Scheduled Repayment of Term Loans. The Borrower shall repay entire remaining principal amount of the outstanding Term Loans in full on the Maturity Date.
Scheduled Repayment of Term Loans. (a) Except to the extent due or made sooner pursuant to the terms and conditions of this Agreement, including pursuant to SECTIONS 2.4 and 2.5, the Borrower will repay the aggregate outstanding principal amount of the Term Loans in the amounts and on the dates set forth below: Date Principal Payment ---- ----------------- June 30, 1997 775,000 September 30, 1997 700,000 December 31, 1997 500,000 March 31, 1998 900,000 June 30, 1998 1,600,000 September 30, 1998 1,400,000 December 31, 1998 1,100,000 March 31, 1999 1,100,000 June 30, 1999 1,600,000 September 30, 1999 1,600,000 December 31, 1999 1,300,000 March 31, 2000 1,500,000 June 30, 2000 1,900,000 September 30, 2000 2,000,000 December 31, 2000 2,200,000 March 31, 2001 2,200,000 June 30, 2001 2,200,000 September 30, 2001 2,200,000 December 31, 2001 2,500,000 March 31, 2002 2,000,000 June 30, 2002 1,400,000
(b) Notwithstanding any other provision in this Agreement, the then aggregate outstanding principal amount of the Term Loans shall be due and payable in full on June 30, 2002.
Scheduled Repayment of Term Loans. (a) The Borrowers shall repay the aggregate outstanding principal amount of the Term A Loans in consecutive quarterly installments on the last Business Day of each of September, December, March and June and on the Term A Loan Maturity Date, in an amount equal to the amount obtained by multiplying the corresponding quarterly percentage TIMES the aggregate principal amount of the Term A Loans outstanding on the last Business Day of June, 2004 in accordance with the following table: -------------------------------- --------------------------- -------------- Quarters Ending Reduction Total Per Quarterly Payment Reduction -------------------------------- --------------------------- -------------- 6/30/2004 through 9/30/2004 1.25% 2.5% 12/31/2004 through 9/30/2005 2.50% 10.0% 12/31/2005 through 9/30/2006 6.25% 25.0% 12/31/2006 through 6/30/2008 7.50% 10.0% ------ 100.0% -------------------------------- --------------------------- -------------- If not sooner paid, the Term A Loans shall be paid in full, together with accrued interest thereon and any other amounts payable with respect thereto, on the Term A Loan Maturity Date.
(b) The Borrowers shall repay the aggregate outstanding principal amount of the Term B Loans in consecutive quarterly installments on the last Business Day of each of September, December, March and June and on the Term B Loan Maturity Date, by multiplying the corresponding quarterly percentage TIMES the aggregate principal amount of the Term B Loans outstanding on the last Business Day of June, 2004 in accordance with the following table: ------------------------------ ----------------------------- ---------------- Quarters Ending Reduction Total Per Quarterly Payment Reduction ------------------------------ ----------------------------- ---------------- 6/30/2004 through 9/30/2008 0.25% 4.5% 12/30/2008 47.5% 47.5% Term B Loan Maturity Date N/A 48.0% ------ 100.0% ------------------------------ ----------------------------- ---------------- If not sooner paid, the Term B Loans shall be paid in full, together with accrued interest thereon and any other amounts payable with respect thereto, on the Term B Loan Maturity Date.
(c) The Borrowers shall repay the entire aggregate outstanding principal amount of the Term C Loans (including any outstanding Term C Loan Deferred Interest), on the Term C Loan Maturity Date.
(d) The Borrowers shall repay the aggregate outstanding principal amount of the Term D Loans in consecutive quarterly installments ...
Scheduled Repayment of Term Loans. On the Term Loan Maturity Date and on each Payment Date set forth below, the Company shall make a scheduled repayment of the aggregate outstanding principal amount, if any, of all Term Loans in an amount equal to the percentage of the aggregate outstanding principal amount of Term Loans on the Term Loan Funding Date (immediately after the making of the Term Loans on such date) set forth below opposite the Term Loan Maturity Date or such Payment Date, as applicable: July 1, 2011 1.25 % September 30, 2011 1.25 % December 30, 2011 1.25 % March 30, 2012 1.25 % June 29, 2012 1.25 % September 28, 2012 1.25 % December 28, 2012 1.25 % March 29, 2013 1.25 % June 28, 2013 2.50 % September 27, 2013 2.50 % January 3, 2014 2.50 % April 4, 2014 2.50 % July 4, 2014 2.50 % October 3, 2014 2.50 % January 2, 2015 2.50 % April 3, 2015 2.50 % July 3, 2015 17.50 % October 2, 2015 17.50 % January 1, 2016 17.50 % April 1, 2016 17.50 % Term Loan Maturity Date The then outstanding principal amount of all Term Loans Each prepayment of Term Loans pursuant to Section 2.05(a) shall be applied to reduce ratably the remaining installments of principal due after the date of such prepayment.
