Common use of Permitted Prepayments Clause in Contracts

Permitted Prepayments. The Borrower may at any time make a prepayment of all or a portion of the principal amount of the Note then outstanding (a "Permitted Prepayment") at a

Appears in 2 contracts

Sources: Loan Agreement (Transamerican Refining Corp), Loan Agreement (Transamerican Energy Corp)

Permitted Prepayments. The Borrower may at any time make a prepayment of all or a portion of the principal amount of the Note then outstanding (a "Permitted Prepayment") at aa prepayment price equal to the portion of the outstanding principal amount of the Note to be prepaid plus

Appears in 2 contracts

Sources: Loan Agreement (Transamerican Energy Corp), Loan Agreement (Transtexas Gas Corp)

Permitted Prepayments. The Borrower may at any time make a prepayment of all or a portion of the principal amount of the Note then outstanding (a "Permitted Prepayment") at aa prepayment price equal to the Accreted Value of the portion of the outstanding principal amount of the Note to be prepaid together with accrued and unpaid interest, if any, to and including the date of such Permitted Prepayment. Section 1.07. Section 7.3

Appears in 1 contract

Sources: Loan Agreement (Transamerican Refining Corp)