Repayment Upon Termination Date. The Revolving Loan Commitment shall terminate upon the earlier to occur of (i) the Maturity Date and (ii) any date on which Administrative Agent or Required Lenders elect to terminate the Revolving Loan Commitment pursuant to the last paragraph in Section 10 (such earlier date being the “Termination Date”). On the Termination Date, there shall become due, and the Borrowers shall pay, the entire outstanding principal amount of each Revolving Loan, together with accrued and unpaid Obligations pertaining thereto.
Appears in 2 contracts
Samples: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)
Repayment Upon Termination Date. The Revolving Loan Commitment shall terminate upon the earlier to occur of (i) the Maturity Commitment Expiry Date and (ii) any date on which Administrative Agent or Required Lenders elect to terminate the Revolving Loan Commitment pursuant to the last paragraph in Section 10 8.2 (such earlier date being the “Termination Date”). On the Termination Date, there shall become due, and the Borrowers Borrower shall pay, pay the entire outstanding principal amount of each Revolving Loan and of each Swingline Loan, together with accrued and unpaid Obligations pertaining thereto.
Appears in 1 contract
Samples: Credit Agreement (Palace Entertainment Holdings, Inc.)
Repayment Upon Termination Date. The Revolving Loan Commitment shall terminate upon the earlier to occur of (i) the Maturity Date and (ii) any date on which Administrative Agent or Required Lenders elect to terminate the Revolving Loan Commitment pursuant to the last paragraph in Section 10 10.13 (such earlier date being the “Termination Date”). On the Termination Date, there shall become due, and the Borrowers Borrower shall pay, pay the entire outstanding principal amount of of. each Revolving Loan, together with accrued and unpaid Obligations pertaining thereto.
Appears in 1 contract
Samples: Credit Agreement (Radio One, Inc.)