Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (A) seven (7) Business Days after the date of the making of such Swing Loan, (B) the date of the next borrowing under the Commitments that is not a Swing Loan, and (C) the Revolving Loan Maturity Date. Except as otherwise provided in Section 3.1(b), Swing Loans shall bear interest at the Swing Loan Rate.
Repayment and Interest. All sums advanced under the Loan shall be evidenced by the Note and shall be repaid with interest in accordance with the provisions of the Note.
Repayment and Interest. The Borrower agrees to repay the loan as specified under under schedule II (a) of this agreement and to pay interest at the rate on the rests specified under schedule II (b) of this agreement, with the rests mentioned therein. The Borrower further agrees as follows:
Repayment and Interest. 6.1 The Lender may in its sole discretion:
Repayment and Interest. All sums advanced under the Loan shall be evidenced by the Note and shall be repaid with interest in accordance with the Note and any attachments thereto, payable in accordance with the schedule listed on Exhibit E to this Agreement, as such Exhibit E may be amended and supplemented from time to time hereafter.
Repayment and Interest. A. The JPA shall repay C/CAG the Loan Amount (or the portion of the Loan Amount provided by C/CAG to the JPA), plus accrued interest as described in this Section 2 (together, “Loan Balance”), with toll revenues from the Project. The JPA may elect to defer repayment until the Project begins operations and receives toll revenue, currently estimated to commence in 2022. The Loan Balance and accrued interest will be repaid on a monthly basis and no later than five years after the Project begins operations and receives toll revenue unless otherwise agreed by the Parties.
Repayment and Interest. 5.1 The Loan shall be repaid by the Borrower by way of Instalments on the Due Dates and in the amounts stipulated in the Sanction Letter, if a Due Date falls on a non-business day, in which banks are not open for business in United Arab Emirates, the Instalment shall be repayable on the immediate preceding business day.
Repayment and Interest. The Landlord shall repay the Advances to the Tenant as set forth in this Amendment. Interest shall accrue on each Advance at the rate of nine percent (9%) per annum from the date of the Advance until repaid. For purposes of simplicity, provided all Advances are advanced on the Advance Dates described above, Landlord and Tenant agree that no interest shall accrue on the Advances until October 1, 2001, at which time interest shall commence to accrue on the full $2,000,000 of the Advances. If the Advances are not all made on such Advance Dates the interest shall be calculated from the actual date of the Advance. The total amount of the Advances made by the Tenant plus the interest accrued thereon from time to time, less the amount of any repayments thereof actually received by the Tenant in accordance with this Amendment and less the amount of any rent offsets actually realized by the Tenant as herein permitted are herein referred to as the "Outstanding Advances."
Repayment and Interest. (a) Interest on the unpaid principal amount of each advance shall accrue from the date of the advance until repaid in full at the fixed rate of three percent per annum, for the actual number of days elapsed.
Repayment and Interest. A. The Pledgor/s agrees that the aforesaid cash credit facility is granted for a period of 12 months from this date and the Pledgor/s is liable to make payment of entire dues to the Bank immediately thereafter unless the cash credit facility is renewed by making payment of interest and other charges including fresh appraisal charges and also providing sufficient margin as stipulated by the Bank. Nevertheless, the Pledgor/s also agrees that the cash credit limit recoverable as stated above is at Bank‟s sole and absolute discretion and on such renewal of limit, all terms and conditions of this instrument of pledge and other loan documents executed by the Pledgor/s on this day shall apply to such renewed limit also. Notwithstanding what is stated above, the Pledgor/s hereby agrees that the entire amount under cash credit facility shall become due forthwith and payable on demand by the Bank.
