Notes; Payments Sample Clauses

Notes; Payments. (a) Subject to the provisions of Section 10.12 hereof relating to replacement and substitution of the Notes, (i) all Revolving Loans made by a Lender to the Borrower shall be evidenced by a single Revolving Credit Note dated as of the Closing Date, delivered and payable to such Lender in a principal amount equal to such Lender’s Revolving Credit Commitment as of the Closing Date, and (ii) all Swingline Loans made by the Swingline Lender to the Borrower shall be evidenced by a single Swingline Note dated as of June 30, 2005, delivered and payable to the Swingline Lender in a principal amount equal to $15,000,000.
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Notes; Payments. (a) Subject to the provisions of Section 10.12 hereof relating to replacement and substitution of the Notes, (i) all US Revolving Loans made by a US Lender to the US Borrower shall be evidenced by a single US Revolving Credit Note dated as of the Closing Date, delivered and payable to such US Lender in a principal amount equal to such US Lender’s US Revolving Credit Commitment as of the Closing Date, (i) all Canadian Revolving Loans made by a Canadian Lender to the Canadian Borrower shall be evidenced by a single Canadian Revolving Credit Note dated as of the Closing Date, delivered and payable to such Canadian Lender in a principal amount equal to such Canadian Lender’s Canadian Revolving Credit Commitment as of the Closing Date, and (iii) all Swingline Loans made by the Swingline Lender to the US Borrower shall be evidenced by a single Swingline Note dated as of June 30, 2005, delivered and payable by the US Borrower to the Swingline Lender in a principal amount equal to $15,000,000.
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Notes; Payments. (a) Subject to the provisions of Section 10.13 hereof relating to ------------- replacement and substitution of the Notes, all Advances made by a Bank to the Borrower shall be evidenced by a single Note dated as of the Closing Date, delivered and payable to such Bank in a principal amount equal to such Bank's Commitment as of the Closing Date.
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Notes; Payments. The Loan and interest thereon shall be evidenced by the Notes, one payable to each Lender in the stated principal amount of its Commitment. On December 31, 1995 and on March 31, 1996, the Loan shall be repaid in principal installments in the amount of $875,000 each. Thereafter, the Loan shall be repaid in principal installments in the amount of $625,000 each, due and payable on the last Business Day of each calendar quarter, commencing June 30, 1996, and continuing through the Termination Date. Interest accruing at the Floating Rate shall be due and payable on the last Business Day of each calendar quarter, commencing December 31, 1995. Interest accruing at a LIBOR Rate shall be due and payable on the last day of each Interest Period and, if such Interest Period exceeds three months, then accrued interest is also due and payable on the date three months after the commencement of such Interest Period. All principal and accrued interest remaining outstanding shall be due and payable on the Termination Date. Each payment or prepayment of the Obligation must be paid at Agent's principal office in funds available for Agent's immediate use by 12:00 Noon on the day due. Borrower may delay any payment due on a non-Business Day until the next succeeding Business Day, but interest shall continue to accrue until the payment is made. Agent shall pay to each Lender any payment or prepayment to which that Lender is entitled on the same day Agent receives the funds from Borrower if Agent receives
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Notes; Payments. (a) Subject to the provisions of Section 10.12 hereof relating to replacement and substitution of the Notes,
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Notes; Payments. (a) All Loans made by the Lender to the Borrower shall be evidenced by the Note.
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Notes; Payments. Advances and interest thereon shall be evidenced by the Notes, one payable to each Lender in the stated principal amount of its Commitment. Interest accruing at a LIBOR Rate shall be due and payable on the last day of each Interest Period and, if such Interest Period exceeds three months, then accrued interest is also due and payable on the date three months after the commencement of such Interest Period. Interest accruing at the Floating Rate shall be due and payable on the last Business Day of each calendar quarter and on the Termination Date. All Principal Debt shall be due and payable on the Termination Date. Each payment or prepayment of the Obligation must be paid at Agent's principal office in funds available for Agent's immediate use by 12:00 Noon on the day due. Borrower may delay any payment due on a non-Business Day until the next succeeding Business Day, but interest shall continue to accrue until the payment is made. Agent shall pay to each Lender any payment or prepayment to which that Lender is entitled on the same day Agent receives the funds from Borrower if Agent receives the payment or prepayment before 12:00 Noon, and otherwise before 12:00 Noon on the following Business Day. If and to the extent that Agent does not make payments to Lenders when due, unpaid amounts shall accrue interest at the Federal Funds Rate from the due date until (but not including) the payment date.
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Notes; Payments 
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Related to Notes; Payments

  • Indebtedness Payments (i) Prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due under this Agreement or due any Lender) or lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness for borrowed money or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or shareholders.

