Common use of Confirmation of Payments and Repayment Clause in Contracts

Confirmation of Payments and Repayment. The Parties hereby agree and confirm that Party A has made the Payments to third parties on behalf of Party B. Party B shall make a repayment to Party A of all the amount of the Payments on the date falling 6 years after the date of this Agreement, provided that Party B shall be able to prepay the amount of the Payments in whole or in part at any time prior to such date without premium or penalty.

Appears in 1 contract

Samples: Agreement (MIE Holdings Corp)

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Confirmation of Payments and Repayment. The Parties hereby agree and confirm that Party A has made the Payments set out in Annex A hereto to third parties on behalf of Party B. Party B shall make a repayment to Party A of all the amount of the Payments on in accordance with the date falling 6 years after the date of Repayment Schedule attached as Annex B to this Agreement, provided that Party B shall be able permitted to prepay the amount of the Payments in whole or in part at any time prior to such date the dates referenced therein without premium or penalty.

Appears in 1 contract

Samples: Agreement (MIE Holdings Corp)

Confirmation of Payments and Repayment. The Parties hereby agree and confirm that Party A has made the Payments set out in Annex A hereto to third parties on behalf of Party B. Party B shall make a repayment to Party A of all the then outstanding amount of the Payments (as may be set-off or written-off from time to time) on the date falling 6 years after the date of this Agreement30 June 2009, provided that Party B shall be able permitted to prepay the amount of the Payments in whole or in part at any time prior to such date 30 June 2009 without premium or penalty.”

Appears in 1 contract

Samples: Tripartite Agreement (MIE Holdings Corp)

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Confirmation of Payments and Repayment. The Parties hereby agree and confirm that Party A has made the Payments to third parties on behalf of Party B. Party B shall make a repayment to Party A of all the amount of the Payments on the date falling 6 years after the date of this Agreement, provided that Party B shall be able permitted to prepay the amount of the Payments in whole or in part at any time prior to such date without premium or penalty.

Appears in 1 contract

Samples: Agreement (MIE Holdings Corp)

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