Common use of Repayments and Prepayments; Application Clause in Contracts

Repayments and Prepayments; Application. The Borrowers shall repay in full the unpaid principal amount of each Revolving Loan on the Revolving Loan Termination Date and each Term Loan on the Term Loan Maturity Date. Prior thereto, payments and prepayments of Loans shall or may be made as set forth below.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)

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Repayments and Prepayments; Application. The Borrowers Borrower shall repay in full the unpaid principal amount of each Revolving Loan on the Revolving Loan Termination Date and each Term Loan on the Term Loan Maturity Date. Prior thereto, payments and prepayments of Loans shall or may be made as set forth below.

Appears in 1 contract

Samples: Credit Agreement (Parametric Sound Corp)

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