Common use of Repayment of Borrowings Clause in Contracts

Repayment of Borrowings. (a) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (b) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Atp Oil & Gas Corp)

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Repayment of Borrowings. (a) To the extent not previously paid, all Term Loans and Other Term All Loans shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (b) All repayments pursuant to this Section 2.11 shall be subject to Section 2.162.15, but shall otherwise be without premium or penalty.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Forest Oil Corp)

Repayment of Borrowings. (a) [Reserved]. (b) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (bc) All repayments pursuant to this Section 2.11 shall not be subject to Section 2.16, but shall otherwise be without any premium or penalty.

Appears in 1 contract

Samples: Credit Agreement (Gulfmark Offshore Inc)

Repayment of Borrowings. (a) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (b) All repayments pursuant to this Section 2.11 2.09 shall be subject to Section 2.16, but shall otherwise be without premium or penalty2.11.

Appears in 1 contract

Samples: Unsecured Subordinated Credit Agreement (Atp Oil & Gas Corp)

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Repayment of Borrowings. (a) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and payable on the Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. (b) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.

Appears in 1 contract

Samples: Term Loan Agreement (Maxxam Inc)

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