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.
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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.
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