Duration and Repayment Sample Clauses

Duration and Repayment. Notwithstanding the voluntary early repayment right and/or the obligation of mandatory early repayment as described below, the total repayment of any Loan amount due as Capital Amount, interests (if due), expenses and extra costs shall be carried out by the Borrower as a single payment by and no later than the day following the date in which the Purchaser has paid the Price to the Common Account (the “Expiration Date”). The Borrower hereby instructs the Company to retain, on the Expiration Date, from the Price paid by the Purchaser to the Common Account, an amount equal to any sum due by the Borrower to the Company in accordance with this paragraph 6.
Sample 1
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Duration and Repayment. The Loan shall be granted until September 30, 2010. The Borrower shall be entitled to repay all or any portion, without penalty at any time prior to the end of the loan period without further notice, beginning upon granting of the Loan. The Borrower and eleven sister companies are in negotiations with Norddeutsche Landesbank Girozentrale, Hannover, Germany, (“Nord/LB”) about additional financing of abt. EUR 10,000,000.00. NORD/LB is currently requesting additional abt. EUR 18,000,000.00 to be borne by the shareholders. If such additional financing will be made available prior to September 30, 2010, the Loan shall be repayable immediately after draw down of the additional financing. Annex l
Sample 1
Duration and Repayment. This Agreement is effective on 22.9.2006. The maturity date of the loan is 31.12.2009. Principal shall be repaid on the following dates in the following amounts: 31.12.2007: US$ 15’000’000 31.12.2008: US$ 15’000’000 31.12.2009: US$ 15’000’000 Utilization: In the form of fixed advances in US$ in tranches of a minimum amount of US$ 5’000’000 and in a multiple of US$ 1’000’000, with a maximum term of 39 month, but in any event not exceeding the 31.12.2009. In case of termination of this Agreement the repayment of the principal amount including all interests due shall be immediately due and payable to the account of Habasit Holding AG.
Sample 1
Duration and Repayment 
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Related to Duration and Repayment

  • Mandatory Loan Repayments If at any time the aggregate principal amount of the outstanding Advances shall exceed the applicable Borrowing Base, Borrower, immediately upon written or oral notice from Lender, shall pay to Lender an amount equal to the difference between the outstanding principal balance of the Advances and the Borrowing Base. On the Expiration Date, Borrower shall pay to Lender in full the aggregate unpaid principal amount of all Advances then outstanding and all accrued unpaid interest, together with all other applicable fees, costs and charges, if any, not yet paid.

  • Loan Repayment Upon the terms and conditions of this Agreement, the Issuer agrees to make the Loan to the Company. The proceeds of the Loan shall be deposited with the Trustee pursuant to Section 3.3 hereof. In consideration of and in repayment of the Loan, the Company shall make, as Loan Payments, to the Trustee for the account of the Issuer, payments which correspond, as to time, and are equal in amount as of the Loan Payment Date, to the corresponding Bond Service Charges payable on the Bonds. All Loan Payments received by the Trustee shall be held and disbursed in accordance with the provisions of the Indenture and this Agreement for application to the payment of Bond Service Charges. The Company shall be entitled to a credit against the Loan Payments required to be made on any Loan Payment Date to the extent that the balance of the Bond Fund is then in excess of amounts required (a) for the payment of Bonds theretofore matured or theretofore called for redemption, or to be called for redemption pursuant to Section 6.1 hereof (b) for the payment of interest for which checks or drafts have been drawn and mailed by the Trustee or Paying Agent, and (c) to be deposited in the Bond Fund by the Indenture for use other than for the payment of Bond Service Charges due on that Loan Payment Date. Except for such interest of the Company as may hereafter arise pursuant to Section 8.2 hereof or Sections 5.06 or 5.07 of the Indenture, the Company and the Issuer each acknowledge that neither the Company, the State nor the Issuer has any interest in the Bond Fund or the Bond Purchase Fund, and any moneys deposited therein shall be in the custody of and held by the Trustee in trust for the benefit of the Holders.

  • Repayment If no repayment right is set forth on the face hereof, this Note may not be repaid at the option of the Holder hereof prior to the Stated Maturity Date. If a repayment right is granted on the face of this Note, this Note may be subject to repayment at the option of the Holder on any Interest Payment Date on and after the date, if any, indicated on the face hereof (each, a “Repayment Date”). On any Repayment Date, unless otherwise specified on the face hereof, this Note shall be repayable in whole or in part in increments of $1,000 at the option of the Holder hereof at a repayment price equal to 100% of the Principal Amount to be repaid, together with interest thereon payable to the Repayment Date. For this Note to be repaid in whole or in part at the option of the Holder hereof, this Note must be received by the Indenture Trustee, with the form entitled “Option to Elect Repayment”, below, duly completed by the Indenture Trustee. Exercise of such repayment option by the Holder hereof shall be irrevocable. In the event of a repayment of this Note in part only, a new Note for the portion hereof not repaid shall be issued in the name of the Holder hereof upon the surrender hereof.

  • Indemnities regarding borrowing and repayment of Loan The Borrowers shall fully indemnify the Agent and each Lender on the Agent’s demand and the Security Trustee on its demand in respect of all claims, expenses, liabilities and losses which are made or brought against or incurred by that Creditor Party, or which that Creditor Party reasonably and with due diligence estimates that it will incur, as a result of or in connection with:

  • Mandatory Repayments (a) On any day on which the sum of (I) the aggregate outstanding principal amount of all Revolving Loans (after giving effect to all other repayments thereof on such date), (II) the aggregate outstanding principal amount of all Swingline Loans (after giving effect to all other repayments thereof on such date) and (III) the aggregate amount of all Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall prepay on such day the principal of Swingline Loans and, after all Swingline Loans have been repaid in full or if no Swingline Loans are outstanding, Revolving Loans in an amount equal to such excess. If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Loans, the aggregate amount of the Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall pay to the Administrative Agent at the Payment Office on such day an amount of cash and/or Cash Equivalents equal to the amount of such excess (up to a maximum amount equal to the Letter of Credit Outstandings at such time), such cash and/or Cash Equivalents to be held as security for all Obligations of the Borrower to the Issuing Lenders and the Lenders hereunder in a cash collateral account to be established by the Administrative Agent.

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