Term Loan Amortization. The Company promises to repay the Term Loans in their entirety on the Term Loan Maturity Date and at the dates and in the amounts set forth below (as adjusted from time to time pursuant to Section 2.16(a)): Date Amount February 28, 2014 $ 10,000,000 May 31, 2014 $ 5,000,000 August 31, 2014 $ 5,000,000 November 30, 2014 $ 5,000,000 February 28, 2015 $ 5,000,000 May 31, 2015 $ 5,000,000 August 31, 2015 $ 5,000,000 November 30, 2015 $ 5,000,000 February 29, 2016 $ 5,000,000 May 31, 2016 $ 5,000,000 August 31, 2016 $ 5,000,000 November 30, 2016 $ 5,000,000 February 28, 2017 $ 5,000,000 May 31, 2017 $ 5,000,000 August 31, 2017 $ 5,000,000 November 30, 2017 $ 5,000,000 February 28, 2018 $ 5,000,000 May 31, 2018 $ 5,000,000 August 31, 2018 $ 5,000,000 November 30, 2018 $ 5,000,000 February 28, 2019 $ 5,000,000 May 31, 2019 $ 5,000,000 Term Loan Maturity Date $ 235,000,000 The final scheduled installment of the Term Loans shall in any event be in an amount equal to the entire remaining principal balance of the Term Loans. Scheduled installments for an Incremental Term Loan shall be as specified in the applicable Incremental Joinder.
Term Loan Amortization. The principal of the Term Notes shall be due and payable in quarterly installments, each due on a Quarterly Date, beginning on March 31, 1999, equal to $1,160,714.29 (in the aggregate for all Term Notes) and allocated among the Term Loan Lenders pro rata in accordance with the unpaid principal balances of the Term Notes held by the Term Loan Lenders. On the Term Loan Maturity Date, the entire unpaid principal balance of each Term Note and all accrued and unpaid interest on the unpaid principal balance of each Term Note shall be finally due and payable.
Term Loan Amortization. The Term Loans shall be payable in quarterly installments in the amounts and on the dates as follows:
Term Loan Amortization. The Term Loans shall continue to be payable in quarterly installments in the amounts and on the dates as follows: PAYMENT DATE AMOUNT March 31, 2003 $6,000,000 June 30, 2003 $6,000,000 September 30, 2003 $6,000,000 December 31, 2003 $6,000,000 March 31, 2004 $6,000,000 June 30, 2004 $2,600,000 or such other amount as shall then be outstanding.
Term Loan Amortization. Section 1 of Annex 2 of the Loan Agreement is amended and restated in its entirety as follows:
Term Loan Amortization. Section 2.1(d) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Term Loan Amortization. The principal of each Term Note shall be due and payable in quarterly installments due on each Quarterly Date, beginning on July 1, 1995, equal to the applicable Term Loan Lender's pro rata share of the Term Loans times $4,464,285.71. On the Maturity Date, the entire unpaid principal balance of each Term Note and all accrued and unpaid interest on the unpaid principal balance of each Term Note shall be finally due and payable.
Term Loan Amortization. The Term Loan shall be payable in twelve quarterly installments in the amounts and on the dates set forth below, commencing July 2, 2004: PAYMENT DATE AMOUNT July 2, 2004 $ 1,250,000 October 1, 2004 $ 2,500,000 December 31, 2004 $ 2,500,000 April 1, 2005 $ 2,500,000 July 1, 2005 $ 2,500,000 September 30, 2005 $ 2,500,000 December 30, 2005 $ 2,500,000 March 31, 2006 $ 2,500,000 June 30, 2006 $ 2,500,000 September 29, 2006 $ 2,500,000 December 29, 2006 $ 2,500,000 March 16, 2007 $ 33,750,000 or the then outstanding principal balance of the Term Loan
Term Loan Amortization. The Term Loan shall be due and payable in consecutive monthly principal installments of $167,000 each on the first day of each calendar month, commencing on August 1, 2001, with a final principal installment of all unpaid principal due and payable on the Termination Date. Each such installment shall be payable to the Collateral Agent for the account of the applicable Lenders. Payments or prepayments of the Term Loans may not be reborrowed.
Term Loan Amortization. The principal of each Note evidencing Term Loans shall be due and payable in semiannual installments due on each six month anniversary of the making of the Term Loans equal to the applicable Term Loan Lender's pro rata share of the Term Loans times 32,000,000 Krone. On the Term Loan Maturity Date, the entire unpaid principal balance of each Note evidencing Term Loans and all accrued and unpaid interest on the unpaid principal balance of each such Note shall be finally due and payable.
