Repayment and Prepayment definition

Repayment and Prepayment. Same as Wilpinjong Term Loan Agreement; provided that PEC may apply a ratable portion (based on the aggregate principal amount of Wilpinjong Notes and aggregate principal amount of the Wilpinjong Term Loans outstanding at the time of prepayment) of mandatory prepayments to the Wilpinjong Term Loans to the extent required under the Wilpinjong Term Loan Agreement. Security: Same as Wilpinjong Term Loan Agreement.

Examples of Repayment and Prepayment in a sentence

  • Clause 8 (Repayment and Prepayment) shall apply in relation to the prepayment.

  • The provisions of Clause 8 (Repayment and Prepayment) shall apply in relation to the prepayment.

  • In respect of an amount due to be repaid under Clause 8 (Repayment and Prepayment) on a particular Repayment Date, an Interest Period shall end on that Repayment Date.

  • The provisions of Clause 8 (Repayment and Prepayment ) shall apply in relation to the prepayment.

  • Repayment and Prepayment: 1) Payable in full on the maturity date.

  • Repayment and Prepayment: 1) Payable in full on the maturity date with no amortization.

  • The provisions of Clause 4 (Repayment and Prepayment) shall apply in relation to the prepayment made hereunder.

  • On the Agent notifying the Borrowers under Clause 23.2 (Notification of illegality), the Notifying ▇▇▇▇▇▇’s Commitment shall terminate; and thereupon or, if later, on the date specified in the Notifying Lender’s notice under Clause 23.1 (Illegality) as the date on which the notified event would become effective the Borrowers shall prepay the Notifying Lender’s Contribution in accordance with Clause 8 (Repayment and Prepayment).

  • On the Agent notifying the Borrower under Clause 23.2 (Notification of illegality), the Notifying Lender’s Commitment shall terminate; and thereupon or, if later, on the date specified in the Notifying Lender’s notice under Clause 23.1 (Illegality) as the date on which the notified event would become effective the Borrower shall prepay the Notifying Lender’s Contribution in accordance with Clause 8 (Repayment and Prepayment).

  • In respect of an amount due to be repaid under Clause 8 (Repayment and Prepayment) on a particular Repayment Date, an Interest Period to which that Repayment Date relates shall end on that Repayment Date.

Related to Repayment and Prepayment

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Optional Prepayment means prepayment prior to the Maturity Date of the Notes at the option of the Company in whole or in part other than a Special Event Prepayment.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.