Term Loan Principal Repayments. On each Quarterly Payment Date commencing with December 29, 2012 and the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loan, the Borrowers shall make a payment of the aggregate outstanding principal amount of the Term Loan in an amount equal to $3,750,000.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp)
Term Loan Principal Repayments. On each Quarterly Payment Date commencing with December 29, 2012 and the payment due on the Term Loan Maturity Date shall in any event be in the amount of the entire remaining principal amount of the outstanding Term Loan, the Borrowers Borrower shall make a payment of the aggregate outstanding principal amount of the Term Loan in an amount equal to $3,750,000.
Appears in 2 contracts
Samples: Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)
