Certain Matters Relating to Repayments and Prepayments Sample Clauses

Certain Matters Relating to Repayments and Prepayments. (a) On the date on which Advances are to be repaid or prepaid, and if less than all Loans are to be repaid or prepaid, if the Second LIBOR Method is applicable and if both Base Rate Loans and LIBOR Loans are outstanding, the Borrower will specify whether the Loan to be repaid or prepaid shall be a Base Rate Loan or a LIBOR Loan and, if a LIBOR Loan is to be repaid or prepaid and more than one LIBOR Loan is outstanding, which such LIBOR Loan shall be prepaid.
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Certain Matters Relating to Repayments and Prepayments. 63 ARTICLE IV ILLEGALITY, INCREASED COSTS, CAPITAL ADEQUACY AND INDEMNITIES................................................................64 Section 4.01. Illegality.............................................64 Section 4.02. Additional Costs and Capital Adequacy..................65 Section 4.03. Taxes..................................................66 Section 4.04. Survival...............................................68 ARTICLE V
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Certain Matters Relating to Repayments and Prepayments. (a) On the earlier of the date on which Loans are to be repaid or prepaid and the date on which notice of such payment or prepayment is required to be given under this Agreement, if less than all Loans are to be repaid or prepaid, the Borrower will specify whether the Loan to be repaid or prepaid shall be a Base Rate Loan or a LIBO Rate Loan and, if a LIBO Rate Loan is to be repaid or prepaid and more than one LIBO Rate Loan is outstanding, which such Loan shall be prepaid. Prepayments and repayments of LIBO Rate Loans made other than on the last day of the Interest Period applicable thereto shall be subject to the payment by the Borrower of amounts owed under Section 12.4(b).
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Certain Matters Relating to Repayments and Prepayments. 47 ARTICLE IV ILLEGALITY, INCREASED COSTS, CAPITAL ADEQUACY AND INDEMNITIES
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Certain Matters Relating to Repayments and Prepayments. (a) ------------------------------------------------------ On the date on which Advances of a specified tranche are to be repaid or prepaid, and if less than all Loans of such tranche are to be repaid or prepaid, if the Second LIBOR Method is applicable and if both Base Rate Loans and LIBOR Rate Loans are outstanding with respect to such tranche, the Borrower will specify whether the Loan to be repaid or prepaid shall be a Base Rate Loan or a LIBOR Rate Loan and, if a LIBOR Rate Loan is to be repaid or prepaid and more than one LIBOR Rate Loan is outstanding, which such Loan shall be prepaid.
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Certain Matters Relating to Repayments and Prepayments. 32 ------------------------------------------------------ 9. AFFIRMATIVE COVENANTS..................................................... 33 Section 9.1 Maintenance of Office................................. 33 --------------------- Section 9.2 Records and Accounts.................................. 33 -------------------- Section 9.3 Corporate Existence; Maintenance of Licenses.......... 33 -------------------------------------------- Section 9.4 Maintenance of Properties............................. 34 ------------------------- Section 9.5 Insurance............................................. 35 --------- Section 9.6 Taxes................................................. 36 ----- Section 9.7 Compliance with Laws, Contracts, License, and Permits. 36 ----------------------------------------------------- Section 9.8 Further Assurances.................................... 37 ------------------ Section 9.9 Authorization from Landlord/Mortgagee, Etc............ 37 ------------------------------------------ Section 9.10
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Certain Matters Relating to Repayments and Prepayments. (a) All prepayments and repayments pursuant to this Article 8 shall be accompanied by such additional amounts as are sufficient to pay accrued and unpaid interest on the principal amount of the Notes then being prepaid or repaid.
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Related to Certain Matters Relating to Repayments and Prepayments

  • Certain Matters Relating to Receivables 15 6.2 Communications with Obligors; Grantors Remain Liable..... 15 6.3

  • Certain Rules Relating to the Payment of Additional Amounts (a) Upon the request, and at the expense of the Borrower, each Lender and Agent to which the Borrower is required to pay any additional amount pursuant to Subsection 4.10 or 4.11, and any Participant in respect of whose participation such payment is required, shall reasonably afford the Borrower the opportunity to contest, and reasonably cooperate with the Borrower in contesting, the imposition of any Non-Excluded Tax giving rise to such payment; provided that (i) such Lender or Agent shall not be required to afford the Borrower the opportunity to so contest unless the Borrower shall have confirmed in writing to such Lender or Agent its obligation to pay such amounts pursuant to this Agreement and (ii) the Borrower shall reimburse such Lender or Agent for its reasonable attorneys’ and accountants’ fees and disbursements incurred in so cooperating with the Borrower in contesting the imposition of such Non-Excluded Tax; provided, however, that notwithstanding the foregoing no Lender or Agent shall be required to afford the Borrower the opportunity to contest, or cooperate with the Borrower in contesting, the imposition of any Non-Excluded Taxes, if such Lender or Agent in its sole discretion in good faith determines that to do so would have an adverse effect on it.

