Common use of Repayment of Term Loan Clause in Contracts

Repayment of Term Loan. The principal amount of the 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 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: The outstanding principal amount of the Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Infospace Inc)

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Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments of $625,000 to be paid on the dates set forth belowlast day of each of February, based on May, August and November (beginning with the quarterly percentages of the original principal amount of the Term Loan set forth on the table below 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 Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments of $1,250,000 to be paid on the dates set forth belowfirst day of each of March, based on the quarterly percentages of the original principal amount of the Term Loan set forth on the table below June, September and December (beginning September 1, 2014) (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 Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments on the dates set forth below, based starting with the fiscal quarter ending on May 31, 2012, in the quarterly percentages of the original principal amount of the Term Loan amounts set forth opposite the applicable fiscal quarter 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: The outstanding principal amount of the Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (VOXX International Corp)

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Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments on the dates set forth belowinstallments, based on the quarterly percentages of the original principal starting July 31, 2009, in an amount of the Term Loan set forth on the table below equal to $1,000,000 (provided, however, if such payment date is not a Business Day, such payment shall be due on the next preceding Business Day), unless accelerated sooner pursuant to Section 7.2: 10.2. The outstanding principal amount of the Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid on the Term Loan Maturity Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Newark Group, Inc)

Repayment of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive quarterly installments in an amount equal to $1,000,000 on the dates set forth below, based on the quarterly percentages last day of each fiscal quarter of the original principal amount of the Term Loan Borrower as set forth on the table below Schedule 2.2(b) (provided, however, that 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 . Notwithstanding the foregoing, any outstanding principal amount of the Term Loan and all accrued but unpaid interest and other amounts payable with respect to the Term Loan shall be repaid fully due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bravo Brio Restaurant Group, Inc.)

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