Scheduled Payments of Term Loan Sample Clauses

Scheduled Payments of Term Loan. The Borrower shall make principal payments on the Term Loan in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending March 31, 2015, with the amount of each such principal installment to equal the percentage of the original Borrowing of the Term Loan set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: , with a final payment of all principal and interest not sooner paid on the Term Loan due and payable on the Term Loan Maturity Date.
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Scheduled Payments of Term Loan. Company shall make principal ------------------------------- payments on the Term Loans in installments on the dates and in the amounts set forth below: ==================================== SCHEDULED REPAYMENT OF DATE TERM LOAN ==================================== September 30, 1997 $1,000,000 ------------------------------------ December 31, 1997 $1,000,000 ------------------------------------ March 31, 1998 $1,250,000 ------------------------------------ June 30, 1998 $1,250,000 ------------------------------------ September 30, 1998 $1,250,000 ------------------------------------ December 31, 1998 $1,250,000 ------------------------------------ March 31, 1999 $2,000,000 ------------------------------------ June 30, 1999 $2,000,000 ------------------------------------ September 30, 1999 $2,000,000 ------------------------------------ December 31, 1999 $2,000,000 ------------------------------------ March 31, 2000 $2,500,000 ==================================== ==================================== SCHEDULED REPAYMENT OF DATE TERM LOAN ==================================== June 30, 2000 $2,500,000 ------------------------------------ September 30, 2000 $2,500,000 ------------------------------------ December 31, 2000 $2,500,000 ------------------------------------ March 31, 2001 $2,500,000 ------------------------------------ June 30, 2001 $2,500,000 ------------------------------------ September 30, 2001 $2,500,000 ------------------------------------ December 31, 2001 $2,500,000 ------------------------------------ March 31, 2002 $7,500,000 ------------------------------------ June 30, 2002 $7,500,000 ==================================== ; provided that the scheduled installments of principal of the Term Loans -------- set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further that the Term Loans and all other amounts -------- ------- owed hereunder with respect to the Term Loans shall be paid in full no later than June 30, 2002, and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loan.
Sample 1
Scheduled Payments of Term Loan. The Borrower shall make principal payments on the Term Loan in installments on the last day of each fiscal quarter, commencing on June 30, 2018, in an amount equal to $616,071.43, it being agreed that a final payment comprised of all principal and interest not sooner paid on the Term Loan shall be due and payable on September 12, 2022, the final maturity thereof.
Sample 1
Scheduled Payments of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive calendar quarterly installments as follows, unless accelerated sooner pursuant to Section 9.02 (which amounts shall be reduced as a result of the application of prepayments in accordance with the order or priority set forth in Section 2.13(b)(ix)): Principal Amortization Payment Dates Term Loan Principal Amortization Payment June 30, 2015 $ 912,543 September 30, 2015 $ 912,543 December 31, 2015 $ 912,543 March 31, 2016 $ 912,543 June 30, 2016 $ 912,543 September 30, 2016 $ 912,543 December 31, 2016 $ 912,543 March 31, 2017 $ 912,543 June 30, 2017 $ 912,543 September 30, 2017 $ 912,543 December 31, 2017 $ 912,543 March 31, 2018 $ 912,543 June 30, 2018 $ 912,543 September 30, 2018 $ 912,543 December 31, 2018 $ 912,543 March 31, 2019 $ 912,543 June 30, 2019 $ 912,543 September 30, 2019 $ 912,543 December 31, 2019 $ 912,543 March 31, 2020 $ 912,543 June 30, 2020 $ 912,543 Maturity Date of Term Loan Remaining Principal Balance of Term Loan
Sample 1
Scheduled Payments of Term Loan. The Borrower shall make principal payments on the Term Loan in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending March 31, 2014, with the amount of each such principal installment to equal the percentage of the outstanding principal balance of the Term Loan on the Drawing Period End Date set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: Column A Payment Date Column B Percentage 03/31/14 3.00 % 06/30/14 3.00 % 09/30/14 3.00 % 12/31/14 3.00 % 03/31/15 3.50 % 06/30/15 3.50 % 09/30/15 3.50 % 12/31/15 3.50 % 03/31/16 4.00 % 06/30/16 4.00 % 09/30/16 4.00 % 12/31/16 4.00 % 03/31/17 4.50 % 06/30/17 4.50 % 09/30/17 4.50 % 12/31/17 4.50 % 03/31/18 4.50 % , with a final payment of all principal and interest not sooner paid on the Term Loan due and payable on the Term Loan Maturity Date.
Sample 1
Scheduled Payments of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive calendar quarterly installments due on the last Business Day of each fiscal quarter in an amount equal to (i) for each fiscal quarter ending prior to the Gopher Effective Date, $772,500 and (ii) for each fiscal quarter ending on or after the Gopher Effective Date, the product of 0.25% multiplied by the Total Term Draw, unless accelerated sooner pursuant to Section 8.02. The balance of the Term Loan shall be due on the Term Loan Termination Date.
Sample 1
Scheduled Payments of Term Loan. The principal amount of the Term Loan shall be repaid in consecutive calendar quarterly installments as follows, unless accelerated sooner pursuant to Section 9.02 (which amounts shall be reduced as a result of the application of prepayments in accordance with the order or priority set forth in Section 2.13(b)(ix)): December 31, 2013 $750,000 March 31, 2014 $750,000 June 30, 2014 $750,000 September 30, 2014 $750,000 December 31, 2014 $750,000 March 31, 2015 $750,000 June 30, 2015 $750,000 September 30, 2015 $750,000 December 31, 2015 $750,000 March 31, 2016 $750,000 June 30, 2016 $750,000 September 30, 2016 $750,000 December 31, 2016 $750,000 March 31, 2017 $750,000 June 30, 2017 $750,000 September 30, 2017 $750,000 December 31, 2017 $750,000 March 31, 2018 $750,000 June 30, 2018 $750,000 September 30, 2018 $750,000 December 31, 2018 $750,000 March 31, 2019 $750,000 June 30, 2019 $750,000 September 30, 2019 $750,000 December 31, 2019 $750,000 March 31, 2020 $750,000 June 30, 2020 $750,000 Maturity Date of Term Loan Remaining Principal Balance of Term Loan
Sample 1
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Related to Scheduled Payments of Term Loan

