REPAYMENTS, PREPAYMENTS. INTEREST AND FEES
REPAYMENTS, PREPAYMENTS and Reductions in Revolving Loan Commitments; General Provisions Regarding Payments; Application of Proceeds of
REPAYMENTS, PREPAYMENTS and Reductions in Revolving Loan Commitments; General Provisions Regarding Payments; Application of Proceeds of Collateral and Payments Under Guaranties.................................... 54 2.5
REPAYMENTS, PREPAYMENTS. INTEREST AND FEES 3.1. Repayments and Prepayments; Application.............................................................. 53 3.1.1.
REPAYMENTS, PREPAYMENTS. INTEREST AND FEES 3.1.
REPAYMENTS, PREPAYMENTS. (a) Each Borrower shall repay to the Lenders on the Tranche B Commitment Termination Date the aggregate outstanding principal amount of Loans made to such Borrower.
(b) Each Borrower may, upon notice from such Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay its Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Administrative Agent not later than 11:00 a.m. (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans, and (B) on the date of prepayment of Base Rate Loans; (ii) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof; and (iii) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by a Borrower, the applicable Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.5. Each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Percentages.
REPAYMENTS, PREPAYMENTS and Reductions in Revolving Loan Commitments; General Provisions Regarding Payments; Application of Proceeds of Collateral and Payments Under Subsidiary Guaranty.............................. 51 2.5
REPAYMENTS, PREPAYMENTS and Reductions in Revolving Loan Commitments; General Provisions Regarding Payments; Application of Proceeds of Collateral and Payments Under the Guaranties.. . . . . . . . . . . . . . . . . . . . . . . . . . . 46 2.5
REPAYMENTS, PREPAYMENTS and Reductions in Revolving Loan Commitments; General Provisions Regarding Payments; Application of Proceeds of Collateral and Payments Under Subsidiary Guaranty ...................................................... 42 2.5 Use of Proceeds ................................................................ 50 2.6 Special Provisions Governing Eurodollar Rate Loans ............................. 51 2.7 Increased Costs; Taxes; Capital Adequacy ....................................
REPAYMENTS, PREPAYMENTS. (a) On the last day of the Availability Period, the outstanding amount accrued for each and all of the Advances shall be due and payable in 9 (nine) semi-annual instalments (each, an “Instalment”) beginning on the First Instalment Date and ending on the Applicable Maturity Date, according to the following Schedule 2. Schedule 2
(a) Breakage Costs (if any); (b) interest due and unpaid; (c) to reduce the amount of principal due and unpaid on the next Instalment; and (d) to reduce the amount of principal due and unpaid on subsequent Instalments.
(b) The Exporter shall itself, or shall cause the Paying Agent (for the benefit and on behalf of the Exporter) make all payment due hereunder in US Dollars, in same day funds, on the dates such payments are due, without set-off, counterclaim or deduction, directly to the Bank at its internal account number 30444, via Federal Reserve Bank, ABA Number 000000000, International Trade and Lending Administration with the (Swift Id BBVAUS33), in favour of Banco Bilbao Vizcaya Argentaria, New York Branch under reference VCP.
(c) Repayment of the Advance shall be made by payment of funds to the Collection Account. To that end, the Exporter or the Paying Agent agrees to (i) instruct each Importer to direct all payments of the Purchase Price of the Covered Shipments thereto in connection to the Export Agreements to the Collection Account, but only to the extent that such Purchase Price is sufficient to cover the unpaid Advance Amount, (ii) upon request, but in any case not before 10 (ten) days after the relevant repayment date, provide the Bank with originals or copies of all Shipping Documents related to such Covered Shipments. The Bank shall apply all funds held in the Collection Account towards repayment of the Exporter’s indebtedness hereunder.
(d) The Exporter and the Paying Agent, on behalf of the Exporter, shall make available, when and as due, funds in the Collection Account sufficient to satisfy the payment obligations of the Exporter hereunder and under the Promissory Note on the due dates thereof, notwithstanding any other obligations which the Exporter or the Paying Agent may have to any other Person, repayment of which is intended to be made from funds in such Collection Account.
(e) If the due date of any payment under this Prepayment Agreement or under the Promissory Note would fall on a day which is not a Banking Day, such date shall be extended to the next Banking Day (and interest shall be payable for the Advan...
