Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 9.2: Term Loan Principal Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- April 30, 1999 $2,000,000 July 30, 1999 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 31, 2000 $2,500,000 October 31, 2000 $2,500,000 January 31, 2001 $2,500,000 April 30, 2001 $3,000,000 July 31, 2001 $3,000,000 October 31, 2001 $3,000,000 January 31, 2002 $3,000,000 April 30, 2002 $3,750,000 July 31, 2002 $3,750,000 October 31, 2002 $3,750,000 January 31, 2003 $3,750,000 Total $45,000,000
Appears in 1 contract
Samples: Credit Agreement (Pluma Inc)
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twelve (12) consecutive quarterly installments installments (as follows, unless accelerated sooner reduced pursuant to Section 9.22.09(a)) as follows: Principal Amortization Payment Date Term Loan Principal Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- April 30, 1999 $2,000,000 July 30, 1999 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 31, 2000 $2,500,000 October 31, 2000 $2,500,000 January 31, 2001 $2,500,000 April 30, 2001 $3,000,000 July 31, 2001 $3,000,000 October 31, 2001 $3,000,000 January 31, 2002 $3,000,000 April 30, 2002 $3,750,000 July 31, 2002 $3,750,000 October 31, 2002 $3,750,000 January December 31, 2003 $ 1,875,000 March 31, 2004 $ 1,875,000 June 30, 2004 $ 1,875,000 September 30, 2004 $ 1,875,000 December 31, 2004 $ 3,125,000 March 31, 2005 $ 3,125,000 June 30, 2005 $ 3,125,000 September 30, 2005 $ 3,125,000 December 31, 2005 $ 3,750,000 March 31, 2006 $ 3,750,000 June 30, 2006 $ 3,750,000 September 30, 2006 $3,750,000 Total $45,000,00043,750,000
Appears in 1 contract
Samples: Credit Agreement (Tredegar Corp)
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 9.27.2: Principal Amortization Term Loan Principal Payment Date Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- April 30, 1999 ------------ ------------------------------ March 31,2004 $ 937,500 June 30,2004 $ 937,500 September 30,2004 $ 937,500 December 31,2004 $ 937,500 March 31,2005 $ 937,500 June 30,2005 $ 937,500 September 30,2005 $ 937,500 December 31,2005 $ 937,500 March 31,2006 $2,000,000 July 30, 1999 1,250,000 June 30,2006 $2,000,000 October 29, 1999 1,250,000 September 30,2006 $2,000,000 January 31 , 2000 1,250,000 December 31,2006 $2,000,000 April 28, 2000 1,250,000 March 31,2007 $2,500,000 July 31, 2000 1,562,500 June 30,2007 $2,500,000 October 31, 2000 1,562,500 September 30,2007 $2,500,000 January 31, 2001 1,562,500 December 31,2007 $2,500,000 April 30, 2001 1,562,500 March 31,2008 $3,000,000 July 31, 2001 1,562,500 June 30,2008 $3,000,000 October 31, 2001 1,562,500 September 30,2008 $3,000,000 January 31, 2002 1,562,500 December 31,2008 $3,000,000 April 30, 2002 $3,750,000 July 31, 2002 $3,750,000 October 31, 2002 $3,750,000 January 31, 2003 $3,750,000 Total $45,000,0001,562,500
Appears in 1 contract
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 9.2: Term Loan 12.2. Principal Principal Amortization Amortization Payment Dates Principal Amortization Payment -------------------- -------------------- April March 31, 2008 $62,500 June 30, 1999 2008 $2,000,000 July 62,500 September 30, 1999 2008 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 62,500 December 31, 2000 2008 $2,500,000 October 62,500 March 31, 2000 2009 $2,500,000 January 62,500 June 30, 2009 $62,500 September 30, 2009 $62,500 December 31, 2001 2009 $2,500,000 April 62,500 March 31, 2010 $62,500 June 30, 2001 2010 $3,000,000 July 62,500 September 30, 2010 $62,500 December 31, 2001 2010 $3,000,000 October 31, 2001 62,500 Maturity Date $3,000,000 January 31, 2002 $3,000,000 April 30, 2002 $3,750,000 July 31, 2002 $3,750,000 October 31, 2002 $3,750,000 January 31, 2003 $3,750,000 Total $45,000,00024,250,000 or the remaining outstanding principal amount of the Term Loan
Appears in 1 contract
Samples: Term Loan and Security Agreement (Santana Products Inc.)
