Nature of the Loan Sample Clauses

Nature of the Loan. (a) The loan and accrued interest shall be repaid in full on or before the Minimum Repayment Date, or as specifically stated in Schedule B per advance.
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Nature of the Loan. Upon repayment of any amount of principal on the Converted Term Loans by the Borrowers, the Borrowers may not reborrow hereunder.
Nature of the Loan. 4.1 The present Loan, according to the seniority of credits, shall be subordinated to the payment in full of any amounts owed by CABLEUROPA or by companies in its group under the Financing Agreements and the complete cancellation of the Lender’s Commitments (as such terms are defined in the Facility Agreement) under the Facility Agreement. Consequently, until such time as all amounts owed under each of the Financing Agreements have been fully paid:
Nature of the Loan. Upon repayment of any amount of principal or interest on the Term Loan by the Borrower, the Borrower may not reborrow under this Section 2.02.
Nature of the Loan. The loan granted by the Bank to the Borrower will take the form of:
Nature of the Loan. Upon repayment of any amount of principal on the Delayed Draw Term Loans by the Borrowers, the Borrowers may not reborrow hereunder.
Nature of the Loan. The Loan will be considered participatory. To this end, it will be governed by the Contract and by the provisions contained in article 20 of Royal Decree Law 7/1996, of July 7, and by the Second Additional Provision of Law 10/1996 of December 18.
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Related to Nature of the Loan

  • Repayment of the Loan The Borrower agrees to repay the EMIs/Monthly Instalments and the other Outstanding Dues to BHFL on or before the respective Due Dates by any of the repayment modes as set out in the Loan Agreement or the Top-Up Loan Addendum, or in such manner and at such place, as may be agreed between the Borrower and BHFL. • BHFL may, at the request of the Borrower in writing, agree to change the repayment mode. BHFL may, at any time, in its discretion revise the repayment schedule in its sole and absolute discretion and notify the Borrower in advance accordingly. • The EMI/Monthly Instalment amount shall be arrived at so as to comprise the repayment of the Loan Amount and payment of Interest calculated on the basis of the Interest Rate within the Loan Tenure. The Borrower agrees to continue paying EMIs/Monthly Instalments until all Outstanding Dues under the Loan have been repaid in full to BHFL.

  • Purpose of the Loan The purpose of the Loan is to provide financing for the Borrower’s activities and investments.

  • Prepayment of the Loan The Company may from time to time prepay all or any portion of the Loan without premium or penalty of any type. The Company shall give the Lender at least three Business Day prior written notice of its intention to prepay the Loan, specifying the date of payment and the total amount of the Loan to be paid on such date.

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