Common use of Notice of Optional Prepayments Clause in Contracts

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 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 specifying (i) such date, (ii) the principal amount of the holder's Notes to be prepaid on such date, (iii) that a Make-Whole Amount may be payable, (iv) the date when such Make-Whole Amount will be calculated, (v) the estimated Make-Whole Amount, including reasonably detailed calculations thereof, and (vi) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amount, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission), the Company shall provide each holder of a Note written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole Amount.

Appears in 2 contracts

Samples: Note Agreement (Cleveland Cliffs Inc), Note Agreement (Cleveland Cliffs Inc)

AutoNDA by SimpleDocs

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to Section 2.2 Section2.2 to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment specifying (ia) such date, (iib) the principal amount of the holder's Notes to be prepaid on such date, (iiic) that a the Make-Whole Amount may be payable, (ivd) the date when such the Make-Whole Amount will be calculated, (ve) the estimated Make-Whole Amount, including together with a reasonably detailed calculations thereofcomputation of such estimated Make-Whole Amount, and (vif) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amount, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) Two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole Amount. .

Appears in 1 contract

Samples: Carter Wallace Inc /De/

Notice of Optional Prepayments. The Company will give ------------------------------------------- notice of any prepayment of the Notes pursuant to Section 2.2 (S)2.1 to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment specifying (ia) such date, (iib) the principal amount of the holder's Notes to be prepaid on such date, (iiic) that a Make-Whole Amount premium may be payable, (ivd) the date when such Make-Whole Amount premium will be calculated, (ve) the estimated Make-Whole Amountpremium, including together with a reasonably detailed calculations thereofcomputation of such estimated premium, and (vif) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amountpremium, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) Two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note written notice of the Make-Whole Amountpremium, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount premium is payable, a reasonably detailed computation of the Make-Whole Amount.

Appears in 1 contract

Samples: U S Rentals Inc

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 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 specifying (ia) such date, (iib) the principal amount of the holder's Notes to be prepaid on such date, (iiic) that a Make-Whole Amount may be payable, (ivd) the date when such Make-Whole Amount will be calculatedcalculated which shall be the date three business days prior to the prepayment date, (ve) the estimated Make-Whole Amount, including reasonably detailed calculations thereof, Amount and (vif) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amount, if any, payable with respect thereto and accrued interest thereon shall become due and payable on the prepayment date specified in said noticedate. Not later than three (3) Business Days two business days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole Amountthereof.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 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 specifying (i) such date, (ii) the principal amount of the holder's Notes to be prepaid on such date, (iii) that a Make-Whole Amount premium may be Penford Corporation Restatement and Exchange Agreement (1992 Note Agreements) payable, (iv) the date when such Make-Whole Amount premium will be calculated, (v) the estimated Make-Whole Amountpremium, including together with a reasonably detailed calculations thereofcomputation of such estimated premium, and (vi) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amountpremium, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) Business Days two business days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note written notice of the Make-Whole Amountpremium, if any, payable in connection with the prepayment of such prepayment Note and, whether or not any Make-Whole Amount premium is payable, a reasonably detailed computation of the Make-Whole AmountAmount applicable to such prepayment.

Appears in 1 contract

Samples: Penford Corp

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Senior Notes pursuant to Section 2.2 10.4 to each holder Holder thereof not less than 30 days 10 Business Days nor more than 60 days before the date fixed for such optional prepayment specifying (i) such date, (ii) the principal amount of the holder's Holder’s Senior Notes to be prepaid on such date, (iii) in the case of a MWA Senior Note, that a Make-Whole Amount Amount, if any, may be payable, (iv) in the case of a MWA Senior Note, the date when such Make-Whole Amount Amount, if any, will be calculated, (v) in the case of a MWA Senior Note, the estimated Make-Whole Amount, including reasonably detailed calculations thereofif any, and (vi) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all facts, if any, which are conditions precedent to any such prepayment. Notice of prepayment having been so given, the aggregate principal amount of the Senior Notes specified in such notice, together with accrued interest thereon and and, in the case of a MWA Senior Note, the Make-Whole Amount, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder Holder of a MWA Senior Note written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole AmountAmount (which calculation shall be reasonably satisfactory to each Holder of the MWA Senior Notes to be prepaid).

