Common use of Mandatory Repayments and Prepayments Clause in Contracts

Mandatory Repayments and Prepayments. (a) The Revolving Credit Commitment of each Lender shall terminate at the opening of business on December 31, 2002 (the "COMMITMENT TERMINATION DATE"), and there shall become due and the Company shall pay on the Commitment Termination Date, the entire outstanding principal amount of each Revolving Credit Loan, together with accrued and unpaid interest thereon to but excluding the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Omega Health Systems Inc)

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Mandatory Repayments and Prepayments. (a) The Revolving Credit Commitment of each Lender shall terminate at the opening of business on December 31January 2, 2002 2004 (the "COMMITMENT TERMINATION DATECommitment Termination Date"), and there shall become due and the Company shall pay on the Commitment Termination Date, the entire outstanding principal amount of each Revolving Credit Loan, together with accrued and unpaid interest thereon to but excluding the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

Mandatory Repayments and Prepayments. (a) The Revolving Credit Commitment of each Lender shall terminate at the opening of business on December 31July 1, 2002 2004 (such date and such earlier date on which the Revolving Credit Commitments shall terminate pursuant to Section 2.08, Section 7.01 or otherwise, the "COMMITMENT TERMINATION DATE"), and there shall become due and the Company shall pay on the Commitment Termination Date, the entire outstanding principal amount of each Revolving Credit Loan, together with accrued and unpaid interest thereon to but excluding the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Horizon Medical Products Inc)

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Mandatory Repayments and Prepayments. (a) The Revolving Credit Commitment of each Lender shall terminate at the opening of business on December 31January 2, 2002 2004 (the "COMMITMENT TERMINATION DATE"), and there shall become due and the Company shall pay on the Commitment Termination Date, the entire outstanding principal amount of each Revolving Credit Loan, together with accrued and unpaid interest thereon to but excluding the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

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