Common use of Scheduled Installments Clause in Contracts

Scheduled Installments. 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 dates set forth below, commencing on October 31, 2007: 41 INSTALLMENT PAYMENT DATE INSTALLMENT AMOUNT October 31, 2007 $ 2,200,000 January 31, 2008 $ 2,200,000 April 30, 2008 $ 2,200,000 July 31, 2008 $ 2,200,000 October 31, 2008 $ 2,200,000 January 31, 2009 $ 2,200,000 April 30, 2009 $ 2,200,000 July 31, 2009 $ 2,200,000 October 31, 2009 $ 2,200,000 January 31, 2010 $ 2,200,000 April 30, 2010 $ 2,200,000 July 31, 2010 $ 2,200,000 October 31, 2010 $ 2,200,000 January 31, 2011 $ 2,200,000 April 30, 2011 $ 2,200,000 July 31, 2011 $ 2,200,000 October 31, 2011 $ 2,200,000 January 31, 2012 $ 2,200,000 April 30, 2012 $ 2,200,000 July 31, 2012 $ 2,200,000 October 31, 2012 $ 2,200,000 January 31, 2013 $ 2,200,000 April 30, 2013 $ 2,200,000 July 31, 2013 $ 2,200,000 October 31, 2013 $ 2,200,000 January 31, 2014 $ 2,200,000 April 30, 2014 $ 2,200,000 Term Loan Maturity Date $ 820,600,000 ; provided in the event any New Term Loans are made, such New Term Loans shall be repaid on each scheduled payment date specified above occurring on or after the applicable Increased Amount Date in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Loans being repaid on such scheduled payment date to (z) the total aggregate principal amount of all other Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Loans in accordance with Sections 2.11 and 2.13, as applicable; and (y) the 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: Term Loan Agreement (Source Interlink Companies Inc)

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Scheduled Installments. The principal amounts of the Initial Tranche C Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth belowlast day of each Fiscal Quarter commencing June 30, commencing on October 2005: Tranche C Term Fiscal Quarter Loan Installments June 30, 2005 $ 193,875 September 30, 2005 $ 193,875 December 31, 2007: 41 INSTALLMENT PAYMENT DATE INSTALLMENT AMOUNT October 2005 $ 193,875 March 31, 2006 $ 193,875 June 30, 2006 $ 193,875 September 30, 2006 $ 193,875 December 31, 2006 $ 193,875 March 31, 2007 $ 2,200,000 January 193,875 June 30, 2007 $ 193,875 September 30, 2007 $ 193,875 December 31, 2007 $ 193,875 March 31, 2008 $ 2,200,000 April 193,875 June 30, 2008 $ 2,200,000 July 193,875 September 30, 2008 $ 18,757,406 December 31, 2008 $ 2,200,000 October 31, 2008 $ 2,200,000 January 18,757,406 March 31, 2009 $ 2,200,000 April 3018,757,406 June 15, 2009 $ 2,200,000 July 3118,757,407 ; provided, 2009 $ 2,200,000 October 31, 2009 $ 2,200,000 January 31, 2010 $ 2,200,000 April 30, 2010 $ 2,200,000 July 31, 2010 $ 2,200,000 October 31, 2010 $ 2,200,000 January 31, 2011 $ 2,200,000 April 30, 2011 $ 2,200,000 July 31, 2011 $ 2,200,000 October 31, 2011 $ 2,200,000 January 31, 2012 $ 2,200,000 April 30, 2012 $ 2,200,000 July 31, 2012 $ 2,200,000 October 31, 2012 $ 2,200,000 January 31, 2013 $ 2,200,000 April 30, 2013 $ 2,200,000 July 31, 2013 $ 2,200,000 October 31, 2013 $ 2,200,000 January 31, 2014 $ 2,200,000 April 30, 2014 $ 2,200,000 Term Loan Maturity Date $ 820,600,000 ; provided in the event any New Term Loans are made, such New Term Loans shall be repaid on each scheduled payment date specified above Installment Date occurring on or after the applicable Increased Amount Date in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans being repaid on such scheduled payment date to Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. A&R FIRST LIEN CREDIT AND GUARANTY AGREEMENT Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Loans