Repayments Prepayments Interest and Fees Clause Samples
The 'Repayments, Prepayments, Interest and Fees' clause defines the borrower's obligations regarding the timing and manner of repaying the principal loan amount, making early repayments, and paying any interest and associated fees. It typically outlines the schedule for regular payments, conditions under which prepayments can be made (such as with or without penalty), and details the calculation and accrual of interest and fees. This clause ensures both parties have a clear understanding of the financial terms, helping to prevent disputes and providing a framework for managing the loan's financial aspects.
Repayments Prepayments Interest and Fees. SECTION 3.1.
Repayments Prepayments Interest and Fees. Such Working Capital Loan shall initially be made as a Base Rate Loan.
Repayments Prepayments Interest and Fees. SECTION 3.1. Repayments and Prepayments; Application
Repayments Prepayments Interest and Fees. Repayments and Prepayments; Application 49 SECTION 3.2 Interest Provisions 56 SECTION 3.3 Fees 57
Repayments Prepayments Interest and Fees. Section 3.01 Repayments and Prepayments; Application. NY1:#3495514
Repayments Prepayments Interest and Fees. Section Page ------- ----
Repayments Prepayments Interest and Fees. 5.1. Repayment of T4 ▇▇▇▇▇ Loans
(a) The ▇▇▇▇▇ Borrowers unconditionally and irrevocably promise to pay to the ▇▇▇▇▇ Administrative Agent for the ratable account of each T4 ▇▇▇▇▇ Lender the aggregate outstanding principal amount of the T4 ▇▇▇▇▇ Loans on each Principal Payment Date, in accordance with the Amortization Schedule.
(b) Notwithstanding anything to the contrary set forth in Section 5.1(a), (i) the final principal repayment installment on the Maturity Date shall in any event be in an amount equal to the aggregate principal amount of all T4 ▇▇▇▇▇ Loans outstanding on such date and (ii) the ▇▇▇▇▇ Borrowers unconditionally and irrevocably promise to pay to the ▇▇▇▇▇ Administrative Agent for the ratable account of each T4 ▇▇▇▇▇ Lender, on the Maturity Date, an amount equal to the aggregate principal amount of all T4 ▇▇▇▇▇ Loans plus any unreimbursed T4 ▇▇▇▇▇ ▇▇ Disbursements, outstanding on such date.
Repayments Prepayments Interest and Fees. Repayments and Prepayments; Application 37 SECTION 3.1.1. Repayments and Prepayments 37 SECTION 3.1.2. Application 41 SECTION 3.2. Interest Provisions 42 SECTION 3.2.1. Rates 42 SECTION 3.2.2. Post-Default Rates 42 SECTION 3.2.3. Payment Dates 42 SECTION 3.3. Fees 43 SECTION 3.3.1. Commitment Fee 43 SECTION 3.3.2. Letter of Credit Fee 43
Repayments Prepayments Interest and Fees. Repayments and Prepayments; Application 46 Section 3.2 Interest Provisions 52 Section 3.3 Fees 53 Section 4.1 LIBO Rate Lending Unlawful 54 Section 4.2 Deposits Unavailable 54 Section 4.3 Increased LIBO Rate Loan Costs, etc 55 Section 4.4 Funding Losses 55 Section 4.5 Increased Capital Costs 56 Section 4.6 Taxes 56 Section 4.7 Payments, Computations; Proceeds of Collateral, etc 58 Section 4.8 Sharing of Payments 59 Section 4.9 Setoff 60 Section 4.10 Removal of Lenders 60 Section 4.11 Guaranty by the Company 61 Section 5.1 Effectiveness 63 Section 5.2 All Credit Extensions 65
Repayments Prepayments Interest and Fees. Such Loan shall initially be made as a Base Rate Loan.