Common use of Repayment and Amortization of Loans; Evidence of Debt Clause in Contracts

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers hereby unconditionally promise to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Maturity Date in the currency of such Loan, (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Latest Maturity Date with respect to any Revolving Commitments and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Borrowers shall repay all Swingline Loans then outstanding.

Appears in 4 contracts

Samples: Restatement Agreement (Endo International PLC), Assignment and Assumption (Endo International PLC), Credit Agreement (Endo International PLC)

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Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers Borrower hereby unconditionally promise promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Revolving Facility Maturity Date in the currency of such Loan, Loan and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Latest Revolving Facility Maturity Date with respect to any Revolving Commitments and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Borrowers Borrower shall repay all Swingline Loans then outstanding.

Appears in 3 contracts

Samples: Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers Borrower hereby unconditionally promise promises to pay (i) to the Term Loan A/Revolver Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Revolving Facility Maturity Date in the currency of such Loan, Loan and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Latest Revolving Facility Maturity Date with respect to any Revolving Commitments and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Borrowers Borrower shall repay all Swingline Loans then outstanding.

Appears in 2 contracts

Samples: Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.)

Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers Each Borrower hereby unconditionally promise promises to pay (i) to the Administrative Agent for the account of each Revolving applicable Lender the then unpaid principal amount of each of its U.S. Revolving Loan Loans in U.S. Dollars and EUR Revolving Loans in Euros on the Maturity Date in the currency of such Loan, and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of (A) the Latest Maturity Date with respect to any Revolving Commitments and or (B) the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing is made, the Borrowers U.S. Borrower shall repay all Swingline Loans then outstanding.

Appears in 1 contract

Samples: Credit Agreement (Schweitzer Mauduit International Inc)

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Repayment and Amortization of Loans; Evidence of Debt. (a) The Borrowers Borrower hereby unconditionally promise promises to pay (i) to the Administrative Agent for the account of each Revolving Lender the then unpaid principal amount of each Revolving Loan on the Revolving Loan Maturity Date in the currency of such LoanDate, and (ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Latest Revolving Loan Maturity Date with respect to any Revolving Commitments and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two (2) 44 Business Days after such Swingline Loan is made; provided that on each date that a Dollar Tranche Revolving Borrowing Loan is made, the Borrowers Borrower shall repay all Swingline Loans then outstanding.

Appears in 1 contract

Samples: Credit Agreement (Aceto Corp)

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