Common use of Term B Advances Clause in Contracts

Term B Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders the aggregate outstanding principal amount of the Term B 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 2.6): 52 45 Date Amount ---- ------ December 31, 1999 $ 900,000 December 31, 2000 $ 900,000 December 31, 2001 $ 900,000 December 31, 2002 $ 900,000 December 31, 2003 $ 900,000 June 30, 2004 $21,375,000 September 30, 2004 $21,375,000 December 31, 2004 $21,375,000 March 12, 2005 $21,375,000 provided, however, that the final principal installment shall be equal to the aggregate principal amount of the Term B Advances outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Inphynet South Broward Inc)

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Term B Advances. The U.S. Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders the aggregate outstanding principal amount of the Term B 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 2.62.06): 52 45 Date Amount ---- ------ December 31January 21, 1999 $ 900,000 December 31$750,000 January 21, 2000 $ 900,000 December 31$750,000 January 21, 2001 $ 900,000 December 31$750,000 January 21, 2002 $ 900,000 December 31$750,000 January 21, 2003 $ 900,000 June 30$750,000 January 21, 2004 $21,375,000 September 30, 2004 $21,375,000 December 31, 2004 $21,375,000 March 12750,000 January 21, 2005 $21,375,000 provided750,000 January 21, however2006 $69,750,000 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 B Advances outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Accuride Corp)

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Term B Advances. The U.S. Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders the aggregate outstanding principal amount of the Term B 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 2.62.06): 52 45 Date Amount DATE AMOUNT ---- ------ December 31January 21, 1999 $ 900,000 December 31$750,000 January 21, 2000 $ 900,000 December 31$750,000 January 21, 2001 $ 900,000 December 31$750,000 January 21, 2002 $ 900,000 December 31$750,000 January 21, 2003 $ 900,000 June 30$750,000 January 21, 2004 $21,375,000 September 30, 2004 $21,375,000 December 31, 2004 $21,375,000 March 12750,000 January 21, 2005 $21,375,000 provided750,000 January 21, however2006 $69,750,000 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 B Advances outstanding on such date.

Appears in 1 contract

Samples: Credit Agreement (Accuride Corp)

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