Scheduled Principal Payments. The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.
Scheduled Principal Payments. On each Interim Allocation Date prior to the occurrence of a Rapid Amortization as set forth in clause (e) of Section 9.1 of the Base Indenture, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account the Series 2011-1 Class A-2 Scheduled Principal Payments Amounts deemed to be “Senior Notes Scheduled Principal Payments Amounts” pursuant to, and to the extent that funds are available therefor in accordance with the provisions of, the Priority of Payments.
Scheduled Principal Payments. (a) This Note shall not be subject to any required principal payment prior to the Maturity Date, other than as expressly set forth in Article VII.
(b) On the Maturity Date, the Company shall pay the then-outstanding principal amount of this Note and all accrued and unpaid interest thereon.
Scheduled Principal Payments. Each Revolving Senior Advance, each Revolving Mezz Advance and all other Obligations shall be due and payable on the Maturity Date or on any earlier acceleration thereof. Notwithstanding the preceding sentence, so long as there is no continuing and uncured Event of Default existing on and as of the Maturity Date, Borrower may repay its outstanding Revolving Advances through but no later than the Runoff Date but otherwise in accordance with the other provisions of this Section 2.4.
Scheduled Principal Payments. The principal amount of Revolving Loans shall be due and payable in full on the Maturity Date.
Scheduled Principal Payments. 2528 Section 2.5 Interest on Revolving Loans 2628 Section 2.6 Conversion/Continuation 2729 Section 2.7 Default Rate of Interest 2730 Section 2.8 Fees 2730 Section 2.9
Scheduled Principal Payments. The principal amount of the Advances, together with all interest and fees due thereon, and all other outstanding Obligations shall be paid in full in cash on the Maturity Date.
Scheduled Principal Payments. Beginning on June 28, 1999, ---------------------------- and on each Quarterly Payment Date thereafter, Borrower will, in addition to paying any interest then due on the Loans, make a principal payment in accordance with the following schedule: Quarterly Amount Payment Date of Payment --------------- ---------- June 28, 1999 $4,000,000 Sept 28, 1999 $4,000,000 Dec 29, 1999 $4,000,000 Mar 29, 2000 $3,000,000 June 28, 2000 $3,000,000 Sept 28, 2000 $3,000,000 Dec 29, 2000 $3,000,000 Mar 28, 2001 $2,500,000 June 28, 2001 $2,500,000 Sept 28, 2001 $2,500,000 Dec 29, 2001 $2,500,000 Mar 29, 2002 $2,250,000 June 28, 2002 $2,250,000 Sept 28, 2002 $2,250,000 Dec 29, 2002 $2,250,000 Mar 29, 2003 $2,000,000 The principal installments required by this Section 2.8 are in addition to all other principal payments required by the terms of this Agreement.
Scheduled Principal Payments. Series 2011-1 Class A-2 Scheduled Principal Payments will be due and payable on any applicable Payment Date, as and when amounts are made available for payment thereof (i) on any related Interim Allocation Date in accordance with the Priority of Payments and (ii) on such Payment Date in accordance with Section 5.14 of the Base Indenture, in the amount so available, and failure to pay any Series 2011-1 Class A-2 Scheduled Principal Payment in excess of such amounts will not be an Event of Default.
Scheduled Principal Payments. Borrower shall make the following principal installment payments to Lender on account of the Loan in accordance with the following amortization schedule: June 30, 2008 $ 15,000,000 July 31, 2008 $ 5,000,000 September 30, 2008 $ 20,000,000 December 31, 2008 $ 20,000,000 March 31, 2009 $ 20,000,000 provided, however, that Borrower may, on written notice to Lender received by Lender at least ten (10) days prior to September 30, 2008, elect to defer until not later than December 31, 2008 (the period, if Borrower makes such deferral election, from September 30, 2008 to the earlier of (a) December 31, 2008 and (b) the date on which the Deferred Amount is repaid in full, the “Deferral Period”) up to $10,000,000 of the principal installment of the Loan otherwise due and payable on September 30, 2008 (the principal amount which Borrower elects to defer, the “Deferred Amount”). Notwithstanding anything to the contrary herein, Borrower shall pay to Lender on the Maturity Date the remaining outstanding principal balance of the Loan, all accrued and unpaid interest thereon, and all other amounts due hereunder and under the Note and the other Loan Documents.
