Scheduled Instalments Sample Clauses

Scheduled Instalments. Subject to Section 12.2, the Borrowers shall repay all Advances outstanding under the Term Facility in consecutive semi-annual instalments on each day falling 12, 18, 24, 30, 36, 42, 48, 54 and 60 months after the Term Drawdown Date in the following Outstanding Amounts (and the Total Term Commitment shall permanently reduce on each such date by each such amount): Outstanding Amount Instalment of Repayment Instalment ---------- ----------------------- 1 Cdn.$30,000,000 2 Cdn.$17,500,000 3 Cdn.$17,500,000 4 Cdn.$17,500,000 5 Cdn.$17,500,000 6 Cdn.$17,500,000 7 Cdn.$17,500,000 8 Cdn.$32,500,000 9 Cdn.$32,500,000
Sample 1
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Scheduled Instalments. Subject to Section 12.2, the Relevant Borrowers with Advances under the Term Facility shall repay all Advances outstanding under the Term Facility in consecutive semi-annual instalments on each day falling 12, 18, 24, 30 and 36 months after the Term Drawdown Date in the following Outstanding Amounts (and the Total Term Commitment shall permanently reduce on each such date by each such amount): OUTSTANDING AMOUNT INSTALMENT OF REPAYMENT INSTALMENT ---------- ----------------------- 1 Cdn.$30,000,000 2 Cdn.$17,500,000 3 Cdn.$17,500,000 4 Cdn.$17,500,000 5 Cdn.$17,500,000 6 Cdn.$17,500,000 7 Cdn.$17,500,000 The Relevant Borrowers with Advances under the Term Facility shall repay the balance of all Advances outstanding under the Term Facility on the Final Term Facility Due Date (and the Total Term Commitment shall permanently reduce to nil on the Final Term Facility Due Date).
Sample 1

Related to Scheduled Instalments

  • Amount of repayment instalments The Borrower shall repay the Loan by:

  • Duration of Interest Periods for repayment instalments In respect of an amount due to be repaid under Clause 8 on a particular Repayment Date, an Interest Period shall end on that Repayment Date.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • Scheduled Payment The scheduled monthly payment on a Mortgage Loan due on any Due Date allocable to principal and/or interest on such Mortgage Loan which, unless otherwise specified in the related Purchase and Servicing Agreement, Purchase Agreement or Servicing Agreement, as applicable, shall give effect to any related Debt Service Reduction and any Deficient Valuation that affects the amount of the monthly payment due on such Mortgage Loan.

  • Scheduled Principal Payments The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.

  • Scheduled Payments As of the Cutoff Date, each Receivable had a first scheduled due date on or prior to the end of the third month immediately following the Cutoff Date.

  • Scheduled Interest The Borrower shall pay interest on the unpaid principal amount of each Advance owing to each Lender from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Term Advances The Borrower shall pay to the Administrative Agent for the ratable benefit of each Term Lender the aggregate outstanding principal amount of the Term Advances in quarterly installments each equal to $412,500 (which is equal to five percent (5%) of $8,250,000). Such quarterly installments shall be due and payable on each March 31st, June 30th, September 30th, and December 31st, commencing with December 31, 2012, and a final installment of the remaining, unpaid principal balance of the Term Advances payable on the Term Maturity Date.

  • Payment Dates Interest accrued on each Loan shall be payable, without duplication:

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