Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.
Appears in 4 contracts
Samples: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount September 30, 2014 $ 12,500,000 December 31, 2014 $ 12,500,000 March 31, 2011 2015 $ 12,500,000 June 30, 2011 2015 $ 12,500,000 September 30, 2011 2015 $ 12,500,000 December 31, 2011 2015 $ 12,500,000 March 31, 2012 2016 $ 12,500,000 June 30, 2012 2016 $ 12,500,000 September 30, 2012 2016 $ 12,500,000 18,750,000 December 31, 2012 2016 $ 12,500,000 18,750,000 March 31, 2013 2017 $ 18,750,000 June 30, 2017 $ 18,750,000 September 30, 2017 $ 25,000,000 December 31, 2017 $ 25,000,000 March 31, 2018 $ 25,000,000 June 30, 2013 2018 $ 25,000,000 September 30, 2013 2018 $ 25,000,000 December 31, 2013 2018 $ 25,000,000 March 31, 2014 2019 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 25,000,000 Tranche A Term Loan Maturity Date $ 537,500,000 650,000,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 27 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31September 30, 20112014), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Davita Healthcare Partners Inc.)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 13 consecutive quarterly installments and semi-annual installments, commencing on the Tranche A Term Loan Maturity DateMarch 31, 1998, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount ----------- ---------------- March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 1998 $13,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 1998 13,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 1999 20,000,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 1999 20,000,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 2000 28,500,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 2000 28,500,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 2001 36,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 2001 36,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 2002 41,000,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2002 41,000,000 March 31, 2003 45,500,000 September 30, 2003 45,500,000 May 31, 2004 50,000,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 16 consecutive quarterly installments on the last day of each Septembersemi-annual installments, December, March and June (commencing on March 31, 2011)1998, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the 's Tranche B Term Loan Maturity Date in an Percentage multiplied by the amount equal to all remaining outstanding Tranche B Term Loans of set forth below opposite such Tranche B Term Lender.installment: Installment Principal Amount ----------- ---------------- March 31, 1998 $ 200,000 September 30, 1998 200,000 March 31, 1999 200,000 September 30, 1999 200,000 March 31, 2000 200,000 September 30, 2000 200,000 March 31, 2001 200,000 September 30, 2001 200,000 March 31, 2002 200,000 September 30, 2002 200,000 March 31, 2003 200,000 September 30, 2003 200,000 March 31, 2004 200,000 September 30, 2004 20,000,000 March 31, 2005 63,700,000 October 31, 2005 63,700,000
Appears in 2 contracts
Samples: Credit Agreement (International Home Foods Inc), Credit Agreement (International Home Foods Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan Loans of each Tranche A Term Loan Lender shall mature in 20 16 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateSeptember 30, 1999, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31installment (provided, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 that if less than the full amount of the Tranche A Term Loan Maturity Date Commitments is actually drawn by the Borrower, then the amount of each such installment shall be proportionally reduced): Installment Principal Amount ----------- ---------------- September 30, 1999 $ 537,500,000 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $ 5,000,000 September 30, 2000 $ 6,250,000 December 31, 2000 $ 6,250,000 March 31, 2001 $ 6,250,000 June 30, 2001 $ 6,250,000 September 30, 2001 $ 6,250,000 December 31, 2001 $ 6,250,000 March 31, 2002 $ 6,250,000 June 30, 2002 $ 6,250,000 September 30, 2002 $ 7,500,000 December 31, 2002 $ 7,500,000 March 31, 2003 $ 7,500,000 June 30, 2003 $ 7,500,000.
(b) The Tranche B Term Loan of each Tranche B Term Loan Lender shall mature (i) in 23 22 consecutive quarterly installments on the last day of each Septemberinstallments, December, March and June (commencing on March 31September 30, 2011)1998, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% of the aggregate principal amount set forth below opposite such installment (provided, that if less than the full amount of the Tranche B Term Loans outstanding on Loan Commitments is actually drawn by the Closing Date immediately after funding Borrower, then the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of each such Tranche B Term Lenderinstallment shall be proportionally reduced): Installment Principal Amount ----------- ---------------- September 30, 1998 $ 250,000 December 31, 1998 $ 250,000 March 31, 1999 $ 250,000 June 30, 1999 $ 250,000 September 30, 1999 $ 250,000 December 31, 1999 $ 250,000 March 31, 2000 $ 250,000 June 30, 2000 $ 250,000 September 30, 2000 $ 250,000 December 31, 2000 $ 250,000 March 31, 2001 $ 250,000 June 30, 2001 $ 250,000 September 30, 2001 $ 250,000 December 31, 2001 $ 250,000 March 31, 2002 $ 250,000 June 30, 2002 $ 250,000 September 30, 2002 $ 250,000 December 31, 2002 $ 250,000 March 31, 2003 $ 250,000 June 30, 2003 $ 250,000 September 30, 2003 $ 250,000 December 31, 2003 $ 94,750,000.
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Term Loan Loans of each Tranche A Term Loan Lender shall mature in 20 consecutive quarterly installments and (other than with respect to the last installment, which shall be due on the Tranche A Term Loan Maturity DateJuly 22, 2004), commencing on June 30, 1999, in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by of the amount set forth below opposite the date on which such installmentinstallment is due: Installment Due Date Principal Amount Percentage ----------- ---------- June 30, 1999 $787,500 September 30, 1999 $787,500 December 31, 1999 $787,500 March 31, 2011 $ 12,500,000 2000 $787,500 June 30, 2011 $ 12,500,000 2000 $1,312,500 September 30, 2011 $ 12,500,000 2000 $1,312,500 December 31, 2011 $ 12,500,000 2000 $1,312,500 March 31, 2012 $ 12,500,000 2001 $1,312,500 June 30, 2012 $ 12,500,000 2001 $5,775,000 September 30, 2012 $ 12,500,000 2001 $5,775,000 December 31, 2012 $ 12,500,000 2001 $5,775,000 March 31, 2013 $ 25,000,000 2002 $5,775,000 June 30, 2013 $ 25,000,000 2002 $5,775,000 September 30, 2013 $ 25,000,000 2002 $5,775,000 December 31, 2013 $ 25,000,000 2002 $7,350,000 March 31, 2014 $ 37,500,000 2003 $7,350,000 June 30, 2014 $ 37,500,000 2003 $7,875,000 September 30, 2014 $ 37,500,000 2003 $7,875,000 December 31, 2014 $ 37,500,000 2003 $7,875,000 March 31, 2015 $ 37,500,000 2004 $7,875,000 June 30, 2015 $ 37,500,000 September 302004 $7,875,000 July 22, 2015 $ 37,500,000 2004 $7,875,000 Any Tranche A Term Loan Maturity Date $ 537,500,000 Loans outstanding on July 22, 2004 shall be due and payable on such date.
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on (other than with respect to the last day of each Septemberinstallment, Decemberwhich shall be due on April 22, March and June (2005), commencing on March 31June 30, 2011)1999, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% of the aggregate principal amount of set forth opposite the date on which such installment is due: Installment Percentage ----------- ---------- June 30, 1999 $300,000 September 30, 1999 $300,000 December 31, 1999 $300,000 March 31, 2000 $300,000 June 30, 2000 $300,000 September 30, 2000 $300,000 December 31, 2000 $300,000 March 31, 2001 $300,000 June 30, 2001 $300,000 September 30, 2001 $300,000 December 31, 2001 $300,000 March 31, 2002 $300,000 June 30, 2002 $300,000 September 30, 2002 $300,000 December 31, 2002 $300,000 March 31, 2003 $300,000 June 30, 2003 $300,000 25 September 30, 2003 $300,000 December 31, 2003 $300,000 March 31, 2004 $300,000 June 30, 2004 $300,000 September 30, 2004 $300,000 December 31, 2004 $47,700,000 March 31, 2005 $47,700,000 April 22, 2005 $48,000,000 Any Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility April 22, 2005 shall be due and (ii) payable on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lenderdate.
