REPAYMENT OF CAPITAL EXPENDITURE FACILITY Sample Clauses

REPAYMENT OF CAPITAL EXPENDITURE FACILITY. 7.3.1 Each Borrower shall repay the Capital Expenditure Facility by paying the Agent on each date set out under Column A below (each a "CAPITAL EXPENDITURE FACILITY REPAYMENT DATE") that amount (each a "CAPITAL EXPENDITURE FACILITY REPAYMENT INSTALMENT") equal to (A X B) where: A= the aggregate amount of Capital Expenditure Facility Loans as at the expiry of the Availability Period; and B= the percentage specified in Column B below corresponding to the relevant Capital Expenditure Facility Repayment Date, so that the Capital Expenditure Facility is repaid in full on or before the Final Repayment Date. -------------------------------------------------------------------------------- COLUMN A COLUMN B CAPITAL EXPENDITURE FACILITY REPAYMENT DATES % -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 30 June 2003 10% -------------------------------------------------------------------------------- 31 December 2003 10% -------------------------------------------------------------------------------- 30 June 2004 10% -------------------------------------------------------------------------------- 31 December 2004 10% -------------------------------------------------------------------------------- 30 June 2005 10% -------------------------------------------------------------------------------- 31 December 2005 10% -------------------------------------------------------------------------------- 30 June 2006 10% -------------------------------------------------------------------------------- 31 December 2006 10% -------------------------------------------------------------------------------- 30 June 2007 10% -------------------------------------------------------------------------------- 31 December 2007 10% --------------------------------------------------------------------------------
Sample 1
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REPAYMENT OF CAPITAL EXPENDITURE FACILITY. 7.3.1 Each Borrower shall repay the Capital Expenditure Facility by paying the Agent on each date set out under Column A below (each a "CAPITAL EXPENDITURE FACILITY REPAYMENT DATE") that amount (each a "CAPITAL EXPENDITURE FACILITY REPAYMENT INSTALMENT") equal to (A X B) where: A = the aggregate amount of Capital Expenditure Facility Loans as at the expiry of the Availability Period; and B = the percentage specified in Column B below corresponding to the relevant Capital Expenditure Facility Repayment Date, so that the Capital Expenditure Facility is repaid in full on or before the Final Repayment Date. COLUMN A COLUMN B CAPITAL EXPENDITURE FACILITY REPAYMENT DATES % --------------------------------------------------------- 30 June 2003 10% 31 December 2003 10% 30 June 2004 10%
Sample 1

Related to REPAYMENT OF CAPITAL EXPENDITURE FACILITY

  • Repayment of Cash To repay the cash delivered to the Fund for the purpose of collateralizing the obligation to return to the Fund certificates borrowed from the Fund representing Portfolio Securities, but only upon redelivery to the Bank of such borrowed certificates.

  • Disbursements from Replacement Reserve Account (a) Lender shall make disbursements from the Replacement Reserve Account to pay Borrower only for the costs of the Replacements. Lender shall not be obligated to make disbursements from the Replacement Reserve Account to reimburse Borrower for the costs of routine maintenance to the Property or for costs which are to be reimbursed from the Required Repair Fund (if any).

  • Status of Capital Contributions (a) No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account, except as otherwise specifically provided in this Agreement.

  • Reduction or loss of capital a meeting is convened by any Security Party for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital; or

  • Investment of Cash Collateral Pursuant to the SLA, the Client shall have the right to invest Cash Collateral received in respect of any loan, subject to an obligation, upon the termination of the loan, to return to the Approved Borrower the amount of cash initially pledged (as adjusted for any interim marks-to-market).

  • Debt Service Reserve Account The Debt Service Reserve Account shall have been funded (or credited with funds), to the extent required, in an amount equal to the Debt Service Reserve Required Amount in accordance with the Depositary Agreement.

  • Balance in the Replacement Reserve Account The insufficiency of any balance in the Replacement Reserve Account shall not relieve Borrower from its obligation to fulfill all preservation and maintenance covenants in the Loan Documents.

  • Return of Capital Contribution From time to time the Partnership may have cash in excess of the amount required for the conduct of the affairs of the Partnership, and the General Partner may, with the Consent of the Special Limited Partner, determine that such cash should, in whole or in part, be returned to the Partners, pro rata, in reduction of their Capital Contribution. No such return shall be made unless all liabilities of the Partnership (except those to Partners on account of amounts credited to them pursuant to this Agreement) have been paid or there remain assets of the Partnership sufficient, in the sole discretion of the General Partner, to pay such liabilities.

  • Distributions of Cash Flow Cash flow for each taxable year of the Company shall be distributed to the Member at such times and in such amounts as the Member shall determine.

  • Maintenance of Capital Accounts The Company shall maintain a Capital Account for each Member on the books of the Company in accordance with the provisions of Treasury Regulations Section 1.704-1(b)(2)(iv) and, to the extent consistent with such provisions, the following provisions:

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