Required Prepayments. Until the Notes shall be paid in full, the Issuers shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 on April 14 in each of the years 2017 to 2021, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, or purchase of the Notes pursuant to paragraph 4G, the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
Appears in 3 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)
Required Prepayments. Until the Notes shall be paid in full, the Issuers shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 45,000,000 on April 14 in each of the years 2017 to 2021, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, or purchase of the Notes pursuant to paragraph 4G, the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
Appears in 2 contracts
Samples: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)
Required Prepayments. Until the Notes shall be paid in full, the Issuers Company shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 50,000,000 on April 14 October 25 in each of the years 2017 to 20212013 and 2015, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, Paragraph 4B or purchase of the Notes pursuant to paragraph 4GParagraph 4E, the principal amount of each required prepayment of the Notes becoming due under this paragraph Paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
Appears in 2 contracts
Samples: Note Agreement (Albany International Corp /De/), Note Agreement and Guaranty (Albany International Corp /De/)
Required Prepayments. Until the Notes shall be paid in full, the Issuers Obligors shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 25,000,000 on April 14 27 in each of the years 2017 2014 to 20212018, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, paragraph 4B or purchase of the Notes pursuant to paragraph 4G, 4E the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
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Required Prepayments. Until (a) On April 5, 2007, and on each April 5 thereafter to and including April 5, 2010 the Notes Issuer will prepay $35,000,000 aggregate principal amount (or such lesser principal amount as shall then be paid in full, the Issuers shall apply to the prepayment outstanding) of the Notes, without Yield-Maintenance Amount, such prepayment to be made at the sum of $15,000,000 on April 14 in each of the years 2017 principal amount to 2021, inclusive, and such principal amounts of the Notesbe prepaid, together with accrued interest thereon to the prepayment datesdate of such prepayment, shall become due on such prepayment dates; without payment of any Make-Whole Amount or other premium, allocated as provided that upon any in Section 8.10.
(b) No partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, or purchase any other provision in this Agreement shall relieve the Issuer of its obligation to make prepayments of the Notes required by this Section 8.2 (with the effect that such prepayments shall be applied to such required prepayments and to the payment at the final maturity of the Notes in inverse order), provided that upon purchase of Notes pursuant to paragraph 4G, Section 8.12 the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A Section 8.2 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
Appears in 1 contract
Samples: Note Purchase Agreement (Cordiant Communications Group PLC /Adr)
Required Prepayments. Until the Notes shall be paid in full, the Issuers Obligors shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 10,000,000 on April 14 August 15 in each of the years 2017 2005 to 20212009, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, paragraph 4B or purchase of the Notes pursuant to paragraph 4G, 4E the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
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Required Prepayments. Until the Notes shall be paid in full, the Issuers Company shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 7,143,000 on April 14 November 10 in each of the years 2017 2001 to 2021, 2006 inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided provided, that upon any partial in the event of the acquisition or prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, or purchase of the any Notes pursuant to paragraph 4B, 4E, 4F or 4G, G the aggregate principal amount of Notes which the Company shall thereafter be required to prepay on each November 10 pursuant to this paragraph 4A shall be reduced by an amount (rounded down to the nearest whole dollar) which bears the same ratio to the principal amount of each Notes otherwise required prepayment to be prepaid on such date as the aggregate principal amount of Notes so prepaid or acquired pursuant to paragraph 4B, 4E, 4F or 4G bears to the principal amount of Notes becoming due under this paragraph 4A on and after the date of outstanding immediately prior to such prepayment or purchase shall be reduced in the same proportion as the acquisition. The remaining aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the stated maturity date of the Notes.
Appears in 1 contract
Samples: Note Agreement (Brown & Sharpe Manufacturing Co /De/)
Required Prepayments. Until the Notes shall be paid in full, the Issuers Obligors shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 25,000,000 on April 14 27 in each of the years 2017 2014 to 20212018, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, 4E or purchase of the Notes pursuant to paragraph 4G, G the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
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Required Prepayments. Until the Notes shall be paid in full, the Issuers Obligors shall apply to the prepayment of the Notes, without Yield-Maintenance Amount, the sum of $15,000,000 12,000,000 on April 14 July 27 in each of the years 2017 2008 to 20212012, inclusive, and such principal amounts of the Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates; provided that upon any partial prepayment of the Notes pursuant to paragraphs 4B, 4D or 4E, paragraph 4B or purchase of the Notes pursuant to paragraph 4G, 4E the principal amount of each required prepayment of the Notes becoming due under this paragraph 4A 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 Notes is reduced as a result of such prepayment or purchase. The remaining principal amount of the Notes, together with interest accrued thereon, shall become due on the maturity date of the Notes.
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