Common use of Mandatory Repayment Upon Demand Loan Repayment Event Clause in Contracts

Mandatory Repayment Upon Demand Loan Repayment Event. (a) Subject to Section 7.2(b) below, the Guarantor LP shall repay the amount, if any, by which the Demand Loan exceeds the Demand Loan Contingent Amount on the first Guarantor LP Payment Date following 60 days after the earlier of the date on which:

Appears in 5 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement (RBC Covered Bond Guarantor Limited Partnership), Intercompany Loan Agreement (Royal Bank of Canada)

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Mandatory Repayment Upon Demand Loan Repayment Event. (a) Subject to Section 7.2(b(b) below, the Guarantor LP shall repay the amount, if any, by which the Demand Loan exceeds the Demand Loan Contingent Amount on the first Guarantor LP Payment Date following 60 days after the earlier of the date on which:

Appears in 2 contracts

Samples: Intercompany Loan Agreement (RBC Covered Bond Guarantor Limited Partnership), Intercompany Loan Agreement (RBC Covered Bond Guarantor Limited Partnership)

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Mandatory Repayment Upon Demand Loan Repayment Event. (a) Subject to the applicable Priorities of Payments and Section 7.2(b) below, the Guarantor LP shall repay the amount, if any, by which the Demand Loan exceeds the Demand Loan Contingent Amount on the first Guarantor LP Payment Date following 60 days after the earlier of the date on which:

Appears in 2 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement

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