Appears in 1 contract
Samples: Credit Agreement (Ddi Corp)
Repayment of Term Loans. (a) The From and after the borrowing of the Tranche A Term Loans, the Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 19 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount December 31, 2019 $10,937,500 March 31, 2011 $ 12,500,000 2020 $10,937,500 June 30, 2011 $ 12,500,000 2020 $10,937,500 September 30, 2011 $ 12,500,000 2020 $10,937,500 December 31, 2011 $ 12,500,000 2020 $21,875,000 March 31, 2012 $ 12,500,000 2021 $21,875,000 June 30, 2012 $ 12,500,000 2021 $21,875,000 September 30, 2012 $ 12,500,000 2021 $21,875,000 December 31, 2012 $ 12,500,000 2021 $21,875,000 March 31, 2013 $ 25,000,000 2022 $21,875,000 June 30, 2013 $ 25,000,000 2022 $21,875,000 September 30, 2013 $ 25,000,000 2022 $21,875,000 December 31, 2013 $ 25,000,000 2022 $32,812,500 March 31, 2014 $ 37,500,000 2023 $32,812,500 June 30, 2014 $ 37,500,000 2023 $32,812,500 September 30, 2014 $ 37,500,000 2023 $32,812,500 December 31, 2014 $ 37,500,000 2023 $43,750,000 March 31, 2015 $ 37,500,000 2024 $43,750,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 2024 $43,750,000 Tranche A Term Loan Maturity Date $ 537,500,000 $1,268,750,000
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 27 consecutive quarterly installments on the last day of each SeptemberMarch, DecemberJune, March September and June December (commencing on March December 31, 20112019), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.
Appears in 1 contract
Samples: Credit Agreement (Davita Inc.)
Repayment of Term Loans. (a) The From and after the borrowing of the Tranche A Term Loans, the Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 19 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount December 31, 2019 $10,937,500 March 31, 2011 $ 12,500,000 2020 $10,937,500 June 30, 2011 $ 12,500,000 2020 $10,937,500 September 30, 2011 $ 12,500,000 2020 $10,937,500 December 31, 2011 $ 12,500,000 2020 $21,875,000 March 31, 2012 $ 12,500,000 2021 $21,875,000 June 30, 2012 $ 12,500,000 2021 $21,875,000 September 30, 2012 $ 12,500,000 2021 $21,875,000 December 31, 2012 $ 12,500,000 2021 $21,875,000 March 31, 2013 $ 25,000,000 2022 $21,875,000 June 30, 2013 $ 25,000,000 2022 $21,875,000 September 30, 2013 $ 25,000,000 2022 $21,875,000 December 31, 2013 $ 25,000,000 2022 $32,812,500 March 31, 2014 $ 37,500,000 2023 $32,812,500 June 30, 2014 $ 37,500,000 2023 $32,812,500 September 30, 2014 $ 37,500,000 2023 $32,812,500 December 31, 2014 $ 37,500,000 2023 $43,750,000 March 31, 2015 $ 37,500,000 2024 $43,750,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 2024 $43,750,000 Tranche A Term Loan Maturity Date $ 537,500,000 $1,268,750,000
(b) The Tranche B B-1 Term Loan of each Tranche B B-1 Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each SeptemberMarch, DecemberJune, March September and June December (commencing on March 31, 20112020), each in an amount equal to such Lender’s Tranche B B-1 Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B B-1 Term Loans outstanding on the Closing First Amendment Effective Date immediately after funding the Tranche B B-1 Term Facility Facility, until the Tranche B-1 Term Loan Maturity Date and (ii) on the Tranche B B-1 Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B B-1 Term Loans of such Tranche B B-1 Term Lender.
Appears in 1 contract
Samples: Credit Agreement (Davita Inc.)
Repayment of Term Loans. (a) The Tranche A Dollar Term Loan of each Tranche A Term Lender Loans shall mature be payable in 20 consecutive quarterly installments on the last day of each March, June, September and December of each year (except the last such installment shall be payable on the Tranche A Dollar Term Loan Maturity Date), commencing on June 30, 2000, in an aggregate amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount for each period set forth below opposite such installment: Installment Due Date period (with the installments during each such period being equal in amount): Period Principal Amount March 31, 2011 ------ ---------------- 04/01/00 - 12/31/00 $ 7,500,000 01/01/01 - 12/31/01 $12,500,000 June 30, 2011 01/01/02 - 12/31/02 $12,500,000 01/01/03 - 12/31/03 $12,500,000 01/01/04 - 12/31/04 $12,500,000 01/01/05 - 03/31/05 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 5,000,000
(b) The Tranche B A Euro Term Loan Loans shall be payable in 22 consecutive quarterly installments on the last day of each March, June, September and December of each year (except the last such installment shall be payable on the Tranche A Euro Term Maturity Date), commencing on September 30, 2000, in an aggregate amount for each period set forth below opposite such period (with the installments during each such period being equal in amount): Period Principal Amount ------ ---------------- 07/01/00 - 12/31/00 (E) 2,200,000 01/01/01 - 12/31/01 (E) 4,400,000 01/01/02 - 12/31/02 (E) 8,700,000 01/01/03 - 12/31/03 (E) 8,700,000 01/01/04 - 12/31/04 (E)11,000,000 01/01/05 - 9/30/05 (E)10,000,000 12/30/05 (E)37,000,000
(c) The Tranche B Term Lender Loans shall mature (i) be payable in 23 consecutive quarterly installments on the last day of each SeptemberMarch, DecemberJune, March September and June December of each year (except the last such installment shall be payable on the Tranche B Maturity Date), commencing on March 31June 30, 20112000, the first 21 of which shall each be in the amount of $412,500 and the last two of which shall each be in the amount of $77,637,500.
(d) The Tranche C Term Loans shall be payable in 27 consecutive quarterly installments on the last day of each March, June, September and December of each year (except the last such installment shall be payable on the Tranche C Maturity Date), commencing on June 30, 2000, the first 25 of which shall each be in an the amount of $212,500 and the last two of which shall each be in the amount of $39,312,500.
