Common use of Repayment of Tranche A Advances Clause in Contracts

Repayment of Tranche A Advances. (a) Each Borrower shall repay each Tranche A Advance made to it in full on its Maturity Date to the Agent for the relevant Bank but since Tranche A is available on a revolving basis amounts repaid may be reborrowed subject to the terms of this Agreement. Subject to paragraph (b) below, no Tranche A Advance may be outstanding after the Tranche A Term Date.

Appears in 6 contracts

Samples: Agreement (Gec Acquisition Corp), Agreement (Gec Acquisition Corp), Agreement (Gec Acquisition Corp)

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Repayment of Tranche A Advances. (a) Each Borrower shall repay each Tranche A Advance made to it in full on its Maturity Date to the Agent for the relevant Bank but Lenders, but, since Tranche A A, other than the Term-out Advance, is available on a revolving basis basis, amounts repaid may be reborrowed subject to the terms of this Agreement. Subject to paragraph (b) below, no Tranche A Advance may be outstanding after the Tranche A Term Date.

Appears in 1 contract

Samples: Conformed Copy (Reuters Group PLC /Adr/)

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Repayment of Tranche A Advances. (a) Each Borrower The Company shall repay each Tranche A Advance made to it in full on its Maturity Date to the Agent for the relevant Bank but Banks, but, since Tranche A is available on a revolving basis basis, amounts repaid may be reborrowed subject to the terms of this Agreement. Subject to paragraph (b) below, no Tranche A Advance may be outstanding after the Tranche A Term Date.

Appears in 1 contract

Samples: Agreement (Powergen PLC)

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