Optional Payment Sample Clauses

Optional Payment. Borrower shall have the right at its option from time to time to prepay the Revolving Loans in whole or in part, without premium or penalty except for any amounts payable under Section 3.6(b). Prepayments shall be made by giving the Bank Standard Notice thereof (which shall be irrevocable), specifying the date, and amount and type of prepayment,
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Optional Payment. 13 SECTION 2.4 Interest Rate and Payment Dates......................... 13 (a) Payment.................................................... 13 (b) Interest Rate.............................................. 13 (c)
Optional Payment. Without limitation of Borrower’s rights under Section 3.03(a) of the Loan Agreement, Company may pay, at its option, the Make-Whole Amount at any time after the Standalone Date.
Optional Payment. The Borrower may at its option and without penalty repay the Restructured Loans, in whole or in part, on any Business Day, prior to the Restructure Maturity Date, from time to time, provided Restructure Agent shall have received from the Borrower notice of any such payment at least one Business Day prior to the date of the proposed payment. For Restructured Loans, each day shall be defined as and constitute an "Interest Period." Partial payments hereunder shall be in an aggregate principal amount of not less than $1,000,000.00 and in an integral multiple of $100,000.00 for the Restructured Loans. Restructure Agent shall promptly inform the Restructure Lenders by telecopy of receipt of each such payment.
Optional Payment. 14 (d) Capital Raising Events...................................................................14 (e) Asset Sales..............................................................................14 (f) Cash Balance.............................................................................14 (g) Implied Consent..........................................................................15 (h)
Optional Payment. Borrower shall have the right at its option --------------------- from time to time to prepay the Base Rate Portion in whole or in part without premium or penalty. Borrower shall have no right to prepay any part of the Libor Rate Portion at any time without the prior written consent of Bank except that (i) Borrower may prepay any part of any Rate Segment at the expiration of the Rate Period corresponding to such Rate Segment, and (ii) Borrower may prepay any part of any other Rate Segment so long as Borrower also makes payment to Bank of any amounts payable under Section 3.6(b) in connection therewith. Prepayments shall be made by giving Bank written notice thereof (which shall be irrevocable) by no later than 11:00 a.m. (California time) on the proposed date of prepayment, specifying the date, amount, and type of prepayment, and upon such date the amount so specified, accrued interest thereon, and any amounts payable under Section 3.6(b) shall be due and payable.
Optional Payment. Subject to Lessor's conversion rights set forth in Article XXXVI, Lessee may at any time upon 30 days advance written notice to Lessor pay all, but not less than all, of the Deferred Base Rent.
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Optional Payment. The Borrowers may at any time and from time to time upon one Business Day's notice prepay Loans in whole or in part. Any prepayment of Loans shall be in an aggregate principal amount of at least $1,000,000 and in greater whole multiples of $500,000, subject, however, to the Borrowers' right to repay all outstanding Loans in full.
Optional Payment. 18 (d) Application........................................................ 19 Section 2.03. Interest Rate and Payment Dates.................................... 19 (a)
Optional Payment. The Borrower may at its option repay the Revolving Loans or prepay the Term Loans (in each case, together with accrued interest on such Loan (except in the case of a Revolving Loan which is a Base Rate Loan, as to which interest will be payable on the next Interest Payment Date) and any amounts payable pursuant to Section 3.07(b) with respect to such payment), in whole or in part, at any time and from time to time; provided that the Agent shall have received from the Borrower notice of any such payment at least one Business Day prior to the date of the proposed payment if such date is not the last day of the then current Interest Period for each Loan being paid, in each case specifying the date and the amount of payment. Partial payments hereunder shall be in an aggregate principal amount of the lesser of (i) $500,000 or any integral multiple thereof and (ii) the outstanding balance of the Loan being paid.
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