Scheduled Payments of Term Loans. The Borrower shall make principal payments on the Term Loans in installments on the twenty-fifth (25th) day of each March, June, September, and December in each year, commencing on September 25, 2005, with the amount of each such installment to equal $1,250,000, 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 June 29, 2010, the final maturity thereof. The Administrative Agent shall apply each such principal payment to the Lenders holding the Term Loans pro rata based upon their Term Percentages.
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Scheduled Payments of Term Loans. The Borrower Borrowers shall make principal payments on the Term Loans in installments on the twenty-fifth (25th) last day of each March, June, September, and December in each year, commencing on with the calendar quarter ending September 2530, 20052013, with the amount of each such principal installment to equal $1,250,000, it being agreed the amount set forth in Column B below shown opposite of the relevant due date as set forth in Column A below: ; provided 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 June 29, 2010, the final maturity thereofTerm Loan Maturity Date. The Administrative Agent shall apply each Each such principal payment shall be applied to the Term 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 equal installments on the twenty-fifth (25th) last day of each MarchJanuary, JuneApril, September, July and December October in each year, commencing on September 25with the calendar quarter ending October 31, 20052007, with the amount of each such principal installment equal to equal $1,250,000, 1,225,000; it being further agreed that the a final payment comprised of both all principal and interest not sooner paid on the Term Loans Loans, shall be due and payable on June 29September14, 20102013, the final maturity thereof. The Administrative Agent shall apply each such Each principal payment on the Term Loans 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 twenty-fifth (25th) last day of each March, June, September, and December in each year, commencing on with the calendar quarter ending September 2530, 20052007, with the amount of each such principal installment to equal $1,250,000112,500, 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 June 29August 9, 2010, 2013 the final maturity thereof. The Administrative Agent shall apply each 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 equal installments on the twenty-fifth (25th) last day of each March, June, September, and December in each year, commencing on September 25with the calendar quarter ending December 31, 20052011, with the amount of each such principal installment equal to equal $1,250,000, 178,571.43; it being further agreed that the a final payment comprised of both all principal and interest not sooner paid on the Term Loans Loans, shall be due and payable on June 29May 9, 20102014, the final maturity thereof. The Administrative Agent shall apply each such Each principal payment on the Term Loans 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 on a pro rata basis in quarterly installments on the twenty-fifth (25th) last day of each March, June, September, September and December in each year, commencing on September 25with the fiscal quarter ending December 31, 20052006, with each of the first 20 installments to be in the amount of each such installment to equal $1,250,0001,000,000, 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 June 29December 31, 20102011, the final maturity thereof. The Administrative Agent shall apply each 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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Samples: Credit Agreement (Penford Corp)