,000 2,125,000 December 31, 2017 $ 3,750,000 2,125,000 March 31, 2018 $ 3,750,000 2,125,000 June 30, 2018 $ 3,750,000 September 30, 2018 $ 3,750,000 December 31, 2018 $ 3,750,0002,125,000 Maturity Date Remaining unpaid principal amount of the Loans
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f2.13(e)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each of the dates set forth below, or if any such date is not a Business Day, on the next preceding succeeding Business Day (each such date being called a “"Term Loan Repayment Date”"), a principal amount of the Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(fparagraph (b) below and 2.22(dSection 2.12(b)) equal to the amount set forth below for opposite such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Repayment Date Amount -------------- ------ September 30, 2003 $1,562,500.00 December 31, 2003 $1,562,500.00 March 31, 2004 $1,562,500.00 June 30, 2013 $ 3,750,000 2004 $1,562,500.00 September 30, 2013 $ 3,750,000 2004 $1,562,500.00 December 31, 2013 $ 3,750,000 2004 $1,562,500.00 March 31, 2014 $ 3,750,000 2005 $1,562,500.00 June 30, 2014 $ 3,750,000 2005 $1,562,500.00 September 30, 2014 $ 3,750,000 2005 $1,562,500.00 December 31, 2014 $ 3,750,000 2005 $1,562,500.00 March 31, 2015 $ 3,750,000 2006 $1,562,500.00 June 30, 2015 $ 3,750,000 2006 $1,562,500.00 September 30, 2015 $ 3,750,000 2006 $1,562,500.00 December 31, 2015 $ 3,750,000 2006 $1,562,500.00 March 31, 2016 $ 3,750,000 2007 $1,562,500.00 June 30, 2016 $ 3,750,000 2007 $1,562,500.00 September 30, 2016 $ 3,750,000 2007 $1,562,500.00 December 31, 2016 $ 3,750,000 2007 $1,562,500.00 March 31, 2017 $ 3,750,000 2008 $1,562,500.00 June 30, 2017 $ 3,750,000 2008 $1,562,500.00 September 30, 2017 $ 3,750,000 2008 $23,437,500.00 December 31, 2017 $ 3,750,000 2008 $23,437,500.00 March 31, 2018 $ 3,750,000 2009 $23,437,500.00 June 305, 2018 $ 3,750,000 September 30, 2018 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.2009 $23,437,500.00
(b) In the event and on each occasion that the Incremental Loan If any Term Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Term Loan, the installments payable on each Incremental Term Loan Repayment Date shall will be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Term Loans shall be due and payable on the Term Loan Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) To the extent not previously paid, all Revolving Loans shall be due and payable on the Revolving Credit Maturity Date.
(e) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) 2.12 and 2.22(d2.13(e)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June 30, 2013 2004 $ 3,750,000 87,500 September 30, 2013 2004 $ 3,750,000 87,500 December 31, 2013 2004 $ 3,750,000 87,500 March 31, 2014 2005 $ 3,750,000 87,500 June 30, 2014 2005 $ 3,750,000 87,500 September 30, 2014 2005 $ 3,750,000 87,500 December 31, 2014 2005 $ 3,750,000 87,500 March 31, 2015 2006 $ 3,750,000 87,500 June 30, 2015 2006 $ 3,750,000 87,500 September 30, 2015 2006 $ 3,750,000 87,500 December 31, 2015 2006 $ 3,750,000 87,500 March 31, 2016 2007 $ 3,750,000 87,500 June 30, 2016 2007 $ 3,750,000 87,500 September 30, 2016 2007 $ 3,750,000 87,500 December 31, 2016 2007 $ 3,750,000 87,500 March 31, 2017 2008 $ 3,750,000 87,500 June 30, 2017 2008 $ 3,750,000 8,400,000 September 30, 2017 2008 $ 3,750,000 8,400,000 December 31, 2017 2008 $ 3,750,000 March 31, 2018 8,400,000 Maturity Date $ 3,750,000 June 30, 2018 $ 3,750,000 September 30, 2018 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.8,400,000
