Repayment of Facility D Loans Sample Clauses

Repayment of Facility D Loans. EDC YG shall repay the Facility D Loans in accordance with the repayment schedule otherwise agreed between EDC YG and the Lenders.
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Repayment of Facility D Loans. (a) The Borrower shall repay the aggregate Facility D Loans in instalments by repaying on each Facility D Repayment Date an amount which reduces the outstanding aggregate Facility D Loans by an amount equal to the relevant percentage of all the Facility D Loans borrowed by the Borrower as at the close of business in Singapore on the last day of the Availability Period in relation to Facility D as set out in Part II of Schedule 9 (Repayment Schedule). (b) If, in relation to a Facility D Repayment Date, the aggregate amount of the Facility D Loans made to the Borrower exceeds the Facility D Repayment Instalment to be repaid by the Borrower, the Borrower may, if it gives the Agent not less than five Business Days’ prior notice, select which of those Facility D Loans will be wholly or partially repaid so that the Facility D Repayment Instalment is repaid on the relevant Facility D Repayment Date in full. The Borrower may not make a selection if as a result more than one Facility D Loan will be partially repaid. (c) If the amount of the Facility D Loans outstanding on any Facility D Repayment Date is less than the Facility D Repayment Instalment due on that date, the Borrower shall repay the remaining outstanding Facility D Loans on that date. If on the Facility D Termination Date, any Facility D Loan remains outstanding, the Borrower shall repay it on that date. (d) The Borrower may not reborrow any part of Facility D which is repaid.
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Repayment of Facility D Loans. The Borrowers that have drawn a Facility D Loan shall repay the aggregate Facility D Loans at the times and in the manner agreed between the Parties, provided that no amount in respect of any Facility D Loan shall be outstanding after the Termination Date.
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Repayment of Facility D Loans. Unless sooner accelerated pursuant to the terms of any Facility D Note (and subject to Section 6.9 of this Agreement), the Borrower shall repay each Facility D Loan as follows: (a) In the case of Facility D Loans made for purchases of equipment, other than molds and dies or computer equipment, the principal amount of each such Loan (and the Facility D Note representing the same) shall be payable in equal quarterly payments, for a period of twenty-eight (28) consecutive quarters (except for the first such Loan, which shall be payable in eighteen (18) equal quarterly payments), commencing on the first day of the calendar quarter next following the date of such Facility D Loan or, if such day is not at least thirty (30) days after the making of such Loan, the first day of the subsequent calendar quarter, and continuing on the first day of each calendar quarter thereafter until all principal and accrued interest is paid in full. (b) In the case of Facility D Loans made for purchases of molds and dies, the principal amount of all such Loans outstanding in the aggregate shall never exceed $4,000,000.00, and the principal amount of each such Loan (and the Facility D Note representing the same) shall be payable in equal quarterly payments, for a period of nine (9) consecutive quarters, commencing on the first day of the calendar quarter next following the date of such Facility D Loan or, if such day is not at least thirty (30) days after the making of such Loan, the first day of the subsequent calendar quarter, and continuing on the first day of each calendar quarter thereafter until all principal and accrued interest is paid in full. (c) In the case of Facility D Loans made for purchases of computer equipment (including hardware and software), all such Loans in the aggregate principal amount outstanding shall not exceed $500,000.00, and the principal amount of each such Loan (and the Facility D Note representing the same) shall be payable in equal quarterly payments, for a period of twelve (12) consecutive quarters, commencing on the first day of the calendar quarter next following the date of such Facility D Loan or, if such day is not at least thirty (30) days after the making of such Loan, the first day of the subsequent calendar quarter and continuing on the first day of each calendar quarter until all principal and accrued interest is paid in full.
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Repayment of Facility D Loans. (a) Each Borrower which has drawn a Facility D Loan shall repay that Loan on the Facility D Repayment Date. (b) No Borrower may reborrow any part of Facility D which is repaid.
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Repayment of Facility D Loans. 6.1.1 The US Borrower shall repay any Facility D Loan made to it in instalments by repaying on each Facility D Repayment Date the amount set out opposite each Facility D Repayment Date below: 12 October 2009 50,000,000 12 January 2010 50,000,000 12 April 2010 50,000,000 12 July 2010 50,000,000 12 October 2010 50,000,000 12 January 2011 50,000,000 12 April 2011 50,000,000 12 July 2011 50,000,000 12 October 2011 50,000,000 12 January 2012 50,000,000 12 April 2012 50,000,000 12 July 2012 50,000,000 12 October 2012 50,000,000 14 January 2013* 50,000,000 * 12 April 2013* 50,000,000 * 12 July 2013* 50,000,000 * 14 October 2013* 50,000,000 * 10 January 2014** 50,000,000 ** 14 April 2014** 50,000,000 ** 14 July 2014** 25,000,000 ** 10 October 2014** 25,000,000 ** Repayment Instalments marked with a * are subject to consent to a First Anniversary Request (as defined in and in accordance with Clause 6.3 (Extension of Termination Date). Repayment Instalments marked with a ** are subject to consent to a Second Anniversary Request (as defined in and in accordance with Clause 6.3 (Extension of Termination Date). 6.1.2 The US Borrower shall repay any other amounts outstanding under Facility D on the Termination Date. 6.1.3 If, in relation to any Facility D Repayment Date, the aggregate amount of the Facility D Loans made to the US Borrower exceeds the Repayment Instalment to be repaid by the US Borrower, the US Borrower may, if it gives the Agent not less than five Business Days’ prior notice, select which of those Facility D Loans will be wholly or partially repaid so that the Repayment Instalment is repaid on the relevant Facility D Repayment Date in full. The US Borrower may not make a selection if as a result more than one Facility D Loan will be partially repaid. 6.1.4 If the US Borrower fails to deliver a notice to the Agent in accordance with paragraph 6.1.3 above, the Agent shall select the Facility D Loans to be wholly or partially repaid. 6.1.5 The US Borrower may not reborrow any part of Facility D which is repaid.
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Repayment of Facility D Loans. (a) The Borrower shall repay each Facility D Loan on the last day of its Interest Period. (b) Any Facility D Loan remaining outstanding on the Termination Date shall be repaid on that date.
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Related to Repayment of Facility D Loans