  • Mandatory Repayments and Prepayments 28 SECTION 3.06.

  • Repayments and Prepayments; Application The Borrower agrees that the Loans shall be repaid and prepaid pursuant to the following terms.

  • Mandatory Payments and Prepayments (a) Except to the extent due or paid sooner pursuant to the provisions of this Agreement, the aggregate outstanding principal of the Loans shall be due and payable in full on the Maturity Date.

  • Application of Prepayments Reductions (a) Any prepayment of any Loan pursuant to Section 2.11 shall be applied as specified by the Borrower in the applicable notice of prepayment; provided, in the event the Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows:

  • Special Provisions Relating to Certain Collateral 13 Section 4.05. Remedies. 15 Section 4.06. Deficiency 17 Section 4.07. Locations, Names, Etc 17 Section 4.08. Private Sale 17 Section 4.09. Application of Proceeds 17 Section 4.10. Attorney in Fact and Proxy 17 Section 4.11. Perfection and Recordation 18 Section 4.12. Termination 18 Section 4.13. Further Assurances 18

  • Collateral Matters Relating to Related Obligations The provisions of this Agreement and the other Loan Documents relating to the Collateral shall extend to and be available in respect of any Secured Obligation arising under any Hedging Contract or Cash Management Obligation or that is otherwise owed to Persons other than the Facility Agents, the Lenders and the Issuers (collectively, “Related Obligations”) solely on the condition and understanding, as among the Facility Agents and all Secured Parties, that (a) the Related Obligations shall be entitled to the benefit of the Collateral to the extent expressly set forth in this Agreement and the other Loan Documents and to such extent the Facility Agents shall hold, and have the right and power to act with respect to, the Guaranty and the Collateral on behalf of and as agent for the holders of the Related Obligations, but each Facility Agent is otherwise acting solely as agent for the Lenders and the Issuers and shall have no fiduciary duty, duty of loyalty, duty of care, duty of disclosure or other obligation whatsoever to any holder of Related Obligations, (b) all matters, acts and omissions relating in any manner to the Guaranty, the Collateral, or the omission, creation, perfection, priority, abandonment or release of any Lien, shall be governed solely by the provisions of this Agreement and the other Loan Documents and no separate Lien, right, power or remedy shall arise or exist in favor of any Secured Party under any separate instrument or agreement or in respect of any Related Obligation, (c) each Secured Party shall be bound by all actions taken or omitted, in accordance with the provisions of this Agreement and the other Loan Documents, by any of the Facility Agents and the Requisite Lenders, each of whom shall be entitled to act at its sole discretion and exclusively in its own interest given its own Commitments and its own interest in the Loans, Letter of Credit Obligations and other Obligations to it arising under this Agreement or the other Loan Documents, without any duty or liability to any other Secured Party or as to any Related Obligation and without regard to whether any Related Obligation remains outstanding or is deprived of the benefit of the Collateral or becomes unsecured or is otherwise affected or put in jeopardy thereby, (d) no holder of Related Obligations and no other Secured Party (except the Facility Agents, the Lenders and the Issuers, to the extent set forth in this Agreement) shall have any right to be notified of, or to direct, require or be heard with respect to, any action taken or omitted in respect of the Collateral or under this Agreement or the other Loan Documents and (e) no holder of any Related Obligation shall exercise any right of setoff, banker’s lien or similar right except to the extent provided in Section 11.6 and then only to the extent such right is provided for under the documents governing such Related Obligation and exercised in compliance with Section 11.7.

  • Application of Certain Mandatory Prepayments Any prepayments made by Borrower pursuant to Section 1.3(b)(iii) above, and any prepayments from insurance or condemnation proceeds in accordance with Section 5.4(c), shall be applied as follows: first, to Fees and reimbursable expenses of Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Swing Line Loan; third, to the principal balance of the Swing Line Loan until the same has been repaid in full; fourth, to interest then due and payable on Revolving Credit Advances; fifth, to the principal balance of Revolving Credit Advances until the same has been paid in full; and sixth, to any Letter of Credit Obligations of Borrower to provide cash collateral therefor in the manner set forth in Annex B, until all such Letter of Credit Obligations have been fully cash collateralized in the manner set forth in Annex B. Neither the Revolving Loan Commitment nor the Swing Line Commitment shall be permanently reduced by the amount of any such prepayments. Any prepayments made by Borrower pursuant to Section 1.3(b)(iv) above shall be applied to the principal balance of outstanding Revolving Credit Advances and as a concurrent and permanent reduction of the Revolving Loan Commitment, pro rata among all Lenders.

  • Allocation of Prepayments Before any optional or mandatory prepayment of Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to Section 2.10(f).

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