(e) The Borrower agrees that, upon the request to the Administrative Agent by any Tranche A Dollar Term Lender, which request is communicated to the Borrower, the Borrower will execute and deliver to such Tranche A Dollar Term Lender a promissory note of the Borrower dated 30 37 the Effective Date or such date such Lender becomes a party hereto, as appropriate, evidencing the Tranche A Dollar Term Loans made by such Tranche A Dollar Term Lender, substantially in the form of Exhibit I-1A (a "Tranche A Dollar Term Note"), payable to the order of such Tranche A Dollar Term Lender and in a principal amount equal to, in the case of Tranche A Dollar Term Notes issued on the Effective Date, the lesser of (A) the initial Tranche A Dollar Term Commitment of such Tranche A Dollar Term Lender or (B) the unpaid principal amount of the Tranche A Dollar Term Loan made by such Tranche A Dollar Term Lender, and, in the case of Tranche A Dollar Term Notes issued after the Effective Date, the unpaid principal amount of the Tranche A Dollar Term Loan made by such Tranche A Dollar Term Lender. Each Tranche A Dollar Term Lender is hereby authorized to record the date, Type and amount of each Tranche A Dollar Term Loan made by such Tranche A Dollar Term Lender, the date and amount of each payment or prepayment of principal thereof, each continuation thereof, each conversion of all or a portion thereof to another Type and, in the case of Eurodollar Loans, the length of each Interest Period and Adjusted LIBO Rate with respect thereto, on the schedule (or any continuation of the schedule) annexed to and constituting a part of its Tranche A Dollar Term Note, and any such recordation shall, to the extent permitted by applicable law, constitute prima facie evidence of the accuracy of the information so recorded, provided that the failure to make any such recordation (or any error therein) shall not affect the obligation of the Borrower to repay (with applicable interest) the Tranche A Dollar Term Loans made to the Borrower in accordance with the terms of this Agreement. A Tranche A Dollar Term Note and the Obligations evidenced thereby may be assigned or otherwise transferred in whole or in part only by registration of such assignment or transfer of such Tranche A Dollar Term Note and the Obligations evidenced thereby in the Register (and each Tranche A Dollar Term Note shall expressly so provide).
(f) The Borrower agrees that, upon the request to the Administrative Agent by any Tranche A Euro Term Lender, which request is communicated to the Borrower, the Borrower will execute and deliver to such Tranche A Euro Term Lender a promissory note of the Borrower dated the Effective Date or such date such Lender becomes a party hereto, as appropriate, evidencing the Tranche A Euro Term Loans made by such Tranche A Euro Term Lender’s , substantially in the form of Exhibit I-1B (a "Tranche A Euro Term Note"), payable to the order of such Tranche A Euro Term Lender and in a principal amount equal to, in the case of Tranche A Euro Term Notes issued on the Effective Date, the lesser of (A) the initial Tranche A Euro Term Commitment of such Tranche A Euro Term Lender or (B) the unpaid principal amount of the Tranche A Euro Term Loan made by such Tranche A Dollar Term Lender, and, in the case of Tranche A Euro Term Notes issued after the Effective Date, the unpaid principal amount of the Tranche A Euro Term Loan made by such Tranche A Euro Term Lender. Each Tranche A Euro Term Lender is hereby authorized to record the date and amount of each Tranche A Euro Term Loan made by such Tranche A Euro Term Lender, the date and amount of each payment or prepayment of principal thereof, and the length of each Interest Period and the Adjusted EURIBO Rate with respect thereto, on the schedule (or any continuation of the schedule) annexed to and constituting a part of its Tranche A Euro Term Note, and any such recordation shall, to the extent permitted by applicable law, constitute prima facie evidence of the accuracy of the information so recorded, provided that the failure to make any such recordation (or any error therein) shall not affect the obligation of the Borrower to repay (with applicable interest) the Tranche A Euro Term Loans made to the Borrower in accordance with the terms of this Agreement. A Tranche A Euro Term Note and the Obligations evidenced thereby may be assigned or otherwise transferred in whole or in part only by registration
(g) The Borrower agrees that, upon the request to the Administrative Agent by any Tranche B Term Percentage multiplied by 0.25% Lender, which request is communicated to the Borrower, the Borrower will execute and deliver to such Tranche B Term Lender a promissory note of the aggregate Borrower dated the Effective Date or such date such Lender becomes a party hereto, as appropriate, evidencing the Tranche B Term Loans made by such Tranche B Term Lender, substantially in the form of Exhibit I-2 (a "Tranche B Term Note"), payable to the order of such Tranche B Term Lender and in a principal amount equal to, in the case of Tranche B Term Notes issued on the Effective Date, the lesser of (A) the initial Tranche B Term Commitment of such Tranche B Term Lender or (B) the unpaid principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Loan made by such Tranche B Term Facility and (ii) on Lender, and, in the case of Tranche B Term Notes issued after the Effective Date, the unpaid principal amount of the Tranche B Term Loan Maturity Date made by such Tranche B Term Lender. Each Tranche B Term Lender is hereby authorized to record the date, Type and amount of each Tranche B Term Loan made by such Tranche B Term Lender, the date and amount of each payment or prepayment of principal thereof, each continuation thereof, each conversion of all or a portion thereof to another Type and, in an amount equal the case of Eurodollar Loans, the length of each Interest Period and Adjusted LIBO Rate with respect thereto, on the schedule (or any continuation of the schedule) annexed to all remaining outstanding and constituting a part of its Tranche B Term Note, and any such recordation shall, to the extent permitted by applicable law, constitute prima facie evidence of the accuracy of the information so recorded, provided that the failure to make any such recordation (or any error therein) shall not affect the obligation of the Borrower to repay (with applicable interest) the Tranche B Term Loans made to the Borrower in accordance with the terms of this Agreement. A Tranche B Term Note and the Obligations evidenced thereby may be assigned or otherwise transferred in whole or in part only by registration of such assignment or transfer of such Tranche B Term Note and the Obligations evidenced thereby in the Register (and each Tranche B Term Note shall expressly so provide).
(h) The Borrower agrees that, upon the request to the Administrative Agent by any Tranche C Term Lender, which request is communicated to the Borrower, the Borrower will execute and deliver to such Tranche C Term Lender a promissory note of the Borrower dated the Effective Date or such date such Lender becomes a party hereto, as appropriate, evidencing the Tranche C Term Loans made by such Tranche C Term Lender, substantially in the form of Exhibit I-3 (a "Tranche C Term Note"), payable to the order of such Tranche C Term Lender and in a principal amount equal to, in the case of Tranche C Term Notes issued on the Effective Date, the lesser of (A) the initial Tranche C Term Commitment of such Tranche C Term Lender or (B) the unpaid principal amount of the Tranche C Term Loan made by such Tranche C Term Lender, and, in the case of Tranche C Term Notes issued after the Effective Date, the unpaid principal amount of the Tranche C Term Loan made by such Tranche C Term Lender. Each Tranche C Term Lender is hereby authorized to record the date, Type and amount of each Tranche C Term Loan made by such Tranche C Term Lender, the date and amount of each payment or prepayment of principal thereof, each continuation thereof, each conversion of all or a portion thereof to another Type and, in the case of Eurodollar Loans, the length of each Interest Period and Adjusted LIBO Rate with respect thereto, on the schedule (or any continuation of the schedule) annexed to and constituting a part of its Tranche C Term Note, and any such recordation shall, to the extent permitted by applicable law, constitute prima facie evidence of the accuracy of the information so recorded, provided that the failure to make any such recordation (or any error therein) shall not affect the obligation of the
