Common use of Repayment of Revolving Credit Advances Clause in Contracts

Repayment of Revolving Credit Advances. (a) The Borrower shall repay to the Agent for the ratable account of the Lenders, (i) on the Termination Date, the aggregate principal amount of the Revolving Credit Advances then outstanding and (ii) the aggregate principal amount of each Revolving Credit Advance made after the Termination Date as the result of a drawing under a Letter of Credit on the date of such advance (unless such drawing is reimbursed under the related Letter of Credit Agreement).

Appears in 8 contracts

Samples: Five Year Credit Agreement (Williams Companies Inc), Year Credit Agreement (Williams Companies Inc), Five Year Credit Agreement (Williams Companies Inc)

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Repayment of Revolving Credit Advances. (a) The Borrower shall repay to the Agent for the ratable account of the Lenders, (i) Lenders having the same Termination Date on the such Termination Date, Date the aggregate principal amount of the Revolving Credit Advances then outstanding and (ii) the aggregate principal amount of each Revolving Credit Advance made after the Termination Date as the result of a drawing under a Letter of Credit on the date of owing to such advance (unless such drawing is reimbursed under the related Letter of Credit Agreement)Lenders.

Appears in 1 contract

Samples: Five Year Credit Agreement (Pepsiamericas Inc/Il/)

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