Common use of Scheduled Payments/Commitment Reductions Clause in Contracts

Scheduled Payments/Commitment Reductions. 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 dates set forth below (each, an “Installment Date”), commencing December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December 31, 2013 $ 812,500 $ 2,212,500 March 31, 2014 $ 812,500 $ 2,212,500 June 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 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-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc)

AutoNDA by SimpleDocs

Scheduled Payments/Commitment Reductions. The principal amounts of the 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 below (each, an “Installment Date”)) commencing June 30, commencing December 31, 20132010: Amortization Date Tranche B-1 B Term Loan Installments Tranche B-2 Term Loan Installments June 30, 2010 $ 712,500 September 30, 2010 $ 712,500 December 31, 2010 $ 712,500 March 31, 2011 $ 712,500 June 30, 2011 $ 712,500 September 30, 2011 $ 712,500 December 31, 2011 $ 712,500 March 31, 2012 $ 712,500 June 30, 2012 $ 712,500 September 30, 2012 $ 712,500 December 31, 2012 $ 712,500 March 31, 2013 $ 712,500 June 30, 2013 $ 712,500 September 30, 2013 $ 712,500 December 31, 2013 $ 812,500 $ 2,212,500 712,500 March 31, 2014 $ 812,500 $ 2,212,500 712,500 June 30, 2014 $ 812,500 $ 2,212,500 712,500 September 30, 2014 $ 812,500 $ 2,212,500 712,500 December 31, 2014 $ 812,500 $ 2,212,500 712,500 March 31, 2015 $ 812,500 $ 2,212,500 712,500 June 30, 2015 $ 812,500 $ 2,212,500 712,500 September 30, 2015 $ 812,500 $ 2,212,500 712,500 December 31, 2015 $ 812,500 $ 2,212,500 712,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30712,500 April 6, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 267,900,000 52 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the applicable Joinder Agreement (including, if such aggregate principal amount of Incremental Term Loans are documented as an increase in an existing Class of the applicable Series of Incremental Term Loans), times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans being repaid on such 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 Tranche B-1 B Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 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-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental B Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.)

Scheduled Payments/Commitment Reductions. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments and at final maturity (eacheach such payment, an “Installment”) in the aggregate amounts set forth below on the dates set forth below (each, an “Installment four quarterly scheduled Interest Payment Dates applicable to Term Loans and on the applicable Term Loan Maturity Date”), commencing December 31June 30, 20132008: Amortization Date Tranche B-1 A Term Loan Installments Tranche B-2 B Term Loan Installments June 30, 2008 $ 1,562,500 $ 1,187,500 September 30, 2008 $ 1,562,500 $ 1,187,500 December 31, 2013 2008 $ 812,500 1,562,500 $ 2,212,500 1,187,500 March 31, 2014 2009 $ 812,500 1,562,500 $ 2,212,500 1,187,500 June 30, 2014 2009 $ 812,500 3,125,000 $ 2,212,500 1,187,500 September 30, 2014 2009 $ 812,500 3,125,000 $ 2,212,500 1,187,500 December 31, 2014 2009 $ 812,500 3,125,000 $ 2,212,500 1,187,500 March 31, 2015 2010 $ 812,500 3,125,000 $ 2,212,500 1,187,500 June 30, 2015 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 September 30, 2015 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 December 31, 2015 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 March 31, 2016 2011 $ 812,500 6,250,000 $ 2,212,500 1,187,500 June 30, 2016 2011 $ 812,500 12,500,000 $ 2,212,500 1,187,500 September 30, 2016 2011 $ 812,500 12,500,000 $ 2,212,500 1,187,500 December 31, 2016 2011 $ 812,500 12,500,000 $ 2,212,500 Term Loan B-1 Stated 1,187,500 March 31, 2012 $ 12,500,000 $ 1,187,500 June 30, 2012 $ 39,062,500 $ 1,187,500 September 30, 2012 $ 39,062,500 $ 1,187,500 December 31, 2012 $ 39,062,500 $ 1,187,500 Tranche A Maturity Date $ 314,437,500 39,062,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 1,187,500 June 30, 2017 2013 N/A $ 2,212,500 1,187,500 September 30, 2017 2013 N/A $ 2,212,500 1,187,500 December 31, 2017 2013 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated 1,187,500 Tranche B Maturity Date N/A $ 834,112,500 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). 447,687,500 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 A Term Loans or the Tranche B-2 B Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 A Term Loans and the Tranche B-2 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-1 A Term Loan Maturity Date and the Tranche B-2 B Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Credit and Guaranty Agreement (Boise Inc.)

