Common use of Repayment of Borrowings Clause in Contracts

Repayment of Borrowings. Borrower shall repay the unpaid principal amount of all Borrowings on (A) in the case of Loans that are not converted to a term loan pursuant to Section 2.4, the Termination Date, and (B) in the case of Loans that are converted to a term loan pursuant to Section 2.4, on the Term Loan Maturity Date, in each case unless sooner due by reason of acceleration by Administrative Agent as provided in this Agreement.

Appears in 4 contracts

Samples: Credit and Security Agreement (loanDepot, Inc.), Credit and Security Agreement (loanDepot, Inc.), Credit and Security Agreement (loanDepot, Inc.)

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Repayment of Borrowings. Borrower shall repay the unpaid principal amount of all Borrowings on (A) in the case of Loans that are not converted to a term loan pursuant to Section 2.42.07, the Termination Date, and (B) in the case of Loans that are converted to a term loan pursuant to Section 2.42.07, on the Term Loan Maturity Date, in each case unless sooner due by reason of acceleration by Administrative Agent Xxxxxx as provided in this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (loanDepot, Inc.)

Repayment of Borrowings. Borrower shall repay the unpaid principal amount of all Borrowings on (A) in the case of Loans that are not converted to a term loan pursuant to Section 2.42.07, the Termination Date, and (B) in the case of Loans that are converted to a term loan pursuant to Section 2.42.07, on the Term Loan Maturity Date, in each case unless sooner due by reason of acceleration by Administrative Agent Lender as provided in this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (loanDepot, Inc.)

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Repayment of Borrowings. Borrower shall repay the unpaid principal amount of all Borrowings on (A) in the case of Loans that are not converted to a term loan pursuant to Section 2.4, the Termination Date, and (B) in the case of Loans that are converted to a term loan pursuant to Section 2.4, on the Converted Term Loan Maturity Date, in each case unless sooner due by reason of acceleration by Administrative Agent as provided in this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (loanDepot, Inc.)

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