Repayment of the Advances. (A) The maturity date for this facility is the Facility Maturity Date (unless earlier terminated in accordance with Section 6.2(B) or upon any voluntary termination of the Facility by the Borrower) and notwithstanding any other provision to the contrary, the outstanding principal balance of the Advances and the other Obligations owing under this Agreement, together with all accrued but unpaid interest thereon, shall be due and payable in full, if not due and payable earlier, on the Facility Maturity Date (unless earlier terminated in accordance with Section 6.2(B) or upon any voluntary termination of the Facility by the Borrower).
(B) On any Business Day, the Borrower may direct the Agent to, and on each Payment Date, the Agent shall, subject to Section 2.7(D), apply all amounts on deposit in the Collection Account (including, (x)(1)(a) Collections deposited therein during the related Collection Period and (b) any amounts due during the related Collection Period but deposited into the Collection Account within ten (10) Business Days after the end of such Collection Period that the Servicer (at its option) has determined (with written notice thereof to the Agent (with a copy to the Borrower and the Back-Up Servicer)) to be treated as if such amounts were on deposit in the Collection Account at the end of such Collection Period, (2) amounts deposited therein from the Liquidity Reserve Account or the Supplemental Reserve Account, in each case, in accordance with Section 8.2, or (3) any amounts deposited therein by the Seller (Solar Loans), the Seller (Solar Assets) or SEC pursuant to the Sale and Contribution Agreement (Solar Loans), the Sale and Contribution Agreement (Solar Assets) or the Guaranty, respectively, or otherwise deposited therein by SEC or any of its Affiliates in its sole discretion in respect of any Collection Period to cure an actual or anticipated shortfall of any amounts required to make payments pursuant to Section 2.7(C) on any date, but (y) excluding Collections deposited therein in the current Collection Period except as necessary to make distributions pursuant to clauses (i)-(v) of this Section 2.7(B) or as otherwise determined by the Servicer pursuant to clause (x)(1)(a) above) (the “Distributable Collections”), to the Obligations in the following order of priority based solely on information contained in (I) with respect to any Payment Date, the Monthly Servicer Report for such related Collection Period or, if no Monthly Servicer Re...
Repayment of the Advances. (a) The outstanding principal balance of the Advances and the other Obligations owing under this Agreement, together with all accrued but unpaid interest thereon, shall be due and payable on the Maturity Date.
(b) On each Monthly Payment Date, except following the occurrence and during the continuation of an Event of Default, the Borrower shall cause the payment in full of all Distributable Amounts to the Administrative Agent for payment to the applicable Person; provided that the Borrower shall pay the Credit Manager Fees directly to the Credit Manager on or prior to each Monthly Payment Date as provided in the Credit Manager Agreement.
(c) On each Monthly Payment Date following the occurrence and during the continuation of an Event of Default, amounts on deposit in the Collection Account, including Collections deposited therein during the related Collection Period shall, at the direction of the Administrative Agent, be disbursed by the Account Bank from the Collection Account and applied on such Monthly Payment Date in the following order of priority:
(i) first, to the Borrower, any Base Servicing Fee inadvertently deposited into the Collection Account by the Borrower;
(ii) second, ratably (a) to the Administrative Agent, all costs, expenses, reimbursements and indemnification amounts owed to the Administrative Agent pursuant to the terms hereof, and (b) to the Credit Manager, the Credit Manager Fees with respect to such Monthly Payment Date and all costs, expenses, reimbursements and indemnification amounts owed to the Credit Manager pursuant to the terms of the Credit Manager Agreement;
(iii) third, to the Administrative Agent, on behalf of the Lenders, the Interest Distribution Amount with respect to such Monthly Payment Date;
(iv) fourth, to the Administrative Agent, on behalf of the Lenders, the payment of the Non-Usage Fee and any Minimum Utilization Fee with respect to such Monthly Payment Date;
(v) fifth, to the Administrative Agent, on behalf of the Lenders, pro rata, based on the Advances held by such Lender, all remaining amounts to be applied to the reduction of such Advances to zero on such date;
(vi) sixth, to the Administrative Agent, on behalf of the applicable party, all amounts that are then due and payable pursuant to Section 2.11;
(vii) seventh, to the Administrative Agent, on behalf of the applicable party, all fees, expenses, indemnitees and other amounts that are due and payable by the Borrower and incurred in connection with this ...
Repayment of the Advances. The Borrower shall repay to the Agent for the ratable account of the Lenders on the Final Maturity Date the aggregate principal amount of the Advances then outstanding.
Repayment of the Advances. (a) The outstanding principal balance of the Advances and the other Obligations owing under this Agreement, together with all accrued but unpaid interest thereon, shall be due and payable on the Maturity Date.
Repayment of the Advances. The U.S. Borrowers shall repay on the Maturity Date the principal amount of the U.S. Term Advance then outstanding in full, together with all interest and other amounts required to be paid with respect thereto pursuant to Sections 2.08(c) and 2.12 in connection with such repayment. Bowater Canada shall repay on the Maturity Date the principal amount of the Canadian Term Advance then outstanding in full, together with all interest and other amounts required to be paid with respect thereto pursuant to Sections 2.08(c) and 2.12 in connection with such repayment.
Repayment of the Advances. Principal of the Advances shall be payable in full on the Revolving Maturity Date. The Borrower may prepay the Advances, in whole or in part, at any time, without premium or penalty. Amounts prepaid on the Advances under this Section may be reborrowed upon the terms and subject to the conditions and limitations of this Agreement.
Repayment of the Advances. The Borrower shall repay the principal amount of all Advances on the Termination Date. Notwithstanding the foregoing, on July 1, 2000, Borrower shall repay any outstanding advances greater than SEVENTEEN MILLION AND 00/100 DOLLARS ($17,000,000.00) and on October 1, 2000, Borrower shall repay any outstanding advances greater than FIFTEEN MILLION AND 00/100 DOLLARS ($15,000,000.00), in each instance as provided in this Agreement.
Repayment of the Advances. (A) Tranche B Advances
Repayment of the Advances. Unless previously repaid or prepaid, each Advance shall be repaid by the Group Borrower at the Final Repayment Amount specified in the Loan Transaction Terms in the Specified Currency on the Final Maturity Date specified in the Loan Transaction Terms.
Repayment of the Advances. The Borrower shall repay the Advances to the Administrative Agent for the ratable account of the Lenders on the Termination Date and in any event, such repayment shall be in an amount equal to the aggregate principal amount of the Advances outstanding on such date.
