Repayments of the Term Loan. 4.3.1. Schedule of Installment Payments of Principal of Term Loan. ---------------------------------------------------------- The Borrower promises to pay to the Agent for the account of the Banks the principal amount of the Term Loan in eleven (11) consecutive quarterly payments payable on the dates and in the amounts (as the same may be adjusted pursuant to (S)4.3.2 and (S)4.3.3 hereof) set forth in the table below commencing on July 1, 2000, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan. ------------------------------------------------------------------------- Quarter Commencing Amount of Payment ------------------ ----------------- ------------------------------------------------------------------------- July 1, 2000 $ 2,500,000 ------------------------------------------------------------------------- October 1, 2000 $ 3,500,000 ------------------------------------------------------------------------- January 1, 2001 $ 3,500,000 ------------------------------------------------------------------------- April 1, 2001 $ 3,500,000 ------------------------------------------------------------------------- July 1, 2001 $ 3,500,000 ------------------------------------------------------------------------- October 1, 2001 $ 3,500,000 ------------------------------------------------------------------------- January 1, 2002 $ 4,000,000 ------------------------------------------------------------------------- April 1, 2002 $ 4,000,000 ------------------------------------------------------------------------- July 1, 2002 $ 4,000,000 ------------------------------------------------------------------------- October 1, 2002 $ 4,000,000 ------------------------------------------------------------------------- Term Loan Maturity Date Remaining Unpaid Balance of Term Loan -------------------------------------------------------------------------
4.3.2. Proceeds. Concurrently with the receipt by the Borrower or any -------- of its Subsidiaries of
(a) Net Cash Sale Proceeds from Asset Sales (other than the sale or disposition of assets in the ordinary course of business consistent with past practices) (i) which exceed in the aggregate fifteen percent (15%) of Total Assets, and (ii) which, in any event, are not reinvested by the Borrower or its Subsidiaries in replacement assets in which the Agent shall have a first priority perfected security interest for the benefit of the Agent and the Banks within 180 days of...
Repayments of the Term Loan. The Borrower promises to pay to the Administrative Agent for the account of the Banks the principal amount of the Term Loan on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
Repayments of the Term Loan. The Borrower hereby unconditionally promises to pay to the order of the Bank the then unpaid principal amount, together with all accrued and unpaid interest thereon, due on the Term Loan on the Maturity Date.
Repayments of the Term Loan. The Borrower promises to pay to the Agent for the account of the Banks the principal amount of the Term Loan in four (4) consecutive quarterly installments, each equal as near as possible to 1/4th of the principal amount of the Term Loan outstanding on the Revolving Credit Loan Maturity Date, such installments to be due and payable on the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending June 30, 1999, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
Repayments of the Term Loan. 4.3.1 Schedule of Installment Payments of Principal of Term Loan. ---------------------------------------------------------- The Borrower promises to pay to the Agent for the account of the Banks the principal amount of the Term Loan in eight (8) consecutive quarterly payments of $1,250,000, such installments to be due and payable on the last day of each calendar quarter of each calendar year, commencing on September 30, 1998, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
Repayments of the Term Loan. The Borrower promises to pay to the Agent for the account of the Banks the principal amount of the Term Loan in four (4) installments, the first three of which shall each equal as nearly as possible to 1/4th of the principal amount of the Term Loan outstanding on the Revolving Credit Loan Maturity Date, such installments to be due and payable on August 5, 2002, November 5, 2002 and February 5, 2003, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
(d) The date "May 5, 2002" in Section 5.1.1 is hereby deleted and replaced with "August 5, 2002".
(e) Section 9 of the Credit Agreement is hereby amended by inserting the following new Section 9.18:
Repayments of the Term Loan. The Borrowers shall repay to the Term Lenders in full on the Termination Date the aggregate principal amount of the Term Loan and all other Obligations outstanding on the Termination Date.
Repayments of the Term Loan. The Borrowers shall repay to the Term Lenders in full on the Termination Date the aggregate principal amount of the Term Loan and all other Obligations outstanding on the Termination Date. Scheduled installments for an Incremental Term Loan, to the extent not specified in Section 1.2, shall be as specified in the applicable amendment.
Repayments of the Term Loan. 4.3.1. Schedule of Installment Payments of Principal of Term ----------------------------------------------------- Loan. The Borrower promises to pay to the Agent for the account of ---- the Banks the principal amount of the Term Loan in eleven (11) consecutive quarterly payments payable on the dates and in the amounts (as the same may be adjusted pursuant to (S)4.3.2 and (S)4.3.3 hereof) set forth in the table below commencing on July 1, 2000, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan. ----------------------------------------------------------------------- Quarter Commencing Amount of Payment ------------------ ----------------- -----------------------------------------------------------------------
Repayments of the Term Loan. The Borrower promises to pay to the Agent for the account of the Banks the principal amount of the Term Loan in four (4) consecutive quarterly installments, each equal as near as possible to 1/4th of the principal amount of the Term Loan outstanding on the Revolving Credit Loan Maturity Date, such installments to be due and payable on June 30, 2002, September 30, 2002, December 31, 2002 and March 31, 2003, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
