Common use of Principal Prepayments Clause in Contracts

Principal Prepayments. (a) In anticipation of any repayment or prepayment of any Accommodation under a Credit Facility, other than pursuant to a Rollover or Conversion, the Borrower shall deliver to the Agent a Notice of Repayment with the same prior notice that would apply if the Borrower was obtaining a Drawdown of such Accommodation.

Appears in 3 contracts

Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)

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Principal Prepayments. (a) In anticipation of any repayment or prepayment of any Accommodation Advance under a either of the Credit FacilityFacilities, other than pursuant in relation to a Rollover or ConversionConversion or any of the same effected by the Lenders or the Agent as provided hereunder, the Borrower shall deliver to the Agent a Notice of Repayment with the same prior notice that would apply if the Borrower was obtaining a Drawdown of such Accommodationthe same type of Accommodation under the Revolving Credit Facility.

Appears in 1 contract

Samples: Syndicated Credit Agreement (Enterra Energy Trust)

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Principal Prepayments. (a) In anticipation of any repayment or prepayment of any Accommodation Advance under a the Credit Facility, other than pursuant in relation to a Rollover or ConversionConversion or any of the same effected by the Lenders or the Agent as provided hereunder, the Borrower shall deliver to the Agent a Notice of Repayment with the same prior notice that would apply if the Borrower was obtaining a Drawdown of such Accommodation.

Appears in 1 contract

Samples: Syndicated Credit Agreement (Enterra Energy Trust)

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