Common use of Scheduled Payments/Commitment Reductions Clause in Contracts

Scheduled Payments/Commitment Reductions. (a) SCHEDULED INSTALLMENTS. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, a "TERM LOAN INSTALLMENT") in the aggregate amounts and on the dates (each, a "TERM LOAN INSTALLMENT DATE") set forth below, commencing on September 30, 2002. TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT September 30, 2002 $825,000 December 31, 2002 $825,000 March 31, 2003 $825,000 June 30, 2003 $825,000 September 30, 2003 $825,000 December 31, 2003 $825,000 March 31, 2004 $825,000 June 30, 2004 $825,000 September 30, 2004 $825,000 December 31, 2004 $825,000 March 31, 2005 $825,000 TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT June 30, 2005 $825,000 September 30, 2005 $825,000 December 31, 2005 $825,000 March 31, 2006 $825,000 June 30, 2006 $825,000 September 30, 2006 $825,000 December 31, 2006 $825,000 March 31, 2007 $825,000 June 30, 2007 $825,000 September 30, 2007 $825,000 December 31, 2007 $825,000 March 31, 2008 $825,000 June 30, 2008 $825,000 September 30, 2008 $825,000 December 31, 2008 $825,000 March 31, 2009 $825,000 June 30, 2009 $825,000 September 30, 2009 $76,725,000 December 31, 2009 $76,725,000 March 31, 2010 $76,725,000 June 30, 2010 $76,725,000 (b) The principal amount of the Delayed Draw Loans shall be repaid in consecutive quarterly installments (each, a "DELAYED DRAW INSTALLMENT") on the dates set forth below (each, a "DELAYED DRAW INSTALLMENT DATE"), commencing on March 31, 2004. Each installment shall be in an amount equal to the sum of (x) the initial principal amount of the Delayed Draw Loans, times (y) the percentage listed below for the applicable Delayed Draw Installment Date. DELAYED DRAW INSTALLMENT DATE DELAYED DRAW INSTALLMENT March 31, 2004 2% June 30, 2004 2% September 30, 2004 2% December 31, 2004 2% March 31, 2005 4% June 30, 2005 4% September 30, 2005 4% December 31, 2005 4% March 31, 2006 6% June 30, 2006 6% September 30, 2006 6% December 31, 2006 6% March 31, 2007 8% June 30, 2007 8% September 30, 2007 8% December 31, 2007 8% March 31, 2008 10% June 30, 2008 10% (c) Notwithstanding the foregoing, (i)Term Loan Installments and Delayed Draw Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans or the Delayed Draw Loans, as the case may be, in accordance with Sections 2.14, 2.15 and 2.16, as applicable; and (ii) the Term Loans and the Delayed Draw Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date and the Delayed Draw Loan Maturity Date, respectively.

Scheduled Payments/Commitment Reductions. (a) SCHEDULED INSTALLMENTSScheduled Installments. The principal amounts of the Tranche B Term Loans shall be repaid in consecutive quarterly installments (each, a an "TERM LOAN INSTALLMENT") in the aggregate amounts and set forth below on the dates Business Day immediately following the last day of each Fiscal Quarter (each, a an "TERM LOAN INSTALLMENT DATE") set forth below, commencing on September 30, 2002. TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT September 30, 2002 $825,000 December 31, 2002 $825,000 March 31, 2003 $825,000 June 30, 2003 $825,000 September 30, 2003 $825,000 December 31, 2003 $825,000 March 31, 2004 $825,000 June 30, 2004 $825,000 September 30, 2004 $825,000 December 31, 2004 $825,000 March 31, 2005 $825,000 TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT June 30, 2005 $825,000 September 30, 2005 $825,000 December 31, 2005 $825,000 March 31, 2006 $825,000 June 30, 2006 $825,000 September 30, 2006 $825,000 December 31, 2006 $825,000 March 31, 2007 $825,000 June 30, 2007 $825,000 September 30, 2007 $825,000 December 31, 2007 $825,000 March 31, 2008 $825,000 June 30, 2008 $825,000 September 30, 2008 $825,000 December 31, 2008 $825,000 March 31, 2009 $825,000 June 30, 2009 $825,000 September 30, 2009 $76,725,000 December 31, 2009 $76,725,000 March 31, 2010 $76,725,000 June 30, 2010 $76,725,000 (b) The principal amount of the Delayed Draw Loans shall be repaid in consecutive quarterly installments (each, a "DELAYED DRAW INSTALLMENT") on the dates set forth below (each, a "DELAYED DRAW INSTALLMENT DATE"), commencing on March May 31, 2004. Each installment : FISCAL QUARTER TRANCHE B TERM LOAN INSTALLMENT▇ -------------- -------------------------------- May 31, 2004 $ 387,500 August 30, 2004 $ 387,500 November 29, 2004 $ 387,500 February 28, 2005 $ 387,500 May 30, 2005 $ 387,500 August 29, 2005 $ 387,500 November 28, 2005 $ 387,500 February 2, 2006 $ 387,500 May 29, 2006 $ 387,500 August 28, 2006 $ 387,500 November 27, 2007 $ 387,500 February 26, 2007 $ 387,500 May 28, 2007 $ 387,500 August 27, 2007 $ 387,500 November 26, 2007 $ 387,500 February 25, 2008 $ 387,500 June 2, 2008 $ 387,500 September 1, 2008 $ 387,500 December 1, 2008 $ 387,500 March 2, 2009 $ 387,500 June 1, 2009 $ 387,500 August 31, 2009 $ 387,500 November 30, 2009 $ 387,500 March 1, 2010 $ 387,500 May 31, 2010 $ 387,500 August 30, 2010 $ 387,500 November 29, 2010 $ 387,500 February 28, 2011 $ 387,500 Tranche B Term Loan $144,150,000 Maturity Date ; provided, in the event any New Term Loans are made, such New Term Loans shall be repaid on each Installment Date occurring on or after the applicable Increased Amount Date in an amount equal to the sum of (xi) the initial aggregate principal amount of New Term Loans of the Delayed Draw applicable Series of New Term Loans, times (ii) the ratio (expressed as a percentage) of (y) the percentage listed below for amount of all other Term Loans being repaid on such Installment Date and (z) the applicable Delayed Draw Installment total aggregate principal amount of all other Term Loans outstanding on such Increased Amount Date. DELAYED DRAW INSTALLMENT DATE DELAYED DRAW INSTALLMENT March 31, 2004 2% June 30, 2004 2% September 30, 2004 2% December 31, 2004 2% March 31, 2005 4% June 30, 2005 4% September 30, 2005 4% December 31, 2005 4% March 31, 2006 6% June 30, 2006 6% September 30, 2006 6% December 31, 2006 6% March 31, 2007 8% June 30, 2007 8% September 30, 2007 8% December 31, 2007 8% March 31, 2008 10% June 30, 2008 10% (c) Notwithstanding the foregoing, (i)Term Loan Installments and Delayed Draw x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B Term Loans or the Delayed Draw Loans, as the case may be, in accordance with Sections 2.142.13, 2.15 2.14 and 2.162.15, as applicable; and (iiy) the Tranche B Term Loans and the Delayed Draw 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 Term Loan Maturity Date and Date. (b) Revolving Loans shall be paid in full on the Delayed Draw Loan Maturity Revolving Commitment Termination Date, respectively.

