Common use of Domestic Rate Portion Clause in Contracts

Domestic Rate Portion. The Company may prepay without premium or penalty and in whole or in part (but if in part, then in an amount not less than $100,000 or the total amount then outstanding, whichever is less) the Domestic Rate Portion of the Note at any time upon notice to the Bank prior to 11:00 a.m. (Los Angeles time) on the date fixed for prepayment, each such prepayment to be made by the payment of the principal amount to be prepaid.

Appears in 4 contracts

Samples: Credit Agreement (Newport Corp), Credit Agreement (Newport Corp), Newport Corp

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