Repayment of NRT Facility Sample Clauses

Repayment of NRT Facility. Section 9.1 of the Credit Agreement is hereby deleted in its entirety and replaced by the following: Date of Repayment Amount of Repayment June 30, 2006 U.S.$2,000,000 September 29, 2006 U.S.$7,575,000 December 29, 2006 U.S.$9,450,000 March 30, 2007 U.S.$9,450,000 June 29, 2007 U.S.$9,450,000 NRT Maturity Date U.S.$9,575,000 On the NRT Maturity Date, the Borrower shall also pay all accrued and unpaid interest thereon and all accrued and unpaid fees with respect thereto.
Sample 1
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Repayment of NRT Facility. Each Borrower shall repay to the Lenders in full the outstanding credit granted to such Borrower under the NRT Facility on the NRT Maturity Date together with all accrued and unpaid interest thereon and all accrued and unpaid fees with respect thereto.
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Repayment of NRT Facility. The credit outstanding under the NRT Facility shall be repaid by the Borrower to the Lenders in consecutive quarterly instalments (on the following instalment dates and in the following amounts) as follows: Instalment Date Amount December 31, 2022 $5,550,000 March 31, 2023 $5,550,000 June 30, 2023 $5,550,000 September 30, 2023 $5,550,000 December 31, 2023 $5,550,000 March 31, 2024 $5,550,000 June 30, 2024 $5,550,000 September 30, 2024 $5,550,000 December 31, 2024 $5,550,000 March 31, 2025 $5,550,000 June 30, 2025 $5,550,000 September 30, 2025 $5,550,000 December 31, 2025 $5,550,000 March 31, 2026 $5,550,000 June 30, 2026 $5,550,000 September 30, 2026 $5,550,000 December 31, 2026 $5,550,000 NRT Maturity Date (x) the remaining principal amount outstanding under the NRT Facility, (y) all accrued and unpaid interest thereon and (z) all accrued and unpaid fees with respect thereto. Amounts which are repaid as aforesaid may not be reborrowed. Credit Agreement - Orla
Sample 1
Repayment of NRT Facility. The NRT Borrower shall repay to the NRT Lenders the full principal amount of credit outstanding under the NRT Facility in quarterly repayments as follows: DATE OF REPAYMENT AMOUNT OF REPAYMENT Each of: 4.545% of the NRT May 18, 2008, Repayment Amount August 18, 2008 November 18, 2008, February 18, 2009, May 18, 2009, August 18, 2009, November 18, 2009, February 18, 2010, May 18, 2010, August 18, 2010, November 18, 2010, February 18, 2011, May 18, 2011, August 18, 2011 and November 18, 2011 NRT Facility Maturity Date 31.825% of the NRT Repayment Amount The NRT Borrower will cause the Eligible Gold Purchasers to deposit proceeds of all gold sales to the Gold Proceeds Account. Notwithstanding the foregoing, the NRT Borrower agrees that its obligations under this agreement are general obligations of the NRT Borrower and that the recourse of the NRT Lenders and the Administrative Agent in respect thereof is not limited to the proceeds of sales of gold by the NRT Borrower to Eligible Gold Purchasers, to the Gold Proceeds Account or to any other property of the Borrower. The NRT Borrower shall also pay to the NRT Lenders on the NRT Facility Maturity Date all accrued and unpaid interest thereon and all unpaid fees with respect thereto.
Sample 1
Repayment of NRT Facility. The credit outstanding under the NRT Facility shall be repaid by the Borrower to the Lenders in consecutive quarterly instalments (on the following instalment dates and in the following amounts) as follows: Instalment Date Amount June 30, 2023 $4,500,000 September 30, 2023 $4,500,000 December 31, 2023 $4,500,000 March 31, 2024 $4,500,000 June 30, 2024 $4,500,000 September 30, 2024 $4,500,000 December 31, 2024 $4,500,000 March 31, 2025 $4,500,000 June 30, 2025 $4,500,000 September 30, 2025 $4,500,000 NRT Maturity Date (x) the remaining principal amount outstanding under the NRT Facility, (y) all accrued and unpaid interest thereon and (z) all accrued and unpaid fees with respect thereto. Amounts which are repaid as aforesaid may not be reborrowed.
Sample 1

Related to Repayment of NRT Facility

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • Prepayment of Notes No prepayment of the Notes may be made except to the extent and in the manner expressly provided in this Agreement.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Repayment of Proceeds If Executive engages in Competitive Activity, then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's Units, over (B) the aggregate Cost of such Units.

