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 last day of each Fiscal Quarter (each, an "Installment Date"), commencing March 31, 2002: ================================================================== Fiscal Quarter Term Loan Installments ------------------------------------------------------------------ March 31, 2002 $1,312,500 ------------------------------------------------------------------ June 30, 2002 $1,312,500 ------------------------------------------------------------------ September 30, 2002 $1,312,500 ------------------------------------------------------------------ ------------------------------------------------------------------ December 31, 2002 $ 1,312,500 ------------------------------------------------------------------ March 31, 2003 $ 2,625,000 ------------------------------------------------------------------ June 30, 2003 $ 2,625,000 ------------------------------------------------------------------ September 30, 2003 $ 2,625,000 ------------------------------------------------------------------ December 31, 2003 $ 2,625,000 ------------------------------------------------------------------ March 31, 2004 $ 2,625,000 ------------------------------------------------------------------ June 30, 2004 $ 2,625,000 ------------------------------------------------------------------ September 30, 2004 $ 2,625,000 ------------------------------------------------------------------ December 31, 2004 $ 2,625,000 ------------------------------------------------------------------ March 31, 2005 $ 2,625,000 ------------------------------------------------------------------ June 30, 2005 $ 2,625,000 ------------------------------------------------------------------ September 30, 2005 $ 2,625,000 ------------------------------------------------------------------ December 31, 2005 $ 2,625,000 ------------------------------------------------------------------ March 31, 2006 $17,062,500 ------------------------------------------------------------------ June 30, 2006 $17,062,500 ------------------------------------------------------------------ September 30, 2006 $17,062,500 ------------------------------------------------------------------ December 31, 2006 $17,062,500 ================================================================== 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 2.11, 2.12 and 2.13, 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 (Ipc Acquisition Corp)

AutoNDA by SimpleDocs

Scheduled Installments. The principal amounts of the Tranche B Term Loans shall ---------------------- be repaid in consecutive quarterly installments (each, an "InstallmentINSTALLMENT") in the aggregate amounts set forth below on the last day of each Fiscal Quarter (each, an "Installment DateINSTALLMENT DATE"), commencing March 31, 20022003: ================================================================== Fiscal Quarter Term Loan Installments ------------------------------------------------------------------ March 31, 2002 $1,312,500 ------------------------------------------------------------------ June 30, 2002 $1,312,500 ------------------------------------------------------------------ September 30, 2002 $1,312,500 ------------------------------------------------------------------ ------------------------------------------------------------------ December 31, 2002 $ 1,312,500 ------------------------------------------------------------------ -------------------------------------- INSTALLMENT DATE INSTALLMENT -------------------------------------- March 31, 2003 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- June 30, 2003 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- September 30, 2003 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- December 31, 2003 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- March 31, 2004 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- June 30, 2004 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- September 30, 2004 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- December 31, 2004 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- March 31, 2005 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- June 30, 2005 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- September 30, 2005 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- December 31, 2005 $ 2,625,000 ------------------------------------------------------------------ 687,500 -------------------------------------- March 31, 2006 $17,062,500 ------------------------------------------------------------------ $ 13,750,000 -------------------------------------- June 30, 2006 $17,062,500 ------------------------------------------------------------------ $ 13,750,000 -------------------------------------- September 30, 2006 $17,062,500 ------------------------------------------------------------------ $ 13,750,000 -------------------------------------- December 31, 2006 $17,062,500 ================================================================== $ 13,750,000 -------------------------------------- March 31, 2007 $ 52,937,500 -------------------------------------- June 30, 2007 $ 52,937,500 -------------------------------------- September 30, 2007 $ 52,937,500 -------------------------------------- Tranche B Term Loan Maturity Date $ 52,937,500 -------------------------------------- ; provided, in the event any New Term Loans are made, such New Term Loans shall be repaid on each 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, times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Loans being repaid on such Installment Date and (z) the total aggregate principal amount of all other Loans outstanding on such Installment Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans, Loans in accordance with Sections 2.112.10, 2.12 2.11 and 2.132.12, 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 DateDate applicable to such Loans.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sanmina-Sci Corp)

