Example ContractsClausesRepayment of Term Loans
Repayment of Term Loans
Repayment of Term Loans contract clause examples

Repayment of Loans. (a) Revolving Credit Loans. The Borrower shall repay to the Revolving Credit Lenders on the Maturity Date for the Revolving Credit Facility the aggregate principal amount of all Revolving Credit Loans outstanding on such date.

The Borrower shall repay the Initial Term Loans on the last day of each March, June, September and December, beginning with March 31, 2020 and ending with the last such day to occur prior to the Maturity Date, in an aggregate principal amount for each such date (as such amount shall be adjusted pursuant to Section 2.17(b) hereof) equal to the aggregate principal amount of the Initial Term Loans outstanding on the Closing Date multiplied by 0.25%.

. The Term Loans of each Term Lender shall mature in quarterly installments commencing on June 30, 2018, such that the amount of each installment equals such Lender’s Term Percentage multiplied by the amount set forth in the table below, provided that, notwithstanding the above, the remaining principal balance as of the Term Loan Maturity Date shall be due and payable on the Term Loan Maturity Date:

. (a) The Tranche A Term Loan of each Tranche A Term Lender shall mature in consecutive quarterly installments, payable on the last day of each fiscal quarter, beginning with the fiscal quarter ending on December 31, 2021, each of which shall be in an amount equal to such Lender’s Tranche A Term Percentage multiplied by the amount set forth below opposite such installment:

Repayment of Term Loans. (i) On each Quarterly Payment Date, beginning with December 31, 2012, the Borrower shall repay to the Administrative Agent for the ratable account of # the 2016 Term Lenders the principal amount of 2016 Term Loans then outstanding in an amount equal to 1.25% of the aggregate initial principal amounts of all 2016 Term Loans theretofore borrowed by the Borrower pursuant to Section 2.1(a); provided that no repayment of the type described in this clause (a) shall be required following the third anniversary of the Restatement Effective Date and # until the Fourth Amendment Effective Date, the 2019 Term Lenders the principal amount of 2019 Term Loans then outstanding in an amount equal to 0.25% of the aggregate initial principal amounts of all 2019 Term Loans theretofore borrowed by the Borrower pursuant to [Section 2.1(b), and (ii)])] on each Quarterly Payment Date occurring on or after the Fourth Amendment Effective Date and until the Fifth Amendment Effective Date, the Borrower shall repay to the Administrative Agent for the ratable account of the 2021 Term Lenders the principal amount of 2021 Term Loans then outstanding in an amount equal to 0.25% of the aggregate initial principal amounts of the 2019 Term Loans originally borrowed by the Borrower pursuant to [Section 2.1(b)] on the Restatement Effective Date and, # on each Quarterly Payment Date commencing with the last Business Day of June 30, 2018 and until the Sixth Amendment Effective Date, the Borrower shall repay to the Administrative Agent for the ratable account of the 2023 Term Lenders the principal amount of 2023 Term Loans then outstanding in an amount equal to 0.25% of the aggregate initial principal amounts of the 2023 Term Loans originally made or continued pursuant to [Section 2.1(c)] on the Fifth Amendment Effective Date, and # on each Quarterly Payment Date commencing with the last Business Day of June, 2021, the Borrower shall repay to the Administrative Agent for the ratable account of the 2026 Term Lenders the principal amount of 2026 Term Loans then outstanding in an amount equal to 0.25% of the aggregate initial principal amounts of the 2026 Term Loans originally made or exchanged pursuant to [Section 2.1(d)] on the Sixth Amendment Effective Date, in each case, in accordance with the order of priority set forth in [Section 3.8]. The remaining unpaid principal amount of the applicable Tranche of Term Loans and all other Obligations under or in respect of such Tranche of Term Loans shall be due and payable in full, if not earlier in accordance with this Agreement, on # in the case of the 20232026 Term Facility, the 20232026 Term Loan Maturity Date and # in the case of any Incremental Term Loan and Extension Loan, as set forth in the applicable amendment agreement effecting such Term Loan.

Subject to paragraph # below, each Borrower which has drawn a Loan shall repay that Loan on the last day of its Interest Period.

Repayment of Loans. Kimco shall pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Competitive Loan on the last day of the Interest Period applicable to such Loan. Each Borrower shall repay all then outstanding Revolving Credit Loans and Competitive Loans made to such Borrower on the Termination Date (or, if earlier, the applicable Short Term Loan Maturity Date in respect of a Short Term Loan) to the Administrative Agent for the account of each Lender in the currency in which such Loan was made.

Repayment of Loans. Beginning December 1, 2021 and continuing on or before the first (1st) day of each March, June, September, and December thereafter, the Borrower shall pay to the Lenders all accrued, but unpaid interest on the Notes. The outstanding principal balance of the Notes plus all accrued, but unpaid interest, shall be due and payable in full on the Maturity Date.

(i) Each of the U.S. Borrower and [[Address A:Address]] Borrower hereby, jointly and severally, unconditionally promises to pay to the Administrative Agent # in Dollars for the account of each Lender the then unpaid principal amount of each Term B-35 Loan of such Lender on the Term B-3 and B-45 Loan Maturity Date (or such earlier date on which the Term B-3 Loans become due and payable pursuant to Section 9), # in Dollars for the account of each Lender the then unpaid principal amount of each Term B-4 Loan of such Lender on the Term B-3 and B-4 Loan Maturity Date (or such earlier date on which the Term B-45 Loans become due and payable pursuant to Section 9) and # each of the U.S. Borrower and [[Address A:Address]] Borrower hereby, jointly and severally, unconditionally promise to pay to the Administrative Agent in Dollars for the account of each Lender the then unpaid principal amount of each Term B-56 Loan of such Lender on the Term B-56 Loan Maturity Date (or such earlier date on which the Term B-56 Loans become due and payable pursuant to Section 9). The applicable Borrower(s) hereby, jointly and severally, further agree to pay interest on the unpaid principal amount of such Loans from time to time outstanding from the date hereof until payment in full thereof at the rates per annum, and on the dates, set forth in [Subsection 4.1].

. The Borrower shall repay Term B Loans to the Term Loan Facility Administrative Agent, for the account of each Term B Loan Lender holding Term B Loans, # on the last day of each March, June, September and December (commencing on September 30, 2021), each in an amount equal to such Lender’s Term B Loan Percentage multiplied by 0.25% of the aggregate principal amount of the Term B Loans outstanding on the Closing Date immediately after funding the Term B Loan Facility and # on the Term B Loan Maturity Date in an amount equal to all remaining outstanding Term B Loans of such Term B Loan Lenders.

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