Repayment of loans definition

Repayment of loans. Notwithstanding their rights pursuant to sub-section 5.1 in and to Letters of Credit and the proceeds thereof, Pool Creditors agree that if:
Sample 1
Repayment of loans. The Parties acknowledge that the Executive is indebted to the Corporation in the amount of CA$ 906,750 pursuant to the letter agreement between Abitibi-Consolidated Inc. and the Executive dated September 10,1999, which amount shall be repaid pursuant to Section 3(a)(i) of this Amendment.”
Sample 1
Repayment of loans. The Borrower shall repay to the Administrative Agent for the ratable account of the Lenders on the Maturity Date the aggregate principal amount of all Term B-1 Loans outstanding on such date. In the event any Incremental Term Loans, Other Term Loans or Extended Term Loans are made, such Incremental Term Loans, Other Term Loans or Extended Term Loans, as applicable, shall be repaid by the Borrower in the amounts and on the dates set forth in the Incremental Amendment, Refinancing Amendment or Extension Amendment with respect thereto and on the applicable Maturity Date thereof. The Borrower shall repay to the Administrative Agent for the ratable account of the Lenders with Initial Term Loans, the aggregate principal amount of all Initial Term Loans on the Amendment No. 1 Effective Date, with a like amount of the gross proceeds of Term B-1 Loans made by the Additional Term B-1 Lender pursuant to Section 2.01(b), concurrently with receipt thereof.”
Sample 1

Examples of Repayment of loans in a sentence

  • Repayment of loans shall continue as specified under the loan agreement, until all loan obligations have been satisfied.

  • Repayment of loans shall continue as specified under the loan agreement until all loan obligations have been satisfied.

  • Repayment of loans secured by commercial real estate and farmland is often dependent on the successful operation or management of the properties, making collectability of such loans subject to adverse economic or real estate market conditions.

  • Repayment of loans made to a Participant and buy-backs of cash-outs as described in Code Section 411(a)(7)(B) will not be considered Annual Additions as described in Regulations Section 1.415-6(b)(6).

  • Repayment of loans made under this section must be completed within 20 years.

  • Repayment of loans shall begin within one year after project completion, and loans shall be fully amortized over not more than 20 years after project completion (40 CFR sections 35.3110(b) and 35.3120(a) and the policy statement titled Transfer and Cross-Collateralization of Clean Water Revolving Funds and Drinking Water State Revolving Funds published in the October 13, 2000, Federal Register (65 FR 60940)).

  • Repayment of loans by the subsidiary entities is dependent upon proceeds realised by the subsidiary entities from investment transactions and/or net cash generated from operating activities.Ageing of financial assetsThe following table assesses the ageing of the carrying amount of the Consolidated Entity’s financial assets at the reporting date and details any financial assets that are individually impaired.

  • Repayment of loans is subject to the Directors’ assessment of the Group’s requirements and availability of appropriate liquid resources.

  • Repayment of loans (credits), as well as execution of obligations under other transactions subject to credit risk, can be secured by forfeit, pledge, including money pledge accepted as collateral and placed on the relevant bookkeeping account, guarantee, surety and other means provided by the legislation of the Republic of Kazakhstan or the contract of bank loan.

  • Repayment of loans shall begin within one year after project completion, and loans shall be fully amortized over not more than 20 years after project completion, with the exception that loans to qualified disadvantaged communities can be amortized over 30 years (40 CFR sections 35.3525(a) and (b)(3)).


More Definitions of Repayment of loans

Repayment of loans of the Original Loan Agreement is hereby deleted in its entirety and the following is hereby inserted in lieu thereof:
Sample 1

Related to Repayment of loans

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Mandatory Prepayments means the prepayments of the Loans required by Section 3.5 hereof.

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loan as defined in Section 2.1.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Waivable Mandatory Prepayment as defined in Section 2.15(c).

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).