Common use of Prepayment Date Clause in Contracts

Prepayment Date. Upon any Prepayment Date, the Holder may exercise this Warrant for the acquisition of up to a partial proportion of the Warrant Interest equal to the proportion of the Exit Fee payable as of any such Prepayment Date.

Appears in 2 contracts

Sources: Warrant Agreement (Red Oak Capital Fund V, LLC), Warrant Agreement (Red Oak Capital Fund V, LLC)