Common use of Repayments and Prepayments Generally; Application Clause in Contracts

Repayments and Prepayments Generally; Application. (a) There will be no scheduled repayments of principal on the Loans prior to the Maturity Date. On the Maturity Date, the Borrower shall repay the entire remaining outstanding balance of the Loans in full and in cash.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.)

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Repayments and Prepayments Generally; Application. (a) There will be no scheduled repayments of the principal on the Loans prior to the Maturity Date. On the Maturity Date, Date the Borrower shall repay the entire remaining outstanding principal balance of the Loans Loans, together with all accrued and unpaid interest and fees, including all applicable accrued and unpaid (or payable) Early Prepayment Fees and accrued and unpaid interest thereon, as applicable, in full and in cash.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Neuronetics, Inc.)

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Repayments and Prepayments Generally; Application. (a) There will be no scheduled repayments of principal on the Loans prior to the Maturity Date. On the Maturity Date, Date the Borrower shall repay the entire remaining outstanding balance of the Loans in full and in cash.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Adma Biologics, Inc.)

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