Scheduled Repayments of Term Loans. On the last day of each calendar quarter of the Borrower commencing with the fiscal quarter ending June 30, 2020, the Borrower shall repay the principal amount of the Term Loans in equal quarterly installments of the annual amortization amount set forth below, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Sections 2.12(a) and 2.12(c), a “Scheduled Repayment”): Closing Date through June 29, 2021 2.5% June 30, 2021 through June 29, 2022 5.0% June 30, 2022 through June 29, 2023 7.5% June 30, 2023 through June 29, 2024 7.5% June 30, 2024 through December 31, 2024 10.0% Term Loan Maturity Date Remaining Balance of Term Loans In addition to the foregoing, the Borrower shall pay to the Administrative Agent, for the account of the Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.12(a), 2.12(c) and 2.15(f)) equal to the amount (if any) set forth for such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Incremental Term Loans shall be due and payable on the applicable Incremental Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
Scheduled Repayments of Term Loans. On each of the dates set forth below, the Borrower shall repay the principal amount of the Term Loans (with amounts being deemed applied to the non-Hedged Portion of the Term Loan first) in the amount set forth opposite such date, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 5.1(c), a “Scheduled Repayment”): December 31, 2009 $ 2,000,000 March 31, 2010 $ 2,000,000 June 30, 2010 $ 2,000,000 September 30, 2010 $ 2,000,000 December 31, 2010 $ 2,500,000 March 31, 2011 $ 2,500,000 June 30, 2011 $ 2,500,000 September 30, 2011 $ 2,500,000 December 31, 2011 $ 3,000,000 March 31, 2012 $ 3,000,000 June 30, 2012 $ 3,000,000 Term Loan Maturity Date $ 53,000,000
Scheduled Repayments of Term Loans. The principal amount of the Term Loans outstanding shall be payable by the Company in equal quarterly installments each in an amount equal to 0.25% times the aggregate principal amount of all Term Loans outstanding on the second anniversary of the Closing Date, commencing on June 30, 2008 and continuing on the last day of each September, December, March and June thereafter, provided that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 2.16(c), a “Scheduled Repayment”).
Scheduled Repayments of Term Loans. On each of the dates set forth below, the Borrower shall repay the principal amount of the Term Loans (other than Other Term Loans) in the amount set forth opposite such date, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Sections 2.13(a) and 2.13(c) and as may be increased pursuant to Section 2.17(e), a “Scheduled Repayment”): September 30, 2023 $750,000 December 31, 2023 $750,000 March 31, 2024 $750,000 June 30, 2024 $750,000 September 30, 2024 $750,000 December 31, 2024 $750,000 March 31, 2025 $750,000 June 30, 2025 $750,000 September 30, 2025 $1,125,000 December 31, 2025 $1,125,000 March 31, 2026 $1,125,000 June 30, 2026 $1,125,000 September 30, 2026 $1,125,000 December 31, 2026 $1,125,000 March 31, 2027 $1,125,000 June 30, 2027 $1,125,000 September 30, 2027 $1,500,000 December 31, 2027 $1,500,000 March 31, 2028 $1,500,000 Term Loan Maturity Date Remainder of Term Loans In addition to the foregoing, the Borrower shall pay to the Administrative Agent, for the account of the Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections2.13(a), 2.13(c) and 2.13(d)) equal to the amount set forth for such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Incremental Term Loans shall be due and payable on the applicable Incremental Term Loan Maturity Date and all Incremental Revolving Loans shall be due and payable on the applicable Revolving Facility Termination Date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.
Scheduled Repayments of Term Loans. The Borrowers shall pay jointly and severally to the Agent for the account of the Lenders principal of the Term Loans in [ 16] consecutive quarterly installments in the amounts set forth below, payable on each Quarterly Date falling during the periods set forth below, commencing on November 1, 1999: Period Amount ------ ---------- Closing Date - August 9, 1999 $ -0- November 1, 1999 through August 14, 2000 $ 625,000 November 6, 2000 through August 13, 2001 $ 750,000 November 5, 2001 through August 12, 2002 $ 875,000 November 4, 2002 through August 11, 2003 $1,000,000 All remaining principal, interest and other amounts payable in respect of the Term Loans will, if not sooner paid, become due and payable on the Term Loan Maturity Date.
Scheduled Repayments of Term Loans. The Borrower shall make ---------------------------------- principal payments on the Term Loans in installments on the dates and in the amounts set forth below: Scheduled Date Repayment of Term Loans ------ ---------------------------- September 30, 1998 $4,000,000 September 30, 1999 $4,000,000 September 30, 2000 $4,000,000 September 30, 2001 $4,000,000 September 30, 2002 $4,000,000 September 30, 2003 $4,000,000 September 30, 2004 $4,000,000 September 30, 2005 $4,000,000 September 30, 2006 $4,000,000 September 30, 2007 $4,000,000 March 31, 2008 $360,000,000 ; provided that the scheduled installments of principal of the Term Loans set -------- forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsections 2.4(a), 2.4(c) or 2.4(d) and provided, further that the Term Loans and all other amounts owed -------- ------- hereunder with respect to the Term Loans shall be paid in full no later than March 31, 2008, and the final installment payable by the Borrower in respect of the 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 the Borrower under this Agreement with respect to the Term Loans.
