Repayment Evidence of Debt Sample Clauses

Repayment Evidence of Debt. (a) The Borrowers hereby jointly and severally 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 (other than Extended Loans) on the Maturity Date, and each Extended Loan in respect of each Extension Series, on the relevant maturity date for such Extension Series of Extended Commitments, (ii) to the Administrative Agent the then unpaid amount of each Protective Advance on the earlier of the Maturity Date and demand by the Administrative Agent, and (iii) to the Administrative Agent the then unpaid principal amount of each Overadvance on the earlier of the Maturity Date and the thirtieth (30th) day after such Overadvance is made (unless such date is extended by the Administrative Agent, in its sole discretion).
Sample 1Sample 2
AutoNDA by SimpleDocs
Repayment Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Revolving Loan 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 the Maturity Date and the fifth Business Day after such Swingline Loan is made; provided that on each date that a Revolving Borrowing is made, the Borrower shall repay all Swingline Loans then outstanding and the proceeds of any such Borrowing shall be applied by the Administrative Agent to repay any Swingline Loans outstanding.
Sample 1Sample 2
Repayment Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay to the Lender in full in cash, to the extent not previously paid, the then-unpaid principal amount of all Loans on the Maturity Date.
Sample 1Sample 2
Repayment Evidence of Debt. (A) The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the Loans in such amounts and at such times as is provided in this Agreement.
Sample 1
Repayment Evidence of Debt. (a) The Borrower hereby unconditionally promises to pay to the Bank the then unpaid principal amount of each Loan and the BA Outstandings with respect to each Bankers’ Acceptance on the Maturity Date therefor.
Sample 1
Repayment Evidence of Debt. (a) The Company shall pay accrued but unpaid interest under the Facilities semi-annually in arrears, on the first Business Day (each, a “Payment Date”) on or after (i) April 26 and (ii) October 26 of each year, commencing with the first Payment Date occurring after the first Borrowing Date (each such period starting on the day after each Payment Date and running through the next Payment Date or, if earlier, the Maturity Date, an “Interest Period;” provided that the first Interest Period shall begin on the date hereof and end on the first Payment Date occurring after the first Borrowing Date). The Company shall repay the outstanding principal amounts of, and pay all accrued and unpaid interest on, the Facilities on the fifth anniversary of the start of Commercial Production (the “Maturity Date”). Except as otherwise expressly provided in this Agreement or such other Transaction Document, payments by the Company pursuant to this Agreement or any other Transaction Document, whether in respect of the Loan, interest or otherwise, shall be made by the Company to Lender not later than 12:00 noon (New York time) on the date due by delivery of United States Dollars in immediately available funds. Any payments received hereunder after the time and date specified in this Section 3.1 shall be deemed to have been received by Lender on the next following Business Day.
Sample 1
Repayment Evidence of Debt. (a) Interest on the unpaid principal amount of the Loan shall be due and payable on the first day of March, June, September and December in each year, commencing September 1, 2019, and ending on the Maturity Date, at which time all accrued and unpaid interest shall be due and payable in full.
Sample 1
AutoNDA by SimpleDocs
Repayment Evidence of Debt 
Sample 1Sample 2Sample 3See All (15)

Related to Repayment Evidence of Debt

  • Repayment of Loans; Evidence of Debt (a) The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Loan on the Maturity Date.

  • Evidence of Debt (a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto.

  • Lenders’ Evidence of Debt Each Lender shall maintain on its internal records an account or accounts evidencing the Obligations of Borrower to such Lender, including the amounts of the Loans made by it and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on Borrower, absent manifest error; provided, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Revolving Commitments or Borrower’s Obligations in respect of any applicable Loans; and provided further that, in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

  • Evidence of Indebtedness (a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and evidenced by one or more entries in the Register maintained by the Administrative Agent, acting solely for purposes of Treasury Regulation Section 5f.103-1(c), as agent for the Borrower, in each case in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be prima facie evidence absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note payable to such Lender, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto.

Time is Money Join Law Insider Premium to draft better contracts faster.