Repayment of the Term Loan. The Company shall repay the principal of the amounts drawn under the Term Loan in thirteen (13) equal consecutive six-monthly instalments on the Repayment Dates. The first of such instalments shall be paid on the first Repayment Date following two (2) Years from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
Appears in 2 contracts
Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD), Agreement (Chartered Semiconductor Manufacturing LTD)
Repayment of the Term Loan. The Company company shall repay the principal of the amounts drawn under the Term Loan in thirteen (13) equal 7 consecutive six-monthly instalments on the Repayment Dates. The first of such instalments shall be paid on the first Repayment Date following two (2) Years 1 year from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
Appears in 1 contract
Samples: Maxtor Corp
Repayment of the Term Loan. The Company company shall repay the principal of the amounts drawn under the Term Loan in thirteen seven (137) equal consecutive six-monthly instalments on the Repayment Dates. The first of such instalments shall be paid on the first Repayment Date following two one (21) Years year from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
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Samples: Agreement (Maxtor Corp)
Repayment of the Term Loan. 8.1 The Company shall repay the principal of the amounts drawn under the Term Loan in thirteen seven (137) equal consecutive six-monthly instalments installments on the Repayment Dates. The first of such instalments installments shall be paid on the first Repayment Date following two (2) Years from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
Appears in 1 contract
Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD)
Repayment of the Term Loan. The Company shall repay the principal of the amounts drawn under the Term Loan in thirteen seven (137) equal consecutive six-monthly instalments on the Repayment Dates. The first of such instalments shall be paid on the first Repayment Date following two (2) Years from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
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