Payments and Prepayments of Loans Sample Clauses

Payments and Prepayments of Loans. The Company shall repay the outstanding principal balance of the Loans, plus all accrued but unpaid interest thereon, on the Termination Date. Prior to the Termination Date, the Company may prepay Loans at any time and reborrow subject to the terms of this Agreement. In addition, if on any date the Aggregate Outstandings exceed the remainder of (a) the lesser of the Borrowing Base and the Maximum Commitment Amount minus (b) the unpaid principal amount of the Deferred Payment Notes, the Company shall immediately repay Loans in an amount equal to such excess.
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Payments and Prepayments of Loans. 8 3.2 Reduction of Commitment; Termination of Facility...............................................9 3.2.1 Reduction of Maximum Commitment Amount with Net Cash Proceeds of the Issuance of Debt, Equity or Equity Equivalents.................................................9 3.2.2 Reduction of Maximum Commitment Amount with Net Cash Proceeds of Asset Sales..........9 3.2.3 Voluntary Reduction of the Maximum Commitment Amount..................................9 3.2.4 All Reductions........................................................................9 3.3 Payments by the Company........................................................................9 3.3.1 General...............................................................................9 3.3.2 Payments Due on a Day other than a Business Day......................................10 3.4
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Payments and Prepayments of Loans. 3.1 Principal Payments and Prepayments 16
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Payments and Prepayments of Loans. E-41- 4.1 Principal Payments -E-41- 4.2 Optional Prepayment of Principal -E-42- 4.3 Interest Payments -E-42- 4.4 Fees -E-42- 4.5 General Provisions as to Payments -E-43- 4.6 Computation of Interest and Fees -E-43- 4.7 No Set Off or Deduction -E-43- 4.8 Additional Costs -E-43- 4.9 Illegality and Impossibility -E-44- 4.10 Funding Losses -E-44- 4.11 Regulation D Compensation -E-45- ARTICLE V SECURITY -E-45- TABLE OF CONTENTS REPRESENTATIONS AND WARRANTIES -E-45- 6.1 Organization and Good Standing -E-45- 6.2 Due Authorization -E-46- 6.3 Third-Party Consents -E-46- 6.4 Validity of Agreements -E-46- 6.5 Financial Statements -E-46- 6.6 Litigation -E-46- 6.7 Regulation U -E-46- 6.8 Title to Property -E-46- 6.9 Other Agreements -E-46- 6.10 Taxes -E-47- 6.11 Accuracy of Information -E-47- 6.12 Subsidiaries -E-47- 6.13 ERISA -E-47- 6.14 Environmental and Safety Matters -E-47- 6.15 Financial Condition -E-48- 6.16 Conditions Precedent -E-48- 6.17 Indebtedness -E-48-
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Payments and Prepayments of Loans. 15 3.1 Interest Rate and Method of Computation................................................................15 3.2 Payment of Principal and Interest......................................................................16 3.3 Prepayment.............................................................................................16 3.4 Manner, Time and Place of Payment......................................................................16 3.5
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Payments and Prepayments of Loans. 9 Section 3.5 Place and Application of Payments 10
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Payments and Prepayments of Loans. Base Rate Loans may be prepaid at any time, without premium or penalty, upon one (1) Business Day's notice. Subject to the provisions of SECTION 2.13 hereof, Eurodollar Loans may be prepaid upon three (3) Business Day's notice. Any interest accrued on the amounts so prepaid to the date of such payment shall become and be due and payable by the Borrower at the time of any such payment. Except as set forth in SECTION 2.4 hereof, no prepayment of the Loans during the Revolving Credit Period shall affect the Maximum Credit or Commitment Amounts or impair the Borrower's right to borrow as set forth in SECTION 2.1.
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Payments and Prepayments of Loans 
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Related to Payments and Prepayments of Loans

  • Repayments and Prepayments The Borrower shall repay in full the unpaid principal amount of each Loan upon the Stated Maturity Date therefor. Prior thereto, the Borrower

  • Payments and Prepayments 1.1 Payments and prepayments of principal and interest on this Note shall be made to Payee at 000 Xxxxxxxxx Xxxx Xxxxx, Xxxxx 000, Xxxxx Xxxxxx, X.X. 10604.

  • Prepayments of Loans Other than in respect of Swingline Loans, the repayment of which is governed pursuant to Section 2.02(b), subject to Section 2.12, the Borrower may (i) upon at least one (1) Business Day’s notice to the Administrative Agent, prepay any Base Rate Borrowing or (ii) upon at least three (3) Business Days’ notice to the Administrative Agent, prepay any Euro-Dollar Borrowing, in each case in whole at any time, or from time to time in part in amounts aggregating $10,000,000 or any larger integral multiple of $1,000,000, by paying the principal amount to be prepaid together with accrued interest thereon to the date of prepayment. Each such optional prepayment shall be applied to prepay ratably the Loans of the several Lenders included in such Borrowing.

  • Mandatory Payments and Prepayments (a) Except to the extent due or paid sooner pursuant to the provisions of this Agreement, the aggregate outstanding principal of the Loans shall be due and payable in full on the Maturity Date.

  • Optional Prepayments of Loans The Borrower may prepay Loans, (i) upon at least two Business Days’ notice, in the case of Eurodollar Rate Revolving Loans, and (ii) upon notice not later than 12:00 noon (New York City Time) on the date of prepayment, in the case of Base Rate Revolving Loans, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and, if such notice is given, the Borrower shall prepay the outstanding principal amount of the Loans comprising part of the same Borrowing in whole or ratably in part, without penalty, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount of $1,000,000 or an integral multiple of $100,000 in excess thereof and (y) in the event of any such prepayment of a Eurodollar Rate Loan, the Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(c).

  • Mandatory Prepayments of Loans If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect. All amounts required to be paid pursuant to this Section 2.05(b) shall be applied first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations; and Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

  • Mandatory Repayments and Prepayments 28 SECTION 3.06.

  • Voluntary Prepayments of Loans The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay Term Loans of any Class in whole or in part without premium or penalty; provided that (i) such notice must be received by the Administrative Agent not later than 1:00 p.m. (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (B) on the date of prepayment of Base Rate Loans; (ii) any such prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (iii) any prepayment of Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (iv) any prepayment of the Term Loans shall be in such proportions as the Borrower shall elect and each such prepayment shall be applied as directed by the Borrower and, absent such direction, shall be applied in direct order of maturity to the remaining principal amortization payments of the applicable Term Loan; and (v) any such notice may be conditioned on the effectiveness of other financing arrangements or one or more other transactions. Each such notice shall specify the date and amount of such prepayment and the Class and Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein, subject to the occurrence of any condition(s) specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15, each such prepayment shall be applied to the applicable Class of Loans being prepaid of the applicable Lenders in accordance with their respective Applicable Percentages for such Class.

  • Optional and Mandatory Prepayments of Loans SECTION 2.11 Alternate Rate of Interest

  • REPAYMENTS, PREPAYMENTS INTEREST AND FEES

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