  • Repayment of the Loan The Borrower shall repay the outstanding principal amount of the Loan in full on the Maturity Date.

  • Repayment of Borrowings repay the principal of, or pay interest on or any other sum in connection with any of its Borrowed Money except for Borrowed Money pursuant to the Security Documents;

  • 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 Swingline Loans Each Swingline Loan borrowing shall be due and payable on the earlier of (A) the Swingline Maturity Date and (B) three (3) days after demand therefor by the Swingline Lender by written notice to the Borrower and the Administrative Agent. Notwithstanding the foregoing, in the following circumstances, the Swingline Lender shall be deemed to have given demand for repayment of its Swingline Loans by way of a Revolving Loan borrowing and, in such event, the Borrower shall be deemed to have requested a Revolving Loan borrowing comprised entirely of Base Rate Loans in the Dollar Amount of such Swingline Loans one Business Day prior to each of (1) the Maturity Date, (2) the occurrence of any Event of Default described in Section 7.1(e), (3) upon acceleration of the Credit Party Obligations hereunder, whether on account of an Event of Default described in Section 7.1(e) or any other Event of Default and (4) 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 a “Mandatory Borrowing”). Each Lender hereby irrevocably agrees to make such Revolving Loans promptly upon any such deemed request on account of each Mandatory Borrowing in the Dollar Amount and in the manner specified in the preceding sentence and on the same such date notwithstanding (A) the amount of Mandatory Borrowing may not comply with the minimum amount for borrowings of Revolving Loans otherwise required hereunder, (B) whether any conditions specified in Section 4.2 are then satisfied, (C) whether a Default or an Event of Default then exists, (D) 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), (E) the date of such Mandatory Borrowing, or (F) any reduction in the Revolving Committed Amount or termination of the Revolving Commitments immediately prior to such Mandatory Borrowing or contemporaneously therewith. In the event that any Mandatory 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 with respect to the Borrower), then each Lender hereby agrees that it shall forthwith purchase (as of the date the Mandatory 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 participations in the outstanding Swingline Loans as shall be necessary to cause each such 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 (A) 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 is purchased, and (B) at the time any purchase of participations pursuant to this sentence is actually made, the purchasing Lender shall be required to pay to the Swingline Lender interest on the principal amount of such participation purchased for each day from and including the day upon which the Mandatory Borrowing would otherwise have occurred to but excluding the date of payment for such participation, at the rate equal to, if paid within two (2) Business Days of the date of the Mandatory Borrowing, the Federal Funds Effective Rate, and thereafter at a rate equal to the Base Rate.

  • Repayment of Debt If the General Partners unanimously elect, or are required by one or more third parties, to repay or repurchase at the Closing Date (or thereafter in connection with the sale of properties) any indebtedness of Target or any subsidiary of Target, at the Closing Date (or thereafter in connection with the sale of properties), the General Partners shall pay in cash such indebtedness plus any costs, expenses or fees associated with such repayment or repurchase, including without limitation any prepayment fees or penalties, to be repaid, pro rata in accordance with their respective Capital Accounts. For these purposes, “indebtedness” shall be deemed to include the costs of unwinding any interest rate swaps, caps, treasury locks and other derivatives and xxxxxx associated with the indebtedness that is being repaid.

  • Repayment of Revolving Loans The Revolving Loans and all other Liabilities (other than the Term Loan) shall be repaid on the last day of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof.

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