Manner of Repayment Sample Clauses

Manner of Repayment. Payment of the principal, interest and Administrative Fee, shall be made by immediately available funds or mailed and/or made available to the Department no later than the applicable payment date at the following address: Department of Environmental Quality Attn: Financial Services Division, Accounts Receivable P. O. Xxx 0000 Xxxxx Xxxxx, Xxxxxxxxx 00000-0000 or such other address as may be designated by the Department, without presentation or surrender of the Bonds, except upon final payment. If acceptable to the Department, the City may make arrangements to make such payments by wire transfer of immediately available funds. Payments with respect to the Bonds shall be applied first to the interest due to the date of payment, next to principal and thereafter to the Administrative Fees and other amounts payable on the Loan and the payment of principal and interest shall be recorded on a payment record to be kept and maintained by the Department.
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Manner of Repayment. Within 10 days of determining that the Executive has received any Unearned Payments, WesBanco will provide written notice (the “Notice”) to the Executive so notifying the Executive. The Notice will include the amount that the Executive must re-pay to WesBanco and the deadline for repayment. All Unearned Amounts will be repaid by the Executive within 90 days after receipt of the Notice.
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Manner of Repayment. If the Board of Directors of the Bank or its successor determines to seek a recovery from Executive pursuant to this subsection, it shall make a written demand for repayment from Executive and, if the Executive does not within a reasonable period tender repayment in response to such demand, and the Board of Directors of the Bank or its successor determines that Executive is unlikely to do so, the Board of Directors of the Bank or its successor may seek a court order against Executive for such repayment.”
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Manner of Repayment. Prior to any repayment of any Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings to be paid and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m., New York City time, three Business Days before the scheduled date of such payment; provided that each payment of Borrowings shall be applied to pay any outstanding ABR Borrowings before any other Borrowings. If the Borrower fails to make a timely selection of the Borrowing or Borrowings to be repaid or prepaid, such payment shall be applied, first, to pay any outstanding ABR Borrowings and, second, to other Borrowings (including Competitive Borrowings) in the order of the remaining duration of their respective Interest Periods (the Borrowing with the shortest remaining Interest Period to be paid first). Each payment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
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Manner of Repayment. Subject to the terms and conditions of the respective Debt Settlement Agreement, YTB and the respective subsidiary of YTB unconditionally and irrevocably agrees that the respective Settlement Amount shall be settled by way of issuance of the Settlement Shares to the Creditor within a period of one (1) month from the date on which all the conditions precedent have been fulfilled or such extended period as the parties to the respective Debt Settlement Agreement may mutually agree in writing (“Unconditional Date”) as part payment and settlement of the Debt owing to the Creditor by YTB and/or the relevant subsidiary(ies) of YTB. For avoidance of doubt, the relevant subsidiary(ies) of YTB shall pay to the Creditor an amount equivalent to the relevant Debt less the relevant Settlement Amount following (“Balance Debt”) in such manner as may be agreeable by the parties in writing.
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Manner of Repayment. Principal and any unpaid interest under the Notes shall be due and payable and shall be paid by Borrower to the Lender as set forth in the Notes.
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Manner of Repayment a) The Bank is entitled to collect the due interest on the Credit, charges and commissions from the Client's current account no. 2064740-074/2700, xxxxxxxtered in EUR.
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Manner of Repayment. (1) Initial repayment and final repayment shall be made as follows. Initial repayment: March 11, 2002 (Yen)125,000,000. Final repayment: Dec. 11, 2004 (Yen)125,000,000.
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Manner of Repayment. 1.1 Party B and Party C agree to waive the right of collecting Unallocated Profits within the scope of the borrowing listed by Party A, and refund the borrowing stated hereunder with such Unallocated Profits.
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Related to Manner of Repayment

