Repayment Instalments. Loan A Loan B Loan C Loan D
Repayment Instalments. The Borrower shall repay the Loan by (a) 24 consecutive three-monthly instalments of (i) in the case of the first to fourth instalments (inclusive), in the amount of $1,500,000 each, (ii) in the case of the fifth to eighth instalments (inclusive), in the amount of $1,250,000 each, (iii) in the case of the ninth to twelfth instalments (inclusive), in the amount of $875,000 each and (iv) in the case of the thirteenth to twenty forth instalments (inclusive), in the amount of $500,000 each and (b) a balloon payment in the amount of $14,500,000 (the “Balloon Instalment”) Provided that if the Loan is drawdown in less than the maximum available amount thereof, each repayment instalment (including the Balloon Instalment) shall be reduced pro rata by an amount in aggregate equal to such undrawn amount.
Repayment Instalments. Save as repaid or prepaid prior to the date of this Amending and Restating Agreement, the Borrower shall repay the Loan by (a) 24 consecutive three-monthly instalments of (i) in the case of the first instalment in the amount of $7,000,000, (ii) in the case of the second to fifth instalments (inclusive), in the amount of $10,500,000 each, (iii) in the case of the sixth to eighth instalments (inclusive), in the amount of $8,800,000 each, (iv) in the case of the ninth to fourteenth instalments (inclusive), in the amount of $4,400,000 each, (v) in the case of the fifteenth to twenty-fourth instalments (inclusive), in the amount of $2,700,000 each and (b) a balloon payment in the amount of $21,200,000 (the “Balloon Instalment”) Provided that if the Loan is drawdown in less than the maximum available amount thereof, each repayment instalment (including the Balloon Instalment) shall be reduced pro rata by an amount in aggregate equal to such undrawn amount.
Repayment Instalments. Notwithstanding anything contained in Clause (a) hereinabove, the Lender may, at its discretion, appropriate such payments towards the dues, if any, payable by the Borrower in respect of any other facility(ies) availed of by the Borrower from the Lender in the order specified in the relative agreement(s).
Repayment Instalments. Save as previously repaid or prepaid, the Borrower shall repay the Loan by (i) 18 consecutive three-monthly instalments in the amount of $1,337,160 each and (ii) a balloon payment of $20,880,760 (the “Balloon Instalment”).
Repayment Instalments. The Borrower shall repay:
(a) Tranche A by:
(i) 20 equal consecutive quarterly repayment instalments (each a “Tranche A Instalment” and together, the “Tranche A Instalments”), each in the amount of Y; and
(ii) a balloon instalment (the “Balloon Instalment A”) in the amount of Z;
(b) Tranche B by:
(i) 20 equal consecutive quarterly repayment instalments (the “Tranche B Instalment” and together with the Tranche A Instalments, the “Instalments”), each in the amount of Y; and
(ii) a balloon instalment (the “Balloon Instalment B” and together with the Balloon Instalment A, the “Balloon Instalments” and each a “Balloon Instalment”) in the amount of Z. In this clause 8.1:
Repayment Instalments. The Borrower shall repay the Loan in installments by repaying on each Repayment Date an amount equal to 1/14th of the amount of the Loan as at close of business in New York on the last day of the Availability Period.
Repayment Instalments. The Borrower shall repay the Loan on each Repayment Date set out in the table below in an amount equal to:
6.1.1 the aggregate of:
(a) the Base Case Repayment Instalment relating to that Repayment Date; and
(b) the sum of (A/B)X C where: A = the Base Case Repayment Instalment relating to that Repayment Date;
Repayment Instalments. The Borrower shall repay an amount equal to 85% of the Loan outstanding on the Charterparty Commencement Date after the capitalisation of interest on such date in accordance with Clause 5.2 together with the interest accruing on the Loan during the period of such repayments by means of eighty-four (84) equal payments, one such payment being payable on each Repayment Date in the amount of the Repayment Instalment (comprising a proportion of the principal of the Loan repayable on each such date and the interest element payable on each such date) specified in respect of such Repayment Date in the Repayment Schedule delivered by the Facility Agent pursuant to Clause 6.4. The Repayment Dates shall be the fifth day of the second month next following the month during which the Charterparty Commencement Date occurs and the 83 dates falling at consecutive monthly intervals thereafter.
Repayment Instalments. 1.1.1 The loan will be repaid by the Borrower together with the interest by the number of equal Monthly Instalments specified in the Letter of Offer on each Repayment Date (each of an amount notified to the Borrower by the Bank in writing from time to time in accordance with Clause 1.
