REPAYMENT OF Sample Clauses

The 'Repayment Of' clause defines the terms and conditions under which a borrower must return borrowed funds to a lender. It typically outlines the repayment schedule, including due dates, installment amounts, and acceptable payment methods, and may specify any interest or penalties for late payments. By clearly setting out these requirements, the clause ensures both parties understand their obligations, reducing the risk of disputes and providing a framework for the orderly return of funds.
REPAYMENT OF. FREE" RENT. If this Lease provides for a postponement of any monthly rental payments, a period of "free" rent or other rent concession, such postponed rent or "free" rent is called the "Abated Rent". Tenant shall be credited with having paid all of the Abated Rent on the expiration of the Lease Term only if Xxxxxx has fully, faithfully, and punctually performed all of Tenant's obligations hereunder, including the payment of all rent (other than the Abated Rent) and all other monetary obligations and the surrender of the Property in the physical condition required by this Lease. Tenant acknowledges that its right to receive credit for the Abated Rent is absolutely conditioned upon Tenant's full, faithful and punctual performance of its obligations under this Lease. If Tenant defaults and does not cure within any applicable grace period, the Abated Rent shall immediately become due and payable in full and this Lease shall be enforced as if there were no such rent abatement or other rent concession. In such case Abated Rent shall be calculated based on the full initial rent payable under this Lease.
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REPAYMENT OF. INDEBTEDNESS At or prior to the Closing, each ------------------------- Stockholder, officer and director of the Company and each entity (other than corporations the shares of which are publicly traded and other than any Subsidiary listed on Schedule 1.03) in which the Company or any Stockholders has an equity interest shall pay to the Company all outstanding indebtedness owed by such stockholder, officer, director or entity to the Company or any of the Subsidiaries.
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REPAYMENT OF. FREE" RENT. If this Lease provides for a postponement of any monthly rental payments, a period of "free" rent, "forgiven" rent or other rent concession, such postponed or "free" rent is called the "Abated Rent". Tenant shall be credited with having paid all of the Abated Rent on
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REPAYMENT OF. New senior secured credit Existing revolving credit facility(1) .............. 27.5 facility ......................... $ 70.0 Notes offered hereby ...... 250.0 Outstanding notes(2) ...............
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REPAYMENT OF. DEBTS If, at the Time of Closing, the Company is indebted to the Vendor in an amount recorded on the books of the Company and verified by the Auditor, the Company shall repay such amount to the Vendor at the Time of Closing. If, at the Time of Closing, the Vendor is indebted to the Company in an amount recorded on the books of the Company and verified by the Auditors, the Vendor shall repay such amount to the Company at the Time of Closing and, if the Vendor fails to make such repayment, the Purchaser shall be entitled to pay the amount of such indebtedness to the Company from the Purchase Price and the amount of the Purchase Price payable to the Vendor shall be reduced accordingly.
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REPAYMENT OF. Inside Loan. Upon termination of the ESOP, which is expected to occur on the Closing Date, the seven million, six hundred sixty eight thousand, three hundred sixty four (7,668,364) shares of FDI Stock (together with any and all other collateral for the Inside Loan) to be received by Preferred Stock Seller on the Closing Date shall be transferred and delivered to Company and applied toward payment of the Inside Loan. Regardless of any change in the bid/ask price of the FDI Stock, these shares shall continue to have the assigned value of two million, six hundred eighty-three thousand, nine hundred twenty seven and 40/100 dollars ($2,683,927.40). In addition, while the parties agree that the consideration to be paid to the Preferred Stock Seller constitutes full and complete payment and satisfaction to the Preferred Stock Seller, it is conceivable that despite the belief that no grounds exist, a governmental agency, department or entity may nonetheless assert that additional amounts are to be paid to the Preferred Stock Seller. If this were to occur, any amounts received by or for the benefit of Preferred Stock Seller in respect of the Preferred Shares that have not been allocated to the accounts of ESOP plan participants or any other portion of the collateral securing the Inside Loan (including, but not limited to, any additional proceeds received as a result of any inquiry, investigation, ruling or demand by any governmental agency, department or entity) shall, whether before or at any time after termination of the ESOP or payment of the Inside Loan, also be paid to Company, subject only to the following sentence. If and to the extent any such additional consideration, when added to the amount of $2,683,927.40, exceeds the unpaid principal balance of, and all unpaid accrued interest on, the Inside Loan immediately prior to Closing, such excess amount shall be for the account and benefit of the ESOP plan participants.
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REPAYMENT OF. Second Term Loan. Interest on the Second Term Note, calculated as aforesaid in Section 2.04, shall be repaid by Borrower in monthly installments on the first day of each month following the advance from Bank to Borrower pursuant to Section 2.22, through and including the Second Term Loan Maturity Date, when the entire unpaid balance of the Second Term Note, inclusive of principal and interest, shall be paid in full.
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REPAYMENT OF. FREE" RENT. If this Lease provides for a postponement of any monthly rental payments, a period of "free" rent or other rent concession, such postponed rent or "free" rent is called the "Abated Rent". Tenant shall -C-1988 Southern California 9 Initials /s/ [illegible] Chapter of the [logo] --------------- Society of Industrial (MULTI-TENANT NET FORM) /s/ [illegible] and Office Realtors, Inc. --------------- be credited with having paid all of the Abated Rent on the expiration of the Lease Term only if Tenant has fully, faithfully, and punctually performed all of Tenant's obligations hereunder, including the payment of all rent (other than the Abated Rent) and all other monetary obligations and the surrender of the Property in the physical condition required by this Lease. Tenant acknowledges that its right to receive credit for the Abated Rent is absolutely conditioned upon Tenant's full, faithful and punctual performance of its obligations under this Lease. If Tenant defaults and does not cure within any applicable grace period, the Abated Rent shall immediately become due and payable in full and this Lease shall be enforced as if there were no such rent abatement or other rent concession. In such case Abated Rent shall be calculated based on the full initial rent payable under this Lease.
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REPAYMENT OF. Advance Payments — Shenzhen iDreamSky using part of the proceeds from Step 2 above, will repay certain advance payments made by the Target and iDreamSky Technology (HK) Limited (the repayment amount of such advance payments being the Advance Repayment Amount).
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Related to REPAYMENT OF

