Scheduled Repayments. Commencing on July 20, 2002 and on the twentieth (20th) day of each October, January, April and July occurring thereafter, the Borrower shall repay the principal amount of the Loan in 36 consecutive payments equal to the amount of principal scheduled to be repaid on such date as set forth on Schedule 7(A) hereto, with the last such quarterly ------------- principal payment installment due and payable on April 20, 2011 (the "Maturity Date"). If any repayment date is not a Business Day, then the principal repayment then due shall be paid on the next Business Day and shall continue to accrue interest until paid. If not sooner required to be repaid, all advances under the Loan and all other amounts due and owning hereunder and under the other Loan Documents relating to the Loan shall be due and payable on the Maturity Date.
Appears in 2 contracts
Sources: Master Loan Agreement (Knology Inc), First Supplement to the Master Loan Agreement (Knology Inc)
Scheduled Repayments. Commencing on July January 20, 2002 2003 and on the twentieth (20th) day of each OctoberApril, JanuaryJuly, April October and July January occurring thereafter, the Borrower Borrowers shall repay the principal amount of the Loan in 36 34 consecutive payments equal to the amount of principal scheduled to be repaid on such date as set forth on Schedule 7(A) hereto, with the last such quarterly ------------- principal payment installment due and payable on April 20, 2011 (the "Maturity Date"). If any repayment date is not a Business Day, then the principal repayment then due shall be paid on the next Business Day and shall continue to accrue interest until paid. If not sooner required to be repaid, all advances under the Loan and all other amounts due and owning hereunder and under the other Loan Documents relating to the Loan shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Loan Agreement (Knology Inc)