Monthly Repayments Sample Clauses
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Monthly Repayments. On the 10th day of each month (or, if such day is not a Business Day, on the next succeeding Business Day), the Administrative Agent shall apply all amounts on deposit in the Cash Collateral Account in excess of $10 million first, to the prepayment of the Letter of Credit Advances then outstanding until such Advances are paid in full, second to the prepayment of the Swing Line Advances then outstanding until such Advances are paid in full, and third to the prepayment of the Revolving Credit Advances until such Advances are paid in full.
Monthly Repayments. On and after April 1, 2017, on a monthly basis, the Borrowers will repay all outstanding Advances in connection with the Revolving Facilities (other than Letters of Credit outstanding at such time), together with all accrued interest, fees and other invoiced amounts then unpaid and due for payment with respect to such Advances. Following such repayment, and for a period of three consecutive Business Days, there shall be no Advances outstanding (other than Letters of Credit). Following such three Business Day period, Advances may be outstanding under the Revolving Facilities, subject to the terms and conditions contained in this Agreement.
Monthly Repayments. Borrower shall repay to the Lender all the drawn Loan amounts in forty-eight equal monthly installments in the amounts set forth in a schedule to be provided by the Lender to the Borrower on or before the date that is thirty (30) days from the last day of the Availability Period, which shall be payable on or before the first day of each month, beginning on the eighth anniversary of the Provisional Acceptance Date and monthly thereafter.
Monthly Repayments. The following provisions will govern the monthly repayments of the Note:
(i) The Company hereby unconditionally promises to make repayments of the unpaid and unconverted amount of the Note plus accrued but unpaid interest to the Holder in accordance with the Monthly Repayment Schedule attached hereto as Schedule II.
(ii) Notwithstanding Section 2(g)(i), no monthly payment shall be due in any Month in which the Holder has effected conversions that are equal to or greater than the amount that would have been due pursuant to the schedule in Section 2(g)(i).
(iii) To the extent not previously paid or converted, the remaining balance shall be paid in full in cash by the Company on the Maturity Date.
(iv) On each monthly repayment date (each, a “Monthly Repayment Date”), the Company shall make the indicated monthly repayment (each, a “Monthly Repayment”). Provided the average daily dollar volume of the Common Stock for the previous fifteen (15) trading days is greater than $100,000, the Monthly Repayment payable on each Monthly Repayment Date shall be paid in Conversions Shares rather than cash, at rate equal to the Fixed Conversion Price (as defined in Section 4b). In the event that the sale of the Conversion Shares issued in connection with a particular Monthly Repayment during the forty-five (45) days (the “True-Up Date”) following the Holder’s receipt thereof does not at least equal the related Monthly Repayment, immediately upon request of the Holder, then the Company shall pay an amount to the Holder in cash (the “True-Up Cash”) equal to the dollar value of the stated Monthly Repayment less (i) the proceeds realized by the Holder, net of brokerage commissions (“Net Proceeds”) and (ii)
Monthly Repayments. Beginning on the first calendar month following the Closing Date, Company shall make consecutive Monthly Repayments to Spikes until the earlier to occur of (i) the date Spikes has received from Company the Repayment Amount (subject to the early repayment option according to Section 3.3 below); and (ii) the Final Repayment Date. Monthly repayments shall include a portion classified as return of Payment Amount and the balance to be classified as rev-share (תמלוגים) to Spikes. The rev-share component of the monthly repayment amounts will be subject to VAT. Notwithstanding the above, Company’s minimum annual payment during any Annual Calculation Period will not be less than the lower of (a) NIS 1,141,800, and (b) the outstanding Repayment Amount.
Monthly Repayments. On a monthly basis, the Borrowers will repay all outstanding Advances in connection with the Credit Facilities (other than Letters of Credit outstanding at such time), together with all accrued interest, fees and other invoiced amounts then unpaid and due for payment with respect to such Advances. Following such repayment, and for a period of three consecutive Business Days, there shall be no Advances outstanding (other than Letters of Credit). Following such three Business Day period, Advances may be outstanding under the Credit Facilities, subject to the terms and conditions contained in this Agreement.