Common use of Prepayment and Reborrowing Clause in Contracts

Prepayment and Reborrowing. Prior to the Revolver Termination Date and within the limits of the Aggregate Revolving Loan Commitment and the Borrowing Base, ▇▇▇▇▇▇ may borrow, prepay and reborrow Revolving Credit Loans. All Revolving Credit Loans shall mature and be due and payable on the Revolver Termination Date.

Appears in 2 contracts

Sources: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

Prepayment and Reborrowing. Prior to the Revolver Termination Date and within the limits of the Aggregate Revolving Loan Commitment and the Borrowing Base, ▇▇▇▇▇▇ Borrowers may borrow, prepay and reborrow Revolving Credit Loans. All Except as provided in ss. 2.1(a) hereof, all Revolving Credit Loans shall mature and be due and payable on the Revolver Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Matlack Systems Inc)