Notice of Repayment. The Borrower shall give the Agent, at the Agent’s Branch of Account, prior written notice of each repayment of Borrowings in accordance with the same period of notice required pursuant to Section 3.4 for the initial drawdown of the basis of Borrowing being repaid, such notice to be substantially in the form of Schedule A. Notwithstanding the foregoing, a Bankers’ Acceptance and a BA Equivalent Advance shall, subject to Section 4.5, only be repaid on its maturity date and a Libor Loan shall, subject to Sections 4.5 and 10.5, only be repaid on the last day of the Libor Interest Period related thereto.
Appears in 2 contracts
Samples: Credit Agreement (Pengrowth Energy Trust), Credit Agreement (Pengrowth Energy Trust)
Notice of Repayment. The Borrower shall give the Agent, at the Agent’s 's Branch of Account, prior written notice of each repayment of Borrowings in accordance with the same period of notice required pursuant to Section 3.4 for the initial drawdown of the basis of Borrowing being repaid, such notice to be substantially in the form of Schedule A. B. Notwithstanding the foregoing, a Bankers’ ' Acceptance and a BA Equivalent Advance shall, subject to Section 4.5, only be repaid on its maturity date and a Libor Loan shall, subject to Sections 4.5 and 10.5, only be repaid on the last day of the Libor Interest Period related thereto.
Appears in 2 contracts
Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp)
Notice of Repayment. The Borrower shall give the Agent, at the Agent’s 's Branch of Account, prior written notice of each repayment of Borrowings in accordance with the same period of notice required pursuant to Section 3.4 for the initial drawdown of the basis of Borrowing being repaid, such notice to be substantially in the form of Schedule A. B. Notwithstanding the foregoing, a Bankers’ ' Acceptance and a BA Equivalent Advance shall, subject to Section 4.5, only be repaid on its maturity date and a Libor Loan shall, subject to Sections 4.5 and 10.511.5, only be repaid on the last day of the Libor Interest Period related thereto.
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Notice of Repayment. The Borrower shall give the Agent, at the Agent’s Branch of Account, prior written notice of each repayment of Borrowings in accordance with the same period of notice required pursuant to Section 3.4 3.3 for the initial drawdown of the basis of Borrowing being repaid, such notice to be substantially in the form of Schedule A. Notwithstanding the foregoing, a Bankers’ Acceptance and a BA Equivalent Advance shall, subject to Section 4.54.6, only be repaid on its maturity date and a Libor Loan shall, subject to Sections 4.5 4.6 and 10.5, only be repaid on the last day of the Libor Interest Period related thereto.
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Notice of Repayment. The Borrower shall give the Agent, at the Agent’s 's Branch of Account, prior written notice of each repayment of Borrowings in accordance with the same period of notice required pursuant to Section 3.4 3.5 for the initial drawdown of the basis of Borrowing being repaid, such notice to be substantially in the form of Schedule A. Notwithstanding the foregoing, a Bankers’ ' Acceptance and a BA Equivalent Advance shall, subject to Section 4.5, only be repaid on its maturity date and a Libor Loan shall, subject to Sections 4.5 and Section 10.5, only be repaid on the last day of the Libor Interest Period related thereto.
Appears in 1 contract
Samples: Credit Agreement (Prima Energy Corp)