Common use of Scheduled Payments/Commitment Reductions Clause in Contracts

Scheduled Payments/Commitment Reductions. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth below (each, an “Installment Date”), commencing December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December 31, 2013 $ 812,500 $ 2,212,500 March 31, 2014 $ 812,500 $ 2,212,500 June 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc)

Scheduled Payments/Commitment Reductions. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments and at final maturity (eacheach such payment, an “Installment”) in the aggregate amounts set forth below on the dates set forth below (each, an “Installment four quarterly scheduled Interest Payment Dates applicable to Term Loans and on the applicable Term Loan Maturity Date”), commencing June 30, 2008: June 30, 2008 $ 1,562,500 $ 1,187,500 September 30, 2008 $ 1,562,500 $ 1,187,500 December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2008 $ 1,562,500 $ 1,187,500 March 31, 2009 $ 1,562,500 $ 1,187,500 June 30, 2009 $ 3,125,000 $ 1,187,500 September 30, 2009 $ 3,125,000 $ 1,187,500 December 31, 2013 2009 $ 812,500 3,125,000 $ 2,212,500 1,187,500 March 31, 2014 2010 $ 812,500 3,125,000 $ 2,212,500 1,187,500 June 30, 2014 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 September 30, 2014 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 December 31, 2014 2010 $ 812,500 6,250,000 $ 2,212,500 1,187,500 March 31, 2015 2011 $ 812,500 6,250,000 $ 2,212,500 1,187,500 June 30, 2015 2011 $ 812,500 12,500,000 $ 2,212,500 1,187,500 September 30, 2015 2011 $ 812,500 12,500,000 $ 2,212,500 1,187,500 December 31, 2015 2011 $ 812,500 12,500,000 $ 2,212,500 1,187,500 March 31, 2016 2012 $ 812,500 12,500,000 $ 2,212,500 1,187,500 June 30, 2016 2012 $ 812,500 39,062,500 $ 2,212,500 1,187,500 September 30, 2016 2012 $ 812,500 39,062,500 $ 2,212,500 1,187,500 December 31, 2016 2012 $ 812,500 39,062,500 $ 2,212,500 Term Loan B-1 Stated 1,187,500 Tranche A Maturity Date $ 314,437,500 39,062,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 1,187,500 June 30, 2017 2013 N/A $ 2,212,500 1,187,500 September 30, 2017 2013 N/A $ 2,212,500 1,187,500 December 31, 2017 2013 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated 1,187,500 Tranche B Maturity Date N/A $ 834,112,500 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). 447,687,500 Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 A Term Loans or the Tranche B-2 B Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 A Term Loans and the Tranche B-2 B Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 A Term Loan Maturity Date and the Tranche B-2 B Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Credit and Guaranty Agreement (Boise Inc.)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth below (each, an “Installment Date”)four quarterly scheduled Interest Payment Dates applicable to Tranche A Term Loans, commencing December 31, 20132007: Amortization Date December 31, 2007 $ 7,500,000 March 31, 2008 $ 7,500,000 June 30, 2008 $ 7,500,000 September 30, 2008 $ 7,500,000 December 31, 2008 $ 15,000,000 March 31, 2009 $ 15,000,000 June 30, 2009 $ 15,000,000 September 30, 2009 $ 15,000,000 December 31, 2009 $ 15,000,000 March 31, 2010 $ 15,000,000 June 30, 2010 $ 15,000,000 September 30, 2010 $ 15,000,000 December 31, 2010 $ 22,500,000 March 31, 2011 $ 22,500,000 June 30, 2011 $ 22,500,000 September 30, 2011 $ 22,500,000 December 31, 2011 $ 22,500,000 March 31, 2012 $ 22,500,000 June 30, 2012 $ 22,500,000 September 30, 2012 $ 292,500,000 (b) The principal amounts of the Tranche B-1 Term Loan Loans shall be repaid in Installments in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche