Loan Repayments and Other Amounts Payable. (a) On each date provided in or pursuant to the Indenture for the payment (whether at maturity or upon redemption or acceleration) of principal of, and premium, if any, and interest on, the Bonds, until the principal of, and premium, if any, and interest on, the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Company shall pay to the Trustee in immediately available funds, for deposit in the Bond Fund, as a repayment installment of the loan of the proceeds of the Bonds pursuant to Section 4.1(a) hereof, a sum equal to the amount payable on such date (whether at maturity or upon redemption or acceleration) as principal of, and premium, if any, and interest on, the Bonds as provided in the Indenture; provided, however, that the obligation of the Company to make any such repayment installment shall be reduced by the amount of any moneys then on deposit in the Bond Fund and available for such payment; and provided further, that the obligation of the Company to make any such payment shall be deemed to be satisfied and discharged to the extent provided for under a liquidity facility (if applicable) or under the G&R Notes.
Loan Repayments and Other Amounts Payable. (a) On each date provided in or pursuant to the Indenture for the payment (whether at maturity or upon redemption or acceleration) of principal of, and premium, if any, and interest on, the Bonds, until the principal of, and premium, if any, and interest on, the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Company shall pay to the Trustee in immediately available funds, for deposit in the Bond Fund, as a repayment installment of the loan of the proceeds of the Bonds pursuant to Section 4.1(a) hereof (each, a "Repayment Installment"), a sum equal to the amount payable on such date (whether at maturity or upon redemption or acceleration) as principal of, and premium, if any, and interest on, the Bonds as provided in the Indenture; provided, however, that the obligation of the Company to make any such Repayment Installment shall be reduced by the amount of any moneys then on deposit in the Bond Fund and available for such payment; and provided further, that the obligation of the Company to make any such payment shall be deemed to be satisfied and discharged to the extent of any corresponding payment made by the Credit Provider under any Credit Facility other than bond insurance which may then be in effect for such series of Bonds (if applicable) or under the G&R Notes. To secure and provide for the payment of Repayment Installments hereunder, the Company hereby and concurrently herewith issues and delivers to the Trustee its G&R Notes and covenants to maintain the G&R Notes in place during the term of this Agreement as herein and in the Indenture provided. Payments of Repayment Installments made by the Company pursuant to this Section 4.2(a) shall be considered to be a satisfaction, to such extent, of its obligation to make corresponding payments on the G&R Notes. The Company agrees that upon the occurrence and continuation of an Event of Default under Section 8.01(c) of the Indenture, the Trustee may demand an immediate mandatory redemption of the G&R Notes. The Trustee, as holder of the G&R Notes, has waived notice of any such mandatory redemption.
Loan Repayments and Other Amounts Payable. (a) On each date provided in or pursuant to the Indenture for the payment of principal (whether at maturity or upon redemption or acceleration) of and/or premium, if any, and/or interest on any Bonds, until the principal of and premium, if any, and interest on the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Borrower shall pay to the Trustee in immediately available funds, for deposit in the account within the Bond Fund, as a repayment installment of the loan of the proceeds of the Bonds pursuant to Section 4.1 hereof, a sum equal to the amount payable on such interest payment or redemption or acceleration or maturity date as principal (whether at maturity or upon redemption or acceleration) of and premium, if any, and interest on the Bonds as provided in the Indenture. In the event the Borrower shall fail to make any of the payments required in this subsection, the payment so in default shall continue as an obligation of the Borrower until the amount in default shall have been fully paid.
Loan Repayments and Other Amounts Payable. (a) On each date provided in or pursuant to the Indenture for the payment (whether at maturity or upon redemption or acceleration) of principal of, and premium, if any, and interest on, the Bonds, until the principal of, and premium, if any, and interest on, the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Company shall pay to the Trustee in immediately available funds, for deposit in the Bond Fund, as a repayment installment of the loan of the proceeds of the Bonds pursuant to Section 4.1(a) hereof, a sum equal to the amount payable on such date (whether at maturity or upon redemption or acceleration) as principal of, and premium, if any, and interest on, the Bonds as provided in the Indenture; provided, however, that the obligation of the Company to make any such repayment installment shall be reduced by the amount of any moneys then on deposit in the Bond Fund and available for such payment.
Loan Repayments and Other Amounts Payable. Section 4.3. No Defense or Set-Off
Loan Repayments and Other Amounts Payable. (a) Loan Repayments related to the Grant: The Loan shall not bear interest. The Borrower shall repay the Loan in equal quarterly installments and shall pay to the Grant Provider for the account of the Lender as repayments of the Loan, on or before the first day of the calendar quarter immediately following the later of (1) the last advance made pursuant to Section 4(a) hereof or (2) the issuance of a certificate of occupancy for the Facility, but not later than the first day of the calendar quarter immediately following the first anniversary of the first advance made pursuant to Section 4(a) hereof, and on or before the first day of each calendar quarter thereafter, to and including the date the Loan is fully repaid, a sum equal to the principal amount of the Loan disbursed to the Borrower pursuant to Section 4(a) hereof, divided by 40; provided, however, that if the Borrower sells its common stock in a firm commitment underwritten public offering pursuant to a registration statement on Form S-1 under the Securities Act of 1933, as amended, the public offering price of which is not less than $35,000,000 in the aggregate (a "PUBLIC OFFERING"), before the seventh (7th) anniversary of the first quarterly installment payment due hereunder, the quarterly installment amount shall thereafter be a sum equal to the then unpaid principal amount of the Loan, divided by 12.
Loan Repayments and Other Amounts Payable. (a) On the Business Day prior to each date provided in or pursuant to the Indenture for the payment of principal (whether at maturity or upon redemption or acceleration) of, premium, if any, and/or interest on the Bonds, until the principal of, premium, if any, and interest on the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Company shall pay to the Trustee in immediately available funds, for deposit in the Bond Fund, as a repayment installment of the loans of the proceeds of the Bonds pursuant to Section 4.1 hereof, sums equal to the amounts payable on such interest payment or redemption or acceleration or maturity dates as principal (whether at maturity or upon redemption or acceleration), premium, if any, and interest upon the Bonds as provided in the Indenture .
Loan Repayments and Other Amounts Payable. (a) On or before each Bond Payment Date, until the principal of, premium, if any, and interest on the Bonds shall have been fully paid or provision for such payment shall have been made as provided in the Indenture, the Borrower covenants and agrees to pay to the Trustee as a Loan Repayment on the loan made to the Borrower from Bond proceeds pursuant to Section 4.1, a sum equal to the amount payable on such Bond Payment Date as principal of, and premium, if any, and interest on the Bonds as provided in the Indenture.
Loan Repayments and Other Amounts Payable. (a) By 10:00 a.m. (Phoenix, Arizona time) on each date provided in or pursuant to the Indenture for the payment (whether at maturity or upon optional redemption or acceleration) of principal of,
Loan Repayments and Other Amounts Payable. (a) On each date provided in or pursuant to the Indenture for the payment (whether at maturity or upon redemption or acceleration) of principal of, and premium, if any, and interest on, the Bonds, until the principal of, and premium, if any, and interest on, the Bonds shall have been fully paid or provision for the payment thereof shall have been made in accordance with the Indenture, the Company shall pay to the Trustee in immediately available funds, for deposit