(i) Notwithstanding anything herein to the contrary, each promissory note issued and outstanding under the Existing Credit Agreement immediately prior to the Effective Date that is held by a Lender as of the Effective Date shall be deemed to continue to be outstanding hereunder and, if the principal amount payable to such Lender in respect of the Loans under a particular Facility provided for in such promissory note has been increased pursuant to this Agreement, such promissory note shall be deemed to be so increased, and each such promissory note shall be a "Note" for all purposes of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Doane Pet Care Co)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the ----------------------- Tranche A Term Loan Maturity DateLender shall mature and be due and payable in 19 consecutive quarterly installments, commencing on June 30, 2002, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount percentage set forth below opposite such installmentinstallment of the aggregate principal amount of Tranche A Term Loans made on the Initial Funding Date, with the entire remaining outstanding and unpaid principal balance being due and payable on the Tranche A Maturity Date: Quarterly Installment Due Date Principal Amount Percentage --------------------- ---------- June 30, 2002 3.75% September 30, 2002 3.75% December 31, 2002 3.75% March 31, 2011 $ 12,500,000 2003 3.75% June 30, 2011 $ 12,500,000 2003 3.75% September 30, 2011 $ 12,500,000 2003 3.75% December 31, 2011 $ 12,500,000 2003 3.75% March 31, 2012 $ 12,500,000 2004 3.75% June 30, 2012 $ 12,500,000 2004 5.00% September 30, 2012 $ 12,500,000 2004 5.00% December 31, 2012 $ 12,500,000 2004 5.00% March 31, 2013 $ 25,000,000 2005 5.00% June 30, 2013 $ 25,000,000 2005 6.25% September 30, 2013 $ 25,000,000 2005 6.25% December 31, 2013 $ 25,000,000 2005 6.25% March 31, 2014 $ 37,500,000 2006 6.25% June 30, 2014 $ 37,500,000 2006 6.25% September 30, 2014 $ 37,500,000 2006 6.25% December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2006 6.25%
(b) The Tranche B Term Loan of each Tranche B Term Loan Lender shall mature (i) and be due and payable in 23 consecutive quarterly installments on the last day of each Septemberinstallments, December, March and June (commencing on March 31June 30, 2011)2002, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% the percentage set forth below opposite such installment of the aggregate principal amount of the Tranche B Term Loans outstanding made on the Closing Date immediately after funding Initial Funding Date, with the Tranche B Term Facility entire remaining outstanding and (ii) unpaid principal balance being due and payable on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.Date: Quarterly Installment Percentage --------------------- ---------- June 30, 2002 0.25% September 30, 2002 0.25% December 31, 2002 0.25% March 31, 2003 0.25% June 30, 2003 0.25% September 30, 2003 0.25% December 31, 2003 0.25% March 31, 2004 0.25% June 30, 2004 0.25% September 30, 2004 0.25% December 31, 2004 0.25% March 31, 2005 0.25% June 30, 2005 0.25% September 30, 2005 0.25% December 31, 2005 0.25% March 31, 2006 0.25% June 30, 2006 0.25% Quarterly Installment Percentage --------------------- ---------- September 30, 2006 0.25% December 31, 2006 0.25% March 31, 2007 0.25% June 30, 2007 23.75% September 30, 2007 23.75% December 31, 2007 23.75%
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Term Loan Loans of each ----------------------- Tranche A Term Loan Lender shall mature in 20 consecutive quarterly installments and (other than with respect to the last installment, which shall be due on the Tranche A Term Loan Maturity DateJuly 22, 2004), commencing on June 30, 1999, in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by of the amount set forth below opposite the date on which such installmentinstallment is due: Installment Due Date Principal Amount Percentage ----------- ---------- June 30, 1999 $ 675,000 September 30, 1999 $ 675,000 December 31, 1999 $ 675,000 March 31, 2011 2000 $ 12,500,000 675,000 June 30, 2011 $ 12,500,000 2000 $1,125,000 September 30, 2011 $ 12,500,000 2000 $1,125,000 December 31, 2011 $ 12,500,000 2000 $1,125,000 March 31, 2012 $ 12,500,000 2001 $1,125,000 June 30, 2012 $ 12,500,000 2001 $4,950,000 September 30, 2012 $ 12,500,000 2001 $4,950,000 December 31, 2012 $ 12,500,000 2001 $4,950,000 March 31, 2013 $ 25,000,000 2002 $4,950,000 June 30, 2013 $ 25,000,000 2002 $4,950,000 September 30, 2013 $ 25,000,000 2002 $4,950,000 December 31, 2013 $ 25,000,000 2002 $6,300,000 March 31, 2014 $ 37,500,000 2003 $6,300,000 June 30, 2014 $ 37,500,000 2003 $6,750,000 September 30, 2014 $ 37,500,000 2003 $6,750,000 December 31, 2014 $ 37,500,000 2003 $6,750,000 March 31, 2015 $ 37,500,000 2004 $6,750,000 June 30, 2015 $ 37,500,000 September 302004 $6,750,000 July 22, 2015 $ 37,500,000 2004 $6,750,000 Any Tranche A Term Loan Maturity Date $ 537,500,000 Loans outstanding on July 22, 2004 shall be due and payable on such date.
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on (other than with respect to the last day of each Septemberinstallment, Decemberwhich shall be due on April 22, March and June (2005), commencing on March 31June 30, 2011)1999, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% of the aggregate principal amount of set forth opposite the date on which such installment is due: Installment Amount ----------- ------ June 30, 1999 $ 330,000 September 30, 1999 $ 330,000 December 31, 1999 $ 330,000 March 31, 2000 $ 330,000 June 30, 2000 $ 330,000 September 30, 2000 $ 330,000 December 31, 2000 $ 330,000 March 31, 2001 $ 330,000 June 30, 2001 $ 330,000 September 30, 2001 $ 330,000 December 31, 2001 $ 330,000 March 31, 2002 $ 330,000 June 30, 2002 $ 330,000 September 30, 2002 $ 330,000 December 31, 2002 $ 330,000 March 31, 2003 $ 330,000 June 30, 2003 $ 330,000 September 30, 2003 $ 330,000 December 31, 2003 $ 330,000 March 31, 2004 $ 330,000 June 30, 2004 $ 330,000 September 30, 2004 $ 330,000 December 31, 2004 $52,470,000 March 31, 2005 $52,470,000 April 22, 2005 $52,800,000 Any Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility April 22, 2005 shall be due and (ii) payable on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lenderdate.
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature be repaid (i) in 20 19 consecutive quarterly installments and on the Tranche A Term Loan Maturity Dateinstallments, commencing March 31, 2019, each of which shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite each installment (as such installmentpayments may be reduced from time to time as a result of the application of prepayments in accordance with Section 2.12 or 2.13 or increased as a result of any increase in the amount of such Tranche A Term Loans pursuant to Section 2.27) and (ii) on the Tranche A Final Maturity Date, the remainder of the principal amount of the Tranche A Term Loans outstanding on such date, together in each case with accrued but unpaid interest on the principal amount to be paid to but excluding the date of such payment: Installment Due Date Principal Amount March 31, 2011 2019 $ 12,500,000 21,250,000 June 30, 2011 2019 $ 12,500,000 21,250,000 September 30, 2011 2019 $ 12,500,000 21,250,000 December 31, 2011 2019 $ 12,500,000 21,250,000 March 31, 2012 2020 $ 12,500,000 21,250,000 June 30, 2012 2020 $ 12,500,000 21,250,000 September 30, 2012 2020 $ 12,500,000 21,250,000 December 31, 2012 2020 $ 12,500,000 21,250,000 March 31, 2013 2021 $ 25,000,000 31,875,000 June 30, 2013 2021 $ 25,000,000 31,875,000 September 30, 2013 2021 $ 25,000,000 31,875,000 December 31, 2013 2021 $ 25,000,000 31,875,000 March 31, 2014 2022 $ 37,500,000 42,500,000 June 30, 2014 2022 $ 37,500,000 42,500,000 September 30, 2014 2022 $ 37,500,000 42,500,000 December 31, 2014 2022 $ 37,500,000 42,500,000 March 31, 2015 2023 $ 37,500,000 42,500,000 June 30, 2015 2023 $ 37,500,000 42,500,000 September 30, 2015 2023 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 42,500,000 (b) The principal amount of the Tranche B Term Loan of each Tranche B Term Lender shall mature be repaid (i) in 23 consecutive quarterly installments on the last day Business Day of each SeptemberMarch, DecemberJune, March September and June (December prior to the Tranche B Final Maturity Date, commencing on March 31, 2011)2019, in each case, in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate original principal amount of the Tranche B Term Loans (as such payments may be reduced from time to time as a result of the application of prepayments in accordance with Section 2.12 or 2.13 or increased as a result of any increase in the amount of such Tranche B Term Loans pursuant to Section 2.27) and (ii) on the Tranche B Final Maturity Date, the remainder of the principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) such date, together in each case with accrued but unpaid interest on the Tranche B Term Loan Maturity Date in an principal amount equal to all remaining outstanding Tranche B Term Loans be paid to but excluding the date of such Tranche B Term Lenderpayment.