Scheduled Payments/Commitment Reductions. 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 dates set forth below last day of each Fiscal Quarter (each, an “Installment Date”"INSTALLMENT DATE"), commencing September 30, 2004: FISCAL QUARTER TERM LOAN INSTALLMENTS -------------- ---------------------- September 30, 2004 $ 512,500 December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2004 $ 512,500 March 31, 2005 $ 512,500 June 30, 2005 $ 512,500 September 30, 2005 $ 512,500 December 31, 2013 2005 $ 812,500 $ 2,212,500 512,500 March 31, 2014 2006 $ 812,500 $ 2,212,500 512,500 June 30, 2014 2006 $ 812,500 $ 2,212,500 512,500 September 30, 2014 2006 $ 812,500 $ 2,212,500 512,500 December 31, 2014 2006 $ 812,500 $ 2,212,500 512,500 March 31, 2015 2007 $ 812,500 $ 2,212,500 512,500 June 30, 2015 2007 $ 812,500 $ 2,212,500 512,500 September 30, 2015 2007 $ 812,500 $ 2,212,500 512,500 December 31, 2015 2007 $ 812,500 $ 2,212,500 512,500 FISCAL QUARTER TERM LOAN INSTALLMENTS -------------- ---------------------- March 31, 2016 2008 $ 812,500 $ 2,212,500 512,500 June 30, 2016 2008 $ 812,500 $ 2,212,500 512,500 September 30, 2016 2008 $ 812,500 $ 2,212,500 512,500 December 31, 2016 2008 $ 812,500 512,500 March 31, 2009 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 512,500 June 30, 2017 N/A 2009 $ 2,212,500 512,500 September 30, 2017 N/A 2009 $ 2,212,500 512,500 December 31, 2017 N/A 2009 $ 2,212,500 Xxxxx 00512,500 March 31, 0000 X/X 2010 $ 2,212,500 512,500 June 30, 2018 N/A 2010 $ 2,212,500 512,500 September 30, 2018 N/A $ 2,212,500 2010 $24,087,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 002010 $24,087,500 March 31, 0000 X/X $ 2,212,500 2011 $24,087,500 June 30, 2019 N/A $ 2,212,500 2011 $24,087,500 September 30, 2011 $24,087,500 December 31, 2011 $24,087,500 March 31, 2012 $24,087,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). $24,087,500 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 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-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Amscan Holdings Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Term Loans shall be repaid by the Company in consecutive quarterly installments (each, an a Term Loan Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth below on in the dates set forth below (each, an “Installment Date”)table below, commencing on December 312823, 201320182021 : Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December 312823, 2013 20182021 $ 812,500 0 March 2925, 20192022 $ 2,212,500 0 June 2824, 20192022 $ 0 September 2723, 20192022 $ 0 December 2729, 20192022 $ 9,375,0003,750,000 March 31, 2014 2023 $ 812,500 $ 2,212,500 3,750,000 June 30, 2014 2023 $ 812,500 3,750,000 September 29, 2023 $ 2,212,500 3,750,000 March 27December 29 , 20202023 $ 9,375,000 June 26March 29 , 20202024 $ 9,375,000 September 3025June 28 , 2014 20202024 $ 812,500 9,375,000 December 23, 2020September 27, 2024 $ 2,212,500 18,750,0009,375,000 March 26December 27 , 20212024 $ 18,750,0009,375,000 June 25March 28 , 20212025 $ 18,750,0009,375,000 September 24June 27 , 20212025 $ 18,750,0009,375,000 December 3123, 2014 2021September 26, 2025 $ 812,500 18,750,0009,375,000 March 25December 26 , 20222025 $ 2,212,500 18,750,000 June 24March 27 , 20222026 $ 18,750,000 September 23June 26 , 20222026 $ 18,750,000 December 29, 2022September 25, 2026 $ 28,125,00018,750,000 March 31, 2015 2023 $ 812,500 $ 2,212,500 28,125,000 June 30, 2015 2023 $ 812,500 28,125,000 September 29, 2023 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 28,125,000 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 1,200,000,0001,335,000,000 or such lesser aggregate principal amount of Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, Loans then outstanding 109 ; provided that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date “Amortization Date” occurring on or after the applicable Increased Amount Date as set forth in the manner specified in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans)Agreement. Notwithstanding the foregoing, (x) such Installments shall be reduced on a dollar-for-dollar basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 Section 2.05; and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than by the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full Company no later than the applicable Incremental Term Loan Maturity DateDate therefor.