Common use of Optional Prepayment with Premium Clause in Contracts

Optional Prepayment with Premium. Upon compliance with SS.2.3, the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount equal to the Make-Whole Amount with respect to such principal amount then to be prepaid, determined as of five business days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3.

Appears in 1 contract

Samples: World Acceptance Corporation (World Acceptance Corp)

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Optional Prepayment with Premium. Upon compliance with SS.2.3, ss.2.4 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding NotesNotes of any Series, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000100,000) by payment of the principal amount of the NotesNotes of such Series, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days Business Days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3ss.2.2.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Optional Prepayment with Premium. (a) Upon compliance with SS.2.3Section 2.4, the Company shall have the privilege, at any time and from time to time, of prepaying any tranche of the outstanding NotesNotes (subject to clause (b) of this Section 2.2), either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) ), by payment of the principal amount of the Notessuch tranche, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days two Business Days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3Section 2.2.

Appears in 1 contract

Samples: Note Agreement (Universal Forest Products Inc)

Optional Prepayment with Premium. Upon In addition to the payments required by [SECTION]2.1, upon compliance with SS.2.3, [SECTION]2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000100,000) by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3[SECTION]2.2.

Appears in 1 contract

Samples: Note Agreement (Berkshire Gas Co /Ma/)

Optional Prepayment with Premium. Upon In addition to the payments required by Section 2.4, upon compliance with SS.2.3Section 2.3, the Company shall have the privilege, at any time and from time to time, time on any interest payment date of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) ), by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaid(as defined in Section 5.2), determined as of five two business days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3Section 2.2.

Appears in 1 contract

Samples: Loan Agreement (Pennichuck Corp)

Optional Prepayment with Premium. Upon compliance with SS.2.3ss.2.3, the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount equal to the Make-Whole Amount with respect to such principal amount then to be prepaid, determined as of five business days prior to the date of such prepayment pursuant to this SS.2.2ss.2.2. .SECTION .Section 2.3.

Appears in 1 contract

Samples: Note Agreement (World Acceptance Corp)

Optional Prepayment with Premium. Upon In addition to the payments required by (S)2.1, upon compliance with SS.2.3, (S)2.4 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum aggregate principal amount of $1,000,000100,000) by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3(S)2.2.

Appears in 1 contract

Samples: Bwip Inc

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Optional Prepayment with Premium. Upon In addition to the payments required by §2.1, upon compliance with SS.2.3, §2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes and the Series B Notes by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a Premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days two Business Days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3§2.2.

Appears in 1 contract

Samples: Note Agreement (Allied Capital Corp)

Optional Prepayment with Premium. Upon (a) In addition to the payments required by SECTION 2.1, upon compliance with SS.2.3, SECTION 2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Series A Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) by payment of the principal amount of the Series A Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Series A Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five business days two Business Days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3SECTION 2.2.

Appears in 1 contract

Samples: Note Agreement (Allied Capital Corp)

Optional Prepayment with Premium. Upon In addition to the payments ---------------------------------------------- required by (S)2.1, upon compliance with SS.2.3, (S)2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000100,000) by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with an additional amount a premium equal to the Make-Whole Amount with respect to such principal amount then to be prepaidAmount, determined as of five three business days prior to the date of such prepayment pursuant to this SS.2.2. .SECTION 2.3(S)2.2.

Appears in 1 contract

Samples: Assumption Agreement (Bei Technologies Inc)

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