Common use of Scheduled Term Loan Payments Clause in Contracts

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: Date of Payment Amount of Term Loan Payment December 31, 2013 $ 481,250 March 31, 2014 $ 481,250 June 30, 2014 $ 481,250 September 30, 2014 $ 481,250 December 31, 2014 $ 481,250 March 31, 2015 $ 481,250 June 30, 2015 $ 481,250 September 30, 2015 $ 481,250 December 31, 2015 $ 481,250 March 31, 2016 $ 481,250 June 30, 2016 $ 481,250 September 30, 2016 $ 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.”

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: Date of Payment Amount of Term Loan Payment 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 $ 481,250 93,316.64 June 30, 2013 $ 93,316.64 September 30, 2013 $ 93,316.64 December 31, 2013 $ 93,316.64 March 31, 2014 $ 481,250 93,316.64 June 30, 2014 $ 481,250 93,316.64 September 30, 2014 $ 481,250 93,316.64 December 31, 2014 $ 481,250 93,316.64 March 31, 2015 $ 481,250 93,316.64 June 30, 2015 $ 481,250 93,316.64 September 30, 2015 $ 481,250 93,316.64 December 31, 2015 $ 481,250 93,316.64 March 31, 2016 $ 481,250 93,316.64 June 30, 2016 $ 481,250 93,316.64 September 3022, 2016 $ 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 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.”

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: Date of Payment Amount of Term Loan Payment December 31, 2012 $ 312,500 March 31, 2013 $ 481,250 312,500 June 30, 2013 $ 312,500 September 30, 2013 $ 312,500 December 31, 2013 $ 312,500 March 31, 2014 $ 481,250 312,500 June 30, 2014 $ 481,250 312,500 September 30, 2014 $ 481,250 312,500 December 31, 2014 $ 481,250 312,500 March 31, 2015 $ 481,250 312,500 June 30, 2015 $ 481,250 312,500 September 30, 2015 $ 481,250 312,500 December 31, 2015 $ 481,250 312,500 March 31, 2016 $ 481,250 312,500 June 30, 2016 $ 481,250 312,500 September 30, 2016 $ 481,250 312,500 December 31, 2016 $ 481,250 312,500 March 31, 2017 $ 481,250 312,500 June 30, 2017 $ 481,250 312,500 September 30, 2017 $ 481,250 312,500 November 29, 2017 $ 30,800,000 18,750,000 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.”