Common use of Scheduled Payments of Tranche A Term Loans Clause in Contracts

Scheduled Payments of Tranche A Term Loans. ACI shall make principal payments in ADollars on the Tranche A Term Loans in installments on the dates and in the amounts set forth below: Date Scheduled Repayment— Tranche A Term Loans September 30, 2008 A$3,750,000 December 31, 2008 A$3,750,000 March 31, 2009 A$3,750,000 June 30, 2009 A$3,750,000 September 30, 2009 A$3,750,000 December 31, 2009 A$3,750,000 March 31, 2010 A$3,750,000 June 30, 2010 A$3,750,000 September 30, 2010 A$22,500,000 December 31, 2010 A$22,500,000 March 31, 2011 A$22,500,000 June 30, 2011 A$22,500,000 September 30, 2011 A$45,000,000 December 31, 2011 A$45,000,000 March 31, 2011 A$45,000,000 Tranche A Term Loan Maturity Date A$45,000,000 Total: A$300,000,000 ; provided that the scheduled installments of principal of the Tranche A Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans in accordance with subsection 2.4B(iii) and increased ratably in connection with any increase of the Tranche A Term Loans pursuant to subsection 2.1A(vi); and provided, further that the Tranche A Term Loans and all other amounts owed hereunder with respect to the Tranche A Term Loans shall be paid in full no later than June 15, 2012, and the final installment payable by ACI in respect of the Tranche A 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 ACI under this Agreement with respect to the Tranche A Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Owens Illinois Group Inc)

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Scheduled Payments of Tranche A Term Loans. ACI The Borrower shall ------------------------------------------ make principal payments in ADollars on the Tranche A Term Loans in installments on the dates March 31, June 30, September 30 and December 31 of each year, commencing on September 30, 1998, in the amounts set forth belowopposite the corresponding Payment Date as follows: [CONTINUED ON NEXT PAGE] Scheduled Repayment Payment Date Scheduled Repayment— of Tranche A Term Loans September 30, 2008 A$------------ ----------------------- 9/30/98 $ 2,500,000 12/31/98 $ 2,500,000 3/31/99 $ 2,500,000 6/30/99 $ 2,500,000 9/30/99 $ 3,750,000 December 31, 2008 A$12/31/99 $ 3,750,000 March 31, 2009 A$3/31/00 $ 3,750,000 June 30, 2009 A$6/30/00 $ 3,750,000 September 30, 2009 A$3,750,000 December 31, 2009 A$3,750,000 March 31, 2010 A$3,750,000 June 30, 2010 A$3,750,000 September 30, 2010 A$22,500,000 December 31, 2010 A$22,500,000 March 31, 2011 A$22,500,000 June 30, 2011 A$22,500,000 September 30, 2011 A$45,000,000 December 31, 2011 A$45,000,000 March 31, 2011 A$45,000,000 Tranche A Term Loan Maturity Date A$45,000,000 Total: A$300,000,000 ; 9/30/00 $ 5,000,000 12/31/00 $ 5,000,000 3/31/01 $ 5,000,000 6/30/01 $ 5,000,000 9/30/01 $12,500,000 12/31/01 $12,500,000 3/31/02 $12,500,000 6/30/02 $12,500,000 9/30/02 $18,750,000 12/31/02 $18,750,000 3/31/03 $18,750,000 6/30/03 $18,750,000 9/30/03 $25,000,000 12/31/03 $25,000,000 3/31/04 $25,000,000 6/30/04 $25,000,000 provided that the scheduled installments of principal of the Tranche A Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans in accordance with subsection 2.4B(iii) and increased ratably 2.6 (as provided in connection with any increase of the Tranche A Term Loans pursuant to subsection 2.1A(visuch subsection); and provided, provided further that the Tranche A Term Loans and all other amounts owed hereunder with respect to the Tranche A Term Loans shall be paid in full no later than June 15, 2012the Tranche A Term Loan Termination Date, and the final installment payable by ACI the Borrower in respect of the Tranche A 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 ACI the Borrower under this Agreement with respect to the Tranche A Term Loans.. [CONTINUED ON NEXT PAGE]

Appears in 1 contract

Samples: Credit Agreement (P&l Coal Holdings Corp)

