Common use of Term Advances Clause in Contracts

Term Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders the aggregate outstanding principal amount of the Term Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): Date Amount June 30, 1997 $800,000 October 31, 1997 800,000 June 30, 1998 800,000 December 31, 1998 800,000 June 30, 1999 800,000 December 31, 1999 800,000 June 30, 2000 800,000 December 31, 2000 800,000 June 30, 2001 800,000 December 31, 2001 800,000 provided, however, that the final principal installment shall be repaid on the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the Term Advances outstanding on such date.

Appears in 1 contract

Sources: Credit Agreement (Central Tractor Farm & Country Inc)

Term Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders the aggregate outstanding principal amount of the Term Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): Date Amount June 30December 31, 1997 $800,000 October 31, 1997 800,000 1,500,000 June 30, 1998 800,000 $1,500,000 December 31, 1998 800,000 $1,500,000 June 30, 1999 800,000 $1,500,000 December 31, 1999 800,000 $3,000,000 June 30, 2000 800,000 $3,000,000 December 31, 2000 800,000 $4,000,000 June 30, 2001 800,000 $4,000,000 December 31, 2001 800,000 $6,000,000 June 30, 2002 $6,000,000 December 31, 2002 $9,000,000 June 30, 2003 $9,000,000 provided, however, that the final principal installment shall be repaid on the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the Term Advances outstanding on such date.

Appears in 1 contract

Sources: Credit Agreement (Central Tractor Farm & Country Inc)

Term Advances. The Borrower shall repay to the Administrative Paying Agent for the ratable account of the Term Lenders the aggregate outstanding principal amount of the Term Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.062.07): Date Amount ---- ------ June 30, 1996 $6,250,000 December 31, 1996 $18,750,000 June 30, 1997 $800,000 October 8,750,000 December 31, 1997 800,000 $26,250,000 June 30, 1998 800,000 $10,000,000 December 31, 1998 800,000 $30,000,000 June 30, 1999 800,000 $12,500,000 December 31, 1999 800,000 $37,500,000 June 30, 2000 800,000 December 31$12,500,000 October 12, 2000 800,000 June 30, 2001 800,000 December 31, 2001 800,000 $37,500,000 provided, however, that the final principal installment shall be repaid on the earlier of the stated date and the Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the Term Advances outstanding on such date.

Appears in 1 contract

Sources: Credit Agreement (Warnaco Group Inc /De/)

Term Advances. The --------------------- ------------- Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders the aggregate outstanding principal amount of the Term Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): Date Amount June ---- ------ January 31, 1998 $2,500,000 April 30, 1997 1998 $800,000 5,000,000 July 31, 1998 $5,000,000 October 31, 1997 800,000 June 30, 1998 800,000 December $5,000,000 January 31, 1998 800,000 June 1999 $5,000,000 April 30, 1999 800,000 December $5,000,000 July 31, 1999 800,000 June 30, 2000 800,000 December $5,000,000 October 31, 2000 800,000 June 30, 2001 800,000 December 31, 2001 800,000 1999 $7,500,000 provided, however, that the final principal installment shall be repaid on the -------- ------- Termination Date and in any event shall be in an amount equal to the aggregate principal amount of the Term Advances outstanding on such date.

Appears in 1 contract

Sources: Credit Agreement (PHP Healthcare Corp)

Term Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the Term Lenders the aggregate outstanding principal amount of the Term Advances on the following dates in the amounts indicated (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.06): Date Amount ---- ------ September 30, 2007 $2,500,000 December 31, 2007 $2,500,000 March 31, 2008 $2,500,000 June 30, 1997 2008 $800,000 October 2,500,000 September 30, 2008 $2,500,000 December 31, 1997 800,000 2008 $2,500,000 March 31, 2009 $2,500,000 June 30, 1998 800,000 December 31, 1998 800,000 June 30, 1999 800,000 December 31, 1999 800,000 June 30, 2000 800,000 December 31, 2000 800,000 June 30, 2001 800,000 December 31, 2001 800,000 2009 $2,500,000; provided, however, that the final principal installment shall be repaid on the Termination Date in respect of the Term Facility and in any event shall be in an amount equal to the aggregate principal amount of the Term Advances outstanding on such date.

Appears in 1 contract

Sources: Credit Agreement (Boca Resorts Inc)