Examples of Mandatory Principal Payments in a sentence
Types of Advances; Mandatory Principal Payments; Final Maturity.......................................24 SECTION 2.03.
THE CREDIT Section 2.1 Revolving Credit Loans Section 2.2 Ratable Loans Section 2.3 Payment on Last Day of Interest Period Section 2.4 Reborrowing of Advances Section 2.5 Optional Principal Payments Section 2.6 Mandatory Principal Payments Section 2.7 Adjustments of Commitments.
THE NOTES – MATURITY; INTEREST AND FEES; PRINCIPAL PAYMENTS 35 3.1 Maturity 35 3.2 Fees and Interest 35 3.3 Mandatory Principal Payments and Prepayments 37 3.4 Application of Mandatory Payments 41 3.5 Taxes 41 3.6 General Provisions Regarding Payment 43 SECTION 4.
Administrative Agent shall promptly provide a copy of such notice to each Bank.Repayment of principal pursuant to this Section 2.5 shall be applied to prepay the outstanding Loans, pro rata, and shall be accompanied by accrued and unpaid interest thereon.Section 2.6 Mandatory Principal Payments.
This Agreement also provides for interest at a Default Rate, Late Charges, Mandatory Principal Payments, and prepayment rights and fees.