Common use of Scheduled Repayment Clause in Contracts

Scheduled Repayment. The Borrower shall repay to the Lender (i) on the one-year anniversary of the Funding Date 50% of the original aggregate principal amount of the Loan (the “One-Year Payment”) and (ii) on the Maturity Date, the aggregate principal amount of all the Loan then outstanding.

Appears in 2 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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Scheduled Repayment. The Borrower shall repay to the Lender Administrative Agent for the account of the Lenders (i) on the one-year anniversary of the Funding Date 50% of the original aggregate principal amount of the Loan (the “One-Year Payment”) Loans and (ii) on the Maturity Date, the aggregate principal amount of all the Loan Loans then outstanding.

Appears in 2 contracts

Samples: Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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Scheduled Repayment. The Borrower shall repay to the Lender (i) on the one-year anniversary of the Funding Date 50% of the original aggregate principal amount of the Loan (the “One-Year Payment”) and (ii) on the Maturity Date, the aggregate principal amount of all the Loan then outstanding.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility (PCT LLC)

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