Payments and Repayments. All Taxes shall be paid when due and payable to the appropriate taxing authority, and all amounts payable as indemnities pursuant to this Section 9.02 shall be payable, to the extent not theretofore paid, within ten (10) Business Days of written demand by the appropriate Indemnitee (which demand shall include the basis for the indemnity and its computation, each in reasonable detail), except that Taxes being contested pursuant to Section 9.02(b) shall not be required to be paid, subject to clause (y) in the second paragraph of Section 9.02(b), before such contest is finally resolved. If, for any reason, Borrower makes any payment with respect to any Taxes imposed on any Indemnitee in respect of the transactions contemplated by the Basic Documents or on any Engine Kit, which Taxes are not the responsibility of Borrower with respect to such Indemnitee under this Section 9.02, then such Indemnitee shall pay to Borrower within ten (10) Business Days of Borrower’s demand therefor an amount that equals the amount paid by Borrower with respect to such Taxes, plus interest at the Interest Rate from the date paid by Borrower to the date repaid to Borrower by such Indemnitee.
Payments and Repayments. To the extent not previously converted pursuant to Section 4, the Company will pay the unpaid principal balance (the “Outstanding Balance”) of each Note plus all accrued and unpaid interest thereon on the Maturity Date. The Outstanding Balance of any Note and all accrued and unpaid interest thereon and any and all other sums payable to Lender thereunder may be prepaid prior to the Maturity Date without penalty or obligation, except as set forth herein. The Company shall provide Lender at least 10 days advance notice of its intention to prepay the Outstanding Balance on any Notes. Lender will apply partial prepayments on any Notes first to all accrued and unpaid interest and then to principal.
Payments and Repayments. 24 3.01 Prepayments; Reductions in DIP Loan Commitments ............................. 24 3.02 Payments .................................................................... 25 3.03 Taxes ....................................................................... 27 3.04
Payments and Repayments. 16.1 All moneys to be paid or repaid to the Bank under this Agreement and the Security Documents must be paid:-
16.1.1 unconditionally and free of any restriction of any kind; and
16.1.2 without any deduction of any kind including, without limitation, deductions for any bank charges or commissions, any kind of withholding tax, and any set-off or counterclaim claimed against the Bank.
16.2 If any applicable law requires that there has to be a deduction or withholding from the moneys to be paid or repaid to the Bank under this Agreement and the Security Documents, the Borrower shall pay such additional sum as would be necessary to ensure that, after the making of the deduction or withholding, the Bank will have received on the due date a net amount equal to what the Bank would have received and been entitled to retain had no such deduction or withholding been required.
16.3 Without in any way affecting any of the provisions in this Agreement, if any kind of goods and services tax or any tax, charge or levy of a similar nature is required by any law to be paid in respect of any moneys payable or repayable to the Bank under this Agreement or the Security Documents, such tax, charge or levy shall be included in the Indebtedness and shall be paid by the Borrower.
16.4 All payments to be made by the Borrower under this Agreement shall be made in Ringgit Malaysia in immediately available funds on the due dates at the place of business of the Bank set out in Section 2 of Schedule 1 or at any other address which the Bank may specify from time to time. However, for Banking Facilities in foreign currencies, payments may be made in the currencies in which the Banking Facilities were provided.
16.5 If any moneys are due to be paid or repaid to the Bank on a day which is not a Business Day, the payment or repayment shall be made on the Business Day immediately following that day; if the Business Day immediately following that day falls in a different calendar month, the payment or repayment shall be made on the Business Day immediately before that day.
Payments and Repayments. All Taxes shall be paid when due and payable to the appropriate Taxing Authority, and all amounts payable as indemnities pursuant to this Section 4.02 shall be payable, to the extent not theretofore paid, on written demand by the appropriate Tax Indemnitee, except that Taxes being contested pursuant to Subsection 4.02(c) shall not be required to be paid, other than under clause (3) in the second paragraph of Subsection 4.02(c), before such contest is finally resolved. If, for any reason, Lessee makes any payment with respect to any Taxes imposed on any Tax Indemnitee in respect of the transactions contemplated by the Operative Documents or on the Aircraft, which Taxes are not the responsibility of Lessee with respect to such Tax Indemnitee under this Section 4.02, then such Tax Indemnitee shall pay to Lessee within 30 days of Lessee's demand therefor an amount that equals the amount paid by Lessee with respect to such Taxes, plus interest at the Debt Rate for the Series G-1 Equipment Notes from the date paid by Lessee to the date repaid to Lessee by such Tax Indemnitee.
