Common use of Promise to Repay Clause in Contracts

Promise to Repay. Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving Loan of such Revolving Lender on the Revolving Maturity Date, (iii) to the Administrative Agent for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facility, the principal amount of each Incremental Term Loan under such Incremental Term Loan Facility on the dates and in the amounts set forth in the Increase Joinder for such Incremental Term Loan Facility, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the Swingline Lender, the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after each Swingline Loan is made. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 2 contracts

Samples: Credit Agreement (CSG Systems International Inc), Credit Agreement (CSG Systems International Inc)

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Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay to the Funding Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender on the Final Maturity Date. The Swiss Borrower hereby unconditionally promises to pay (i) to the Administrative Agent Funding Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each Swiss Revolving Loan of such Revolving Lender on the Revolving Final Maturity Date, Date and (iiiii) to the Administrative Agent for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facility, the principal amount of each Incremental Term Loan under such Incremental Term Loan Facility on the dates and in the amounts set forth in the Increase Joinder for such Incremental Term Loan Facility, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan on the earlier of (A) the Revolving Final Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan. The U.K. Borrower hereby unconditionally promises to pay to the Funding Agent, for the account of each Swingline applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan is madeof such Revolving Lender on the Final Maturity Date. The Canadian Borrower hereby unconditionally promises to pay to the Funding Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each Canadian Revolving Loan of such Revolving Lender on the Final Maturity Date. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis South America Holdings LLC)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Parent Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to the Parent Borrower. The Swiss Borrower hereby unconditionally promises to pay (i) on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term Swiss Revolving Loan under of such Incremental Term Loan Facility Revolving Lender and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Increase Joinder Interest Period for such Incremental Term Loan FacilityLoan, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. The German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. The U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Parent Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to the Parent Borrower. The Swiss Borrower hereby unconditionally promises to pay (i) on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term Swiss Revolving Loan under of such Incremental Term Loan Facility Revolving Lender and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Increase Joinder Interest Period for such Incremental Term Loan FacilityLoan, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan Loan. The U.K. Borrower hereby unconditionally promises to pay on the earlier of (A) the Revolving Maturity Date and (B) to the first date after Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after each Swingline Loan is madeRevolving Lender. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Canadian Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to the Canadian Borrower. The Swiss Borrower hereby unconditionally promises to pay (i) on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term Swiss Revolving Loan under of such Incremental Term Loan Facility Revolving Lender made to it and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Increase Joinder Interest Period for such Incremental Term Loan FacilityLoan, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. Each German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. EachThe U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such 1209502.04-CHISR02A - MSW Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The ParentBelgian Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each Belgian Revolving Loan of such Revolving Lender made to the Belgian Borrower. The Canadian Borrower hereby unconditionally promises to pay on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term U.S. Revolving Loan under of such Incremental Term Loan Facility Revolving Lender made to the ParentCanadian Borrower. TheEach Swiss Borrower hereby unconditionally promises to pay (i) on the dates and in the amounts set forth in the Increase Joinder for such Incremental Term Loan Facility, (iv) Maturity Date to the Administrative Agent Agent, for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Replacement Term Swiss Revolving Loan under of such Replacement Term Loan Facility Revolving Lender made to it and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Replacement Term Loan Facility Amendment Interest Period for such Replacement Term Loan FacilityLoan, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. TheEach German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. TheEach U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Belgian Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each Belgian Revolving Loan of such Revolving Lender made to the Belgian Borrower. The Canadian Borrower hereby unconditionally promises to pay on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term U.S. Revolving Loan under of such Incremental Term Loan Facility Revolving Lender made to the Canadian Borrower. Each Swiss Borrower hereby unconditionally promises to pay (i) on the dates and in the amounts set forth in the Increase Joinder for such Incremental Term Loan Facility, (iv) Maturity Date to the Administrative Agent Agent, for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Replacement Term Swiss Revolving Loan under of such Replacement Term Loan Facility Revolving Lender made to it and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Replacement Term Loan Facility Amendment Interest Period for such Replacement Term Loan FacilityLoan, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. Each German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. Each U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or 1125931.03I-XXXXX000000000.05E-CHISR01A - MSW repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

