Common use of Repayment of Term Loan Clause in Contracts

Repayment of Term Loan. In addition to any prepayments or repayments made pursuant to Sections 2.9 and 2.10, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in quarterly principal payments on the dates and in the amounts set forth in Schedule 2.1 hereto. Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan shall be due and payable in full in cash on the Maturity Date.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Seaboard Corp /De/), Credit Agreement (Seaboard Corp /De/)

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Repayment of Term Loan. In addition to any prepayments or repayments made pursuant to Sections Section 2.9 and Section 2.10, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in quarterly principal payments each in the amount of $2,500,000 and due and payable on the dates and in the amounts set forth in Schedule 2.1 heretolast Business Day of each calendar quarter. Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan shall be due and payable in full in cash on the Maturity DateDate with respect thereto.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Seaboard Corp /De/)

Repayment of Term Loan. In addition to any prepayments or repayments made pursuant to Sections Section 2.9 and Section 2.10, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in quarterly principal payments on the dates and in the amounts set forth in Schedule 2.1 hereto. Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan shall be due and payable in full in cash on the Maturity Date.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Seaboard Corp /De/)

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Repayment of Term Loan. In addition to any prepayments or repayments made pursuant to Sections Section 2.9 and Section 2.10, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in quarterly principal payments on the dates and in the amounts set forth in Schedule 2.1 hereto. Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan shall be due and payable in full in cash on the Maturity Date.. ​

Appears in 1 contract

Samples: Term Loan Credit Agreement (Seaboard Corp /De/)

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