Common use of Scheduled Amortization of Term Loans Clause in Contracts

Scheduled Amortization of Term Loans. Subject to adjustment as a result of prior payments in accordance with the terms of this Agreement, the Lead Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Principal Amortization Payment Date falling in each month listed below the aggregate principal amount of Term Loans indicated opposite such month: Principal Amortization Payment Date Amortized Payment of Term Loans December 2015 $ 9,375,000.00 March 2016 $ 9,375,000.00 June 2016 $ 9,375,000.00 September 2016 $ 9,375,000.00 December 2016 $ 9,375,000.00 9,023,437.50 March 2017 $ 9,375,000.00 9,023,437.50 June 2017 $ 9,375,000.00 9,023,437.50 September 2017 $ 9,375,000.00 9,023,437.50 December 2017 $ 14,062,500.00 9,023,437.50 March 2018 $ 14,062,500.00 9,023,437.50 June 2018 $ 14,062,500.00 9,023,437.50 September 2018 $ 14,062,500.00 9,023,437.50 December 2018 $ 18,750,000.00 13,535,156.25 March 2019 $ 18,750,000.00 13,535,156.25 June 2019 $ 18,750,000.00 13,535,156.25 September 2019 $ 18,750,000.00 13,535,156.25 December 2019 $ 23,437,500.00 18,046,875.00 March 2020 $ 23,437,500.00 18,046,875.00 June 2020 $ 23,437,500.00 18,046,875.00 September 2020 $ 18,046,875.00 December 2020 $ 22,558,593.75 March 2021 $ 22,558,593.75 June 2021 $ 22,558,593.75 Any remaining unpaid principal amount of Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jazz Pharmaceuticals PLC)

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Scheduled Amortization of Term Loans. Subject to adjustment as a result of prior payments in accordance with the terms of this Agreement, the Lead Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Principal Amortization Payment Date falling in each month listed below the aggregate principal amount of the Term Loans indicated opposite such month: Principal Amortization Payment Date Amortized Payment of Term Loans September 2012 $ 5,937,500.00 December 2012 $ 5,937,500.00 March 2013 $ 5,937,500.00 June 2013 $ 5,937,500.00 September 2013 $ 8,906,250.00 December 2013 $ 8,906,250.00 March 2014 $ 8,906,250.00 June 2014 $ 8,906,250.00 September 2014 $ 11,875,000.00 December 2014 $ 11,875,000.00 -72- Principal Amortization Payment Date Amortized Payment of Term Loans March 2015 $ 11,875,000.00 June 2015 $ 11,875,000.00 September 2015 $ 11,875,000.00 December 2015 $ 9,375,000.00 11,875,000.00 March 2016 $ 9,375,000.00 11,875,000.00 June 2016 $ 9,375,000.00 11,875,000.00 September 2016 $ 9,375,000.00 17,812,500.00 December 2016 $ 9,375,000.00 9,023,437.50 17,812,500.00 March 2017 $ 9,375,000.00 9,023,437.50 17,812,500.00 June 2017 $ 9,375,000.00 9,023,437.50 17,812,500.00 September 2017 $ 9,375,000.00 9,023,437.50 17,812,500.00 December 2017 $ 14,062,500.00 9,023,437.50 17,812,500.00 March 2018 $ 14,062,500.00 9,023,437.50 June 2018 $ 14,062,500.00 9,023,437.50 September 2018 $ 14,062,500.00 9,023,437.50 December 2018 $ 18,750,000.00 13,535,156.25 March 2019 $ 18,750,000.00 13,535,156.25 June 2019 $ 18,750,000.00 13,535,156.25 September 2019 $ 18,750,000.00 13,535,156.25 December 2019 $ 23,437,500.00 18,046,875.00 March 2020 $ 23,437,500.00 18,046,875.00 June 2020 $ 23,437,500.00 18,046,875.00 September 2020 $ 18,046,875.00 December 2020 $ 22,558,593.75 March 2021 $ 22,558,593.75 June 2021 $ 22,558,593.75 17,812,500.00 Any remaining unpaid principal amount of Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jazz Pharmaceuticals PLC)

Scheduled Amortization of Term Loans. Subject to adjustment as a result of prior payments in accordance with the terms of this Agreement, the Lead Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Principal Amortization Payment Date falling in each month listed below in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans indicated opposite such month: Principal Amortization Payment Date Amortized Payment of Paymentof Term Loans December 2015 $ $9,375,000.00 March 2016 $ $9,375,000.00 June 2016 $ 9,375,000.00 September 2016 $ $9,375,000.00 December 2016 $ 9,375,000.00 $9,023,437.50 March 2017 $ 9,375,000.00 $9,023,437.50 June 2017 $ 9,375,000.00 $9,023,437.50 September 2017 $ 9,375,000.00 $9,023,437.50 December 2017 $ 14,062,500.00 $9,023,437.50 March 2018 $ 14,062,500.00 $9,023,437.50 June 2018 $ 14,062,500.00 $9,023,437.50 September 2018 $ 14,062,500.00 $9,023,437.50 December 2018 $ 18,750,000.00 $13,535,156.25 March 2019 $ 18,750,000.00 $13,535,156.25 June 2019 $ 18,750,000.00 $13,535,156.25 September 2019 $ 18,750,000.00 $13,535,156.25 -00- Xxxxxxxxx Xxxxxxxxxxxx Payment Date Amortized Paymentof Term Loans December 2019 $ 23,437,500.00 $18,046,875.00 March 2020 $ 23,437,500.00 $18,046,875.00 June 2020 $ 23,437,500.00 $18,046,875.00 September 2020 $ $18,046,875.00 December 2020 $ $22,558,593.75 March 2021 $ $22,558,593.75 June 2021 $ $22,558,593.75 immediately after the Amendment No. 2 Effective Date multiplied by (ii) 1.25%, rounded to the nearest dollar (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.09). Any remaining unpaid principal amount of Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jazz Pharmaceuticals PLC)

