Common use of Evidence of Debt; Repayment of Loans Clause in Contracts

Evidence of Debt; Repayment of Loans. (a) Borrower hereby unconditionally promises to pay to (i) the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Maturity Date and (ii) the Swingline Lender, the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the fifteenth (15th) or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided, that on each date that a Revolving Borrowing is made, Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested.

Appears in 3 contracts

Samples: Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)

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Evidence of Debt; Repayment of Loans. (a) Borrower The Borrowers, jointly and severally, hereby unconditionally promises agree to pay to (i) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Final Maturity Date and (ii) to the Swingline Lender, Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Final Maturity Date and the first date after such Swingline Loan is made that is the fifteenth (15th) 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided, that on each date that a Revolving Borrowing is made, Borrower the Borrowers shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested.

Appears in 3 contracts

Samples: Credit Agreement (Massey Energy Co), Credit Agreement (Massey Energy Co), Credit Agreement (Massey Energy Co)

Evidence of Debt; Repayment of Loans. (a) Borrower hereby unconditionally promises to pay to (i) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Revolving Maturity Date and (ii) to the Swingline Lender, Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Maturity Date and the first date after such Swingline Loan is made that is the fifteenth (15th) 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided, provided that on each date that a Revolving Borrowing is made, Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested.

Appears in 3 contracts

Samples: Credit Agreement (Broder Bros Co), Credit Agreement (Norcraft Companies Lp), Credit Agreement (Basic Energy Services Inc)

Evidence of Debt; Repayment of Loans. (a) Borrower hereby unconditionally promises to pay to (i) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Final Maturity Date and (ii) to the Swingline Lender, Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Final Maturity Date and the first date after such Swingline Loan is made that is the fifteenth (15th) 15th or last day of a calendar month and is at least two three (23) Business Days after such Swingline Loan is made; provided, that on each date that a Revolving Borrowing is made, Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested.

Appears in 1 contract

Samples: Credit Agreement (Harry & David Holdings, Inc.)

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Evidence of Debt; Repayment of Loans. (a) Borrower hereby unconditionally promises to pay to (i) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Final Maturity Date and (ii) to the Swingline Lender, Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Final Maturity Date and the first date after such Swingline Loan is made that is the fifteenth (15th) 15th or last day of a calendar month and is at least two three (23) Business Days after such Swingline Loan is made; provided, provided that on each date that a Revolving Borrowing is made, Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested.

Appears in 1 contract

Samples: Credit Agreement (Harry & David Holdings, Inc.)

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