Appears in 1 contract
Samples: Credit Agreement (Tenneco Inc)
Repayment of Term Loans. (a) The Tranche A Initial Term Loan of each Tranche A Initial Term Lender shall mature and be repaid in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Dateinstallments, each of which shall be in an amount equal to such Lender’s Tranche A Initial Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 $5,000,000 December 31, 2013 $ 25,000,000 $5,000,000 March 31, 2014 $ 37,500,000 $5,000,000 June 30, 2014 $ 37,500,000 $5,000,000 September 30, 2014 $ 37,500,000 $5,000,000 December 31, 2014 $ 37,500,000 $5,000,000 March 31, 2015 $ 37,500,000 $5,000,000 June 30, 2015 $ 37,500,000 $5,000,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan $5,000,000 December 31, 2015 $5,000,000 March 31, 2016 $5,000,000 June 30, 2016 $5,000,000 September 30, 2016 $5,000,000 December 31, 2016 $5,000,000 March 31, 2017 $5,000,000 June 30, 2017 $5,000,000 September 30, 2017 $5,000,000 December 31, 2017 $5,000,000 March 31, 2018 $5,000,000 Maturity Date $ 537,500,000 Balance of Initial Term Loan.
(b) The Tranche B Incremental Term Loan Loans of each Tranche B Incremental Term Lender shall mature in consecutive installments (iwhich shall be no more frequent than quarterly) as specified in 23 the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made, provided that, prior to the final maturity of the Initial Term Loans, the aggregate amount of such installments for any four consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25fiscal quarters shall not exceed 2.22% of the aggregate principal amount of the Tranche B such Incremental Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term date such Loans of such Tranche B Term Lenderwere first made.
Appears in 1 contract
Repayment of Term Loans. (a) The Initial Tranche A Term Loan of each Tranche A Term Lender shall mature be payable on each date set forth below in 20 consecutive quarterly an amount set forth opposite such date (expressed as a percentage of the stated principal amount of the Initial Tranche A Term Loans funded on the Closing Date) (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.18(b), or be increased as a result of any increase in the amount of Initial Tranche A Term Loans pursuant to Supplemental Term Loan Commitments (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Initial Tranche A Term Loans made as of the Closing Date)), with the remaining balance thereof payable on the Tranche A Term Loan Maturity Date. Date Amount December 31, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due 2012 1.25 % March 31, 2013 1.25 % June 30, 2013 1.25 % September 30, 2013 1.25 % December 31, 2013 1.875 % March 31, 2014 1.875 % June 30, 2014 1.875 % September 30, 2014 1.875 % December 31, 2014 2.5 % March 31, 2015 2.5 % June 30, 2015 2.5 % September 30, 2015 2.5 % December 31, 2015 3.125 % Date Principal Amount March 31, 2011 $ 12,500,000 2016 3.125 % June 30, 2011 $ 12,500,000 2016 3.125 % September 30, 2011 $ 12,500,000 2016 3.125 % December 31, 2011 $ 12,500,000 2016 13 % March 31, 2012 $ 12,500,000 2017 13 % June 30, 2012 $ 12,500,000 2017 13 % September 30, 2012 $ 12,500,000 2017 13 % December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2017 13 %
(b) The Initial Tranche B Term Loan of each Tranche B Term Lender shall mature (i) be payable in 23 equal consecutive quarterly installments installments, commencing on December 31, 2012, on the last day Business Day of each SeptemberMarch, DecemberJune, March September and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on December following the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding one quarter of one percent (0.25%) of the stated principal amount of the Initial Tranche B Term Loans funded on the Closing Date (which installments shall, to the extent applicable, be reduced as a result of such the application of prepayments in accordance with the order of priority set forth in Section 2.18(b), or be increased as a result of any increase in the amount of Initial Tranche B Term LenderLoans pursuant to Supplemental Term Loan Commitments (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Initial Tranche B Term Loans made as of the Closing Date)), with the remaining balance thereof payable on the Tranche B Term Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Booz Allen Hamilton Holding Corp)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Loan Lender shall mature in 20 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateMarch 31, 2012, each of which shall be in an amount equal to such Lender’s Tranche A Term Loan Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 installment and on the date indicated for such installment (as such amounts may be reduced from time to time pursuant to the application of voluntary and mandatory prepayments pursuant to Sections 5.4 and 5.5 and repurchases pursuant to Section 5.19): March 31, 2012 $ 12,500,000 937,500 June 30, 2012 $ 12,500,000 937,500 September 30, 2012 $ 12,500,000 937,500 December 31, 2012 $ 12,500,000 937,500 March 31, 2013 $ 25,000,000 1,875,000 June 30, 2013 $ 25,000,000 1,875,000 September 30, 2013 $ 25,000,000 1,875,000 December 31, 2013 $ 25,000,000 1,875,000 March 31, 2014 $ 37,500,000 1,875,000 June 30, 2014 $ 37,500,000 1,875,000 September 30, 2014 $ 37,500,000 1,875,000 December 31, 2014 $ 37,500,000 1,875,000 March 31, 2015 $ 37,500,000 2,812,500 June 30, 2015 $ 37,500,000 2,812,500 September 30, 2015 $ 37,500,000 2,812,500 December 31, 2015 $ 2,812,500 March 31, 2016 $ 3,750,000 June 30, 2016 $ 3,750,000 September 30, 2016 $ 3,750,000 Tranche A Maturity Date All outstanding Tranche A Term Loan Maturity Date $ 537,500,000 Loans
(b) The Tranche B Term Loan of each Tranche B Term Loan Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September24 installments, December, March and June (commencing on March 31, 2011)2013, each of which shall be in an amount equal to such Lender’s Tranche B Term Loan Percentage multiplied by 0.25% the amount set forth below opposite such installment and on the date indicated for such installment (as such amounts may be reduced from time to time pursuant to the application of the aggregate principal amount of the voluntary and mandatory prepayments pursuant to Sections 5.4 and 5.5 and repurchases pursuant to Section 5.19): March 31, 2013 $ 2,150,000 June 30, 2013 $ 2,150,000 September 30, 2013 $ 2,150,000 December 31, 2013 $ 2,150,000 March 31, 2014 $ 2,150,000 June 30, 2014 $ 2,150,000 September 30, 2014 $ 2,150,000 December 31, 2014 $ 2,150,000 March 31, 2015 $ 2,150,000 June 30, 2015 $ 2,150,000 September 30, 2015 $ 2,150,000 December 31, 2015 $ 2,150,000 March 31, 2016 $ 2,150,000 June 30, 2016 $ 2,150,000 September 30, 2016 $ 2,150,000 December 31, 2016 $ 2,150,000 March 31, 2017 $ 2,150,000 June 30, 2017 $ 2,150,000 September 30, 2017 $ 2,150,000 December 31, 2017 $ 2,150,000 March 31, 2018 $ 2,150,000 June 30, 2018 $ 2,150,000 September 30, 2018 $ 2,150,000 Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining All outstanding Tranche B Term Loans
(c) The Incremental Term Loans of any Incremental Series shall amortize and mature as provided in the applicable Incremental Amendment.
