Common use of Borrowing and Repayment Clause in Contracts

Borrowing and Repayment. Borrower may from time to time during the period in which Bank will make advances under the Term Commitment borrow and partially or wholly repay its outstanding borrowings, provided that amounts repaid may not be reborrowed, subject to all the limitations, terms and conditions contained herein; provided however, that the total outstanding borrowings under the Term Commitment shall not exceed the maximum principal amount available thereunder, as set forth above. The principal amount of the Term Commitment shall be repaid in accordance with the provisions of the Term Commitment Note.

Appears in 3 contracts

Sources: Credit Agreement (Chalone Wine Group LTD), Credit Agreement (Rotonics Manufacturing Inc/De), Credit Agreement (Rotonics Manufacturing Inc/De)

Borrowing and Repayment. Borrower may from time to at one time during the period in which Bank will make advances under the Term Commitment borrow and partially or wholly repay its outstanding borrowingsthe Term Loan, provided that amounts repaid may not be reborrowed, subject to all the limitations, terms and conditions contained herein; provided however, that the total outstanding borrowings under the Term Commitment Note shall not at any time exceed the maximum principal amount available thereunder, as set forth above. The outstanding principal amount balance of the Term Commitment Loan shall be repaid due and payable as set forth in accordance with the provisions of the Term Commitment Note.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Korn Ferry International)

Borrowing and Repayment. Borrower may from time ----------------------- to time during the period in which Bank will make advances under the Term Commitment borrow and partially or wholly repay its outstanding borrowings, provided that amounts repaid may not be reborrowed, subject to all the limitations, terms and conditions contained herein; provided however, that the total outstanding borrowings under the Term Commitment shall not exceed the maximum principal amount available thereunder, as set forth above. The principal amount of the Term Commitment shall be repaid in accordance with the provisions of the Term Commitment Note.

Appears in 1 contract

Sources: Letter Amendment (Interlink Electronics Inc)

Borrowing and Repayment. Borrower may from time to time during the ----------------------- period in which Bank will make advances under the Term Commitment borrow and partially or wholly repay its outstanding borrowings, provided that amounts repaid may not be reborrowedand reborrow, subject to all the limitations, terms and conditions contained herein; provided however, that the total outstanding borrowings under the Term Commitment shall not at any time exceed the maximum principal amount available thereunder, as set forth above. The principal amount of the Term Commitment shall be repaid in accordance with the provisions of the Term Commitment Note.

Appears in 1 contract

Sources: Credit Agreement (International Network Services)