  • Repayment of Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Revolving Loans outstanding on such date.

  • Repayment of Swingline Loans Each Swingline Loan borrowing shall be due and payable on the Maturity Date. The Swingline Lender may, at any time, in its sole discretion, by written notice to the Borrower and the Administrative Agent, demand repayment of its Swingline Loans by way of a Revolving Loan borrowing, in which case the Borrower shall be deemed to have requested a Revolving Loan borrowing comprised entirely of Alternate Base Rate Loans in the amount of such Swingline Loans; provided, however, that, in the following circumstances, any such demand shall also be deemed to have been given one Business Day prior to each of (A) the Maturity Date, (B) the occurrence of any Bankruptcy Event, (C) upon acceleration of the Credit Party Obligations hereunder, whether on account of a Bankruptcy Event or any other Event of Default, and (D) the exercise of remedies in accordance with the provisions of Section 7.2 hereof (each such Revolving Loan borrowing made on account of any such deemed request therefor as provided herein being hereinafter referred to as “Mandatory Swingline Borrowing”). Each Revolving Lender hereby irrevocably agrees to make such Revolving Loans promptly upon any such request or deemed request on account of each Mandatory Swingline Borrowing in the amount and in the manner specified in the preceding sentence on the date such notice is received by the Revolving Lenders from the Administrative Agent if such notice is received at or before 2:00 P.M., otherwise such payment shall be made at or before 12:00 P.M. on the Business Day next succeeding the date such notice is received notwithstanding (1) the amount of Mandatory Swingline Borrowing may not comply with the minimum amount for borrowings of Revolving Loans otherwise required hereunder, (2) whether any conditions specified in Section 4.2 are then satisfied, (3) whether a Default or an Event of Default then exists, (4) failure of any such request or deemed request for Revolving Loans to be made by the time otherwise required in Section 2.1(b)(i), (5) the date of such Mandatory Swingline Borrowing, or (6) any reduction in the Revolving Committed Amount or termination of the Revolving Commitments immediately prior to such Mandatory Swingline Borrowing or contemporaneously therewith. In the event that any Mandatory Swingline Borrowing cannot for any reason be made on the date otherwise required above (including, without limitation, as a result of the commencement of a proceeding under the Bankruptcy Code), then each Revolving Lender hereby agrees that it shall forthwith purchase (as of the date the Mandatory Swingline Borrowing would otherwise have occurred, but adjusted for any payments received from the Borrower on or after such date and prior to such purchase) from the Swingline Lender such Participation Interest in the outstanding Swingline Loans as shall be necessary to cause each such Revolving Lender to share in such Swingline Loans ratably based upon its respective Commitment Percentage (determined before giving effect to any termination of the Commitments pursuant to Section 7.2); provided that (x) all interest payable on the Swingline Loans shall be for the account of the Swingline Lender until the date as of which the respective Participation Interest is purchased, and (y) at the time any purchase of a Participation Interest pursuant to this sentence is actually made, the purchasing Revolving Lender shall be required to pay to the Swingline Lender interest on the principal amount of such Participation Interest purchased for each day from and including the day upon which the Mandatory Swingline Borrowing would otherwise have occurred to but excluding the date of payment for such Participation Interest, at the rate equal to, if paid within two (2) Business Days of the date of the Mandatory Swingline Borrowing, the Federal Funds Effective Rate, and thereafter at a rate equal to the Alternate Base Rate. The Borrower shall have the right to repay the Swingline Loan in whole or in part from time to time; provided, however; that each partial repayment of a Swingline Loan shall be in a minimum principal amount of $100,000 and integral multiples of $100,000 in excess thereof (or the remaining outstanding principal amount).

