Term A-2 Loans. The European Borrower shall repay to the Term A-2 Lenders the aggregate principal amount of all Term A-2 Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05): Date Amount The last Business Day of each of the first four fiscal quarters of Parent occurring in 2013.after the first anniversary of the Third Amendment Effective Date. 01.25% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. The last Business Day of each of the first four fiscal quarters of Parent occurring in 2014.after the second anniversary of the Third Amendment Effective Date. 3.08253.75% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. The last Business Day of each of the first four fiscal quarters of Parent occurring in 2015.after the third anniversary of the Third Amendment Effective Date. 5.485.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. The last Business Day of each of the first three fiscal quarters of Parent occurring in 2016.after the fourth anniversary of the Third Amendment Effective Date. 13.1515.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. provided, however, that the final principal repayment installment of the Term A-2 Loans shall be repaid on the Maturity Date for the Term A-2 Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A-2 Loans outstanding on such date.
Appears in 1 contract
Samples: Credit Agreement (Colfax CORP)
Term A-2 Loans. The European Borrower shall repay to the Term A-2 Lenders the aggregate principal amount of all Term A-2 Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05): Date Amount The last Business Day of each of the first four fiscal quarters of Parent occurring in 2013.after after the first anniversary of the Third Amendment Effective Date. 01.25Closing Date 1.25% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date The last Business Day of each of the first four fiscal quarters of Parent occurring in 2014.after after the second anniversary of the Third Amendment Effective Date. 3.08253.75Closing Date 3.75% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date The last Business Day of each of the first four fiscal quarters of Parent occurring in 2015.after after the third anniversary of the Third Amendment Effective Date. 5.485.00Closing Date 5.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date The last Business Day of each of the first three fiscal quarters of Parent occurring in 2016.after after the fourth anniversary of the Third Amendment Effective Date. 13.1515.00Closing Date 15.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date provided, however, that the final principal repayment installment of the Term A-2 Loans shall be repaid on the Maturity Date for the Term A-2 Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A-2 Loans outstanding on such date.
Appears in 1 contract
Samples: Credit Agreement (Colfax CORP)
Term A-2 Loans. The European Borrower shall repay to the Term A-2 Lenders the aggregate principal amount of all Term A-2 Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05): Date Amount The last Business Day of each of the first four fiscal quarters of Parent occurring in 2013.after after the first anniversary of the Third Amendment Effective DateClosing Datein 2013. 01.251.250% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird ClosingSecond Amendment Effective Date and the Acquisition Funding Date. The last Business Day of each of the first four fiscal quarters of Parent occurring in 2014.after after the second anniversary of the Third Amendment Effective DateClosing Datein 2014. 3.08253.753.753.0825% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird ClosingSecond Amendment Effective Date and the Acquisition Funding Date. The last Business Day of each of the first four fiscal quarters of Parent occurring in 2015.after after the third anniversary of the Third Amendment Effective DateClosing Datein 2015. 5.485.005.005.48% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird ClosingSecond Amendment Effective Date and the Acquisition Funding Date. The last Business Day of each of the first three fiscal quarters of Parent occurring in 2016.after after the fourth anniversary of the Third Amendment Effective DateClosing Datein 2016. 13.1515.0015.0013.15% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird ClosingSecond Amendment Effective Date and the Acquisition Funding Date. provided, however, that the final principal repayment installment of the Term A-2 Loans shall be repaid on the Maturity Date for the Term A-2 Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A-2 Loans outstanding on such date.
Appears in 1 contract
Samples: Credit Agreement (Colfax CORP)
Term A-2 Loans. The European Borrower shall repay to the Term A-2 Lenders the aggregate principal amount of all Term A-2 Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05): Date Amount The last Business Day of each of the first four fiscal quarters of Parent occurring in 2013.after after the first anniversary of the Third Amendment Effective Date. 01.25Closing Date 1.25% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date and the Acquisition Funding Date The last Business Day of each of the first four fiscal quarters of Parent occurring in 2014.after after the second anniversary of the Third Amendment Effective Date. 3.08253.75Closing Date 3.75% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date and the Acquisition Funding Date The last Business Day of each of the first four fiscal quarters of Parent occurring in 2015.after after the third anniversary of the Third Amendment Effective Date. 5.485.00Closing Date 5.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date and the Acquisition Funding Date The last Business Day of each of the first three fiscal quarters of Parent occurring in 2016.after after the fourth anniversary of the Third Amendment Effective Date. 13.1515.00Closing Date 15.00% of the aggregate principal amount of Term A-2 Loans incurred (including by way of conversion) on the SecondThird Amendment Effective Date. Closing Date and the Acquisition Funding Date provided, however, that the final principal repayment installment of the Term A-2 Loans shall be repaid on the Maturity Date for the Term A-2 Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A-2 Loans outstanding on such date.
Appears in 1 contract
Samples: Credit Agreement (Colfax CORP)