Scheduled Installments. The principal amounts of the Initial Term Loans shall ---------------------- be repaid in consecutive quarterly installments (each, an "Installment") in an amount equal to the aggregate amounts principal amount of Initial Term Loans made on the Closing Date multiplied by the percentage set forth below opposite the fiscal quarter on the last day of each Fiscal Quarter such fiscal quarter (each, an "Installment Date"), commencing March 31, 2002: ================================================================== ): Fiscal Quarter Term Loan Installments ------------------------------------------------------------------ March 31, 2002 $1,312,500 ------------------------------------------------------------------ June 30, 2002 $1,312,500 ------------------------------------------------------------------ September 30, 2002 $1,312,500 ------------------------------------------------------------------ ------------------------------------------------------------------ December 31, 2002 $ 1,312,500 ------------------------------------------------------------------ March 31Percentage ------------------------------------------------------ July 15, 2003 $ 2,625,000 ------------------------------------------------------------------ June 300.25% ------------------------------------------------------ October 15, 2003 $ 2,625,000 ------------------------------------------------------------------ September 30, 2003 $ 2,625,000 ------------------------------------------------------------------ December 31, 2003 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ------------------------------------------------------ January 15, 2004 $ 2,625,000 ------------------------------------------------------------------ June 300.25% ------------------------------------------------------ April 15, 2004 $ 2,625,000 ------------------------------------------------------------------ September 300.25% ------------------------------------------------------ July 15, 2004 $ 2,625,000 ------------------------------------------------------------------ December 310.25% ------------------------------------------------------ October 15, 2004 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ------------------------------------------------------ January 15, 2005 $ 2,625,000 ------------------------------------------------------------------ June 300.25% ------------------------------------------------------ April 15, 2005 $ 2,625,000 ------------------------------------------------------------------ September 300.25% ------------------------------------------------------ July 15, 2005 $ 2,625,000 ------------------------------------------------------------------ December 310.25% ------------------------------------------------------ October 15, 2005 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ------------------------------------------------------ January 15, 2006 $17,062,500 ------------------------------------------------------------------ June 300.25% ------------------------------------------------------ April 15, 2006 $17,062,500 ------------------------------------------------------------------ September 300.25% ------------------------------------------------------ July 15, 2006 $17,062,500 ------------------------------------------------------------------ December 310.25% ------------------------------------------------------ October 15, 2006 $17,062,500 ================================================================== 0.25% ------------------------------------------------------ January 15, 2007 0.25% ------------------------------------------------------ April 15, 2007 0.25% ------------------------------------------------------ July 15, 2007 24% ------------------------------------------------------ October 15, 2007 24% ------------------------------------------------------ January 15, 2008 24% ------------------------------------------------------ April 15, 2008 24% If any Additional Term Loans are made, such Additional Term Loans shall be repaid on each Installment Date occurring on or after the applicable date on which such Additional Term Loans are funded in an amount equal to (i) the aggregate principal amount of Additional Term Loans, multiplied by (ii) the ratio (expressed as a percentage) of (y) the amount of all other Initial Term Loans being repaid on such Installment Date and (z) the total aggregate principal amount of all other Initial Term Loans outstanding on such funding date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Initial Term Loans, in accordance with Sections 2.112.10, 2.12 5.10 and 2.135.15, 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 (Tesoro Petroleum Co 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 last day of each Fiscal Quarter four quarterly scheduled Interest Payment Dates applicable to Term Loans (each, an "Installment Date"), commencing March 31June 30, 20022005: ================================================================== 42 ------------------------------------------------ Fiscal Quarter Term Loan Installments ------------------------------------------------------------------ March 31, 2002 $1,312,500 ------------------------------------------------------------------ June 30, 2002 $1,312,500 ------------------------------------------------------------------ September 30, 2002 $1,312,500 ------------------------------------------------------------------ ------------------------------------------------------------------ December 31, 2002 $ 1,312,500 ------------------------------------------------------------------ March 31, 2003 $ 2,625,000 ------------------------------------------------------------------ June 30, 2003 $ 2,625,000 ------------------------------------------------------------------ September 30, 2003 $ 2,625,000 ------------------------------------------------------------------ December 31, 2003 $ 2,625,000 ------------------------------------------------------------------ March 31, 2004 $ 2,625,000 ------------------------------------------------------------------ June 30, 2004 $ 2,625,000 ------------------------------------------------------------------ September 30, 2004 $ 2,625,000 ------------------------------------------------------------------ December 31, 2004 $ 2,625,000 ------------------------------------------------------------------ March 31, 2005 $ 2,625,000 ------------------------------------------------------------------ ------------------------------------------------ June 30, 2005 $ 2,625,000 ------------------------------------------------------------------ 587,500 ------------------------------------------------ September 30, 2005 $ 2,625,000 ------------------------------------------------------------------ 587,500 ------------------------------------------------ December 31, 2005 $ 2,625,000 ------------------------------------------------------------------ 587,500 ------------------------------------------------ March 31, 2006 $17,062,500 ------------------------------------------------------------------ $ 587,500 ------------------------------------------------ June 30, 2006 $17,062,500 ------------------------------------------------------------------ $ 587,500 ------------------------------------------------ September 30, 2006 $17,062,500 ------------------------------------------------------------------ $ 587,500 ------------------------------------------------ December 31, 2006 $ 587,500 ------------------------------------------------ March 31, 2007 $ 587,500 ------------------------------------------------ June 30, 2007 $ 587,500 ------------------------------------------------ September 30, 2007 $ 587,500 ------------------------------------------------ December 31, 2007 $ 587,500 ------------------------------------------------ March 31, 2008 $ 587,500 ------------------------------------------------ June 30, 2008 $ 587,500 ------------------------------------------------ September 30, 2008 $ 587,500 ------------------------------------------------ December 31, 2008 $ 587,500 ------------------------------------------------ March 31, 2009 $ 587,500 ------------------------------------------------ June 30, 2009 $ 587,500 ------------------------------------------------ September 30, 2009 $ 587,500 ------------------------------------------------ December 31, 2009 $ 587,500 ------------------------------------------------ March 31, 2010 $ 587,500 ------------------------------------------------ June 30, 2010 $17,062,500 ================================================================== 55,812,500 ------------------------------------------------ September 30, 2010 $55,812,500 ------------------------------------------------ December 31, 2010 $55,812,500 ------------------------------------------------ Term Loan Maturity Date $55,812,500 ------------------------------------------------ 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 2.112.13, 2.12 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 Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Gentek Inc)