  • Repayment of Revolver Loans Revolver Loans shall be due and payable in full on the Revolver Termination Date, unless payment is sooner required hereunder. Revolver Loans may be prepaid from time to time, without penalty or premium. If any Asset Disposition includes the disposition of Accounts or Inventory, then Net Proceeds equal to the greater of (a) the net book value of such Accounts and Inventory, or (b) the reduction in the Borrowing Base upon giving effect to such disposition, shall be applied to the Revolver Loans. Notwithstanding anything herein to the contrary, if an Overadvance exists, Borrowers shall, on the sooner of Agent’s demand or the first Business Day after any Borrower has knowledge thereof, repay the outstanding Revolver Loans in an amount sufficient to reduce the principal balance of Revolver Loans to the Borrowing Base.

  • Repayment of Revolving Credit Loans The Borrower shall repay the Revolving Credit Loans together with all outstanding interest thereon on the Expiration Date.

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Revolver Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding.

  • Repayment of Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Loans outstanding on such date.

  • Repayment of the Loans The Companies (a) may prepay the Obligations from time to time in accordance with the terms and provisions of the Notes (and Section 17 hereof if such prepayment is due to a termination of this Agreement); (b) shall repay on the expiration of the Term (i) the then aggregate outstanding principal balance of the Loans together with accrued and unpaid interest, fees and charges and; (ii) all other amounts owed Laurus under this Agreement and the Ancillary Agreements; and (c) subject to Section 2(a)(ii), shall repay on any day on which the then aggregate outstanding principal balance of the Loans are in excess of the Formula Amount at such time, Loans in an amount equal to such excess. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

  • Repayment of Swing Line Loans The Borrower shall pay each Swing Line Loan in full on the date selected by the Administrative Agent. In addition, the Swing Line Lender may at any time in its sole discretion with respect to any outstanding Swing Line Loan require each Lender to fund the participation acquired by such Lender pursuant to Section 2.21(c) or require each Lender (including the Swing Line Lender) to make a Revolving Loan in the amount of such Lender’s Revolving Percentage of such Swing Line Loan (including, without limitation, any interest accrued and unpaid thereon) for the purpose of repaying such Swing Line Loan. Not later than noon (Minneapolis time) on the date of any notice received pursuant to this Section, each Lender shall make available its required Revolving Loan, in funds immediately available to the Administrative Agent at its address specified pursuant to Article XIII. Revolving Loans made pursuant to this Section shall initially be Base Rate Loans and thereafter may be continued as Base Rate Loans or converted into Eurocurrency Loans in the manner provided in Section 2.7 and subject to the other conditions and limitations set forth in this Article II. Unless a Lender notifies the Swing Line Lender, prior to its making any Swing Line Loan, that any applicable condition precedent set forth in Section 4.1 or 4.2 has not been satisfied, such Lender’s obligation to make Revolving Loans pursuant to this Section to repay Swing Line Loans or to fund the participation acquired pursuant to Section 2.21(c) shall be unconditional, continuing, irrevocable and absolute and shall not be affected by any circumstances, including, without limitation, (a) any set-off, counterclaim, recoupment, defense or other right that such Lender may have against the Borrower, the Administrative Agent, the Swing Line Lender or any other Person, (b) the occurrence or continuance of a Default or Event of Default, (c) any adverse change in the condition (financial or otherwise) of the Borrower, or (d) any other circumstances, happening or event whatsoever. In the event that any Lender fails to make payment to the Administrative Agent of any amount due under this Section, interest shall accrue thereon at the Federal Funds Effective Rate for each day during the period commencing on the date of demand and ending on the date such amount is received, and the Administrative Agent shall be entitled to receive, retain and apply against such obligation the principal and interest otherwise payable to such Lender hereunder until the Administrative Agent receives such payment from such Lender or such obligation is otherwise fully satisfied. On the Facility Termination Date, the Borrower shall repay in full the outstanding principal balance of the Swing Line Loans.

  • Repayment of Loans; Evidence of Debt (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans then outstanding. (b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. (c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. (d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of this Section shall be prima facie evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement. (e) Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to such Lender and its registered assigns) and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and its registered assigns).

  • Term Advances The Borrower shall pay to the Administrative Agent for the ratable benefit of each Term Lender the aggregate outstanding principal amount of the Term Advances in quarterly installments each equal to $412,500 (which is equal to five percent (5%) of $8,250,000). Such quarterly installments shall be due and payable on each March 31st, June 30th, September 30th, and December 31st, commencing with December 31, 2012, and a final installment of the remaining, unpaid principal balance of the Term Advances payable on the Term Maturity Date.

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