Common use of Repayment of Additional Facility Loans Clause in Contracts

Repayment of Additional Facility Loans. Each Borrower which has drawn an Additional Facility Loan which is not a Revolving Facility Loan shall repay that Loan in accordance with the provisions of the relevant Additional Facility Accession Agreement, which shall provide for repayment of the relevant Additional Facility to be made: (a) in full on the relevant Termination Date; or (b) by payment of instalments (each a Repayment Instalment) on any date or dates up to and including the relevant Termination Date. Each Repayment Instalment shall be in the amount and on the date or dates set out in or calculated in accordance with the relevant Additional Facility Accession Agreement.

Repayment of Additional Facility Loans. Each Borrower which has drawn an Additional Facility Loan which is not a Revolving Facility Loan shall repay that Loan in accordance with the provisions of the relevant Additional Facility Accession Agreement, which shall provide for repayment of the relevant Additional Facility to be made: (a) in full on the relevant Termination Date; or (b) by payment of instalments (each a “Repayment Instalment”) on any date or dates up to and including the relevant Termination Date. Each Repayment Instalment shall be in the amount and on the date or dates set out in or calculated in accordance with the relevant Additional Facility Accession Agreement.