Common use of Partial Prepayment Clause in Contracts

Partial Prepayment. (a) On or after December 1, 2027, the City may prepay the Basic Rent Payments with respect to the Series 2020A Certificates in whole or in part, upon giving written notice to the Trustee at least 30 days before the prepayment date, at the prepayment price equal to 100% of the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Date.

Appears in 2 contracts

Samples: Fourth Supplemental Lease Purchase Agreement, Fourth Supplemental Lease Purchase Agreement

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Partial Prepayment. (a) On or after December 1, 2027, the The City may prepay the Basic Rent Payments with respect attributable to the Series 2020A 2017 Certificates in whole or in part, upon giving written notice to the Trustee at least 30 45 days before the prepayment datedate (unless a shorter notice is satisfactory to the Trustee), on any date occurring on or after October 1, 2025, at the prepayment price equal to 100% of the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Dateprepayment date.

Appears in 1 contract

Samples: Lease Purchase Agreement

Partial Prepayment. (a) On or after December 1, 202720 , the City may prepay the Basic Rent Payments with respect to the Series 2020A Certificates in whole or in part, upon giving written notice to the Trustee at least 30 45 days before the prepayment datedate (unless the Trustee consents to a shorter notice period), at the prepayment price equal to 100% of the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Date.

Appears in 1 contract

Samples: Lease Purchase Agreement

Partial Prepayment. (a) On or after December 1, 2027, the The City may prepay the Basic Rent Payments with respect to the Series 2020A Certificates in whole or in part, upon giving written notice to the Trustee at least 30 45 days before the prepayment datedate (unless a shorter notice is satisfactory to the Trustee), on any date occurring on or after October 1, 20 , at the prepayment price equal to 100% of the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Dateprepayment date.

Appears in 1 contract

Samples: Lease Purchase Agreement

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Partial Prepayment. (a) On or after December 1, 2027, the The City may prepay the Basic Rent Payments with respect to the Series 2020A Certificates in whole or in part, upon giving written notice to the Trustee at least 30 45 days before the prepayment date, date (unless shorter notice is satisfactory to the Trustee) at the prepayment price Purchase Price equal to 100% of the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Datepurchase date.

Appears in 1 contract

Samples: Lease Purchase Agreement

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