(d) The Refinancing Term Loans of any Refinancing Term Loan Series shall mature as provided in the applicable Refinancing Term Loan Amendment.
(e) The Extending Term Loans of any Extension Series shall amortize and mature as provided in the applicable agreement giving effect to such Tranche B Term Lenderrelevant Extension.
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments and a final installment on the last day of each September, December, March and June (commencing on March 31, 2011)Tranche B Term Maturity Date, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% the amount set forth below opposite such installment: September 30, 2003 $ 150,000 December 31, 2003 $ 150,000 March 31, 2004 $ 150,000 June 30, 2004 $ 150,000 September 30, 2004 $ 150,000 December 31, 2004 $ 150,000 March 31, 2005 $ 150,000 June 30, 2005 $ 150,000 September 30, 2005 $ 150,000 December 31, 2005 $ 150,000 March 31, 2006 $ 150,000 June 30, 2006 $ 150,000 September 30, 2006 $ 150,000 December 31, 2006 $ 150,000 March 31, 2007 $ 150,000 June 30, 2007 $ 150,000 September 30, 2007 $ 150,000 December 31, 2007 $ 150,000 March 31, 2008 $ 150,000 June 30, 2008 $ 150,000 September 30, 2008 $ 14,250,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,250,000 Tranche B Term Maturity Date $ 14,250,000
(b) The Incremental Term Loans of each Incremental Term Lender shall mature in consecutive installments as specified in the aggregate principal amount of Incremental Facility Activation Notice pursuant to which such Incremental Term Loans were made; provided that no Incremental Term Maturity Date shall occur prior to the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term LenderDate.
Appears in 1 contract
Samples: Credit Agreement (Mq Associates Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 16 consecutive quarterly installments and (with the balance of the Tranche A Term Loan of each Lender maturing on the Tranche A Term Loan Maturity Date), each of which shall be in an amount equal to such Lender’s Term Percentage with respect to the Tranche A Term Percentage Facility multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount June 30, 2017 September 30, 2017 December 31, 2017 March 31, 2011 $ 12,500,000 2018 June 30, 2011 $ 12,500,000 2018 September 30, 2011 $ 12,500,000 2018 December 31, 2011 $ 12,500,000 2018 March 31, 2012 $ 12,500,000 2019 June 30, 2012 $ 12,500,000 2019 September 30, 2012 $ 12,500,000 2019 December 31, 2012 $ 12,500,000 2019 March 31, 2013 $ 25,000,000 2020 June 30, 2013 $ 25,000,000 2020 September 30, 2013 $ 25,000,000 2020 December 31, 2013 $ 25,000,000 2020 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 2021 Tranche A Term Loan Maturity Date $ 537,500,000 Date$7,312,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $7,312,50018,562,500 $10,968,75018,562,500 $10,968,75027,843,750 $10,968,75027,843,750 $10,968,75027,843,750 $14,625,00027,843,750 $14,625,00037,125,000 $14,625,00037,125,000 $14,625,00037,125,000 $424,125,00037,125,000 $1,076,625,000
(b) The 2017 Incremental Tranche B Term Loan of each 2017 Incremental Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments (with the balance of the 2017 Incremental Tranche B Term Loan of each 2017 Incremental Tranche B Term Lender maturing on the last day of each September, December, March and June (commencing on March 31, 20112017 Incremental Tranche B Term Loan Maturity Date), each of which shall be in an amount equal to such Lender’s 2017 Incremental Tranche B Term Lender’s Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B Term Loans outstanding on the Closing Date immediately after funding with respect to the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.multiplied by $1,250,000:
Appears in 1 contract
Samples: Credit Agreement (Gartner Inc)
Repayment of Term Loans. (a) The Subject to Section 2.8(a), the principal amount of each Tranche A B Term Loan of each Tranche A B Term Loan Lender shall mature in 20 consecutive quarterly installments and installments, commencing or continuing, as the case may be, on the later of September 30, 2003 and the first quarterly installment date following the making of such Tranche A B Term Loan Maturity DateLoan, all but the final eight of which shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount percentage set forth below opposite such installment: Installment Due Date Principal Amount installment date below multiplied by the original principal amount of such Tranche B Term Loan. On each of the seven installments to be made on March 31, 2011 $ 12,500,000 2008, June 30, 2011 $ 12,500,000 2008, September 30, 2011 $ 12,500,000 2008, December 31, 2011 $ 12,500,000 2008, March 31, 2012 $ 12,500,000 2009, June 30, 2012 $ 12,500,000 2009 and September 30, 2012 $ 12,500,000 December 312009, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The the principal amount of each Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each be payable in an amount equal to (x) 50% of the unpaid principal amount of such Lender’s 's Tranche B Term Percentage multiplied Loan outstanding as of March 31, 2008 divided by 0.25(y) seven. For the final installment, to be paid on December 15, 2009, the principal amount of each Tranche B Term Loan of each Tranche B Term Lender shall be payable in an amount equal to 100% of the aggregate unpaid principal amount of such Tranche B Term Loan outstanding as on such date: Installment Percentage ----------- ---------- September 30, 2003 0.25% December 31, 2003 0.25% March 31, 2004 0.25% June 30, 2004 0.25% September 30, 2004 0.25% December 31, 2004 0.25% March 31, 2005 0.25% June 30, 2005 0.25% September 30, 2005 0.25% December 31, 2005 0.25% March 31, 2006 0.25% June 30, 2006 0.25% September 30, 2006 0.25% December 31, 2006 0.25% March 31, 2007 0.25% June 30, 2007 0.25% September 30, 2007 0.25% December 31, 2007 0.25%
(b) The Incremental Term Loans of each Incremental Term Loan Lender shall mature in consecutive installments (which shall be no more frequent than quarterly) as specified in the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made, provided that, (i) such Incremental Term Loans shall not amortize more rapidly, on a percentage basis, than the Tranche B Term Loans outstanding on and (ii) such Incremental Term Loans shall not finally mature prior to the Closing Date immediately after funding date upon which the Tranche B Term Facility and Loans are scheduled to mature (ii) on for the Tranche B Term Loan Maturity Date in an amount equal purpose of this provision, such date shall be considered to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lenderbe December 15, 2009).
