Common use of Notice of Optional Prepayments Clause in Contracts

Notice of Optional Prepayments. The Issuer will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1) to NHLP, National, the Indenture Trustee and to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture under which the prepayment is to be made, (c) the principal amount of the holders' Notes to be prepaid on such Optional Prepayment Date, (d) that a Make-Whole Premium Amount may be payable, (e) the date when such Make-Whole Premium Amount will be calculated, (f) the estimated Make-Whole Premium Amount and (g) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with the premium, if any, and accrued interest thereon shall become due and payable on the Optional Prepayment Date. Not more than two Business Days prior to the Optional Prepayment Date specified in such notice, the Issuer shall provide each holder of a Note written notice of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereof.

Appears in 2 contracts

Samples: Indenture of Trust and Security Agreement (National Health Realty Inc), Indenture of Trust and Security Agreement (National Healthcare Corp)

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Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of any tranche of the Notes (other than the prepayments required by ss.3.1) pursuant to NHLP, National, the Indenture Trustee and SECTION 2.2 to each holder thereof of such tranche of not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture under which the prepayment is to be made, (c) the principal amount of the holders' holder's Notes of such tranche to be prepaid on such Optional Prepayment Datedate, (dc) that a the Make-Whole Premium Amount may be payable, (ed) the date when such Make-Whole Premium Amount will be calculated, (fe) the estimated Make-Whole Premium Amount Amount, and (gf) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with accrued interest thereon and the premiumMake-Whole Amount, if any, and accrued interest thereon payable with respect to such tranche shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more than two Two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder of a Note of the tranche to be prepaid written notice of the Make-Whole Premium Amount Amount, if any, payable in connection with such prepaymentprepayment and, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereof.

Appears in 2 contracts

Samples: Guaranty Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1pursuant to Section 4(b) or 4(c) to NHLP, National, the Indenture Trustee and each Holder of Notes to each holder thereof be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture Fourth Supplement under which the prepayment is to be made, (c) the principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (d) that whether a Make-Whole Premium Amount premium may be payable, (e) the date when such Make-Whole Premium Amount the premium, if any, will be calculated, (f) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (g) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder Holder of a Note to be prepaid written notice of the premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereofAmount.

Appears in 2 contracts

Samples: Note Agreement (California Water Service Group), California Water Service Group

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1pursuant to Section 4(b) or 4(c) to NHLP, National, the Indenture Trustee and each Holder of Notes to each holder thereof be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture Thirteenth Supplement under which the prepayment is to be made, (c) the principal amount of the holders' Holder’s Notes to be prepaid on such Optional Prepayment Datedate, (d) that whether a Make-Whole Premium Amount premium may be payable, (e) the date when such Make-Whole Premium Amount the premium, if any, will be calculated, (f) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (g) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder Holder of a Note to be prepaid written notice of the premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereofAmount.

Appears in 2 contracts

Samples: Note Agreement (California Water Service Group), Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1) pursuant to NHLP, National, the Indenture Trustee and SECTION 5.2 to each holder Holder thereof not less than 30 10 days nor more than 60 30 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (ai) such datedate (which shall be a Business Day), (bii) the Section of this Indenture under which the prepayment is to be made, (c) the outstanding principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (diii) that a Make-Whole Premium Amount premium may be payable, (eiv) the date when such Make-Whole Premium Amount premium will be calculated, (fv) the estimated Make-Whole Premium Amount premium, and (gvi) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder of a Note written notice by facsimile communication followed by delivery on the next succeeding Business Day by overnight air courier to each Holder of Notes to be prepaid of the amount of premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount. In the event the Company shall incorrectly compute the Make-Whole Amount payable in connection with any Note to be prepaid pursuant to SECTION 5.2, or declared to be immediately due and payable pursuant to SECTION 6.3, the Holder shall not be bound by such prepaymentincorrect computation, whether or not any but instead shall be entitled to receive an amount equal to the correct Make-Whole Premium Amount is payableAmount, together if any, computed in compliance with a reasonably detailed computation thereofthe terms of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Crown Pacific Partners L P)

