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Common use of Repayment of Revolving Credit Advances Clause in Contracts

Repayment of Revolving Credit Advances. (a) Each Borrower shall repay each Revolving Credit Advance made to it in full on its Maturity Date to the Agent for the Lenders, but since the Revolving Credit Facility is available on a revolving basis during the Availability Period amounts repaid may be reborrowed subject to the terms of this Agreement. (b) No Revolving Credit Advance may be outstanding after the Final Maturity Date.

Appears in 4 contracts

Samples: Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co), 5 Year Facility Agreement (Vodafone Group Public LTD Co)

Repayment of Revolving Credit Advances. (a) Each Borrower shall repay each Revolving Credit Advance made to it in full on its Maturity Date to the Agent for the Lenders, but since the Revolving Credit Facility is available on a revolving basis during the Availability Period amounts repaid may be reborrowed subject to the terms of this Agreement. (b) No Revolving Credit Advance may be outstanding after the Final Maturity Date.

Appears in 2 contracts

Samples: Facility Agreement (Vodafone Group Public LTD Co), 3 Year Facility Agreement (Vodafone Group Public LTD Co)