Common use of Scheduled Installments Clause in Contracts

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term Loans, commencing September 30, 2006 (with the remaining balance of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment September 30, 2006 $ 300,000 December 31, 2006 $ 300,000 March 31, 2007 $ 300,000 June 30, 2007 $ 300,000 September 30, 2007 $ 300,000 December 31, 2007 $ 300,000 March 31, 2008 $ 300,000 June 30, 2008 $ 300,000 Date Term Loan Installment September 30, 2008 $ 300,000 December 31, 2008 $ 300,000 March 31, 2009 $ 300,000 June 30, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (X Rite Inc)

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Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term LoansBusiness Day immediately preceding the last day of each Fiscal Quarter set forth in the table below (each, an “Installment Date”), commencing January 2, 2011: Fiscal Quarter Term Loan Installments January 2, 2011 $ 2,600,000.00 April 3, 2011 $ 466,666.67 July 3, 2011 $ 466,666.67 October 2, 2011 $ 466,666.66 January 1, 2012 $ 2,600,000.00 April 1, 2012 $ 466,666.67 July 1, 2012 $ 466,666.67 September 30, 2006 (with the remaining balance 2012 $ 466,666.66 December 30, 2012 $ 3,900,000.00 March 31, 2013 $ 700,000.00 June 30, 2013 $ 700,000.00 September 29, 2013 $ 700,000.00 December 29, 2013 $ 3,900,000.00 March 30, 2014 $ 700,000.00 June 29, 2014 $ 700,000.00 September 28, 2014 $ 700,000.00 December 28, 2014 $ 3,900,000.00 March 29, 2015 $ 700,000.00 June 28, 2015 $ 700,000.00 September 27, 2015 $ 700,000.00 Term Loan Maturity Date The unpaid principal amount of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment September 30, 2006 $ 300,000 December 31, 2006 $ 300,000 March 31, 2007 $ 300,000 June 30, 2007 $ 300,000 September 30, 2007 $ 300,000 December 31, 2007 $ 300,000 March 31, 2008 $ 300,000 June 30, 2008 $ 300,000 Date Term Loan Installment September 30, 2008 $ 300,000 December 31, 2008 $ 300,000 March 31, 2009 $ 300,000 June 30, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 then outstanding Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, Loan in accordance with Sections 2.11, 2.12 and 2.13, 2.14 and 2.15, as applicable; and (y) the Term LoansLoan, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Mortons Restaurant Group Inc)

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term Loans, commencing September 30, 2006 (with the remaining balance of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment September 30, 2006 $ 300,000 December 31, 2006 $ 300,000 March 31, 2007 $ 300,000 June 30, 2007 $ 300,000 September 30, 2007 $ 300,000 December 31, 2007 $ 300,000 March 31, 2008 $ 300,000 June 30, 2008 $ 300,000 Date Term Loan Installment September 30, 2008 $ 300,000 December 31, 2008 $ 300,000 March 31, 2009 $ 300,000 June 30, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Security Agreement (X Rite Inc)

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term Loans, commencing September 30December 31, 2006 2007 (with the remaining balance of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment September 30, 2006 $ 300,000 December 31, 2006 $ 300,000 March 31, 2007 $ 300,000 June 30, 2007 $ 300,000 September 30, 2007 $ 300,000 December 31, 2007 $ 300,000 675,000 March 31, 2008 $ 300,000 675,000 June 30, 2008 $ 300,000 Date Term Loan Installment 675,000 September 30, 2008 $ 300,000 675,000 December 31, 2008 $ 300,000 675,000 March 31, 2009 $ 300,000 675,000 June 30, 2009 $ 300,000 675,000 September 30, 2009 $ 300,000 675,000 December 31, 2009 $ 300,000 675,000 March 31, 2010 $ 300,000 675,000 June 30, 2010 $ 300,000 675,000 September 30, 2010 $ 300,000 675,000 December 31, 2010 $ 300,000 675,000 March 31, 2011 $ 300,000 675,000 June 30, 2011 $ 300,000 675,000 September 30, 2011 $ 300,000 675,000 December 31, 2011 $ 300,000 675,000 March 31, 2012 $ 300,000 675,000 June 30, 2012 $ 675,000 September 30, 2012 $ 675,000 October 24, 2012 $ 256,500,000 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (X Rite Inc)

