Examples of Loan Installment Date in a sentence
The outstanding principal amount of this Term Loan Note shall be paid in installments on each Term Loan Installment Date and in the manner specified in the Credit Agreement referred to below.
Subject to Section 2.08(d), all prepayments of the Term Loans shall be applied as follows: first, to reduce the principal amount payable by the Borrowers on the most remote scheduled Term Loan Installment Date and all accrued but unpaid interest thereon until such scheduled payment (and unpaid interest) is reduced to zero and second, to reduce the aggregate principal amount payable by the Borrowers on the then remaining Term Loan Installment Dates in the inverse order of their due dates.
The first four Term Loan Installment Dates $0 Each Term Loan Installment Date thereafter $0 If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Such monthly installments ("Equipment Loan Installments") of principal shall be payable on the installment payment dates (each a "Equipment Loan Installment Date"), and shall be in the amounts as set forth in the table below as adjusted in accordance with the terms of this Agreement, with all remaining outstanding amounts of the Equipment Loans to be repaid on the Maturity Date.
In the event that on any date after the Closing Date B Term Loans are incurred pursuant to the provisions of Section 2.23, an amount equal to the aggregate principal amount of the B Term Loans so incurred on such date pursuant to Section 2.23 shall be applied to increase the amounts due on each then remaining B Term Loan Installment Date on a pro rata basis (based upon the then remaining principal amounts due on each B Term Loan Installment Date after giving effect to all prior reductions thereto).
Executive shall be reimbursed for any reasonable business expenses incurred through the Termination Date in accordance with Neoprobe’s standard expense reimbursement policies and practices.
The Borrowers shall repay the aggregate principal amount of the Term Loans on each Term Loan Installment Date in an amount equal to (x) the percentage set forth opposite the applicable period during which such Term Loan Installment Date occurs multiplied by (y) $200,000,000: -57- 4159-4780-3173 provided that the Borrowers shall pay all outstanding principal on the Term Loans, together with all accrued and unpaid interest thereon on the Maturity Date.
The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on each Term Loan Installment Date as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: Term Loan Installment Dates 1-4 $ 468,750 Term Loan Installment Dates 5-8 $ 937,500 Term Loan Installment Dates 9-12 $ 1,406,250 Each Term Loan Installment Date thereafter until the Term Loan Maturity Date.
Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower shall repay Term Borrowings on each March 31, June 30, September 30 and December 31 prior to the Term Loan Maturity Date, commencing March 31, 2005 (each such date being referred to as a "Term Loan Installment Date") in an aggregate principal amount equal to 0.25% of the aggregate principal amount of the Term Loans made on the Restatement Date.
For purposes of paragraph (a)(i) of Section 2.11 the installments payable on each Tranche A Term Loan Installment Date shall be increased pro rata by the Tranche A Increase Amount.