Repayment and Prepayment definition

Repayment and Prepayment. Same as Wilpinjong Term Loan Agreement; provided that PEC may apply a ratable portion (based on the aggregate principal amount of Wilpinjong Notes and aggregate principal amount of the Wilpinjong Term Loans outstanding at the time of prepayment) of mandatory prepayments to the Wilpinjong Term Loans to the extent required under the Wilpinjong Term Loan Agreement. Security: Same as Wilpinjong Term Loan Agreement.
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Examples of Repayment and Prepayment in a sentence

  • Clause 8 (Repayment and Prepayment) shall apply in relation to the prepayment.

  • The provisions of Clause 8 (Repayment and Prepayment) shall apply in relation to the prepayment.

  • Subject to Clause 8 (Write Down), the Borrower will (unless the Loan has been prepaid in accordance with Clause 6 (Repayment and Prepayment)) pay interest in U.S. Dollars to the Lender on the outstanding principal amount of the Loan from (and including) the Closing Date and thereafter from (and including) each Interest Payment Date, in each case to (but excluding) the next Interest Payment Date at the Interest Rate.

  • SECTION 2.4 Repayment and Prepayment of Revolving Credit and Swingline Loans.

  • Amortised Repayment and Prepayment In relation to the Admiral Portfolio Loan and the Halton Lea Shopping Centre Loan, amortised repayments of the loan made prior to the final repayment date and prior to a Material Senior Default, are for the account of the Junior Lenders and any voluntary prepayments prior to a Material Senior Default, are for the account of the Senior Lenders and the Junior Lenders on a pro rata basis.

  • In respect of an amount due to be repaid under Clause 8 (Repayment and Prepayment) on a particular Repayment Date, an Interest Period shall end on that Repayment Date.

  • Furthermore, we submit that these arrangements are not marketable in any ARFP jurisdiction and are not globally competitive or congruent with Australia’s aspirations of becoming a global financial centre and exporting fund management services to the rest of the world and in particular Asia.

  • Repayment and Prepayment: 1) Payable in full on the maturity date.

  • Repayment and Prepayment: Same as Wilpinjong Term Loan Agreement; provided thatPEC may apply a ratable portion (based on the aggregateprincipal amount of Wilpinjong Notes and aggregate principal amount of the Wilpinjong Term Loans outstanding at the time of prepayment) of mandatory prepayments to the Wilpinjong Term Loans to the extent required under the Wilpinjong Term Loan Agreement.

  • Repayment and Prepayment: 1) Payable in full on the maturity date with noamortization.

Related to Repayment and Prepayment

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Mandatory Prepayments means the prepayments of the Loans required by Section 3.5 hereof.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Voluntary Prepayment means a prepayment of principal of Term Loans pursuant to Section 2.05(a) in any year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans as set forth in Section 2.07 in any subsequent year.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.