Terms of All Prepayments. The Borrower shall make prepayments of Loans and all reductions and cancellations of Commitments in accordance with the terms of Article 3 (Repayment, Prepayment and Cancellation) of the Common Terms Agreement and subject to the following terms and the terms of Section 4.11 (Voluntary Prepayments) and Section 4.12 (Mandatory Prepayment): (a) upon the prepayment of any Loans (whether a voluntary prepayment, a mandatory prepayment or a prepayment upon acceleration or otherwise), the Borrower shall satisfy all applicable provisions under this Agreement; and (b) together with any prepayment of Loans, the Borrower shall pay to the Credit Facility Agent, for the account of the applicable Lenders which made any Loan being prepaid, the sum of the following amounts: (i) the principal of, and accrued but unpaid interest on, the Loans to be prepaid; (ii) any additional amounts required to be paid under Section 5.05 (Funding Losses), which payment shall be made within the time period after the applicable prepayment as is permitted under the Common Terms Agreement; and (iii) any other Loan Obligations required to be paid to the respective Lenders in connection with any prepayment under the Finance Documents.
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Samples: Credit Facility Agreement (Venture Global, Inc.), Credit Facility Agreement (Venture Global, Inc.), Credit Facility Agreement (Venture Global, Inc.)
Terms of All Prepayments. The Borrower shall make prepayments of Term Loans and all reductions and cancellations of Term Loan Facility Debt Commitments in accordance with the terms of Article 3 (RepaymentRepayments, Prepayment Prepayments, Interest and CancellationFees) of the Common Terms Agreement and subject to the following terms and the terms of Section 4.11 (Voluntary Prepayments) and Section 4.12 (Mandatory Prepayment):terms:
(a) upon the prepayment of any Term Loans (whether a voluntary prepayment, a mandatory prepayment or a prepayment upon acceleration or otherwise), the Borrower shall satisfy all applicable provisions under this Agreement; and
(b) together with any prepayment of Term Loans, the Borrower shall pay to the Credit Term Loan Facility Agent, for the account of the applicable Term Lenders which made any Term Loan being prepaid, the sum of the following amounts:
(i) the principal of, and accrued but unpaid interest on, the Term Loans to be prepaid;
(ii) any additional amounts required to be paid under Section 5.05 4.05 (Funding LossesBreakage), which payment shall be made within the time period after the applicable prepayment as is permitted under the Common Terms Agreement; and
(iii) any other Term Loan Obligations required to be paid to the respective Term Lenders in connection with any prepayment under the Finance Documents. Amounts prepaid pursuant to Section 3.09 (Voluntary Prepayment) and Section 3.10 (Mandatory Prepayment) shall not be reborrowed.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (Cheniere Energy, Inc.), Term Loan Facility Agreement (Cheniere Corpus Christi Holdings, LLC)
Terms of All Prepayments. The Borrower shall make prepayments of Term Loans and all reductions and cancellations of Term Loan Facility Debt Commitments in accordance with the terms of Article 3 (Repayment, Prepayment and Cancellation) of the Common Terms Agreement and subject to the following terms and the terms of Section 4.11 (Voluntary Prepayments) and Section 4.12 (Mandatory Prepayment):terms:
(a) upon the prepayment of any Term Loans (whether a voluntary prepayment, a mandatory prepayment or a prepayment upon acceleration or otherwise), the Borrower shall satisfy all applicable provisions under this Agreement; and
(b) together with any prepayment of Term Loans, the Borrower shall pay to the Credit Term Loan Facility Agent, for the account of the applicable Term Lenders which made any Term Loan being prepaid, the sum of the following amounts:
(i) the principal of, and accrued but unpaid interest on, the Term Loans to be prepaid;
(ii) any additional amounts required to be paid under Section 5.05 4.05 (Funding Losses), which payment shall be made within the time period after the applicable prepayment as is permitted under the Common Terms Agreement; and
(iii) any other Term Loan Obligations required to be paid to the respective Term Lenders in connection with any prepayment under the Finance Documents. Amounts prepaid pursuant to Section 3.09 (Voluntary Prepayment) and Section 3.10 (Mandatory Prepayment) shall not be reborrowed.
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Terms of All Prepayments. The Borrower shall make prepayments of Term Loans and all reductions and cancellations of Term Loan Facility Debt Commitments in accordance with the terms of Article 3 (Repayment, Prepayment and Cancellation) of the Common Terms Agreement and subject to the following terms and the terms of Section 4.11 (Voluntary Prepayments) and Section 4.12 (Mandatory Prepayment):terms:
(a) upon the prepayment of any Term Loans (whether a voluntary prepayment, a mandatory prepayment or a prepayment upon acceleration or otherwise), the Borrower shall satisfy all applicable provisions under this Agreement; and
(b) together with any prepayment of Term Loans, the Borrower shall pay to the Credit Term Loan Facility Agent, for the account of the applicable Term Lenders which made any Term Loan being prepaid, the sum of the following amounts:
(i) the principal of, and accrued but unpaid interest on, the Term Loans to be prepaid;
(ii) any additional amounts required to be paid under Section 5.05 4.05 (Funding Losses), which payment shall be made within the time period after the applicable prepayment as is permitted under the Common Terms Agreement; and
(iii) any other Term Loan Obligations required to be paid to the respective Term Lenders in connection with any prepayment under the Finance Documents. Amounts prepaid pursuant to Section 3.09 (Voluntary Prepayment) and Section 3.10 (Mandatory Prepayment) shall not be reborrowed.
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