Scheduled Payments of Term Loans. The Borrower shall make principal payments on the Term Loans in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending June 30, 2002, with the amount of each such principal installment to equal the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: COLUMN A COLUMN B SCHEDULED PRINCIPAL PAYMENT DATE PAYMENT ON TERM LOANS 06/30/02 $250,000 09/30/02 $250,000 12/31/02 $250,000 03/31/03 $250,000 06/30/03 $250,000 09/30/03 $250,000 12/31/03 $250,000 03/31/04 $250,000 06/30/04 $250,000 09/30/04 $250,000 , it being agreed that the final payment of both principal and interest not sooner paid on the Term Loans shall be due and payable on December 19, 2004 the final maturity thereof. Each such principal payment shall be applied to the Lenders holding the Term Loans pro rata based upon their Term Loan Percentages.
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Scheduled Payments of Term Loans. The Borrower shall Borrowers shall, jointly and severally, make principal payments on the Term Loans in quarterly installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending June 30December 31, 20022003, with the amount of each such principal installment to equal the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: COLUMN Column A COLUMN Column B SCHEDULED PRINCIPAL PAYMENT DATE PAYMENT ON TERM LOANS 06/30/02 $250,000 09/30/02 $250,000 12/31/02 $250,000 03/31/03 $250,000 06/30/03 $250,000 09/30/03 $250,000 Scheduled Principal Payment Date Payment on Term Loans 12/31/03 $250,000 . . $ 10,000,000 03/31/04 $250,000 . . $ 3,750,000 06/30/04 $250,000 . . $ 3,750,000 09/30/04 $250,000 , . . $ 3,750,000 12/31/04 . . $ 3,750,000 03/31/05 . . $ 5,000,000 06/30/05 . . $ 5,000,000 09/30/05 . . $ 5,000,000 12/31/05 . . $ 5,000,000 03/31/06 . . $ 5,000,000 ; it being agreed that the final payment of both principal and interest not sooner paid on the Term Loans shall be due and payable on December 19April 30, 2004 2006 the final maturity thereof. Each such principal payment shall be applied to the Lenders holding the Term Loans pro rata based upon their Term Loan Percentages.
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Scheduled Payments of Term Loans. The Borrower shall make principal payments on the Term Loans in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending June 30, 20022011, with the amount of each such principal installment to equal the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: COLUMN Column A COLUMN Payment Date Column B SCHEDULED PRINCIPAL PAYMENT DATE PAYMENT ON TERM LOANS 06/30/02 $250,000 09/30/02 $250,000 12/31/02 $250,000 03/31/03 $250,000 06/30/03 $250,000 09/30/03 $250,000 12/31/03 $250,000 03/31/04 $250,000 06/30/04 $250,000 09/30/04 $250,000 Scheduled Principal Payment on Term Loans 06/30/11 $ 1,000,000 09/30/11 $ 1,500,000 12/31/11 $ 1,500,000 03/31/12 $ 1,000,000 06/30/12 $ 1,000,000 09/30/12 $ 1,500,000 12/31/12 $ 1,500,000 03/31/13 $ 1,000,000 06/30/13 $ 1,000,000 09/30/13 $ 1,500,000 12/31/13 $ 1,500,000 03/31/14 $ 1,000,000 06/30/14 $ 1,000,000 09/30/14 $ 1,500,000 12/31/14 $ 1,500,000 03/31/15 $ 1,000,000 06/30/15 $ 1,000,000 09/30/15 $ 1,500,000 , it being agreed that the a final payment comprised of both all principal and interest not sooner paid on the Term Loans shall be due and payable on December 19November 4, 2004 2015 the final maturity thereof. Each such principal payment shall be applied to the Lenders holding the Term Loans pro rata based upon their Term Loan Percentages.
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Scheduled Payments of Term Loans. The Borrower shall make principal payments on the Term Loans in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending June 30December 31, 2002, with the amount of each such principal installment to equal the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: COLUMN A COLUMN B SCHEDULED PRINCIPAL PAYMENT DATE PAYMENT ON TERM LOANS 06/30/02 $250,000 09/30/02 $250,000 ------------ --------------------- 12/31/02 $250,000 03/31/03 $250,000 06/30/03 $250,000 09/30/03 $250,000 12/31/03 $250,000 03/31/04 $250,000 06/30/04 $250,000 09/30/04 $250,000 Balance of term loans , it being agreed that the final payment of both principal and interest not sooner paid on the Term Loans shall be due and payable on December 1931, 2004 2003, the final maturity thereof. Each such principal payment shall be applied to the Lenders holding the Term Loans pro rata based upon their Term Loan Percentages.
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Scheduled Payments of Term Loans. The Borrower shall make principal payments on the Term Loans in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending June 30March 31, 20022010, with the amount of each such principal installment to equal the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: COLUMN Column A COLUMN Column B SCHEDULED PRINCIPAL PAYMENT DATE PAYMENT ON TERM LOANS 06/30/02 $250,000 09/30/02 $250,000 12/31/02 $250,000 03/31/03 $250,000 06/30/03 $250,000 09/30/03 $250,000 12/31/03 $250,000 03/31/04 $250,000 06/30/04 $250,000 09/30/04 $250,000 Scheduled Principal Payment Date Payment on Term Loans 03/31/10 $ 1,100,000 06/30/10 $ 1,100,000 09/30/10 $ 1,650,000 12/31/10 $ 1,650,000 03/31/11 $ 1,100,000 06/30/11 $ 1,100,000 09/30/11 $ 1,650,000 12/31/11 $ 1,650,000 Column A Column B Scheduled Principal Payment Date Payment on Term Loans 03/31/12 $ 1,100,000 06/30/12 $ 1,100,000 09/30/12 $ 1,650,000 12/31/12 $ 1,650,000 03/31/13 $ 1,100,000 06/30/13 $ 1,100,000 09/30/13 $ 1,650,000 , it being agreed that the a final payment comprised of both all principal and interest not sooner paid on the Term Loans shall be due and payable on December 19November 4, 2004 2013 the final maturity thereof. Each such principal payment shall be applied to the Lenders holding the Term Loans pro rata based upon their Term Loan Percentages.
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