Mode of Repayment Sample Clauses

Mode of Repayment. 5.1. The Borrower shall issue, in favor of the Bank, the PI(s) as may be acceptable to the Bank towards payment/repayment of the Instalments. The PI(s) issued by the Borrower in respect of the Facility may also be used by the Bank for the repayment of any subsequent facility availed by the Borrower from the Bank and all the provisions hereof shall apply thereto. Wherever required, the Borrower shall issue irrevocable instructions (in a form and substance satisfactory to the Bank) to the Borrower’s bankers to ensure periodic payment to the Bank pursuant to the Payment Instruments issued by the Borrower. The failure of the Borrower’s bank for any reason to so transfer any such amounts to the Bank shall tantamount to a failure by the Borrower to pay the Outstanding Amounts and shall constitute an Event of Default. The Borrower shall provide to the Bank a confirmation (in a form and substance satisfactory to the Bank) of the acceptance by the Borrower’s bank of the above instructions.
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Mode of Repayment. 6.1 Whatever agreements on Party A’s source of funds for repayment have been stipulated in any other Agreement to which Party A is a party, they may not in any way affect Party A’s performance of its repayment obligations under the Agreement.
Sample 1
Mode of Repayment. 1. Party A shall have the option to repay the loan by any of the following means: A. in cash, B. through the transfer of ordinary shares and/or ADS of Xueda, or C. the combination of A and B. In case where Party A selects the above-stated alternative B or C to repay the loan, the value of Xueda’s ADS used to repay the loan shall be deemed as equal to the average closing price of Xueda’s ADS at NYSE during the ten working days preceding the date of repayment, and the value of Xueda’s ordinary shares used to repay the loan shall be deemed as equal to the so-determined value of Xueda’s ADS divided by the conversion rate between ordinary shares and ADS. It is fully understood by Party B that, in case of repayment through the above alternative B or C, the transfer by Party A to Party B of Xueda’s ordinary shares and/or ADS may be subject to various restrictions imposed by U.S. securities laws and regulations (including but not limited to the impossibility for such shares to be sold at public market immediately). Party B agrees that such restrictions shall not affect the value of Xueda’s ordinary shares and/or ADS used to repay the loan as determined by Party A in accordance with the above provisions.
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Mode of Repayment. The principal should be refunded once at the end of the repayment period.
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Mode of Repayment. 4.3.1 Party A shall pay the principal and interest in the following way (2) :
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Mode of Repayment. The borrower shall deposit a full amount of current loan payable in the lender’s account prior to the date of repayment under this Contract, and have it paid back automatically, or the Borrower shall transfer the money from other account to the lender’s account at the date of repayment as agreed in this Contract. Where the borrower fails to pay back the loan on time, the lender is entitled to collect the money from other accounts opened within the system of China Construction Bank.
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Mode of Repayment. NACH Mandate in favor of “GrayQuest Capital India Escrow Account”
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Related to Mode of Repayment

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

  • Amount of repayment instalments The Borrower shall repay the Loan by:

  • Early Repayment 10.1 You have a right to repay all or part of the credit early at any time. You must give us oral or written notice of your intention to make early repayment. If you wish to repay part of the amount due, you must make payment before the end of the period of 28 days beginning with the day following the day that we receive your notice, or on or before any later date specified in your notice. Please give us notice orally on our number below or in writing at the address above, giving details of this Credit Agreement.

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • Deposit of Repayment Price On or prior to any Optional Repayment Date, the Company shall deposit with the Trustee an amount of money sufficient to pay the optional repayment price, and accrued interest thereon to such date, of all the Book-Entry Notes or portions thereof which are to be repaid on such date. The Trustee will use such money to repay such Book-Entry Notes pursuant to the terms set forth in such Notes. Procedure for Rate Setting and Posting: The Company and the Agent will discuss from time to time the aggregate principal amount of, the issuance price of, and the interest rates to be borne by, Book-Entry Notes that may be sold as a result of the solicitation of orders by the Agent. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agent is to solicit orders (the setting of such prices and rates to be referred to herein as “posting”) or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agent of the prices and rates to be posted. Acceptance and Rejection of Orders: Unless otherwise instructed by the Company, the Agents will advise the Company promptly by telephone or other means of electronic communication of all orders to purchase Book-Entry Notes received by the Agents, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed by the Company and any Agent, the Company has the right to accept orders to purchase Book-Entry Notes and may reject any such orders in whole or in part.

  • Optional Repayment If so indicated in the Accumulation Fund Schedule, GLAIC shall pay to the Policyholder the amount the Policyholder needs to redeem or repay any notes or other instruments issued by the Policyholder and backed by this Policy, pursuant to any limited right of redemption or repayment contained in such note or instrument. GLAIC may require reasonable evidence that the redemption or repayment request satisfies all the terms and conditions described in the prospectus, prospectus supplement and/or pricing supplement applicable to such note or other instrument. Additional restrictions, if any, on the Policyholder’s reimbursement rights under this Section may be included in the Accumulation Fund Schedule.

  • Mandatory Prepayment Upon an Acceleration If the Term Loan Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan Advances, (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payable with respect to the Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.

  • Termination upon Liquidation or Purchase of the Mortgage Loans Subject to Section 9.03, the rights, obligations and responsibilities of the Depositor, the Seller, the Servicers and the Trustee created hereunder with respect to the Trust Fund shall terminate upon the earlier of (a) the purchase by the Optional Termination Holder of all Mortgage Loans (and REO Properties) remaining at the price equal to the sum of (A) 100% of the Aggregate Collateral Balance plus one month's accrued interest thereon at the applicable Mortgage Rate, (B) the lesser of (x) the appraised value of any REO Property as determined by the higher of two appraisals completed by two independent appraisers selected by the Depositor at the expense of the Depositor and (y) the Stated Principal Balance of each Mortgage Loan related to any REO Property, in each case plus accrued and unpaid interest thereon at the applicable Mortgage Rate and (C) any unreimbursed Servicing Advances and (b) the later of (i) the maturity or other liquidation (or any Advance with respect thereto) of the last Mortgage Loan remaining in the Trust Fund and the disposition of all REO Property and (ii) the distribution to Certificateholders of all amounts required to be distributed to them pursuant to this Agreement. In no event shall the trusts created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennxxx, xxx xxxx Xxxassador of the United States to the Court of St. James's, living on the date hereof. The right to repurchase all Mortgage Loans and REO Properties pursuant to clause (a) above shall be conditioned upon the aggregate Stated Principal Balance of the Mortgage Loans and the appraised value of the REO Properties at the time of any such repurchase, aggregating less than ten percent of the Aggregate Collateral Balance as of the Cut-off Date.

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