Example ContractsClausescash collateral, repayment of swing loansVariants
Cash Collateral, Repayment of Swing Loans
Cash Collateral, Repayment of Swing Loans contract clause examples

. The Parties shall repay to the [[Administrative Agent:Organization]] # for the benefit of the Delayed Draw Term Loan Lenders on the Maturity Date for the Delayed Draw Term Loan Facility, the aggregate principal amount of all Delayed Draw Term Loans outstanding on such date, and # if any Incremental Term Facility is in effect, for the benefit of the Term Facility Lenders on the maturity date for such Incremental Term Facility, the aggregate principal amount of all Term Loans outstanding on such date, under such Incremental Term Facility.

The Borrower shall pay to the Administrative Agent, for the account of the Delayed Draw Term Loan A [[Organization B:Organization]] on the last day of each calendar quarter (or, if an such date is not a Business Day, on the immediately following Business Day) (each such date, a “Delayed Draw Term Loan A Repayment Date”), commencing on May 31, 2024 2025, a principal amount of the funded Delayed Draw Term A Loans equal to 0.25% of the original aggregate principal amount of each funded Delayed Draw Term A Loan, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.

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