Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.04), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment June 1, 2003 $1,225,000 September 1, 2003 $1,225,000 December 1, 2003 $1,225,000 March 1, 2004 $1,225,000 June 1, 2004 $1,225,000 September 1, 2004 $1,225,000 December 1, 2004 $1,225,000 March 1, 2005 $1,225,000 June 1, 2005 $1,225,000 September 1, 2005 $1,225,000 December 1, 2005 $1,225,000 March 1, 2006 $1,225,000 June 1, 2006 $1,225,000 September 1, 2006 $1,225,000 December 1, 2006 $1,225,000 March 1, 2007 $1,225,000 June 1, 2007 $1,225,000 September 1, 2007 $1,225,000 December 1, 2007 $1,225,000 March 1, 2008 $1,225,000
Appears in 2 contracts
Samples: Credit Agreement (Hooker Furniture Corp), Credit Agreement (Hooker Furniture Corp)
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B Term Loan in installments on the dates last Business Day of each month and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.042.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment June 1, 2003 $1,225,000 September 1, 2003 $1,225,000 December 1, 2003 $1,225,000 March 1PRINCIPAL AMORTIZATION PAYMENT DATES PAYMENT --------------- ---------------------- March, 2004 $1,225,000 June 1$ 625,000 June, 2004 $1,225,000 September 1$ 625,000 September, 2004 $1,225,000 December 1$ 625,000 December, 2004 $1,225,000 March 1$ 625,000 March, 2005 $1,225,000 June 1$ 625,000 June, 2005 $1,225,000 September 1$ 625,000 September, 2005 $1,225,000 December 1$ 625,000 December, 2005 $1,225,000 March 1$ 625,000 March, 2006 $1,225,000 June 1$ 625,000 June, 2006 $1,225,000 September 1$ 625,000 September, 2006 $1,225,000 December 1$ 625,000 December, 2006 $1,225,000 March 1$ 625,000 March, 2007 $1,225,000 June 1$ 625,000 June, 2007 $1,225,000 September 1$ 625,000 September, 2007 $1,225,000 December 1$ 625,000 December, 2007 $1,225,000 March 1$ 625,000 March, 2008 $ 625,000 June, 2008 $ 625,000 September, 2008 $ 625,000 December, 2008 $ 625,000 March, 2009 $ 625,000 June, 2009 $ 625,000 September, 2009 $ 625,000 December, 2009 $ 625,000 March, 2010 $1,225,00058,750,000 June, 2010 $58,750,000 September, 2010 $58,750,000 Maturity Date $58,750,000
Appears in 1 contract
Tranche B Term Loan. The Borrower Borrowers shall repay the outstanding principal amount of the Tranche B Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.042.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment Dates Payment ------------------------ ---------------------- June 130, 2003 $1,225,000 $ 437,500 September 130, 2003 $1,225,000 $ 437,500 December 131, 2003 $1,225,000 $ 437,500 March 131, 2004 $1,225,000 $ 437,500 June 130, 2004 $1,225,000 $ 437,500 September 130, 2004 $1,225,000 $ 437,500 December 131, 2004 $1,225,000 $ 437,500 March 131, 2005 $1,225,000 $ 437,500 June 130, 2005 $1,225,000 $ 437,500 September 130, 2005 $1,225,000 $ 437,500 December 131, 2005 $1,225,000 $ 437,500 March 131, 2006 $1,225,000 $ 437,500 June 130, 2006 $1,225,000 $ 437,500 September 130, 2006 $1,225,000 $ 437,500 December 131, 2006 $1,225,000 $ 437,500 March 131, 2007 $1,225,000 $ 437,500 June 130, 2007 $1,225,000 $ 437,500 September 130, 2007 $1,225,000 $ 437,500 December 131, 2007 $1,225,000 $ 437,500 March 131, 2008 $ 437,500 June 30, 2008 $1,225,00020,781,250 September 30, 2008 $20,781,250 December 31, 2008 $20,781,250 March 31, 2009 $20,781,250 June 30, 2009 $20,781,250 September 30, 2009 $20,781,250 December 31, 2009 $20,781,250 March 31, 2010 $20,781,250
Appears in 1 contract
Tranche B Term Loan. The Borrower shall repay the outstanding principal amount of the Tranche B Term Loan in installments on the dates and in the amounts set forth in the table below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.042.05), unless accelerated sooner pursuant to Section 9.02: Payment Dates Principal Amortization Payment June 1, 2003 $1,225,000 September 1, 2003 $1,225,000 December 1, 2003 $1,225,000 March 1, 2004 $1,225,000 June 1, 2004 $1,225,000 September 1, 2004 $1,225,000 December 1, 2004 $1,225,000 March 130, 2005 $1,225,000 June 1$ 2,500,000 September 30, 2005 $1,225,000 September 1$ 2,500,000 December 31, 2005 $1,225,000 December 1, 2005 $1,225,000 $ 3,125,000 March 131, 2006 $1,225,000 $ 3,125,000 June 130, 2006 $1,225,000 $ 3,125,000 September 130, 2006 $1,225,000 $ 3,125,000 December 131, 2006 $1,225,000 $ 3,750,000 March 131, 2007 $1,225,000 $ 3,750,000 June 130, 2007 $1,225,000 $ 3,750,000 September 130, 2007 $1,225,000 $ 3,750,000 December 131, 2007 $1,225,000 $ 4,375,000 March 131, 2008 $1,225,000$ 4,375,000 June 30, 2008 $ 4,375,000 September 30, 2008 $ 4,375,000
Appears in 1 contract
Samples: First Amendment (Fti Consulting Inc)