Amortization and Maturity. The principal of the Term Loan shall be due and payable in full, together with all unpaid accrued interest thereon, on the 366th day after the date of conversion to the Term Loan. All payments shall be applied first to the payment of interest due and payable on the Term Loan and then to the reduction of the outstanding principal balance thereof.
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Amortization and Maturity. The principal of the each Term Loan shall be due and payable in full, together with all unpaid accrued interest thereon, on the 366th day after the date of conversion to the such Term Loan. All payments shall be applied first to the payment of interest due and payable on the respective Term Loan and then to the reduction of the outstanding principal balance thereof.
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