Common use of Required Prepayments of Notes Clause in Contracts

Required Prepayments of Notes. Until the Notes shall be paid in full, the Company shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $3,571,429.00 commencing on April 3, 2000 and each April 3 thereafter, to and including April 3, 2005, and such principal amounts of the Notes, together with interest thereon to the payment dates, shall become due on such payment dates. The remaining unpaid principal amount of the Notes, together with interest accrued thereon, shall become due on April 3, 2006, the maturity date of the Notes.

Appears in 1 contract

Samples: Note Purchase Agreement (Waste Industries Usa Inc)

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Required Prepayments of Notes. Until the Notes shall be paid in full, the Company shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $3,571,429.00 commencing 2,500,000 on April 3May 15 and November 15 in each of the years 1994 through 1995, 2000 and each April 3 thereafter$2,500,000 on May 15, to and including April 3, 20051996, and such principal amounts of the Notes, together with interest thereon to the payment dates, shall 2 become due on such payment dates. The remaining unpaid principal amount of the Notes, together with interest accrued thereon, shall become due on April 3, 2006, the maturity date of the Notes.

Appears in 1 contract

Samples: Note Agreement (Crown Crafts Inc)

Required Prepayments of Notes. Until the Notes shall be paid in full, the Company shall apply to the prepayment of the Notesthereof, without Yield-Maintenance Amountpremium, the sum of $3,571,429.00 commencing 5,769,230.77 on April 3December 21, 2000 2021 and on each April 3 thereafter, to June 21 and December 21 thereafter through and including April 3June 21, 20052027, inclusive, and such principal amounts of the Notes, together with interest thereon to the payment prepayment dates, shall become due on such payment prepayment dates. The remaining unpaid outstanding principal amount of the Notes, together with any accrued and unpaid interest accrued thereon, shall become due on April 3December 21, 20062027, the maturity date of the Notes.

Appears in 1 contract

Samples: Note Purchase Agreement (Matson, Inc.)

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Required Prepayments of Notes. Until the Notes shall be paid in full, the Company shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $3,571,429.00 commencing 4,000,000 on April 3August 28 in each of the years 2006 to 2009, 2000 and each April 3 thereafter, to and including April 3, 2005inclusive, and such principal amounts of the Notes, together with interest thereon to the payment dates, shall become due on such payment dates. The remaining unpaid principal amount of the Notes, together with interest accrued thereon, shall become due on April 3, 2006, the maturity date of the Notes.

Appears in 1 contract

Samples: Note Purchase Agreement (American Biltrite Inc)

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