Examples of Tranche B Repayment Date in a sentence
On each Tranche B Repayment Date the Company shall pay to Holder such principal amount designated in such notice, together with all accrued but unpaid interest on such principal amount, in cash by wire transfer in accordance with the terms hereof.
At any time and from time to time during the period beginning on May 31, 2003 and ending on the Maturity Date for Tranche B (December 31, 2005), the Holder hereof may demand payment of any or all of the principal amount outstanding under Tranche B by delivering to the Company a written notice specifying the principal amount to be repaid and the date on which such amount shall be repaid (each a "Tranche B Repayment Date").
Such notice may be delivered at any time provided that it must be delivered at least 30 days prior to any Tranche B Repayment Date.
Each subsequent repayment instalment under Tranche B will be equal to 1/16 of the aggregate principal amount of Tranche B outstanding on the second Tranche B Repayment Date prior to the repayment being made.
The aggregate Original Sterling Amount of the Tranche B Advances (a "Tranche B Repayment Instalment") repaid by the Borrowers on each Tranche B Repayment Date shall be the amount representing the percentage of the aggregate Original Sterling Amount of the Tranche B Advances made at Closing set out below opposite that Tranche B Repayment Date.