REPAYMENT OF THE PRINCIPAL SUM Sample Clauses

REPAYMENT OF THE PRINCIPAL SUM. Without prejudice to the Council’s other rights and remedies, the Council may require the repayment of all or part of the Principal Sum during the Claw-back Period within such timescale as the Council shall direct or withhold payment of all or any part of the Principal Sum that remains unpaid during the Claw-back Period: in the event that [both] the Special Guardian[s]cease for whatever reason to be the Special Guardian[s] of [NAMES OF CHILDREN] (save for the child[ren]’s biological [mother/father], [NAME OF PARENT], successfully applying for the discharge of the Special Guardianship Order, without consent of [either of] the Special Guardian[s] in relation to the [child/ren]) and/or [she/he/they] [are/is] no longer living at the Property as her/his/their principal place of residence; the Special Guardian[s] is/are no longer occupying the Property as his/her/their only or principal home; in the circumstances set out in clause 5 above; the Special Guardian[s] fail or has/have failed to disclose any material fact or information which ought in the opinion of the Council to have been disclosed in connection with the financial assistance determination made by the Council; if the Special Guardian[s] are/is declared bankrupt or placed in receivership or liquidation or enters into any arrangement or composition for the benefit of their creditors, or is unable to pay its debts as they fall due, or has judgement for debt entered against them; any security created by any mortgage or charge executed by the Special Guardians shall become enforceable and the holder of such security shall take steps to enforce the same; on the sale of the Property for whatever reason EXCEPT THAT in the event the Property is sold by the Special Guardians and all proceeds from the sale are used to fund the purchase of a replacement property which: is of equal or greater value to the Property (inclusive of the Works); and [NAME OF CHILDREN] occupies as their only or principal home; then in these circumstances only the terms of this Agreement shall apply to the replacement property for the Clawback Period and repayment of the Principal Sum shall not be incurred; if in the opinion of the Council, either of the Special Guardians are incapable of or unlikely to be able to carry out his or her obligations under this Agreement; if in the reasonable opinion of the Council either of the Special Guardians are in wilful default of this Agreement or has acted fraudulently at any time; The Special Guard...
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REPAYMENT OF THE PRINCIPAL SUM. The Principal Sum shall be due and ------------------------------ payable in one (1) installment of Five Hundred Thirty Five Thousand and No/100 Dollars ($535,000) on the earlier of: (i) the receipt by the Borrower of proceeds from a Form SB-2 Registration Statement filed by XxxxxXxxxxx.xxx, Inc.; or (ii) 180 days following the date set forth above (the "Maturity Date"). -------------
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REPAYMENT OF THE PRINCIPAL SUM. 4.1 The Principal Sum shall be repaid by the Company to the Noteholder, without any requirement of notice or demand by the Noteholder as follows:
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Related to REPAYMENT OF THE PRINCIPAL SUM

  • Repayment of the Loan The Borrower agrees to repay the EMIs/Monthly Instalments and the other Outstanding Dues to BHFL on or before the respective Due Dates by any of the repayment modes as set out in the Loan Agreement or the Top-Up Loan Addendum, or in such manner and at such place, as may be agreed between the Borrower and BHFL. • BHFL may, at the request of the Borrower in writing, agree to change the repayment mode. BHFL may, at any time, in its discretion revise the repayment schedule in its sole and absolute discretion and notify the Borrower in advance accordingly. • The EMI/Monthly Instalment amount shall be arrived at so as to comprise the repayment of the Loan Amount and payment of Interest calculated on the basis of the Interest Rate within the Loan Tenure. The Borrower agrees to continue paying EMIs/Monthly Instalments until all Outstanding Dues under the Loan have been repaid in full to BHFL.

  • Repayment of the Loans The Companies (a) may prepay the Obligations from time to time in accordance with the terms and provisions of the Notes (and Section 17 hereof if such prepayment is due to a termination of this Agreement); (b) shall repay on the expiration of the Term (i) the then aggregate outstanding principal balance of the Loans together with accrued and unpaid interest, fees and charges and; (ii) all other amounts owed Laurus under this Agreement and the Ancillary Agreements; and (c) subject to Section 2(a)(ii), shall repay on any day on which the then aggregate outstanding principal balance of the Loans are in excess of the Formula Amount at such time, Loans in an amount equal to such excess. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Repayment and Amortization of Loans; Evidence of Debt (a) The Borrowers hereby 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 on the Maturity Date, (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 demand by the Administrative Agent.

  • Prepayment of Debt Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt.

  • Prepayment of Loan So long as ECOLOGY shall hold this loan, the RECIPIENT may prepay the entire unpaid principal balance of and accrued interest on the loan or any portion of the remaining unpaid principal balance of the Loan Amount . Any prepayments on the loan shall be applied first to any accrued interest due and then to the outstanding principal balance of the Loan Amount. If the RECIPIENT elects to prepay the entire remaining unpaid balance and accrued interest, the RECIPIENT shall first contact ECOLOGY’s Revenue/Receivable Manager of the Fiscal Office.

  • Repayment and Prepayment 6.1 Subject to the terms of this Agreement the Loans shall be repaid in full on the Final Repayment Date.

  • 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.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

  • Payment and Prepayment of the Notes Section 8.1.

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