  • Repayment of Term Loan The principal amount of the Term Loan shall be repaid in consecutive quarterly installments as follows, unless accelerated sooner pursuant to Section 7.2:

  • Repayment of Term Loans 25 2.4 Revolving Commitments..........................................25 2.5 Procedure for Revolving Loan Borrowing.........................26 2.6 Commitment Fees, etc. .........................................26 2.7 Termination and Reduction of Commitments.......................27 2.8

  • Permitted Prepayment of Term Loans Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty (30) days prior to such prepayment, and (ii) pays to the Lenders on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Expenses and interest at the Default Rate with respect to any past due amounts.

  • Scheduled Payments No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date.

  • Amortization of Term Loans (a) Subject to adjustment pursuant to paragraph (c) of this Section, the Borrowers shall repay Term Loan Borrowings on the dates and in the amounts set forth on Annex I, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business Day. (b) To the extent not previously paid, all Term Loans shall be due and payable on the Term Maturity Date. (c) Any prepayment of a Term Loan Borrowing of any Class (i) pursuant to Section 2.11(a)(i) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section as directed by the Borrowers (and absent such direction in direct order of maturity) and (ii) pursuant to Section 2.11(c) or 2.11(d) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Loan Borrowings of such Class to be made pursuant to this Section, or, except as otherwise provided in any Refinancing Amendment, pursuant to the corresponding section of such Refinancing Amendment, in direct order of maturity. (d) Prior to any repayment of any Term Loan Borrowings of any Class hereunder, the Borrower shall select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the Administrative Agent by telephone (confirmed by hand delivery or facsimile) of such election not later than 2:00 p.m., New York City time, two Business Day before the scheduled date of such repayment. In the absence of a designation by the Borrowers as described in the preceding sentence, the Administrative Agent shall make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.16. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of Term Loan Borrowings shall be accompanied by accrued interest on the amount repaid.

  • 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.

