Common use of Scheduled Repayments Clause in Contracts

Scheduled Repayments. The Borrower shall repay each Eksportfinans Loan and each Commercial Facility Loan made to it by consecutive quarterly repayments as set out in Schedule 7 (Repayments and Reductions) and the first repayment shall occur 3 months from the First Utilisation Date.

Appears in 4 contracts

Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

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Scheduled Repayments. The Borrower shall repay each Eksportfinans Loan and each Commercial Facility Loan made to it by consecutive quarterly repayments as set out in Schedule 7 (Repayments and ReductionsRepayments) and the first repayment shall occur 3 three (3) months from the First Utilisation Date.

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

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