Common use of Scheduled Prepayments Clause in Contracts

Scheduled Prepayments. On April 30, 2004, the Company will pay all of the principal amount of the Series A Notes remaining outstanding on such date, if any. On April 30, 2004, the Company will pay $6,039,342.87 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. On September 1, 2004 and on each September 1 thereafter to and including September 1, 2008 the Company will pay $4,285,714.29 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. The Company will pay all of the principal amount of the Series B Notes remaining outstanding, if any, on September 1, 2008. Upon any partial prepayment of any series of the Notes pursuant to Section 8.1(b), Section 8.1(c), Section 8.1(d), Section 8.1(e), Section 8.1(f), Section 8.1(g), Section 8.1(h) or Section 8.2 or purchase of any series of the Notes permitted by Section 8.5 the principal amount of each required prepayment of any series of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be applied to the then remaining required principal payments in the inverse order of their maturities."

Scheduled Prepayments. On April 30September 1, 20042003, the Company will pay all of the principal amount of the Series A Notes remaining outstanding on such dateremaining, if any. On April 30September 1, 20042003, the Company will pay $6,039,342.87 6,047,880.79 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. On September 1, 2004 and on each September 1 thereafter to and including September 1, 2008 the Company will pay $4,285,714.29 of the principal amount (or such lesser principal amount as shall then be outstanding) of the Series B Notes at par and without payment of the Make-Whole Amount or any premium. The Company will pay all of the principal amount of the Series B Notes remaining outstandingremaining, if any, on September 1, 2008. Upon any partial prepayment of any series of the Notes pursuant to Section 8.1(b), Section 8.1(c), Section 8.1(d), Section 8.1(e), Section 8.1(f), Section 8.1(g), Section 8.1(h) or Section 8.2 or purchase of any series of the Notes permitted by Section 8.5 the principal amount of each required prepayment of any series of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be applied to the then remaining required principal payments in the inverse order of their maturities."