Appears in 1 contract
Samples: Credit Agreement (Conmed Corp)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and on the Tranche A Term Loan Maturity Date, in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments and a final installment on the last day of each September, December, March and June (commencing on March 31, 2011)Tranche B Term Maturity Date, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% the amount set forth below opposite such installment: September 30, 2003 $ 150,000 December 31, 2003 $ 150,000 March 31, 2004 $ 150,000 June 30, 2004 $ 150,000 September 30, 2004 $ 150,000 December 31, 2004 $ 150,000 March 31, 2005 $ 150,000 June 30, 2005 $ 150,000 September 30, 2005 $ 150,000 December 31, 2005 $ 150,000 March 31, 2006 $ 150,000 June 30, 2006 $ 150,000 September 30, 2006 $ 150,000 December 31, 2006 $ 150,000 March 31, 2007 $ 150,000 June 30, 2007 $ 150,000 September 30, 2007 $ 150,000 December 31, 2007 $ 150,000 March 31, 2008 $ 150,000 June 30, 2008 $ 150,000 September 30, 2008 $ 14,250,000 December 31, 2008 $ 14,250,000 March 31, 2009 $ 14,250,000 Tranche B Term Maturity Date $ 14,250,000
(b) The Incremental Term Loans of each Incremental Term Lender shall mature in consecutive installments as specified in the aggregate principal amount of Incremental Facility Activation Notice pursuant to which such Incremental Term Loans were made; provided that (x) no Incremental Term Maturity Date shall occur prior to the Tranche B Term Loans outstanding on Maturity Date and (y) the Closing Date immediately after funding weighted average life to maturity of any Incremental Term Loan shall not be shorter than the remaining weighted average life to maturity of the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lender.B
Appears in 1 contract
Samples: Credit Agreement (Mq Associates Inc)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments payable by the Borrower on the last day of March, June, September and December of each year, commencing on December 31, 2012, in the Tranche A Term Loan Maturity Date, in an amount equal to Percentage of such Lender’s Tranche A Term Percentage multiplied by Lender of the principal amount set forth below opposite each of such installmentinstallments specified below: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 1,562,500.00 June 30, 2013 $ 25,000,000 1,562,500.00 September 30, 2013 $ 25,000,000 1,562,500.00 December 31, 2013 $ 25,000,000 1,562,500.00 March 31, 2014 $ 37,500,000 3,125,000.00 June 30, 2014 $ 37,500,000 3,125,000.00 September 30, 2014 $ 37,500,000 3,125,000.00 December 31, 2014 $ 37,500,000 3,125,000.00 March 31, 2015 $ 37,500,000 4,687,500.00 June 30, 2015 $ 37,500,000 4,687,500.00 September 30, 2015 $ 37,500,000 4,687,500.00 December 31, 2015 $ 4,687,500.00 March 31, 2016 $ 6,250,000.00 June 30, 2016 $ 6,250,000.00 September 30, 2016 $ 6,250,000.00 December 31, 2016 $ 6,250,000.00 March 31, 2017 $ 15,625,000.00 June 30, 2017 $ 15,625,000.00 September 30, 2017 $ 15,625,000.00 Tranche A Maturity Date Aggregate principal amount of Tranche A Term Loan Maturity Date $ 537,500,000 Loans outstanding
(b) The Tranche B Incremental Term Loan Loans of each Tranche B Term Incremental Lender shall mature (i) in 23 consecutive quarterly such installments on as are specified in the last day of each September, December, March and June (commencing on March 31, 2011), each in an amount equal Incremental Term Loan Activation Notice pursuant to which such Lender’s Tranche B Incremental Term Percentage multiplied by 0.25% Loans were made; provided that as of the aggregate principal amount applicable Incremental Term Loan Closing Date, such Incremental Term Loans shall have an average weighted life not less than that of the Tranche B Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining then outstanding Tranche B A Term Loans of such Tranche B Term LenderLoans.
Appears in 1 contract
Samples: Credit Agreement (Lin Tv Corp.)
Repayment of Term Loans. (a) The Subject to Section 2.8(a), the principal amount of each Tranche A B Term Loan of each Tranche A B Term Loan Lender shall mature in 20 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateJune 30, 2006, all of which shall be in an amount equal to such each Lender’s Tranche A B Term Percentage Loan percentage multiplied by the amount set forth below opposite such installmentinstallment date: Installment Due Date Principal Amount Back to Table of Contents June 30, 2006 $337,500 September 30, 2006 $337,500 December 31, 2006 $337,500 March 31, 2007 $337,500 June 30, 2007 $337,500 September 30, 2007 $337,500 December 31, 2007 $337,500 March 31, 2008 $337,500 June 30, 2008 $337,500 September 30, 2008 $337,500 December 31, 2008 $337,500 June 30, 2009 $337,500 September 30, 2009 $337,500 December 31, 2009 $337,500 March 31, 2010 $337,500 June 30, 2010 $337,500 September 30, 2010 $337,500 December 31, 2010 $337,500 March 31, 2011 $ 12,500,000 $337,500 June 30, 2011 $ 12,500,000 $337,500 September 30, 2011 $ 12,500,000 $337,500 December 31, 2011 $ 12,500,000 $337,500 March 31, 2012 $ 12,500,000 $337,500 June 30, 2012 $ 12,500,000 $31,725,000 September 30, 2012 $ 12,500,000 $31,725,000 December 31, 2012 $ 12,500,000 $31,725,000 March 31, 2013 $ 25,000,000 June 30$31,725,000 April 12, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 All amounts outstanding in respect of Tranche A B Term Loan Maturity Date $ 537,500,000 Loans
(b) The Tranche B Incremental Term Loans of each Incremental Term Loan of each Tranche B Term Lender shall mature in consecutive installments (which shall be no more frequent than quarterly) as specified in the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made, provided that, (i) in 23 consecutive quarterly installments such Incremental Term Loans shall not amortize more rapidly, on the last day of each Septembera percentage basis, December, March and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of than the Tranche B Term Loans outstanding on and (ii) such Incremental Term Loans shall not finally mature prior to the Closing Date immediately after funding date upon which the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal Loans are scheduled to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lendermature.
Appears in 1 contract
Samples: Credit Agreement (Conmed Corp)
Repayment of Term Loans. (a) The Subject to Section 2.8(a), the principal amount of each Tranche A B Term Loan of each Tranche A B Term Loan Lender shall mature in 20 consecutive quarterly installments and installments, commencing on the later of December 31, 2002 and the first quarterly installment date following the making of such Tranche A B Term Loan Maturity DateLoan, all but the final eight of which shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount percentage set forth below opposite such installment: Installment Due Date Principal Amount installment date below multiplied by the original principal amount of such Tranche B Term Loan. On each of the seven installments to be made on March 31, 2011 $ 12,500,000 2008, June 30, 2011 $ 12,500,000 2008, September 30, 2011 $ 12,500,000 2008, December 31, 2011 $ 12,500,000 2008, March 31, 2012 $ 12,500,000 2009, June 30, 2012 $ 12,500,000 2009 and September 30, 2012 $ 12,500,000 December 312009, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The the principal amount of each Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each be payable in an amount equal to (x) 50% of the unpaid principal amount of such Lender’s 's Tranche B Term Percentage multiplied Loan outstanding as of March 31, 2008 divided by 0.25(y) seven. For the final installment, to be paid on December 15, 2009, the principal amount of each Tranche B Term Loan of each Tranche B Term Lender shall be payable in an amount equal to 100% of the aggregate unpaid principal amount of such Tranche B Term Loan outstanding as on such date: Installment Percentage ----------- ---------- December 31, 2002 0.25% March 31, 2003 0.25% June 30, 2003 0.25% September 30, 2003 0.25% December 31, 2003 0.25% March 31, 2004 0.25% June 30, 2004 0.25% September 30, 2004 0.25% December 31, 2004 0.25% March 31, 2005 0.25% June 30, 2005 0.25% September 30, 2005 0.25% December 31, 2005 0.25% March 31, 2006 0.25% June 30, 2006 0.25% September 30, 2006 0.25% December 31, 2006 0.25% March 31, 2007 0.25% June 30, 2007 0.25% September 30, 2007 0.25% December 31, 2007 0.25%
(b) The Incremental Term Loans of each Incremental Term Loan Lender shall mature in consecutive installments (which shall be no more frequent than quarterly) as specified in the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made, provided that, (i) such Incremental Term Loans shall not amortize more rapidly, on a percentage basis, than the Tranche B Term Loans outstanding on and (ii) such Incremental Term Loans shall not finally mature prior to the Closing Date immediately after funding date upon which the Tranche B Term Facility and Loans are scheduled to mature (ii) on for the Tranche B Term Loan Maturity Date in an amount equal purpose of this provision, such date shall be considered to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lenderbe December 15, 2009).
