Repayment definition
Examples of Repayment in a sentence
The amount of principal repayable on each Repayment Date is the amount set out opposite that Repayment Date in Schedule 1; provided that, if the aggregate amount of Disbursements made up to and including the Final Disbursement Date is less than the Total Commitment Amount, then each amount of principal set forth on Schedule 1 shall be ratably reduced in proportion to such amount.
Securities of any series subject to repayment in whole or in part at the option of the Holders thereof will, unless otherwise provided in the terms of such Securities, be repaid at the Repayment Price thereof, together with interest, if any, thereon accrued to the Repayment Date specified in or pursuant to the terms of such Securities.
The Borrower shall repay the portion of the principal that is actually disbursed under the Credit Facility in sixteen (16) successive semi-annual installments, with each such installment to be payable on a Repayment Date; provided that, on the Final Maturity Date, the Borrower shall repay in full the principal amount of the Credit Facility then outstanding.
Subject to the same conditions, the Borrower may, at any time on or before the date falling four (4) Months prior to the Final Repayment Date After First Extension, deliver a further Extension Notice to the Agent requesting an additional one (1) year extension from the Final Repayment Date After First Extension ("Final Repayment Date After Second Extension").
Evidence that (i) the Borrower has irrevocably appointed as its agent for service of process the Person or Persons so specified in Section 12.03; and (ii) each such agent has accepted the appointment (and been paid in full) for a term extending at least one year beyond the scheduled final Repayment Date and has agreed to forward forthwith to the Borrower all legal process addressed to the Borrower received by such agent.