Common use of Scheduled Amortizations Clause in Contracts

Scheduled Amortizations. (i) The Borrower hereby promises to repay (A) Tranche B Borrowings on the last day of each March, June, September and December, beginning with December 31, 2013 and ending with the last such day to occur prior to the Tranche B Maturity Date, in an aggregate principal amount for each such date (as such amount may be adjusted pursuant to Section 2.05(a)(ii)) equal to 0.25% of the aggregate principal amount of the Tranche B Borrowings made on the Closing Date and (B) Loans of any other Class established under Sections 2.16, 2.17 and 2.18 in such amounts and on such date or dates as shall be specified in the definitive documentation establishing such Class hereunder. (ii) Any prepayment of a Borrowing of any Class made pursuant to Section 2.06(b) shall be applied to the subsequent scheduled repayments of the Borrowings of such Class as directed by the Borrower. Any prepayment of a Borrowing made pursuant to Section 2.06(c) shall be applied (A) in the case of Tranche B Borrowings, first, to reduce the subsequent scheduled repayments thereof on each scheduled repayment date occurring within twelve (12) months after the date of such prepayment, in direct order of maturity, unless and until the repayments due on such scheduled repayment dates have been discharged, and second, to subsequent scheduled repayments thereof on a ratable basis and (B) in the case of Borrowings of any other Class established under Sections 2.16, 2.17 and 2.18, as shall be specified in the definitive documentation establishing such Class hereunder. (iii) Each repayment of Borrowings of any Class made pursuant to Section 2.05(a) shall be applied to such Borrowing or Borrowings of such Class as shall have been specified by the Borrower pursuant to a notice to the Administrative Agent. Each such repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing.

Scheduled Amortizations. (i) The Borrower hereby promises to repay (A) Tranche B Borrowings on the last day of each March, June, September and December, beginning with December March 31, 2013 2015 and ending with the last such day to occur prior to the Tranche B Maturity Date, in an aggregate principal amount for each such date (as such amount may be adjusted pursuant to Section 2.05(a)(ii)) equal to 0.25% of the aggregate original principal amount of the Tranche B Borrowings made on the Closing Date and (B) Loans of any other Class established under Sections 2.16, 2.17 and 2.18 in such amounts and on such date or dates as shall be specified in the definitive documentation establishing such Class hereunder. (ii) Any prepayment of a Borrowing of any Class made pursuant to Section 2.06(b) shall be applied to the subsequent scheduled repayments of the Borrowings of such Class as directed by the Borrower. Any prepayment of a Borrowing made pursuant to Section 2.06(c) shall be applied (A) in the case of Tranche B Borrowings, first, to reduce the subsequent scheduled repayments thereof on each scheduled repayment date occurring within twelve (12) months after the date of such prepayment, in direct order of maturity, unless and until the repayments due on such scheduled repayment dates have been discharged, and second, to subsequent scheduled repayments thereof on a ratable basis basis, provided that the Borrower may direct application of such prepayment to the subsequent scheduled repayments of Tranche B Borrowings in any other manner that would not result in the remaining weighted average life to maturity of Tranche B Borrowings being less than the remaining weighted average life to maturity of Tranche B Borrowings that would have resulted from the application of such prepayment in accordance with clause (A) above, and (B) in the case of Borrowings of any other Class established under Sections 2.16, 2.17 and 2.18, as shall be specified in the definitive documentation establishing such Class hereunder. (iii) Each repayment of Borrowings of any Class made pursuant to Section 2.05(a) shall be applied to such Borrowing or Borrowings of such Class as shall have been specified by the Borrower pursuant to a notice to the Administrative Agent. Each such repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing.

