Repayment of Initial Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December commencing March 31, 2015 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: YEAR PAYMENT DATE PRINCIPAL INSTALLMENT 2015 March 31 $3,125,000 June 30 $3,125,000 September 30 $4,687,500 December 31 $4,687,500 2016 March 31 $4,687,500 June 30 $4,687,500 September 30 $6,250,000 December 31 $6,250,000 2017 March 31 $6,250,000 June 30 $6,250,000 September 30 $6,250,000 December 31 $6,250,000 2018 March 31 $6,250,000 Term Loan Maturity Date Outstanding Balance If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Repayment of Initial Term Loan. The principal amount of the Initial Term Loan shall be repaid in consecutive quarterly installments on the last day of each March, June, September and December (commencing on March 31, 2022) prior to the Term Maturity Date in an amount for each such installment equal to 0.25% of the original principal amount of the Initial Term Loan (provided, however, if such payment date is not a Business Day, such payment shall be due on the preceding Business Day), unless accelerated sooner pursuant to Section 7.2 (which payments shall be (x) reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.7(b)(vii) and 2.7(c) or (y) increased in accordance with the immediately succeeding sentence and Section 2.22, as applicable). In connection with any Incremental Term Facilities that will constitute part of the same Class as the Initial Term Loans, the amount of the scheduled amortization payment that would otherwise be required pursuant to the immediately preceding sentence shall be increased for the Lenders on a pro rata basis to the extent necessary to ensure that the Lenders holding Initial Term Loans continue to receive a payment that is not less than the same amount that such Lenders would have received absent the incurrence of such Incremental Term Facilities (i.e., the amortization percentage set forth in the immediately preceding sentence shall be automatically adjusted to reflect the Modified Amortization Percentage); provided that, if such Incremental Term Facilities are to be fungible with the Initial Term Loans, notwithstanding any other conditions specified in this Section 2.2(a)(ii), the amortization schedule for such fungible Incremental Term Facilities may provide for amortization based on the Modified Amortization Percentage to ensure that such Incremental Term Facilities will be fungible with the Initial Term Loans; provided further that, without the consent of any other Credit Party or Lender, the Borrower and the Administrative Agent may effect such amendments to this Agreement as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.2(a)(ii). The immediately preceding sentence of this Section 2.2(a)(ii) shall supersede any provision in Section 9.1 to the contrary. The Borrower shall repay the aggregate outstanding principal amount of any Term Loans funded under an Incremental Term Facility that is a ...
Repayment of Initial Term Loan. The principal amount of the Initial Term Loan shall be repaid in twenty-four (24) consecutive quarterly installments as follows: Principal Amortization Payment Date Initial Term Loan Principal Amortization Payment June 30, 2005 $ 250,000 September 30, 2005 $ 250,000 December 31, 2005 $ 250,000 March 31, 2006 $ 250,000 June 30, 2006 $ 250,000 September 30, 2006 $ 250,000 December 31, 2006 $ 250,000 March 31, 2007 $ 250,000 June 30, 2007 $ 250,000 September 30, 2007 $ 250,000 December 31, 2007 $ 250,000 March 31, 2008 $ 250,000 June 30, 2008 $ 250,000 September 30, 2008 $ 250,000 December 31, 2008 $ 250,000 March 31, 2009 $ 250,000 June 30, 2009 $ 250,000 September 30, 2009 $ 250,000 December 31, 2009 $ 250,000 March 31, 2010 $ 250,000 Principal Amortization Payment Date Initial Term Loan Principal Amortization Payment June 30, 2010 $ 250,000 September 30, 2010 $ 250,000 December 31, 2010 $ 250,000 Term Loan Maturity Date The remaining unpaid principal amount of the Initial Term Loan
Repayment of Initial Term Loan. The Borrower shall repay the aggregate outstanding principal of the Initial Term Loan in consecutive quarterly installments on the last Business Day of each fiscal quarter (beginning on March 29, 2024) as set forth below, with the remainder due on the Initial Term Loan Maturity Date: PAYMENT DATE PRINCIPAL INSTALLMENT 1Q2024 $1,562,500 2Q2024 $1,562,500 3Q2024 $1,562,500 4Q2024 $1,562,500 1Q2025 $1,562,500 2Q2025 $1,562,500 3Q2025 $1,562,500 4Q2025 $1,562,500 1Q2026 $2,343,750 2Q2026 $2,343,750 3Q2026 $2,343,750 4Q2026 $2,343,750 1Q2027 $3,125,000 2Q2027 $3,125,000 3Q2027 $3,125,000 4Q2027 $3,125,000 1Q2028 $3,906,250 2Q2028 $3,906,250 3Q2028 $3,906,250 Initial Term Loan Maturity Date The aggregate outstanding principal amount of the Initial Term Loan
Repayment of Initial Term Loan. The principal amount of the Initial Term Loan shall be repaid in consecutive quarterly installments of $625,000 to be paid on the last day of each of February, May, August and November (beginning with the quarter ending February 29, 2012) (provided, however, if such payment date is not a Business Day, such payment shall be due on the preceding Business Day), unless accelerated sooner pursuant to Section 7.2. The outstanding principal amount of the Initial Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Initial Term Loan shall be repaid on the Maturity Date.
