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 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 (a) such date, (b) the principal amount of the holder's Notes to be prepaid on such date, (c) that a premium may be payable, (d) the date when such premium will be calculated, (e) the estimated premium accompanied by a reasonably detailed computation thereof, and (f) 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 prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the Company shall provide each holder of a Note 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 Amount.

Appears in 1 contract

Samples: Note Agreement (Spartan Stores Inc)

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Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 2.2 Section 4(b) or 4(c) 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 (a) such date, (b) the Section of this Sixth Supplement under which the prepayment is to be made, (c) the principal amount of the holderHolder's Notes to be prepaid on such date, (cd) that whether a premium may be payable, (de) the date when such premium the premium, if any, will be calculated, (ef) the estimated premium accompanied by premium, together with a reasonably detailed computation thereofof such estimated premium, and (fg) 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 prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the 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 Amount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 2.2 ss.2.2 to each holder thereof Holder not less than 30 days nor more than 60 days before the date fixed for such optional prepayment specifying (ai) such date, (bii) the principal amount of the holdersuch Holder's Notes to be prepaid on such date, (ciii) that a premium may be payable, (div) the date when such premium will be calculated, (ev) the estimated premium accompanied by based on a reasonably detailed computation thereofcalculation of the Make-Whole Amount with the Reinvestment Yield determined as of five Business Days prior to the date notice is given, and (fvi) 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 accrued interest thereon and the premium, if any, and accrued interest thereon payable with respect thereto shall become due and payable on the prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the Company shall provide each holder of a Note Holder 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 Amount.

Appears in 1 contract

Samples: Note Agreement (Meritage Corp)

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 2.2 Section 4(b) or 4(c) 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 (a) such date, (b) the Section of this Ninth Supplement under which the prepayment is to be made, (c) the principal amount of the holderHolder's Notes to be prepaid on such date, (cd) that whether a premium may be payable, (de) the date when such premium the premium, if any, will be calculated, (ef) the estimated premium accompanied by premium, together with a reasonably detailed computation thereofof such estimated premium, and (fg) 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 prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the 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 Amount.

Appears in 1 contract

Samples: California Water Service Group

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Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 2.2 Section 4(b) or 4(c) 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 (a) such date, (b) the Section of this First Supplement under which the prepayment is to be made, (c) the principal amount of the holderHolder's Notes to be prepaid on such date, (cd) that whether a premium may be payable, (de) the date when such premium the premium, if any, will be calculated, (ef) the estimated premium accompanied by premium, together with a reasonably detailed computation thereofof such estimated premium, and (fg) 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 prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the 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 Amount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Notice of Optional Prepayments. The Company will give notice of any prepayment of the Notes pursuant to 2.2 Section 4(b) or 4(c) 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 (a) such date, (b) the Section of this Seventh Supplement under which the prepayment is to be made, (c) the principal amount of the holderHolder's Notes to be prepaid on such date, (cd) that whether a premium may be payable, (de) the date when such premium the premium, if any, will be calculated, (ef) the estimated premium accompanied by premium, together with a reasonably detailed computation thereofof such estimated premium, and (fg) 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 prepayment date specified in said notice. Not later than two Business Days prior to the prepayment date specified in such notice, the 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 Amount.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

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