Scheduled Repayments of Term Loans. On each of the dates set forth below, the Borrower shall repay the principal amount of the Term Loans in the amount set forth opposite such date, except that the payment due on the applicable Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the respective outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 2.13(a) or Section 2.13(c), a “Scheduled Repayment”): October 6, 2005 $ 8,500,000.00 $ 1,250,000.00 January 6, 2006 $ 8,500,000.00 $ 1,250,000.00 April 6, 2006 $ 8,750,000.00 $ 625,000.00 July 6, 2006 $ 8,750,000.00 $ 625,000.00 October 6, 2006 $ 8,750,000.00 $ 625,000.00 January 6, 2007 $ 8,750,000.00 $ 625,000.00 April 6, 2007 $ 13,000,000.00 $ 625,000.00 July 6, 2007 $ 13,000,000.00 $ 625,000.00 October 6, 2007 $ 13,000,000.00 $ 625,000.00 January 6, 2008 $ 13,000,000.00 $ 625,000.00 April 6, 2008 $ 13,000,000.00 $ 625,000.00 July 6, 2008 $ 13,000,000.00 $ 625,000.00 October 6, 2008 $ 13,000,000.00 $ 625,000.00 January 6, 2009 $ 13,000,000.00 $ 625,000.00 April 6, 2009 $ 17,250,000.00 $ 625,000.00 July 6, 2009 $ 17,250,000.00 $ 625,000.00 October 6, 2009 $ 17,250,000.00 $ 625,000.00 January 6, 2010 $ 17,250,000.00 $ 625,000.00 Xxxxx 0, 0000 XX $ 29,687,500.00 July 6, 2010 NA $ 29,687,500.00 October 6, 2010 NA $ 29,687,500.00 44 Credit Agreement January 6, 2011 NA $ 29,687,500.00 Xxxxx 0, 0000 XX $ 29,687,500.00 July 6, 2011 NA $ 29,687,500.00 October 6, 2011 NA $ 29,687,500.00 January 6, 2012 NA $ 29,687,500.00 Total: $ 225,000,000.00 $ 250,000,000.00
Scheduled Repayments of Term Loans. On the last Business Day of each March, June, September and December, commencing (x) in the case of the Initial Term Loans, with the last Business Day of the Borrower’s second full fiscal quarter following the Closing Date or (y) in the case of any Delayed Draw Term Loans, with the last Business Day of the Borrower’s first full fiscal quarter following the corresponding Delayed Draw Funding Date, the Borrower shall repay the principal amount of the Initial Term Loans or the Delayed Draw Term Loans, as applicable, equal to 0.25% multiplied by the original principal amount of the Initial Term Loans or the Delayed Draw Term Loans, as applicable, except that (i) the payment due on the Initial Term Loan Maturity Date in respect of each of the Initial Term Loans and the Delayed Draw Term Loans shall in any event be in the amount of the entire remaining principal amount of the outstanding Initial Term Loans and Delayed Draw Term Loans and (ii) if any Delayed Draw Term Loans are borrowed after any Scheduled Repayment is made on the Initial Term Loans, the payment due with respect to the Initial Term Loans or the Delayed Draw Term Loans, as applicable, shall be adjusted in an amount equal to the amount required so that the Delayed Draw Term Loans and the Initial Term Loans shall be fungible (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Section 2.15(a) and Section 2.15(c), or increased pursuant to the final sentence of Section 2.18(f), a “Scheduled Repayment”). In addition to the foregoing, the Borrower shall pay to the Administrative Agent, for the account of the Lenders, (i) on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Section 2.15(a) and Section 2.15(c)) equal to the amount set forth for such date in the applicable Incremental Term Loan Assumption Agreement and (ii) on each scheduled repayment date in respect of Term Loans modified pursuant to a Permitted Amendment, a principal amount equal to the amount set forth for such date in the applicable Loan Modification Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. To the extent not previously paid, all Incremental Term Loans shall be due and payable on the applicable Maturity Date and all Incremental Revolving Loans and Incremental Initial Revolving Loans shall be due and payable...
Scheduled Repayments of Term Loans. On the last Business Day of each March, June, September and December, commencing with the first such date which follows the Revolving Termination Date and continuing until the last such date which is prior to the Maturity Date, the Borrower shall be required to, and shall, repay an amount equal to 12.5% of the aggregate principal amount of the Term Loans made on the Revolving Termination Date, and on the Maturity Date the Borrower shall repay the entire remaining aggregate principal amount of the outstanding Term Loans (each such repayment, a "Scheduled Repayment"). Voluntary prepayments of the Term Loans pursuant to section 3.1 and mandatory prepayments of the Term Loans pursuant to section 3.2(c) will be applied to the Scheduled Repayments in order of maturity.
Scheduled Repayments of Term Loans. Borrower shall repay the principal amount of the Term Loans in accordance with the amortization schedule below, except that the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loans (each such repayment, as the same may be reduced by reason of the application of prepayments pursuant to Sections 2.11(a) and 2.11(c), a “Scheduled Repayment”): 39 December 19, 2014 $15,000,000 $30,000,000 March 19, 2015 $25,000,000 $20,000,000 Term Loan Maturity Date $45,000,000 $0