  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts (a) The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of such Note. Accrued interest on the Notes shall be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

  • Excess Payments If Tenant shall assign this Lease or sublet any part of the Premises for consideration in excess of the pro-rata portion of Rent applicable to the space subject to the assignment or sublet, then Tenant shall pay to Landlord as Additional Rent 50% of any such excess immediately upon receipt.

  • Notes Payable on Redemption Date The Notes or portions thereof to be redeemed shall, following notice of redemption as required by Section 10.02, on the Redemption Date become due and payable at the Redemption Price and (unless the Issuer shall default in the payment of the Redemption Price) no interest shall accrue on the Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Redemption Price.

  • Payment of Outstanding Indebtedness, etc The Administrative Agent shall have received evidence that immediately after the making of the Loans on the Closing Date, all Indebtedness under the Existing Credit Agreement and any other Indebtedness not permitted by Section 7.04, together with all interest, all payment premiums and all other amounts due and payable with respect thereto, shall be paid in full from the proceeds of the initial Credit Event, and the commitments in respect of such Indebtedness shall be permanently terminated, and all Liens securing payment of any such Indebtedness shall be released and the Administrative Agent shall have received all payoff and release letters, Uniform Commercial Code Form UCC-3 termination statements or other instruments or agreements as may be suitable or appropriate in connection with the release of any such Liens.

  • Note Payments The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on, and any Yield-Maintenance Amount payable with respect to, such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 noon, New York City local time, on the date due) to (i) the account or accounts of such Purchaser specified in the Purchaser Schedule attached hereto in the case of any Series A Note, (ii) the account or accounts of such Purchaser specified in the Confirmation of Acceptance with respect to such Note in the case of any Shelf Note or (iii) such other account or accounts in the United States as such Purchaser may from time to time designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, it will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as the Purchasers have made in this paragraph 11A.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Defaulted Amounts; Investor Charge-Offs (a) On each Determination Date, the Servicer shall calculate the Class A Investor Default Amount, if any, for the related Distribution Date. If, on any Distribution Date, the Class A Required Amount for the related Monthly Period exceeds the sum of (x) the amount of Reallocated Principal Collections allocated to Series 2023-4 with respect to such Monthly Period and (y) the amount of Excess Spread and the Excess Finance Charge Collections allocable to Series 2023-4 with respect to such Monthly Period, the Collateral Invested Amount, if any, will be reduced by the amount of such excess, but not by more than the Class A Investor Default Amount for such Distribution Date. In the event that such reduction would cause the Collateral Invested Amount to be a negative number, the Collateral Invested Amount will be reduced to zero and the Class B Invested Amount shall be reduced by the amount by which the Collateral Invested Amount would have been reduced below zero, but not by more than the excess, if any, of the Class A Investor Default Amount for such Distribution Date over the amount of such reduction, if any, of the Collateral Invested Amount with respect to such Distribution Date. In the event that such reduction would cause the Class B Invested Amount to be a negative number, the Class B Invested Amount shall be reduced to zero, and the Class A Invested Amount shall be reduced by the amount by which the Class B Invested Amount would have been reduced below zero, but not by more than the excess, if any, of the Class A Investor Default Amount for such Distribution Date over the aggregate amount of the reductions, if any, of the Collateral Invested Amount and the Class B Invested Amount for such Distribution Date (a “Class A Investor Charge-Off”). Class A Investor Charge-Offs shall thereafter be reimbursed and the Class A Invested Amount increased (but not by an amount in excess of the aggregate unreimbursed Class A Investor Charge-Offs) on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available for that purpose pursuant to subsection 4.07(b). References to “negative numbers” above shall be determined without regard to the requirement that the Invested Amount of a Class not be reduced below zero.

  • Securities Payable on Redemption Date Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

  • Date and Denomination of Notes; Payments of Interest The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months.

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