Repayment of the Revolving Loan. In the event the Revolving Loan at any time exceeds the Borrowing Base, the Borrower will immediately, upon notification thereof from the Lender, repay to the Lender the amount by which the Revolving Loan exceeds the Borrowing Base. All advances under the Revolving Loan shall be evidenced by the Promissory Note from Borrower to the order of Lender of even date herewith in the Revolving Loan amount (the "Revolving Note") or Borrower will, upon reasonable request of the Lender, execute a promissory note evidencing the advance, such note to be in such form and to contain such provisions as the Lender shall deem desirable. Each advance shall be recorded in an account on the Lender's books in which shall also be recorded accrued interest on advances, payments on such advances, and other appropriate debits and credits as herein provided, and such account shall constitute prima facie evidence of the information contained therein.
Repayment of the Revolving Loan. The Borrower will pay interest on the Revolving Loan on the first (1st) day of each month, commencing on the first (1st) Monthly Payment Date following the date on which the first Advance is made on the Revolving Loan, and continuing on each Monthly Payment Date thereafter until the Revolving Loan Maturity Date. On the Revolving Loan Maturity Date, the amount of the then unpaid principal balance of the Revolving Loan and any and all other amounts due and owing hereunder or under any other Loan Document relating to the Revolving Loan will be due and payable. If any Payment Date is not a Business Day, then the principal installment then due shall be paid on the next Business Day and shall continue to accrue interest until paid.
Repayment of the Revolving Loan. To the extent not otherwise required to be paid earlier as provided herein, Borrower shall repay the Revolving Loan on the Maturity Date.
Repayment of the Revolving Loan. Principal on the Revolving Loan shall be due and payable on the Maturity Date. On the Maturity Date, Borrower will pay to Administrative Agent, for the ratable benefit of each Lender, all of the monetary Obligations outstanding on that date (other than Obligations that may continue past the Maturity Date under the terms of the Swap Agreement) and perform or otherwise satisfy all other Obligations then outstanding.
Repayment of the Revolving Loan. The Borrower shall repay all outstanding Revolving Advances on the Maturity Date; provided that the aggregate amount of the balloon installment payable pursuant to Clause 8.1(b) and the outstanding Revolving Advances shall not exceed $196,875,000.
Repayment of the Revolving Loan. The Revolving Loan shall be repaid as follows: (a) the outstanding principal amount of, and all accrued and unpaid interest on, the Revolving Loan is due and payable on the Termination Date; (b) if at any time the principal of, and interest upon, the Revolving Loan exceeds the lesser of (i) the Committed Sum, or (ii) the Borrowing Base, Borrower shall repay the Revolving Loan in the amount of such excess. LOAN AND SECURITY AGREEMENT - Page 9 ---------------------------
Repayment of the Revolving Loan. On the first day of each month during the term of the Revolving Loan Note (or, if a rate of interest based upon the LIBOR Rate is selected by Borrower, then upon the last day of the applicable LIBOR Interest Period), Borrower shall pay accrued interest to the Bank as described in the Revolving Loan Note. Furthermore, Borrower hereby authorizes Bank to apply all monies received by it on behalf of Borrower pursuant to a Wholesale Lockbox Mail Service Agreement to be applied against all outstanding principal under the Revolving Loan when such monies are received.
Repayment of the Revolving Loan. The Revolving Loan shall be repaid as follows: (a) the outstanding principal amount of, and all accrued and unpaid interest on, the Revolving Loan is due and payable on the Termination Date; (b) if at any time the aggregate unpaid principal amount of the Revolving Loan exceeds the lesser of (i) the Committed Sum MINUS the Financial Accommodations Reserve and MINUS the Reserve, or (ii) the Borrowing Base, Borrower shall repay the Revolving Loan in the amount of such excess, together with accrued and unpaid interest on the amount repaid to the date of repayment; and (c) the Borrower hereby instructs the Lender to repay the Revolving Loan on any day in an amount equal to the amount received by the Lender on such day pursuant to SECTION 6.3.
Repayment of the Revolving Loan. The Revolving Loan shall be repaid as follows: (a) the outstanding principal amount of, and all accrued and unpaid interest on, the Revolving Loan is due and payable on the Termination Date; (b) if at any time the principal of, and interest upon, the Revolving Loan exceeds the lesser of (i) the Committed Sum, or (ii) the Borrowing Base, Borrower shall repay the Revolving Loan in the amount of such excess; and (c) Borrower hereby instructs Lender to repay the Revolving Loan on any day in an amount equal to the amount received by Lender on such day pursuant to SECTION 6.3.
Repayment of the Revolving Loan. The Borrower shall repay the outstanding principal amount of the Revolving Loan (together with all accrued but unpaid interest thereon) in full on the Commitment Termination Date.
