Loans definition
Examples of Loans in a sentence
Each such prepayment of the Loans shall be applied ratably to the scheduled principal payments of the Loans.
The Obligors, the Agent and the other Finance Parties will be entitled to deal only with the Designating Lender, except that payments will be made in respect of Designated Loans to the Facility Office of the Substitute Affiliate Lender.
Any prepayment of a Loan pursuant to Clause 8.5 (Voluntary prepayment of Facility A Loans), Clause 8.6 (Voluntary prepayment of Facility B Loans) or Clause 8.7 (Voluntary prepayment of Facility C Loans) shall be applied pro rata to each Lender's participation in that Loan.
Any prepayment of a Loan pursuant to Clause 12.5 (Voluntary prepayment of Revolving Facility Loans) shall be applied pro rata to each Lender’s participation in that Loan.
If the Total Commitments have been cancelled pursuant to this paragraph 12.3, the Borrowers shall repay all outstanding Loans within 30 days of the date of such cancellation.