Repayment of Certain Types of Accommodation. The following provisions shall also apply to the voluntary repayment by the Borrower of the following types of Accommodation: (i) Subject to Section 6.1(c), no repayment of any LIBOR Loan shall be made otherwise than upon the expiration of any applicable LIBOR Interest Period; and (ii) No repayment of outstanding Accommodation in the form of Bankers’ Acceptance shall be made otherwise than upon the expiration or maturity date or, in the case of a Documentary Credit, on the date of surrender thereof to the Documentary Credit Lender.
Appears in 4 contracts
Samples: Credit Agreement (Midamerican Funding LLC), Credit Agreement (Midamerican Funding LLC), Credit Agreement (Pacificorp /Or/)
Repayment of Certain Types of Accommodation. The following provisions shall also apply to the voluntary repayment by the Borrower of the following types of Accommodation:
(i) Subject to Section 6.1(cSubsection 5.1(c), no repayment of any LIBOR Loan shall be made otherwise than upon the expiration of any applicable LIBOR Interest Period; and
(ii) No repayment of any outstanding Accommodation in the form of a Bankers’ Acceptance shall be made otherwise than upon the expiration or maturity date or, in the case of a Documentary Letter of Credit, on the date of surrender thereof to the Documentary Letter of Credit Lender.
Appears in 2 contracts
Samples: Credit Agreement (Midamerican Funding LLC), Credit Agreement (Pacificorp /Or/)
Repayment of Certain Types of Accommodation. The following provisions shall also apply to the voluntary repayment by the Borrower of the following types of Accommodation:
(i) Subject to Section 6.1(c6.l(c), no repayment of any LIBOR Loan shall be made otherwise than upon the expiration of any applicable LIBOR Interest Period; and
(ii) No repayment of outstanding Accommodation in the form of Bankers’ ' Acceptance shall be made otherwise than upon the expiration or maturity date or, in the case of a Documentary Credit, on the date of surrender thereof to the Documentary Credit Lender.
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Repayment of Certain Types of Accommodation. The following provisions shall also apply to the voluntary repayment by the Borrower of the following types of Accommodation:
(i) Subject to Section 6.1(cSubsection 5.l(c), no repayment of any LIBOR Loan shall be made otherwise than upon the expiration of any applicable LIBOR Interest Period; and
(ii) No repayment of outstanding Accommodation in the form of Bankers’ ' Acceptance shall be made otherwise than upon the expiration or maturity date or, in the case of a Documentary Letter of Credit, on the date of surrender thereof to the Documentary Letter of Credit Lender.
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