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 Tranche 1 Maturity Date the aggregate outstanding principal amount of all Loans made to such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters 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 Borrower shall repay to the Lenders on the Tranche 1 Maturity Date the aggregate outstanding principal amount of all Loans made to such Borrower.

Appears in 1 contract

Samples: Credit Agreement (Platinum Underwriters 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 Borrower shall repay to the Lenders on the Tranche 1 Maturity Date the aggregate outstanding principal amount of all Loans made to such the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Odyssey Re Holdings Corp)

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