Repayments, Generally. All outstanding Advances and other Obligations shall be due and payable in full on the Maturity Date. Any repayments made pursuant to this Section shall be without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses. Repayment of Advances shall be applied to Base Advances first, and then to LIBOR Advances.
Appears in 2 contracts
Samples: Credit Agreement (Ixc Communications Inc), Credit Agreement (Ixc Communications Inc)
Repayments, Generally. All outstanding Advances and other Obligations shall be due and payable in full on the Maturity Date. Any repayments made pursuant to this Section shall be without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses. Repayment of Advances shall be applied to Base Advances first, and then to LIBOR Advances.
Appears in 2 contracts
Samples: Credit Agreement (Itc Deltacom Inc), Credit Agreement (Pacific Gateway Exchange Inc)
Repayments, Generally. All outstanding Advances and other Obligations shall be due and payable in full on the Maturity Date. Any repayments made pursuant to this Section shall be applied in accordance with Section 2.13(f) hereof, without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses. Repayment of Advances shall be applied to Base Advances first, and then to LIBOR Advances.
Appears in 1 contract
Samples: Credit Agreement (Itc Deltacom Inc)
