Common use of Repayment of Revolving Advances Clause in Contracts

Repayment of Revolving Advances. The relevant Revolving Credit Facility Borrower shall repay each Revolving Advance in full on its Maturity Date but, subject to the terms of this Agreement, amounts repaid may be reborrowed. On the Final Repayment Date the balance of all outstanding Revolving Advances shall in any event be repaid in full and may not be reborrowed.

Appears in 3 contracts

Samples: Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Texas Utilities Co /Tx/), Facilities Agreement (Tu Acquisitions PLC)

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Repayment of Revolving Advances. The relevant Revolving Credit Facility Each Borrower shall repay each Revolving Advance made to it in full on its Maturity Date but, to the Agent for the relevant Banks but since the Revolving Credit Facility is available on a revolving basis amounts repaid may be reborrowed subject to the terms of this Agreement, amounts repaid . No Revolving Advance may be reborrowed. On outstanding after the Final Repayment Date the balance of all outstanding Revolving Advances shall in any event be repaid in full and may not be reborrowedMaturity Date.

Appears in 2 contracts

Samples: Agreement (Syngenta Ag), Agreement (Syngenta Ag)

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Repayment of Revolving Advances. The relevant Revolving Credit Facility Borrower shall repay each Revolving Advance in full on its Maturity Date butDate, without prejudice to the right of that or any other Borrower, subject to the terms of this Agreement, amounts repaid may be reborrowedto continue to make utilisations up to the Available Amount. On the Final Repayment Date for the Revolving Credit Facility, the balance of all outstanding Revolving Advances under such Facility shall in any event be repaid in full and may not be reborrowed.

Appears in 1 contract

Samples: Facilities Agreement (Txu Europe LTD)

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