Common use of Scheduled Payments/Commitment Reductions Clause in Contracts

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loans, commencing December 31, 2007: Amortization Date Tranche A Term Loan Installments December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 Amortization Date Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 December 31, 2010 $ 22,500,000 March 31, 2011 $ 22,500,000 June 30, 2011 $ 22,500,000 September 30, 2011 $ 22,500,000 December 31, 2011 $ 22,500,000 March 31, 2012 $ 22,500,000 June 30, 2012 $ 22,500,000 September 30, 2012 $ 292,500,000

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

AutoNDA by SimpleDocs

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loansdates set forth below (each, an “Installment Date”), commencing December 31on June 30, 20072011: Amortization Date U.S. Tranche A Term Loan Installments June 30, 2011 $8,000,000 September 30, 2011 $8,000,000 December 31, 2007 $ 7,500,000 2011 $8,000,000 March 31, 2008 $ 7,500,000 2012 $8,000,000 June 30, 2008 $ 7,500,000 55 Amortization Date 2012 $16,000,000 September 30, 2012 $16,000,000 December 31, 2012 $16,000,000 March 31, 2013 $16,000,000 June 30, 2013 $24,000,000 September 30, 2013 $24,000,000 December 31, 2013 $24,000,000 March 31, 2014 $24,000,000 June 30, 2014 $40,000,000 September 30, 2014 $40,000,000 December 31, 2014 $40,000,000 March 31, 2015 $40,000,000 June 30, 2015 $72,000,000 September 30, 2015 $72,000,000 December 31, 2015 $72,000,000 Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 December 31, 2010 $ 22,500,000 March 31, 2011 $ 22,500,000 June 30, 2011 $ 22,500,000 September 30, 2011 $ 22,500,000 December 31, 2011 $ 22,500,000 March 31, 2012 $ 22,500,000 June 30, 2012 $ 22,500,000 September 30, 2012 $ 292,500,000Maturity Date Remainder

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (PVH Corp. /De/), Credit and Guaranty Agreement (PVH Corp. /De/)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loansdates set forth below (each, an “Installment Date”), commencing December 31on September 30, 20072010: Amortization Date Tranche A Term Loan Installments December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 Amortization Date U.S. Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 $4,596,250 December 31, 2010 $ 22,500,000 $4,596,250 March 31, 2011 $ 22,500,000 $4,596,250 June 30, 2011 $ 22,500,000 $4,596,250 September 30, 2011 $ 22,500,000 $9,192,500 December 31, 2011 $ 22,500,000 $9,192,500 March 31, 2012 $ 22,500,000 $9,192,500 June 30, 2012 $ 22,500,000 $9,192,500 September 30, 2012 $ 292,500,000$13,788,750 December 31, 2012 $13,788,750 March 31, 2013 $13,788,750 June 30, 2013 $13,788,750 September 30, 2013 $22,981,250 December 31, 2013 $22,981,250 March 31, 2014 $22,981,250 June 30, 2014 $22,981,250 September 30, 2014 $41,366,250 December 31, 2014 $41,366,250 March 31, 2015 $41,366,250 Tranche A Term Loan Maturity Date Remainder

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/), Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche A Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth below on in the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loanstable below, commencing December October 31, 20072012: Amortization Date Tranche A Term Loan Installments December October 31, 2007 $ 7,500,000 March 2012 $12,500,000 January 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 2013 $12,500,000 Amortization Date Tranche A Installments April 30, 2013 $12,500,000 July 31, 2013 $12,500,000 October 31, 2013 $12,500,000 January 31, 2014 $12,500,000 April 30, 2014 $12,500,000 July 31, 2014 $12,500,000 October 31, 2014 $25,000,000 January 31, 2015 $25,000,000 April 30, 2015 $25,000,000 July 31, 2015 $25,000,000 October 31, 2015 $50,000,000 January 31, 2016 $50,000,000 April 30, 2016 $50,000,000 July 31, 2016 $50,000,000 October 31, 2016 $50,000,000 January 31, 2017 $50,000,000 April 30, 2017 $50,000,000 July 31, 2017 $50,000,000 Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 December 31, 2010 $ 22,500,000 March 31, 2011 $ 22,500,000 June 30, 2011 $ 22,500,000 September 30, 2011 $ 22,500,000 December 31, 2011 $ 22,500,000 March 31, 2012 $ 22,500,000 June 30, 2012 $ 22,500,000 September 30, 2012 $ 292,500,000Maturity Date $400,000,000 or such lesser aggregate principal amount of Tranche A Term Loans then outstanding

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loansdates set forth below (each, an “Installment Date”), commencing December 31on September 30, 20072010: Amortization Date Tranche A Term Loan Installments December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 Amortization Date U.S. Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 $4,596,250 December 31, 2010 $ 22,500,000 $4,596,250 March 31, 2011 $ 22,500,000 $4,596,250 June 30, 2011 $ 22,500,000 $4,596,250 87 September 30, 2011 $ 22,500,000 $9,192,500 December 31, 2011 $ 22,500,000 $9,192,500 March 31, 2012 $ 22,500,000 $9,192,500 June 30, 2012 $ 22,500,000 $9,192,500 September 30, 2012 $ 292,500,000$13,788,750 December 31, 2012 $13,788,750 March 31, 2013 $13,788,750 June 30, 2013 $13,788,750 September 30, 2013 $22,981,250 December 31, 2013 $22,981,250 March 31, 2014 $22,981,250 June 30, 2014 $22,981,250 September 30, 2014 $41,366,250 December 31, 2014 $41,366,250 March 31, 2015 $41,366,250 Tranche A Term Loan Maturity Date Remainder