(b) In the event and on each occasion that the Incremental Loan any Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each of the dates set forth below, or if any such date is not a Business Day, on the next preceding succeeding Business Day (each such date being called a “Repayment Date”"TERM LOAN REPAYMENT DATE"), a principal amount of the Loans other than Other Term Loans (as adjusted from time to time pursuant to paragraph (b) below and Sections 2.11(b), 2.12, 2.13(f2.12(b) and 2.22(d2.13(f)) equal to the amount set forth below for opposite such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: REPAYMENT DATE TRANCHE X-0 XXXXXXX X-0 -------------- ----------- ----------- March 31, 2001 $3,100,000 June 30, 2013 $ 3,750,000 2001 3,100,000 September 30, 2013 $ 3,750,000 2001 3,100,000 $1,000,000 December 31, 2013 $ 3,750,000 2001 3,100,000 1,000,000 March 31, 2014 $ 3,750,000 2002 5,040,000 1,000,000 June 30, 2014 $ 3,750,000 2002 5,040,000 1,000,000 September 30, 2014 $ 3,750,000 2002 5,040,000 1,000,000 December 31, 2014 $ 3,750,000 2002 5,040,000 1,000,000 March 31, 2015 $ 3,750,000 2003 7,400,000 1,500,000 June 30, 2015 $ 3,750,000 2003 7,400,000 1,500,000 September 30, 2015 $ 3,750,000 2003 7,400,000 1,500,000 December 31, 2015 $ 3,750,000 2003 7,400,000 1,500,000 March 31, 2016 $ 3,750,000 2004 8,680,000 2,750,000 June 30, 2016 $ 3,750,000 2004 8,680,000 2,750,000 September 30, 2016 $ 3,750,000 2004 8,680,000 2,750,000 December 31, 2016 $ 3,750,000 2004 8,680,000 2,750,000 March 31, 2017 $ 3,750,000 June 302005 9,000,000 3,500,000 July 29, 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 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.2005 9,000,000 3,500,000
(b) In the event and on each occasion that the Incremental Loan If any Term Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Term Loan, the installments payable on each Incremental Term Loan Repayment Date shall will be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Term Loans shall be due and payable on the Term Loan Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) To the extent not previously paid, all Revolving Loans shall be due and payable on the Revolving Credit Maturity Date.
(e) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Samples: Credit Agreement (Cross Country Inc)
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) 2.12 and 2.22(d2.13(e)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June 30, 2013 2004 $ 3,750,000 375,000 September 30, 2013 2004 $ 3,750,000 375,000 December 31, 2013 2004 $ 3,750,000 375,000 March 31, 2014 2005 $ 3,750,000 375,000 June 30, 2014 2005 $ 3,750,000 375,000 September 30, 2014 2005 $ 3,750,000 375,000 December 31, 2014 2005 $ 3,750,000 375,000 March 31, 2015 2006 $ 3,750,000 375,000 June 30, 2015 2006 $ 3,750,000 375,000 September 30, 2015 2006 $ 3,750,000 375,000 December 31, 2015 2006 $ 3,750,000 375,000 March 31, 2016 2007 $ 3,750,000 375,000 June 30, 2016 2007 $ 3,750,000 375,000 September 30, 2016 2007 $ 3,750,000 375,000 December 31, 2016 2007 $ 3,750,000 375,000 March 31, 2017 2008 $ 3,750,000 375,000 June 30, 2017 2008 $ 3,750,000 36,000,000 September 30, 2017 2008 $ 3,750,000 36,000,000 December 31, 2017 2008 $ 3,750,000 March 31, 2018 36,000,000 Maturity Date $ 3,750,000 June 30, 2018 $ 3,750,000 September 30, 2018 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.36,000,000
(b) In the event and on each occasion that the Incremental Loan any Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (a)
