Common use of Mandatory Prepayment of Term Loan Advances Clause in Contracts

Mandatory Prepayment of Term Loan Advances. Borrower shall prepay the entire unpaid principal balance of the Term Loan Advances, and all accrued but unpaid interest thereon, upon the Commitment Termination Date. Borrower shall also be required to prepay the Term Loan Advances as follows:

Appears in 3 contracts

Samples: Loan and Security Agreement (Rhodes Inc), Loan and Security Agreement (Metromedia International Group Inc), Loan and Security Agreement (Amerigroup Corp)

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Mandatory Prepayment of Term Loan Advances. Borrower Borrowers shall be jointly and severally obligated to prepay the entire unpaid principal balance of the Term Loan Advances, and all accrued but unpaid interest thereon, upon the Commitment Termination Date. Borrower Borrowers shall also be jointly and severally required to prepay the Term Loan Advances as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Rowe Companies)

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Mandatory Prepayment of Term Loan Advances. Borrower shall be obligated to prepay the entire unpaid principal balance of the Term Loan Advances, and all accrued but unpaid interest thereon, upon the Commitment Termination Date. Borrower shall also be required to prepay the Term Loan Advances as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

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