Borrowings and Repayments Sample Clauses

Borrowings and Repayments. Total borrowings under our credit facilities and commercial paper program for the years ended December 31, 2020, 2019 and 2018 were approximately $29.3 billion, $13.3 billion and $45.4 billion, respectively. Total repayments under our credit facilities and commercial paper program were approximately $29.0 billion, $12.9 billion and $46.3 billion for the years ended December 31, 2020, 2019 and 2018, respectively. The variance in total gross borrowings and repayments is impacted by various business and financial factors including, but not limited to, the timing, average term and method of general partnership borrowing activities.
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Borrowings and Repayments. Total borrowings under the credit agreements and the PAA commercial paper program for the years ended December 31, 2017, 2016 and 2015 were approximately $60.8 billion, $60.4 billion and $62.3 billion, respectively. Total repayments under the credit agreements and the PAA commercial paper program were approximately $61.5 billion, $61.0 billion and $61.4 billion for the years ended December 31, 2017, 2016 and 2015, respectively. The variance in total gross borrowings and repayments is impacted by various business and financial factors including, but not limited to, the timing, average term and method of general partnership borrowing activities.
Sample 1
Borrowings and Repayments. Within the limits of each Lender's Commitment in effect from time to time, each Borrower may borrow under this Section 2.01, prepay pursuant to Section 2.07, repay and reborrow the Revolving Credit Loans. The borrowing of Loans may be denominated in Dollars or Sterling or both such types of Loans, all as more particularly described herein. The currency and amount of each Loan shall be specified by the Borrower in the notice relating thereto. (f)
Sample 1
Borrowings and Repayments. Within the limits described ------------------------- in Sections 2.01(a) and (b), the Borrowers may borrow under Section 2.01 and/or obtain the issuance of Letters of Credit under Section 2.18, prepay pursuant to Section 2.10 and, with respect to Revolving Credit Borrowings, on or prior to the Revolving Credit Commitment Termination Date, reborrow under Section 2.01.
Sample 1
Borrowings and Repayments. 15 7.2. Pari Passu.....................................................15 7.3.
Sample 1
Borrowings and Repayments. All borrowings hereunder shall be made simultaneously with borrowings made under the Other Contracts, and each borrowing hereunder shall be in a percentage of the Commitment equal to the percentage each simultaneous borrowing of loans under each Other Contract bears to the commitment under each such Other Contract; provided that the foregoing shall only apply to borrowings under the Huaxi Support Contract to the extent that the aggregate principal amount of Loans made under this Contract and loans made under the CNAC Support Contract exceeds U.S.$17,880,000. All repayments or prepayments of Loans (including principal, interest and other amounts) hereunder shall be made simultaneously with prepayments or repayments under the Other Contracts, and any such repayment or prepayment under this Contract shall be in a percentage of Loans outstanding equal to the percentage each simultaneous repayment or prepayment of loans under each Other Contract bears to the loans outstanding under each such Other Contract, in each case using the Dollar/RMB exchange rate, if applicable, provided herein and in the Other Contracts.
Sample 1
Borrowings and Repayments. The U.S. Borrower and the Canadian ------------------------- Borrower, as applicable, shall have made such repayments and reborrowings of U.S. Revolving Credit Loans and Canadian Revolving Credit Loans such that, after giving effect thereto, the outstanding principal amount of U.S. Revolving Credit Loans and Canadian Revolving Credit Loans owing to the Lenders shall be proportionate to the relevant Commitments of the Lenders.
Sample 1
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Borrowings and Repayments. The borrowing and repayment of any Incremental Revolving Credit Loans with respect to the Incremental Revolving Credit Commitments, and any termination of the Incremental Revolving Credit Commitments, after the Incremental Facility Closing Date shall be made on a pro rata basis with all other Revolving Credit Loans and Revolving Credit Commitments from and after the Incremental Facility Closing Date.
Sample 1

Related to Borrowings and Repayments

  • Borrowing and Repayment Borrower may from time to time during the term of the Line of Credit borrow, partially or wholly repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions contained herein or in the Line of Credit Note; provided however, that the total outstanding borrowings under the Line of Credit shall not at any time exceed the maximum principal amount available thereunder, as set forth above.