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the 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 below (each, an “Installment Date”)four quarterly scheduled Interest Payment Dates applicable to Term Loans, commencing December 31with the last day of the Fiscal Quarter ending September 30, 20132008: Amortization Date Tranche B-1 B Term Loan Installments September 30, 2008 $ 912,500 December 31, 2008 $ 912,500 March 31, 2009 $ 912,500 June 30, 2009 $ 912,500 September 30, 2009 $ 912,500 December 31, 2009 $ 912,500 March 31, 2010 $ 912,500 June 30, 2010 $ 912,500 September 30, 2010 $ 912,500 December 31, 2010 $ 912,500 March 31, 2011 $ 912,500 June 30, 2011 $ 912,500 September 30, 2011 $ 912,500 December 31, 2011 $ 912,500 March 31, 2012 $ 912,500 June 30, 2012 $ 912,500 Amortization Date Tranche B-2 B Term Loan Installments September 30, 2012 $ 912,500 December 31, 2012 $ 912,500 March 31, 2013 $ 912,500 June 30, 2013 $ 912,500 September 30, 2013 $ 912,500 December 31, 2013 $ 812,500 $ 2,212,500 912,500 March 31, 2014 $ 812,500 $ 2,212,500 912,500 June 30, 2014 $ 812,500 $ 2,212,500 912,500 September 30, 2014 $ 812,500 $ 2,212,500 912,500 December 31, 2014 $ 812,500 $ 2,212,500 912,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30912,500 May 28, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 340,362,500 ; provided, that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each date set forth in the table above for the payment of any Installment Date (each such date, an “Installment Date”) occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class Series of Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 New Term Loans, times (ii) the ratio (expressed as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; a percentage) of (y) the Tranche B-1 amount of all other Term Loans and the Tranche B-2 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-1 Term Loan Maturity being repaid on such Installment Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with the total aggregate principal amount of all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Loans outstanding on such Increased Amount Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bright Horizons Family Solutions Inc.)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Term Loans shall be repaid by the Company in consecutive quarterly installments (each, an a Term Loan Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth below on in the dates set forth below (each, an “Installment Date”)table below, commencing December 31on September 30, 20132015: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments September 25, 2015 $18,750,000 December 3124, 2013 $ 812,500 $ 2,212,500 2015 $18,750,000 March 24, 2016 $18,750,000 June 24, 2016 $18,750,000 September 23, 2016 $18,750,000 December 30, 2016 $18,750,000 March 31, 2014 $ 812,500 $ 2,212,500 June 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 2017 $18,750,000 June 30, 2017 N/A $ 2,212,500 $18,750,000 September 3029, 2017 N/A $ 2,212,500 $28,125,000 December 3129, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June $28,125,000 March 30, 2018 N/A $ 2,212,500 September 30$28,125,000 June 29, 2018 N/A $ 2,212,500 December 31$28,125,000 September 28, 2018 N/A $ 2,212,500 Xxxxx 00$37,500,000 December 28, 0000 X/X $ 2,212,500 June 302018 $37,500,000 March 29, 2019 N/A $ 2,212,500 $37,500,000 June 28, 2019 $37,500,000 September 27, 2019 $37,500,000 December 27, 2019 $37,500,000 March 27, 2020 $37,500,000 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, $975,000,000 or such lesser aggregate principal amount of Term Loans then outstanding ; provided that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date “Amortization Date” occurring on or after the applicable Increased Amount Date as set forth in the manner specified in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans)Agreement. Notwithstanding the foregoing, (x) such Installments shall be reduced on a dollar-for-dollar basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 Section 2.05; and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than by the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full Company no later than the applicable Incremental Term Loan Maturity DateDate therefor.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

