Repayment of Revolving Facility Loans. (a) Each Borrower which has drawn a Revolving Facility Loan shall repay that Loan on the last day of its Interest Period.
(b) Without prejudice to each Borrower’s obligation under paragraph (a) above, if one or more Revolving Facility Loans are to be made available to a Borrower:
(i) on the same day that a maturing Revolving Facility Loan is due to be repaid by that Borrower;
(ii) in the same currency as the maturing Revolving Facility Loan (unless it arose as a result of the operation of Section 2.51 (Unavailability of a Currency)); and
(iii) in whole or in part for the purpose of refinancing the maturing Revolving Facility Loan; the aggregate amount of the new Revolving Facility Loans shall be treated as if applied in or towards repayment of the maturing Revolving Facility Loan so that:
(A) if the amount of the maturing Revolving Facility Loan exceeds the aggregate amount of the new Revolving Facility Loans:
(1) the relevant Borrower will only be required to pay an amount in cash in the relevant currency equal to that excess; and
(2) each Lender’s participation (if any) in the new Revolving Facility Loans shall be treated as having been made available and applied by the applicable Borrower in or towards repayment of that Lender’s participation (if any) in the maturing Revolving Facility Loan and that Lender will not be required to make its participation in the new Revolving Facility Loans available in cash; and
(B) if the amount of the maturing Revolving Facility Loan is equal to or less than the aggregate amount of the new Revolving Facility Loans:
(1) the relevant Borrower will not be required to make any payment in cash; and
(2) each Lender will be required to make its participation in the new Revolving Facility Loans available in cash only to the extent that its participation (if any) in the new Revolving Facility Loans exceeds that Lender’s participation (if any) in the maturing Revolving Facility Loan and the remainder of that Lender’s participation in the new Revolving Facility Loans shall be treated as having been made available and applied by the applicable Borrower in or towards repayment of that Lender’s participation in the maturing Revolving Facility Loan.
Repayment of Revolving Facility Loans. (a) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the applicable Revolving Facility Maturity Date.
(b) The Borrower shall notify the Administrative Agent by telephone (confirmed by telecopy) of any prepayment of Loans not later than 2:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business Day before the scheduled date of such repayment and (ii) in the case of a Eurocurrency Borrowing, three Business Days before the scheduled date of such repayment. In the case of prepayments under Section 2.11(a), the Borrowers may in their sole discretion select the Borrowing or Borrowings to be prepaid. Each repayment of a Borrowing (x) in the case of the Revolving Facility, shall be applied to the Revolving Facility Loans included in the repaid Borrowing such that each Revolving Facility Lender receives its ratable share of such repayment (based upon the respective Revolving Facility Credit Exposures of the Revolving Facility Lenders at the time of such repayment) and (y) in all other cases, shall be applied ratably to the Loans included in the repaid Borrowing. Notwithstanding anything to the contrary in the immediately preceding sentence, prior to any repayment of a Swingline Loan hereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 1:00 p.m., Local Time, on the scheduled date of such repayment. Repayments of Loans (other than Swingline Loans and ABR Loans) shall be accompanied by accrued interest on the amount repaid.
Repayment of Revolving Facility Loans. Each Borrower which has drawn a Revolving Facility Loan shall repay that Loan on the last day of its Interest Period.
Repayment of Revolving Facility Loans. (a) Subject to Clause 8.2 (Rollover Loans), each Borrower which has drawn a Revolving Facility Loan shall repay that Loan on the last day of its Interest Period.
(b) At any time when a Lender becomes a Defaulting Lender, the maturity date of each of the participations of that Lender in the Revolving Facility Loans then outstanding will be automatically extended to the Termination Date in relation to the Revolving Facility and will be treated as separate Revolving Facility Loans (the “Separate Loans”) denominated in the currency in which the relevant participations are outstanding.
(c) A Borrower to whom a Separate Loan is outstanding may prepay that Loan by giving three Business Days’ prior notice to the Facility Agent. The Facility Agent will forward a copy of a prepayment notice received in accordance with this paragraph (c) to the Defaulting Lender concerned as soon as practicable on receipt.
(d) Interest in respect of a Separate Loan will accrue for successive Interest Periods selected by the Borrower by the time and date specified by the Facility Agent (acting reasonably) and will be payable by that Borrower to the Defaulting Lender on the last day of each Interest Period of that Loan.
Repayment of Revolving Facility Loans. Prior to any repayment of any Borrowing under any Class hereunder, the Borrower shall select the Borrowing or Borrowings under the applicable Class to be repaid and shall notify the Administrative Agent by electronic transmission of such selection not later than 2:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business Day before the scheduled date of such repayment and (ii) in the case of a Eurocurrency Borrowing, three Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied to the Revolving Facility Loans included in the repaid Borrowing such that each Revolving Facility Lender receives its ratable share of such repayment (based upon the Revolving Facility Credit Exposures of the Revolving Facility Lenders at the time of such repayment). Notwithstanding anything to the contrary in the immediately preceding sentence, prior to any repayment of a Swingline Borrowing hereunder, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by electronic transmission of such selection not later than 1:00 p.m., Local Time, on the scheduled date of such repayment. Repayments of Borrowings shall be accompanied by accrued interest on the amount repaid.
Repayment of Revolving Facility Loans. (a) Each Borrower which has drawn a Revolving Facility Loan shall repay that Loan on the last day of its Interest Period.
(b) Without prejudice to each Borrower’s obligation under paragraph (a) above, if:
(i) one or more Revolving Facility Loans are to be made available to a Borrower:
(A) on the same day that a maturing Loan under the same Facility is due to be repaid by that Borrower; and
(B) in whole or in part for the purpose of refinancing the maturing Revolving Facility Loan; and
(ii) the proportion borne by each Lender’s participation in the maturing Revolving Facility Loan to the amount of that maturing Revolving Facility Loan is the same as the proportion borne by that Lender’s participation in the new Revolving Facility Loan(s) to the aggregate amount of those new Revolving Facility Loan(s), the aggregate amount of the new Revolving Facility Loan(s) shall, unless the relevant Borrower notifies the Agent to the contrary in the relevant Utilisation Request, be treated as if applied in or towards repayment of the maturing Revolving Facility Loan so that:
Repayment of Revolving Facility Loans. (a) Each Borrower which has drawn a Revolving Facility Loan shall repay that Loan on the last day of its Interest Period.
(b) Any Revolving Facility Loan remaining outstanding on the Termination Date applicable to the Revolving Facility shall be repaid on that date.
(c) Each Borrower shall provide full cash cover in respect of each Letter of Credit or Bank Guarantee requested by that Borrower on the Termination Date applicable to the Revolving Facility.
Repayment of Revolving Facility Loans. The Borrower shall repay each Revolving Facility Loan on the relevant Repayment Date.
Repayment of Revolving Facility Loans. (a) To the extent not previously paid, outstanding Revolving Facility Loans shall be due and payable on the Revolving Facility Maturity Date.
Repayment of Revolving Facility Loans. (a) Each Borrower which has drawn a Revolving Loan (other than a Revolving Capex Loan) shall repay that Loan on the last day of its Interest Period.
(b) Any amount of any Revolving Facility Loan still outstanding on the Termination Date for the Revolving Facility shall be repaid on that date.
(c) Subject to the other terms of this Agreement, any amount repaid or prepaid under the Revolving Facility (that is not a Revolving Capex Loan) may be reborrowed.
