Construction Loan Principal Payments. Borrowers shall repay to Administrative Agent, for the account of each Lender, in full on the Construction Loan Maturity Date the unpaid principal amount of all Construction Loans made by such Lender which will not be Term-Converted to Term Loans and at such time as provided in Section 2.1.2(a), together with any unpaid interest, fees and costs related thereto. Borrowers may not re-borrow the principal amount of any Construction Loan so repaid.
Construction Loan Principal Payments. Borrower shall repay to Administrative Agent, for the account of each Bank and each Lender Group, the aggregate unpaid principal amount of all Construction Loans made by each such Bank or each such Lender Group, as the case may be, in installments payable on the Amortization Commencement Date and each Quarterly Date thereafter in accordance with Exhibit H hereto, with any remaining unpaid principal, interest, fees and costs due and payable on the Final Maturity Date. Once repaid, Construction Loans may not be reborrowed; provided that (i) Construction Loans that are repaid pursuant to Section 6.4(a)(iii) may be reborrowed, in accordance with the terms hereof, in connection with a Substitute Project that becomes an Approved Project pursuant to Section 3.11, and (ii) the Construction Loan Commitments may be reutilized as contemplated by Section 9.17 in accordance with the terms hereof.
Construction Loan Principal Payments. Construction Loans shall automatically convert to Term Loans upon Term Conversion pursuant to Section 2.1.2(b). Co-Borrowers shall repay to Administrative Agent, for the account of each Lender, in full on the Construction Maturity Date the outstanding principal amount of any Construction Loan made by such Lender which have not been converted to Term Loans pursuant to Section 2.1.2(b).
Construction Loan Principal Payments. Borrower shall repay to Administrative Agent, for the account of each Bank, in full on the Loan Maturity Date the unpaid principal amount of all Construction Loans made by such Bank.
Construction Loan Principal Payments. Borrower shall repay to Administrative Agent, for the account of each Bank and each Lender Group, the aggregate unpaid principal amount of all Construction Loans made by each such Bank or each such Lender Group, as the case may be, on the Final Maturity Date. Once repaid, Construction Loans may not be reborrowed."
Construction Loan Principal Payments. (i) To the extent not previously paid or converted to Term Loans as provided in Section 2.2(a), Borrower shall repay to Administrative Agent, for the account of the Tranche A Lenders, in full on the Tranche A Construction Loan Maturity Date, the unpaid principal amount of the Tranche A Construction Loans, together with all accrued and unpaid interest thereon and fees and costs and other amounts due and payable under the Credit Documents with respect to the Tranche A Construction Loans.
(ii) To the extent not previously paid, Borrower shall repay to Administrative Agent, for the account of the Tranche B Lenders, in full on the Tranche B Construction Loan Maturity Date, the unpaid principal amount of all Tranche B Construction Loans made by the Tranche B Lenders, together with all accrued and unpaid interest thereon and fees and costs and other amounts due and payable under the Credit Documents with respect to such Tranche B Construction Loans.
Construction Loan Principal Payments. Borrower shall repay to Agent, for the account of each Bank, in full on the Construction Loan Maturity Date the unpaid principal amount of all Construction Loans made by such Bank which will not be Term-Converted to Term Loans as provided in Section 2.1.2(a). Upon payment or Term-Conversion, in full, of the aggregate principal amount of the Construction Loans and all accrued and unpaid interest thereon, the Banks shall promptly mark xxx Construction Notes cancelled and return such cancelled Construction Notes to Borrower.
