Examples of Early Repayment Amount in a sentence
In such an event, Bank shall cease any purchases of Common Stock pursuant to this Transaction and, on the third Trading Day immediately following the Early Termination Date, Bank shall (i) deliver to the Company the number of shares of Common Stock, previously acquired, held or accumulated pursuant to Section III(a) of this Letter Agreement (the “Early Settlement Number”), and (ii) pay to the Company the Early Repayment Amount and the Dividend Payment Amount, if any.
The Early Repayment Amount will be your Remaining Obligation reduced by an amount that is 30% of the outstanding Cost-of-Funds portion of your loan.
You must pay the Early Repayment Amount exactly as specified in the letter we provide you.