AutoNDA by SimpleDocs

Scheduled Installments. The principal amounts of the Initial Term Loans shall ---------------------- be repaid in consecutive quarterly installments (each, an "Installment") in an amount equal to the aggregate amounts principal amount of Initial Term Loans made on the Closing Date multiplied by the percentage set forth below opposite the fiscal quarter on the last day of each Fiscal Quarter such fiscal quarter (each, an "Installment Date"), commencing March 31, 2002: ================================================================== ): ---------------------------------------------------------- Fiscal Quarter Term Loan Installments ------------------------------------------------------------------ March 31, 2002 $1,312,500 ------------------------------------------------------------------ June 30, 2002 $1,312,500 ------------------------------------------------------------------ September 30, 2002 $1,312,500 ------------------------------------------------------------------ ------------------------------------------------------------------ December 31, 2002 $ 1,312,500 ------------------------------------------------------------------ March 31Percentage ---------------------------------------------------------- October 15, 2003 $ 2,625,000 ------------------------------------------------------------------ June 30, 2003 $ 2,625,000 ------------------------------------------------------------------ September 30, 2003 $ 2,625,000 ------------------------------------------------------------------ December 31, 2003 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ---------------------------------------------------------- January 15, 2004 $ 2,625,000 ------------------------------------------------------------------ June 300.25% ---------------------------------------------------------- April 15, 2004 $ 2,625,000 ------------------------------------------------------------------ September 300.25% ---------------------------------------------------------- July 15, 2004 $ 2,625,000 ------------------------------------------------------------------ December 310.25% ---------------------------------------------------------- October 15, 2004 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ---------------------------------------------------------- January 15, 2005 $ 2,625,000 ------------------------------------------------------------------ June 300.25% ---------------------------------------------------------- April 15, 2005 $ 2,625,000 ------------------------------------------------------------------ September 300.25% ---------------------------------------------------------- July 15, 2005 $ 2,625,000 ------------------------------------------------------------------ December 310.25% ---------------------------------------------------------- October 15, 2005 $ 2,625,000 ------------------------------------------------------------------ March 310.25% ---------------------------------------------------------- January 15, 2006 $17,062,500 ------------------------------------------------------------------ June 300.25% ---------------------------------------------------------- April 15, 2006 $17,062,500 ------------------------------------------------------------------ September 300.25% ---------------------------------------------------------- July 15, 2006 $17,062,500 ------------------------------------------------------------------ December 310.25% ---------------------------------------------------------- October 15, 2006 $17,062,500 ================================================================== 0.25% ---------------------------------------------------------- January 15, 2007 0.25% ---------------------------------------------------------- April 15, 2007 0.25% ---------------------------------------------------------- July 15, 2007 96.25% ---------------------------------------------------------- If any Additional Term Loans are made, such Additional Term Loans shall be repaid on each Installment Date occurring on or after the applicable date on which such Additional Term Loans are funded in an amount equal to (i) the aggregate principal amount of Additional Term Loans, multiplied by (ii) the ratio (expressed as a percentage) of (y) the amount of all other Initial Term Loans being repaid on such Installment Date and (z) the total aggregate principal amount of all other Initial Term Loans outstanding on such funding date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Initial Term Loans, in accordance with Sections 2.112.10, 2.12 5.10 and 2.135.15, 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 Agreement (Calpine Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!