Tranche C Term Loans, as the case may be, in accordance with Sections 2.11 2.13, 2.14 and 2.132.15, as applicable; and (y) the Tranche C Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche C Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Scheduled Installments. The principal amounts of the Initial Tranche C Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth below, last day of each Fiscal Quarter commencing on October December 31, 20072005: 41 INSTALLMENT PAYMENT DATE INSTALLMENT AMOUNT October 45 Term Loan Fiscal Quarter Installments December 31, 2005 $ 182,765.00 March 31, 2006 $ 182,765.00 June 30, 2006 $ 182,765.00 September 30, 2006 $ 182,765.00 December 31, 2006 $ 182,765.00 March 31, 2007 $ 2,200,000 January 182,765.00 June 30, 2007 $ 182,765.00 September 30, 2007 $ 182,765.00 December 31, 2007 $ 182,765.00 March 31, 2008 $ 2,200,000 April 182,765.00 June 30, 2008 $ 2,200,000 July 182,765.00 September 30, 2008 $ 17,773,927.50 December 31, 2008 $ 2,200,000 October 31, 2008 $ 2,200,000 January 17,773,927.50 March 31, 2009 $ 2,200,000 April 3017,773,927.50 June 18, 2009 $ 2,200,000 July 3117,773,927.50 ; provided, 2009 $ 2,200,000 October 31, 2009 $ 2,200,000 January 31, 2010 $ 2,200,000 April 30, 2010 $ 2,200,000 July 31, 2010 $ 2,200,000 October 31, 2010 $ 2,200,000 January 31, 2011 $ 2,200,000 April 30, 2011 $ 2,200,000 July 31, 2011 $ 2,200,000 October 31, 2011 $ 2,200,000 January 31, 2012 $ 2,200,000 April 30, 2012 $ 2,200,000 July 31, 2012 $ 2,200,000 October 31, 2012 $ 2,200,000 January 31, 2013 $ 2,200,000 April 30, 2013 $ 2,200,000 July 31, 2013 $ 2,200,000 October 31, 2013 $ 2,200,000 January 31, 2014 $ 2,200,000 April 30, 2014 $ 2,200,000 Term Loan Maturity Date $ 820,600,000 ; provided in the event any New Term Loans are mademade after the Effective Date, such New Term Loans shall be repaid on each scheduled payment date specified above Installment Date occurring on or after the applicable Increased Amount Date in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans being repaid on such scheduled payment date to Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Loans Term Loans, as the case may be, in accordance with Sections 2.11 2.13, 2.14 and 2.132.15, 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 Tranche C Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Scheduled Installments. The principal amounts of the Initial Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth belowBusiness Day immediately following the last day of each Fiscal Quarter (each, an “Installment Date”), commencing on October December 31, 20072004: 41 INSTALLMENT PAYMENT DATE INSTALLMENT AMOUNT October Fiscal Quarter Tranche B Term Loan Installments December 31, 2004 $ 275,000 March 30, 2005 $ 275,000 June 30, 2005 $ 275,000 September 30, 2005 $ 275,000 December 31, 2005 $ 275,000 March 30, 2006 $ 275,000 June 30, 2006 $ 275,000 September 30, 2006 $ 275,000 December 31, 2006 $ 275,000 March 30, 2007 $ 275,000 June 30, 2007 $ 275,000 September 30, 2007 $ 275,000 December 31, 2007 $ 2,200,000 January 275,000 March 30, 2008 $ 275,000 June 30, 2008 $ 275,000 September 30, 2008 $ 275,000 December 31, 2008 $ 2,200,000 April 275,000 March 30, 2008 2009 $ 2,200,000 July 31275,000 June 30, 2008 2009 $ 2,200,000 October 31275,000 September 30, 2008 2009 $ 2,200,000 January 275,000 December 31, 2009 $ 2,200,000 April 275,000 March 30, 2009 2010 $ 2,200,000 July 31275,000 June 30, 2009 2010 $ 2,200,000 October 31275,000 September 30, 2009 2010 $ 2,200,000 January 275,000 December 31, 2010 $ 2,200,000 April 30, 2010 $ 2,200,000 July 31, 2010 $ 2,200,000 October 31, 2010 $ 2,200,000 