Appears in 1 contract
Samples: Credit Agreement (Conmed Corp)
Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in 20 consecutive quarterly installments and installments, commencing on the Tranche A Term Loan Maturity DateSeptember 30, 2000, each of which shall be in an amount equal to such Lender’s 's Tranche A Term Loan Percentage multiplied by the amount percentage set forth below opposite such installment: installment of the initial aggregate principal amount of Tranche A Term Loans (ratably between the Tranche A Term Loans made in Dollars and the Tranche A Term Loans made in Sterling): Installment Due Date Principal Amount Percentage ----------- ---------- September 30, 2000 1.25% December 31, 2000 1.25% March 31, 2011 $ 12,500,000 2001 1.25% June 30, 2011 $ 12,500,000 2001 1.25% September 30, 2011 $ 12,500,000 2001 2.50% December 31, 2011 $ 12,500,000 2001 2.50% March 31, 2012 $ 12,500,000 2002 2.50% June 30, 2012 $ 12,500,000 2002 2.50% September 30, 2012 $ 12,500,000 2002 3.75% December 31, 2012 $ 12,500,000 2002 3.75% March 31, 2013 $ 25,000,000 2003 3.75% June 30, 2013 $ 25,000,000 2003 3.75% September 30, 2013 $ 25,000,000 2003 5.00% December 31, 2013 $ 25,000,000 2003 5.00% March 31, 2014 $ 37,500,000 2004 5.00% June 30, 2014 $ 37,500,000 2004 5.00% September 30, 2014 $ 37,500,000 2004 12.50% December 31, 2014 $ 37,500,000 2004 12.50% March 31, 2015 $ 37,500,000 2005 12.50% June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 2005 12.50%
(b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 28 consecutive quarterly installments on the last day of each Septemberinstallments, December, March and June (commencing on March 31September 30, 2011)2000, each of which shall be in an amount equal to such Lender’s 's Tranche B Term Loan Percentage multiplied by 0.25% the percentage set forth below opposite such installment of the initial aggregate principal amount of Tranche B Term Loans (ratably between the Tranche B Term Loans outstanding on the Closing Date immediately after funding made in Dollars and the Tranche B Term Facility Loans made in Sterling and (ii) on ratably between the Tranche B Term Loan Maturity Date in an amount equal Loans made to all remaining outstanding the Borrower and the Tranche B Term Loans of such Tranche B Term Lender.made to the Canadian Borrower): Installment Percentage ----------- ---------- September 30, 2000 0.1875% December 31, 2000 0.1875% March 31, 2001 0.1875% June 30, 2001 0.1875% September 30, 2001 0.25% December 31, 2001 0.25% 34 March 31, 2002 0.25% June 30, 2002 0.25% September 30, 2002 0.25% December 31, 2002 0.25% March 31, 2003 0.25% June 30, 2003 0.25% September 30, 2003 0.25% December 31, 2003 0.25% March 31, 2004 0.25% June 30, 2004 0.25% September 30, 2004 0.3125% December 31, 2004 0.3125% March 31, 2005 0.3125% June 30, 2005 0.3125% September 30, 2005 11.25% December 31, 2005 11.25% March 31, 2006 11.25% June 30, 2006 11.25% September 30, 2006 12.50% December 31, 2006 12.50% March 31, 2007 12.50% June 30, 2007 12.50%
Appears in 1 contract
Repayment of Term Loans. (a) The Tranche A Borrower shall repay to the Administrative Agent for the ratable account of the Lenders the aggregate principal amount of all Term Loan of each Tranche A Term Lender shall mature Loans outstanding in 20 consecutive quarterly installments as follows (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.05 and 2.06 or be increased as a result of any increase in the amount of Term Loan Facility pursuant to Section 2.16) (such increased amortization payments to be calculated in the same manner (and on the Tranche A same basis) as the schedule set forth below for the Term Loans made as of the Closing Date)): June 30, 2011 $ 2,500,000 September 30, 2011 $ 2,500,000 December 31, 2011 $ 2,500,000 March 31, 2012 $ 2,500,000 June 30, 2012 $ 2,500,000 September 30, 2012 $ 2,500,000 December 31, 2012 $ 2,500,000 March 31, 2013 $ 2,500,000 June 30, 2013 $ 2,500,000 September 30, 2013 $ 2,500,000 December 31, 2013 $ 2,500,000 March 31, 2014 $ 2,500,000 June 30, 2014 $ 2,500,000 September 30, 2014 $ 2,500,000 December 31, 2014 $ 2,500,000 March 31, 2015 $ 2,500,000 June 30, 2015 $ 2,500,000 September 30, 2015 $ 2,500,000 December 31, 2015 $ 2,500,000 March 31, 2016 $ 2,500,000 June 30, 2016 $ 2,500,000 September 30, 2016 $ 2,500,000 December 31, 2016 $ 2,500,000 March 31, 2017 $ 2,500,000 June 30, 2017 $ 2,500,000 September 30, 2017 $ 2,500,000 December 31, 2017 $ 2,500,000 Maturity Date for Term Loan Facility $ 932,500,000 provided, however, that the final principal repayment installment of the Term Loans shall be repaid on the Maturity Date, Date for the Term Loan Facility and in any event shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment: Installment Due Date Principal Amount March 31, 2011 $ 12,500,000 June 30, 2011 $ 12,500,000 September 30, 2011 $ 12,500,000 December 31, 2011 $ 12,500,000 March 31, 2012 $ 12,500,000 June 30, 2012 $ 12,500,000 September 30, 2012 $ 12,500,000 December 31, 2012 $ 12,500,000 March 31, 2013 $ 25,000,000 June 30, 2013 $ 25,000,000 September 30, 2013 $ 25,000,000 December 31, 2013 $ 25,000,000 March 31, 2014 $ 37,500,000 June 30, 2014 $ 37,500,000 September 30, 2014 $ 37,500,000 December 31, 2014 $ 37,500,000 March 31, 2015 $ 37,500,000 June 30, 2015 $ 37,500,000 September 30, 2015 $ 37,500,000 Tranche A Term Loan Maturity Date $ 537,500,000 (b) The Tranche B Term Loan of each Tranche B Term Lender shall mature (i) in 23 consecutive quarterly installments on the last day of each September, December, March and June (commencing on March 31, 2011), each in an amount equal to such Lender’s Tranche B Term Percentage multiplied by 0.25% of the aggregate principal amount of the Tranche B all Term Loans outstanding on the Closing Date immediately after funding the Tranche B Term Facility and (ii) on the Tranche B Term Loan Maturity Date in an amount equal to all remaining outstanding Tranche B Term Loans of such Tranche B Term Lenderdate.
Appears in 1 contract