Common use of Scheduled Amortization of Initial Term A Loans Clause in Contracts

Scheduled Amortization of Initial Term A Loans. Subject to adjustment as a result of prepayments in accordance with the terms of this Agreement, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Quarterly Payment Date of each month listed below, the aggregate principal amount of the Initial Term A Loans indicated opposite such date: Month Amortization Payment June 2019 $ 3,750,000 September 2019 $ 3,750,000 December 2019 $ 3,750,000 March 2020 $ 3,750,000 June 2020 $ 6,250,000 Month Amortization Payment September 2020 $ 6,250,000 December 2020 $ 6,250,000 March 2021 $ 6,250,000 June 2021 $ 6,250,000 September 2021 $ 6,250,000 December 2021 $ 6,250,000 March 2022 $ 6,250,000 June 2022 $ 8,750,000 September 2022 $ 8,750,000 December 2022 $ 8,750,000 Term A Loan Maturity Date $ 8,750,000 ; provided that in any event any remaining unpaid principal amount of Initial Term A Loans shall be due and payable on the earlier of (a) the Term A Loan Maturity Date applicable to the Initial Term A Loans and (b) the date the Initial Term A Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default].

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc.)

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Scheduled Amortization of Initial Term A Loans. Subject to adjustment as a result of prepayments in accordance with the terms of this Agreement, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Quarterly Payment Date of each month listed below, the aggregate principal amount of the Initial Term A Loans indicated opposite such date: Month Amortization Payment June 2019 $ $3,750,000 September 2019 $ $3,750,000 December 2019 $ $3,750,000 March 2020 $ $3,750,000 June 2020 $ $6,250,000 September 2020 $6,250,000 December 2020 $6,250,000 March 2021 $6,250,000 June 2021 $6,250,000 September 2021 $6,250,000 Month Amortization Payment September 2020 $ 6,250,000 December 2020 $ 6,250,000 March 2021 $ 6,250,000 June 2021 $ 6,250,000 September 2021 $ 6,250,000 December 2021 $ $6,250,000 March 2022 $ $6,250,000 June 2022 $ $8,750,000 September 2022 $ $8,750,000 December 2022 $ $8,750,000 Term A Loan Maturity Date $ $8,750,000 ; provided that in any event any remaining unpaid principal amount of Initial Term A Loans shall be due and payable on the earlier of (a) the Term A Loan Maturity Date applicable to the Initial Term A Loans and (b) the date the Initial Term A Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default].

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc.)

Scheduled Amortization of Initial Term A Loans. Subject to adjustment as a result of prepayments in accordance with the terms of this Agreement, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Quarterly Payment Date of each month listed below, the aggregate principal amount of the Initial Term A Loans indicated opposite such date: Month Amortization Payment June 2019 $ $3,750,000 September 2019 $ $3,750,000 December 2019 $ $3,750,000 March 2020 $ $3,750,000 June 2020 $ $6,250,000 Month Amortization Payment September 2020 $ $6,250,000 December 2020 $ $6,250,000 March 2021 $ $6,250,000 June 2021 $ $6,250,000 September 2021 $ $6,250,000 December 2021 $ $6,250,000 March 2022 $ $6,250,000 June 2022 $ $8,750,000 September 2022 $ $8,750,000 December 2022 $ $8,750,000 Term A Loan Maturity Date $ $8,750,000 ; provided that in any event any remaining unpaid principal amount of Initial Term A Loans shall be due and payable on the earlier of (a) the Term A Loan Maturity Date applicable to the Initial Term A Loans and (b) the date the Initial Term A Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default].

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc.)

Scheduled Amortization of Initial Term A Loans. Subject to adjustment as a result of prepayments in accordance with the terms of this Agreement, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Quarterly Payment Date of each month listed below, the aggregate principal amount of the Initial Term A Loans indicated opposite such date: Month Amortization Payment June 2019 $ 3,750,000 September 2019 $ 3,750,000 December 2019 $ 3,750,000 March 2020 $ 3,750,000 June 2020 $ 6,250,000 Month Amortization Payment September 2020 $ 6,250,000 December 2020 $ 6,250,000 March 2021 $ 6,250,000 June 2021 $ 6,250,000 September 2021 $ 6,250,000 December 2021 $ 6,250,000 March 2022 $ 6,250,000 June 2022 $ 8,750,000 September 2022 $ 8,750,000 December 2022 $ 8,750,000 Term A Loan Maturity Date $ 8,750,000 ; provided that in any event any remaining unpaid principal amount of Initial Term A Loans shall be due and payable on the earlier of (a) the Term A Loan Maturity Date applicable to the Initial Term A Loans and (b) the date the Initial Term A Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default].

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc.)

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Scheduled Amortization of Initial Term A Loans. Subject to adjustment as a result of prepayments in accordance with the terms of this Agreement, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Quarterly Payment Date of each month listed below, the aggregate principal amount of the Initial Term A Loans indicated opposite such date: Month Amortization Payment March 2018 $ 3,750,000 June 2018 $ 3,750,000 September 2018 $ 3,750,000 December 2018 $ 3,750,000 March 2019 $ 3,750,000 June 2019 $ 3,750,000 September 2019 $ 3,750,000 December 2019 $ 3,750,000 March 2020 $ 3,750,000 6,250,000 June 2020 $ 6,250,000 Month Amortization Payment September 2020 $ 6,250,000 December 2020 $ 6,250,000 March 2021 $ 6,250,000 11,250,000 June 2021 $ 6,250,000 11,250,000 September 2021 $ 6,250,000 December 2021 $ 6,250,000 March 2022 $ 6,250,000 June 2022 $ 8,750,000 September 2022 $ 8,750,000 December 2022 $ 8,750,000 11,250,000 Term A Loan Maturity Date $ 8,750,000 11,250,000 ; provided that in any event any remaining unpaid principal amount of Initial Term A Loans shall be due and payable on the earlier of (a) the Term A Loan Maturity Date applicable to the Initial Term A Loans and (b) the date the Initial Term A Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default].

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc.)

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