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Promise to Repay. The Borrower hereby unconditionally promises and agrees to pay (i) to the Administrative Agent for the account of each Term Loan Lender, the then unpaid principal amount of each Term Revolving Credit Loan of such Term Loan Lender as provided in Section 2.09, on the Revolving Credit Termination Date; (ii) to the Administrative Agent for the account of each Revolving Lender, the then unpaid principal amount of each Revolving the Term Loan of such Revolving Lender on the Revolving Term Loan Maturity Date, (iii) to the Administrative Agent for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityof an outstanding Negotiated Rate Loan, the then unpaid principal amount of each Incremental Term Negotiated Rate Loan under such Incremental Term Loan Facility on the dates last day of the Interest Period applicable to such Loan and in the amounts set forth in the Increase Joinder for such Incremental Term Loan Facility, (iv) to the Swing Lender, the then unpaid principal amount of each Swing Loan on or before the earlier of (x) the Revolving Credit Termination Date, (y) the last day of any calendar quarter, and (z) the fourth Business Day after such Swing Loan is made; provided that on each date that a Borrowing is made, the Borrower shall repay all Swing Loans then outstanding. The Borrower hereby promises to pay to the Administrative Agent for the account of each Replacement Lender and the Swing Lender, all unpaid interest accrued thereon, in accordance with the terms of this Agreement and the Notes. The Borrower shall execute and deliver to each Lender on the Closing Date, a Revolving Credit Note and a Term Loan Note, evidencing the Loans to each Lender for requesting a Note on or prior to the Closing Date and thereafter shall execute and deliver such other Notes as are requested to evidence (x) any Replacement Term Loan FacilityNegotiated Rate Loans or Swing Loans, as requested by the Administrative Agent or the Lender making such Negotiated Rate Loan, or (y) the Loans owing to the Lenders after giving effect to any assignment thereof pursuant to Section 13.1, all in form and substance acceptable to the Administrative Agent and the parties to such assignment (all such promissory notes and all amendments thereto, replacements thereof and substitutions therefor being collectively referred to as the “Notes”; and “Note” means any one of the Notes). In connection with the issuance of any Note that replaces, in whole or in part, an existing Note, the principal amount existing replaced Note shall be returned to the Borrower marked “Cancelled” or “Replaced” upon request by the Borrower. In the event that such replaced Note is not returned within twenty (20) days after the issuance of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and a replacement Note (or, in the amounts set forth in case of Note relating to a Negotiated Rate Loan, within twenty (20) days after the Replacement Term Loan Facility Amendment repayment of such Negotiated Rate Loan) and the request for such Replacement Term Loan Facilityreturn is made, and (v) the Borrower shall be entitled to receive an affidavit from the Lender that was issued the Note, including an indemnity agreement, reasonably satisfactory to the Swingline LenderBorrower, the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Date and (B) the first date after with respect to such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after each Swingline Loan is made. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominatedunreturned Note.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Mills Corp)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Canadian Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to the Canadian Borrower. The Swiss Borrower hereby unconditionally promises to pay (i) on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term Swiss Revolving Loan under of such Incremental Term Loan Facility Revolving 1096351.01A-CHISR01A1096355.04J-CHISR01A - MSW Lender made to it and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Increase Joinder Interest Period for such Incremental Term Loan FacilityLoan, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. Each German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. Each U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

Promise to Repay. Each U.S. Borrower, jointly and severally, hereby unconditionally promises to pay on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender (or, in the case of U.S. Swingline Loans, the U.S. Swingline Lender in accordance with Section 2.17(a)), the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to any U.S. Borrower. The Canadian Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent Agent, for the account of each Term Loan Lender, the principal amount of each Term Loan of such Term Loan Lender as provided in Section 2.09, (ii) to the Administrative Agent for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.S. Revolving Loan of such Revolving Lender made to the Canadian Borrower. EachThe Swiss Borrower hereby unconditionally promises to pay (i) on the Revolving Maturity Date, (iii) Date to the Administrative Agent Agent, for the account of each Incremental Term Loan Lender for any Incremental Term Loan Facilityapplicable Revolving Lender, the then unpaid principal amount of each Incremental Term Swiss Revolving Loan under of such Incremental Term Loan Facility Revolving Lender made to it and (ii) on the dates earlier of the Maturity Date and in the amounts set forth in last day of the Increase Joinder Interest Period for such Incremental Term Loan FacilityLoan, (iv) to the Administrative Agent for the account of each Replacement Term Loan Lender for any Replacement Term Loan Facility, the principal amount of each Replacement Term Loan under such Replacement Term Loan Facility on the dates and in the amounts set forth in the Replacement Term Loan Facility Amendment for such Replacement Term Loan Facility, and (v) to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. Each German Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each German Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of (A) the Revolving Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan is mademade to it. Each U.K. Borrower hereby unconditionally promises to pay (i) on the Maturity Date to the Administrative Agent, for the account of each applicable Revolving Lender, the then unpaid principal amount of each U.K. Revolving Loan of such Revolving Lender made to it and (ii) on the earlier of the Maturity Date and the last day of the Interest Period for such Loan, to the European Swingline Lender, the then unpaid principal amount of each European Swingline Loan made to it. All payments or repayments of Loans made pursuant to this Section 2.04(a) shall be made in the Approved Currency in which such Loan is denominated.

Appears in 1 contract

Samples: Credit Agreement (Novelis Inc.)

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