Scheduled Repayment of Term Loans. Commencing on the last day of the first full fiscal quarter following the Closing Date, the Borrower shall repay the aggregate outstanding principal amount of all Term Loans, in equal quarterly installments, in each of the relevant one-year periods (each an “Annual Period”) following the Closing Date set forth in the grid below in an amount equal to the product of (i) the percentage set forth opposite such Annual Period in the grid below (the “Repayment Percentage”) and (ii) the Term Loan Committed Amount: First Year 5% Second Year 5% Third Year 10% Fourth Year 10% Fifth Year 70%
Scheduled Repayment of Term Loans. (a) The principal amounts of the Initial Term Loans shall be repaid in consecutive quarterly installments in the aggregate amounts set forth below corresponding to the Deferring Lender Initial Term Loans, on the one hand, and the Other Initial Term Loans, on the other (in each case as adjusted pursuant to Section 2.10(b)), (the amounts due on each date set forth in the table below in respect of Other Initial Term Loans and Deferring Lender Initial Term Loans being referred to, collectively, as an “Initial Term Loan Installment”) together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment, on the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009 and on the Maturity Date: December 31, 2009 $ 2,450,892.86 $ 2,705,357.14 $ 5,156,250.00 March 31, 2010 $ 990,259.74 $ 1,093,073.59 $ 2,083,333.33 June 30, 2010 $ 990,259.74 $ 1,093,073.59 $ 2,083,333.33 September 30, 2010 $ 990,259.74 $ 1,093,073.59 $ 2,083,333.33 December 31, 2010 $ 6,535,714.28 $ 7,214,285.72 $ 13,750,000.00 March 31, 2011 $ 8,169,642.85 $ 0.00 $ 8,169,642.85 June 30, 2011 $ 8,169,642.85 $ 0.00 $ 8,169,642.85 September 30, 2011 $ 8,169,642.85 $ 0.00 $ 8,169,642.85 December 31, 2011 $ 8,169,642.85 $ 0.00 $ 8,169,642.85 March 31, 2012 $ 13,888,392.85 $ 15,330,357.15 $ 29,218,750.00 June 30, 2012 $ 13,888,392.85 $ 15,330,357.15 $ 29,218,750.00 September 30, 2012 $ 13,888,392.85 $ 15,330,357.15 $ 29,218,750.00 Maturity Date $ 13,888,392.85 $ 15,330,357.15 $ 29,218,750.00 Total $ 100,189,529.19 $ 74,520,292.23 $ 174,709,821.42 provided, that if the Conversion Date and the borrowing of the Class B Term Loans does not occur, the table above shall be replaced with the table set forth in Section 2.10(a) of the Credit Agreement as in effect immediately prior to the Second Amendment Effective Date.
(b) The Initial Term Loan Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Initial Term Loans, as the case may be, in accordance with Sections 2.11, 2.12 and 2.13, as applicable; and the Initial Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Maturity Date.
(c) The principal amounts of the Class B Term Loans shall be repaid in full in a single installment on the Maturity Date, together with accrued and unpaid interest thereon to but excluding the Maturity Date.
(k) The ...
Scheduled Repayment of Term Loans. The entire outstanding principal balance of the Term Loans shall be repaid in full on the Term Loan Maturity Date. Prior thereto the Borrower shall, on each Quarterly Payment Date, make a scheduled repayment of the outstanding principal amount, if any, of the Term Loans of all Lenders in the aggregate amounts and on the Quarterly Payment Dates set forth in SCHEDULE 4.3.1.
Scheduled Repayment of Term Loans. On the Stated Maturity Date and on each Payment Date set forth below, the Company shall make a scheduled repayment of the aggregate outstanding principal amount, if any, of all Term Loans in an amount equal to the percentage of the aggregate outstanding principal amount of Term Loans on the Funding Date (immediately after the making of the Term Loans on such date) set forth below opposite the Stated Maturity Date or such Payment Date, as applicable:
Scheduled Repayment of Term Loans. The Borrower shall repay the Term Loan ratably on each quarterly Payment Date (commencing with the first Payment Date specified below) that falls on or prior to the Maturity Date in the aggregate principal amount of Term Loans set forth below opposite the relevant Payment Date (each such amount, a "Term Loan Repayment Amount"), as the same may be reduced as provided in Sections 2.07 and 2.08 hereof Notwithstanding anything to the contrary herein, on the Maturity Date the Borrower shall repay the outstanding principal amount of the Term Loans. Payment Date (as may be adjusted in accordance with the definition thereof) Term Loan Repayment Amount (as may be reduced in accordance with Sections 2.07 and 2.08) 1 March 15, 2015 $ 6,000,000.00 2 June 15, 2015 $ 6,000,000.00 3 September 15, 2015 $ 6,000,000.00 4 Maturity Date Remaining outstanding principal amount of Term Loans
Scheduled Repayment of Term Loans. The Borrower shall pay to the Administrative Agent for the account of each Lender the principal of each of the Term Loans outstanding as of the Term Loan Commitment Termination Date (and the principal of each of the Term Loans outstanding as of the Term Loan Commitment Termination Date shall be due and payable) in 16 quarterly installments, commencing on December 31, 2003 and continuing on each Quarterly Date thereafter through and including the Term Loan Maturity Date, each of which installments shall be in an amount equal to the percentage of the principal amount of the Term Loans outstanding as of the Term Loan Commitment Termination Date specified opposite such installment in the following table: ========================================== ========================================== Percentage of the Aggregate Principal Amount of each of the Quarterly Date Term Loans Due and Payable -------------- ------------------------------------ December 31, 2003 3.75% ------------------------------------------ ------------------------------------------ March 31, 2004 3.75% ------------------------------------------ ------------------------------------------
