Common use of Repayment of Term Loans and Revolving Facility Loans Clause in Contracts

Repayment of Term Loans and Revolving Facility Loans. Subject to the other paragraphs of this Section, the Borrower shall repay Term Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date (each such date being referred to as a “Term Loan Installment Date”): Date Amount of Term Borrowings to be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 March 31, 2007 $ 912,877 June 30, 2007 $ 912,877 September 30, 2007 $ 912,877 December 31, 2007 $ 912,877 March 31, 2008 $ 912,877 June 30, 2008 $ 912,877 September 30, 2008 $ 912,877 December 31, 2008 $ 912,877 March 31, 2009 $ 912,877 June 30, 2009 $ 912,877 September 30, 2009 $ 912,877 December 31, 2009 $ 912,877 March 31, 2010 $ 912,877 June 30, 2010 $ 912,877 September 30, 2010 $ 912,877 December 31, 2010 $ 912,877 March 31, 2011 $ 912,877 June 30, 2011 $ 912,877 September 30, 2011 $ 912,877 December 31, 2011 $ 912,877 Term Facility Maturity Date $ 340,503,075

Appears in 2 contracts

Samples: Second Amendment (PQ Systems INC), Second Amendment (PQ Systems INC)

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Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, (i) the Borrower shall repay Term B Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date or, if such date is not a Business Day, the next preceding Business Day (each such date being referred to as a “Term B Loan Installment Date”): Date Amount of Term B Borrowings to be Be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 712,500.00 March 31, 2007 $ 912,877 712,500.00 June 30, 2007 $ 912,877 712,500.00 September 30, 2007 $ 912,877 712,500.00 December 31, 2007 $ 912,877 712,500.00 March 31, 2008 $ 912,877 712,500.00 June 30, 2008 $ 912,877 712,500.00 September 30, 2008 $ 912,877 712,500.00 December 31, 2008 $ 912,877 712,500.00 March 31, 2009 $ 912,877 712,500.00 June 30, 2009 $ 912,877 712,500.00 September 30, 2009 $ 912,877 712,500.00 December 31, 2009 $ 912,877 712,500.00 March 31, 2010 $ 912,877 712,500.00 June 30, 2010 $ 912,877 712,500.00 September 30, 2010 $ 912,877 712,500.00 December 31, 2010 $ 912,877 712,500.00 March 31, 2011 $ 912,877 712,500.00 June 30, 2011 $ 912,877 712,500.00 September 30, 2011 $ 912,877 712,500.00 December 31, 2011 $ 912,877 712,500.00 March 31, 2012 $ 712,500.00 June 30, 2012 $ 712,500.00 September 30, 2012 $ 712,500.00 December 31, 2012 $ 712,500.00 March 31, 2013 $ 712,500.00 June 30, 2013 $ 712,500.00 Term B Facility Maturity Date $ 340,503,075265,762,500.00

Appears in 2 contracts

Samples: Credit Agreement (Verso Paper Holdings LLC), Credit Agreement (Verso Sartell LLC)

Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, (i) the Borrower Borrowers shall repay Term B Borrowings on each date set forth below or, if any such date is not a Business Day, on the next succeeding Business Day, in the aggregate principal amount set forth below opposite such date (each such date being referred to as a “Term B Loan Installment Date”): Date Amount of Term B Borrowings to be Be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 1,525,000.00 March 31, 2007 $ 912,877 1,525,000.00 June 30, 2007 $ 912,877 1,525,000.00 September 30, 2007 $ 912,877 1,525,000.00 December 31, 2007 $ 912,877 1,525,000.00 March 31, 2008 $ 912,877 1,525,000.00 June 30, 2008 $ 912,877 1,525,000.00 September 30, 2008 $ 912,877 1,525,000.00 December 31, 2008 $ 912,877 1,525,000.00 March 31, 2009 $ 912,877 1,525,000.00 June 30, 2009 $ 912,877 1,525,000.00 September 30, 2009 $ 912,877 1,525,000.00 December 31, 2009 $ 912,877 1,525,000.00 March 31, 2010 $ 912,877 1,525,000.00 June 30, 2010 $ 912,877 1,525,000.00 September 30, 2010 $ 912,877 1,525,000.00 December 31, 2010 $ 912,877 1,525,000.00 March 31, 2011 $ 912,877 1,525,000.00 June 30, 2011 $ 912,877 1,525,000.00 September 30, 2011 $ 912,877 1,525,000.00 December 31, 2011 $ 912,877 1,525,000.00 March 31, 2012 $ 1,525,000.00 June 30, 2012 $ 1,525,000.00 September 30, 2012 $ 1,525,000.00 December 31, 2012 $ 1,525,000.00 March 31, 2013 $ 1,525,000.00 June 30, 2013 $ 1,525,000.00 Term B Facility Maturity Date $ 340,503,075568,825,000.00

Appears in 1 contract

Samples: Credit Agreement (Rexnord Corp)

Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, (i) the Borrower Borrowers shall repay Term Borrowings Loans ratably in accordance with paragraph (e) of this Section on each date set forth below or, if any such date is not a Business Day, on the next succeeding Business Day, in the aggregate principal amount set forth below opposite such date (each such date being referred to as a “Term Loan Installment Date”): Date Amount of Term Borrowings to be Be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 March 31, 2007 $ 912,877 June 30, 2007 $ 912,877 September 30, 2007 $ 912,877 December 31, 2007 $ 912,877 March July 31, 2008 $ 912,877 June 30, 2008 $ 912,877 September 30, 2008 $ 912,877 December 6,250,000.00 October 31, 2008 $ 912,877 March 6,250,000.00 January 31, 2009 $ 912,877 June 6,250,000.00 April 30, 2009 $ 912,877 September 30, 2009 $ 912,877 December 6,250,000.00 July 31, 2009 $ 912,877 March 6,250,000.00 October 31, 2009 $ 6,250,000.00 January 31, 2010 $ 912,877 June 6,250,000.00 Date Amount of Term Borrowings to Be Repaid April 30, 2010 $ 912,877 September 30, 2010 $ 912,877 December 6,250,000.00 July 31, 2010 $ 912,877 March 6,250,000.00 October 31, 2010 $ 6,250,000.00 January 31, 2011 $ 912,877 June 6,250,000.00 April 30, 2011 $ 912,877 September 30, 2011 $ 912,877 December 6,250,000.00 July 31, 2011 $ 912,877 Term Facility 6,250,000.00 October 31, 2011 $ 6,250,000.00 January 31, 2012 $ 6,250,000.00 April 30, 2012 $ 6,250,000.00 July 31, 2012 $ 6,250,000.00 October 31, 2012 $ 6,250,000.00 January 31, 2013 $ 6,250,000.00 April 30, 2013 $ 6,250,000.00 July 31, 2013 $ 6,250,000.00 October 31, 2013 $ 6,250,000.00 January 31, 2014 $ 6,250,000.00 April 30, 2014 $ 6,250,000.00 Maturity Date $ 340,503,075Remaining amount of all Term Loans then outstanding

Appears in 1 contract

Samples: Credit Agreement (Mariner, LLC)

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Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, the Borrower shall repay Term Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date or, if such date is not a Business Day, the immediately preceding Business Day (each such date being referred to as a “Term Loan Installment Date”): Date Amount of Term Borrowings to be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 225,000 March 31, 2007 $ 912,877 225,000 June 30, 2007 $ 912,877 225,000 September 30, 2007 $ 912,877 225,000 December 31, 2007 $ 912,877 225,000 March 31, 2008 $ 912,877 225,000 June 30, 2008 $ 912,877 225,000 September 30, 2008 $ 912,877 225,000 December 31, 2008 $ 912,877 225,000 March 31, 2009 $ 912,877 225,000 June 30, 2009 $ 912,877 225,000 September 30, 2009 $ 912,877 225,000 December 31, 2009 $ 912,877 225,000 -40- Date Amount of Term Borrowings to be Repaid March 31, 2010 $ 912,877 225,000 June 30, 2010 $ 912,877 225,000 September 30, 2010 $ 912,877 225,000 December 31, 2010 $ 912,877 225,000 March 31, 2011 $ 912,877 225,000 June 30, 2011 $ 912,877 225,000 September 30, 2011 $ 912,877 225,000 December 31, 2011 $ 912,877 225,000 March 31, 2012 $ 225,000 June 30, 2012 $ 225,000 September 30, 2012 $ 225,000 December 31, 2012 $ 225,000 March 31, 2013 $ 225,000 June 30, 2013 $ 225,000 Term Facility Maturity Date $ 340,503,07583,925,000 (b) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the Revolving Facility Maturity Date.

Appears in 1 contract

Samples: Control Agreement (Secure Computing Corp)

Repayment of Term Loans and Revolving Facility Loans. (a) Subject to the other paragraphs of this Section, (i) the Borrower shall repay Term B Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date or, if such date is not a Business Day, the next preceding Business Day (each such date being referred to as a "Term B Loan Installment Date"): Date Amount of Term B Date Borrowings to be Be Repaid June 30, 2005 $ 837,500 September 30, 2005 $ 837,500 December 31, 2005 $ 912,877 March 31, 2006 $ 912,877 June 30, 2006 $ 912,877 September 30, 2006 $ 912,877 December 31, 2006 $ 912,877 March 31, 2007 $ 912,877 June 30, 2007 $ 912,877 --------------------------------- -------------------------- September 30, 2007 $ 912,877 $3,625,000 December 31, 2007 $ 912,877 $3,625,000 March 31, 2008 $ 912,877 $3,625,000 June 30, 2008 $ 912,877 $3,625,000 September 30, 2008 $ 912,877 $3,625,000 December 31, 2008 $ 912,877 $3,625,000 March 31, 2009 $ 912,877 $3,625,000 June 30, 2009 $ 912,877 $3,625,000 September 30, 2009 $ 912,877 $3,625,000 December 31, 2009 $ 912,877 $3,625,000 March 31, 2010 $ 912,877 $3,625,000 June 30, 2010 $ 912,877 $3,625,000 September 30, 2010 $ 912,877 $3,625,000 December 31, 2010 $ 912,877 $3,625,000 March 31, 2011 $ 912,877 $3,625,000 June 30, 2011 $ 912,877 $3,625,000 September 30, 2011 $ 912,877 $3,625,000 December 31, 2011 $ 912,877 $3,625,000 March 31, 2012 $3,625,000 June 30, 2012 $3,625,000 September 30, 2012 $3,625,000 December 31, 2012 $3,625,000 March 31, 2013 $3,625,000 June 30, 2013 $3,625,000 September 30, 2013 $3,625,000 December 31, 2013 $3,625,000 March 31, 2014 $3,625,000 Term B Facility Maturity Date $ 340,503,075$1,352,125,000

Appears in 1 contract

Samples: Credit Agreement (Claires Stores Inc)

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