Print Page  Close Window

SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
<PAGE>
 
                                           Tranche A         Tranche B
                                             Term              Term
            Date                         Loans Amount      Loans Amount
            ----                         ------------      ------------
March 31, 2006                         $      4,800,000  $      7,875,000
June 30, 2006                                      ----  $      7,500,000
September 30, 2006                                 ----  $      7,500,000


         (ii) On each date set forth below, the Revolving Commitments shall be
         reduced in an aggregate amount equal to the amount set forth opposite
         such date.


                                                Revolving Commitment
                  Date                           Reduction Amount
       ------------------------------          ----------------------
         June 30, 2002                                $2,000,000
         September 30, 2002                           $2,000,000
         December 31, 2002                            $2,000,000
         March 31, 2003                               $2,000,000
         June 30, 2003                                $2,000,000
         September 30, 2003                           $2,000,000
         December 31, 2003                            $2,000,000
         March 31, 2004                               $2,000,000
         June 30, 2004                                $2,000,000
         September 30, 2004                           $2,000,000
         December 31, 2004                            $2,000,000
         March 31, 2005                               $2,000,000
         June 30, 2005                                $4,000,000
         September 30, 2005                           $4,000,000
         December 31, 2005                            $4,000,000
         March 31, 2006                               $4,000,000


         (b) Prepayment and Reduction. (i) In addition, the Borrower shall
prepay Term Loans and, solely in the case of clause (x) below, the Revolving
Commitments shall be reduced as follows:

                           (x) on the date which the Borrower or any of its
                  Subsidiaries shall receive (A) Net Cash Proceeds with respect
                  to (1) any Asset Sale made in any fiscal year, but solely if,
                  and solely to the extent that, the aggregate Net Cash Proceeds
                  from such Asset Sale, when combined with all other Asset Sales
                  previously

                                       48