Common use of Amortization and Maturity Date Clause in Contracts

Amortization and Maturity Date. The Borrower shall repay to the Administrative Agent in dollars for the ratable account of the Term B-4 Lenders on February 28, May 31, August 31 and November 30 of each year, commencing on February 28, 2015, an aggregate amount equal to 0.25% of the aggregate principal amount of the Term B-4 Loans outstanding on the Term B-4 Closing Date (which payments in each case shall be reduced as a result of the application of prepayments in accordance with the Credit Agreement). To the extent not previously paid, all Term B-4 Loans shall be due and payable on the Term B-4 Maturity Date (which is five and one-half years after the Term B-4 Closing Date) together with accrued and unpaid interest on the principal amount, to but excluding the date of payment.