Term Loan Principal Payments. Payments of principal of the Term Loan will be settled on the date of receipt if received by Agent on the first Business Day of a month or on the Business Day immediately following the date of receipt if received on any day other than the first Business Day of a month.
Appears in 3 contracts
Samples: Credit Agreement (Williams Controls Inc), Credit Agreement (Comsys It Partners Inc), Credit Agreement (Comsys It Partners Inc)
Term Loan Principal Payments. Payments of principal of the Term Loan will be settled on the date of receipt if received by Agent on the first Business Day of a month or and on the Business Day immediately following the date of receipt if received by Agent on any day other than the first Business Day of a month.
Appears in 1 contract
Samples: Credit Agreement (Cherokee International Finance Inc)
Term Loan Principal Payments. Payments of principal of the Term ---------------------------- Loan will be settled on the date of receipt if received by Agent on the first Business Day of a month or and on the Business Day immediately following the date of receipt if received by Agent on any day other than the first Business Day of a month.
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Term Loan Principal Payments. Payments of principal of the Term Loan Loans will be settled on the date of receipt if received by Agent on the first last Business Day of a month calendar quarter or on the Business Day immediately following the date of receipt if received on any day other than the first Business Day of a month.
Appears in 1 contract
Samples: Credit Agreement (Sunsource Inc)
Term Loan Principal Payments. Payments of principal of the Term Loan will be settled on the date of receipt if received by Agent on the first (1st) Business Day of a month or and on the Business Day immediately following the date of receipt if received on any day other than the first (1st) Business Day of a month."
Appears in 1 contract
Term Loan Principal Payments. Payments of principal of the Term Loan Loans will be settled on the date of receipt if received by Agent on the first 1st Business Day of a month or and on the Business Day immediately following the date of receipt if received by Agent on any day other than the first Business Day of a month.
Appears in 1 contract
Term Loan Principal Payments. Payments of principal of the Term Loan Loans will be settled on the date of receipt if received by Agent on the first Business Day of a month or on the Business Day immediately following the date of receipt if received on any day other than the first Business Day of a month.
Appears in 1 contract
Term Loan Principal Payments. Payments of principal in respect of each of the Term Loan Loans will be settled in accordance with each Lender's Pro Rata Share on the date of receipt if received by Administrative Agent on the first Business Day of a month or and on the Business Day immediately following the date of receipt if received on any day other than the first Business Day of a month.
Appears in 1 contract
Samples: Loan Agreement (Recoton Corp)
Term Loan Principal Payments. Payments of principal of the Term Loan will be settled on the date of receipt if received by Agent on the first (1st) Business Day of a month or and on the Business Day immediately following the date of receipt if received on any day other than the first (1st) Business Day of a month.β
Appears in 1 contract
Term Loan Principal Payments. Payments of principal of the Term Loan Loans will be settled on the date of receipt if received by Agent on the first (1st) Business Day of a month or and on the Business Day immediately following the date of receipt if received by Agent on any day other than the first (1st) Business Day of a month.
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