B-2 B-1 Term Loan Installments Loans, commencing December 31, 2007: December 31, 2007 $ 625,000 March 31, 2008 $ 625,000 June 30, 2008 $ 625,000 September 30, 2008 $ 625,000 December 31, 2008 $ 625,000 March 31, 2009 $ 625,000 June 30, 2009 $ 625,000 September 30, 2009 $ 625,000 December 31, 2009 $ 625,000 March 31, 2010 $ 625,000 June 30, 2010 $ 625,000 September 30, 2010 $ 625,000 December 31, 2010 $ 625,000 March 31, 2011 $ 625,000 June 30, 2011 $ 625,000 September 30, 2011 $ 625,000 December 31, 2011 $ 625,000 March 31, 2012 $ 625,000 June 30, 2012 $ 625,000 September 30, 2012 $ 625,000 December 31, 2012 $ 625,000 March 31, 2013 $ 812,500 236,875,000 (c) The principal amounts of the Tranche B-2 Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the four quarterly scheduled Interest Payment Dates applicable to Tranche B-2 Term Loans, commencing December 31, 2007: December 31, 2007 $ 2,212,500 625,000 March 31, 2014 2008 $ 812,500 $ 2,212,500 625,000 June 30, 2014 2008 $ 812,500 $ 2,212,500 625,000 September 30, 2014 2008 $ 812,500 $ 2,212,500 625,000 December 31, 2014 2008 $ 812,500 $ 2,212,500 625,000 March 31, 2015 2009 $ 812,500 $ 2,212,500 625,000 June 30, 2015 2009 $ 812,500 $ 2,212,500 625,000 September 30, 2015 2009 $ 812,500 $ 2,212,500 625,000 December 31, 2015 2009 $ 812,500 $ 2,212,500 625,000 March 31, 2016 2010 $ 812,500 $ 2,212,500 625,000 June 30, 2016 2010 $ 812,500 $ 2,212,500 625,000 September 30, 2016 2010 $ 812,500 $ 2,212,500 625,000 December 31, 2016 2010 $ 812,500 625,000 March 31, 2011 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 625,000 June 30, 2017 N/A 2011 $ 2,212,500 625,000 September 30, 2017 N/A 2011 $ 2,212,500 625,000 December 31, 2017 N/A 2011 $ 2,212,500 ▇▇▇▇▇ ▇▇625,000 March 31, ▇▇▇▇ ▇/▇ 2012 $ 2,212,500 625,000 June 30, 2018 N/A 2012 $ 2,212,500 625,000 September 30, 2018 N/A 2012 $ 2,212,500 625,000 December 31, 2018 N/A 2012 $ 2,212,500 ▇▇▇▇▇ ▇▇625,000 March 31, ▇▇▇▇ ▇/▇ 2013 $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 236,875,000 ; provided, that with respect to each clause (b) and clause (c) of this Section 2.12, in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each installment date the Tranche B Loans are repaid (each such date, the “Installment Date Date”) occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable Joinder Agreement Series of New Term Loans, times (including, if such Incremental ii) the ratio (expressed as a percentage) of (y) the amount of all Tranche B Term Loans are documented being repaid on such Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. On the Tranche B Combination Date, the then remaining balance of the Tranche B-2 Term Loans shall be added to the then outstanding amount of the Tranche B-1 Term Loans and shall be treated hereunder on a combined basis as an increase in an existing Class of Tranche B Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced on a pro rata basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 respective Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Datetherefor.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche A Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth below on in the dates set forth below table below, commencing October 31, 2012: October 31, 2012 $12,500,000 January 31, 2013 $12,500,000 April 30, 2013 $12,500,000 July 31, 2013 $12,500,000 October 31, 2013 $12,500,000 January 31, 2014 $12,500,000 April 30, 2014 $12,500,000 July 31, 2014 $12,500,000 October 31, 2014 $25,000,000 January 31, 2015 $25,000,000 April 30, 2015 $25,000,000 July 31, 2015 $25,000,000 October 31, 2015 $50,000,000 January 31, 2016 $50,000,000 April 30, 2016 $50,000,000 July 31, 2016 $50,000,000 October 31, 2016 $50,000,000 January 31, 2017 $50,000,000 April 30, 2017 $50,000,000 July 31, 2017 $50,000,000 Tranche A Term Loan Maturity Date $400,000,000 or such lesser aggregate principal amount of Tranche A Term Loans then outstanding (b) The principal amounts of the Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an a Installment DateTranche B Installment)) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth in the table below, commencing December October 31, 20132012: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December October 31, 2012 $3,750,000 January 31, 2013 $ 812,500 $ 2,212,500 March $3,750,000 April 30, 2013 $3,750,000 July 31, 2013 $3,750,000 October 31, 2013 $3,750,000 January 31, 2014 $ 812,500 $ 2,212,500 June $3,750,000 April 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December $3,750,000 July 31, 2014 $ 812,500 $ 2,212,500 March $3,750,000 October 31, 2014 $3,750,000 January 31, 2015 $ 812,500 $ 2,212,500 June $3,750,000 April 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December $3,750,000 July 31, 2015 $ 812,500 $ 2,212,500 March $3,750,000 October 31, 2015 $3,750,000 January 31, 2016 $ 812,500 $ 2,212,500 June $3,750,000 April 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December $3,750,000 July 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇$3,750,000 October 31, ▇▇▇▇ ▇/▇ $ 2,212,500 June 2016 $3,750,000 January 31, 2017 $3,750,000 April 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December $3,750,000 July 31, 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇$3,750,000 October 31, ▇▇▇▇ ▇/▇ $ 2,212,500 June 2017 $3,750,000 January 31, 2018 $3,750,000 April 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December $3,750,000 July 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇$3,750,000 October 31, ▇▇▇▇ ▇/▇ $ 2,212,500 June 2018 $3,750,000 January 31, 2019 $3,750,000 April 30, 2019 N/A $ 2,212,500 $3,750,000 July 31, 2019 $3,750,000 Tranche B Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, $1,395,000,000 or such lesser aggregate principal amount of Tranche B Term Loans then outstanding ; provided that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date “Amortization Date” occurring on or after the applicable Increased Amount Date as set forth in the manner specified in the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans)Agreement. Notwithstanding the foregoing, (x) such Installments shall be reduced on a dollar-for-dollar basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity DateDate therefor.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

Scheduled Payments/Commitment Reductions. The principal amounts of the Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates set forth below (each, an “Installment Date”)) commencing June 30, commencing 2010: June 30, 2010 $ 712,500 September 30, 2010 $ 712,500 December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2010 $ 712,500 March 31, 2011 $ 712,500 June 30, 2011 $ 712,500 September 30, 2011 $ 712,500 December 31, 2011 $ 712,500 March 31, 2012 $ 712,500 June 30, 2012 $ 712,500 September 30, 2012 $ 712,500 December 31, 2012 $ 712,500 March 31, 2013 $ 712,500 June 30, 2013 $ 712,500 September 30, 2013 $ 712,500 December 31, 2013 $ 812,500 $ 2,212,500 712,500 March 31, 2014 $ 812,500 $ 2,212,500 712,500 June 30, 2014 $ 812,500 $ 2,212,500 712,500 September 30, 2014 $ 812,500 $ 2,212,500 712,500 December 31, 2014 $ 812,500 $ 2,212,500 712,500 March 31, 2015 $ 812,500 $ 2,212,500 712,500 June 30, 2015 $ 812,500 $ 2,212,500 712,500 September 30, 2015 $ 812,500 $ 2,212,500 712,500 December 31, 2015 $ 812,500 $ 2,212,500 712,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30712,500 