Common use of Repayment of Term Loan Clause in Contracts

Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in equal consecutive quarterly installments of $338,175 on the last Business Day of each of March, June, September, and December commencing December 31, 2013. If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon and all other Obligations with respect to the Term Loan, on the Term Loan Maturity Date.

Repayment of Term Loan. The (i) Borrower shall repay the aggregate outstanding principal amount of the Term Loan in consecutive monthly installments, each in an amount equal consecutive quarterly installments of to $338,175 155,555.55 and each due and payable on the last Business Day first day of each of Marchcalendar month, Junecommencing on December 1, September, and December commencing December 31, 20132009. If not sooner paid, all outstanding principal and interest on the Term Loan shall be paid due and payable in full, together with accrued interest thereon and all other Obligations with respect to the Term Loan, full on the Term Loan Maturity Date.

Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in equal thirty (30) consecutive quarterly monthly installments of $338,175 on the last Business Day day of each month commencing April 30, 1996, the first twenty-nine (29) of March, June, September, which shall be in the amount of $500,000 and December commencing December 31, 2013the last of which shall be in the amount of $4,500,000 or such other principal amount as shall then remain unpaid under the Term Loan. If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon and all other Obligations with respect to the Term Loanthereon, on the Term Loan Maturity Date.

Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in equal consecutive quarterly installments of $338,175 300,000 on the last Business Day of each of March, June, September, and December commencing December 31, 20132011. If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon and all other Obligations with respect to the Term Loan, on the Term Loan Maturity Date.

Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in equal consecutive quarterly installments of $338,175 on the last Business Day of each of March, June, September, September and December commencing December March 31, 20132017 in an amount equal to $3,941,488.40, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof. If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon and all other Obligations with respect to the Term Loanthereon, on the Term Loan Maturity Date.”