Common use of Repayment of Loans; Evidence of Indebtedness Clause in Contracts

Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan of a particular Class of such Lender on the Revolving Maturity Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment), (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested, (iii) to the Administrative Agent for the account of each FILO Lender the then unpaid principal amount of each FILO Loan of such Lender on the FILO Maturity Date, and (iv) to the Administrative Agent for the account of each Term Lender the then unpaid principal amount of the Term Loans of each applicable Class on the Term Facility Maturity Date for such Class.

Appears in 3 contracts

Samples: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

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Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each the Swing Line Lender, the appropriate Revolving Credit Lender, the appropriate Term B Loan Lender or the appropriate New Term Loan Lender, as the case may be, (i) the then unpaid principal amount of each Revolving Credit 1 Loan of a particular Class of such Revolving Credit Lender on the Revolving Maturity Credit 1 Termination Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment), (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Revolving Credit 2 Loan of such Revolving Credit Lender on the earlier of (A) the Revolving Maturity Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requestedCredit 2 Termination Date, (iiiii) to the Administrative Agent for the account of each FILO Lender the then unpaid principal amount of each FILO Swing Line Loan of the Swing Line Lender on the Revolving Credit 2 Termination Date, (iii) the principal amount of each Term B-1 Loan of such Term B-1 Loan Lender on the FILO Maturity Date, and (iv) in installments according to the Administrative Agent for the account of each Term Lender amortization schedule set forth in Section 2.2 and the then unpaid principal amount of the each Term Loans B-1 Loan of each applicable Class such Term B-1 Loan Lender on the Term Facility Maturity B-1 Loan Termination Date, (iv) the principal amount of each Term B-2 Loan of such Term B-2 Loan Lender in installments according to the amortization schedule set forth in Section 2.2 and the then unpaid principal amount of each Term B-2 Loan of such Term B-2 Loan Lender on the Term B-2 Loan Termination Date for and (v) in the event any Series of New Term Loans are made, subject to Section 2.26(e), the principal amount of each New Term Loan of such ClassNew Term Loan Lender in such Series on the date set forth in the applicable Joinder Agreement and the then unpaid principal amount of each New Term Loan of such Series on the New Term Loan Termination Date of such Series. The Borrower hereby further agrees to pay interest on the unpaid principal amount of the Loans from time to time outstanding from the date hereof until payment in full thereof at the rates per annum, and on the dates, set forth in Section 2.15.

Appears in 2 contracts

Samples: Intercreditor Agreement (Wynn Las Vegas LLC), Credit Agreement (Wynn Resorts LTD)

Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Tranche 1 Term Lender the then unpaid principal amount of the Tranche 1 Term Loan of such Lender as provided in Section 2.10, (ii) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan of a particular Class of such Lender on the Revolving Maturity Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment)Xxxxxxxxx/Xxxxxxx 0 Xxxx Xxxxxxxx Date, (iiiii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Xxxxxxxxx/Xxxxxxx 0 Xxxx Xxxxxxxx Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested, (iii) to the Administrative Agent for the account of each FILO Lender the then unpaid principal amount of each FILO Loan of such Lender on the FILO Maturity Date, and (iv) to the Administrative Agent for the account of each Tranche 2 Term Lender the then unpaid principal amount of the Tranche 2 Term Loans Loan of such Lender as provided in Section 2.10 and (v) to the Administrative Agent for the account of each applicable Class on Tranche 3 Term Lender the then unpaid principal amount of the Tranche 3 Term Facility Maturity Date for Loan of such ClassLender as provided in Section 2.10.

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Tranche 1 Term Lender the then unpaid principal amount of the Tranche 1 Term Loan of such Lender as provided in Section 2.10, (ii) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan of a particular Class of such Lender on the Revolving Maturity Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment)Xxxxxxxxx/Xxxxxxx 0 Xxxx Xxxxxxxx Date, (iiiii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Xxxxxxxxx/Xxxxxxx 0 Xxxx Xxxxxxxx Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested, (iii) to the Administrative Agent for the account of each FILO Lender the then unpaid principal amount of each FILO Loan of such Lender on the FILO Maturity Date, and (iv) to the Administrative Agent for the account of each Tranche 2 Term Lender the then unpaid principal amount of the Tranche 2 Term Loan of such Lender as provided in Section 2.10, (v) to the Administrative Agent for the account of each Tranche 3 Term Lender the then unpaid principal amount of the Tranche 3 Term Loan of such Lender as provided in Section 2.10 and (vi) to the Administrative Agent for the account of each Other Term Lender with Other Term Loans of each any Class the then unpaid principal amount of the Other Term Loans of such Lender of such Class as provided in the applicable Class on the Term Facility Maturity Date for such ClassRefinancing Amendment or Loan Modification Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