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments in the amounts as follows, unless accelerated sooner pursuant to Section 9.2set forth below as: Principal Amortization Payment Term Loan Principal Date Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- April ------------------------------ ------------------------------ September 30, 1999 $2,000,000 July 2005 $ 0 December 31, 2005 $ 0 March 31, 2006 $ 0 June 30, 1999 $2,000,000 October 292006 $ 0 September 30, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 2006 $ 6,250,000 December 31, 2000 $2,500,000 October 2006 $ 6,250,000 March 31, 2000 $2,500,000 January 2007 $ 6,250,000 June 30, 2007 $ 6,250,000 September 30, 2007 $ 6,250,000 December 31, 2001 $2,500,000 April 2007 $ 6,250,000 March 31, 2008 $ 6,250,000 June 30, 2001 2008 $ 6,250,000 September 30, 2008 $3,000,000 July 18,750,000 December 31, 2001 2008 $3,000,000 October 18,750,000 March 31, 2001 2009 $3,000,000 January 18,750,000 June 30, 2009 $18,750,000 September 30, 2009 $31,250,000 43 December 31, 2002 2009 $3,000,000 April 30, 2002 $3,750,000 July 31,250,000 March 31, 2002 2010 $3,750,000 October 31, 2002 $3,750,000 January 31, 2003 $3,750,000 Total $45,000,00031,250,000 Maturity Date Outstanding principal amount of the Term Loan
Appears in 1 contract
Samples: Credit Agreement (Rock-Tenn CO)
Repayment of Term Loan. The Borrower hereby promises to pay the outstanding principal amount of the Term Loan shall be repaid in consecutive quarterly installments commencing September 30, 2002 as followsfollows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 3.3), in each case unless accelerated sooner pursuant to Section 9.2: Principal Amortization Payment Term Loan Principal Principal Amortization Amortization Date Payment Dates Payment -------------------- -------------------- April September 30, 1999 2002 $2,000,000 July 30, 1999 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 31, 2000 $2,500,000 October 31, 2000 $2,500,000 January 31, 2001 $2,500,000 April 30, 2001 $3,000,000 July 31, 2001 $3,000,000 October 31, 2001 $3,000,000 January 1,666,666.67 December 31, 2002 $3,000,000 April 1,666,666.67 March 31, 2003 $1,666,666.66 June 30, 2002 2003 $3,750,000 July 31September 30, 2002 2003 $3,750,000 October 31, 2002 $3,750,000 January December 31, 2003 $3,750,000 Total March 31, 2004 $45,000,0003,750,000 June 30, 2004 $5,000,000 September 30, 2004 $5,000,000 December 31, 2004 $5,000,000 March 31, 2005 $5,000,000 June 30, 2005 $6,250,000 September 30, 2005 $6,250,000 December 31, 2005 $6,250,000 March 31, 2006 $6,250,000 June 30, 2006 $8,750,000 September 30, 2006 $8,750,000 December 31, 2006 $8,750,000 Maturity Date $8,750,000
Appears in 1 contract
Samples: Credit Agreement (Aaipharma Inc)
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments in the amounts as followsset forth below, unless accelerated sooner pursuant to Section 9.27.2: Principal Amortization Payment Dates Term Loan Principal Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- April Payments (in $) June 30, 1999 2022 $2,000,000 July 3,125,000 September 30, 1999 2022 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2,500,000 July 3,125,000 December 31, 2000 2022 $2,500,000 October 3,125,000 March 31, 2000 2023 $2,500,000 January 3,125,000 June 30, 2023 $3,125,000 September 30, 2023 $3,125,000 December 31, 2001 2023 $2,500,000 April 3,125,000 March 31, 2024 $3,125,000 June 30, 2001 2024 $3,000,000 July 3,125,000 September 30, 2024 $3,125,000 December 31, 2001 2024 $3,000,000 October 3,125,000 March 31, 2001 2025 $3,000,000 January 4,687,500 June 30, 2025 $4,687,500 September 30, 2025 $4,687,500 December 31, 2002 2025 $3,000,000 April 4,687,500 March 31, 2026 $6,250,000 June 30, 2002 2026 $3,750,000 July 6,250,000 September 30, 2026 $6,250,000 December 31, 2002 2026 $3,750,000 October 31, 2002 $3,750,000 January 31, 2003 $3,750,000 Total $45,000,0006,250,000
Appears in 1 contract
Samples: Credit Agreement (Mednax, Inc.)
Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in twenty (20) consecutive quarterly installments in the amounts as followsset forth below, unless accelerated sooner pursuant to Section 9.27.2: Principal Amortization Payment Dates Term Loan Principal Principal Amortization Amortization Payment Dates Payment -------------------- -------------------- Payments (in $) January 31, 2015 2,500,000 April 30, 1999 $2,000,000 July 30, 1999 $2,000,000 October 29, 1999 $2,000,000 January 31 , 2000 $2,000,000 April 28, 2000 $2015 2,500,000 July 31, 2000 $2015 2,500,000 October 31, 2000 $2015 2,500,000 January 31, 2001 $2016 2,500,000 April 30, 2001 $3,000,000 2016 2,500,000 July 31, 2001 $3,000,000 2016 2,500,000 October 31, 2001 $3,000,000 2016 2,500,000 January 31, 2002 $3,000,000 2017 5,000,000 April 30, 2002 $3,750,000 2017 5,000,000 July 31, 2002 $3,750,000 2017 5,000,000 October 31, 2002 $3,750,000 2017 5,000,000 January 31, 2003 $3,750,000 Total $45,000,0002018 7,500,000 April 30, 2018 7,500,000 July 31, 2018 7,500,000 October 31, 2018 7,500,000 January 31, 2019 10,000,000 April 30, 2019 10,000,000 July 31, 2019 10,000,000 Maturity Date Outstanding principal amount of the Term Loan
Appears in 1 contract
Samples: Credit Agreement (Mednax, Inc.)