Common use of No overrunning Clause in Contracts

No overrunning. If an Interest Period for the Loans at any time would otherwise overrun a Repayment Date, it shall be shortened so that it ends on the Repayment Date for a portion of the Loans corresponding to the amount of the Loans to be repaid on that Repayment Date.

Appears in 4 contracts

Samples: Guarantee Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Fourth Supplemental Agreement (KNOT Offshore Partners LP)

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No overrunning. If an Interest Period for the Loans Loan at any time would otherwise overrun a Repayment Date, it shall be shortened so that it ends on the Repayment Date for a portion of the Loans Loan corresponding to the amount of the Loans Loan to be repaid on that Repayment Date.

Appears in 4 contracts

Samples: Second Supplemental Agreement (KNOT Offshore Partners LP), First Supplemental Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement

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No overrunning. If an Interest Period for the Loans at any time thereafter would otherwise overrun a Repayment Date, it shall be shortened so that it ends on the Repayment Date for a portion of the Loans Loan corresponding to the amount of the Loans Loan to be repaid on that Repayment Date.

Appears in 1 contract

Samples: Eleventh Supplemental Agreement (KNOT Offshore Partners LP)

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