Common use of Domestic Rate Portion Clause in Contracts

Domestic Rate Portion. The Company shall have the privilege of voluntarily prepaying without premium or penalty and in whole or in part (but if in part, then in an amount not less than $10,000) the Domestic Rate Portion of the Revolving Credit Note at any time upon notice to the Bank prior to 11:00 a.m. (Chicago time) on the date fixed for prepayment.

Appears in 2 contracts

Samples: Credit Agreement (Kaneb Services LLC), JPS Packaging Co

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Domestic Rate Portion. The Company shall have the privilege of voluntarily prepaying without premium or penalty and in whole or in part (but if in part, then in an amount not less than $10,000100,000) the Domestic Rate Portion of the Revolving Credit Note at any time upon notice to the Bank prior to 11:00 a.m. (Chicago time) on the date fixed for prepayment, each such prepayment to be made -7- by the payment of the principal amount to be prepaid and accrued interest thereon to the date of prepayment.

Appears in 1 contract

Samples: Champion Financial Corp /Md/

Domestic Rate Portion. The Company shall have the privilege of voluntarily prepaying without premium or penalty and in whole or in part (but if in part, then in an amount not less than $10,000100,000) the Domestic Rate Portion of the Revolving Credit Note at any time upon notice to the Bank Agent, which shall promptly notify the Lenders, prior to 11:00 a.m. (Chicago time) on the date fixed for prepayment.

Appears in 1 contract

Samples: Credit Agreement (Hk Systems Inc)

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Domestic Rate Portion. The Company shall have the privilege of voluntarily prepaying without premium or penalty and in whole or in part (but but, if in part, then in an amount not less than $10,000) the Domestic Rate Portion of the Revolving Credit Note at any time upon notice to the Bank prior to 11:00 a.m. (Chicago time) on the date fixed for prepayment, such prepayment to be made by the payment of the principal amount to be prepaid and accrued interest thereon to the date of prepayment.

Appears in 1 contract

Samples: Credit Agreement (Wells Gardner Electronics Corp)

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