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/)

AutoNDA by SimpleDocs

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche A Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates”, set forth below on in the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loanstable below, commencing December 31September 30, 20072008: Amortization Date Tranche A Term Loan Installments December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 Amortization Date Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 10,000,000.00 December 31, 2008 $ 15,000,000 10,000,000.00 March 31, 2009 $ 15,000,000 10,000,000.00 June 30, 2009 $ 15,000,000 10,000,000.00 September 30, 2009 $ 15,000,000 10,000,000.00 December 31, 2009 $ 15,000,000 10,000,000.00 March 31, 2010 $ 15,000,000 10,000,000.00 June 30, 2010 $ 15,000,000 10,000,000.00 Amortization Date Tranche A Installments September 30, 2010 $ 15,000,000 15,000,000.00 December 31, 2010 $ 22,500,000 15,000,000.00 March 31, 2011 $ 22,500,000 15,000,000.00 June 30, 2011 $ 22,500,000 15,000,000.00 September 30, 2011 $ 22,500,000 15,000,000.00 December 31, 2011 $ 22,500,000 15,000,000.00 March 31, 2012 $ 22,500,000 15,000,000.00 June 30, 2012 $ 22,500,000 15,000,000.00 September 30, 2012 $ 292,500,000$200,000,000.00 or such lesser aggregate principal amount of Tranche A Term Loans then outstanding

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loansdates set forth below (each, an “Installment Date”), commencing December 31on June 30, 20072011: Amortization Date U.S. Tranche A Term Loan Installments December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 55 Amortization Date Tranche A Term Loan Installments September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 December 31, 2010 $ 22,500,000 March 31, 2011 $ 22,500,000 June 30, 2011 $ 22,500,000 8,000,000 September 30, 2011 $ 22,500,000 8,000,000 December 31, 2011 $ 22,500,000 8,000,000 March 31, 2012 $ 22,500,000 8,000,000 June 30, 2012 $ 22,500,000 16,000,000 September 30, 2012 $ 292,500,00016,000,000 December 31, 2012 $ 16,000,000 March 31, 2013 $ 16,000,000 June 30, 2013 $ 24,000,000 September 30, 2013 $ 24,000,000 December 31, 2013 $ 24,000,000 March 31, 2014 $ 24,000,000 June 30, 2014 $ 40,000,000 September 30, 2014 $ 40,000,000 December 31, 2014 $ 40,000,000 March 31, 2015 $ 40,000,000 June 30, 2015 $ 72,000,000 September 30, 2015 $ 72,000,000 December 31, 2015 $ 72,000,000 Tranche A Term Loan Maturity Date Remainder

Appears in 1 contract

Samples: Counterpart Agreement (Phillips Van Heusen Corp /De/)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A B-1 Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche B-1 Installment”) in the aggregate amounts and on the dates (each a “Tranche B-1 Installment Date”) set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loans, commencing December 31, 2007below: Amortization Date Tranche A Term Loan B-1 Installments December 31, 2007 $ 7,500,000 1,000,000 March 31, 2008 $ 7,500,000 1,000,000 June 30, 2008 $ 7,500,000 55 Amortization Date Tranche A Term Loan Installments 1,000,000 September 30, 2008 $ 7,500,000 1,000,000 December 31, 2008 $ 15,000,000 1,000,000 March 31, 2009 $ 15,000,000 1,000,000 June 30, 2009 $ 15,000,000 1,000,000 54 Amortization Date Tranche B-1 Installments September 30, 2009 $ 15,000,000 1,000,000 December 31, 2009 $ 15,000,000 1,000,000 March 31, 2010 $ 15,000,000 1,000,000 June 30, 2010 $ 15,000,000 1,000,000 September 30, 2010 $ 15,000,000 1,000,000 December 31, 2010 $ 22,500,000 1,000,000 March 31, 2011 $ 22,500,000 1,000,000 June 30, 2011 $ 22,500,000 1,000,000 September 30, 2011 $ 22,500,000 1,000,000 December 31, 2011 $ 22,500,000 1,000,000 March 31, 2012 $ 22,500,000 1,000,000 June 30, 2012 $ 22,500,000 1,000,000 September 30, 2012 $ 292,500,0001,000,000 December 31, 2012 $ 1,000,000 March 31, 2013 $ 1,000,000 June 30, 2013 $ 1,000,000 September 30, 2013 $ 1,000,000 December 31, 2013 $ 1,000,000 March 31, 2014 $ 1,000,000 June 30, 2014 $ 1,000,000 August 15, 2014 $ 373,000,000

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Inc)

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