(i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each of the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans under the Paramount Facility (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f2.13(c) and 2.22(d2.23(d)) equal to the amount set forth below for opposite such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: September 30, 2006 $ 1,000,000.00 December 31, 2006 $ 1,000,000.00 March 31, 2007 $ 1,000,000.00 June 30, 2013 2007 $ 3,750,000 1,000,000.00 September 30, 2013 2007 $ 3,750,000 1,000,000.00 December 31, 2007 $ 1,000,000.00 March 31, 2008 $ 1,000,000.00 June 30, 2008 $ 1,000,000.00 September 30, 2008 $ 1,000,000.00 December 31, 2008 $ 1,000,000.00 March 31, 2009 $ 1,000,000.00 June 30, 2009 $ 1,000,000.00 September 30, 2009 $ 1,000,000.00 December 31, 2009 $ 1,000,000.00 March 31, 2010 $ 1,000,000.00 June 30, 2010 $ 1,000,000.00 September 30, 2010 $ 1,000,000.00 December 31, 2010 $ 1,000,000.00 March 31, 2011 $ 1,000,000.00 June 30, 2011 $ 1,000,000.00 September 30, 2011 $ 1,000,000.00 December 31, 2011 $ 1,000,000.00 March 31, 2012 $ 1,000,000.00 June 30, 2012 $ 1,000,000.00 September 30, 2012 $ 1,000,000.00 December 31, 2012 $ 1,000,000.00 March 31, 2013 $ 3,750,000 March 31, 2014 1,000,000.00 Maturity Date $ 3,750,000 June 30, 2014 373,000,000.00 TOTAL: $ 3,750,000 September 30, 2014 $ 3,750,000 December 31, 2014 $ 3,750,000 March 31, 2015 $ 3,750,000 June 30, 2015 $ 3,750,000 September 30, 2015 $ 3,750,000 December 31, 2015 $ 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 $ 3,750,000 December 31, 2018 $ 3,750,000400,000,000.00
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each Repayment Date after the Exxxxxxxx Closing Date, or if any such date is not a Business Day, on the next preceding Business Day, a principal amount of the Loans under the Exxxxxxxx Facility (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(c) and 2.23(d)) equal to one quarter of one percent of the aggregate amount of the Exxxxxxxx Facility, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment, with the balance of the Loans under the Exxxxxxxx Facility becoming due on the Maturity Date.
(iii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f2.13(c)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “"Tranche B Loan Repayment Date”"), a principal amount of the Loans other than Other Tranche B Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) 2.12 and 2.22(d2.13(c)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Date Amount ---- ------ September 30, 1998 $875,000 December 31, 1998 875,000 March 31, 1999 875,000 June 30, 2013 $ 3,750,000 1999 875,000 September 30, 2013 $ 3,750,000 1999 875,000 December 31, 2013 $ 3,750,000 1999 875,000 March 31, 2014 $ 3,750,000 2000 875,000 June 30, 2014 $ 3,750,000 2000 875,000 September 30, 2014 $ 3,750,000 2000 875,000 December 31, 2014 $ 3,750,000 2000 875,000 March 31, 2015 $ 3,750,000 2001 875,000 June 30, 2015 $ 3,750,000 2001 875,000 September 30, 2015 $ 3,750,000 2001 875,000 December 31, 2015 $ 3,750,000 2001 875,000 March 31, 2016 $ 3,750,000 2002 875,000 June 30, 2016 $ 3,750,000 2002 875,000 September 30, 2016 $ 3,750,000 2002 875,000 December 31, 2016 $ 3,750,000 2002 875,000 March 31, 2017 $ 3,750,000 2003 875,000 June 30, 2017 $ 3,750,000 2003 875,000 42 42 Date Amount ---- ------ September 30, 2017 $ 3,750,000 2003 875,000 December 31, 2017 $ 3,750,000 2003 875,000 March 31, 2018 $ 3,750,000 2004 875,000 June 30, 2018 $ 3,750,000 2004 875,000 September 30, 2018 $ 3,750,000 2004 875,000 December 31, 2018 $ 3,750,0002004 875,000 March 31, 2005 875,000 Tranche B Maturity Date $326,375,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on the dates set forth below or, if any such date is not a Business Day, on the next preceding Business Day (each Incremental such date being a "Tranche C Loan Repayment Date"), a principal amount of the Other Tranche C Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f2.13(c)) equal to the amount set forth below for such date in the applicable Incremental Loan Assumption Agreementdate, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental Loan: Date Amount ---- ------ September 30, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction1998 $875,000 December 31, expiration or termination.
