Common use of Amount of Instalments Clause in Contracts

Amount of Instalments. The Borrower shall repay: (a) Advance A, by: (i) 24 equal consecutive quarterly instalments, each in the amount of $4,833,000 (each an “Instalment A” and, together, the “Instalments A”); and (ii) a balloon instalment in the amount of $143,008,000 (the “Balloon Instalment”); and (b) Advance B, by 24 equal consecutive quarterly instalments (each an “Instalment B” and, together, the “Instalments B” and, together with the Instalments A, the “Instalments” and each an “Instalment”), each in the amount of $8,375,000, Provided that, (a) in respect of Advance A, if the amount advanced is less than $259,000,000 or (b) in respect of Advance B, if the amount advanced is less than $201,000,000, the aggregate amount of the Instalments and, in the case of Advance A, the Balloon Instalment in respect of that Advance shall be reduced by an amount equal to the undrawn amount on a pro rata basis.