Date Amount Clause Samples
The "Date Amount" clause specifies the exact date and the corresponding amount relevant to a particular transaction or obligation within an agreement. In practice, this clause identifies when a payment is due or when a financial obligation becomes effective, and the precise sum involved, such as a payment of $10,000 on June 1, 2024. Its core function is to provide clear, unambiguous reference points for both timing and value, thereby reducing the risk of disputes over payment schedules or amounts owed.
Date Amount. The last Business Day of each fiscal quarter ending prior to the Maturity Date for the Initial Term Facility, commencing with the fiscal quarter ending on September 30, 2023 0.25% of the aggregate principal amount of the aggregate initial principal amount of the Initial Term Loans on the Closing Date Maturity Date for the Initial Term Facility All unpaid aggregate principal amounts of any outstanding Initial Term Loans provided, however, that (i) if the date scheduled for any principal repayment installment is not a Business Day, such principal repayment installment shall be repaid on the next succeeding Business Day, and (ii) the final principal repayment installment of the Initial Term Loans shall be repaid on the Maturity Date for the Initial Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date.
Date Amount. The last Business Day of each fiscal quarter starting with the fiscal quarter ended September 30, 2017 and ending with the fiscal quarter ended March 31, 2018. 0.25% of the aggregate initial principal amount of the Initial Term B-1 Loans on the Closing Date. The last Business Day of each fiscal quarter starting with the fiscal quarter ended June 30, 2018 and ending with the fiscal quarter most recently ended prior to the Maturity Date for the Initial Term Facilities. $2,753,778.34 provided, however, that the final principal repayment installment of the Initial Term B-1 Loans shall be repaid on the Maturity Date for the Initial Term B-1 Loans and in any event shall be in an amount equal to the aggregate principal amount of all Initial Term B-1 Loans outstanding on such date.
Date Amount. The last Business Day of each Fiscal Quarter ending prior to the First Lender Joinder Agreement Effective Date 0.25% of the aggregate initial principal amount of the Original Initial Term Loans on the Closing Date The last Business Day of each Fiscal Quarter ending on or after the First Lender Joinder Agreement Effective Date and prior to the Initial Term Loan Maturity Date $3,258,565.99 Initial Term Loan Maturity Date All unpaid aggregate principal amounts of any outstanding Initial Term Loans
Date Amount. The last Business Day of each fiscal quarter ending prior to the Maturity Date for the Initial Dollar Term Facility, commencing with the fiscal quarter ending on March 31, 2023 0.25% of the aggregate principal amount of the aggregate initial principal amount of the Initial Dollar Term Loans on the Closing Date Maturity Date for the Initial Dollar Term Facility All unpaid aggregate principal amounts of any outstanding Initial Dollar Term Loans provided, however, that (i) if the date scheduled for any principal repayment installment is not a Business Day, such principal repayment installment shall be repaid on the next succeeding Business Day, provided, however, that, if such extension would cause any principal repayment installment to be made in the next succeeding calendar month, such installment shall be paid on the immediately preceding Business Day, and (ii) the final principal repayment installment of the Initial Dollar Term Loans shall be repaid on the Maturity Date for the Initial Dollar Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Initial Dollar Term Loans outstanding on such date.
Date Amount. The last Business Day of each fiscal quarter ending prior to the Maturity Date for the Term Facility, commencing with the fiscal quarter ending June 30, 2021 0.25% of the aggregate principal amount of the aggregate Initial Term Loans on the Closing Date Maturity Date with respect to the Term Facility All outstanding principal amount of the Term Loans
Date Amount. The last Business Day of each Fiscal Quarter of the Company from (and including) April 2021 through (and including) January 2024 $31,875,000 Maturity Date for Term A-1 Facility The outstanding principal balance of the Term A-1 Loans provided that the final principal repayment installment of the Term A-1 Loans shall be repaid on the Maturity Date for the Term A-1 Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A-1 Loans outstanding on such date.
Date Amount. Each March 31, June 30, September 30 and December 31 ending prior to the Maturity Date, starting with SeptemberJune 30, 20232024 An amount equal to 0.25% of the aggregate principal amount of the Term B-5-6 Dollar Loans as of the ThirteenthFourteenth Amendment Effective Date Term B-5-6 Dollar Loan Maturity Date All unpaid aggregate principal amounts of any outstanding Term B-5-6 Dollar Loans. provided, however, that the final principal repayment installment of the Term B-56 Dollar Loans shall be repaid on the Term B-56 Dollar Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term B-56 Dollar Loans outstanding on such date.
Date Amount. The last Business Day of each fiscal quarter of the Parent Borrower ending prior to the Maturity Date for 2023-1 Dollar Term B Loans, commencing with the fiscal quarter ending December 31, 2023 With respect to the 2023-1 Dollar Term B Loans, 0.252525252525253% of the aggregate initial principal amount of 2023-1 Dollar Term B Loans on the First Amendment Effective Date provided, however, that (i) if the date scheduled for any principal repayment installment is not a Business Day, such principal repayment installment shall be repaid on the next preceding Business Day, and (ii) the final principal repayment installment of 2023-1 Dollar Term B Loans shall be repaid on the Maturity Date for 2023-1 Dollar Term B Loans and in any event shall be in an amount equal to the aggregate principal amount of all 2023-1 Dollar Term B Loans outstanding on such date;
Date Amount. The last Business Day of each fiscal quarter ending prior to the Maturity Date for the Term Loans starting with the fiscal quarter ending after the Amendment No. 7 Effective Date. 0.25% of the aggregate initial principal amount of the Term Loans on the Amendment No. 7 Effective Date Maturity Date for the Term Loans All unpaid aggregate principal amounts of any outstanding Term Loans provided, however, that (i) if the date scheduled for any principal repayment installment is not a Business Day, such principal repayment installment shall be repaid on the next preceding Business Day, and (ii) the final principal repayment installment of the Term Loans shall be repaid on the Maturity Date for the Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Term Loans outstanding on such date. In the event that any other New Term Loans are made, the Borrowers shall repay such other New Term Loans on the dates and in the amounts specified in the related documentation with respect thereto.
Date Amount. Each March 31, June 30, September 30 and December 31 ending prior to the Maturity Date, starting with March 31, 2017 an amount equal to 0.25% of the aggregate principal amount of the Term B-1 Dollar Loans and Term B-1 Euro Loans as of the Fourth Amendment Effective Date. Maturity Date for the Term Facilities all unpaid aggregate principal amounts of any outstanding Term B-1 Dollar Loans or Term B-1 Euro Loans, as applicable. provided, however, that the final principal repayment installment of the Term B-1 Loans or Term B-1 Euro Loans, as applicable, shall be repaid on the Maturity Date for the Term B-1 Loans and in any event shall be in an amount equal to the aggregate principal amount of all Term B-1 Loans or Term B-1 Euro Loans, as applicable, outstanding on such date.