Repayment of Facility A Loans Clause Examples
The 'Repayment of Facility A Loans' clause sets out the terms and conditions under which borrowers must repay the principal and interest of loans provided under Facility A. Typically, this clause details the repayment schedule, such as fixed installments or bullet payments, and may specify due dates, permitted methods of payment, and any prepayment options or penalties. Its core function is to ensure both parties have a clear understanding of the repayment obligations, thereby reducing the risk of disputes and providing predictability for financial planning.
POPULAR SAMPLE Copied 1 times
Repayment of Facility A Loans. (a) The Borrower shall repay the Facility A Loans in instalments by repaying on each date specified in the table below (each a “Facility A Repayment Date”) an amount that reduces the aggregate outstanding Facility A Loans by a proportion of the aggregate outstanding Facility A Loans as at the close of business on the last day of the Facility A Availability Period, which proportion is set out in the table below beside such Facility A Repayment Date:
Repayment of Facility A Loans. (a) The Company shall repay the Facility A Loan on the Facility A Repayment Date.
(b) The Company may not reborrow any part of Facility A which is repaid.
Repayment of Facility A Loans. Each Borrower must repay the Facility A Loans in full on the Final Maturity Date for Facility A.
Repayment of Facility A Loans. (a) The Facility A Loans shall be repaid by Borrowers which have drawn the Facility A Loans on the following dates in an aggregate amount equal to the amounts set out in the following table:
Facility A Repayment Date Facility A Repayment Instalment (€)
(b) If the aggregate amount of the Facility A Loans outstanding at the end of the Availability Period for Facility A is less than €300,000,000, the amount of the Facility A Repayment Instalments shall be reduced in inverse chronological order.
(c) If, in relation to a Facility A Repayment Date, the aggregate amount of the Facility A Loans made to the Borrowers exceeds the Facility A Repayment Instalment to be repaid by the Borrowers, the Company may, if it gives the Agent not less than five Business Days’ prior notice, select which of those Facility A Loans will be wholly or partially repaid so that the Facility A Repayment Instalment is repaid on the relevant Facility A Repayment Date in full. The Company may not make a selection if as a result more than one Facility A Loan will be partially repaid.
(d) No Borrower may reborrow any part of Facility A which is repaid.
Repayment of Facility A Loans. (a) The Facility A Loans outstanding at the end of the Availability Period for Facility A shall be repaid on the following dates in the following amounts:
Facility A Repayment Date (months after the Original Signing Date) Facility A Repayment Instalment (EUR)
(b) No Borrower may reborrow any part of Facility A which is repaid.
Repayment of Facility A Loans. (a) The Borrower shall repay the aggregate Facility A Loans in instalments by repaying on each Facility A Repayment Date an amount which reduces the outstanding aggregate Facility A Loans by an amount equal to the relevant percentage of the outstanding amount of all the Facility A Loans borrowed by the Borrower as at 30 June 2019 (and for the avoidance of doubt, after taking into account the repayment instalment made by the Borrower in respect of that date) as set out in Part I of Schedule 9 (Repayment Schedule). WTL/1019005126/Third Amended and Restated FA
(b) If, in relation to a Facility A Repayment Date, the aggregate amount of the Facility A Loans made to the Borrower exceeds the Facility A Repayment Instalment to be repaid by the Borrower, the Borrower may, if it gives the Agent not less than five Business Days’ prior notice, select which of those Facility A Loans will be wholly or partially repaid so that the Facility A Repayment Instalment is repaid on the relevant Facility A Repayment Date in full. The Borrower may not make a selection if as a result more than one Facility A Loan will be partially repaid.
(c) If the amount of the Facility A Loans outstanding on any Facility A Repayment Date is less than the Facility A Repayment Instalment due on that date, the Borrower shall repay the remaining outstanding Facility A Loans on that date. If on the Facility A Termination Date, any Facility A Loan remains outstanding, the Borrower shall repay it on that date.
(d) The Borrower may not reborrow any part of Facility A which is repaid.
Repayment of Facility A Loans. (a) EDC WGQ shall repay the Facility A Loans in instalments by repaying on each date specified in the table below (each a “Facility A Repayment Date”) an amount that reduces the aggregate outstanding Facility A Loans by a proportion of the aggregate outstanding Facility A Loans as at the close of business on the last day of the Facility A Availability Period, which proportion is set out in the table below beside such Facility A Repayment Date:
Facility A Repayment Date Percentage
(b) Without prejudice to paragraph (a), all of the Facility A Loans must be repaid in full on the Facility A Maturity Date.
(c) EDC WGQ may not reborrow any part of Facility A which is repaid.
Repayment of Facility A Loans. Subject to Clause 8 (Conversion of Facility A), the Borrowers shall repay each Facility A Loan on the last day of its Interest Period. If such Loan is to be refinanced with a Rollover Loan, the amount of each Facility A Loan required to be repaid shall be set off against the amount of the applicable Rollover Loan. All Facility A Loans shall be repaid on, or prior to, the Termination Date relating thereto.
Repayment of Facility A Loans. (a) Subject to paragraph (b) below, the Company shall repay each Facility A Loan on its Final Maturity Date.
(b) If it exercises the Extension Option in relation to a Loan under the A Facility in accordance with Clause 6.3 (Extension Option), the Company shall repay that Loan under the A Facility on its Final Maturity Date as extended by that Clause.
Repayment of Facility A Loans. (a) The Facility A Loans outstanding at the end of the Availability Period for Facility A shall be repaid by each Borrower that has drawn a Facility A Loan in 10 equal six monthly instalments. One instalment shall fall due on each Facility A Repayment Date.
(b) No Borrower may reborrow any part of Facility A which is repaid.
(c) All Facility A Loans then outstanding will be repaid on the Termination Date.