Common use of Maturity of Advances Clause in Contracts

Maturity of Advances. (a) Each Advance included in any Euro-Dollar Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Euro-Dollar Borrowing. Each Advance included in any Base Rate Borrowing shall finally mature on the Termination Date, and the principal amount thereof shall be due and payable from time to time as provided in the Loan Access Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

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Maturity of Advances. (a) Each Advance included in any Euro-Dollar Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Euro-Dollar Borrowing. Each Advance included in any Base Rate Borrowing shall finally mature on the Facility A Maturity Date or the Facility B Termination Date, as applicable, and the principal amount thereof shall be due and payable from time to time as herein provided or as provided in the Loan Access Agreement, if applicable to such Advance.

Appears in 1 contract

Samples: Credit Agreement (Bull Run Corp)

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Maturity of Advances. (a) Each Advance included in any Euro-Dollar Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Euro-Dollar Borrowing. Each Advance included in any Base Rate Borrowing shall finally mature on the Facility A Maturity Date or the Facility B Termination Date, as applicable, and the principal amount thereof shall be due and payable from time to time as herein provided or as provided in the Loan Access Agreement, if applicable to such Advance.

Appears in 1 contract

Samples: Credit Agreement (Bull Run Corp)

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