Required Prepayments of Series A Notes. Until the Series A Notes shall be paid in full, the Company shall apply to the prepayment of the principal amount of the Series A Notes, without Yield-Maintenance Amount, the sum of $2,142,857.14 on February 25 of each year, commencing on February 25, 2008 through and including February 25, 2013, and such principal amounts of the Series A Notes, together with interest thereon to the payment dates, shall become due on such payment dates. The remaining unpaid principal amount of the Series A Notes, together with interest accrued thereon, shall become due on the maturity date of the Series A Notes.
Required Prepayments of Series A Notes. (a) The entire unpaid principal amount of the Tranche A Notes shall become due and payable on September 27, 2015.
(b) On September 27, 2011 and on each September 27 thereafter to and including September 27, 2015 the Obligors will prepay $16,200,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Tranche B Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Section 8.2 or Section 8.7, the principal amount of each required prepayment of the Tranche B Notes becoming due under this Section 8.1(b) on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment
Required Prepayments of Series A Notes. As provided therein, the entire unpaid principal balance of each Series A Note shall be due and payable on March 20, 2020.
Required Prepayments of Series A Notes. (i) The Company shall make, or shall cause each applicable Subsidiary to make, a prepayment from the Net Proceeds of each Restricted Asset Disposition and each Capital Market Transaction, except that such Net Proceeds shall be (a) payable to the Collateral Agent as and when the aggregate amount thereof since the last such payment of Net Proceeds pursuant hereto is equal to or exceeds $50,000, and (b) applied to reduce the amount of Mandatory Senior Debt Payments required to be made pursuant to clause 4A(iii), with such applications being applied in the order of maturity of the Payment Dates set forth in clause 4A(iii). Such amounts paid to the Collateral Agent shall be held by the Collateral Agent, for the ratable benefit of the Secured Parties, and distributed to the Secured Parties as and when the aggregate amount held by it is at least equal to $250,000, or at such earlier time as the Secured Parties may agree upon, all pursuant to the provisions of Section 32 of the Intercreditor Agreement. 2
(ii) The Company shall make payments of principal outstanding on the Senior Debt to the Secured Parties, pro rata (calculated as provided in Section 32(c) of the Intercreditor Agreement), in the following amounts on or before the dates set forth below (the "MANDATORY SENIOR DEBT PAYMENTS"): Payment Date Payment Amount ------------ -------------- December 8, 2000 $ 7,000,000 December 31, 2000 $ 4,000,000 February 4, 2001 $ 3,000,000 March 4, 2001 $ 2,000,000 April 1, 2001 $ 3,000,000 ----------- Total $19,000,000
(iii) The Notes of each Series shall be subject to prepayment in whole or in part pursuant to this paragraph 4A at 100% of the principal amount so prepaid plus interest thereon to the prepayment date and Yield-Maintenance Amount, if any, subject to clause (v) below, with respect to each such Note.
(iv) The Notes of each Series shall be due and payable on April 3, 2001 at 100% of the principal amount plus interest thereon to the payment date and Yield-Maintenance Amount.
(v) Yield-Maintenance Amount shall not be payable on any prepayments of principal that are in the aggregate less than or equal to $7,142,856 and made after August 30, 2000. For any prepayment of principal in excess of an aggregate of $7,142,856, Yield-Maintenance Amount shall be due and payable on the payment date with respect to such prepayment. The calculation of the Yield-Maintenance Amount shall be made using the mandatory prepayment schedule applicable to the Notes as originally issued...
Required Prepayments of Series A Notes. (a) The entire unpaid principal amount of the Tranche A Notes shall become due and payable on September 27, 2015.
Required Prepayments of Series A Notes. (8) 4B. Required Prepayments of Shelf Notes.(8) 4C. Optional Prepayment with Yield-Maintenance Amount(8) 4D. Notice of Optional Prepayment(9) 4E. Application of Prepayments(9) 4F. Retirement of Notes(9) 5. AFFIRMATIVE COVENANTS(9) 5A. Financial Statements.(9) 5B. Inspection of Property(12) 5C. Covenant to Secure Notes Equally.(12)
Required Prepayments of Series A Notes. (a) On April 25, 2010 and on each April 25th thereafter to and including April 25, 2015, the Company will prepay $14,285,714 principal amount (or such lesser principal amount as shall then be outstanding) of the Tranche A Notes at par and without payment of the Make-Whole Amount or any premium. The entire unpaid principal amount of the Tranche A Notes shall become due and payable on April 25, 2016.
(b) On April 25, 2010 and on each April 25th thereafter to and including April 25, 2015, the Company will prepay $10,714,285 principal amount (or such lesser principal amount as shall then be outstanding) of the Tranche B Notes at par and without payment of the Make-Whole Amount or any premium. The entire unpaid principal amount of the Tranche B Notes shall become due and payable on April 25, 2016.
(c) Upon any partial prepayment of the Series A Notes pursuant to Section 8.2 or any purchase of less that all the Series A Notes pursuant to Section 8.5, the principal amount of each required prepayment of the Series A Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Series A Notes is reduced as a result of such prepayment or purchase. Xxx Xxxxxxxx Freight Line, Inc. Note Purchase Agreement
Required Prepayments of Series A Notes. On January 18, 2005 and January 18, 2006 the Company will prepay $18,333,000 aggregate principal amount (or such lesser principal amount as shall then be outstanding) of the Series A Notes, such prepayment to be made at the principal amount to be prepaid, together with accrued interest thereon to the date of such prepayment, without payment of any Make-Whole Amount or other premium, allocated as provided in Section 8.4. No partial prepayment of the Series A Notes pursuant to Section 8.2 shall relieve the Company of its obligation to make prepayments of the Notes required by this Section 8.1 (with the effect that such optional prepayments shall be applied to such required prepayments and to the payment at the final maturity of the Series A Notes in inverse order), provided that upon any purchase of less than all of the outstanding Series A Notes pursuant to Section 8.6 the principal amount of each required prepayment of the Series A Notes becoming due under this Section 8.1 on and after the date of such purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Series A Notes is reduced as a result of such purchase.
Required Prepayments of Series A Notes. Until the Series A Notes shall be paid in full, the Company shall apply to the prepayment of the Series A Notes, without Yield-Maintenance Amount, the sum of 27,483,333.34 Swiss Francs on March 1 of 2005 and 2006, and such principal amounts of the Series A Notes, together with interest thereon to such payment dates, shall become due on such payment dates. The remaining unpaid principal amount of the Series A Notes, together with interest accrued thereon, shall become due on the maturity date of the Series A Notes.
Required Prepayments of Series A Notes. The entire outstanding principal amount of the Series A Notes, together with any accrued and unpaid interest thereon, shall become due on August 1, 2020, the maturity date of the Series A Notes.
