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Common use of Scheduled Amortization Clause in Contracts

Scheduled Amortization. The Borrower shall repay to the Administrative Agent for the ratable account of the 2021 Other Term B-1 Lenders: (a) on the last Business Day of each March, June, September and December, commencing with the last Business Day of September 2021, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all 2021 Other Term B-1 Loans outstanding on the Fourth Revolving Facility Refinancing Amendment Effective Date (as such repayment amount shall be reduced as a result of the application of prepayments as directed by the Borrower pursuant to Section 2.05). (b) on the 2021 Other Term B-1 Loan Maturity Date, the aggregate principal amount of all such 2021 Other Term B-1 Loans outstanding on such date.

Appears in 1 contract

Samples: Fourth Revolving Facility Refinancing Amendment (Sabre Corp)

Scheduled Amortization. The Borrower shall repay to the Administrative Agent for the ratable account of the 2021 Other Term B-1 B-2 Lenders: (a) on the last Business Day of each March, June, September and December, commencing with the last Business Day of September 2021, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all 2021 Other Term B-1 B-2 Loans outstanding on the Fourth Revolving Facility Seventh Term B Loan Refinancing Amendment Effective Date (as such repayment amount shall be reduced as a result of the application of prepayments as directed by the Borrower pursuant to Section 2.05). (b) on the 2021 Other Term B-1 B-2 Loan Maturity Date, the aggregate principal amount of all such 2021 Other Term B-1 B-2 Loans outstanding on such date.

Appears in 1 contract

Samples: Seventh Term B Loan Refinancing Amendment (Sabre Corp)

Scheduled Amortization. The Borrower shall repay to the Administrative Agent for the ratable account of the 2021 2020 Other Term B-1 B Lenders: (ai) on the last Business Day of each March, June, September and December, commencing with the last Business Day of September March 2021, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all 2021 2020 Other Term B-1 B Loans outstanding on the Fourth Revolving Facility Refinancing Sixth Term Loan Amendment Effective Date (as such repayment amount shall be reduced as a result of the application of prepayments as directed by the Borrower pursuant to Section 2.05). (bii) on the 2021 2020 Other Term B-1 B Loan Maturity Date, the aggregate principal amount of all such 2021 2020 Other Term B-1 B Loans outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Sabre Corp)

Scheduled Amortization. The Borrower shall repay to the Administrative Agent for the ratable account of the 2021 Other 2024 Term B-1 Lenders: (ai) on the last Business Day of each March, June, September and December, commencing with the last Business Day of September 2021March 31, 2025, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all 2021 Other 2024 Term B-1 Loans outstanding on the Fourth Revolving Facility Refinancing Third Term Loan Extension Amendment Effective Date (as such repayment amount shall be reduced as a result of the application of prepayments as directed by the Borrower pursuant to Section 2.05). (bii) on the 2021 Other 2024 Term B-1 Loan Maturity Date, the aggregate principal amount of all such 2021 Other 2024 Term B-1 Loans outstanding on such date.

Appears in 1 contract

Samples: Third Term Loan B Extension Amendment (Sabre Corp)