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Repayment of each Sample Clauses

Repayment of each. Tranche The Borrowers agree to repay: 5.1.1 Tranche A and Tranche B to the Agent for the account of the Lenders by twenty two (22) consecutive quarterly instalments, the first twelve (1st - 12th) such instalments each in the sum of one million one hundred and seventy one thousand eight hundred and ninety six Dollars ($1,171,896), the following nine (12th – 21st) such instalments each in the sum of eight hundred and twelve thousand five hundred Dollars ($812,500) and the last (22nd) such instalment in the sum of eight hundred and twelve thousand four hundred and ninety eight Dollars ($812,498), the first instalment falling due on the date which is three (3) calendar months after the relevant Drawdown Date in respect of that Tranche and subsequent instalments falling due at consecutive intervals of three (3) calendar months thereafter with the final instalment being payable not later than the Final Maturity Date; and 5.1.2 Tranche C and Tranche D to the Agent for the account of the Lenders by twenty two (22) consecutive quarterly instalments, the first twelve (1st - 12th) such instalments each in the sum of one million two hundred and eighty one thousand forty two Dollars ($1,281,042), the following nine (12th – 21st) such instalments each in the sum of eight hundred and twelve thousand five hundred Dollars ($812,500) and the last (22nd) such instalment in the sum of eight hundred and twelve thousand nine hundred and ninety five Dollars ($812,995), the first instalment falling due on the date which is three (3) calendar months after the relevant Drawdown Date in respect of that Tranche and subsequent instalments falling due at consecutive intervals of three (3) calendar months thereafter with the final instalment being payable not later than the Final Maturity Date.
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Repayment of each. Tranche The Borrowers agree to repay each Tranche to the Agent for the account of the Lenders by consecutive quarterly instalments, each in the sum of five hundred and ten thousand Dollars ($510,000) together with a balloon amount of twenty million four hundred thousand Dollars ($20,400,000) (the "Balloon Amount"). The first such instalment shall fall due on the date which is three calendar months after the Drawdown Date in respect of that Tranche and subsequent instalments falling due at consecutive intervals of three calendar months thereafter. The Balloon Amount for each Tranche shall be payable together with the final instalment for that Tranche, which shall reduce the amount outstanding in respect of that Tranche to nil.
Repayment of each. Utilisation The Borrowers shall repay each Utilisation on the last day of the Interest Period in respect of that Utilisation.
Repayment of eachVessel Loan The Borrowers agree to repay each Vessel Loan to the Agent for the account of the Lenders in one amount on the earlier of (i) the Delivery Date in respect of that Vessel and (ii) the Final Maturity Date applicable to that Vessel.
Repayment of each. Tranche The Borrowers agree to repay each Tranche to the Agent for the account of the Lenders by 20 consecutive quarterly instalments, each in a sum of $287,500 the first instalment of the first Tranche to be drawn down falling due on the date which is the earlier of (a) the date falling three months after the date of this Agreement and (b) 29 February 2016, subsequent instalments falling due at consecutive intervals of three calendar months thereafter and a final payment (the "Balloon") falling due on the Termination Date, which shall reduce the amount outstanding in respect of that Tranche to nil. For the avoidance of doubt, the first Repayment Date of the second Tranche to be drawn down shall fall on the date of the first Repayment Date of the first Tranche to be drawn down, so that the repayment profile and Repayment Dates for each Tranche are synchronised.

Related to Repayment of each

  • Payment and Prepayment of the Notes Section 8.1 Required Payment Section 8.2 Optional Prepayments with Make-Whole Amount Section 8.3 Change in Control

  • Prepayment of the Notes In addition to the payment of the entire unpaid principal amount of the Notes at the final maturity thereof, the Company will make required, and may make optional, prepayments in respect of the Notes as hereinafter provided.

  • Repayment of Funds If AMO declares that an Event of Default has not been cured to its exclusive satisfaction, AMO reserves the right to declare that prior payments of Funds become a debt to Canada which the Recipient will reimburse forthwith on demand to AMO for transmission to Canada.