  • Repayment of Borrowings repay the principal of, or pay interest on or any other sum in connection with any of its Borrowed Money except for Borrowed Money pursuant to the Security Documents;

  • Borrowings to Repay Swing Loans PNC may, at its option, exercisable at any time for any reason whatsoever, demand repayment of the Swing Loans, and each Lender shall make a Revolving Credit Loan in an amount equal to such Lender’s Ratable Share of the aggregate principal amount of the outstanding Swing Loans, plus, if PNC so requests, accrued interest thereon, provided that no Lender shall be obligated in any event to make Revolving Credit Loans in excess of its Revolving Credit Commitment minus its Ratable Share of Letter of Credit Obligations. Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with Section 2.5.1 [Revolving Credit Loan Requests] without regard to any of the requirements of that provision. PNC shall provide notice to the Lenders (which may be telephonic or written notice by letter, facsimile or telex) that such Revolving Credit Loans are to be made under this Section 2.6.5 and of the apportionment among the Lenders, and the Lenders shall be unconditionally obligated to fund such Revolving Credit Loans (whether or not the conditions specified in Section 2.5.1 [Revolving Credit Loan Requests] are then satisfied) by the time PNC so requests, which shall not be earlier than 3:00 p.m. on the Business Day next after the date the Lenders receive such notice from PNC.

  • Interest and Repayment The Borrower shall repay, and shall pay interest on, the aggregate unpaid principal amount of the Loan in accordance with the Note, evidencing the indebtedness resulting from such Loan and delivered to the Lender pursuant to Article II.

  • Repayment of Term Borrowings (a) The Borrower shall pay to the Administrative Agent, for the account of the Lenders, on the dates set forth below, or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(i)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment: Repayment Date Amount March 31, 2007 $ 3,825,000 June 30, 2007 $ 3,825,000 September 30, 2007 $ 3,825,000 December 31, 2007 $ 3,825,000 March 31, 2008 $ 3,825,000 June 30, 2008 $ 3,825,000 September 30, 2008 $ 3,825,000 44 Repayment Date Amount December 31, 2008 $ 3,825,000 March 31, 2009 $ 3,825,000 June 30, 2009 $ 3,825,000 September 30, 2009 $ 3,825,000 December 31, 2009 $ 3,825,000 March 31, 2010 $ 3,825,000 June 30, 2010 $ 3,825,000 September 30, 2010 $ 3,825,000 December 31, 2010 $ 3,825,000 March 31, 2011 $ 3,825,000 June 30, 2011 $ 3,825,000 September 30, 2011 $ 3,825,000 Term Loan Maturity Date $ 1,457,325,000

  • Prepayments of Loans Subject to Section 2.11, the Borrower may (i) upon at least one Business Day’s notice to the Administrative Agent, prepay any Base Rate Borrowing or (ii) upon at least three Business Days’ notice to the Administrative Agent, prepay any Euro-Dollar Borrowing, in each case in whole at any time, or from time to time in part in amounts aggregating $10,000,000 or any larger multiple of $1,000,000, by paying the principal amount to be prepaid together with accrued interest thereon to the date of prepayment. Each such optional prepayment shall be applied to prepay ratably the Loans of the several Lenders included in such Borrowing.

  • Repayments and Prepayments The Borrower shall repay in full the unpaid principal amount of each Loan upon the Stated Maturity Date therefor. Prior thereto, the Borrower

  • Repayments and Prepayments; Application The Borrower agrees that the Loans shall be repaid and prepaid pursuant to the following terms.

  • Mandatory Prepayments of Loans If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect. All amounts required to be paid pursuant to this Section 2.05(b) shall be applied first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations; and Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

  • The Commitments and Borrowings Section 2.01 Revolving Credit Borrowing; Protective Advances 76 Section 2.02 Borrowings, Conversions and Continuations of Loans 78 Section 2.03 Letters of Credit 80 Section 2.04 Swing Line Loans 90 Section 2.05 Prepayments 92 Section 2.06 Termination or Reduction of Commitments 94 Section 2.07 Repayment of Loans 95 Section 2.08 Interest 95 Section 2.09 Fees 96 Section 2.10 Computation of Interest and Fees 96 Section 2.11 Evidence of Indebtedness 97 Section 2.12 Payments Generally 97 Section 2.13 Sharing of Payments 99 Section 2.14 Incremental Credit Extensions 100 Section 2.15 Extensions of Revolving Credit Loans and Revolving Credit Commitments 102 Section 2.16 Defaulting Lenders 106 Section 2.17 Borrower Agent 108 Page ARTICLE III TAXES, INCREASED COSTS PROTECTION AND ILLEGALITY Section 3.01 Taxes 109 Section 3.02 Illegality 113 Section 3.03 Inability to Determine Rates 113

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