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.
Appears in 2 contracts
Samples: Credit Agreement (Renegy Holdings, Inc.), Credit Agreement (Renegy Holdings, Inc.)
Construction Loan Principal Payments. Borrowers Borrower shall repay to Administrative Agent, for the account of each LenderBank and each Lender Group, in full on the Construction Loan Maturity Date the aggregate unpaid principal amount of all Construction Loans made by each such Bank or each such Lender which will Group, as the case may be, on the Final Maturity Date. Once repaid, Construction Loans may 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 repaidreborrowed."
Appears in 2 contracts
Samples: Third Waiver and Amendment (Pg&e Corp), Third Waiver and Amendment (Pacific Gas & Electric Co)
Construction Loan Principal Payments. Borrowers Borrower 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 is provided in Section 2.1.2(a), together with any unpaid interest, fees and costs related thereto. Borrowers Borrower may not re-borrow the principal amount of any Construction Loan so repaid.
Appears in 1 contract
Samples: Credit Agreement (Calpine Corp)
