Example ContractsClausesRepayment of Facility
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Repayment of Facility. The Revolving Credit Termination Balance and all other unpaid Obligations shall be paid in full by the Borrowers on the Termination Date.

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Facility. is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Parties from time to time, the purchase of Shelf pursuant to this Agreement. The willingness of to consider such purchase of Shelf is herein called the “Facility.” At any time, subject to the additional limitations in [Section 2(b)], the aggregate principal amount of Shelf stated in [Section 1], minus the aggregate principal amount of Shelf purchased and sold pursuant to this Agreement prior to such time, minus the aggregate principal amount of Accepted (as hereinafter defined) which have not yet been purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time. NOTWITHSTANDING THE WILLINGNESS OF TO CONSIDER PURCHASES OF SHELF BY PARTIES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER NOR ANY PARTY SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF , OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF , AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY OR ANY PARTY.

"Repayment Date" means a Facility A Repayment Date or a Facility B Repayment Date.

Prior to determining the interest rate for a Facility A Loan or a Facility B Loan, the Agent may shorten an Interest Period for any Facility A Loan or Facility B Loan (as applicable) to ensure there are sufficient Facility A Loans (with an aggregate amount equal to or greater than the relevant Facility A Repayment Instalment) or Facility B Loans (with an aggregate amount equal to or greater than the relevant Facility B Repayment Instalment) (as applicable) which have an Interest Period ending on a Facility A Repayment Date or Facility B Repayment Date (as applicable) for the Borrowers to make the relevant Facility A Repayment Instalment or Facility B Repayment Instalment due on that date.

Repayment. The Note may be repaid at an amount equal to 100% of the aggregate of the outstanding principal balance of the Note and accrued and unpaid interest. The shall provide at least 3 days’ prior written notice to the Holder, during which time the Holder may convert the Note in whole or in part.

Repayment. The Borrower hereby unconditionally promises to pay the Loans as follows:

Repayment. The Borrower promises to pay the Term Loan then outstanding on the Maturity Date.

"Facility A Repayment Instalment" means each of the repayment instalments set out in paragraph # of Clause 6.1 (Repayment of Term Loans) opposite the relevant Facility A Repayment Date.

The Borrowers shall repay the Facility A Loans in instalments by repaying on each Facility A Repayment Date the amount set out opposite that Facility A Repayment Date below:

If any of the Facility A Loans are prepaid in accordance with Clause 7.5 (Right of cancellation and repayment in relation to a single Lender) or Clause 7.1 (Illegality) then the amount of the Facility A Repayment Instalment for each Facility A Repayment Date falling after that prepayment will reduce pro rata by the amount of the Facility A Loan.

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