Appears in 1 contract

Samples: Allied Capital Corp

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 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 specifying (ia) such date, (iib) the principal amount of the holder's Notes of such Series to be prepaid on such date, (iiic) that a Make-Whole Amount may be payable, (ivd) the date when such Make-Whole Amount will be calculatedcalculated which shall be the date three business days prior to the prepayment date, (ve) the estimated Make-Whole Amount, including reasonably detailed calculations thereof, Amount and (vif) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 of such Series specified in such notice, together with accrued interest thereon and the Make-Whole Amount, if any, payable with respect thereto and accrued interest thereon shall become due and payable on the prepayment date specified in said noticedate. Not later than three (3) Business Days two business days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note of such Series written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole Amountthereof.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

AutoNDA by SimpleDocs

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to Section 2.2 or Section 2.3 to each holder thereof not less than 30 days nor more than 60 days before the date fixed for such optional prepayment specifying (ia) such date, (iib) the section of this Agreement under which the prepayment is to be made, (c) the principal amount of the holder's Notes to be prepaid on such date, (iiid) that whether a Make-Whole Amount premium may be payable, (ive) the date when such Make-Whole Amount the premium, if any, will be calculated, (vf) the estimated Make-Whole Amountpremium, including together with a reasonably detailed calculations thereofcomputation of such estimated premium, and (vig) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amountpremium, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note written notice of the Make-Whole Amountpremium, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount premium is payable, a reasonably detailed computation of the Make-Whole Amount. Section 2.5.

Appears in 1 contract

Samples: Note Agreement (California Water Service Co)

Notice of Optional Prepayments. The Company will give notice of any prepayment of any tranche of the Notes pursuant to 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 specifying (ia) such date, (iib) the principal amount of the holder's Notes of such tranche to be prepaid on such date, (iiic) that a the Make-Whole Amount may be payable, (ivd) the date when such Make-Whole Amount will be calculated, (ve) the estimated Make-Whole Amount, including reasonably detailed calculations thereof, and (vif) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amount, if any, payable with respect thereto to such tranche shall become due and payable on the prepayment date specified in said notice. Not later than three (3) Two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder of a Note of the tranche to be prepaid written notice of the Make-Whole Amount, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount is payable, a reasonably detailed computation of the Make-Whole Amountthereof.

Appears in 1 contract

Samples: Note Agreement (Universal Forest Products Inc)

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to Section 2.2 ss.2.2 or ss.2.3 to each holder thereof Holder of Notes to be prepaid not less than 30 days nor more than 60 days before the date fixed for such optional prepayment specifying (ia) such date, (iib) the Section of this Agreement under which the prepayment is to be made, (c) the principal amount of the holderHolder's Notes to be prepaid on such date, (iiid) that whether a Make-Whole Amount premium may be payable, (ive) the date when such Make-Whole Amount the premium, if any, will be calculated, (vf) the estimated Make-Whole Amountpremium, including together with a reasonably detailed calculations thereofcomputation of such estimated premium, and (vig) the accrued interest applicable to the prepayment. Such notice of prepayment shall also certify all 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 Make-Whole Amountpremium, if any, payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than three (3) two Business Days prior to the prepayment date specified in such notice (which shall be sent by facsimile transmission)notice, the Company shall provide each holder Holder of a Note to be prepaid written notice of the Make-Whole Amountpremium, if any, payable in connection with such prepayment and, whether or not any Make-Whole Amount premium is payable, a reasonably detailed computation of the Make-Whole Amount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Time is Money Join Law Insider Premium to draft better contracts faster.