  • Repayment of Term Borrowings (i) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12, 2.13(e) and 2.26(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: March 31, 2013 $ 4,500,000 June 30, 2013 $ 4,500,000 September 30, 2013 $ 4,500,000 December 31, 2013 $ 4,500,000 March 31, 2014 $ 4,500,000 June 30, 2014 $ 4,500,000 September 30, 2014 $ 4,500,000 December 31, 2014 $ 4,500,000 March 30, 2015 $ 4,500,000 June 30, 2015 $ 4,500,000 September 30, 2015 $ 4,500,000 December 31, 2015 $ 4,500,000 March 31, 2016 $ 4,500,000 June 30, 2016 $ 4,500,000 September 30, 2016 $ 4,500,000 December 31, 2016 $ 4,500,000 March 31, 2017 $ 4,500,000 June 30, 2017 $ 4,500,000 September 30, 2017 $ 4,500,000 December 31, 2017 $ 4,500,000 March 31, 2018 $ 4,500,000 June 30, 2018 $ 4,500,000 September 30, 2018 $ 4,500,000 December 31, 2018 $ 4,500,000 March 31, 2019 $ 4,500,000 June 30, 2019 $ 4,500,000 Term Loan Maturity Date $ 1,683,000,000 (ii) The Borrower shall pay to the Administrative Agent, for the account of the Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(e)) equal to the amount set forth for such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. (b) In the event and on each occasion that the Term Loan Commitments shall be reduced or shall expire or terminate other than as a result of the making of a Term Loan, the installments payable on each Repayment Date shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or termination. (c) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and payable on the Term Loan Maturity Date and the applicable Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.

  • Repayments of Provider Advances (a) Amounts advanced hereunder in respect of a Provider Advance shall be deposited in the Class A Cash Collateral Account and invested and withdrawn from the Class A Cash Collateral Account as set forth in Sections 3.05(c), 3.05(d), 3.05(e) and 3.05(f) of the Intercreditor Agreement. Subject to Sections 2.07 and 2.09, the Borrower agrees to pay to the Liquidity Provider, on each Regular Distribution Date, commencing on the first Regular Distribution Date after the making of a Provider Advance, interest on the principal amount of any such Provider Advance, in the amounts determined as provided in Section 3.07; provided, however, that amounts in respect of a Provider Advance withdrawn from the Class A Cash Collateral Account for the purpose of paying interest on the Class A Certificates in accordance with Section 3.05(f) of the Intercreditor Agreement (the amount of any such withdrawal being (y), in the case of a Downgrade Advance, an “Applied Downgrade Advance” and (z) in the case of a Non-Extension Advance, an “Applied Non-Extension Advance” and together with an Applied Downgrade Advance, an “Applied Provider Advance”) shall thereafter (subject to Section 2.06(b)) be treated as an Interest Advance under this Agreement for purposes of determining the Applicable Liquidity Rate for interest payable thereon; provided, further, however, that if, following the making of a Provider Advance, the Liquidity Provider delivers a Termination Notice to the Borrower pursuant to Section 6.01(a), such Provider Advance shall thereafter be treated as a Final Advance under this Agreement for purposes of determining the Applicable Liquidity Rate for interest payable thereon. Subject to Sections 2.07 and 2.09, immediately upon the withdrawal of any amounts from the Class A Cash Collateral Account on account of a reduction in the Required Amount, the Borrower shall repay to the Liquidity Provider a portion of the Provider Advances in a principal amount equal to such reduction, plus interest on the principal amount so repaid as provided in Section 3.07.

  • Cumulative Prepayments Except as otherwise expressly provided in this Section 2.05, payments with respect to any subsection of this Section 2.05 are in addition to payments made or required to be made under any other subsection of this Section 2.05.

  • Advance Payments The Employer agrees to issue advance payments of estimated net salary for vacation periods of two (2) or more complete weeks, providing a written request for such advance payment is received from the employee at least six (6) weeks prior to the last pay before the employee’s vacation period commences, and providing the employee has been authorized to proceed on vacation leave for the period concerned. Pay in advance of going on vacation shall be made prior to departure. Any overpayment in respect of such pay advances shall be an immediate first charge against any subsequent pay entitlement and shall be recovered in full prior to any further payment of salary.

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