Scheduled Amortizations. [Reserved.] (i) The Borrower hereby promises to repay (A) Tranche B Borrowings on the last day of each March, June, September and December, beginning with December March 31, 2013 2015 and ending with the last such day to occur prior to the Tranche B Maturity Date, in an aggregate principal amount for each such date (as such amount may be adjusted pursuant to Section 2.05(a)(ii), with the Lenders acknowledging that as of the Sixth Amendment Funding Date each such scheduled repayment (other than, for the avoidance of doubt, the repayment on the Tranche B Maturity Date) has been reduced to zero) equal to 0.25% of the sum of (x) the aggregate original principal amount of the Original Tranche B Borrowings made on Loans and (y) the Closing Date aggregate original principal amount of the Additional Tranche B Loans and (B) Loans of any other Class established under Sections 2.16, 2.17 and 2.18 in such amounts and on such date or dates as shall be specified in the definitive documentation establishing such Class hereunder. (ii) Any prepayment of a Borrowing of any Class made pursuant to Section 2.06(b) shall be applied to the subsequent scheduled repayments of the Borrowings of such Class as directed by the Borrower. Any prepayment of a Borrowing made pursuant to Section 2.06(c) shall be applied (A) in the case of Tranche B Borrowings, first, to reduce the subsequent scheduled repayments thereof on each scheduled repayment date occurring within twelve (12) months after the date of such prepayment, in direct order of maturity, unless and until the repayments due on such scheduled repayment dates have been discharged, and second, to subsequent scheduled repayments thereof on a ratable basis basis, provided that the Borrower may direct application of such prepayment to the subsequent scheduled repayments of Tranche B Borrowings in any other manner that would not result in the remaining weighted average life to maturity of Tranche B Borrowings being less than the remaining weighted average life to maturity of Tranche B Borrowings that would have resulted from the application of such prepayment in accordance with clause (A) above, and (B) in the case of Borrowings of any other Class established under Sections 2.16, 2.17 and 2.18, as shall be specified in the definitive documentation establishing such Class hereunder. (iii) Each repayment of Borrowings of any Class made pursuant to Section 2.05(a) shall be applied to such Borrowing or Borrowings of such Class as shall have been specified by the Borrower pursuant to a notice to the Administrative Agent. Each such repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing.

Scheduled Amortizations. (i) The Borrower hereby promises to repay (A) Tranche B Borrowings on the last day of each March, June, September and December, beginning with December March 31, 2013 2015 and ending with the last such day to occur prior to the Tranche B Maturity Date, in an aggregate principal amount for each such date (as such amount may be adjusted pursuant to Section 2.05(a)(ii)), with the Lenders acknowledging that as of the Sixth Amendment Funding Date each such scheduled repayment (other than, for the avoidance of doubt, the repayment on the Tranche B Maturity Date) has been reduced to zero) equal to 0.25% of the sum of (x) the aggregate original principal amount of the Tranche B Borrowings made on BorrowingsOriginal Tranche B Loans and (y) the Closing Date aggregate original principal amount of the Additional Tranche B Loans and (B) Loans of any other Class established under Sections 2.16, 2.17 and 2.18 in such amounts and on such date or dates as shall be specified in the definitive documentation establishing such Class hereunder. (ii) Any prepayment of a Borrowing of any Class made pursuant to Section 2.06(b) shall be applied to the subsequent scheduled repayments of the Borrowings of such Class as directed by the Borrower. Any prepayment of a Borrowing made pursuant to Section 2.06(c) shall be applied (A) in the case of Tranche B Borrowings, first, to reduce the subsequent scheduled repayments thereof on each scheduled repayment date occurring within twelve (12) months after the date of such prepayment, in direct order of maturity, unless and until the repayments due on such scheduled repayment dates have been discharged, and second, to subsequent scheduled repayments thereof on a ratable basis basis, provided that the Borrower may direct application of such prepayment to the subsequent scheduled repayments of Tranche B Borrowings in any other manner that would not result in the remaining weighted average life to maturity of Tranche B Borrowings being less than the remaining weighted average life to maturity of Tranche B Borrowings that would have resulted from the application of such prepayment in accordance with clause (A) above, and (B) in the case of Borrowings of any other Class established under Sections 2.16, 2.17 and 2.18, as shall be specified in the definitive documentation establishing such Class hereunder. (iii) Each repayment of Borrowings of any Class made pursuant to Section 2.05(a) shall be applied to such Borrowing or Borrowings of such Class as shall have been specified by the Borrower pursuant to a notice to the Administrative Agent. Each such repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing.