Common use of Payments and Prepayments of the Loans Clause in Contracts

Payments and Prepayments of the Loans. (a) The entire principal of the Revolving Credit Notes shall be absolutely due and payable by the Borrower to the Banks on the Revolving Credit Maturity Date. All of the other Indebtedness evidenced by the Revolving Credit Notes shall, if not sooner paid, also be absolutely due and payable by the Borrower to the Banks on the Revolving Credit Maturity Date.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Mac-Gray Corp), Credit and Term Loan Agreement (Wm Acquisition Inc), Credit and Term Loan Agreement (Mac-Gray Corp)

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Payments and Prepayments of the Loans. (a) The entire principal of the Revolving Credit Notes shall be absolutely due and payable by the Borrower to the Banks Lender on the Revolving Credit Maturity Date. All of the other Indebtedness evidenced by the Revolving Credit Notes shall, if not sooner paid, also be absolutely due and payable by the Borrower to the Banks Lender on the Revolving Credit Maturity Date.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Open Link Financial, Inc.), Credit and Term Loan Agreement (Open Link Financial, Inc.)

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Payments and Prepayments of the Loans. (a) The entire principal of the Revolving Credit Notes shall be absolutely due and payable by the Borrower Borrowers to the Banks having Revolving Credit Commitments on the Revolving Credit Maturity Date. All of the other Indebtedness evidenced by the Revolving Credit Notes shall, if not sooner paid, also be absolutely due and payable by the Borrower Borrowers to the such Banks on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Unicco Service Co)

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