Optional Prepayment; Prepayment Premium. (a) Subject to paragraph (d) below, the Borrowers shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part, (i) in the case of a Eurocurrency Borrowing, upon at least three Business Days’ prior written, fax or electronic mail notice (or telephone notice promptly confirmed by written, fax or electronic mail notice) or (ii) in the case of an ABR Borrowing, upon at least one Business Day’s prior written, fax or electronic mail notice (or telephone notice promptly confirmed by written, fax or electronic mail notice), in each case to the Administrative Agent before 1:00 p.m., New York City time; provided, however, that (i) each partial prepayment shall be in an amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum and (ii) any prepayment of a Borrowing pursuant to this Section 2.12(a) shall be made on a pro rata basis among the Loans comprising such Borrowing based on the aggregate principal amount of such Loans then outstanding.
Optional Prepayment; Prepayment Premium. (a) The Borrower may, subject to Section 13.01 hereof, prepay the Loan in whole or in part, together with accrued and unpaid interest on the amount prepaid plus, if applicable, the Prepayment Premium plus, if the prepayment date is on any day other than the last day of an Interest Period, any amounts payable under Section 13.01, at any time; provided, that any prepayment in part be made in a minimum amount of $1,000,000. If the Borrower wishes to make such a prepayment, it shall give the Lender Notice to that effect not later than the 30th day before the date of the prepayment, specifying the date on which the prepayment is to be made and the amount to be prepaid. Such Notice shall constitute the Borrower’s irrevocable commitment to prepay that amount on that date, together with interest accrued on the amount prepaid to but excluding the prepayment date plus, if applicable, the Prepayment Premium, plus, if the prepayment date is on any day other than the last day of an Interest Period, any amounts payable under Section 13.01.
Optional Prepayment; Prepayment Premium. The Borrower may, at its option, permanently prepay, at any time during the term of this Agreement all or any portion of the Term Loan A or the Term Loan B, subject to the following conditions: (a) not less than ten (10) days prior to the date upon which the Borrower desires to make such prepayment, Borrower shall deliver to the Lender a written notice of its intention to prepay all or such portion of the Term Loan A or the Term Loan B, which notice shall be irrevocable and state the amount of the prepayment and the prepayment date and (b) with respect solely to prepayment of the Term Loan A, the Borrower shall pay to the Lender, concurrently with such prepayment, the Prepayment Premium (in view of the impracticality and extreme difficulty of ascertaining actual damages and by mutual agreement of the parties as to a reasonable calculation of Lender’s lost profits), as well as any amounts charged in accordance with Section 3.4 hereof. Prepayments of the Term Loan A and the Term Loan B shall be applied against installments payable under the Term Loan A Note and the Term Loan B Note, as applicable, in the inverse order of maturity. Amounts prepaid on account of the Term Loan A and the Term Loan B may not be reborrowed.
Optional Prepayment; Prepayment Premium. The Company shall have the right at any time upon 90 days' written notice to the Noteholder, to prepay voluntarily the entire Unpaid Principal Amount without premium or penalty, except that any such prepayment shall be accompanied by the payment of the difference between the amount of interest actually paid by the Company under the terms hereof (including through the issuance of PIK Notes and additional Notes under Section 15(b) hereof) and the amount of interest which would have been due hereunder if such interest were calculated at a compounded rate of interest equal to 17.6% per annum (a "Prepayment Fee") through the date of such prepayment. In the event the Company elects to prepay this Note pursuant to this clause (c), it shall also simultaneously prepay all PIK Notes which are then outstanding.
Optional Prepayment; Prepayment Premium. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part, upon at least three Business Days’ prior written or fax notice (or telephone notice promptly confirmed by written or fax notice) in the case of Eurodollar Loans or upon at least one Business Day prior written or fax notice (or telephone notice promptly confirmed by written or fax notice) in the case of ABR Loans, to the Agent before 2:00 p.m., New York City time; provided, however, that each partial prepayment shall be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000.
Optional Prepayment; Prepayment Premium. The Borrower may, at its option, permanently prepay, at any time during the term of this Agreement all or any portion of the Term Loan, subject to the following conditions: (a) not less than ten (10) days prior to the date upon which the Borrower desires to make such prepayment, Borrower shall deliver to the Lender a written notice of its intention to prepay all or such portion of the Term Loan, which notice shall be irrevocable and state the amount of the prepayment and the prepayment date and (b) the Borrower shall pay to the Lender, concurrently with such prepayment, the Prepayment Premium (in view of the impracticality and extreme difficulty of ascertaining actual damages and by mutual agreement of the parties as to a reasonable calculation of Lender’s lost profits), as well as any amounts charged in accordance with Section 3.4 hereof. Prepayments of the Term Loan shall be applied against installments payable under the Term Loan Note in the inverse order of maturity. Amounts prepaid on account of the Term Loan may not be reborrowed.
Optional Prepayment; Prepayment Premium. (a) Borrower shall have the right at any time (but subject to the provisions set forth below), on 5 Business Days' prior written notice to Agent, to voluntarily prepay, in whole or in part, the then outstanding balance, including accrued and unpaid interest, of the Loans, without premium or penalty except as set forth in Section 2.4(b) below; PROVIDED, HOWEVER, that such prepayment shall be applied in the manner set forth in Section 2.10 hereof as determined by Agent or Lenders in their discretion.