Scheduled Payments/Commitment Reductions. (a) SCHEDULED INSTALLMENTSScheduled Installments. The principal amounts of the Term Loans shall be repaid in consecutive quarterly installments (each, a an "TERM LOAN INSTALLMENT") in the aggregate amounts and set forth below on the dates last day of each Fiscal Quarter (each, a an "TERM LOAN INSTALLMENT DATE") set forth below, commencing on September 30, 2002. TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT September 30, 2002 $825,000 December 31, 2002 $825,000 March 31, 2003 $825,000 June 30, 2003 $825,000 September 30, 2003 $825,000 December 31, 2003 $825,000 March 31, 2004 $825,000 June 30, 2004 $825,000 September 30, 2004 $825,000 December 31, 2004 $825,000 March 31, 2005 $825,000 TERM LOAN INSTALLMENT DATE TERM LOAN INSTALLMENT June 30, 2005 $825,000 September 30, 2005 $825,000 December 31, 2005 $825,000 March 31, 2006 $825,000 June 30, 2006 $825,000 September 30, 2006 $825,000 December 31, 2006 $825,000 March 31, 2007 $825,000 June 30, 2007 $825,000 September 30, 2007 $825,000 December 31, 2007 $825,000 March 31, 2008 $825,000 June 30, 2008 $825,000 September 30, 2008 $825,000 December 31, 2008 $825,000 March 31, 2009 $825,000 June 30, 2009 $825,000 September 30, 2009 $76,725,000 December 31, 2009 $76,725,000 March 31, 2010 $76,725,000 June 30, 2010 $76,725,000 (b) The principal amount of the Delayed Draw Loans shall be repaid in consecutive quarterly installments (each, a "DELAYED DRAW INSTALLMENT") on the dates set forth below (each, a "DELAYED DRAW INSTALLMENT DATE"), commencing on March 31September 30, 2004. Each installment shall be in an amount equal to the sum of (x) the initial principal amount of the Delayed Draw Loans, times (y) the percentage listed below for the applicable Delayed Draw Installment Date. DELAYED DRAW INSTALLMENT DATE DELAYED DRAW INSTALLMENT March 31, 2004 2% June 30, 2004 2% : FISCAL QUARTER TERM LOAN INSTALLMENTS -------------- ---------------------- September 30, 2004 2% $ 512,500 December 31, 2004 2% $ 512,500 March 31, 2005 4% $ 512,500 June 30, 2005 4% $ 512,500 September 30, 2005 4% $ 512,500 December 31, 2005 4% $ 512,500 March 31, 2006 6% $ 512,500 June 30, 2006 6% $ 512,500 September 30, 2006 6% $ 512,500 December 31, 2006 6% $ 512,500 March 31, 2007 8% $ 512,500 June 30, 2007 8% $ 512,500 September 30, 2007 8% $ 512,500 December 31, 2007 8% $ 512,500 FISCAL QUARTER TERM LOAN INSTALLMENTS -------------- ---------------------- March 31, 2008 10% $ 512,500 June 30, 2008 10% (c) $ 512,500 September 30, 2008 $ 512,500 December 31, 2008 $ 512,500 March 31, 2009 $ 512,500 June 30, 2009 $ 512,500 September 30, 2009 $ 512,500 December 31, 2009 $ 512,500 March 31, 2010 $ 512,500 June 30, 2010 $ 512,500 September 30, 2010 $24,087,500 December 31, 2010 $24,087,500 March 31, 2011 $24,087,500 June 30, 2011 $24,087,500 September 30, 2011 $24,087,500 December 31, 2011 $24,087,500 March 31, 2012 $24,087,500 Term Loan Maturity Date $24,087,500 Notwithstanding the foregoing, (i)Term Loan Installments and Delayed Draw x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans or the Delayed Draw Loans, as the case may be, in accordance with Sections 2.142.13, 2.15 2.14 and 2.162.15, as applicable; and (iiy) the Term Loans and the Delayed Draw Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the Term Loan Maturity Date and the Delayed Draw Loan Maturity Date, respectively.