Common use of Borrowings and Repayment Clause in Contracts

Borrowings and Repayment. Borrowers shall borrow 100% of the Aggregate FILO Facility Commitments on each date specified in Section 2.18(a) and, except as otherwise required under Section 2.05(c), shall not prepay or repay FILO Loans until the next applicable FILO Facility Payment Date. On each FILO Facility Payment Date, the Borrowers shall repay in full in cash all outstanding FILO Loans. No FILO Loans may be borrowed or remain outstanding on any day that does not occur during a FILO Draw Period. FILO Loans may be Base Rate Loans or LIBO Rate Loans, as further provided herein.

Borrowings and Repayment. Borrowers shall borrow 100% of the Aggregate FILO Facility Commitments on each date specified in Section 2.18(a) and, except as otherwise required under Section 2.05(c), shall not prepay or repay FILO Loans until the next applicable FILO Facility Payment Date. On each FILO Facility Payment Date, the Borrowers shall repay in full in cash all outstanding FILO Loans. No FILO Loans may be borrowed or remain outstanding on any day that does not occur during a FILO Draw Period. FILO Loans may be Base Rate Loans or LIBO Rate Term SOFR Loans, as further provided herein.

Borrowings and Repayment. Borrowers shall borrow 100% of the Aggregate FILO Facility Commitments on each date specified in Section 2.18(a) and, except as otherwise required under Section 2.05(c), shall not prepay or repay FILO Loans until the next applicable FILO Facility Payment Date. On each FILO Facility Payment Date, the Borrowers shall repay in full in cash all outstanding FILO Loans. No FILO Loans may be borrowed or remain outstanding on any day that does not occur during a FILO Draw Period. FILO Loans may be Base Rate Loans or LIBO Rate RateTerm SOFR Loans, as further provided herein.