Repayment of the Term Loan. The Company shall repay the principal of the amounts drawn under the Term Loan in thirteen (13) equal consecutive six-monthly instalments on the Repayment Dates. The first of such instalments shall be paid on the first Repayment Date following two (2) Years from the date of the First Drawing of the Term Loan or such other later date as the Board may determine in its absolute discretion.
Repayment of the Term Loan. The Borrower promises to pay the aggregate principal amount of the Term Loan outstanding in equal quarterly installments each in the amount of $1,250,000.00, on the last Business Day of each March, June, September and December, commencing on December 29, 2006, provided, that the final principal repayment installment of the Term Loan shall be made on the Maturity Date and shall be in an amount equal to the aggregate principal amount of the Term Loan outstanding on such date, together with any and all accrued and unpaid interest thereon.
Repayment of the Term Loan. If the Tranche A Credit is fully drawn prior to the First Repayment Date, the Borrower hereby agrees to repay the principal amount outstanding under the Finnvera Term Facility in seventeen (17) equal and consecutive semi-annual instalments to be made on each Repayment Date. If the Tranche A Credit is not fully drawn prior to the First Repayment Date, the Borrower hereby agrees to repay (i) on the First Repayment Date, 1/17th of the principal amount outstanding under the Finnvera Term Facility on such First Repayment Date, and (ii) on each succeeding Repayment Date up to and including the Maturity Date, a fraction of the principal amount outstanding under the Finnvera Term Facility on such Repayment Date, the numerator of which is 1 and the denominator of which is 17 minus the number of Repayment Dates then past.
Repayment of the Term Loan. The Borrower shall repay the Outstanding Amount of the Term Loan on the Maturity Date.
Repayment of the Term Loan. The Borrowers shall repay the Term Loan in full on the Final Maturity Date in respect thereof.
Repayment of the Term Loan. Borrower shall repay the principal amount of the Term Loan on the Maturity Date.
Repayment of the Term Loan. (i) Commencing on April 1, 2019, and continuing on the same day of each month thereafter through and including June 30, 2019, the Term Loan shall be payable in consecutive monthly installments of accrued interest only.
Repayment of the Term Loan. The Borrower shall repay the Term Loan on the dates and in the installments as follows: on the last date of the first full fiscal quarter ending after the Term Loan Funding Date and on the last date of each fiscal quarter thereafter, 2.50% of the Term Loan Amount, except as the amounts of individual installments may be adjusted pursuant to Section 3.4. If not sooner paid, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Repayment of the Term Loan. If not sooner paid, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan in full, together with accrued interest thereon, on the Term Loan Maturity Date.
Repayment of the Term Loan. The Borrower shall repay the Term Loan by sixteen (16) consecutive semi annual repayment instalments each in the amount of NOK 5,166,677. An additional balloon payment of NOK 72,333,328 and the Outstanding Indebtedness under the Term Loan is due and payable together with the last repayment instalment of the Term Loan on the Maturity Date of the Term Loan. The first repayment instalment was paid on the 1 June 2007.
