Common use of Repayment of Tranche B Term Loan Clause in Contracts

Repayment of Tranche B Term Loan. The Borrower hereby promises to pay the outstanding principal amount of the Tranche B Term Loan in twenty-eight (28) consecutive quarterly installments as follows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 3.3), unless accelerated sooner pursuant to Section 9.2: ================================ ============================== TRANCHE B TERM LOAN PRINCIPAL AMORTIZATION PAYMENT PRINCIPAL AMORTIZATION DATES PAYMENT -------------------------------- ------------------------------ June 30, 2001, September 30, 2001, December 31, 2001, March 31, 2002, June 30, 2002, September 30, 2002, December 31, 2002, March 31, 2003, June 30, 2003, $675,000 September 30, 2003, December 31, 2003, March 31, 2004, June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005, September 30, 2005, December 31, 2005, March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 -------------------------------- ------------------------------ June 30, 2007, September 30, 2007, December 31, 2007 and $63,450,000 March 31, 2008 ================================ ==============================

Appears in 2 contracts

Samples: Credit Agreement (Mg Waldbaum Co), Credit Agreement (Mg Waldbaum Co)

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Repayment of Tranche B Term Loan. The Borrower hereby promises to pay the outstanding principal amount of the Tranche B Term Loan in twenty-eight four (2824) consecutive quarterly installments as follows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 3.3), unless accelerated sooner pursuant to Section 9.2: ================================ ============================== TRANCHE B TERM LOAN PRINCIPAL PRINCIPAL AMORTIZATION AMORTIZATION PAYMENT PRINCIPAL AMORTIZATION DATES PAYMENT -------------------------------- ------------------------------ June 30, 2001, September 30, 2001, December 31, 2001, March 31, 2002, June 30, 2002, September 30, 2002, ----------------------------------------------------------------- ------------------- December 31, 2002, March 31, 2003, June 30, 2003, $675,000 September 30, 2003, December 31, 2003, March 31, 2004, June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005, September 30, 2005, December 31, 2005, March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and 2006, March 31, 2007 -------------------------------- ------------------------------ 2007, June 30, 2007, and September 30, 2007, ..................... $ 675,000 December 31, 2007 and $63,450,000 2007, March 31, 2008, June 30, 2008 ================================ ==============================and the Maturity Date............................................................ $64,125,000

Appears in 1 contract

Samples: Credit Agreement (Agrilink Foods Inc)

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Repayment of Tranche B Term Loan. The Borrower hereby promises to pay the outstanding principal amount of the Tranche B Term Loan in twenty-eight (28) consecutive quarterly installments as follows (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 3.3), unless accelerated sooner pursuant to Section 9.2: ================================ ================================ PRINCIPAL TRANCHE B TERM LOAN AMORTIZATION PRINCIPAL AMORTIZATION PAYMENT PRINCIPAL AMORTIZATION DATES PAYMENT -------------------------------- ------------------------------ --------------------------------------------------------------- June 30, 2001, $675,000 September 30, 2001, December 31, 2001, March 31, 2002, June 30, 2002, September 30, 2002, December 31, 2002, March 31, 2003, June 30, 2003, $675,000 September 30, 2003, December 31, 2003, March 31, 2004, June 30, 2004, September 30, 2004, December 31, 2004, March 31, 2005, June 30, 2005, September 30, 2005, December 31, 2005, March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 -------------------------------- ------------------------------ --------------------------------------------------------------- June 30, 2007, $63,450,000 September 30, 2007, December 31, 2007 and $63,450,000 March 31, 2008 ================================ ================================

Appears in 1 contract

Samples: Credit Agreement (Michael Foods Inc /Mn)

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