  • Repayment of Debt Upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Creditors, severally and not jointly, agree to cancel the Debt, up to an aggregate of $124,184.26 as the payment for the Shares at a price of $0.460829 per share. Each Creditor’s Debt Cancellation Amount as set forth on the signature page hereto executed by such Creditor shall be settled for “Delivery Versus Payment” with the Company. The Company shall deliver the Shares to the Creditors as the repayment of Debt within 30 days of this Agreement.

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.

  • Payment of Principal, Premium, if any, and Interest The Company covenants and agrees for the benefit of the Holders of the Securities that it will duly and punctually pay the principal of and any premium and interest (including any Additional Interest) on the Securities in accordance with the terms of the Securities and this Indenture.

  • Payment of the Notes Not later than 10:00 a.m. (New York City time) on each due date of the principal of, premium, if any, and interest on any Notes, the Company shall deposit with the Paying Agent money in immediately available funds sufficient to pay such principal, redemption payments, premium, if any, and interest so becoming due. All the payments must be in U.S. Dollars.

  • Payments of Principal and Interest Prepayments Fees Section 3.01 Repayment of Loans 35 Section 3.02 Interest 35 Section 3.03 Alternate Rate of Interest 36 Section 3.04 Prepayments 37 Section 3.05 Fees 38

  • Prepayment of Notes (a) The Company at its option may, upon ten days' written notice to the Holders, at any time, prepay all or any part of the principal amount of Notes at a redemption price equal to 101% (or, if the Company shall have paid the fee required by Section 6.18(b), 100%) of the principal amount of Notes so prepaid, together with accrued interest through the date of prepayment; provided, 18 that the redemption price shall be 103% of par plus accrued interest if the Notes are refunded (whether at the time of redemption or maturity) with or in anticipation of funds raised by any financing transaction in which DLJSC has not acted as sole agent or underwriter to the Company (unless DLJSC, in its sole discretion, shall have consented thereto). (b) The Company shall, promptly upon the receipt by the Company of the Net Cash Proceeds of any Designated Transaction, prepay an aggregate principal amount of Notes equal to the amount of such Net Cash Proceeds, at a redemption price equal to 101% of the principal amount of the Notes so prepaid, together with accrued interest through the date of prepayment; provided, that the redemption price shall be 103% of par plus accrued interest if the Notes are refunded (whether at the time of redemption or maturity) with or in anticipation of funds raised by any financing transaction in which DLJSC has not acted as sole agent or underwriter to the Company (other than a fully underwritten bank financing pursuant to a signed commitment letter containing only such conditions as are usual and customary in such financings and which does not contain any condition relating to the successful syndication of such transaction); and provided, further, that Notes shall be required to be so prepaid only to the extent that Net Cash Proceeds from all Designated Transactions on and after the date hereof exceed $1,000,000. (c) The Company shall, immediately upon the occurrence of a Change in Control, prepay all Notes then outstanding at a redemption price equal to 103% of the principal amount thereof, together with accrued interest through the date of prepayment. (d) Any prepayment of the Notes pursuant to Section 2.6(a) shall be in a minimum amount of at least $1,000,000 and multiples of $1,000,000, unless less than $1,000,000 of the Notes remains outstanding, in which case all of the Notes must be prepaid. Any prepayment of the Notes pursuant to Section 2.6(b) shall be in a minimum amount which is a multiple of $1,000 times the number of Holders at the time of such prepayment. (e) Any partial prepayment shall be made so that the Notes then held by each Holder shall be prepaid in a principal amount which shall bear the same ratio, as nearly as may be, to the total principal amount being prepaid as the principal amount of such Notes held by such Holder shall bear to the aggregate principal amount of all Notes then outstanding. In the 19 event of a partial prepayment, upon presentation of any Note the Company shall execute and deliver to or on the order of the Holder, at the expense of the Company, a new Note in principal amount equal to the remaining outstanding portion of such Note.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

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