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”"INSTALLMENT") in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term Loanslast day of each Fiscal Quarter commencing March 31, commencing 2004: TERM LOAN FISCAL QUARTER INSTALLMENTS -------------- ------------ March 31, 2004 $ 250,000 FIRST LIEN CREDIT AND GUARANTY AGREEMENT 824323-New York Server 7A EXECUTION TERM LOAN FISCAL QUARTER INSTALLMENTS -------------- ------------ June 30, 2004 $ 250,000 September 30, 2004 $ 250,000 December 31, 2004 $ 250,000 March 31, 2005 $ 250,000 June 30, 2005 $ 250,000 September 30, 2005 $ 250,000 December 31, 2005 $ 250,000 March 31, 2006 (with the remaining balance of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment $ 250,000 June 30, 2006 $ 250,000 September 30, 2006 $ 300,000 250,000 December 31, 2006 $ 300,000 250,000 March 31, 2007 $ 300,000 250,000 June 30, 2007 $ 300,000 250,000 September 30, 2007 $ 300,000 250,000 December 31, 2007 $ 300,000 250,000 March 31, 2008 $ 300,000 250,000 June 30, 2008 $ 300,000 Date Term Loan Installment 250,000 September 30, 2008 $ 300,000 $23,875,000 December 31, 2008 $ 300,000 $23,875,000 March 31, 2009 $ 300,000 $23,875,000 June 3015, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 $23,875,000 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

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Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Term LoansLoans (each, an “Installment Date”), commencing September 30on January 1, 2006: Date Term Loan Installments January 1, 2006 (with the remaining balance of the Term Loans due and payable in full in cash on the $ 1,250,000 April 1, 2006 $ 1,250,000 July 1, 2006 $ 1,250,000 October 1, 2006 $ 1,250,000 January 1, 2007 $ 1,250,000 April 1, 2007 $ 1,250,000 July 1, 2007 $ 1,250,000 October 1, 2007 $ 1,250,000 January 1, 2008 $ 1,250,000 April 1, 2008 $ 1,250,000 July 1, 2008 $ 1,250,000 October 1, 2008 $ 1,250,000 January 1, 2009 $ 1,250,000 April 1, 2009 $ 1,250,000 July 1, 2009 $ 1,250,000 October 1, 2009 $ 1,250,000 January 1, 2010 $ 1,250,000 April 1, 2010 $ 1,250,000 July 1, 2010 $ 1,250,000 October 1, 2010 $ 1,250,000 January 1, 2011 $ 1,250,000 April 1, 2011 $ 1,250,000 July 1, 2011 $ 1,250,000 October 1, 2011 $ 1,250,000 January 1, 2012 $ 1,250,000 April 1, 2012 $ 1,250,000 July 1, 2012 $ 1,250,000 October 1, 2012 $ 1,250,000 January 1, 2013 $ 1,250,000 Term Loan Maturity Date): Date Term Loan Installment September 30, 2006 $ 300,000 December 31, 2006 $ 300,000 March 31, 2007 $ 300,000 June 30, 2007 $ 300,000 September 30, 2007 $ 300,000 December 31, 2007 $ 300,000 March 31, 2008 $ 300,000 June 30, 2008 $ 300,000 Date Term Loan Installment September 30, 2008 $ 300,000 December 31, 2008 $ 300,000 March 31, 2009 $ 300,000 June 30, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 463,750,000 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, as the case may be, in accordance with Sections 2.132.12, 2.14 2.13 and 2.152.14, as applicable; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Entravision Communications Corp)

Scheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below for the applicable Fiscal Quarters, with each such installment to be made on the four quarterly scheduled Interest Payment Dates applicable to Term Loanslast day of each such Fiscal Quarter (each, commencing an “Installment Date”). Installment Date Aggregate Amount of Installment December 31, 2014 $625,000 March 31, 2015 $625,000 April 23, 2015 $1,250,000 December 31, 2015 $750,000 March 31, 2016 $750,000 June 30, 2016 $750,000 September 30, 2006 (with the remaining balance of the Term Loans due and payable in full in cash on the Term Loan Maturity Date): Date Term Loan Installment 2016 $750,000 December 31, 2016 $875,000 March 31, 2017 $875,000 June 30, 2017 $875,000 September 30, 2006 $ 300,000 2017 $875,000 December 31, 2006 $ 300,000 2017 $1,250,000 March 31, 2007 $ 300,000 2018 $1,250,000 June 30, 2007 $ 300,000 2018 $1,250,000 September 30, 2007 $ 300,000 2018 $1,250,000 December 31, 2007 $ 300,000 2018 $1,250,000 March 31, 2008 $ 300,000 2019 $1,250,000 June 30, 2008 $ 300,000 Date Term Loan Installment 2019 $1,250,000 September 30, 2008 $ 300,000 December 31, 2008 $ 300,000 March 31, 2009 $ 300,000 June 30, 2009 $ 300,000 September 30, 2009 $ 300,000 December 31, 2009 $ 300,000 March 31, 2010 $ 300,000 June 30, 2010 $ 300,000 September 30, 2010 $ 300,000 December 31, 2010 $ 300,000 March 31, 2011 $ 300,000 June 30, 2011 $ 300,000 September 30, 2011 $ 300,000 December 31, 2011 $ 300,000 March 31, 2012 $ 300,000 Notwithstanding 2019 $1,250,000 The full amount of each such payment shall be applied ratably to the foregoing, (x) such Term Loans. Such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term LoansLoans only to the extent provided in Section 2.14. For the avoidance of doubt, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the all Term Loans, together with all other amounts owed hereunder with respect theretoObligations, shall, in any event, be paid in full no later than the Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Speed Commerce, Inc.)

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