Common use of Term A Loan Clause in Contracts

Term A Loan. The Company shall repay the outstanding principal amount of the Term A Loan in consecutive installments on the last Business Day of each March, June, September and December and on the Maturity Date for the Term A Loan, in each case, in the respective amounts set forth below (as such amounts may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment March 31, 2019 $31,562,500.00 June 30, 2019 $31,562,500.00 September 30, 2019 $31,562,500.00 December 31, 2019 $31,562,500.00 March 31, 2020 $31,562,500.00 June 30, 2020 $31,562,500.00 September 30, 2020 $31,562,500.00 December 31, 2020 $31,562,500.00 March 31, 2021 $31,562,500.00 June 30, 2021 $31,562,500.00 September 30, 2021 $31,562,500.00 December 31, 2021 $31,562,500.00 March 31, 2022 $31,562,500.00 June 30, 2022 $31,562,500.00 September 30, 2022 $31,562,500.00 December 31, 2022 $31,562,500.00 March 31, 2023 $31,562,500.00 June 30, 2023 $31,562,500.00 September 30, 2023 $31,562,500.00 Maturity Date for the Term A Loan Outstanding Principal Balance of Term A Loan

Appears in 1 contract

Samples: Credit Agreement (Fleetcor Technologies Inc)

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Term A Loan. The Company shall repay the outstanding principal amount of the Term A Loan in consecutive installments on the last Business Day of each March, June, September and December and on the Maturity Date for the Term A LoanDate, in each case, in the respective amounts set forth below (as such amounts may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment December 31, 2017 $33,625,000.00 March 31, 2018 $33,625,000.00 June 30, 2018 $33,625,000.00 September 30, 2018 $33,625,000.00 December 31, 2018 $33,625,000.00 March 31, 2019 $31,562,500.00 33,625,000.00 June 30, 2019 $31,562,500.00 33,625,000.00 September 30, 2019 $31,562,500.00 33,625,000.00 December 31, 2019 $31,562,500.00 33,625,000.00 March 31, 2020 $31,562,500.00 33,625,000.00 June 30, 2020 $31,562,500.00 33,625,000.00 September 30, 2020 $31,562,500.00 33,625,000.00 December 31, 2020 $31,562,500.00 33,625,000.00 March 31, 2021 $31,562,500.00 33,625,000.00 June 30, 2021 $31,562,500.00 33,625,000.00 September 30, 2021 $31,562,500.00 33,625,000.00 December 31, 2021 $31,562,500.00 33,625,000.00 March 31, 2022 $31,562,500.00 33,625,000.00 June 30, 2022 $31,562,500.00 September 30, 2022 $31,562,500.00 December 31, 2022 $31,562,500.00 March 31, 2023 $31,562,500.00 June 30, 2023 $31,562,500.00 September 30, 2023 $31,562,500.00 33,625,000.00 Maturity Date for the Term A Loan Outstanding Principal Balance of Term A Loan

Appears in 1 contract

Samples: Credit Agreement (Fleetcor Technologies Inc)

Term A Loan. The Company shall repay the outstanding principal amount of the Term A Loan in consecutive installments on the last Business Day of each March, June, September and December and on the Maturity Date for the Term A Loan, in each case, in the respective amounts set forth below (as such amounts may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02: xc CHAR1\1792192v4 Payment Dates Principal Amortization Payment March 31, 2019 $31,562,500.00 June 30, 2019 $31,562,500.00 September 30, 2019 $31,562,500.00 December 31, 2019 $31,562,500.00 March 31, 2020 $31,562,500.00 June 30, 2020 $31,562,500.00 September 30, 2020 $31,562,500.00 December 31, 2020 $31,562,500.00 March 31, 2021 $31,562,500.00 June 30, 2021 $31,562,500.00 September 30, 2021 $31,562,500.00 December 31, 2021 $31,562,500.00 March 31, 2022 $31,562,500.00 June 30, 2022 $31,562,500.00 September 30, 2022 $31,562,500.00 December 31, 2022 $31,562,500.00 March 31, 2023 $31,562,500.00 June 30, 2023 $31,562,500.00 September 30, 2023 $31,562,500.00 Maturity Date for the Term A Loan Outstanding Principal Balance of Term A Loan

Appears in 1 contract

Samples: Credit Agreement (Fleetcor Technologies Inc)

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Term A Loan. The Company shall repay the outstanding principal amount of the Term A Loan in consecutive installments on the last Business Day of each March, June, September and December and on the Maturity Date for the Term A LoanDate, in each case, in the respective amounts set forth below (as such amounts may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment March 31, 2019 $31,562,500.00 June 30, 2019 $31,562,500.00 September 30, 2019 $31,562,500.00 December 31, 2019 $31,562,500.00 March 31, 2020 $31,562,500.00 June 30, 2020 $31,562,500.00 September 30, 2020 $31,562,500.00 December 31, 2020 $31,562,500.00 March 31, 2021 $31,562,500.00 June 30, 2021 $31,562,500.00 September 30, 2021 $31,562,500.00 December 31, 2021 $31,562,500.00 March 31, 2022 $31,562,500.00 June 30, 2022 $31,562,500.00 September 30, 2022 $31,562,500.00 December 31, 2022 $31,562,500.00 March 31, 2023 $31,562,500.00 June 30, 2023 $31,562,500.00 September 30, 2023 $31,562,500.00 Maturity Date for the Term A Loan Outstanding Principal Balance of Term A LoanLoan (r) Section 2.19 of the Credit Agreement is deleted.

Appears in 1 contract

Samples: Credit Agreement (Fleetcor Technologies Inc)

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