Notes; Repayment of Principal. (a) Borrower's obligations to pay the principal of, and interest on, the Syndicate Revolving Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Revolving Credit Note payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Termination Date.
Notes; Repayment of Principal. (a) Intermet's obligations to pay the principal of, and interest on, the Syndicated Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Revolving Credit Note payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Commitments shall be due and payable in full on the Maturity Date.
Notes; Repayment of Principal. (a) The Borrower’s obligations to pay the principal of, and interest on, the Revolving Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by a Note payable to such Lender.
(b) All outstanding and unpaid principal amounts under the Revolving Loans shall be due and payable in full on the earlier of (i) the Maturity Date or (ii) the date the Revolving Loans are accelerated in accordance with the terms and conditions of Article 8.
(c) The Borrower shall repay all Swing Line Advances in full on the earlier of (i) the Swing Line Maturity Date or (ii) the date the Revolving Loans are accelerated in accordance with the terms and conditions of Article 8.
(d) The Borrower shall make mandatory prepayments to the Senior Note Holders and the Lenders in an amount equal to 100% of the Net Proceeds of Stock and 100% of the Net Cash Proceeds received by the Borrower or a Subsidiary in respect of any offering by any Loan Party of Subordinated Debt (other than an offering which increases the outstandings under the Borrower’s Subordinated Loan Certificates, or Subordinated Capital Certificates of Interest in existence prior to the Closing Date and described on Schedule S-1 hereto). Each such prepayment shall be due immediately upon the receipt by such Loan Party of such Net Proceeds of Stock or Net Cash Proceeds, as applicable.
(e) The Borrower shall make additional mandatory prepayments to the Senior Note Holders and the Lenders in amounts equal to (i) 100% of the Net Cash Proceeds from any sale or other disposition by any Loan Party of any inventory (other than sales of inventory in the ordinary course) and (ii) 100% of the Net Cash Proceeds from any other sale or other disposition (other than sales of inventory in the ordinary course of business, any sale of the assets of the Pork Division, any sale or other disposition of the SSC Securities and any sale or dispositions permitted by Section 7.6(d)), or series of related sales or dispositions, by any Loan Party of any assets not otherwise referenced above in this Section 3.1(e), where the Net Cash Proceeds exceed $5,000,000 for any such sale or $10,000,000 in the aggregate for all such sales; provided, however, that the Borrower shall make additional mandatory prepayments to the Senior Note Holders and the Lenders in amounts equal to 100% of the Net Cash Proceeds from the sale or other disposition of the SSC Securities if the Borrower would be otherwise obligated to use any portion of su...
Notes; Repayment of Principal. (a) Borrower’s obligations to pay the principal of, and interest on, the Revolving Loans to the Lender shall be evidenced by the records of the Lender and by the Note payable to the Lender completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Maturity Date.
Notes; Repayment of Principal. (a) Borrower's obligations to pay the principal of, and interest on, the Line of Credit Loans to SunTrust shall be evidenced by the records of the Agent and SunTrust and by the Line of Credit Note payable to SunTrust (or the assignee of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Line of Credit Loans shall be due and payable in full on the Termination Date.
Notes; Repayment of Principal. (a) Borrower's obligations to pay the principal of, and interest on, the Syndicate Revolving Loans and the Competitive Bid Revolving Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Syndicate Revolving Credit Note and the Competitive Bid Revolving Credit Note payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Termination Date.
Notes; Repayment of Principal. (a) Borrower's obligations to pay the principal of, and interest on, the Syndicate Line of Credit Loans and the Competitive Bid Line of Credit Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Syndicate Line of Credit Note and the Competitive Bid Line of Credit Note, respectively, payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Line of Credit Loans shall be due and payable at the earlier of (i) Line of Credit Maturity Date or (ii) acceleration of the indebtedness as provided in the Line of Credit Notes.
Notes; Repayment of Principal. (a) Borrower's obligations to pay the principal of, and interest on, the Syndicate Revolving Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Revolving Credit Note payable to such Lender (or the assignee of such Lender) completed in conformity with this Agreement.
(b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Termination Date.
(c) If the aggregate U.S. Dollar Equivalent of Borrowings outstanding under this Article II consisting of Multicurrency Loans exceeds the Maximum Multicurrency Amount by more than ten percent (10%) for any reason, including fluctuations in the value of the Available Foreign Currency in which such Loans were made, the Borrower shall, within three (3) Business Days of demand therefor by the Agent, make a payment to the Agent of principal on the Multicurrency Loans sufficient to bring the aggregate outstanding balance of all Multicurrency Loans down to an amount which does not exceed the Maximum Multicurrency Amount.
Notes; Repayment of Principal. (a) The Borrower's obligations to pay the principal of, and interest on, the Revolving Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Revolving Credit Note payable to such Lender (or the assignor of such Lender) in the amount of such Lender's Revolving Loan Commitment completed in conformity with this Agreement.
(b) The Borrower's obligations to pay the principal of, and interest on, the Money Market Loans to each Lender shall be evidenced by the records of the Agent and such Lender and by the Money Market Note payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
(c) All outstanding Borrowings outstanding under the Notes shall be due and payable in full on the Maturity Date.
Notes; Repayment of Principal. (a) The Term Borrowers' joint and several obligation to pay the principal of, and interest on, the Term Loans to each Term Lender shall be evidenced by the records of the Agent and such Term Lender and by the respective Term Note payable to such Term Lender (or the assignor of such Term Lender) completed in conformity with this Agreement.
(b) The Term Borrowers, jointly and severally, agree to repay the Term Loans in twenty (20) consecutive quarterly installments, commencing on November 30, 1997, and continuing on the last day of each February, May, August and November (each, a "Mandatory Reduction Date") in accordance with the amortization schedule set forth on Schedule 2.
