Common use of Prepayment and Repayment Clause in Contracts

Prepayment and Repayment. (a) The Borrower may, on five Business Days’ prior written notice to the Lender, prepay all or any part of the Loan without penalty or charge. (b) The Borrower shall repay all amounts outstanding under the Tranche A Loan on the Final Maturity Date applicable to Tranche A together with all unpaid interest, fees, costs and expenses arising in respect of such Tranche A Loan. (c) The Borrower shall repay all amounts outstanding under each Tranche B Loan, Tranche C Loan, Tranche D Loan and Tranche E Loan in full on the Final Maturity Date together will all unpaid interest, fees, costs and expenses arising in respect of such Tranche B Loan, Tranche C Loan, Tranche D Loan and Tranche E Loan. (d) The Borrower shall repay all amounts outstanding under the Tranche F Loan on the Final Maturity Date applicable to Tranche F together with all unpaid interest, fees, costs and expenses arising in respect of such Tranche F Loan.

Appears in 2 contracts

Sources: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)