Scheduled Amortization of Term Loans. Subject to adjustment as a result of prior payments prepayments in accordance with the terms of this Agreement, the Lead Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Principal Amortization Payment Date falling in each month listed below below, if applicable, the aggregate principal amount of the Term Loans indicated opposite such month: Principal Amortization Payment Date Amortized Payment of Term Loans December February 1, 2013 $2,156,250 May 1, 2013 $2,156,250 August 1, 2013 $2,156,250 November 1, 2013 $2,156,250 February 1, 2014 $3,593,750 May 1, 2014 $3,593,750 August 1, 2014 $3,593,750 November 1, 2014 $3,593,750 February 1, 2015 $ 9,375,000.00 March $4,312,500 May 1, 2015 $4,312,500 August 1, 2015 $4,312,500 November 1 2015 $4,312,500 February 1, 2016 $ 9,375,000.00 June $4,312,500 May 1, 2016 $ 9,375,000.00 September $4,312,500 August 1, 2016 $ 9,375,000.00 December $4,312,500 November 1, 2016 $ 9,375,000.00 9,023,437.50 March $4,312,500 February 1, 2017 $ 9,375,000.00 9,023,437.50 June $4,312,500 May 1, 2017 $ 9,375,000.00 9,023,437.50 September $4,312,500 August 1, 2017 $ 9,375,000.00 9,023,437.50 December 2017 $ 14,062,500.00 9,023,437.50 March 2018 $ 14,062,500.00 9,023,437.50 June 2018 $ 14,062,500.00 9,023,437.50 September 2018 $ 14,062,500.00 9,023,437.50 December 2018 $ 18,750,000.00 13,535,156.25 March 2019 $ 18,750,000.00 13,535,156.25 June 2019 $ 18,750,000.00 13,535,156.25 September 2019 $ 18,750,000.00 13,535,156.25 December 2019 $ 23,437,500.00 18,046,875.00 March 2020 $ 23,437,500.00 18,046,875.00 June 2020 $ 23,437,500.00 18,046,875.00 September 2020 $ 18,046,875.00 December 2020 $ 22,558,593.75 March 2021 $ 22,558,593.75 June 2021 $ 22,558,593.75 Any $4,312,500 Maturity Date $44,562,500 ; provided that in any event any remaining unpaid principal amount of Term Loans shall be due and payable on the earlier of (a) the Maturity Date and (b) the date the Term Loan Loans are declared due and payable pursuant to Section 9.2 [Consequences of Event of Default] (it being understood that if the Maturity Date is June 15, 2017, the August 1, 2017 payment shall not be applicable and the payment amount set forth opposite β€œMaturity Date” shall be increased accordingly).

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

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Scheduled Amortization of Term Loans. Subject to adjustment as a result of prior payments in accordance with the terms of this Agreement, the Lead Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on each Principal Amortization Payment Date falling in each month listed below the aggregate principal amount of Term Loans indicated opposite such month: Principal Amortization Payment Date Amortized Payment of Term Loans December 2015 $ 9,375,000.00 March 2016 $ 9,375,000.00 June 2016 $ 9,375,000.00 September 2016 $ 9,375,000.00 December 2016 $ 9,375,000.00 9,023,437.50 March 2017 $ 9,375,000.00 9,023,437.50 June 2017 $ 9,375,000.00 9,023,437.50 September 2017 $ 9,375,000.00 9,023,437.50 December 2017 $ 14,062,500.00 9,023,437.50 March 2018 $ 14,062,500.00 9,023,437.50 June 2018 $ 14,062,500.00 9,023,437.50 September 2018 $ 14,062,500.00 9,023,437.50 December 2018 $ 18,750,000.00 13,535,156.25 March 2019 $ 18,750,000.00 13,535,156.25 June 2019 $ 18,750,000.00 13,535,156.25 September 2019 $ 18,750,000.00 13,535,156.25 December 2019 $ 23,437,500.00 18,046,875.00 March 2020 $ 23,437,500.00 18,046,875.00 June 2020 $ 23,437,500.00 18,046,875.00 September 2020 $ 18,046,875.00 December 2020 $ 22,558,593.75 March 2021 $ 22,558,593.75 June 2021 $ 22,558,593.75 Any remaining unpaid principal amount of Term Loans shall be due and payable on the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jazz Pharmaceuticals PLC)

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