Common use of Scheduled Repayments Clause in Contracts

Scheduled Repayments. The Borrower shall repay the Loan made to it by consecutive quarterly repayments as set out in Schedule 5 (Repayments and Reductions) and the first repayment shall occur 3 months from the First Utilisation Date.

Appears in 4 contracts

Samples: Secured Term Loan Facility Agreement, www.sec.gov, Loan Facility Agreement (Seadrill Partners LLC)

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Scheduled Repayments. The Borrower shall repay the each Commercial Facility Loan made to it by consecutive quarterly repayments as set out in Schedule 5 (Repayments and Reductions) and the first repayment shall occur 3 months from the First Utilisation Date.

Appears in 3 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Seadrill Partners LLC), Credit Facility Agreement (Seadrill Partners LLC)

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Scheduled Repayments. The Borrower shall repay the Term Loan made to it by consecutive quarterly repayments as set out in Schedule 5 schedule 8 (Repayments and Reductions) and the first repayment shall occur 3 months from after the First Utilisation Date.

Appears in 1 contract

Samples: Credit Facility Agreement (North Atlantic Drilling Ltd.)

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