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1pursuant to Section 4(b) or 4(c) to NHLP, National, the Indenture Trustee and each Holder of Notes to each holder thereof be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture Twelfth Supplement under which the prepayment is to be made, (c) the principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (d) that whether a Make-Whole Premium Amount premium may be payable, (e) the date when such Make-Whole Premium Amount the premium, if any, will be calculated, (f) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (g) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder Holder of a Note to be prepaid written notice of the premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereofAmount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of any Series of the Notes (other than the prepayments required by ss.3.1) pursuant to NHLP, National, the Indenture Trustee and §2.2 to each holder thereof of such Series of not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture under which the prepayment is to be made, (c) the principal amount of the holders' holder’s Notes of such Series to be prepaid on such Optional Prepayment Datedate, (dc) that a the Make-Whole Premium Amount may be payable, (ed) the date when such Make-Whole Premium Amount will be calculated, (f) the estimated Make-Whole Premium Amount and (ge) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with accrued interest thereon and the premiumMake-Whole Amount, if any, and accrued interest thereon payable with respect to such principal amount shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more than two Two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder of a Note of the Series to be prepaid written notice of the Make-Whole Premium Amount Amount, if any, payable in connection with such prepaymentprepayment and, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereof. Unless the Company is notified by Prudential that Bloomberg Financial Markets is no longer Prudential Capital Group’s customary source of information for calculating yield-maintenance amounts on privately placed notes (which notice shall specify the substitute source of information to be used for such calculations), the Company shall base its calculation of the Make-Whole Amount upon Bloomberg Financial Markets as provided in the definition of “Make-Whole Amount” stated in Section 8.1 of this Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Universal Forest Products Inc)

Notice of Optional Prepayments. The Issuer Company will give notice of any the prepayment of the Notes (other than the prepayments required by ss.3.1) pursuant to NHLP, National, the Indenture Trustee and Sec.2.2 to each holder Holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date"i) specifying (a) such date, (b) the Section of this Indenture under which the prepayment is to be made, (c) the principal amount of the holders' Notes to be prepaid on such Optional Prepayment Date, (d) that a Make-Whole Premium Amount may be payable, (e) the date when of such Make-Whole Premium Amount will be calculated, (f) the estimated Make-Whole Premium Amount optional prepayment and (gii) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify certifying all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such noticeNotes, together with the premium, if any, and accrued interest thereon thereon, shall become due and payable on the Optional prepayment date specified in said notice (the "Scheduled Prepayment Date") unless the Company timely delivers a Revocation Notice (defined below) revoking such notice of prepayment. If the notice of prepayment sets forth any facts which are conditions precedent to the prepayment relating thereto, the Company shall be permitted to postpone (to a date not later than 10 days after the Scheduled Prepayment Date, a "Rescheduled Prepayment Date" hereunder) or revoke such notice of prepayment by providing written notice (a "Revocation Notice") to each Holder not later than the tenth day prior to the Scheduled Prepayment Date. Not more than two Business Days prior to the Optional Prepayment Date specified in such notice, the Issuer shall provide each holder of a Note written Any notice of prepayment delivered hereunder shall be deemed irrevocable unless the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with Company provides a reasonably detailed computation thereoftimely Revocation Notice."

Appears in 1 contract

Samples: Note Agreement and Waiver (Kentucky Electric Steel Inc /De/)

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Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes pursuant to (other than the prepayments required by ss.3.1) to NHLPS)2.2, National, the Indenture Trustee and to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment and will give notice of any prepayment of Notes pursuant to (S)2.3 to each holder whose Notes are to be prepaid not less than 10 nor more than 45 days before the "Optional Prepayment Date") specifying date fixed for such optional prepayment. Any such notice shall specify (ai) such date, (b) the Section of this Indenture under which the prepayment is to be made, (cii) the principal amount of the holders' holder's Notes to be prepaid on such Optional Prepayment Datedate, (diii) that a Make-Whole Premium Amount premium may be payable, (eiv) the date when such Make-Whole Premium Amount premium will be calculated, (fv) the estimated Make-Whole Premium Amount and premium, (gvi) the accrued interest applicable to the prepayment. Such notice , and (vii) a reasonably detailed computation of prepayment shall also certify all facts which are conditions precedent to any such prepaymentthe estimated Make-Whole Amount. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with accrued interest thereon and the premium, if BW/IP International, Inc. Note Agreement any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days business days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder of a Note written notice of the Make-Whole Premium Amount premium, if any, payable in connection with such prepaymentprepayment and, whether or not any Make-Whole Premium Amount premium is payable, together with a reasonably detailed computation thereofof the Make-Whole Amount.

