Common use of Term and Repayment Clause in Contracts

Term and Repayment. (a) The Credit shall be repaid in full and cancelled on or before the Maturity Date. If no Default has occurred and is continuing, the Borrowers may request that the Maturity Date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 3 contracts

Samples: Assignment and Assumption (HudBay Minerals Inc.), Credit Agreement (HudBay Minerals Inc.), Credit Agreement (HudBay Minerals Inc.)

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Term and Repayment. (a1) The Credit shall be repaid in full and cancelled on or before the Maturity Date22 February 2016. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date maturity date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 2 contracts

Samples: Credit Agreement (Iamgold Corp), Credit Agreement (Iamgold Corp)

Term and Repayment. (a1) The Credit shall be repaid in full and cancelled on or before the Maturity Date24 March 2013. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date maturity date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 1 contract

Samples: Credit Agreement (Iamgold Corp)

Term and Repayment. (a) The Credit shall be repaid in full and cancelled on or before the Maturity Date. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 1 contract

Samples: Credit Agreement (Maverix Metals Inc.)

Term and Repayment. (a) The Credit shall be repaid in full and cancelled on or before the Maturity Date. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4. All payments hereunder (and if and when a demand for payment is made thereunder, the Notes) shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances.

Appears in 1 contract

Samples: Credit Agreement (HudBay Minerals Inc.)

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Term and Repayment. (a) The Subject to the earlier repayment or termination in accordance with this Agreement, the Credit shall be repaid in full and cancelled on or before the Maturity Date. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 1 contract

Samples: Credit Agreement (Vox Royalty Corp.)

Term and Repayment. (a1) The Revolving Credit shall be repaid in full and cancelled on or before the Maturity Date8 May 2014. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date maturity date be extended by successive periods of up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 1 contract

Samples: sec.report

Term and Repayment. (a) The Credit shall be repaid in full and cancelled on or before the Maturity Date. If no Default has occurred and is continuing, the Borrowers Borrower may request that the Maturity Date be extended by up to one year on each request in accordance with the procedures specified in this Section 2.4.

Appears in 1 contract

Samples: Credit Agreement (Maverix Metals Inc.)

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