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.
Schedule of Installment Payments of Principal of Term Loan. The Borrower promises to pay to the Dollar Agent for the account of the Dollar Banks the principal amount of the Term Loan in twenty-eight (28) consecutive quarterly installment payments, twenty-seven (27) of which shall be payable on each calendar quarter ending date and each in the amount set forth in the table below opposite the period in such table during which such calendar quarter ending date occurs, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan: Amount of Period: Quarterly Payment: ------- ------------------ January 1, 1997 - December 31, 1997 $125,000.00 January 1, 1998 - December 31, 1998 $250,000.00 January 1, 1999 - December 31, 1999 $375,000.00 January 1, 2000 - December 31, 2000 $500,000.00 January 1, 2001 - December 31, 2001 $750,000.00 January 1, 2002 - December 31, 2002 $2,000,000.00 January 1, 2003 - September 30, 2003 $2,250,000.00
Schedule of Installment Payments of Principal of Term Loan. The Borrowers jointly and severally promise to pay to the Administrative Agent for the account of the Lenders the principal amount of the Term Loan in one hundred five (105) consecutive monthly payments in an amount equal to the amount set forth in the table below opposite the period containing the date of such payment, such payments to be due and payable on the fifth day of each month ending within any period set forth below in the table in the amount set forth opposite such period in the table below, commencing on May 5, 2005, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan. Period Amount of Payment May 5, 2005 through and including May 4, 2006 $ 250,000.00 May 5, 2006 through and including January 4, 2014 $ 270,833.33 Term Loan Maturity Date Remaining Balance of Term Loan
Schedule of Installment Payments of Principal of Term Loan. On April 5, 2005, the lenders party to the Original Credit Agreement made the Original Term Loan to the Borrowers. On April 5, 2010, the lenders party to the Existing Credit Agreement made the 2010 Term Loan to the Borrowers, the proceeds of which were used in part to refinance the Borrowers’ then outstanding Indebtedness owing under the Original Term Loan. On March 13, 2013, the lenders party to the Existing Credit Agreement made the 2013 Term Loan to the Borrowers, the proceeds of which were used in part to refinance the Borrowers’ then outstanding Indebtedness owing under the 2010 Term Loan. After such date, the Borrowers made principal payments under the 2013 Term Loan in the aggregate amount of $3,404,752. As a result, on the Effective Date, the outstanding principal amount of the 2013 Term Loan was $7,595,248. Pursuant to the terms hereof, the Lenders have agreed to make the Term Loan to the Borrowers on the Effective Date in the principal amount of $12,000,000 to be used in accordance with §8.17. The Borrowers jointly and severally promise to pay to the Administrative Agent for the account of the Lenders the principal amount of the Term Loan in fifty-nine (59) consecutive monthly payments in the amount of $133,333, such payments to be due and payable on the 13th day of each month commencing on June 13, 2015, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
Schedule of Installment Payments of Principal of Term Loan. Section 4.3.1 of the Credit Agreement is hereby amended by deleting such Section in its entirety and substituting the following new Section 4.3.1 in lieu thereof:
Schedule of Installment Payments of Principal of Term Loan. The Borrower promises to pay to the Administrative Agent for the account of the Lenders the principal amount of the Term Loan in fifteen (15) consecutive quarterly payments of (x) with respect to payments for FQ1 2003 through FQ4 2003, $1,250,000, and (y) after giving effect to the New Equity Transaction (as defined in Amendment No. 2) and the application of certain Net Cash Equity Issuance Proceeds therefrom among the remaining scheduled installments of the principal on the Term Loan as provided in Amendment No. 2, with respect to payments for FQ1 2004 through FQ3 2006, $958,333, each such payment to be due and payable on the last day of each fiscal quarter of the Borrower, commencing on March 30, 2003, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.”
Schedule of Installment Payments of Principal of Term Loan. On April 5, 2005, the lenders party to the Original Credit Agreement made a Term Loan (as defined in the Original Credit Agreement) to Holdings and Crystal Rock LLC in the principal amount of $28,000,000.00. After such date, Holdings and Crystal Rock LLC made principal payments in the aggregate amount of $15,812,499.85. As a result, on the Effective Date, the outstanding principal amount of such Term Loan (as defined in the Original Credit Agreement) was $12,187,500.15. Pursuant to the terms hereof, the Lenders made the Effective Date Term Loan to the Borrowers on the Effective Date in the principal amount of $15,500,000. Pursuant to the terms hereof, the Lenders have agreed to make the Term Loan to the Borrowers on the Third Amendment Date in the principal amount of $11,000,000 to be used in accordance with §8.17. The Borrowers jointly and severally promise to pay to the Administrative Agent for the account of the Lenders the principal amount of the Term Loan in fifty-nine (59) consecutive monthly payments in the amount of $130,952, such payments to be due and payable on the 13th day of each month commencing on April 13, 2013, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
Schedule of Installment Payments of Principal of Term Loan. On April 5, 2005, the lenders party to the Original Credit Agreement made a Term Loan (as defined in the Original Credit Agreement) to Holdings and Crystal Rock LLC in the principal amount of $28,000,000.00. After such date, Holdings and Crystal Rock LLC made principal payments in the aggregate amount of $15,812,499.85. As a result, on the Effective Date, the outstanding principal amount of such Term Loan (as defined in the Original Credit Agreement) was $12,187,500.15. Pursuant to the terms hereof, the Lenders have agreed to make the Term Loan to the Borrowers on the Effective Date in the principal amount of $15,500,000 to be used in accordance with §8.17. The Borrowers jointly and severally promise to pay to the Administrative Agent for the account of the Lenders the principal amount of the Term Loan in fifty-nine (59) consecutive monthly payments in the amount of $184,500, such payments to be due and payable on the 5th day of each month commencing on May 5, 2010, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan.
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 ten (10) equal semiannual installments, each in an amount determined by the Agent by reference to a five year amortization schedule commencing on the Revolving Credit Termination Date. Such installments shall be due and payable on the last day of January 1 and July 1 of each calendar year, commencing on the first such date following the Revolving Credit Termination Date, with a final payment on the Maturity Date in an amount equal to the unpaid balance of the Term Loan.
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 eighteen (18) consecutive quarterly payments, such installments to be due and payable on the last day of each calendar quarter of each calendar year in the amount set forth opposite such quarter in the table below, commencing on December 31, 1997, with a final payment on the Term Loan Maturity Date in an amount equal to the unpaid balance of the Term Loan: ------------------------------------------------ ------------------------- Amount of Quarter Ending: Each Payment ------------------------------------------------ ------------------------- December 31, 1997 - June 30, 1998 $1,500,000.00 ------------------------------------------------ ------------------------- September 30, 1998 - December 31, 2001 $4,366,666.67 ------------------------------------------------ -------------------------
