Repayment of the Credit. The Borrower shall return the Outstanding Credit by transfer to the Credit Agent’s account through quarterly payments in size and according to the procedure prescribed in 6 ( (Credit repayment schedule).
Repayment of the Credit. 4.1. The Borrower shall fully repay to the Bank its debt under the Credit upon expiry of 162 (one hundred and sixty-two) months after the date of the execution of this Agreement. The first payment under the Credit shall be made upon expiry of 42 (forty-two) months after the date of the execution of this Agreement. Repayment of the principal debt under the Credit shall be made in accordance with the Credit Repayment Schedule attached as Annex No. 3 to this Agreement. The Credit Repayment Schedule may be amended, subject to the consent of the Bank, by executing an additional agreement to supplement this Agreement: • upon service of a written notice on the Bank at least 45 (forty-five) calendar days before the due repayment date specified in the schedule; • subject to the submission by the Borrower to the Bank of an extract from the resolution of the Borrower’s authorized governance body approving the amendment of the Credit Repayment Schedule at least 30 (thirty) business days prior to the due repayment date specified in the schedule.
Repayment of the Credit. 5.1. The credit used by the Borrower shall be repaid through the Current account, in equal monthly installments, each one with maturity and to the amount as specified in the repayment plan – Attachment to the Con- tract. The final term for repayment of the credit shall be specified in the Contract.
Repayment of the Credit a) The Borrower shall repay the sum of FIVE HUNDRED AND FIVE THOUSAND DOLLARS ($505,000.00 CDN) or such portion as is from time to time advanced by the Lender together with any outstanding interest as provided in this agreement to the Lender as follows:
Repayment of the Credit. 4.1. You must repay to us any disbursements made under this Credit Agreement. Your Repayments must be made in the currency of the credit.
Repayment of the Credit. 6.1 You agree to repay the instalments on the agreed due dates by automatic debit of each instalment from their Revolut payment account.
Repayment of the Credit. Advances The Borrower shall be required to repay within sixty (60) days of a written demand by the Lender the amounts in excess of the Minimum Loan Amount and within ninety (90) days of written demand by the Lender for the Minimum Loan Amount, the aggregate outstanding principal balance of the Credit Advances made by the Lender to the Borrower hereunder together with any accrued and unpaid interest, fees and charges, and all other amounts owed to the Lender under this Agreement and the Ancillary Agreements; provided however, Lender hereby agrees that it shall make no such written demand for payment (i) of the Minimum Loan Amount prior to June 1, 2003 (such that payment would be due no earlier than August 1, 2003) and (ii) amounts in excess of the Minimum Loan Amount prior to November 1, 2003 (such that payment would be due no earlier than February 1, 2004), unless (a) arrangements have been made which are reasonably acceptable to Borrower for the refinancing of amounts owing hereunder prior to such time or (b) there is an Event of Default.
Repayment of the Credit. Interest on the outstanding principal balance of the Credit at the rate required in the Credit Note shall be payable by the Borrower to Lender on the first day of each calendar month during Term hereof, and on the date the Credit is paid in full. A late charge of five percent (5%) of payments received more than fifteen (15) days past due will also be payable in accordance with the terms of the Credit Note.
Repayment of the Credit
