Common use of Repayment and roll-over of Revolving Facility Loans Clause in Contracts

Repayment and roll-over of Revolving Facility Loans. The Borrower shall repay each Revolving Facility Loan in full on the last day of its Interest Period, however so that where a Revolving Facility Loan (the “New Revolving Facility Loan”) is, subject to and in accordance with the other terms of this Agreement, to be made on a day which another Revolving Facility Loan (the “Maturing Revolving Facility Loan”) is due to be repaid, then:

Appears in 3 contracts

Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

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Repayment and roll-over of Revolving Facility Loans. The Other than as set out in Clause 6.1 (Scheduled Repayments of the Term Loan Facility and Revolving Facility), the Borrower shall repay each Revolving Facility Loan in full on the last day of its Interest Period, however so that where a Revolving Facility Loan (the “New Revolving Facility Loan”) is, subject to and in accordance with the other terms of this Agreement, to be made on a day which another Revolving Facility Loan (the “Maturing Revolving Facility Loan”) is due to be repaid, then:

Appears in 1 contract

Samples: And Restatement Agreement (Seadrill Partners LLC)

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Repayment and roll-over of Revolving Facility Loans. The Borrower shall repay each of the Revolving Facility Loan Loans in full on the last day of its the Interest Period, however so provided that where a Revolving Facility Loan (the “New Revolving Facility Loan”) is, subject to and in accordance with the other terms of this Agreement, to be made on a day which another Revolving Facility Loan (the “Maturing Revolving Facility Loan”) is due to be repaid, then:

Appears in 1 contract

Samples: Credit Facility Agreement (North Atlantic Drilling Ltd.)

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