Prepayment Sample Clauses

Prepayment. (a) Provided no Event of Default has occurred and is continuing, Borrower may voluntarily prepay the Indebtedness in full and not in part (i) only on or prior to the day that is two (2) years after the Start-Up Day, and such prepayment shall be subject to payment of Prepayment Premium, and (ii) only on or after the date which is sixty (60) days prior to the Maturity Date and there shall be no Prepayment Premium or penalty assessed against Borrower by reason of such prepayment; provided, however, that Borrower shall give to Lender at least fifteen (15) days prior written notice of any such prepayment. Any prepayment of the Loan shall be made on a Payment Date, and if any such prepayment is not made on a Payment Date, Borrower shall also pay to Lender interest calculated at the Interest Rate that would have accrued on such prepaid Principal Indebtedness through the end of the Interest Accrual Period in which such prepayment occurs. Notwithstanding the foregoing, Permitted Transfers, defeasance in accordance with Section 2.10 and Property Substitutions in accordance with Section 2.14 are not prepayments. (b) Subject to Section 8.40, at any time during the term of the Loan, if any Borrower is required by Lender under the provisions of any Mortgage to prepay the Loan or any portion thereof in the event of damage to or destruction of, or a Taking of any Individual Property, such Borrower shall pay any Insurance Proceeds or Condemnation proceeds in the following manner and order of priority (i) first, to prepay the Loan to the full extent of the Insurance Proceeds or the Condemnation Proceeds, as applicable, to the extent of the Allocated Loan Amount for the applicable Individual Property, and (ii) to the Borrowers. (c) All prepayments of the Indebtedness made pursuant to this Section shall be applied by Lender in accordance with the provisions of Section 2.7 hereof. (d) No Borrower shall be permitted at any time to prepay all or any part of the Loan except as expressly provided in this Section.

Prepayment. Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note representing the remaining outstanding principal thereof.

Prepayment. Each Receivable allows for prepayment without penalty.

Prepayment. Each Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on such Receivable’s Annual Percentage Rate.

Prepayment. At any time, without notice to Purchaser, may pay to Purchaser any amount in excess of the payments required by sections 2.1 and 2.2.

Prepayment. Borrower shall have the right at any time and from time to time to repay any Swingline Loan, in whole or in part, upon giving written notice to the Swingline Lender and the Administrative Agent before 12:00 (noon), New York City time, on the proposed date of repayment.

Prepayment. (a) In the event that the Engine shall suffer an Event of Loss, Debtor shall pay, within sixty (60) days after the occurrence of such Event of Loss, an amount determined by adding the following: (i) the unpaid principal amount of the Note together with any fees, charges and/or expenses due in connection therewith other than interest (such amount shall be herein referred to as the "Prepaid Principal Amount"), (ii) interest accrued with respect to the Prepaid Principal Amount to the date of prepayment and (iii) an amount equal to (A) the applicable Casualty Prepayment Percentage multiplied by (B) the Prepaid Principal Amount. (b) The entire unpaid principal balance of the Note may be prepaid in full (but not in part) upon fifteen (15) days prior written notice to the Lender; provided that any such prepayment shall be made together with (i) all accrued interest and other charges owing or payable under the Note and/or this Agreement, and (ii) a prepayment fee equal to: 3% of the entire unpaid principal balance of the Note together with any accrued interest or any other amounts due or payable in connection with such prepayment (said unpaid principal balance, accrued interest and other amounts due and payable herein collectively referred to as the "Prepayment Amount") if the prepayment is made prior to the first annual anniversary date of the Note, thereafter 2% of the entire Prepayment Amount if the prepayment is made after the first annual anniversary date of the Note, but prior to the second annual anniversary date of the Note, thereafter 1% of the entire Prepayment Amount if the prepayment is made after the second annual anniversary date of the Note, but prior to the third annual anniversary date of the Note, and thereafter 1% of the entire Prepayment Amount if the prepayment is made after the third annual anniversary date of the Note, but prior to the fourth annual anniversary date of the Note, and thereafter, no Prepayment Amount shall apply. (c) Upon payment in full of the amounts required in accordance with paragraph (a) or (b) above and so long as no Event of Default has occurred and is continuing, the Collateral shall be released from the security interest of this Agreement. (d) Except as provided in paragraph (a) or (b) above or in the Note, the Note may not be prepaid in whole or in part.

Prepayment. Except as otherwise provided herein, the principal and interest under this Note may not be prepaid prior to the Maturity Date without the consent of the Holder. a. Subject to Section 4(b), at any time prior to May [—], 2013, the Company may prepay all (but not part) of the principal amount outstanding under this Note at a price equal to 101% of such outstanding principal amount plus accrued and unpaid interest to the date of prepayment; provided, that the Company must also concurrently prepay in full the amounts outstanding under all of the other Notes issued under the Purchase Agreement, plus all accrued and unpaid interest thereon. b. Subject to Section 4(b), on or after May [—], 2013, the Company may on any one or more occasions prepay all or a part of the principal amount outstanding under this Note, at the prepayment prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the principal amounts prepaid, to the applicable date of prepayment, if redeemed during the twelve-month period beginning on May [—] of the years indicated below, subject to the rights of the Holder to receive interest on the relevant Interest Payment Date: Year Percentage 2013 112.0 % 2014 112.0 % 2015 112.0 % 2016 106.0 % 2017 103.0 % 2018 and thereafter 100.0 % Unless the Company defaults in the payment of the prepayment price, interest will cease to accrue on the Note or portions thereof prepaid on the applicable prepayment date. c. During the Penalty Period, as set forth in Section 3.5 of the Purchase Agreement, the Company may prepay all (but not part) of the principal amount outstanding under this Note at a price equal to 100% of such outstanding principal amount plus all accrued and unpaid interest to the date of prepayment; provided, that the Company must also concurrently prepare in full the principal amounts outstanding under all of the other Notes issued under the Purchase Agreement, plus all accrued and unpaid interest thereon.