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,
Appears in 1 contract
Optional Payment. The Borrower shall have the right at its option ---------------- from time to time to prepay the Revolving Loans in whole or in part, part without premium or penalty except for any amounts payable under Section 3.6(b)penalty. Prepayments shall be made by giving the Bank Agent Standard Notice thereof (which shall be irrevocable), specifying the date, and amount and type of prepayment,, and upon such date the amount so specified and accrued interest thereon shall be due and payable.
(c) [Intentionally Omitted].
Appears in 1 contract
Sources: Credit and Security Agreement (Emergent Information Technologies Inc)
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,, and upon such date the amount so specified, accrued interest thereon, and any amounts payable under Section 3.6(b) hereof shall be due and payable.
Appears in 1 contract