Common use of Mandatory Amortization Amounts Clause in Contracts

Mandatory Amortization Amounts. As used in this Credit Agreement, the term “Mandatory Amortization Amounts” shall mean the obligation of the Loan Parties to amortize or prepay (as the case may be) the Initial Term Loan and any outstanding Delayed Draw Term Loans, as follows:

Appears in 5 contracts

Sources: Credit Agreement (Boxlight Corp), Credit Agreement (Stronghold Digital Mining, Inc.), Credit Agreement (Boxlight Corp)

Mandatory Amortization Amounts. As used in this Credit Agreement, the term “Mandatory Amortization Amounts” shall mean the obligation of the Loan Parties to amortize or prepay (as the case may be) the Initial Term Loan and and, any outstanding Delayed Draw Term LoansLoans and any outstanding March 2025 Bridge Loan, as follows:

Appears in 1 contract

Sources: Credit Agreement (Boxlight Corp)