Common use of Loan Repurchases Clause in Contracts

Loan Repurchases. (a) Subject to the terms and conditions set forth or referred to below, any of the Borrowers or any of their respective Subsidiaries may from time to time, at their discretion, purchase outstanding Term Loans of one or more Classes (as determined by the Borrowers) in accordance with the terms of Section 10.04 (as if such Person qualifies as an Eligible Transferee), so long as the following conditions are satisfied:

Appears in 4 contracts

Samples: Credit Agreement (Seadrill Partners LLC), Credit Agreement (Seadrill Partners LLC), Credit Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs

Loan Repurchases. (a) Subject to the terms and conditions set forth or referred to below, any of the Borrowers or any of their respective Subsidiaries may from time to time, at their discretion, purchase outstanding Loans or Other Term Loans of one or more Classes (as determined by the Borrowers) in accordance with the terms of Section 10.04 (as if such Person qualifies as an Eligible Transferee), so long as the following conditions are satisfied:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Dynagas LNG Partners LP)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!