Repayment and Prepayment of Loans Sample Clauses

Repayment and Prepayment of Loans. (a) Within 60 days after the occurrence of a Borrowing Base Shortfall, the Borrower shall make a principal payment in the amount of such Borrowing Base Shortfall, all as more particularly set forth in Section 2.8(k).
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Repayment and Prepayment of Loans. (a) Subject to mandatory prepayment of the Loans as provided herein, the outstanding principal amount of each Loan shall be repaid in full, together with all accrued and unpaid interest thereon, on January 15, 1998 (the "Maturity Date"). Borrower shall, at any time, and from time to time, be entitled to prepay any portion of the principal amount of the Loans, without premium or penalty, provided, that (i) all such prepayments shall be made together with accrued interest through the date of prepayment on the principal amount being prepaid and (ii) the Lender shall have received at least one Business Days' prior written notice of such prepayment which notice states the proposed date of prepayment and the amount of principal and interest being prepaid. All principal and interest payable by Borrower pursuant to this Agreement shall be paid in Dollars to an account specified in writing by Lender from time to time no later than 1:00 p.m. on the date specified for payment.
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Repayment and Prepayment of Loans. (a) On the Maturity Date the Borrower shall repay the Principal Debt then unpaid and outstanding (if any).
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Repayment and Prepayment of Loans. (a) SCI shall repay the principal of each Loan on its Maturity Date.
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Repayment and Prepayment of Loans. (a) The Borrower shall pay to the Agent for the account of each Bank the principal of the Term Loans in five (5) consecutive quarterly installments, commencing on the date of the execution and delivery of the Fourth Amendment and continuing on the last day of each calendar quarter thereafter until payment in full of the Term Loans on June 30, 2001. Each installment shall be in the amount of Two Million ($2,000,000) Dollars provided that the last such installment (scheduled to occur on June 30, 2001) shall be in the amount of Eight Hundred Fifty Thousand ($850,000) Dollars or such other amount as shall be sufficient to repay in full the outstanding principal amount of the Term Loans on such date.
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Repayment and Prepayment of Loans. (a) Subject to mandatory prepayment of the Loans as provided herein, the outstanding principal amount of the Term Loan shall be repaid in full, together with all accrued and unpaid interest thereon, on April 15, 1998 (the "Term Loan Maturity Date"); provided, however, that, provided no Default or Event of Default shall have occurred and be continuing immediately prior to the then current Term Loan Maturity Date, the Term Loan Maturity Date shall be extended by an additional thirty (30) days for each one million dollar ($1,000,000) prepayment of principal of the Term Loan made by the Borrower in accordance with this Section 2.6. Partial payments totalling less than one million dollars ($1,000,000) shall not result in an extension of the Term Loan Maturity Date.
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Repayment and Prepayment of Loans. (a) The Loans shall be interest-only until the Maturity Date. The principal amount of the Loans then outstanding shall be paid in full on the Maturity Date (as it may be extended pursuant to Section 2.15).
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Repayment and Prepayment of Loans 
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Related to Repayment and Prepayment of Loans

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

  • 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.

  • 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.

  • Prepayment of Loan So long as ECOLOGY shall hold this loan, the RECIPIENT may prepay the entire unpaid principal balance of and accrued interest on the loan or any portion of the remaining unpaid principal balance of the Loan Amount . Any prepayments on the loan shall be applied first to any accrued interest due and then to the outstanding principal balance of the Loan Amount. If the RECIPIENT elects to prepay the entire remaining unpaid balance and accrued interest, the RECIPIENT shall first contact ECOLOGY’s Revenue/Receivable Manager of the Fiscal Office.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Mandatory Prepayment of Loans (a) Subject to Section 2.06(c), on the date of receipt by the Borrower or any Restricted Subsidiary (or affiliate thereof) of any Net Cash Proceeds, the Borrower shall prepay the Loans in an aggregate amount equal to such Net Cash Proceeds (together with any amounts due pursuant to Section 2.07 or Section 2.09); provided that the Borrower shall have no obligation to prepay the Loans (i) to the extent that such Net Cash Proceeds are attributable to a Disposition permitted by clauses (a), (c), (e), (f), (g), (h) and (j) of Section 7.04, (ii) to the extent that such Net Cash Proceeds for any Disposition are not in excess of $1,000,000 individually or $10,000,000 in the aggregate for all such Dispositions or (iii) with respect to any Casualty Event or any Disposition permitted pursuant to clause (k) (but only with respect to Dispositions of Core Assets that were acquired by the Borrower or any Restricted Subsidiary following the Availability Date (it being understood that any Net Cash Proceeds received from other Dispositions pursuant to clause (k) shall not be able to be reinvested pursuant to this clause (iii)) and clause (l) of Section 7.04, if, within 365 days after receipt of such Net Cash Proceeds, the Borrower uses such Net Cash Proceeds to purchase, or otherwise reinvests such Net Cash Proceeds in, Oil and Gas Interests useful in the business of the Credit Parties (in each case, as certified by the Borrower in a certificate of a Responsible Officer delivered to the Administrative Agent and the Lead Lender); provided further that, if all or any portion of such Net Cash Proceeds are not so reinvested within the time period specified (or such earlier date, if any, as the applicable Credit Party determines not to reinvest such Net Cash Proceeds as set forth above), such remaining portion shall be applied on the last date of such period (or such earlier date, as the case may be) as provided in this Section 2.06(a) without regard to this proviso.

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

  • Repayments and Prepayments The Borrower shall repay in full the unpaid principal amount of each Loan upon the Stated Maturity Date therefor. Prior thereto, the Borrower

  • Voluntary prepayment of Loans The Borrower may, if it gives the Agent not less than 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of a Loan (but, if in part, being an amount that reduces the Base Currency Amount of the Loan by a minimum amount of EUR 20,000,000).

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