Repayment of Capital. At the time of the distribution, with the amount of money or the fair market value of property distributed to the Partner as a repayment of Capital under this Agreement.
Repayment of Capital. 11 10. CANCELLATION....................................................... 12 11.
Repayment of Capital. 9.1 The Borrower shall pay the Loan Principal A to the Lender as follows:-
9.1.1 Each Advance shall be repaid in equal instalments every three months from the Drawing Date of that Advance so that the amount of the Advance is paid in full to the Lender by the Final Repayment Date. The final instalment of each and every Advance shall be paid on the Final Repayment Date, notwithstanding that the period between the previous Capital Repayment Date and the Final Repayment Date may be less than three months.
9.1.2 All obligations in respect of this Facility A (both capital and interest) shall be settled in full by no later than the Final Repayment Date.
9.1.3 All payments to the Lender shall be made in US Dollars and shall be made from the Debt Service Account, as stated in the CTA. To the extent that the Debt Service Account has insufficient funds in it to meet any obligation due and payable to the Lender, then any payments made by the Borrower to meet that insufficiency shall be made into an account designated by the Lender. For the avoidance of doubt, it is recorded that a shortfall in the Debt Service Account shall not excuse the Borrower from making payment of amounts due to the Borrower.
9.2 The Lender shall from time to time notify the Borrower of the Capital Repayment Dates of each Advance and the amount of each repayment of capital of that Advance to be paid on each such day, by providing the Borrower with an amended Appendix 3 (amended in accordance with the provisions of this clause 9). The Lender shall not be liable to the Borrower in respect of any failure so to notify the Borrower and that the Borrower shall not as a result of any such failure be relieved of any of its obligations hereunder. The first such Appendix 3 shall be compiled by the Lender and shall be appended to this Agreement after the Drawing Date of the first Advance hereunder.
9.3 The provisions of clause 46.4 (certificates) of the CTA shall apply to Appendix 3 as provided by the Lender from time to time.
9.4 Any capital amount paid or prepaid by the Borrower under this Agreement shall be available to be drawn again by the Borrower in compliance with the terms and conditions of clause 7.
9.5 Notwithstanding the aforegoing or any provisions to the contrary in any Finance Document:-
9.5.1 If the Lender is of the reasonable opinion that the ability of the Secured Assets to provide revenue to the Borrower to service the payment of capital or interest under this Agreement (whether such cap...
Repayment of Capital. The Loan is to be repaid by monthly instalments of capital and interest by direct debit over a period of 120 months, commencing the 18th day of the month following draw down, as per the enclosed schedule. From the 1st January 2028 it is proposed that ICO Fund plc will be restructured within the Industrial Common Ownership Limited (ICOF) Group. As such we reserve the right to assign any outstanding loan balance at this date to any other Fund owned, controlled or managed by ICOF on the same terms as set out in this agreement.
Repayment of Capital. The credit balances in the capital and current accounts of each Selling Stockholder with the Partnership as of the date hereof as stated opposite such Selling Stockholder's name on Schedule B attached hereto shall be paid to such Selling Stockholder on the second anniversary of the Closing Date.
Repayment of Capital. The Loan is to be repaid by monthly instalments of capital and interest by direct debit over a period of 120 months, commencing the 18th day of the month following draw down, per the enclosed schedule.
Repayment of Capital. The Members shall not have the right to demand or receive property, other than cash, in return for their capital contributions except in liquidation as provided in Section 19 hereof, and no Member shall have any priority over any other Member as to the return of contributions or compensation by way of income except as specifically provided herein.
Repayment of Capital. 3.1 The Borrower shall not be obliged to repay the Capital during the period of five years from the advance date.
3.2 Three months prior to the fifth anniversary of the advance date the parties shall meet to negotiate in good faith the terms of repayment of the Capital together with any interest which has accrued on the Capital. If the parties are unable to agree on the terms of repayment of the Capital together with any accrued interest thereon, the Capital and accrued interest thereon shall be repayable in full by the Borrower on demand by Pyramid.
3.3 Notwithstanding the above, the Borrower shall be entitled to effect early repayment of the whole or part of the Capital together with any interest that has accrued to the date of such early repayment, without any penalty, at any time.
Repayment of Capital. The Borrower undertakes to repay the Capital in five annual and consecutive instalments, the first due on May 7th 2020; and from there according to the schedule set out in Appendix A (the “Capital Maturity Dates”). The term for the total repayment of the Capital plus the compensatory interest set out in clause THREE, shall be on May 7th 2024 (hereinafter referred to as the “Term of the Agreement”).
Repayment of Capital the repayment of capital rights attaching to the Class C Shares are as set out in article 5 and article 6.
