Amortization. The Borrower shall make principal payments on the Initial Term Loans in equal installments on each Quarterly Date, commencing with the Quarterly Date of the first full fiscal quarter following the Initial Term Loan Borrowing Date, in an aggregate amount equal to # for the first (1st) through twelfth (12th) full fiscal quarters following the Initial Term Loan Borrowing Date, 1.25% of the aggregate principal amount of Initial Term Loans made on the Initial Term Loan Borrowing Date and # for each fiscal quarter thereafter, 2.50% of the aggregate principal amount of Initial Term Loans made on the Initial Term Loan Borrowing Date, in the case of each of [clauses (i) and (ii)])], per fiscal quarter with final payment to be made no later than the applicable Maturity Date. In the event that any Other Loans are made, the Borrower shall repay such Other Loans on the dates and in the amounts set forth in the related Increase Joinder, Refinancing Amendment or Extension Amendment, as applicable.
Amortization. TheTo the extent not otherwise required to be paid earlier as provided herein, Borrower shall make principal payments on the Initial Term Loans in equal installments on each Quarterly Date, commencing with the Quarterly Date of the first full fiscal quarter following the Initial Term Loan Borrowing Date, in an aggregate amount equal to # for the first (1st) through twelfth (12th) full fiscal quarters following the Initial Term Loan Borrowing Date, 1.25% ofrepay the aggregate principal amount of Initialall outstanding Term Loans madein quarterly principal installments, payable on the Initial Term Loan Borrowing Date and # forlast Business Day of each fiscal quarter thereafter,of Borrower (commencing with the fiscal quarter ending ) (each, a “Quarterly Payment Date”) in an amount equal to 2.50% of the aggregate principal amountbalance of Initialthe Term Loans madeoutstanding as of the Closing Date plus the aggregate original principal balance of all Term Loans funded after the Closing Date and prior to the first day of the fiscal quarter in which such Quarterly Payment Date falls. All outstanding principal and accrued interest and fees in respect of the Term Loans shall be due and payable in full on the InitialMaturity Date or such earlier date as the Term Loan Borrowing Date, inLoans may be accelerated pursuant to the case of each of [clauses (i) and (ii)])], per fiscal quarter with final paymentterms hereof. If any principal repayment installment to be made no later than the applicable Maturity Date. In the event that any Other Loans are made, theby Borrower shall repaycome due on a day other than a Business Day, such Other Loansprincipal repayment installment shall be due on the datesnext succeeding Business Day, and such extension of time shall be reflected in the amounts set forth in the related Increase Joinder, Refinancing Amendmentcomputing interest or Extension Amendment, as applicable.fees.
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