April 6, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 267,900,000 provided, that in the event any Incremental Term Loans are made, such Incremental Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the applicable Joinder Agreement (including, if such aggregate principal amount of Incremental Term Loans are documented as an increase in an existing Class of the applicable Series of Incremental Term Loans), times (ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans being repaid on such Installment Date and (z) the total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 B Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 B Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental B Term Loan Maturity Date.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche B-1 Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche B-1 Installment”) in the aggregate amounts set forth below and on the dates set forth below (each, an each a Tranche B-1 Installment Date”), commencing ) set forth below: December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2007 $ 1,000,000 March 31, 2008 $ 1,000,000 June 30, 2008 $ 1,000,000 September 30, 2008 $ 1,000,000 December 31, 2008 $ 1,000,000 March 31, 2009 $ 1,000,000 June 30, 2009 $ 1,000,000 September 30, 2009 $ 1,000,000 December 31, 2009 $ 1,000,000 March 31, 2010 $ 1,000,000 June 30, 2010 $ 1,000,000 September 30, 2010 $ 1,000,000 December 31, 2010 $ 1,000,000 March 31, 2011 $ 1,000,000 June 30, 2011 $ 1,000,000 September 30, 2011 $ 1,000,000 December 31, 2011 $ 1,000,000 March 31, 2012 $ 1,000,000 June 30, 2012 $ 1,000,000 September 30, 2012 $ 1,000,000 December 31, 2012 $ 1,000,000 March 31, 2013 $ 1,000,000 June 30, 2013 $ 1,000,000 September 30, 2013 $ 1,000,000 December 31, 2013 $ 812,500 $ 2,212,500 1,000,000 March 31, 2014 $ 812,500 $ 2,212,500 1,000,000 June 30, 2014 $ 812,500 1,000,000 August 15, 2014 $ 2,212,500 373,000,000 (b) The principal amounts of the Tranche B-2 Term Loans shall be repaid in consecutive quarterly installments (each, a “Tranche B-2 Installment”) in the amounts and on the dates (each a “Tranche B-2 Installment Date”) set forth below: December 31, 2007 $ 312,500 March 31, 2008 $ 312,500 June 30, 2008 $ 312,500 September 30, 2008 $ 312,500 December 31, 2008 $ 312,500 March 31, 2009 $ 312,500 June 30, 2009 $ 312,500 September 30, 2009 $ 312,500 December 31, 2009 $ 312,500 March 31, 2010 $ 312,500 June 30, 2010 $ 312,500 September 30, 2010 $ 312,500 December 31, 2010 $ 312,500 March 31, 2011 $ 312,500 June 30, 2011 $ 312,500 September 30, 2011 $ 312,500 December 31, 2011 $ 312,500 March 31, 2012 $ 312,500 June 30, 2012 $ 312,500 September 30, 2012 $ 312,500 December 31, 2012 $ 312,500 March 31, 2013 $ 312,500 June 30, 2013 $ 312,500 September 30, 2013 $ 312,500 December 31, 2013 $ 312,500 March 31, 2014 $ 312,500 June 30, 2014 $ 812,500 $ 2,212,500 December 31312,500 August 15, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 31, 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2019 N/A $ 2,212,500 Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 116,562,500 ; provided, that in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date as set forth in an amount equal to (i) the aggregate principal amount of New Term Loans of the applicable Joinder Agreement Series of New Term Loans, times (including, if such Incremental ii) the ratio (expressed as a percentage) of (y) the amount of all other Term Loans are documented as an increase in an existing Class being repaid on such Installment Date and (z) the total aggregate principal amount of all other Term Loans)Loans outstanding on such Increased Amount Date. Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental B Term Loan Maturity Date.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Aeroflex Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an a Tranche A Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates”, set forth below on in the dates set forth below table below, commencing September 30, 2008: September 30, 2008 $ 10,000,000.00 December 31, 2008 $ 10,000,000.00 March 31, 2009 $ 10,000,000.00 June 30, 2009 $ 10,000,000.00 September 30, 2009 $ 10,000,000.00 December 31, 2009 $ 10,000,000.00 March 31, 2010 $ 10,000,000.00 June 30, 2010 $ 10,000,000.00 September 30, 2010 $ 15,000,000.00 December 31, 2010 $ 15,000,000.00 March 31, 2011 $ 15,000,000.00 June 30, 2011 $ 15,000,000.00 September 30, 2011 $ 15,000,000.00 December 31, 2011 $ 15,000,000.00 March 31, 2012 $ 15,000,000.00 June 30, 2012 $ 15,000,000.00 September 30, 2012 $200,000,000.00 or such lesser aggregate principal amount of Tranche A Term Loans then outstanding (b) The principal amounts of the Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, an a Installment DateTranche B Installment)) in the aggregate amounts and, on the corresponding “Amortization Dates”, set forth in the table below, commencing September 30, 2008: September 30, 2008 $ 500,000.00 December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments 2008 $ 500,000.00 March 31, 2009 $ 500,000.00 June 30, 2009 $ 500,000.00 September 30, 2009 $ 500,000.00 December 31, 2013 2009 $ 812,500 $ 2,212,500 500,000.00 March 31, 2014 2010 $ 812,500 $ 2,212,500 500,000.00 June 30, 2014 2010 $ 812,500 $ 2,212,500 500,000.00 September 30, 2014 2010 $ 812,500 $ 2,212,500 500,000.00 December 31, 2014 2010 $ 812,500 $ 2,212,500 500,000.00 March 31, 2015 2011 $ 812,500 $ 2,212,500 500,000.00 June 30, 2015 2011 $ 812,500 $ 2,212,500 500,000.00 September 30, 2015 2011 $ 812,500 $ 2,212,500 500,000.00 December 31, 2015 2011 $ 812,500 $ 2,212,500 500,000.00 March 31, 2016 2012 $ 812,500 $ 2,212,500 500,000.00 June 30, 2016 2012 $ 812,500 $ 2,212,500 500,000.00 September 30, 2016 2012 $ 812,500 $ 2,212,500 500,000.00 December 31, 2016 2012 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2017 N/A $ 2,212,500 September 30, 2017 N/A $ 2,212,500 December 500,000.00 March 31, 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2018 N/A $ 2,212,500 September 30, 2018 N/A $ 2,212,500 December 31, 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 2019 N/A $ 2,212,500 2013 $191,000,000.00 or such lesser aggregate principal amount of Tranche B Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 Loans then outstanding ; provided, that with respect to clause (b) of this Section 2.12, in the event any Incremental New Term Loans are made, such Incremental New Term Loans shall be repaid on each Installment Date occurring date that Tranche B Installments are made on or after the applicable Increased Amount Date as set forth in the applicable Joinder Agreement (includingDate, if such Incremental Term Loans are documented as an increase in an existing Class amount equal to 1/4 of 1% of the original principal amount of such New Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced on a pro rata basis in connection with any voluntary or mandatory prepayments of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 respective Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Datetherefor.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Hologic Inc)

