Common use of Repayments and Reborrowings Clause in Contracts

Repayments and Reborrowings. The Borrower may repay or prepay a Base Rate Advance and (a) at any time reborrow all or a portion of the principal amount thereof as one or more Base Rate Advances, (b) upon at least two (2) Business Days' irrevocable prior written notice to the Agent, reborrow all or a portion of the principal thereof as one or more Eurodollar Advances, or (c) not reborrow all or any portion of such Base Rate Advance. Upon the date indicated by the Borrower, such Base Rate Advance shall be so repaid and, as applicable, reborrowed.

Appears in 2 contracts

Samples: Credit Agreement (Zenith Electronics Corp), Credit Agreement (Zenith Electronics Corp)

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Repayments and Reborrowings. The Borrower may repay or --------------------------- prepay a Base Rate Advance and (a) at any time reborrow all or a portion of the principal amount thereof as one or more Base Rate Advances, (b) upon at least two (2) Business Days' irrevocable prior written notice to the Agent, reborrow all or a portion of the principal thereof as one or more Eurodollar Advances, or (c) not reborrow all or any portion of such Base Rate Advance. Upon the date indicated by the Borrower, such Base Rate Advance shall be so repaid and, as applicable, reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Repayments and Reborrowings. The Borrower may repay or prepay a Base Rate Advance and (a) at any time reborrow all or a portion of the principal amount thereof as one or more Base Rate Advances, or (b) upon at least two three (23) Business Days' ’ irrevocable prior written notice to the AgentAgent in the form of a Notice of Conversion/Continuation, reborrow all or a portion of the principal thereof as one or more Eurodollar Advances, or (c) not reborrow all or any portion of such Base Rate Advance. Upon the date indicated by the Borrower, such Base Rate Advance shall be so repaid and, as applicable, reborrowed.

Appears in 1 contract

Samples: Credit Agreement (El Pollo Loco, Inc.)

Repayments and Reborrowings. The Borrower may repay or prepay a Base Rate Advance and (a) at any time reborrow all or a portion of the principal amount thereof as one or more Base Rate Advances, (b) upon at least two (2) Business Days' irrevocable prior written notice to the Agent, reborrow all or a portion of the principal thereof as one or more Eurodollar Advances, or (c) not reborrow all or any portion of such Base Rate Advance. Upon the date indicated by the Borrower, such Base Rate Advance shall be so repaid and, as applicable, reborrowed.

Appears in 1 contract

Samples: Credit Agreement (NVR Inc)

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Repayments and Reborrowings. The Borrower may repay or prepay a Base Rate Advance Advance, and (a) at any time reborrow all or a portion of the principal amount thereof as one (1) or more Base Rate Advances, (b) upon at least two three (23) Business Days' Days irrevocable prior written notice to the Agent, reborrow all or a portion of the principal thereof as one (1) or more Eurodollar Advances, or (c) not reborrow all or any portion of such Base Rate Advance. Upon the date indicated by the Borrower, such Base Rate Advance shall be so repaid and, as applicable, reborrowed.

Appears in 1 contract

Samples: Senior Secured Facilities Credit Agreement (Wci Communities Inc)

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