Optional Payment Sample Clauses

Optional Payment. Borrower shall have the right at its option from time to time to prepay the Base Rate Portion in whole or in part without premium or penalty. Borrower shall have no right to prepay any part of the Libor Rate Portion at any time without the prior written consent of Bank except that (i) Borrower may prepay any part of any Rate Segment at the expiration of the Rate Period corresponding to such Rate Segment, and (ii) Borrower may prepay any part of any other Rate Segment so long as Borrower also makes payment to Bank of any amounts payable under Section 3.6(b) in connection therewith. Prepayments shall be made by giving Bank written notice thereof (which shall be irrevocable) by no later than 11:00 a.m. (California time) on the proposed date of prepayment, specifying the date, amount, and type of prepayment, and upon such date the amount so specified, accrued interest thereon, and any amounts payable under Section 3.6(b) shall be due and payable.

Optional Payment. Borrower shall have the right at its option from time to time to prepay the Revolving Loans in whole or in part, without premium or penalty except for any amounts payable under Section 3.6(b). Prepayments shall be made by giving the Bank Standard Notice thereof (which shall be irrevocable), specifying the date, and amount and type of prepayment,

Optional Payment. 9 2.3 Interest Rate and Payment Dates .......................................10 (a) Payment .......................................................10 (b) Interest Rate .................................................10 (c)

Optional Payment. The Borrower may at its option and without penalty repay the Restructured Loans, in whole or in part, on any Business Day, prior to the Restructure Maturity Date, from time to time, provided Restructure Agent shall have received from the Borrower notice of any such payment at least one Business Day prior to the date of the proposed payment. For Restructured Loans, each day shall be defined as and constitute an "Interest Period." Partial payments hereunder shall be in an aggregate principal amount of not less than $1,000,000.00 and in an integral multiple of $100,000.00 for the Restructured Loans. Restructure Agent shall promptly inform the Restructure Lenders by telecopy of receipt of each such payment.

Optional Payment. 14 (d) Capital Raising Events................................................................15 (e) Asset Sales...........................................................................15 (f) Cash Balance..........................................................................15 (g) Implied Consent.......................................................................15 (h)

Optional Payment. Seller shall have the right to buy, and Buyer shall be obligated to sell to Buyer, an additional number of months of Year 2001 ACE Chargeoffs equal to the integer derived in clause (a) above, at a price equal to the aggregate dollar amount of the Related Receivables of such months' Year 2001 ACE Chargeoffs multiplied by .015.

Optional Payment. If Optional Payment is set out hereon, the relevant Issuer may, at its sole discretion, elect not to pay a distribution (or to pay only part of a distribution) which is scheduled to be paid on a Distribution Payment Date by giving notice (an “Optional Payment Notice”) to the Trustee and the Issuing and Paying Agent and the Perpetual Securityholders (in accordance with Condition 14) not more than 15 nor less than five business days (or such other notice period as may be specified hereon) prior to a scheduled Distribution Payment Date. If a Dividend Pusher is set out hereon, the relevant Issuer may not elect to defer any distribution if during the “Reference Period” (as specified in the applicable Pricing Supplement) ending on the day before that scheduled Distribution Payment Date, either or both of the following have occurred: (i) a discretionary dividend, distribution or other payment has been declared or paid on or in respect of any of the relevant Issuer’s Junior Obligations or the Guarantor’s Junior Obligations or, in relation to Subordinated Perpetual Securities only, (except on a pro- rata basis) any of the relevant Issuer’s Parity Obligations or any of the Guarantor’s Parity Obligations; or (ii) any of relevant Issuer’s Junior Obligations or the Guarantor’s Junior Obligations has been redeemed, reduced, cancelled, bought back or acquired for any consideration or, in relation to Subordinated Perpetual Securities only, (except on a pro-rata basis) any of the relevant Issuer’s Parity Obligations or any of the Guarantor’s Parity Obligations has been redeemed, reduced, cancelled, bought back or acquired for any consideration, in each case, other than (1) in connection with any employee benefit plan or similar arrangements with or for the benefit of the employees, directors or consultants of the Group (as defined in the Trust Deed) or (2) as a result of the exchange or conversion of Parity Obligations of the relevant Issuer or, as the case may be, the Guarantor for Junior Obligations of the relevant Issuer or, as the case may be, the Guarantor (a “Compulsory Distribution Payment Event”) and/or as otherwise specified in the applicable Pricing Supplement.

Optional Payment. The Borrowers may at any time and from time to time upon one Business Day's notice prepay Loans in whole or in part. Any prepayment of Loans shall be in an aggregate principal amount of at least $1,000,000 and in greater whole multiples of $500,000, subject, however, to the Borrowers' right to repay all outstanding Loans in full.

Optional Payment. Subject to Lessor's conversion rights set forth in Article XXXVI, Lessee may at any time upon 30 days advance written notice to Lessor pay all, but not less than all, of the Deferred Base Rent.