Common use of Payment of Working Capital Revolving Credit Note; Prepayment Clause in Contracts

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November 30, 1995. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00).

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

AutoNDA by SimpleDocs

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November 30August 31, 1995. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00).

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November June 30, 19951996. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00).

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November 30January 31, 19951992. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00)."

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

AutoNDA by SimpleDocs

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November 30January 31, 19951993. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00)." 3. Amendment to Article III.

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

Payment of Working Capital Revolving Credit Note; Prepayment. Except as payment of part or all of the principal amount of the loans outstanding pursuant to this Article II is sooner required to be made under Section 2.1 or Article VIII hereof, the full principal amount of the loans outstanding under this Article II and all accrued interest thereon shall be paid by Borrower on or before November 30, 1995the third anniversary date of this Agreement. The Borrower may prepay all or any part of the indebtedness under Section 2.1 at any time without penalty provided any prepayment shall be in a multiple of One Thousand Dollars ($1,000.00).

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!