Exceptions to Prepayment Prohibitions Sample Clauses

Exceptions to Prepayment Prohibitions. Notwithstanding anything in Section 2.8(a) to the contrary, the following prepayments shall not require the payment of the Prepayment Premium: (i) principal payments scheduled under the Note including those payments required pursuant to Section 2.7; (ii) prepayments of the Loan resulting from prepayments of the Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of Section 6.2(e); or (iii) prepayments resulting from the acceleration of the Loan under the Loan Documents. Any such prepayment shall not relieve Borrower of its obligation to make all regularly scheduled payments due under the Loan Documents. 
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Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.8(a) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 2.8(a) or require the payment of the Receivables Loan Prepayment Premium: (i) principal payments scheduled under the Receivables Loan Note including, without limitation, those payments required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower or Guarantor concerning the Receivables Collateral qualifying as Eligible Instruments; and (ii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of paragraph 6.2(e).
Sample 1
Exceptions to Prepayment Prohibitions. Notwithstanding anything in Section 2.11(a) to the contrary, the following shall not be prepayments prohibited pursuant to Section 2.11(a) or require the payment of any prepayment premium: (i) principal payments scheduled under the Note including, without limitation, those payments required pursuant Section 2.10 unless due to an intentional misrepresentation or breach of warranty concerning the Collateral qualifying as Eligible Instruments, (ii) prepayments of the Loan resulting from prepayments of the Collateral or (iii) partial prepayments that are in excess of $15,000,000, provided that such partial prepayments may not occur more frequently than twice during a calendar year.
Sample 1
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.8(a) or 2.8(c) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 2.8(a) or require the payment of the Receivables Loan Prepayment Premium or the Inventory Loan Prepayment Premium: (i) principal payments scheduled under the Receivables Loan Note and the Inventory Loan Note, including, without limitation, those payments required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower or Guarantor concerning the Receivables Collateral qualifying as Eligible Instruments; (ii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of paragraph 6.2(e), (iii) prepayments of the Inventory Loan through the application of Interval Sales Payments, or (iv) prepayments required pursuant to paragraph 2.1(c).
Sample 1
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.8(a) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 2.8(a) or require the payment of the Construction Loan Prepayment Premium, the Receivables Loan Prepayment Premium or the Working Capital Loan Prepayment Premium: (i) principal payments scheduled under the Receivables Loan Note, including, without limitation, those payments required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower concerning the Receivables Collateral qualifying as Eligible Instruments; (ii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of paragraph 6.2(e), (iii) prepayments of the Working Capital Loan through the application of Working Capital Loan Mandatory Payments, (iv) principal payments due under the Working Capital Loan Note required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower concerning the Working Capital Loan Collateral qualifying as a Working Capital Loan Eligible Instrument; (v) prepayment of the Construction Loan through the application of Construction Loan Release Payments, or (vi) prepayments required pursuant to paragraph 2.1(d).
Sample 1
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.9(a) to the contrary, principal payments scheduled under the Note and Partial Release Fees shall not be prepayments prohibited pursuant to such paragraph or require the payment of a Prepayment Premium:
Sample 1
Exceptions to Prepayment Prohibitions. Notwithstanding anything ------------------------------------- in paragraph 5.3(a) to the contrary, principal payments required pursuant to paragraph 5.2 shall not be deemed to be prepayments prohibited pursuant to paragraph 5.3(a) and such principal payments shall not be taken into account when determining compliance with the provisions of Section 5.3(a).
Sample 1
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Related to Exceptions to Prepayment Prohibitions

  • CONDITIONS TO ALL BORROWINGS The obligations of the Lenders to make any Loan or issue any Letter of Credit, whether on or after the Closing Date, shall also be subject to the satisfaction of the following conditions precedent:

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is further subject to satisfaction or waiver of the following conditions:

  • Conditions to Obligations of the Parties The obligations of the parties hereto to effect the transactions contemplated by this Agreement shall be subject to the satisfaction at the Closing (as defined below) of the following conditions:

  • Conditions to MLV’s Obligations The obligations of MLV hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by MLV of a due diligence review satisfactory to it in its reasonable judgment, and to the continuing satisfaction (or waiver by MLV in its sole discretion) of the following additional conditions:

  • Conditions to All Loans The obligations of Lenders to make Loans on each Funding Date are subject to the following further conditions precedent:

  • Additional Conditions to Revolving Loans If a Revolving Loan is requested, all conditions set forth in Section 2.1 shall have been satisfied.

  • Indemnities regarding borrowing and repayment of Loan The Borrowers shall fully indemnify the Agent and each Lender on the Agent’s demand and the Security Trustee on its demand in respect of all claims, expenses, liabilities and losses which are made or brought against or incurred by that Creditor Party, or which that Creditor Party reasonably and with due diligence estimates that it will incur, as a result of or in connection with:

  • Conditions to Obligations of the Buyer The obligations of the Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions, any of which may be waived in writing by the Buyer in its sole discretion:

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