Common use of No Reborrowing Clause in Contracts

No Reborrowing. The Borrower may not reborrow any part of the Facility which is prepaid.

Appears in 6 contracts

Sources: Supplemental Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.)

No Reborrowing. The Borrower may not reborrow any part of the Facility which is prepaidrepaid.

Appears in 2 contracts

Sources: Export Credit Agreement (Mobile Telesystems Ojsc), Facility Agreement (Corporate Property Associates 16 Global Inc)

No Reborrowing. The Borrower Borrowers may not reborrow re-borrow any part of the Facility which is prepaidprepaid or repaid.

Appears in 1 contract

Sources: Facility Agreement (Diana Shipping Inc.)

No Reborrowing. The Borrower may not reborrow re-borrow any part of the Facility which is prepaidprepaid or repaid.

Appears in 1 contract

Sources: Facility Agreement (Hoegh LNG Partners LP)