Common use of Repayment of the Facility Clause in Contracts

Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June and 15 December commencing on 15 June 2014. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 2 contracts

Samples: Deed of Amendment and Restatement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

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Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June 31 March and 15 December 30 September commencing on 15 June 201431 March 2022. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 1 contract

Samples: Deed of Amendment and Restatement (Kosmos Energy Ltd.)

Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June 1 October and 15 December 1 April commencing on 15 June 20141 October 2024, with the Final Repayment Date determined in accordance with this clause 9 and/or the Amortisation Schedule. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 1 contract

Samples: Loan Agreement (Kosmos Energy Ltd.)

Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June 31 March and 15 December 30 September commencing on 15 June 201431 March 2018. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

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Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June 31 March and 15 December 30 September commencing on 15 June 201431 March 2024. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 1 contract

Samples: Loan Agreement (Kosmos Energy Ltd.)

Repayment of the Facility. (A) Subject to paragraph (B) below, all Loans outstanding under the Facility will be repaid semi-annually on each successive 15 June 1 October and 15 December 1 April commencing on 15 June 20141 October 2024, with the Final Repayment Date determined in accordance with this Clause 9 and/or the Amortisation Schedule. Repayment Instalments will be sufficient to ensure that the Amortisation Schedule is met. (B) Any repayment made during the Availability Period may be redrawn, but any repayment may not be redrawn after the expiry of the Availability Period.

Appears in 1 contract

Samples: Loan Agreement (Kosmos Energy Ltd.)

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