AutoNDA by SimpleDocs

Scheduled Payments/Commitment Reductions. The principal amounts of the Tranche B-1 Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below and on the dates set forth below (each, each an “Installment Date”)) set forth below: Amortization Date Installments September 30, commencing 2011 $1,812,500 December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2011 $1,812,500 March 31, 2012 $1,812,500 June 30, 2012 $1,812,500 September 30, 2012 $1,812,500 December 31, 2012 $1,812,500 March 31, 2013 $1,812,500 June 30, 2013 $1,812,500 September 30, 2013 $1,812,5001,530,000 December 31, 2013 $ 812,500 $ 2,212,500 $1,812,5001,530,000 March 31, 2014 $ 812,500 $ 2,212,500 $1,812,5001,530,000 June 30, 2014 $ 812,500 $ 2,212,500 $1,812,5001,530,000 September 30, 2014 $ 812,500 $ 2,212,500 $1,812,5001,530,000 December 31, 2014 $ 812,500 $ 2,212,500 $1,812,5001,530,000 March 31, 2015 $ 812,500 $ 2,212,500 $1,812,5001,530,000 June 30, 2015 $ 812,500 $ 2,212,500 $1,812,5001,530,000 September 30, 2015 $ 812,500 $ 2,212,500 $1,812,5001,530,000 December 31, 2015 $ 812,500 $ 2,212,500 $1,812,5001,530,000 March 31, 2016 $ 812,500 $ 2,212,500 $1,812,5001,530,000 June 30, 2016 $ 812,500 $ 2,212,500 $1,812,5001,530,000 September 30, 2016 $ 812,500 $ 2,212,500 $1,812,5001,530,000 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00$1,812,5001,530,000 March 31, 0000 X/X $ 2,212,500 2017 $1,812,5001,530,000 June 30, 2017 N/A $ 2,212,500 $1,812,5001,530,000 September 30, 2017 N/A $ 2,212,500 $1,812,5001,530,000 December 31, 2017 N/A $ 2,212,500 Xxxxx 00$1,812,5001,530,000 March 31, 0000 X/X $ 2,212,500 June 2018 $1,812,5001,530,000 Amortization Date Installments May 9,June 30, 2018 N/A $ 2,212,500 $676,062,5001,530,000 September 30, 2018 N/A $ 2,212,500 $1,530,000 December 31, 2018 N/A $ 2,212,500 Xxxxx 00$1,530,000 March 31, 0000 X/X $ 2,212,500 2019 $1,530,000 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 $1,530,000 September 30, 2019 $1,530,000 November 9, 2019 $573,750,000 ; provided, that in the event any Incremental New Term Loans are mademade or Extended Term Loans are Established, such Incremental New Term Loans or Extended Term Loans shall be repaid on each Installment Date occurring on or after as provided in the Additional Credit Extension Amendment with respect to the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Series of New Term Loans are documented as an increase in an existing Class of or Extended Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 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-1 B Term Loan Maturity Date and the Tranche B-2 Maturity-1 Term Loan Maturity Date, respectively; and (z) Incremental the Borrower shall repay to the Administrative Agent for the ratable account of the Lenders with Tranche B Term Loans that are not Converted 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 Tranche B Term Loans that are not Converted Tranche B Term Loans on the applicable Incremental Term Loan Maturity Amendment No. 2 Effective Date. .

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Holding Corp.)

