Repayment by instalments. (a) The Borrower shall repay each Tranche by instalments on the Payment Dates specified in the relevant Disbursement Notice in accordance with the terms of the amortisation table delivered pursuant to Article 2.03.
Repayment by instalments. The Borrower shall repay each Tranche by instalments on the Payment Dates specified in the relevant Disbursement Offer in accordance with the terms of the Amortisation Table for that Tranche delivered pursuant to Article 2.3 (Confirmation by the Bank). Each Amortisation Table shall be drawn up on the basis that: in the case of a Fixed Rate Tranche, repayment shall be made semi-annually by equal instalments of principal or constant instalments of principal and interest; in the case of a Floating Rate Tranche, repayment shall be made by equal semi-annual instalments of principal; the first repayment date of each Tranche shall be a Payment Date falling not earlier than 60 (sixty) days from the Scheduled Disbursement Date and not later than the first Payment Date immediately following the 5th (fifth) anniversary of the Scheduled Disbursement Date of the Tranche; and the last repayment date of each Tranche shall be a Payment Date falling not earlier than 4 (four) years and not later than 25 (twenty-five) years from the Scheduled Disbursement Date. Voluntary prepayment Prepayment option Subject to Articles 4.2.B (Prepayment Indemnity),4.2.C(Prepayment mechanism) and 4.4 (General), the Borrower may prepay all or part of any Tranche, together with accrued interest and indemnities if any, upon giving a Prepayment Request with at least one month's prior notice specifying: the Prepayment Amount; the Prepayment Date; if applicable, the choice of application method of the Prepayment Amount in line with Article 5.5.C(a) (Allocation of sums related to Tranches); and the contract number (“FI N° 88495”) mentioned on the cover page of this Contract. Subject to Article 4.2.C (Prepayment mechanics) the Prepayment Request shall be binding and irrevocable. Prepayment indemnity Fixed rate tranche If the Borrower prepays a Fixed Rate Tranche, the Borrower shall pay to the Bank on the Prepayment Date the Prepayment Indemnity in respect of the Fixed Rate Tranche which is being prepaid. Floating rate tranche The Borrower may prepay a Floating Rate Tranche without indemnity on any relevant Payment Date. Prepayment mechanics Upon presentation by the Borrower to the Bank of a Prepayment Request, the Bank shall issue a Prepayment Notice to the Borrower, not later than 15 (fifteen) days prior to the Prepayment Date. The Prepayment Notice shall specify the Prepayment Amount, the accrued interest due thereon, the Prepayment Indemnity payable under Article 4.2.B(Prepayment Indemnity) or, as...
Repayment by instalments. ARTICLE 4
Repayment by instalments. The Borrower shall repay each Tranche by equal annual instalments of principal together with all other amounts outstanding under this Contract in relation to that Tranche on the Repayment Date(s) specified in the relevant Disbursement Offer. The first Repayment Date of each Tranche shall fall on the first Repayment Date immediately following the third anniversary of the Disbursement Date of the Tranche. The last Repayment Date of each Tranche shall be a Repayment Date falling 6 years from the relevant Disbursement Date.
Repayment by instalments. Subject to the provisions of this Agreement, the Borrower shall repay the Loan in 10 instalments each in the amount of $2,150,000 together with a balloon instalment of $43,500,000 payable with (and forming part of) the 10th and final Repayment Instalment. If the full amount of the Loan is not advanced to the Borrower, the amount of each Repayment Instalment shall be reduced pro rata to the amount actually advanced.
Repayment by instalments. Subject to the provisions of this Agreement, the Borrowers shall repay each Tranche in 40 equal quarterly instalments in the amount of $582,291 each and a balloon payment in the amount of $18,333,360 in respect of each Tranche (the "Balloon Payment") payable together with the 40th quarterly instalment in respect of that Tranche. If the full amount of a Tranche is not advanced to the Borrowers, the amount of each Repayment Instalment in respect of that Tranche shall be reduced pro rata to the amount actually advanced.
Repayment by instalments. Tranche C