Appears in 1 contract

Samples: Bwip Inc

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1pursuant to Section 4(b) or 4(c) to NHLP, National, the Indenture Trustee and each Holder of Notes to each holder thereof be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture Tenth Supplement under which the prepayment is to be made, (c) the principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (d) that whether a Make-Whole Premium Amount premium may be payable, (e) the date when such Make-Whole Premium Amount the premium, if any, will be calculated, (f) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (g) the accrued interest applicable to the prepayment. Such notice of prepayment 164 shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder Holder of a Note to be prepaid written notice of the premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereofAmount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Issuer will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1) to NHLP, National, the Indenture Trustee and to each holder Holder thereof not less than 30 10 days nor more than 60 30 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (ai) such datedate (which shall be a Business Day), (bii) the Section of this Indenture under which the prepayment is to be made, (c) the outstanding principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (diii) that a Make-Whole Premium Amount premium may be payable, (eiv) the date when such Make-Whole Premium Amount premium will be calculated, (fv) the estimated Make-Whole Premium Amount premium, and (gvi) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder of a Note written notice by facsimile communication followed by delivery on the next succeeding Business Day by overnight air courier to each Holder of Notes to be prepaid of the amount of premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount. In the event the Company shall incorrectly compute the Make-Whole Amount payable in connection with any Note to be prepaid pursuant to Section 5.2, or declared to be immediately due and payable pursuant to Section 6.3, the Holder shall not be bound by such prepaymentincorrect computation, whether or not any but instead shall be entitled to receive an amount equal to the correct Make-Whole Premium Amount is payableAmount, together if any, computed in compliance with a reasonably detailed computation thereofthe terms of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Crown Pacific Partners L P)

Notice of Optional Prepayments. The Issuer Company will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1pursuant to Section 5(b) or 5(c) to NHLP, National, the Indenture Trustee and each Holder of Notes to each holder thereof be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture Eighth Supplement under which the prepayment is to be made, (c) the principal amount of the holders' Holder's Notes to be prepaid on such Optional Prepayment Datedate, (d) that whether a Make-Whole Premium Amount premium may be payable, (e) the date when such Make-Whole Premium Amount the premium, if any, will be calculated, (f) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (g) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes to be prepaid specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more later than two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer Company shall provide each holder Holder of a Note to be prepaid written notice of the premium, if any, payable in connection with such prepayment and, whether or not any premium is payable, a reasonably detailed computation of the Make-Whole Premium Amount payable in connection with such prepayment, whether or not any Make-Whole Premium Amount is payable, together with a reasonably detailed computation thereofAmount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Issuer will give notice of any prepayment of the Notes (other than the prepayments required by ss.3.1) pursuant to NHLP, National, the Indenture Trustee and SECTION 2.2 to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment (the "Optional Prepayment Date") specifying (a) such date, (b) the Section of this Indenture under which the prepayment is to be made, (c) the principal amount of the holders' holder's Notes to be prepaid on such Optional Prepayment Datedate, (dc) that a Make-Whole Premium Amount premium may be payable, (ed) the date when such Make-Whole Premium Amount premium will be calculated, (fe) the estimated Make-Whole Premium Amount premium, together with a reasonably detailed computation of such estimated premium, and (gf) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the Optional Prepayment Dateprepayment date specified in said notice. Not more than two Two Business Days prior to the Optional Prepayment Date prepayment date specified in such notice, the Issuer shall provide each holder of a Note written notice of the Make-Whole Premium Amount premium, if any, payable in connection with such prepaymentprepayment and, whether or not any Make-Whole Premium Amount premium is payable, together with a reasonably detailed computation thereofof the Make-Whole Amount. Section 2.6.

Appears in 1 contract

Samples: Dollar Tree (Dollar Tree Stores Inc)

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