(c) To the extent not previously paid1998 875,000 March 31, all Loans1999 875,000 June 30, Other Loans and Extended Loans shall be due and payable on the Maturity Date1999 875,000 September 30, the Incremental Loan Maturity Date and the maturity date of such Extended Loans1999 875,000 December 31, respectively1999 875,000 March 31, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.162000 875,000 June 30, but shall otherwise be without premium or penalty.2000 875,000 September 30, 2000 875,000 December 31, 2000 875,000 March 31, 2001 875,000 June 30, 2001 875,000 September 30, 2001 875,000 December 31, 2001 875,000 March 31, 2002 875,000 June 30, 2002 875,000 September 30, 2002 875,000 December 31, 2002 875,000 March 31, 2003 875,000 June 30, 2003 875,000 September 30, 2003 875,000
Appears in 1 contract
Samples: Credit Agreement (Ispat Inland Inc)
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b2.08(c), 2.122.09, 2.13(f2.10(f) and 2.22(d2.20(d)) equal to the amount percentage set forth below for such datedate of the aggregate principal amount of the Term Loans outstanding on the Closing Date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: March 31, 2011 0.25 % June 30, 2011 0.25 % September 30, 2011 0.25 % December 31, 2011 0.25 % March 31, 2012 0.25 % June 30, 2012 0.25 % September 30, 2012 0.25 % December 31, 2012 0.25 % March 31, 2013 0.25 % June 30, 2013 $ 3,750,000 0.25 % September 30, 2013 $ 3,750,000 0.25 % December 31, 2013 $ 3,750,000 0.25 % March 31, 2014 $ 3,750,000 0.25 % June 30, 2014 $ 3,750,000 0.25 % September 30, 2014 $ 3,750,000 0.25 % December 31, 2014 $ 3,750,000 0.25 % March 31, 2015 $ 3,750,000 0.25 % June 30, 2015 $ 3,750,000 0.25 % September 30, 2015 $ 3,750,000 0.25 % December 31, 2015 $ 3,750,000 0.25 % March 31, 2016 $ 3,750,000 0.25 % June 30, 2016 $ 3,750,000 0.25 % September 30, 2016 $ 3,750,000 0.25 % December 31, 2016 $ 3,750,000 March 310.25 % February 14, 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 $ 3,750,000 December 31, 2018 $ 3,750,000Remainder
(iib) The Borrower shall pay to the Administrative Agent, for the account of the Incremental 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 2.11(b2.08(c), 2.12 2.09, 2.10 and 2.13(f2.20(d)) equal to the amount set forth for such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Incremental Term Loans shall be due and payable on the applicable Incremental Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(bc) In the event and on each occasion that the any Commitment (other than any Incremental Term Loan Commitments Commitment) shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Term Loan, the installments principal amount payable on each Incremental Repayment the Term Loan Maturity Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 2.08 shall be subject to Section 2.162.15, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) and 2.22(d)2.12) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: September 30, 2005 $375,000 December 31, 2005 $375,000 Table of Contents March 31, 2006 $375,000 June 30, 2013 $ 3,750,000 2006 $375,000 September 30, 2013 $ 3,750,000 2006 $375,000 December 31, 2013 $ 3,750,000 2006 $375,000 March 31, 2014 $ 3,750,000 2007 $375,000 June 30, 2014 $ 3,750,000 2007 $375,000 September 30, 2014 $ 3,750,000 2007 $375,000 December 31, 2014 $ 3,750,000 2007 $375,000 March 31, 2015 $ 3,750,000 2008 $375,000 June 30, 2015 $ 3,750,000 2008 $375,000 September 30, 2015 $ 3,750,000 2008 $375,000 December 31, 2015 $ 3,750,000 2008 $375,000 March 31, 2016 $ 3,750,000 2009 $375,000 June 30, 2016 $ 3,750,000 2009 $375,000 September 30, 2016 $ 3,750,000 2009 $375,000 December 31, 2016 $ 3,750,000 2009 $375,000 March 31, 2017 $ 3,750,000 2010 $375,000 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 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.2010 $375,000 Maturity Date $142,500,000
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.162.15, but shall otherwise be without premium or penalty.
