Scheduled Prepayments. On each of the dates set forth below (each, a "Scheduled Prepayment Date"), the Company shall prepay that portion of the Adjusted Recapitalization Principal Amount of the Notes (as defined below) set forth below (the "Scheduled Principal Prepayment Percentage"): SCHEDULED SCHEDULED PRINCIPAL PREPAYMENT DATE PREPAYMENT PERCENTAGE --------------- --------------------- January 1, 2001 1.9328% March 29, 2001 0.5998% January 1, 2002 2.5862% January 1, 2003 2.6549% As used herein, the "Adjusted Principal Recapitalization Amount of the Notes" shall mean, as of the time at which such calculation is being made, an amount equal to the excess of (i) the outstanding principal amount of the Notes immediately after giving effect to all post- Closing adjustments thereto contemplated by Section 1.2 of the Merger 3 3 Agreement, over (ii) the sum of (w) all mandatory prepayments theretofore made by the Company pursuant to Section 2(c) of the Notes, (x) all scheduled prepayments theretofore made by the Company pursuant to Section 2(b) of the Notes (subject to Section 5(a) of the Notes), (y) all optional prepayments theretofore made by the Company pursuant to Section 2(d) of the Note, and (z) the principal amount of any notes delivered by ATX Stockholders pursuant to Section 1.2(i) of the Merger Agreement.
Scheduled Prepayments. The Notes of each Series shall be subject to required prepayments, if any, set forth in the Notes of such Series, provided, that upon any partial prepayment of the Notes of any Series pursuant to paragraph 4A(2), the principal amount of each required prepayment of the Notes of such Series becoming due under this paragraph 4A(1) on and after the date of such prepayment shall be reduced by a percentage equal to the product of (a) 100 and (b) the quotient arrived at by dividing the principal portion of the Notes of such Series so prepaid by the total principal amount of the Notes of such Series outstanding immediately prior to such prepayment.
Scheduled Prepayments. On December 17, 2012 and on each March 17, June 17, September 17 and December 17 thereafter to and including June 17, 2017 the Company will prepay $2,500,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Section 8.1(b), (c) or (d), Section 8.2 or Section 8.6, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1(a) on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment.
Scheduled Prepayments. The Notes of each Series shall be subject to scheduled prepayments, if any, set forth in the Notes of such Series.
Scheduled Prepayments. On April 30, 2004, the Company will pay all of the principal amount of the Series A Notes remaining outstanding on such date, if any. On April 30, 2004, the Company will pay $6,039,342.87 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. On September 1, 2004 and on each September 1 thereafter to and including September 1, 2008 the Company will pay $4,285,714.29 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. The Company will pay all of the principal amount of the Series B Notes remaining outstanding, if any, on September 1, 2008. Upon any partial prepayment of any series of the Notes pursuant to Section 8.1(b), Section 8.1(c), Section 8.1(d), Section 8.1(e), Section 8.1(f), Section 8.1(g), Section 8.1(h) or Section 8.2 or purchase of any series of the Notes permitted by Section 8.5 the principal amount of each required prepayment of any series of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be applied to the then remaining required principal payments in the inverse order of their maturities."
Scheduled Prepayments. The Borrower shall repay the principal amount of the Loans in the principal amounts on the following dates: Date Amounts ------ --------- October 31, 2004 $2,500,000 January 31, 2005 $2,500,000 April 30, 2005 $2,500,000 July 31, 2005 $2,500,000 October 31, 2005 $5,000,000 January 31, 2006 $5,000,000 April 30, 2006 $5,000,000 July 31, 2006 $5,000,000 October 31, 2006 $5,000,000 January 31, 2007 $5,000,000 April 30, 2007 $5,000,000 $55,000,000, plus all additional July 31, 2007 principal pursuant to Section 3.4(c) All outstanding Loans, including accrued interest and fees, shall be repaid on July 31, 2007. All prepayments under Sections 3.2 and 3.3 shall be applied to the above listed installments of Loans in inverse order of their maturities. All prepayments, whether voluntary or mandatory, shall be subject to Section 5.5.
Scheduled Prepayments. The Company shall make the prepayments of principal on the Notes required by Section 1.6, without payment of the Make-Whole Amount or any premium. Notwithstanding anything to the contrary contained herein or in any Note, however, the final payment due under each Note (whether at maturity, by acceleration or otherwise) shall be in an amount sufficient to pay in full all outstanding principal thereon together with all accrued interest and premium (if any) due hereon.
Scheduled Prepayments. 9 4A(2). Prepayments under the Bank Agreement. 10 4B. Optional Prepayment With Yield-Maintenance Amount. 10 4C. Notice of Optional Prepayment. 10 4D. Application of Prepayments. 11 4E.
Scheduled Prepayments. On November 11, 2019 and on each February 11, May 11, August 11 and November 11 thereafter to and including May 11, 2024 (each, a “Payment Date”) the Company will prepay $16,250,000 principal amount (or such lesser principal amount as shall then be outstanding) of the 2017 Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the 2017 Notes pursuant to Section 8.1(b), (c) or (d), Section 8.2 or Section 8.6 or any partial purchase of the 2017 Notes pursuant to Section 8.5, the principal amount of each required prepayment of the 2017 Notes becoming due under this Section 8.1(a) on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the 2017 Notes is reduced as a result of such prepayment or purchase. For the avoidance of doubt, after the Closing, the Company will prepay $9,770,000 principal amount of the Notes on each Payment Date pursuant to this Section 8.1(a).
Scheduled Prepayments. 9 4B. Optional Prepayment With Yield-Maintenance Amount. . . . . . . .9 4C.
