Repayment and Prepayment of the Loans. The outstanding principal amount of all Loans made to a Trust and all accrued and unpaid interest thereon will be due and payable in full on the related Maturity Date. A Trust may prepay any outstanding Loan, in whole or in part, at any time without penalty. Any amounts prepaid by such Trust may be reborrowed. All payments of principal of and interest on the Loans will be made in lawful money of the United States, in immediately available funds, to the agent of the Lender (as may be designated in writing by the Lender from time to time). If any such payment falls due on a day which is not a Business Day, such payment will be due on the next following Business Day. Payments received by the Lender in respect of Loans made to a Trust will be applied: first, to accrued and unpaid interest on such Loans, and second, to the principal of such Loans.
Repayment and Prepayment of the Loans. The outstanding principal amount of all Loans and all accrued and unpaid interest thereon will be due and payable in full on the Maturity Date. The Borrower may prepay any outstanding Loan, in whole or in part, at any time without penalty. Any amounts prepaid may be reborrowed. All payments of principal of and interest on the Loans will be made in lawful money of the United States, in immediately available funds, to the Lender. If any such payment falls due on a day which is not a Business Day, such payment will be due on the next following Business Day. Payments received by the Lender will be applied: first, to accrued and unpaid interest on the Loans, and second, to the principal of the Loans.
Repayment and Prepayment of the Loans. 3.01. Repayment............................................... 63 3.02.
Repayment and Prepayment of the Loans. 54 Section 3.01. Repayment..............................................54
Repayment and Prepayment of the Loans. (a) The Borrowers, jointly and severally, promise and agree to repay to the Lender all Loans, together with interest accrued through the date of repayment, at the earlier to occur of (i) the Business Day following delivery of written demand by the Lender or (ii) the Termination Date. Without prejudice to any of the rights of the Lender arising under this Agreement, the Lender shall have the right at any time and from time to time to demand repayment, in whole or in part, of any Loans, together with any accrued but unpaid interest thereon.
(b) The Lender may, in its sole discretion, set off any amounts due and owing to it by the Borrowers hereunder (and not otherwise paid by the Borrowers) against amounts owed by the Lender and its Subsidiaries (other than Technology and its Subsidiaries) to the Borrowers.
(c) The Borrowers may repay or prepay the outstanding principal amount of Loans in whole or in part on any Business Day. Each such repayment or prepayment shall be accompanied by payment of all accrued interest thereon and may be made at any time without cost or penalty of any kind.
Repayment and Prepayment of the Loans. (a) The Borrowers, jointly and severally, agree to repay each LIBOR Loan at the end of the period of duration applicable thereto and it shall repay all Loans no later than the Termination Date.
(b) The Lender may, in its sole discretion, set off any amounts due and owing to it by the Borrowers hereunder (and not otherwise paid by the Borrowers) against amounts owed by the Lender to the Borrowers as provided in Section 8.8.
(c) The Borrowers may repay or prepay the outstanding principal amount of Loans in whole or in part on any Business Day upon irrevocable notice to the Lender given not later than 1:00 p.m. (Eastern Time) on the Business Day prior to the proposed payment date, provided, however, that the Borrowers may make repayments pursuant to Section 4(a) of the Cash Management Agreement without giving such notice. Notice hereunder shall specify the date of the repayment or prepayment, the principal amount to be repaid or prepaid (which amount, in the case of a LIBOR Loan, shall be a multiple of $500,000) and whether such payment relates to Base Rate Loans or LIBOR Loans and, if the latter, identifying the LIBOR Loan or Loans to which such payment applies. Each such repayment or prepayment shall be made on the dates specified and shall be accompanied by payment of all accrued interest thereon and, subject to compliance with the foregoing procedures, may be made at any time without cost or penalty of any kind; provided, however, that, if the Borrowers prepay any LIBOR Loan in whole or in part, the accrued interest on the principal amount to be prepaid will be recalculated from the date the applicable LIBOR Loan was borrowed as if that amount had been borrowed as a Base Rate Loan.
(d) Subject to the conditions of Section 2.2(a) and this Section 2.3(d), a LIBOR Loan may, on the last day of the applicable period of duration thereof, be converted into a Base Rate Loan or a new LIBOR Loan and a Base Rate Loan may, on any Business Day, be converted into a LIBOR Loan. The applicable notice of borrowing given pursuant to Section 2.2(a) shall designate any part of the Loan requested thereby that is to be made by conversion of an existing Loan rather than by advancing a new Loan. To the extent that a Loan is made by conversion of an existing Loan, the conditions of lending set forth in Section 3.1 hereof will not apply. Notwithstanding the provisions of this Section 2.3(d), during a Default the Lender may notify the Borrowers that Base Rate Loans may not be conve...
Repayment and Prepayment of the Loans. 3.01. Repayment 52 3.02. Mandatory Prepayments of Loans 53 3.03. Optional Prepayments of Loans 59 3.04. Certain Matters Relating to Repayments and Prepayments 59 ARTICLE IV ILLEGALITY, INCREASED COSTS, CAPITAL ADEQUACY AND INDEMNITIES 4.01. Illegality 60 4.02. Additional Costs and Capital Adequacy 60 4.03. Taxes 61 4.04. Survival 63 Page
Repayment and Prepayment of the Loans. 3.1 Repayment; Stated Maturity; Extension Option. 24
Repayment and Prepayment of the Loans. 6231593.9\0334186
Repayment and Prepayment of the Loans