Appears in 1 contract
Samples: Second Lien Credit Agreement (Carrizo Oil & Gas Inc)
Repayment of Borrowings. (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(f) and 2.22(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June 30, 2013 $ 3,750,000 September 30, 2013 $ 3,750,000 December 31, 2013 $ 3,750,000 March 31, 2014 $ 3,750,000 June 30, 2014 $ 3,750,000 September 30, 2014 $ 3,750,000 December 31, 2014 $ 3,750,000 March 31, 2015 $ 3,750,000 June 30, 2015 $ 3,750,000 September 30, 2015 $ 3,750,000 December 31, 2015 $ 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 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Samples: Amendment Agreement (Supervalu Inc)
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each of the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Loans other than Other Loans equal to the amount set forth opposite such date (as adjusted from time to time pursuant to Sections 2.11(b), 2.122.12(c), 2.13(f2.13(d) and 2.22(d2.22(c)) equal to the amount set forth below for such date), together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: March 31, 2009 $ 4,600,000 June 30, 2009 $ 4,600,000 September 30, 2009 $ 4,600,000 December 31, 2009 $ 4,600,000 March 31, 2010 $ 3,825,000 June 30, 2010 $ 3,825,000 September 30, 2010 $ 3,825,000 December 31, 2010 $ 3,825,000 March 31, 2011 $ 3,075,000 June 30, 2011 $ 3,075,000 September 30, 2011 $ 3,075,000 December 31, 2011 $ 3,075,000 March 31, 2012 $ 2,300,000 June 30, 2012 $ 2,300,000 September 30, 2012 $ 2,300,000 December 31, 2012 $ 2,300,000 March 31, 2013 $ 1,525,000 June 30, 2013 $ 3,750,000 1,525,000 September 30, 2013 $ 3,750,000 1,525,000 December 31, 2013 $ 3,750,000 March 31, 2014 $ 3,750,000 June 30, 2014 $ 3,750,000 September 30, 2014 $ 3,750,000 December 31, 2014 $ 3,750,000 March 31, 2015 $ 3,750,000 June 30, 2015 $ 3,750,000 September 30, 2015 $ 3,750,000 December 31, 2015 $ 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 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.1,525,000
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result aggregate amount of the making Commitments on the Closing Date shall exceed the aggregate principal amount of an Incremental Loanthe Loans made on the Effective Date, the installments payable on each Incremental Repayment Date Dates under paragraph (a) above shall be reduced pro rata ratably by an aggregate amount for all such installments equal to the amount of such reduction, expiration or terminationexcess.
(c) Upon the occurrence of a Terminal Casualty or Condemnation Event, upon the demand of the Required Lenders, all Loans shall become due and payable in full and the Borrower shall repay all such Loans, together with all accrued but unpaid interest thereon to but excluding the date of payment and all Fees and other amounts accrued but unpaid hereunder.
(d) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with all accrued and but unpaid interest on the principal amount to be paid thereon to but excluding the date of payment.
(de) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Repayment of Borrowings. (ia) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth belowbelow or, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “"Repayment Date”"), a principal amount of the Loans other than Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.12 and 2.13(f) and 2.22(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: June Repayment Date Amount -------------- ------ February 29, 2000 $ 562,500 May 31, 2000 562,500 August 31, 2000 562,500 November 30, 2013 $ 3,750,000 September 2000 562,500 February 28, 2001 562,500 May 31, 2001 562,500 August 31, 2001 562,500 November 30, 2013 $ 3,750,000 December 2001 562,500 February 28, 2002 562,500 May 31, 2013 $ 3,750,000 March 2002 562,500 August 31, 2014 $ 3,750,000 June 2002 562,500 November 30, 2014 $ 3,750,000 September 2002 562,500 February 28, 2003 562,500 May 31, 2003 562,500 August 31, 2003 562,500 November 30, 2014 $ 3,750,000 December 2003 562,500 February 29, 2004 54,000,000 May 31, 2014 $ 3,750,000 March 2004 54,000,000 August 31, 2015 $ 3,750,000 June 30, 2015 $ 3,750,000 September 30, 2015 $ 3,750,000 December 31, 2015 $ 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 $ 3,750,000 December 31, 2018 $ 3,750,000
(ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Lenders, on each Incremental Loan Repayment Date, a principal amount of the Other Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.2004 54,000,000 Maturity Date 54,000,000
(b) In the event and on each occasion that the Incremental Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of an Incremental a Loan, the installments payable on each Incremental Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination.
(c) To the extent not previously paid, all Loans, Other Loans and Extended Loans shall be due and payable on the Maturity Date, the Incremental Loan Maturity Date and the maturity date of such Extended Loans, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.
Appears in 1 contract
Samples: Credit Agreement (LTV Corp)