January 31, 2011 $ 2,200,000 April 275,000 March 30, 2011 $ 2,200,000 July 31275,000 June 30, 2011 $ 2,200,000 October 31, 2011 $ 2,200,000 January 31, 2012 $ 2,200,000 April 30, 2012 $ 2,200,000 July 31, 2012 $ 2,200,000 October 31, 2012 $ 2,200,000 January 31, 2013 $ 2,200,000 April 30, 2013 $ 2,200,000 July 31, 2013 $ 2,200,000 October 31, 2013 $ 2,200,000 January 31, 2014 $ 2,200,000 April 30, 2014 $ 2,200,000 275,000 Tranche B Term Loan Maturity Date $ 820,600,000 102,575,000 ; provided provided, in the event any New Term Loans are made, such New Term Loans shall be repaid on each scheduled payment date specified above Installment Date occurring on or after the applicable Increased Amount Date in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable series Series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term CREDIT AND GUARANTY AGREEMENT EXECUTION Loans being repaid on such scheduled payment date to Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Loans Tranche B Term Loans, in accordance with Sections 2.11 2.13, 2.14 and 2.132.15, as applicable; and (y) the Tranche B Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bell Powersports, Inc.)

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Scheduled Installments. The principal amounts of the Initial Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth belowBusiness Day immediately following the last day of each Fiscal Quarter (each, an “Installment Date”), commencing on October June 30, 2006: Fiscal Quarter Tranche B Term Loan Installments June 30, 2006 $837,500 September 30, 2006 $837,500 December 31, 2007: 41 INSTALLMENT PAYMENT DATE INSTALLMENT AMOUNT October 2006 $837,500 March 31, 2007 $ 2,200,000 January $837,500 June 30, 2007 $837,500 September 30, 2007 $837,500 December 31, 2007 $837,500 March 31, 2008 $ 2,200,000 April $837,500 June 30, 2008 $ 2,200,000 July $837,500 September 30, 2008 $837,500 December 31, 2008 $ 2,200,000 October 31, 2008 $ 2,200,000 January $837,500 March 31, 2009 $ 2,200,000 April $837,500 June 30, 2009 $ 2,200,000 July $837,500 September 30, 2009 $837,500 December 31, 2009 $ 2,200,000 October 31, 2009 $ 2,200,000 January $837,500 March 31, 2010 $ 2,200,000 April $837,500 June 30, 2010 $ 2,200,000 July $837,500 September 30, 2010 $837,500 December 31, 2010 $ 2,200,000 October 31, 2010 $ 2,200,000 January $837,500 March 31, 2011 $ 2,200,000 April $837,500 June 30, 2011 $ 2,200,000 July $837,500 September 30, 2011 $837,500 December 31, 2011 $ 2,200,000 October 31, 2011 $ 2,200,000 January 31, 2012 $ 2,200,000 April 30, 2012 $ 2,200,000 July 31, 2012 $ 2,200,000 October 31, 2012 $ 2,200,000 January 31, 2013 $ 2,200,000 April 30, 2013 $ 2,200,000 July 31, 2013 $ 2,200,000 October 31, 2013 $ 2,200,000 January 31, 2014 $ 2,200,000 April 30, 2014 $ 2,200,000 $837,500 Tranche B Term Loan Maturity Date $ 820,600,000 $315,737,500 or the then outstanding principal amount ; provided provided, in the event any New Term Loans that are term loans are made, such New Term Loans shall be repaid on each scheduled payment date specified above Installment Date occurring on or after the applicable Increased Amount Date in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable series Series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans being repaid on such scheduled payment date to Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Loans Tranche B Term Loans, in accordance with Sections 2.11 2.14, 2.15 and 2.132.16, as applicable; and (y) the Tranche B Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Easton-Bell Sports, Inc.)

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