Common use of REPAYMENT AND PREPAYMENT OF PRINCIPAL Clause in Contracts

REPAYMENT AND PREPAYMENT OF PRINCIPAL. 5.1. Each Borrower promises to pay the Loan Repayment Amount with respect to each Loan made to it, in actually and finally collected funds, on such Loan’s Stated Maturity Date or, if earlier, the date on which all of the Collateral securing such Loan has matured (or, in either case, if such date falls on a day that is not a Business Day, on the next Business Day) (such date, the “Maturity Date” of such Loan).

Appears in 23 contracts

Samples: Master Loan and Security Agreement, Master Loan and Security Agreement, Master Loan and Security Agreement

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REPAYMENT AND PREPAYMENT OF PRINCIPAL. 5.1. Each Borrower promises to pay the Loan Repayment Amount with respect to each Loan made to it, in actually and finally collected funds, on such Loan’s Stated Maturity Date the third anniversary of the Applicable Loan Closing Date, or, if earlier, the date on which all of the Collateral securing such Loan has matured (or, in either case, if such date falls on a day that is not a Business Day, on the next Business Day) (such date, the “Maturity Date” of such Loan).

Appears in 11 contracts

Samples: Master Loan and Security Agreement, Master Loan and Security Agreement, Master Loan and Security Agreement

REPAYMENT AND PREPAYMENT OF PRINCIPAL. 5.1. Each Borrower promises to pay the Loan Repayment Amount with respect to each Loan made to it, in actually and finally collected funds, on such Loan’s Stated Maturity Date or, if earlier, the date on which all of the Collateral securing such Loan has matured or otherwise been redeemed in whole (or, in either case, if such date falls on a day that is not a Business Day, on the next Business Day) (such date, the “Maturity Date” of such Loan).

Appears in 6 contracts

Samples: Master Loan and Security Agreement, Master Loan and Security Agreement, Master Loan and Security Agreement

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REPAYMENT AND PREPAYMENT OF PRINCIPAL. 5.1. Each Borrower promises to pay the Loan Repayment Amount with respect to each Loan made to it, in actually and finally collected funds, on the third anniversary of the Applicable Loan Closing Date,such Loan’s Stated Maturity Date or, if earlier, the date on which all of the Collateral securing such Loan has matured (or, in either case, if such date falls on a day that is not a Business Day, on the next Business Day) (such date, the “Maturity Date” of such Loan).

Appears in 1 contract

Samples: Master Loan and Security Agreement

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