Payments and Repayments. Any amount payable by Sublessee as an indemnity to any Tax Indemnitee pursuant to this Section 3.1 shall be payable on or prior to the later of (i) [***] Business Days after Sublessee’s receipt of written demand by such Tax Indemnitee accompanied by a written statement describing in reasonable detail the Taxes that are the subject of and basis for such indemnity and the computation of the amount payable and (ii) [***] Business Days prior to the due date for the subject Taxes (including all extensions), except that Taxes being contested pursuant to Sublease Agreement (MSN [__]) Section 3.1.3 shall not be required to be paid, other than as provided in Section 3.1.3, before such contest is finally resolved. Notwithstanding any other provision of any Transaction Document, Sublessee shall have no obligation to pay or indemnify for, or pay any additional amounts with respect to, any Taxes that are not the responsibility of Sublessee under this Section 3.1, and if Sublessee makes any payment with respect to any such Taxes of any Tax Indemnitee, then such Tax Indemnitee shall pay to Sublessee, within [***] days of Sublessee’s demand therefor, an amount equal to the amount paid by Sublessee with respect to such Taxes.
Payments and Repayments. 35
11.1 Mandatory Repayments of Loans 35 11.2 Currency of Payments 35 11.3 Optional Repayments 35 11.4 Overadvances - Exchange Rate Fluctuations 36 11.5 Payments at Branch of Account and Pro Rata Distributions 36
Payments and Repayments. Section 2.8 Notes; Loan Accounts............................ 30 Section 2.9 Manner of Payment............................... 30 Section 2.10 Reimbursement................................... 32 Section 2.11 Pro Rata Treatment.............................. 33 Section 2.12
Payments and Repayments. (a) Repayment Prior to Payment Date. The principal amount of any Base ------------------------------- Rate Advance may be repaid in full or ratably among the Banks in part at any time, without penalty. LIBOR Advances may be prepaid in full, or ratably among the Banks in part prior to the applicable Payment Date, upon two (2) Business Days' prior written notice to the Administrative Agent, provided that the Borrower shall reimburse the Banks, on demand by the applicable Bank or the Administrative Agent, for any loss or out-of-pocket expense incurred by any Bank in connection with such prepayment, as set forth in Section 2.10 hereof. Any prepayment hereunder shall be in amounts of not less than $500,000 and in integral multiples of $250,000 or, if less, the remaining outstanding balance of any Base Rate Advance or LIBOR Advance.
(b) Loans in Excess of Commitment and/or Incremental Facility --------------------------------------------------------- Commitment. If, at any time, the amount of the Loans then outstanding under the ---------- Commitment shall exceed the Commitment, the Borrower shall, on such date and subject to Sections 2.10 and 2.11 hereof, make a repayment of the principal amount of the Loans in an amount equal to such excess, together with any accrued interest and fees with respect thereto. If, at any time, the amount of the Loans then outstanding under the Incremental Facility Commitment shall exceed the Incremental Facility Commitment, the Borrower shall, on such date and subject to Sections 2.10 and 2.11 hereof, make a repayment of the principal amount of the Loans in an amount equal to such excess, together with any accrued interest and fees with respect thereto.
Payments and Repayments. It will inform the Agent of (i) the making of any Distribution and (ii) any repayment exceeding, in the aggregate, $1,000,000 Cdn (or the Equivalent in U.S. Dollars) of any Indebtedness, excluding normal course reimbursement of inter-company expenses owed to its Affiliates, by delivering to the Agent a written notice to that effect at least fifteen (15) Business Days prior to declaring any such Distribution, and three (3) Business Days prior to any repayment contemplated by (ii) above.
