Common use of Repayments of the Term Loan Clause in Contracts

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 receipt by such Person of such proceeds, (b) net cash proceeds from any Indebtedness incurred by the Borrower or any Subsidiary, other than Indebtedness permitted by (S)10.1(a), (b) and (d) - (h), and Net Cash Proceeds from any Equity Issuances of the Borrower or any of its Subsidiaries or (c) cash proceeds received from insurance claims received by the Borrower or any of its Subsidiaries which have not been applied by the Borrower or such Subsidiary within 180 days of receipt by such Person of such proceeds (provided, however, if a Default or Event of Default has occurred and is -------- ------- continuing, such proceeds shall be immediately paid to the Agent), the Borrower shall pay to the Agent for the respective accounts of the Banks an amount equal to one hundred percent (100%) of such proceeds, to be applied against the remaining scheduled installments of principal on the Term Loan on a pro rata basis, and, if there are no outstanding amounts owed on the --- ---- Term Loan, then to reduce the outstanding amount of the Revolving Credit Loans.

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 receipt by such Person of such proceeds, (b) net cash proceeds from any Indebtedness incurred by the Borrower or any Subsidiary, other than Indebtedness permitted by (S)10.1(a), (b) and (d) - (h), and Net Cash Proceeds from any Equity Issuances of the Borrower or any of its Subsidiaries or (c) cash proceeds received from insurance claims received by the Borrower or any of its Subsidiaries which have not been applied by the Borrower or such Subsidiary within 180 days of receipt by such Person of such proceeds (provided, however, if a Default or Event of Default has occurred and is -------- ------- continuing, such proceeds shall be immediately paid to the Agent), the Borrower shall pay to the Agent for the respective accounts of the Banks an amount equal to one hundred percent (100%) of such proceeds, to be applied against the remaining scheduled installments of principal on the Term Loan on a pro rata basis, and, if there are no outstanding amounts owed on the --- ---- Term Loan, then to reduce the outstanding amount of the Revolving Credit Loans.

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 receipt by such Person of such proceeds, (b) net cash proceeds from any Indebtedness incurred by the Borrower or any Subsidiary, other than Indebtedness permitted by (S)10.1(a), (b) and (d) - (h), and Net Cash Proceeds from any Equity Issuances of the Borrower or any of its Subsidiaries or (c) cash proceeds received from insurance claims received by the Borrower or any of its Subsidiaries which have not been applied by the Borrower or such Subsidiary within 180 days of receipt by such Person of such proceeds (provided, however, if a Default or Event of Default has occurred and is -------- ------- continuing, such proceeds shall be immediately paid to the Agent), the Borrower shall pay to the Agent for the respective accounts of the Banks an amount equal to one hundred percent (100%) of such proceeds, to be applied against the remaining scheduled installments of principal on the Term Loan on a pro rata basis, and, if there are no outstanding amounts owed on the --- ---- Term Loan, then to reduce the outstanding amount of the Revolving Credit Loans.

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 receipt by such Person of such proceeds, (b) net cash proceeds from any Indebtedness incurred by the Borrower or any Subsidiary, other than Indebtedness permitted by (S)10.1(a), (b) and (d) - (h), and Net Cash Proceeds from any Equity Issuances of the Borrower or any of its Subsidiaries or (c) cash proceeds received from insurance claims received by the Borrower or any of its Subsidiaries which have not been applied by the Borrower or such Subsidiary within 180 days of receipt by such Person of such proceeds (provided, however, if a Default or -------- ------- Event of Default has occurred and is -------- ------- continuing, such proceeds shall be immediately paid to the Agent), the Borrower shall pay to the Agent for the respective accounts of the Banks an amount equal to one hundred percent (100%) of such proceeds, to be applied against the remaining scheduled installments of principal on the Term Loan on a pro rata basis, and, if --- ---- there are no outstanding amounts owed on the --- ---- Term Loan, then to reduce the outstanding amount of the Revolving Credit Loans.