  • Repayment of Funds If AMO declares that an Event of Default has not been cured to its exclusive satisfaction, AMO reserves the right to declare that prior payments of Funds become a debt to Canada which the Recipient will reimburse forthwith on demand to AMO for transmission to Canada.

  • Repayment of Loan 3.1 The Lender and the Borrowers agree and confirm that the Loan will be repaid in the following manner only: the Borrowers will transfer all of their equity interests in the Borrower Company to the Lender or any legal or natural person designated by the Lender pursuant to requirements from the Lender. 3.2 The Lender and the Borrowers agree and confirm that to the extent permitted by the laws, the Lender has the right but no obligation to purchase or designate any legal or natural person designated by it to purchase all or any part of the equity interests in the Borrower Company from the Borrowers at the price set forth under the Exclusive Purchase Option Agreement. 3.3 It is agreed and confirmed by the Parties that the Borrowers shall be deemed to have fulfilled their repayment obligations hereunder only after both of the following conditions have been satisfied. (1) The Borrowers have transferred all of their equity interests in the Borrower Company to the Lender and/or their designated person; and (2) The Borrowers have repaid to the Lender all of the transfer proceeds or an amount equivalent to the maximum amount permitted by the laws. 3.4 The Loan will be deemed as a zero interest loan if the price to transfer the equity interests in the Borrower Company to the Lender from the Borrowers concluded by the Parties under this Agreement any other related agreements is equal or less than the amount of the Loan. Under such circumstance, the Borrowers are not required to repay any remaining amount of and/or any interest upon the Loan; provided, however, that if the equity interest transfer price exceeds the amount of the Loan, the exceeding amount will be deemed as the interest upon the Loan (calculated by the highest interest permitted by the PRC laws) and financing cost thereof. 3.5 Notwithstanding anything to the contrary, if the Borrower Company goes bankruptcy, dissolution or is ordered for closure during the term or extended term of this Agreement, and Borrowers will liquidate the Borrower Company according to laws and all of the proceeds from such liquidation will be used to repay the principal, interest (calculated by the highest interest permitted by the PRC laws) and financing cost of the Loan.

  • Repayment and Recovery (a) At the End of a Funding Year. If, in any Funding Year, the HSP has not spent all of the Funding the Funder will require the repayment of the unspent Funding. (b) On Termination or Expiration of this Agreement. Upon termination or expiry of this Agreement and subject to section 11.4, the Funder will require the repayment of any Funding remaining in the possession or under the control of the HSP and the payment of an amount equal to any Funding the HSP used for purposes not permitted by this Agreement. The Funder will act reasonably and will consider the impact, if any, that a recovery of Funding will have on the HSP’s ability to meet its obligations under this Agreement.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

  • Repayment of Loans (a) The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Committed Loans outstanding on such date. (b) The Borrower shall repay each Swing Line Loan on the earlier to occur of (i) the date ten Business Days after such Loan is made and (ii) the Maturity Date.