Loans Repayment Sample Clauses
The 'Loans; Repayment' clause defines the terms under which a borrower must repay a loan to the lender. It typically outlines the repayment schedule, including due dates, installment amounts, and acceptable payment methods. This clause may also specify interest rates, penalties for late payments, and any conditions for early repayment. Its core function is to ensure both parties have a clear understanding of the borrower's repayment obligations, thereby reducing the risk of disputes and providing a framework for managing the loan's lifecycle.
Loans Repayment. 14 2.2. Optional Principal Payments; Prefunding Amount......15 2.3.
Loans Repayment. The capital owed by virtue of the disbursement(s) to be made against the Credit Line shall be repaid in annual and equal instalments, in the manner and on the dates agreed between the Debtor and the Creditor on the date of the corresponding disbursement and as established on the Promissory Note(s) executed on the occasion of each disbursement, corresponding to the first capital repayment notwithstanding its delivery date to May 31st, 2016 and from then annually on May 31st of each year, with the last repayment due on May 31st, 2023.
Loans Repayment. (a) Tranche A Loans. From and including the date of this Agreement and prior to the Tranche A Maturity Date, the Lenders agree, severally and not jointly, on the terms and conditions set forth in this Agreement, to make Tranche A Loans in principal amounts not exceeding, in the aggregate for all such Tranche A Loans, the sum of the Tranche A Commitment.
(b) Tranche B Loans. From and including June 30, 1999 and prior to the Tranche B Maturity Date, the Lenders agree, severally and not jointly, on the terms and conditions set forth in this Agreement, to make Tranche B Loans in principal amounts not exceeding, in the aggregate for all such Tranche B Loans, the sum of the Tranche B Commitment.
Loans Repayment. 5.1 The Borrower shall repay the loan according to the repayment date and amount recorded in the corresponding Credit Use Application.
Loans Repayment