Mandatory Repayment definition

Mandatory Repayment means the repayment of all or any part of the Loan which the Borrower is obliged to effect in accordance with Section 8.2;

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Mandatory Repayment shall have the meaning set forth in Section 2(h)(i) hereof.

Mandatory Repayment shall have the meaning set forth in Section 3(f) hereof.

Examples of Mandatory Repayment in a sentence

• SECTION 5.1. Mandatory Repayment of Monthly Loan Principal Amount of Loans.

• Each time a payment, repayment, prepayment or Mandatory Repayment is due on a day that is not a Business Day, it shall be made on the following Business Day.

• All Notes for which the full Mandatory Repayment Amount hereunder shall have been paid in accordance herewith shall promptly be surrendered to or as directed by the Company.

• With respect to any Mandatory Repayment, Administrative Agent shall communicate to such Borrower in writing one (1) Business Day prior to the related Repayment Date its calculation of the Repayment Amount.

• Upon deposit of any amounts in the Collection Account in connection with such Mandatory Repayment, the Borrower Representative shall notify the Administrative Agent, the Lenders, the Calculation Agent and the Paying Agent of the deposit and amount thereof, the purpose for which it was deposited, the identity of the related SF Property, and the Advances Outstanding therefor.

More Definitions of Mandatory Repayment

Mandatory Repayment. In certain events (as defined in the Senior Multicurrency Term and Revolving Facility Agreement) for any accounting year, the Company has the obligation of prepayment of certain amounts.

Mandatory Repayment shall have the meaning set forth in Section 2(h)(i) hereof. “Margin Stock” shall have the meaning assigned to that term in Regulation U of the Board of Governors of the Federal Reserve System as in effect from time to time.

Mandatory Repayment. A repayment in whole or in part of the Class A-R Notes in accordance with Section 9.

Mandatory Repayment a repayment of the Advance (or part thereof) required under Clause 7(c); “Optional Repayment’ - a repayment of the Advance (or part thereof) which may be made under Clause 7(e); “Schedule” - the schedule to this Appendix; ‘Scheduled Repayment” - a repayment of the Advance (or part thereof) required under Clause 7(b)(i) or (ii);

Mandatory Repayment is defined in Section 8.1.

Mandatory Repayment. Notwithstanding any other provision of this Agreement, if there is:-

Mandatory Repayment shall have the meaning set forth in Section 8(a).