Common use of Mandatory Payments and Prepayments Clause in Contracts

Mandatory Payments and Prepayments. (a) Except to the extent due or paid sooner pursuant to the provisions hereof, each Borrower shall repay to the Lenders on the Maturity Date the aggregate outstanding principal amount of all Loans made to such Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Allied World Assurance Co Holdings, AG), Credit Agreement (Allied World Assurance Co Holdings LTD)

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Mandatory Payments and Prepayments. (a) Except to the extent due or paid sooner pursuant to the provisions hereof, each the Borrower shall repay to the Lenders Lender on the Maturity Date the aggregate outstanding principal amount of all Loans made to such the Borrower.

Appears in 1 contract

Samples: Credit Agreement (KMG America CORP)

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