Scheduled Payments of Tranche A Term Loans. ACI Borrower shall make principal payments in ADollars on the Tranche A Term Loans in installments on the dates last Business Day of each of the months and in the amounts set forth below: Date Scheduled Repayment— Tranche A Term Loans September 30DATE SCHEDULED REPAYMENT December, 2008 A$3,750,000 December 312002 $1,125,000 March, 2008 A$3,750,000 March 312003 $1,125,000 June, 2009 A$3,750,000 June 302003 $1,437,500 September, 2009 A$3,750,000 September 302003 $1,437,500 December, 2009 A$3,750,000 December 312003 $1,437,500 March, 2009 A$3,750,000 March 312004 $1,437,500 June, 2010 A$3,750,000 June 302004 $2,000,000 September, 2010 A$3,750,000 September 302004 $2,000,000 December, 2010 A$22,500,000 December 312004 $2,000,000 March, 2010 A$22,500,000 March 312005 $2,000,000 June, 2011 A$22,500,000 June 302005 $2,562,500 September, 2011 A$22,500,000 September 302005 $2,562,500 December, 2011 A$45,000,000 December 312005 $2,562,500 March, 2011 A$45,000,000 March 312006 $2,562,500 June, 2011 A$45,000,000 2006 $2,875,000 September, 2006 $2,875,000 December, 2006 $2,875,000 March, 2007 or the Tranche A Term Loan Maturity Date A$45,000,000 Date, $2,875,000 whichever is earlier Total: A$300,000,000 $37,750,000 ; provided that the scheduled installments of principal of the Tranche A Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans in accordance with subsection 2.4B(iii) and increased ratably in connection with any increase of the Tranche A Term Loans pursuant to subsection 2.1A(vi2.4B(iv); and provided, further that the Tranche A Term Loans and all other amounts owed hereunder with respect to the Tranche A Term Loans shall be paid in full no later than June 15March 4, 20122007 (the "Tranche A Term Loan Maturity Date"), and the final installment payable by ACI Borrower in respect of the Tranche A 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 ACI Borrower under this Agreement with respect to the Tranche A Term Loans; and provided, further that if the aggregate principal amount of the Tranche A Term Loans is increased pursuant to subsection 2.1A(iv), then each scheduled principal repayment to be made after such increase becomes effective shall be increased by an amount equal to (a) the aggregate principal amount of the increase in the Tranche A Term Loans pursuant to subsection 2.1A(iv) multiplied by (b) an amount equal to (x) such scheduled repayment amount divided by (y) the aggregate principal amount of the Tranche A Term Loans to be repaid immediately prior to giving effect to the increase in the Tranche A Term Loans made pursuant to subsection 2.1A(iv).

Appears in 1 contract

Samples: Credit Agreement (Integrated Defense Technologies Inc)

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Scheduled Payments of Tranche A Term Loans. ACI shall make principal payments in ADollars on the Tranche A Term Loans in installments on the dates and in the amounts set forth below: Date Scheduled Repayment— Repayment- Tranche A Term Loans September 30, 2008 A$3,750,000 2012 A$ 2,125,625.00 December 31, 2008 A$3,750,000 2012 A$ 2,125,625.00 March 31, 2009 A$3,750,000 2013 A$ 2,125,625.00 June 30, 2009 A$3,750,000 2013 A$ 2,125,625.00 September 30, 2009 A$3,750,000 2013 A$ 6,376,875.00 December 31, 2009 A$3,750,000 2013 A$ 6,376,875.00 March 31, 2010 A$3,750,000 2014 A$ 6,376,875.00 June 30, 2010 A$3,750,000 2014 A$ 6,376,875.00 September 30, 2010 A$22,500,000 2014 A$ 8,502,500.00 December 31, 2010 A$22,500,000 2014 A$ 8,502,500.00 March 31, 2011 A$22,500,000 2015 A$ 8,502,500.00 June 30, 2011 A$22,500,000 2015 A$ 8,502,500.00 September 30, 2011 A$45,000,000 2015 A$ 25,507,500.00 December 31, 2011 A$45,000,000 2015 A$ 25,507,500.00 March 31, 2011 A$45,000,000 2016 A$ 25,507,500.00 Tranche A Term Loan Maturity Date A$45,000,000 A$ 25,509,460.00 Total: A$300,000,000 A$ 170,051,960.00 ; provided that the scheduled installments of principal of the Tranche A Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans in accordance with subsection 2.4B(iii) and increased ratably in connection with any increase of the Tranche A Term Loans pursuant to subsection 2.1A(vi2.1A(vii); and provided, further that the Tranche A Term Loans and all other amounts owed hereunder with respect to the Tranche A Term Loans shall be paid in full no later than June 15May 19, 20122016, and the final installment payable by ACI in respect of the Tranche A 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 ACI under this Agreement with respect to the Tranche A Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Owens-Illinois Group Inc)

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