Repayments and Prepayments General Provisions Regarding Payments Sample Clauses

Repayments and Prepayments General Provisions Regarding Payments. Application of Proceeds of Collateral and Payments Under Guaranty. 35 2.5 Use of Proceeds. 39 2.6 Special Provisions Governing Eurodollar Rate Loans. 40 2.7 Increased Costs; Taxes; Capital Adequacy. 41 2.8 Statement of Lenders; Obligation of Lenders To Mitigate. 46 2.9 Replacement of a Lender. 46 2.10 Incremental Loans. 47 SECTION 3. [RESERVED] 48 SECTION 4. CONDITIONS TO LOANS 48 4.1 Closing Date Conditions. 48 4.2 Conditions to All Loans. 51 SECTION 5. REPRESENTATIONS AND WARRANTIES 52 5.1 Organization, Powers, Corporate Structure, Qualification, Good Standing, Business and Subsidiaries. 52 5.2 Authorization of Borrowing, etc. 53 5.3 Financial Condition. 54 5.4 No Material Adverse Change. 54
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Repayments and Prepayments General Provisions Regarding Payments. Application of Proceeds of Collateral and Payments Under Subsidiary Guaranty................................48 2.5 Use of Proceeds..................................................................56 2.6 Special Provisions Governing LIBOR Loans.........................................57 2.7 Increased Costs; Taxes; Capital Adequacy.........................................59
Repayments and Prepayments General Provisions Regarding Payments. Application of Proceeds of Collateral and Payments Under Guaranties. -------------------------------------------------------------------
Repayments and Prepayments General Provisions Regarding Payments. 59 A. Scheduled Reductions of Commitments................................................. 59 B. Prepayments and Unscheduled Reductions in Commitments............................... 59 C. Application of Payments to Principal and Interest................................... 61 D. General Provisions Regarding Payments............................................... 61 2.6 Use of Proceeds............................................................................. 62 A. Loans............................................................................... 62 B. Margin Regulations.................................................................. 62 2.7 Special Provisions Governing Eurodollar Rate Loans.......................................... 63 A. Determination of Applicable Interest Rate........................................... 63 B. Inability to Determine Applicable Interest Rate..................................... 63 C. Illegality or Impracticability of Eurodollar Rate Loans............................. 63 D. Compensation For Breakage or Non-Commencement of Interest Periods.................................................................... 64 E. Booking of Eurodollar Rate Loans.................................................... 64 F. Assumptions Concerning Funding of Eurodollar Rate Loans............................. 64 2.8 Increased Costs; Taxes; Capital Adequacy.................................................... 65 A.
Repayments and Prepayments General Provisions Regarding Payments. A. SCHEDULED REDUCTIONS OF COMMITMENTS; MANDATORY PAYMENT OF SWING LINE LOANS.
Repayments and Prepayments General Provisions Regarding Payments. 39 2.5 Use of Proceeds 45 2.6 Special Provisions Governing Eurodollar Rate Loans 46 2.7
Repayments and Prepayments General Provisions Regarding Payments 
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Related to Repayments and Prepayments General Provisions Regarding Payments

  • Repayments and Prepayments; Application The Borrower agrees that the Loans shall be repaid and prepaid pursuant to the following terms.

  • General Provisions Regarding Payments (a) All payments by Borrower of principal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, recoupment, set-off or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than (x) 12:00 p.m. (New York City time) on the date due at the Principal Office designated by Administrative Agent for the account of Lenders; for purposes of computing interest and fees, funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by Borrower on the next succeeding Business Day.

  • Payments and Prepayments 1.1 Payments and prepayments of principal and interest on this Note shall be made to Payee at 000 Xxxxxxxxx Xxxx Xxxxx, Xxxxx 000, Xxxxx Xxxxxx, X.X. 10604.

  • Prepayments Generally Whenever the Borrower desires or is required to prepay any part of its Loans, it shall provide Standard Notice to the Agent setting forth the following information:

  • Repayments and Prepayments The Borrower shall repay in full the unpaid principal amount of each Loan upon the Stated Maturity Date therefor. Prior thereto, the Borrower

  • Application of Payments and Collections All items of payment received by Agent by 12:00 noon, Chicago, Illinois, time, on any Business Day shall be deemed received on that Business Day. All items of payment received after 12:00 noon, Chicago, Illinois, time, on any Business Day shall be deemed received on the following Business Day. Borrower irrevocably waives the right to direct the application of any and all payments and collections at any time or times hereafter received by Agent from or on behalf of Borrower, and Borrower does hereby irrevocably agree that Agent shall have the continuing exclusive right to apply and reapply any and all such payments and collections received at any time or times hereafter by Agent or its agent against the Obligations, in such manner as Agent may deem advisable, notwithstanding any entry by Agent or any Lender upon any of its books and records. Amounts received by the Agent shall be for further credit to the accounts of Lenders pursuant to the settlement procedures contained in subsection 3.1.3 of this Agreement. Notwithstanding the foregoing, payments and collections shall not be applied to Obligations consisting of Derivative Obligations or Product Obligations at any time that any other Obligations are then due and payable. If as the result of collections of Accounts as authorized by subsection 6.2.4 hereof or otherwise, a credit balance exists in the Loan Account, such credit balance shall not accrue interest in favor of Borrower, but shall be disbursed to Borrower or otherwise at Borrower's direction in the manner set forth in subsection 3.1.2, upon Borrower's request at any time, so long as no Default or Event of Default then exists. Agent may at its option, offset such credit balance against any of the Obligations upon and during the continuance of an Event of Default.

  • Mandatory Prepayments and Commitment Reductions 22 2.7 Conversion and Continuation Options............................ 23 2.8 Limitations on Eurodollar Tranches............................. 23 2.9 Interest Rates and Payment Dates............................... 23 2.10 Computation of Interest and Fees............................... 24 2.11 Inability to Determine Interest Rate........................... 24 2.12 Pro Rata Treatment and Payments................................ 25 2.13

  • Payments Generally (a) All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Pro Rata Share (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue.

  • Payments Pro Rata Treatment Computations Etc 28 Section 4.01 Payments..............................................................................28 Section 4.02 Pro Rata Treatment....................................................................28 Section 4.03 Computations..........................................................................29 Section 4.04 Non-receipt of Funds by the Administrative Agent......................................29 Section 4.05 Set-off, Sharing of Payments, Etc.....................................................29 Section 4.06 Taxes.................................................................................30

  • Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

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