Repayment of Initial Term Loan. The principal amount of the Initial Term Loan shall be repaid in consecutive quarterly installments on the dates set forth below, based on the quarterly percentages of the original principal amount of the Initial Term Loan set forth on the table below (provided, however, if such payment date is not a Business Day, such payment shall be due on the preceding Business Day), unless accelerated sooner pursuant to Section 7.2: Quarterly Amortization Payment Dates Amortization March 31, 2019 1.250% June 30, 2019 1.250% September 30, 2019 1.250% December 31, 2019 1.250% March 31, 2020 1.250% June 30, 2020 1.250% September 30, 2020 1.250% December 31, 2020 1.250% March 31, 2021 1.875% June 30, 2021 1.875% September 30, 2021 1.875% December 31, 2021 1.875% March 31, 2022 1.875% June 30, 2022 1.875% September 30, 2022 1.875% December 31, 2022 1.875% March 31, 2023 2.500% June 30, 2023 2.500% September 30, 2023 2.500% Maturity Date The remaining outstanding principal amount of the Initial Term Loan Confidential Materials Omitted and Filed Separately with the Securities and Exchange Commission Pursuant to a Request for Confidential Treatment under Rule 406 under the Securities Act of 1933, as amended. Confidential Portions are marked: [***] The outstanding principal amount of the Initial Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Initial Term Loan shall be repaid on the Maturity Date.
Repayment of Initial Term Loan. Effective as of the Second Amendment Effective Date, the Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan as of the Second Amendment Effective Date (a) in consecutive quarterly installments on the last Business Day of (a) each of March, June, September and December commencing June 30, 2017 through and including March 31, 2018 and (b) in consecutive monthly installments on the last Business Day of each month thereafter, as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: YEAR PAYMENT DATE PRINCIPAL INSTALLMENT 2017 June 30 $6,250,000 September 30 $6,250,000 December 31 $6,250,000 2018 March 31 $6,250,000 April 30 $4,166,666.67 May 31 $4,166,666.67 June 30 $4,166,666.67 July 31 $4,166,666.67 August 31 $4,166,666.67 September 30 $4,166,666.67 October 31 $4,166,666.67 November 30 $4,166,666.67 December 31 $4,166,666.67 2019 January 31 $4,166,666.67 February 28 $4,166,666.67 March 31 $4,166,666.67 April 30 $4,166,666.67 Term Loan Maturity Date Outstanding Balance If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Repayment of Initial Term Loan. The US Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan, in consecutive quarterly installments on the last Business Day of each of March, June, September and December commencing on March 31, 2007 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 3A.4: YEAR PAYMENT DATE PRINCIPAL INSTALLMENT REMAINING PRINCIPAL AMOUNT OF INITIAL TERM LOAN 2007 3/31/2007 $ 750,000 $ 59,250,000 6/30/2007 $ 750,000 $ 58,500,000 9/30/2007 $ 750,000 $ 57,750,000 12/31/2007 $ 750,000 $ 57,000,000 2008 3/31/2008 $ 750,000 $ 56,250,000 6/30/2008 $ 750,000 $ 55,500,000 9/30/2008 $ 750,000 $ 54,750,000 12/31/2008 $ 750,000 $ 54,000,000 2009 3/31/2009 $ 1,500,000 $ 52,500,000 6/30/2009 $ 1,500,000 $ 51,000,000 9/30/2009 $ 1,500,000 $ 49,500,000 12/31/2009 $ 1,500,000 $ 48,000,000 2010 3/31/2010 $ 12,000,000 $ 36,000,000 6/30/2010 $ 12,000,000 $ 24,000,000 9/30/2010 $ 12,000,000 $ 12,000,000 Term Loan Maturity Date $ 12,000,000 $ 0 [Second Amendment – SCP Pool Corporation] 44 If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date. Amounts repaid pursuant to this Section 3A.3 may not be reborrowed and will constitute a permanent reduction of the Term Loan Commitment.
Repayment of Initial Term Loan. The principal amount of the Initial Term Loan shall be repaid in full on the Term Loan Maturity Date, unless accelerated sooner pursuant to Section 7.2.
Repayment of Initial Term Loan. The Borrower shall have repaid (or substantially concurrently with the effectiveness of this Amendment on the First Amendment Effective Date shall repay) in full, in cash, the remaining outstanding principal balance of the Initial Term Loan, together with all accrued and unpaid interest and fees owing thereon and the applicable Early Termination Fee (subject to Section 10 below); provided, that any applicable Lender may exchange, continue or roll over any portion of the principal amount of the Initial Term Loan owing to it (which principal amount shall be deemed to be an equal amount of the First Amendment Term Loan to be funded by such Lender) pursuant to a cashless settlement mechanism acceptable to such Lender and the Administrative Agent.
