Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. 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”), commencing on June 30, 2011: (b) The principal amounts of the Foreign Tranche A Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30, 2011: (c) The principal amounts of the U.S. Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30, 2011: (d) The principal amounts of the Foreign Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30, 2011: | || (e) Notwithstanding the foregoing, (x) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans or the Tranche 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 A Term Loans and the Tranche 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 A Term Loan Maturity Date and the Tranche B Term Loan Maturity Date, respectively.
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Scheduled Payments/Commitment Reductions. (a) The principal amounts of the U.S. 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”), commencing on June 30the last day of the Fiscal Quarter ending after the one year anniversary of the Closing Date: If the first Installment Date in respect of the U.S. Tranche A Term Loans is later than FQ1 2012, 2011:then the Installment set forth above for such date shall be allocated to the next four (4) Installment Dates pro rata, and, in any event, all U.S. 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 Foreign Tranche A Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30the last day of the Fiscal Quarter ending after the one year anniversary of the Closing Date: If the first Installment Date in respect of the Foreign Tranche A Term Loans is later than FQ1 2012, 2011:then the Installment set forth above for such date shall be allocated to the next four (4) Installment Dates pro rata, and, in any event, all Foreign Tranche A Term Loans outstanding on the Tranche A Term Loan Maturity Date shall be due and payable on such date.
(c) The principal amounts of the U.S. Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30the last day of the Fiscal Quarter ending after the Closing Date: If the first Installment Date in respect of the U.S. Tranche B Term Loans is later than FQ1 2011, 2011:the Installment set forth above for such date shall be eliminated and added to the remainder payable on the Tranche B Term Loan Maturity Date and, in any event, all U.S. Tranche B Term Loans outstanding on the Tranche B Term Loan Maturity Date shall be due and payable on such date.
(d) The principal amounts of the Foreign Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30the last day of the Fiscal Quarter ending after the Closing Date: If the first Installment Date in respect of the Foreign Tranche B Term Loans is later than FQ1 2011, 2011: | ||the Installment set forth above for such date shall be eliminated and added to the remainder payable on the Tranche B Term Loan Maturity Date and, in any event, all Foreign Tranche B Term Loans outstanding on the Tranche B Term Loan Maturity Date shall be due and payable on such date.
(e) Notwithstanding the foregoing, (xi) such Installments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, in accordance with Sections 2.13, 2.14 and 2.15, as applicable; and (yii) the Tranche A Term Loans and the Tranche 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 A Term Loan Maturity Date and the Tranche B Term Loan Maturity Date, respectively.
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Sources: Credit and Guaranty Agreement (Grifols Germany GmbH)
Scheduled Payments/Commitment Reductions. (a) The aggregate unpaid principal amounts amount of the U.S. Tranche A Term Loans together with all other amounts owed hereunder with respect thereto, shall be repaid paid in consecutive quarterly installments (each, an “Installment”) in full by the aggregate amounts set forth below on Borrowers no later than the dates set forth below (each, an “Installment Term Loan Maturity Date”), commencing on June 30, 2011:.
(b) The principal amounts of the Foreign Tranche A Term Loans Revolving Commitments shall be repaid in Installments in the aggregate amounts set forth below (i) reduced to $20,000,000 on the Installment Dates set forth belowTenth Amendment Effective Date, commencing (ii) reduced to $15,000,000 on June August 30, 2011:
(c) The principal amounts of the U.S. Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30, 2011:
(d) The principal amounts of the Foreign Tranche B Term Loans shall be repaid in Installments in the aggregate amounts set forth below on the Installment Dates set forth below, commencing on June 30, 2011: | ||
(e) Notwithstanding the foregoing2008, (xiii) such Installments shall be reduced to $10,000,000 on October 4, 2008, (iv) reduced from time to time in connection with any voluntary or mandatory prepayments reductions of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, Revolving Commitments in accordance with Sections 2.11, 2.12 and 2.13, 2.14 and 2.15, as applicable; , and (yv) terminated on the Tranche A Term Loans Revolving Commitment Termination Date, and the Tranche B Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full by the Borrowers no later than the Tranche A Term Loan Maturity Revolving Commitment Termination Date.”
(e) Section 2.12(c)(i) of the Credit Agreement is hereby amended by amending and restating the last sentence thereof to read in its entirety as follows: “Notwithstanding anything to the contrary contained in any Credit Document, (x) from the Fifth Amendment Effective Date until (but not including) the Tenth Amendment Effective Date, any Make-Whole Amount that is incurred shall not be required to be paid in cash on the date on which such Make-Whole Amount is incurred, but shall be paid- in-kind on such date by capitalizing such Make-Whole Amount and adding it to the outstanding principal amount of the Tranche B Term Loan, whereupon such Make-Whole Amount shall (i) constitute a portion of the outstanding Tranche B Term Loan for purposes of the Credit Agreement and all other Credit Documents, (ii) be secured by the Collateral, (iii) constitute a portion of the Obligations owing by the Credit Parties to Agents and Lenders, and (iv) be payable on the Term Loan Maturity Date, respectively.and (y) on and after the Tenth Amendment Effective Date, any Make-Whole Amount that is incurred shall paid in cash with the proceeds of Revolving Loans; and”
(f) Section 2.13(g) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
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