Scheduled Payments/Commitment Reductions. (a) The principal amounts of the Tranche A Term Loans shall be repaid in consecutive quarterly installments (each, an “Installment”) in the aggregate amounts set forth below on the dates last Business Day of the periods set forth below, commencing on June 30, 2014: FQ2 2014 $ 4,375,000 FQ3 2014 $ 4,375,000 FQ4 2014 $ 4,375,000 FQ1 2015 $ 4,375,000 FQ2 2015 $ 8,750,000 FQ3 2015 $ 8,750,000 FQ4 2015 $ 8,750,000 FQ1 2016 $ 8,750,000 FQ2 2016 $ 13,125,000 FQ3 2016 $ 13,125,000 FQ4 2016 $ 13,125,000 FQ1 2017 $ 13,125,000 FQ2 2017 $ 13,125,000 FQ3 2017 $ 13,125,000 FQ4 2017 $ 13,125,000 FQ1 2018 $ 13,125,000 FQ2 2018 $ 13,125,000 FQ3 2018 $ 13,125,000 FQ4 2018 $ 13,125,000 FQ1 2019 $ 13,125,000 FQ2 2019 $ 122,500,000 FQ3 2019 $ 122,500,000 FQ4 2019 $ 122,500,000 All Tranche A Term Loans outstanding on the Tranche A Term Loan Maturity Date shall be due and payable on such date. (b) The principal amounts of the U.S. Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below (each, an “Installment Date”)on the last Business Day of the periods set forth below, commencing December 31, 2013: Amortization Date Tranche B-1 Term Loan Installments Tranche B-2 Term Loan Installments December 31, 2013 $ 812,500 $ 2,212,500 March 31, 2014 $ 812,500 $ 2,212,500 on June 30, 2014 $ 812,500 $ 2,212,500 September 30, 2014 $ 812,500 $ 2,212,500 December 31, 2014 $ 812,500 $ 2,212,500 March 31, 2015 $ 812,500 $ 2,212,500 June 30, 2015 $ 812,500 $ 2,212,500 September 30, 2015 $ 812,500 $ 2,212,500 December 31, 2015 $ 812,500 $ 2,212,500 March 31, 2016 $ 812,500 $ 2,212,500 June 30, 2016 $ 812,500 $ 2,212,500 September 30, 2016 $ 812,500 $ 2,212,500 December 31, 2016 $ 812,500 $ 2,212,500 Term Loan B-1 Stated Maturity Date $ 314,437,500 ▇/▇ ▇▇2014: ▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ $ 2,212,500 June 30, 8,125,000 FQ3 2014 $ 8,125,000 FQ4 2014 $ 8,125,000 FQ1 2015 $ 8,125,000 FQ2 2015 $ 8,125,000 FQ3 2015 $ 8,125,000 FQ4 2015 $ 8,125,000 FQ1 2016 $ 8,125,000 FQ2 2016 $ 8,125,000 FQ3 2016 $ 8,125,000 FQ4 2016 $ 8,125,000 FQ1 2017 N/A $ 2,212,500 September 30, 8,125,000 FQ2 2017 N/A $ 2,212,500 December 31, 8,125,000 FQ3 2017 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ 8,125,000 FQ4 2017 $ 2,212,500 June 30, 8,125,000 FQ1 2018 N/A $ 2,212,500 September 30, 8,125,000 FQ2 2018 N/A $ 2,212,500 December 31, 8,125,000 FQ3 2018 N/A $ 2,212,500 ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇/▇ 8,125,000 FQ4 2018 $ 2,212,500 June 30, 8,125,000 FQ1 2019 N/A $ 2,212,500 8,125,000 FQ2 2019 $ 8,125,000 FQ3 2019 $ 8,125,000 FQ4 2019 $ 8,125,000 FQ1 2020 $ 8,125,000 FQ2 2020 $ 8,125,000 FQ3 2020 $ 8,125,000 FQ4 2020 $ 8,125,000 All U.S. Tranche B Term Loans outstanding on the Tranche B Term Loan B-2 Stated Maturity Date N/A $ 834,112,500 provided, that in shall be due and payable on such date. (c) The principal amounts of the event any Incremental Term Loans are made, such Incremental Foreign Tranche B Term Loans shall be repaid on each Installment Date occurring on or after in Installments in the applicable Increased Amount Date as aggregate amounts set forth in below on the applicable Joinder Agreement (including, if such Incremental Term Loans are documented as an increase in an existing Class of Term Loans). Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments last Business Day of the Tranche B-1 Term Loans or the Tranche B-2 Term Loansperiods set forth below, as the case may becommencing on June 30, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; (y) the Tranche B-1 Term Loans and the Tranche B-2 Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Tranche B-1 Term Loan Maturity Date and the Tranche B-2 Term Loan Maturity Date, respectively; and (z) Incremental Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Incremental Term Loan Maturity Date.2014:(2)

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Grifols SA)