Repayments and Prepayments of Principal. (a) The Borrower shall repay the aggregate principal amount of the Loan withdrawn from the Loan Account in semi-annual instalments, calculated on the basis of the total principal amount over the maturity period minus the grace period. The Fund shall inform the Borrower of the dates and amounts of the payments as soon as possible after the start of the period of maturity of the Loan. If the total principal amount of the Loan is not fully disbursed, upon cancellation of the undisbursed principal amount the schedule of repayments shall be recalculated on the basis of the amount actually disbursed minus principal repayments already received by the Fund.
(b) The Borrower shall have the right to prepay all or any part of the principal amount of the Loan, provided that the Borrower pays all accrued and unpaid interest and/or service charges on the amount to be prepaid as of the prepayment date. All prepayments shall be credited against the remaining Loan instalments in such manner as the Borrower and the Fund shall agree.
Repayments and Prepayments of Principal. (a) The Borrower shall repay the aggregate principal amount of the Loan withdrawn from the Loan Account in semi-annual instalments, calculated over the maturity period minus the grace period. The Fund shall inform the Borrower of the dates and amounts of the payments as soon as possible after the start of the period of maturity of the Loan. The Borrower shall have the right to prepay all or any part of the principal amount of the Loan, provided that the Borrower pays all accrued and unpaid interest and service charges on the amount to be prepaid which are due as of the prepayment date. All prepayments shall be credited first against any outstanding interest and service charge and then against the remaining Loan instalments. Any partial cancellation of the Loan shall be applied pro rata to any remaining payment instalments of the principal amount of the Loan. The Fund shall notify the Borrower of such application, specifying the dates and amounts of the remaining instalments after giving effect thereto.
Repayments and Prepayments of Principal. (a) Payments on the Term Loan A. Borrowers shall pay to Agent, for the account of Lenders in accordance with their respective Pro Rata Share on Term Loan
A, monthly in arrears on the first Business Day of each month beginning with the month following the month in which the Closing Date falls, interest on the outstanding principal amount of the Term Loan A at the annual rate equal to the Interest Rate applicable thereto. Borrowers shall pay to Agent, and Borrowers hereby authorize Agent to charge the respective accounts of Borrowers maintained with Agent, beginning on October 1, 1996 and on each January 1, April 1, July 1, and October 1, thereafter, quarterly installments of principal in the amounts set forth below (or such lesser principal amount of the Term Loan A as shall then be outstanding), plus accrued interest thereon at the Interest Rate applicable to the Term Loan A; provided that in any event the last installment of principal on the Term Loan A shall be due and payable on the Termination Date (if not earlier prepaid) and shall be in an amount sufficient to pay in full the entire unpaid principal amount of the Term Loan A. ================================================================================ PAYMENT DATE PRINCIPAL INSTALLMENT -------------------------------------------------------------------------------- October 1, 1996 $125,000 -------------------------------------------------------------------------------- January 1, 1997 $125,000 -------------------------------------------------------------------------------- April 1, 1997 $125,000 -------------------------------------------------------------------------------- July 1, 1997 $125,000 -------------------------------------------------------------------------------- October 1, 1997 $150,000 -------------------------------------------------------------------------------- January 1, 1998 $150,000 -------------------------------------------------------------------------------- April 1, 1998 $150,000 -------------------------------------------------------------------------------- July 1, 1998 $150,000 -------------------------------------------------------------------------------- October 1, 1998 $175,000 -------------------------------------------------------------------------------- January 1, 1999 $175,000 -------------------------------------------------------------------------------- April 1, 1999 $175,000 --------------------------------------------------------------------------------...
Repayments and Prepayments of Principal of Loans; Pro Rata Treatment;
Repayments and Prepayments of Principal. 26 (a) Payments on the Term Loan A..............................26 (b) Payments on the Term Loan B..............................26 (c) Repayments on the Revolving Credit Loan..................26 (d) Revolving Credit Loan Overadvance........................27 (e) Prepayments from Extraordinary Dispositions....
Repayments and Prepayments of Principal of Loans and Letters of Credit; Pro Rata Treatment; Application of Prepayments....................................18 Section 1.11. Payments and Computations.......................20 Section 1.12. Payments to be Free of Deductions...............21 Section 1.13. Fees............................................22 Section 1.14. Use of Proceeds.................................23 Section 1.15. Illegality....................................
Repayments and Prepayments of Principal. Section 2.7
Repayments and Prepayments of Principal. 27 Section 2.7. Payments and Computations...................................31 Section 2.8. Payments to be Free of Deductions...........................32 Section 2.9. Use of Proceeds.............................................33 Section 2.10. Additional Costs, Etc......................................33 Section 2.11. Agent and Lender Statements................................34
Repayments and Prepayments of Principal. Section 2.6(d) of the Credit Agreement is hereby amended in its entirety to read as follows:
Repayments and Prepayments of Principal. (a) Section 2.6(c) of the Credit Agreement is hereby amended in its entirety to read as follows: SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT CLEARVIEW CINEMA GROUP, INC.
