Common use of Promise to Repay at Maturity Clause in Contracts

Promise to Repay at Maturity. Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of the Lenders, the unpaid principal amount of the Loan then outstanding on the Maturity Date.

Appears in 6 contracts

Samples: Credit Agreement (Global Clean Energy Holdings, Inc.), Credit Agreement (Global Clean Energy Holdings, Inc.), Credit Agreement (Global Clean Energy Holdings, Inc.)

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Promise to Repay at Maturity. Borrower hereby unconditionally promises to pay to the Administrative Agent Agent, for the account of the Lenders, the unpaid principal amount of the Loan then outstanding on the Maturity Date at the Applicable Price (it being understood and agreed that a Loan Conversion shall be deemed a full repayment of the unpaid principal amount of the Loans then outstanding at the Applicable Price on the Loan Conversion Date).

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

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