Repayment of Term Loan definition

Repayment of Term Loan. The Borrower shall repay the aggregate outstanding principal amount of the Term Loan in consecutive quarterly installments on the last Business Day of each of March, June, September and December commencing September 30, 2015 as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: If not sooner paid, the Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.”;
Repayment of Term Loan. The Term Loan shall be repaid as follows:
Repayment of Term Loan. The principal amount of the Term Loan shall be due and payable in sixteen (16) consecutive quarterly installments, on as follows: June 30, 2006 $ 1,562,500 June 30, 2008 $ 3,125,000 September 30, 2006 $ 1,562,500 September 30, 2008 $ 3,125,000 December 31, 2006 $ 1,562,500 December 31, 2008 $ 3,125,000 March 31, 2007 $ 1,562,500 March 31, 2009 $ 3,125,000 June 30, 2007 $ 3,125,000 June 30, 2009 $ 4,687,500 September 30, 2007 $ 3,125,000 September 30, 2009 $ 4,687,500 December 31, 2007 $ 3,125,000 December 31, 2009 $ 4,687,500 March 31, 2008 $ 3,125,000 March 31, 2010 $ 4,687,500 Total $ 50,000,000.” (i) Section 2.3(a)(iii)(A) is amended by replacing the amount “TEN MILLION DOLLARS ($10,000,000)” with the amount “SEVENTY-FIVE MILLION DOLLARS ($75,000,000)”. (j) A new Section 6.20 is added to read as follows:

Examples of Repayment of Term Loan in a sentence

  • Early Repayment of Term Loan Facility 2010 On 22 February 2013 and 15 March 2013, the Prysmian Group made early repayments of Euro 186 million and Euro 300 million respectively against the Term Loan disbursed on 3 May 2012.

  • Any failure by the Term Loan Facility Agent to provide a revised Amortization Schedule as required pursuant to this Section 3.01 (Repayment of Term Loan Borrowings) shall not affect the Borrower’s obligations to pay the Term Loans in accordance with this Agreement.

  • The medical community has begun to investigate the relationships between biological information and a patient’s risk to provide the opportunity for personalized medicine (Lok et al.

  • Cash flow from Financing Activities Interest Paid to Financial Institutions Unclaimed Dividend, Dividend Paid / remitted, including Dividend Tax Repayment of Term Loan Net Cash (used in) Financing Activities D.

  • Repayment of Term Loan II, together with accrued interest thereon, is due in 36 monthly installments commencing on the first day of the month following the month in which the funding date of Term Loan II occurred.

  • Section 2.01(d)(1) is hereby deleted in its entirety and replaced by the following: 2.01(d)(1) Repayment of Term Loan.

  • SBI13.75%16,810,000- SB Indore13.75%-- Note: The Schedule of Repayment of Term Loan, does not include the Interest payable on term loan.

  • Terms of Repayment of Term Loan are as follows :The term loan is repayable at a Quaterly installment of Rs. 1,50,00,000 each, the 1st installment being due in April 2013, the last installment payable in April, 2021 amounting to Rs. 14,800,000/- However based on the facts mentioned in note 2.1(a) to 2.1(d) entire portion has been considered as immediately due for payment and has been disclosed under Other Financial Liablity in note 9.

  • Each A Revolving Credit Loan which is outstanding at the opening of business on the Conversion Date shall be automatically converted and consolidated into up to three term loans, with no more than one term loan borrowed by each Borrower (and in amounts equal to the amounts then outstanding from each Borrower under the A Loan Facility) repayable in accordance with Clause 8.1 (Repayment of Term Loan).

  • Subject to Clause 6.1 (Repayment of Term Loan Facility and Top Up Facility), if, following the close of the Offer, any member of the Group incurs any Financial Indebtedness (other than Permitted Financial Indebtedness) the Borrower shall, within three (3) Business Days of incurring such Financial Indebtedness, prepay the Term Loan Facility on a dollar-for-dollar basis.

Related to Repayment of Term Loan

  • Tranche B Term Loan as defined in Section 2.1.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.