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Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each the Swing Line Lender, the appropriate Revolving Credit Lender, the appropriate Term B Loan Lender or the appropriate New Term Loan Lender, as the case may be, (i) the then unpaid principal amount of each Revolving Credit 1 Loan of a particular Class of such Revolving Credit Lender on the Revolving Maturity Credit 1 Termination Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment), (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Revolving Credit 2 Loan of such Revolving Credit Lender on the earlier of (A) the Revolving Maturity Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requestedCredit 2 Termination Date, (iiiii) to the Administrative Agent for the account of each FILO Lender the then unpaid principal amount of each FILO Swing Line Loan of the Swing Line Lender on the Revolving Credit 2 Termination Date, (iii) the principal amount of each Term B Loan of such Term B Loan Lender on the FILO Maturity Date, and (iv) in installments according to the Administrative Agent for the account of each Term Lender amortization schedule set forth in Section 2.2 and the then unpaid principal amount of the each Term Loans B Loan of each applicable Class such Term B Loan Lender on the Term Facility Maturity B Loan Termination Date for and (iv) in the event any Series of New Term Loans are made, subject to Section 2.26(e), the principal amount of each New Term Loan of such ClassNew Term Loan Lender in such Series on the date set forth in the applicable Joinder Agreement and the then unpaid principal amount of each New Term Loan of such Series on the New Term Loan Termination Date of such Series. The Borrower hereby further agrees to pay interest on the unpaid principal amount of the Loans from time to time outstanding from the date hereof until payment in full thereof at the rates per annum, and on the dates, set forth in Section 2.15.

Appears in 1 contract

Samples: Credit Agreement (Wynn Resorts LTD)

Repayment of Loans; Evidence of Indebtedness. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Lender (whether made to the Borrower or the Additional Borrower) (i) unless such Bridge Loan is converted to a Rollover Loan in accordance with subsection 2.01(b), the principal amount of the Bridge Loan of such Lender on the Bridge Loan Maturity Date, (ii) unless such Rollover Loan is exchanged for Exchange Notes in accordance with subsection 2.01(c), the principal amount of the Rollover Loan of such Lender on the Final Maturity Date or (iii) the then unpaid principal amount of each Revolving the Bridge Loan of a particular Class or Rollover Loan of such Lender on the Revolving Maturity Date of such Class of Revolving Loan (it being understood and agreed that, subject to the other terms and conditions hereof, the Borrower may make Borrowings of Revolving Loans under any remaining Revolving Commitments of any other Class to effect such repayment), (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Revolving Maturity Date (applicable to the Class of Revolving Commitments with the Latest Maturity Date held by the Swingline Lender) and (B) the date that is seven days after the date on which such Swingline Loan was made; provided that on each date that a Revolving Borrowing is made, the Loans become due and payable pursuant to Article VII. The Additional Borrower shall repay all Swingline Loans that were outstanding on the date such Borrowing was requested, (iii) hereby unconditionally promises to pay to the Administrative Agent for the account of each FILO Lender (i) unless such Bridge Loan is converted to a Rollover Loan in accordance with subsection 2.01(b), the then unpaid principal amount of each FILO the Bridge Loan of such Lender borrowed by the Additional Borrower on the FILO Bridge Loan Maturity Date, and (ivii) to unless such Rollover Loan is exchanged for Exchange Notes in accordance with subsection 2.01(c), the Administrative Agent for principal amount of the account of each Term Lender Rollover Loan borrowed by the Additional Borrower on the Final Maturity Date or (iii) the then unpaid principal amount of the Term Loans of each applicable Class Bridge Loan or Rollover Loan, as applicable, borrowed by the Additional Borrower on the Term Facility Maturity Date for such Class.date that the Loans become due and payable pursuant to Article VII. The Borrowers hereby further agree to pay interest on the unpaid principal amount of the Loans from time to time outstanding from the date hereof until payment in full thereof at the rates per annum and on the dates set forth in Section 2.13

Appears in 1 contract

Samples: Bridge Loan Agreement (Nasdaq Stock Market Inc)

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