Examples of Term Loan Repayment Amount in a sentence
Each of the 2016 Incremental Term Loan Repayment Amount and the 2018 Incremental Term Loan Repayment Amount shall be “Incremental Term Loan Repayment Amounts” hereunder.
Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as the Borrower may specify (and shall apply pro rata to all Lenders holding Term Loans of such Class) and (b) applied to reduce any the New Term Loan Repayment Amount in such order as the Borrower may specify.
The cost of books, transportation, meals, and other related expenses are not covered under this plan.
The Term Loan shall be repaid in monthly installments of principal equal to the Applicable Term Loan Repayment Amount, plus accrued but unpaid interest, commencing on October 15, 2007 and continuing on the same day of each month thereafter through the Term Loan Maturity Date, at which time all amounts owing under this Section 2.1(c) shall be immediately due and payable.
The Refinancing shall be consummated (and payment of the Term Loan Repayment Amount by the Borrower to the Administrative Agent for the accounts of the existing Lenders shall occur) substantially simultaneously with the Borrowing of such Replacement Term Loans from the proceeds thereof.