Repayment of Term Loan A. The Term Loan A shall be repaid in sixty (60) equal monthly installments of Sixteen Thousand Nine Hundred Thirty-Three and 33/100 Dollars ($16,933.33) payable on October 31, 2004 and on the corresponding day of each month thereafter (or if there is no corresponding day, on the last day of the month); provided, that any remaining outstanding principal balance of the Term Loan A shall be repaid at the end of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof. If any such payment due date is not a Business Day, then such payment may be made on the next succeeding Business Day and such extension of time shall be included in the computation of the amount of interest and fees due hereunder.
Repayment of Term Loan A. The principal amount of the Term Loan A shall be repaid in twenty (20) consecutive quarterly installments in the amounts as set forth below, unless accelerated sooner pursuant to Section 7.2: Principal Amortization Term Loan A Principal Amortization Payment Dates Payments (in U.S.$) June 30, 2008 $ 0 September 30, 2008 $ 0 December 31, 2008 $ 0 March 31, 2009 $ 0 June 30, 2009 $ 10,312,500 September 30, 2009 $ 10,312,500 December 31, 2009 $ 10,312,500 March 31, 2010 $ 10,312,500 June 30, 2010 $ 17,187,500 September 30, 2010 $ 17,187,500 December 31, 2010 $ 17,187,500 March 31, 2011 $ 17,187,500 June 30, 2011 $ 20,625,000 September 30, 2011 $ 20,625,000 December 31, 2011 $ 20,625,000 March 31, 2012 $ 20,625,000 June 30, 2012 $ 27,500,000 September 30, 2012 $ 27,500,000 December 31, 2012 $ 27,500,000 Revolving/TLA Maturity Date Outstanding principal amount of the Term Loan A
Repayment of Term Loan A. Interest on Term Loan A shall be paid monthly or as otherwise set forth in this Agreement. Commencing September 30, 2000, and on the last day of each calendar quarter thereafter, Borrower shall make quarterly installments of principal in the amount required in order to amortize fully the principal amount of Term Loan A, together with interest thereon at the rates of interest applicable under the Term Loan A Notes, over twenty (20) years and continuing until the Term Loan A Maturity Date, as follows: ---------------------------------------------------------------------- YEAR QUARTERLY PAYMENT AMOUNT ---------------------------------------------------------------------- 2000 $14,875 2001 $14,875 2002 $14,875 2003 $14,875 BALANCE DUE $1,011,500 ====================================================================== There will be one payment due on March 31, 2003 in the amount of $14,875 with the entire balance of principal and interest then unpaid due and payable on the Term Loan A Maturity Date. Such quarterly payment shall be credited to principal, and interest shall be paid separately as set forth herein.
Repayment of Term Loan A. The principal amount of the Term Loan A shall be repaid in consecutive quarterly installments on the dates set forth below, starting with the full fiscal quarter ending September 30, 2011, based on the quarterly percentages of the original principal amount of the Term Loan A set forth on the table below (provided, however, if such payment date is not a Business Day, such payment shall be due on the next succeeding Business Day), unless accelerated sooner pursuant to Section 7.2: Term Loan A Maturity Date The remaining outstanding principal amount of the Term Loan A The outstanding principal amount of the Term Loan A and all accrued but unpaid interest and other amounts payable with respect to the Term Loan A shall be repaid on the Term Loan A Maturity Date.
Repayment of Term Loan A. (a) The Term Loan A Facility Borrowers shall repay the specified percentage of the Term Loan A as at the end of the Term Loan Facility Commitment Period in the currency in which it was outstanding following the Switchover Date on the corresponding dates falling 5 Banking Days prior to the dates set out below (the “Repayment Dates”): 30 June 2000 1.66666 31 December 2000 1.66666 30 June 2001 1.66666 31 December 2001 3.33334 30 June 2002 3.33334 31 December 2002 6.66666 30 June 2003 6.66666 31 December 2003 10.00000 30 June 2004 10.00000 31 December 2004 10.00000 30 June 2005 13.33334 31 December 2005 13.33334 30 June 2006 18.33334 Back to Contents
(b) Without in any way limiting their obligations to repay contained in clause 6.1(a), the Term Loan A Facility Borrowers shall be entitled to decide which of the Term Loan A Advances are to be repaid on each Repayment Date pursuant to clause 6.1(a).
Repayment of Term Loan A. The principal amount of the Term Loan A shall be repaid in eighteen (18) consecutive fiscal quarterly installments as follows, unless accelerated sooner pursuant to Section 10.2: PRINCIPAL AMORTIZATION PAYMENT TERM LOAN A PRINCIPAL DATES AMORTIZATION PAYMENT -------------------------------- ------------------------------ June 30, 2004 $2,500,000 -------------------------------- ------------------------------ September 30, 2004 $2,500,000 -------------------------------- ------------------------------ December 31, 2004 $2,500,000 -------------------------------- ------------------------------ March 31, 2005 $2,500,000 -------------------------------- ------------------------------ June 30, 2005 $5,000,000 -------------------------------- ------------------------------ September 30, 2005 $5,000,000 -------------------------------- ------------------------------ December 31, 2005 $6,250,000 -------------------------------- ------------------------------ March 31, 2006 $6,250,000 -------------------------------- ------------------------------ June 30, 2006 $6,250,000 -------------------------------- ------------------------------ September 30, 2006 $6,250,000 -------------------------------- ------------------------------ December 31, 2006 $6,250,000 -------------------------------- ------------------------------ March 31, 2007 $6,250,000 -------------------------------- ------------------------------ June 30, 2007 $6,250,000 -------------------------------- ------------------------------ September 30, 2007 $6,250,000 -------------------------------- ------------------------------ December 31, 2007 $7,500,000 -------------------------------- ------------------------------ March 31, 2008 $7,500,000 -------------------------------- ------------------------------ June 30, 2008 $7,500,000 -------------------------------- ------------------------------ Revolving Commitment $7,500,000 Termination Date -------------------------------- ------------------------------
Repayment of Term Loan A. Borrower shall repay the unpaid principal amount of Term Loan A in quarterly installments of $750,000, commencing on October 1, 2000, and continuing on each Quarterly Payment Date, with a final installment in the amount of all outstanding principal of Term Loan A payable on the Term Loan A Maturity Date.
Repayment of Term Loan A. The principal amount of the Term Loan A shall be repaid in eighteen (18) consecutive fiscal quarterly installments as follows, unless accelerated sooner pursuant to Section 10.2:
Repayment of Term Loan A. The outstanding principal balance of Term Loan A shall be due and payable in (a) five (5) consecutive monthly installments, each in an amount equal to $45,833.33, commencing on the fifteenth (15th) day of the first (1st) month following the month in which the Petition Date occurs and continuing on the fifteenth (15th) day of each and every Fiscal Month thereafter, and (b) one (1) final installment in an amount equal to the total remaining outstanding principal balance of Term Loan A, together with all accrued but unpaid interest and charges thereon, which final installment shall be due and payable on the Termination Date. Any portion of the Term Loan A that is repaid may not be reborrowed.
Repayment of Term Loan A. Term Loan A shall be repaid in consecutive equal monthly installments of Thirty Thousand Dollars ($30,000.00) each, payable on the first day of each successive month commencing on March 1, 2004; provided, that any remaining outstanding principal balance of the Term Loan A shall be repaid at they end of the Original Tenn. If any such payment due date is not a Business Day, then such payment may be made on the next succeeding Business nay acid such extension of time shall be included in the computation of the amount of interest and fees due hereunder.
