Common use of Scheduled Installments Clause in Contracts

Scheduled Installments. (a) The principal amounts of the Initial Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the last day of each Fiscal Quarter (each, an “Installment Date”), commencing June 30, 2007: FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS June 30, 2007 $ 275,000 September 30, 2007 $ 275,000 December 31, 2007 $ 275,000 March 31, 2008 $ 275,000 June 30, 2008 $ 275,000 FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS September 30, 2008 $ 275,000 December 31, 2008 $ 275,000 March 31, 2009 $ 275,000 June 30, 2009 $ 275,000 September 30, 2009 $ 275,000 December 31, 2009 $ 275,000 March 31, 2010 $ 275,000 June 30, 2010 $ 275,000 September 30, 2010 $ 275,000 December 31, 2010 $ 275,000 March 31, 2011 $ 275,000 June 30, 2011 $ 275,000 September 30, 2011 $ 275,000 December 31, 2011 $ 275,000 March 31, 2012 $ 275,000 June 30, 2012 $ 275,000 September 30, 2012 $ 275,000 December 31, 2012 $ 275,000 Term Loan Maturity Date $ 103,675,000

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Prommis Solutions Holding Corp.), Credit and Guaranty Agreement (Prommis Solutions Holding Corp.)

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Scheduled Installments. (a) The principal amounts of the Initial Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”a "TERM LOAN INSTALLMENT") in the aggregate amounts set forth below and on the last day of each Fiscal Quarter dates (each, an “Installment Date”)a "TERM LOAN INSTALLMENT DATE") set forth below, commencing on September 30, 2004. TERM LOAN INSTALLMENT DATETERM LOAN INSTALLMENT September 30, 2004 $913,812.50 December 31, 2004 $913,812.50 March 31, 2005 $913,812.50 June 30, 2007: FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS 2005 $913,812.50 September 30, 2005 $913,812.50 December 31, 2005 $913,812.50 March 31, 2006 $913,812.50 June 30, 2006 $913,812.50 September 30, 2006 $913,812.50 December 31, 2006 $913,812.50 March 31, 2007 $913,812.50 June 30, 2007 $ 275,000 $913,812.50 September 30, 2007 $ 275,000 $913,812.50 December 31, 2007 $ 275,000 $913,812.50 March 31, 2008 $ 275,000 $913,812.50 June 30, 2008 $ 275,000 FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS $913,812.50 September 30, 2008 $ 275,000 $913,812.50 December 31, 2008 $ 275,000 $913,812.50 March 31, 2009 $ 275,000 $913,812.50 June 30, 2009 $ 275,000 $913,812.50 September 30, 2009 $ 275,000 $86,812,187.50 December 31, 2009 $ 275,000 $86,812,187.50 March 31, 2010 $ 275,000 $86,812,187.50 June 30, 2010 $ 275,000 September 30, 2010 $ 275,000 December 31, 2010 $ 275,000 March 31, 2011 $ 275,000 June 30, 2011 $ 275,000 September 30, 2011 $ 275,000 December 31, 2011 $ 275,000 March 31, 2012 $ 275,000 June 30, 2012 $ 275,000 September 30, 2012 $ 275,000 December 31, 2012 $ 275,000 Term Loan Maturity Date $ 103,675,000$86,812,187.50 56

Appears in 1 contract

Samples: Credit and Guaranty Agreement (BPC Holding Corp)

Scheduled Installments. (a) The principal amounts of the Initial Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”a "TERM LOAN INSTALLMENT") in the aggregate amounts set forth below and on the last day of each Fiscal Quarter dates (each, an “Installment Date”)a "TERM LOAN INSTALLMENT DATE") set forth below, commencing on September 30, 2005. TERM LOAN INSTALLMENT DATETERM LOAN INSTALLMENT September 30, 2005 $1,987,500 December 31, 2005 $1,987,500 March 31, 2006 $1,987,500 June 30, 2007: FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS 2006 $1,987,500 September 30, 2006 $1,987,500 December 31, 2006 $1,987,500 March 31, 2007 $1,987,500 June 30, 2007 $ 275,000 $1,987,500 September 30, 2007 $ 275,000 $1,987,500 December 31, 2007 $ 275,000 $1,987,500 March 31, 2008 $ 275,000 $1,987,500 June 30, 2008 $ 275,000 FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS $1,987,500 September 30, 2008 $ 275,000 $1,987,500 December 31, 2008 $ 275,000 $1,987,500 March 31, 2009 $ 275,000 $1,987,500 June 30, 2009 $ 275,000 $1,987,500 September 30, 2009 $ 275,000 $1,987,500 -62- December 31, 2009 $ 275,000 $1,987,500 March 31, 2010 $ 275,000 $1,987,500 June 30, 2010 $ 275,000 $1,987,500 September 30, 2010 $ 275,000 $1,987,500 December 31, 2010 $ 275,000 $188,315,625 March 31, 2011 $ 275,000 $188,315,625 June 30, 2011 $ 275,000 $188,315,625 September 30, 2011 $ 275,000 December 31, 2011 $ 275,000 March 31, 2012 $ 275,000 June 30, 2012 $ 275,000 September 30, 2012 $ 275,000 December 31, 2012 $ 275,000 Term Loan Maturity Date $ 103,675,000$188,315,625

Appears in 1 contract

Samples: Credit and Guaranty Agreement (BPC Holding Corp)

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Scheduled Installments. (a) The principal amounts of the Initial Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”a "TERM LOAN INSTALLMENT") in the aggregate amounts set forth below and on the last day of each Fiscal Quarter dates (each, an “Installment Date”)a "TERM LOAN INSTALLMENT DATE") set forth below, commencing on December 31, 2003. TERM LOAN TERM LOAN INSTALLMENT DATE INSTALLMENT --------------------------------------------- December 31, 2003 $ 825,000 March 31, 2004 $ 825,000 June 30, 2007: FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS 2004 $ 825,000 September 30, 2004 $ 825,000 December 31, 2004 $ 825,000 March 31, 2005 $ 825,000 June 30, 2005 $ 825,000 September 30, 2005 $ 825,000 December 31, 2005 $ 825,000 March 31, 2006 $ 825,000 June 30, 2006 $ 825,000 September 30, 2006 $ 825,000 December 31, 2006 $ 825,000 March 31, 2007 $ 825,000 June 30, 2007 $ 275,000 825,000 September 30, 2007 $ 275,000 825,000 December 31, 2007 $ 275,000 825,000 March 31, 2008 $ 275,000 825,000 June 30, 2008 $ 275,000 FISCAL QUARTER INITIAL TERM LOAN INSTALLMENTS 825,000 September 30, 2008 $ 275,000 825,000 December 31, 2008 $ 275,000 825,000 -57- TERM LOAN TERM LOAN INSTALLMENT DATE INSTALLMENT --------------------------------------------- March 31, 2009 $ 275,000 825,000 June 30, 2009 $ 275,000 825,000 September 30, 2009 $ 275,000 $77,756,250 December 31, 2009 $ 275,000 $77,756,250 March 31, 2010 $ 275,000 $77,756,250 June 30, 2010 $ 275,000 September 30, 2010 $ 275,000 December 31, 2010 $ 275,000 March 31, 2011 $ 275,000 June 30, 2011 $ 275,000 September 30, 2011 $ 275,000 December 31, 2011 $ 275,000 March 31, 2012 $ 275,000 June 30, 2012 $ 275,000 September 30, 2012 $ 275,000 December 31, 2012 $ 275,000 Term Loan Maturity Date $ 103,675,000$77,756,250

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Berry Plastics Corp)

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