Scheduled Term Loan Payments. The principal amount of the Term Loan shall be paid in installments on the dates below, in each case in an amount equal to the sum of (x) the aggregate amount of Converted Revolving Loan Installment Amounts with respect to each Converted Revolving Loan which was converted into a portion of the Term Loan at least one full Fiscal Quarter prior to such date, and (y) the respective amounts shown below: December 31, 2011 $ 93,316.64 March 31, 2012 $ 93,316.64 June 30, 2012 $ 93,316.64 September 30, 2012 $ 93,316.64 December 31, 2012 $ 93,316.64 March 31, 2013 $ 93,316.64 June 30, 2013 $ 93,316.64 September 30, 2013 $ 93,316.64 December 31, 2013 $ 93,316.64 March 31, 2014 $ 93,316.64 June 30, 2014 $ 93,316.64 September 30, 2014 $ 93,316.64 December 31, 2014 $ 93,316.64 March 31, 2015 $ 93,316.64 June 30, 2015 $ 93,316.64 September 30, 2015 $ 93,316.64 December 31, 2015 $ 93,316.64 March 31, 2016 $ 93,316.64 June 30, 2016 $ 93,316.64 September 22, 2016 $ 5,692,315.37 The final scheduled installment of the Term Loan shall, in any event, be in an amount equal to the entire remaining principal balance of the Term Loan.
Appears in 3 contracts
Samples: Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.)
Scheduled Term Loan Payments. The principal amount of the Term Loan shall be paid in installments on the dates below, in each case in an amount equal to the sum of (x) the aggregate amount of Converted Revolving Loan Installment Amounts with respect to each Converted Revolving Loan which was converted into a portion of the Term Loan at least one full Fiscal Quarter prior to such date, and (y) the respective amounts shown below: December 31, 2011 $ 93,316.64 March 31, 2012 $ 93,316.64 June 30, 2012 $ 93,316.64 September 30, 2012 $ 93,316.64 December 31, 2012 $ 93,316.64 March 31, 2013 $ 93,316.64 June 30, 2013 $ 93,316.64 September 30, 2013 $ 93,316.64 December 31, 2013 $ 93,316.64 481,250 March 31, 2014 $ 93,316.64 481,250 June 30, 2014 $ 93,316.64 481,250 September 30, 2014 $ 93,316.64 481,250 December 31, 2014 $ 93,316.64 481,250 March 31, 2015 $ 93,316.64 481,250 June 30, 2015 $ 93,316.64 481,250 September 30, 2015 $ 93,316.64 481,250 December 31, 2015 $ 93,316.64 481,250 March 31, 2016 $ 93,316.64 481,250 June 30, 2016 $ 93,316.64 481,250 September 2230, 2016 $ 5,692,315.37 481,250 December 31, 2016 $ 481,250 March 31, 2017 $ 481,250 June 30, 2017 $ 481,250 September 30, 2017 $ 481,250 November 29, 2017 $ 30,800,000 The final scheduled installment of the Term Loan shall, in any event, be in an amount equal to the entire remaining principal balance of the Term Loan.β
Appears in 3 contracts
Samples: Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.)
Scheduled Term Loan Payments. The principal amount of the Term Loan shall be paid in installments on the dates below, and in each case in an amount equal to the sum of (x) the aggregate amount of Converted Revolving Loan Installment Amounts with respect to each Converted Revolving Loan which was converted into a portion of the Term Loan at least one full Fiscal Quarter prior to such date, and (y) the respective amounts shown below: December 31, 2011 $ 93,316.64 March 31, 2012 $ 93,316.64 June 30, 2012 $ 93,316.64 September 30, 2012 $ 93,316.64 December 31, 2012 $ 93,316.64 March 31, 2013 $ 93,316.64 June 30, 2013 $ 93,316.64 September 30, 2013 $ 93,316.64 December 31, 2013 $ 93,316.64 March 31Date of Payment Amount of Term Loan Payment April 1, 2014 $ 93,316.64 June 30417,500 July 1, 2014 $ 93,316.64 417,500 September 30, 2014 $ 93,316.64 417,500 December 3130, 2014 $ 93,316.64 March 31417,500 April 1, 2015 $ 93,316.64 417,500 June 30, 2015 $ 93,316.64 417,500 September 3029, 2015 $ 93,316.64 417,500 December 3129, 2015 $ 93,316.64 417,500 March 3129, 2016 $ 93,316.64 417,500 June 3028, 2016 $ 93,316.64 417,500 September 2227, 2016 $ 5,692,315.37 417,500 January 3, 2017 $ 417,500 April 4, 2017 $ 417,500 June 6, 2017 $ 417,500 October 3, 2017 $ 417,500 January 2, 2018 $ 417,500 April 3, 2018 $ 417,500 July 3, 2018 $ 417,500 October 2, 2018 $ 417,500 October 25, 2018 $ 159,067,500 The final scheduled installment of the Term Loan shall, in any event, be in an amount equal to the entire remaining principal balance of the Term Loan.
Appears in 2 contracts
Samples: Credit Agreement (Papa Murphy's Holdings, Inc.), Credit Agreement (Papa Murphy's Holdings, Inc.)