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

  • Deposit of Repayment Price On or prior to any Optional Repayment Date, the Company shall deposit with the Trustee an amount of money sufficient to pay the optional repayment price, and accrued interest thereon to such date, of all the Book-Entry Notes or portions thereof which are to be repaid on such date. The Trustee will use such money to repay such Book-Entry Notes pursuant to the terms set forth in such Notes. Procedure for Rate Setting and Posting: The Company and the Agent will discuss from time to time the aggregate principal amount of, the issuance price of, and the interest rates to be borne by, Book-Entry Notes that may be sold as a result of the solicitation of orders by the Agent. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agent is to solicit orders (the setting of such prices and rates to be referred to herein as “posting”) or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agent of the prices and rates to be posted. Acceptance and Rejection of Orders: Unless otherwise instructed by the Company, the Agents will advise the Company promptly by telephone or other means of electronic communication of all orders to purchase Book-Entry Notes received by the Agents, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed by the Company and any Agent, the Company has the right to accept orders to purchase Book-Entry Notes and may reject any such orders in whole or in part.

  • Manner of Reimbursement Upon its receipt of a notice referred to in the immediately preceding subsection (d), the Borrower shall advise the Administrative Agent and the Issuing Bank whether or not the Borrower intends to borrow hereunder to finance its obligation to reimburse the Issuing Bank for the amount of the related demand for payment and, if it does, the Borrower shall submit a timely request for such borrowing as provided in the applicable provisions of this Agreement. If the Borrower fails to so advise the Administrative Agent and the Issuing Bank, or if the Borrower fails to reimburse the Issuing Bank for a demand for payment under a Letter of Credit by the date of such payment, the failure of which the Issuing Bank shall promptly notify the Administrative Agent, then (i) if the applicable conditions contained in Article VI would permit the making of Revolving Loans, the Borrower shall be deemed to have requested a borrowing of Revolving Loans (which shall be Base Rate Loans) in an amount equal to the unpaid Reimbursement Obligation and the Administrative Agent shall give each Revolving Lender prompt notice of the amount of the Revolving Loan to be made available to the Administrative Agent not later than 12:00 noon Central time and (ii) if such conditions would not permit the making of Revolving Loans, the provisions of subsection (j) of this Section shall apply. The limitations set forth in the second sentence of Section 2.1(a) (regarding minimum amounts and integral multiples) shall not apply to any borrowing of Base Rate Loans under this subsection.

  • Amount of repayment instalments The Borrower shall repay the Loan by:

  • Notice and Manner of Borrowing (a) The Borrower shall give the Agent notice (and the Agent shall promptly notify the Banks in writing) of each borrowing hereunder: (i) in the case of a Loan that accrues interest based on a Daily Reset Libor Rate, by noon Central Time of the Business Day such Loan is to be disbursed to the Borrower, and (ii) in the case of a Loan that accrues interest at a rate other than a Daily Reset Libor Rate, at least three (3) Business Days before the Business Day such Loan is to be disbursed to the Borrower, and the Borrower shall specify and provide: (i) the proposed funding date of such Loan, (ii) the amount of such Loan and whether the Loan requested is a Revolving Credit Loan or a Swingline Loan, (iii) if such Loan is to bear interest based on the Libor Rate, the Interest Period requested by the Borrower for such Loan, (iv) the then current total fair market value of the financial assets in the Securities Account and any and all other assets of the Borrower, (v) a Borrowing Base Certificate, substantially in the form of Exhibit D hereto, executed by an authorized officer of the Borrower providing the current Borrowing Base and stating that the Borrower is in compliance with all applicable leverage regulations of the 1940 Act; and (vi) only in the case of a Revolving Credit Loan, whether such Loan shall accrue interest at a Daily Reset Libor Rate. All notices given under this Section by the Borrower shall be irrevocable and shall be given not later than 11:00 a.m. Central Time on the day which is not less than the number of Business Days specified above for such notice. For purposes of this Section, the Borrower and the Banks agree that the Agent may rely and act upon any request for a Loan from any individual who the Agent, absent gross negligence or willful misconduct, believes to be a representative of the Borrower.

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