Repayment and Maturity of Loans Sample Clauses

Repayment and Maturity of Loans. On each of the first two Scheduled Payment Dates, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), to the Collection Account a principal amount of the Loans equal to the excess (if any) of (x) the aggregate principal amount of the Loans outstanding as of such Scheduled Payment Date minus (y) the Permitted Interim Outstanding Principal Amount applicable to such Scheduled Payment Date. On the third Scheduled Payment Date, the Borrower shall repay, and there shall become due and payable, the remainder of the aggregate outstanding principal amount of the Loans and all accrued interest thereon (including all Aggregate Default Interest and all accrued interest thereon), and the Loans of each Lender shall be ratably repaid. In the event that any of such payments are not made when due, the Agent may, with the prior written consent of each Lender (which such consent shall be in the sole discretion of each such Lender) extend any such payment date on terms satisfactory to such Lenders (in their sole discretion); provided that, any such extension shall not extend any such payment beyond the Legal Final Maturity Date.
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Repayment and Maturity of Loans. On the Maturity Date, the Borrower shall cause to be paid to the Collection Account the aggregate outstanding principal amount of the Loans and all accrued interest thereon (including all Aggregated Default Interest and all accrued interest thereon), and the Loans of each Lender shall be ratably repaid.
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Repayment and Maturity of Loans. On the Final Maturity Date, the Borrower shall repay in full, together with all accrued and unpaid interest thereon, the outstanding principal amount of the Loans, along with any other Credit Obligations outstanding at such time.
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Repayment and Maturity of Loans. Unless due sooner pursuant to the provisions of Article VI, the Borrower agrees to repay the principal of the Term Loan in annual installments in the amount of $2,000,000 on or before December 31, 2002, and $2,000,000 after January 1, 2003 but on or before December 31, 2003, together with one final installment on the Termination Date in an amount equal to the unpaid principal balance of, and accrued but unpaid interest on, the Loans.
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Repayment and Maturity of Loans. Unless due sooner pursuant to the provisions of Article VI, the Loans shall be repaid in 2 principal installments as follows: (i) the first principal installment of $150,000,000 shall be due and payable in full on the First Payment Date and (ii) the second and last principal installment of the remaining outstanding principal amount of the Loans shall be due and payable in full on the Maturity Date.
Sample 1
Repayment and Maturity of Loans. On the Maturity Date, the Borrower shall repay to the Collection Account the aggregate outstanding principal amount of the Loans and all accrued interest thereon (including all Aggregate Default Interest and all accrued interest thereon), and the Loans of each Lender shall be ratably repaid. In the event that any amount of principal is not paid when due pursuant to this Section 2.06, the Agent may, with the prior written consent of each Lender (which such consent shall be in the sole discretion of each such Lender) extend the due date for such payment on terms satisfactory to such Lenders (in their sole discretion); provided that, any such extension shall not extend the due date for such payment beyond the Legal Final Maturity Date.
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Repayment and Maturity of Loans 
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Related to Repayment and Maturity of Loans

  • Repayment of Loans (a) The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Committed Loans outstanding on such date.

  • Repayment and Prepayment 6.1 Subject to the terms of this Agreement the Loans shall be repaid in full on the Final Repayment Date.

  • Optional Repayments of Loans Each Borrower shall have the right, at its election, to repay the Outstanding amount of the Loans made to it, as a whole or in part, at any time without penalty or premium, provided that any full or partial repayment of the Outstanding amount of any LIBOR Loans pursuant to this Section 3.3 made on a date other than the last day of the Interest Period relating thereto shall be subject to customary breakage charges as provided in Section 4.9. The applicable Borrower shall give the Administrative Agent, no later than 10:00 a.m. on the day of any proposed repayment pursuant to this Section 3.3 of Federal Funds Rate Loans, Alternate Base Rate Loans or Swing Loans, and three (3) Business Days’ notice of any proposed repayment pursuant to this Section 3.3 of LIBOR Loans, in each case, specifying the proposed date of payment of Loans and the principal amount to be paid. Each such partial repayment of the Loans shall be in an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof, shall be accompanied by the payment of accrued interest on the principal repaid to the date of payment, and shall be applied, in the absence of instruction by the applicable Borrower, first to the principal of Swing Loans made to such Borrower, second to the principal of Alternate Base Rate Loans made to such Borrower, third to the principal of Federal Funds Rate Loans and fourth to the principal of LIBOR Loans made to such Borrower (in inverse order of the last days of their respective Interest Periods). Each partial repayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Bank’s Loans, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion. Any amounts repaid under this Section 3.3 may be reborrowed prior to the Maturity Date as provided in Section 2.8, subject to the conditions of Section 10.

  • Prepayment of Loans (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

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