Scheduled Payments/Commitment Reductions. (a) Scheduled Installments. The principal amounts of the Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”"INSTALLMENT") in the aggregate amounts set forth below on the dates set forth below Business Day immediately following the last day of each Fiscal Quarter (each, an “Installment Date”"INSTALLMENT DATE"), commencing December May 31, 20132004: Amortization Date FISCAL QUARTER TRANCHE B TERM LOAN INSTALLMENTX -------------- -------------------------------- May 31, 2004 $ 387,500 August 30, 2004 $ 387,500 November 29, 2004 $ 387,500 February 28, 2005 $ 387,500 May 30, 2005 $ 387,500 August 29, 2005 $ 387,500 November 28, 2005 $ 387,500 February 2, 2006 $ 387,500 May 29, 2006 $ 387,500 August 28, 2006 $ 387,500 November 27, 2007 $ 387,500 February 26, 2007 $ 387,500 May 28, 2007 $ 387,500 August 27, 2007 $ 387,500 November 26, 2007 $ 387,500 February 25, 2008 $ 387,500 June 2, 2008 $ 387,500 September 1, 2008 $ 387,500 December 1, 2008 $ 387,500 March 2, 2009 $ 387,500 June 1, 2009 $ 387,500 August 31, 2009 $ 387,500 November 30, 2009 $ 387,500 March 1, 2010 $ 387,500 May 31, 2010 $ 387,500 August 30, 2010 $ 387,500 November 29, 2010 $ 387,500 February 28, 2011 $ 387,500 Tranche B-1 B Term Loan Installments Tranche B-2 Term Loan Installments December 31, 2013 $ 812,500 $ 2,212,500 March 31, 2014 $ 812,500 $ 2,212,500 June 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated $144,150,000 Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 ; provided, that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable Joinder Agreement Series of New Term Loans, times (including, if such Incremental ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans are documented as an increase in an existing Class being repaid on such Installment Date and (z) the total aggregate principal amount of all other Term Loans)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 Tranche B-1 Term Loans or the Tranche B-2 B Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 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-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental B Term Loan Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Achievement Corp)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Term Loans shall be repaid by the Company in consecutive quarterly installments (each, an a Term Loan Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth below on in the dates set forth below (each, an “Installment Date”)table below, commencing on December 313028, 201320172018: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December 2928, 20172018 $ 9,375,0000 March 29, 2019 $ 0 June 28, 2019 $ 0 September 27, 2019 $ 0 March 29December 27, 20182019 $ 9,375,000 June 29March 27, 20182020 $ 9,375,000 September 28June 26, 20182020 $ 9,375,000 December 28, 2018September 25, 2020 $ 18,750,0009,375,000 March 29December 23, 20192020 $ 18,750,000 June 28March 26, 20192021 $ 18,750,000 September 27June 25, 20192021 $ 18,750,000 December 27, 2019September 24, 2021 $ 18,750,000 March 27December 23, 20202021 $ 18,750,000 June 26March 25, 20202022 $ 18,750,000 September 25June 24, 20202022 $ 18,750,000 DecemberSeptember 23, 20202022 $ 28,125,00018,750,000 March 26December 29, 20212022 $ 28,125,000 June 25March 31, 2013 20212023 $ 812,500 $ 2,212,500 March 31, 2014 $ 812,500 $ 2,212,500 June 28,125,000 September 24June 30, 2014 20212023 $ 812,500 28,125,000 December 23, 2021September 29, 2023 $ 2,212,500 37,500,00028,125,000 March 25, 2022 $ 37,500,000 June 24, 2022 $ 37,500,000 September 3023, 2014 2022 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 37,500,000 Term Loan B-1 Stated Maturity Date $ 314,437,500 X/X Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 Xxxxx 00, 0000 X/X $ 2,212,500 June 30, 2019 N/A $ 2,212,500 1,050,000,0001,200,000,000 or such lesser aggregate principal amount of Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, Loans then outstanding ; provided that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date “Amortization Date” occurring on or after the applicable Increased Amount Date as set forth in the manner specified in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans)Agreement. Notwithstanding the foregoing, (x) such Installments shall be reduced on a dollar-for-dollar basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 Section 2.05; and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than by the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full Company no later than the applicable Incremental Term Loan Maturity DateDate therefor.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.