Common use of Repayment of Advances and Letter of Credit Drawings Clause in Contracts

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Advances then outstanding.

Appears in 5 contracts

Samples: Five Year Credit Agreement (Omnicom Group Inc), Year Credit Agreement (Omnicom Group Inc), Year Credit Agreement (Omnicom Group Inc)

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Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers shall repay to the Agent for the ratable account of the Lenders each Lender on the Termination Date applicable to such Lender the aggregate principal amount of the Advances then outstanding.

Appears in 3 contracts

Samples: Assignment and Assumption (Omnicom Group Inc.), Five Year Credit Agreement (Omnicom Group Inc.), Credit Agreement (Omnicom Group Inc.)

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Each Borrower shall repay to the Agent for the ratable account of the Lenders on the each applicable Termination Date the aggregate principal amount of the Advances made to such Borrower then outstanding.

Appears in 3 contracts

Samples: Credit Agreement (Corning Inc /Ny), Credit Agreement (Corning Inc /Ny), Credit Agreement (Corning Inc /Ny)

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date applicable to such Lender the aggregate principal amount of the Advances made by such Lender and then outstanding.

Appears in 2 contracts

Samples: Year Credit Agreement (Pinnacle West Capital Corp), Credit Agreement (Pinnacle West Capital Corp)

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Each Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Advances made to it and then outstanding.

Appears in 1 contract

Samples: Credit Agreement (Avaya Inc)

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Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Advances then outstanding.

Appears in 1 contract

Samples: Year Credit Agreement (Pinnacle West Capital Corp)

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Each Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Advances made to such Borrower then outstanding.

Appears in 1 contract

Samples: Five Year Credit Agreement (Cytec Industries Inc/De/)

Repayment of Advances and Letter of Credit Drawings. (a) The Borrowers Each Borrower shall repay to the Agent for the ratable account of the Lenders each Lender on the Termination Date applicable to such Lender the aggregate principal amount of the Advances made by such Lender to such Borrower and then outstanding.

Appears in 1 contract

Samples: Five Year Credit Agreement (Cytec Industries Inc/De/)

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