Common use of Final Repayment Clause in Contracts

Final Repayment. The Borrower shall repay all Loans outstanding under this Agreement in full on the Termination Date.

Appears in 3 contracts

Sources: Facility Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Final Repayment. The Borrower shall repay all Loans outstanding under this Agreement in full on the Termination Final Maturity Date.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)