Common use of Payment of Principal Clause in Contracts

Payment of Principal. Principal of the Notes shall be due and payable to the Agent for the ratable benefit of the Banks on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b) hereof.

Appears in 5 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

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Payment of Principal. Principal of the Note or Notes shall be due and payable to the Administrative Agent for the ratable benefit of the Banks Lenders on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 9(b) hereof.

Appears in 3 contracts

Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)

Payment of Principal. Principal of the Note or Notes shall be due and payable to the Agent for the ratable benefit of the Banks Lenders on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 9(b) hereof.

Appears in 3 contracts

Samples: Credit Agreement (Southwest Royalties Inc), Credit Agreement (Southwest Royalties Holdings Inc), Credit Agreement (3tec Energy Corp)

Payment of Principal. Principal of the Revolving Note or Notes shall be due and payable to the Agent for the ratable benefit of the Banks on the Revolving Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 9(b) hereof.

Appears in 3 contracts

Samples: Loan Agreement (Gothic Energy Corp), Credit Agreement (Continental Crude Co), Credit Agreement (Continental Resources Inc)

Payment of Principal. Principal of the Revolving Note or Notes shall be due and payable to the Agent Agent, for the ratable benefit of the Banks Lenders, on the Revolving Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 9(b) hereof.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

Payment of Principal. Principal of the Revolving Notes shall be due and payable to the Agent for the ratable benefit of the Banks Lenders on the Revolving Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b9(b) hereof.

Appears in 2 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

Payment of Principal. Principal of the Note or Notes shall be -------------------- due and payable to the Agent for the ratable benefit of the Banks Lenders on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b2(f), 9(b) and 9(c) hereof.

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Payment of Principal. Principal of the Note or Notes shall be due and payable to the Agent for the ratable benefit of the Banks Lenders on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b2(f) and 9(b) hereof.

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

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Payment of Principal. Principal of the Revolving Notes shall be due and payable to the Agent for the ratable benefit of the Banks on the Maturity Date unless earlier due in whole or in part pursuant to Section 2(f) above or as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 7(b) hereofbelow.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Payment of Principal. Principal of the Note or Notes shall be due and payable to the Agent Agent, for the ratable benefit of the Banks Lenders, on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b) hereofSection 9(b).

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Payment of Principal. Principal of the Revolving Notes shall be due and payable to the Agent for the ratable benefit of the Banks on the Maturity Date unless earlier due in whole or in part as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(b) hereof.

Appears in 1 contract

Samples: Credit Agreement (Atwood Oceanics Inc)

Payment of Principal. Principal of the Revolving Note or Notes shall be due and payable to the Agent for the ratable benefit of the Banks on the Revolving Maturity Date unless earlier due in whole or in part pursuant to Section 2(f) above or as a result of an acceleration of the amount due or pursuant to the mandatory prepayment provisions of Sections 8(bSection 9(b) hereof.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (Canaan Energy Corp)

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