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, or in the case such Installment Date is not a Business Day, the next prior Business Day, the dates set forth below (each, an “Installment Date”) commencing March 31, 2016: March 31, 2016 $137,500.00 June 30, 2016 $137,500.00 September 30, 2016 $137,500.00 December 31, 2016 $137,500.00 March 31, 2017 $137,500.00 June 30, 2017 $137,500.00 September 30, 2017 $137,500.00 December 31, 2017 $137,500.00 March 31, 2018 $137,500.00 June 30, 2018 $137,500.00 September 30, 2018 $137,500.00 December 31, 2018 $137,500.00 March 31, 2019 $137,500.00 June 30, 2019 $137,500.00 September 30, 2019 $137,500.00 December 31, 2019 $137,500.00 March 31, 2020 $137,500.00 June 30, 2020 $137,500.00 September 30, 2020 $137,500.00 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.

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, or in the case such Installment Date is not a Business Daytable below, the next prior Business Day, the dates set forth below (each, an “Installment Date”) commencing March 31, 2016: March 31, 2016 $137,500.00 June on December 30, 2016 $137,500.00 September 30, 2016 $137,500.00 2017: December 31, 2016 $137,500.00 March 3129, 2017 $137,500.00 June 30, 2017 $137,500.00 September 30, 2017 $137,500.00 December 31, 2017 $137,500.00 9,375,000 March 3129, 2018 $137,500.00 9,375,000 June 3029, 2018 $137,500.00 9,375,000 September 3028, 2018 $137,500.00 9,375,000 December 3128, 2018 $137,500.00 18,750,000 March 3129, 2019 $137,500.00 18,750,000 June 3028, 2019 $137,500.00 18,750,000 September 3027, 2019 $137,500.00 18,750,000 December 3127, 2019 $137,500.00 18,750,000 March 3127, 2020 $137,500.00 18,750,000 June 3026, 2020 $137,500.00 18,750,000 September 3025, 2020 $137,500.00 18,750,000 December 23, 2020 $28,125,000 March 26, 2021 $28,125,000 June 25, 2021 $28,125,000 September 24, 2021 $28,125,000 December 23, 2021 $37,500,000 March 25, 2022 $37,500,000 June 24, 2022 $37,500,000 September 23, 2022 $37,500,000 Term Loan Maturity Date $1,050,000,000 or such lesser aggregate principal amount of Term Loans then outstanding ; provided that in the event any New Term Loans are made, such New Term Loans shall be repaid on each “Amortization Date” occurring on or after the applicable Increased Amount Date in the manner specified in the applicable Joinder 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 Term Loans in accordance with Sections 2.11, 2.12 and 2.13, as applicable Section 2.05; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full by the Company no later than the applicable Term Loan Maturity DateDate therefor.

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below onbelow: December 31, or in the case such Installment Date is not a Business Day, the next prior Business Day, the dates set forth below (each, an “Installment Date”) commencing 2007 $ 3,750,000.00 March 31, 2016: 2008 $ 3,750,000.00 June 30, 2008 $ 3,750,000.00 September 30, 2008 $ 3,750,000.00 December 31, 2008 $ 7,500,000.00 March 31, 2016 $137,500.00 2009 $ 7,500,000.00 June 30, 2016 $137,500.00 2009 $ 7,500,000.00 September 30, 2016 $137,500.00 2009 $ 7,500,000.00 December 31, 2016 $137,500.00 2009 $ 7,500,000.00 March 31, 2017 $137,500.00 2010 $ 7,500,000.00 June 30, 2017 $137,500.00 2010 $ 7,500,000.00 September 30, 2017 $137,500.00 2010 $ 7,500,000.00 December 31, 2017 $137,500.00 2010 $ 11,250,000.00 March 31, 2018 $137,500.00 2011 $ 11,250,000.00 June 30, 2018 $137,500.00 2011 $ 11,250,000.00 September 30, 2018 $137,500.00 2011 $ 11,250,000.00 December 31, 2018 $137,500.00 2011 $ 45,000,000.00 March 31, 2019 $137,500.00 2012 $ 45,000,000.00 June 30, 2019 $137,500.00 September 30, 2019 $137,500.00 December 31, 2019 $137,500.00 March 31, 2020 $137,500.00 June 30, 2020 $137,500.00 September 30, 2020 $137,500.00 2012 $ 45,000,000.00 Term Loan Maturity Date $ 45,000,000.00 (b) Notwithstanding the foregoing, (xi) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans Loans, as the case may be, in accordance with Sections 2.11, 2.12 and 2.13, 2.14 and 2.15, as applicable applicable; and (yii) 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.

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, or in the case such Installment Date is not a Business Daytable below, the next prior Business Daycommencing on September 30, the dates set forth below (each2015: September 25, an “Installment Date”) commencing 2015 $18,750,000 December 24, 2015 $18,750,000 March 31, 2016: March 3124, 2016 $137,500.00 18,750,000 June 24, 2016 $18,750,000 September 23, 2016 $18,750,000 December 30, 2016 $137,500.00 September 30, 2016 $137,500.00 December 31, 2016 $137,500.00 18,750,000 March 31, 2017 $137,500.00 18,750,000 June 30, 2017 $137,500.00 18,750,000 September 3029, 2017 $137,500.00 28,125,000 December 3129, 2017 $137,500.00 28,125,000 March 31, 2018 $137,500.00 June 30, 2018 $137,500.00 September 3028,125,000 June 29, 2018 $137,500.00 December 3128,125,000 September 28, 2018 $137,500.00 37,500,000 December 28, 2018 $37,500,000 March 3129, 2019 $137,500.00 37,500,000 June 3028, 2019 $137,500.00 37,500,000 September 3027, 2019 $137,500.00 37,500,000 December 3127, 2019 $137,500.00 37,500,000 March 3127, 2020 $137,500.00 June 3037,500,000 Term Loan Maturity Date $975,000,000 or such lesser aggregate principal amount of Term Loans then outstanding ; provided that in the event any New Term Loans are made, 2020 $137,500.00 September 30, 2020 $137,500.00 such New Term Loans shall be repaid on each “Amortization Date” occurring on or after the applicable Increased Amount Date in the manner specified in the applicable Joinder 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 Term Loans in accordance with Sections 2.11, 2.12 and 2.13, as applicable Section 2.05; and (y) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full by the Company no later than the applicable Term Loan Maturity DateDate therefor.