Common use of Amortization; Repayment Clause in Contracts

Amortization; Repayment. 3.1. The Borrower will amortize the Facility as stipulated in the Schedule hereunder written, subject to any other changes in such amortization as communicated later in writing by the Bank to the Borrower. However, in the event of delay or advancement, for any reason whatsoever, in the disbursement of the Facility, the Due Date of payment of first EMI shall in such case be the corresponding day of the following months to the day currently stated in the Schedule hereunder written.

Appears in 5 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

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