Prepayment Discount Sample Clauses

Prepayment Discount. In the event that Maker makes payments under the Note totaling Twenty-Five Million Dollars ($25,000,000) on or after December 10, 2013 and on or before April 25, 2014, whether through one or multiple payments, and whether pursuant to Section 2.2, Section 3.2 or Section 3.3, then all of Maker’s obligations under this Note shall be deemed to have been satisfied in full by Maker as of the date of such payment, or, in the case of multiple payments, the date on which the last such payment is made.”
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Prepayment Discount. A 10% discount will be applied to the Fees for each Initial Term or subsequent Renewal Term if Customer prepays the Fees for such entire Initial Term or Renewal Term at the commencement date of such Initial Term or Renewal Term.
Prepayment Discount. During the Fall 2006 Selling Season and the Fall 2007 Selling Season, an additional * prepayment discount will be available to Varsity for use at Varsity’s sole discretion. The Fall 2006 Selling Season shall begin on July 1, 2006 and end on October 31, 2006 and the Fall 2007 Selling Season shall begin on July 1, 2007 and end on October 31, 2007. Should Varsity elect to utilize this prepayment discount at any time during the Fall 2006 Selling Season and/or the Fall 2007 Selling Season, Varsity shall provide B&T Fulfillment with an estimate of purchases for the relevant prepayment period on a mutually agreeable schedule, likely every other week, and remit to B&T Fulfillment a cash prepayment in the amount of the estimated purchases, less the applicable * *. Any unused prepayment balance from the prior week will, at Varsity’s discretion, be applied toward prepayment of purchases in the next week or credited back to Varsity. Should Varsity underestimate purchases and, therefore, underestimate the necessary prepayment amount, all underestimated purchases would not be eligible for the prepayment discount. *
Prepayment Discount. CapitalSource, Borrower and Guarantors agree that provided no Event of Default has occurred, Borrower and/or Guarantors may prepay, in whole (but not less than whole), the Avenue Plaza Loan, including all accrued and unpaid interest earned thereon at any time on or before August 31, 2002, for an amount equal to the then Applicable Principal Balance of the Avenue Plaza Loan, less an additional amount equal to the applicable percentage set forth below of $234,384, the portion of the Commitment Fee allocable to the Avenue Plaza Loan, and the date of repayment of the Avenue Plaza Loan: Date of Repayment Percentage/Amount Prior to November 30, 2001 75% or $175,788.00 From November 30, 2001 to February 28, 2002 50% or $117,191.95 From March 1, 2002 to August 31, 2002 25% or $58,595.97 After August 31, 2002 0% or $0.00 If Borrower and/or Guarantors elect to prepay the entire Applicable Principal Balance of the Avenue Plaza Loan including all accrued and unpaid interest thereon on or before August 31, 2002, CapitalSource agrees to waive the prepayment penalty set forth in Section IV of the Avenue Plaza Note (as amended by Section 5.5 hereof).
Prepayment Discount. If Landlord receives a monthly installment on or before the first day of each month in which that installment is due and if Tenants are in full compliance with all of other provisions of this Lease, Tenants will be granted a $100.00 discount on that monthly installment and may pay the net discounted monthly installment in the amount of $2100.00. If Tenants paid the first monthly installment prior to move-in, the second monthly installment will be due on September 15, 2019, and must be paid by September 1, 2019 to be eligible for the discount. This discount is meant to encourage prompt payment of the monthly installment. A late monthly installment may subject Tenants to late fees, eviction proceedings, and liability for damages.
Prepayment Discount. In the event Maker makes principal payments totaling One Hundred Million Dollars ($100,000,000) plus all accrued, but unpaid interest outstanding on or before December 15, 2012 (without giving effect to any grace period under Section 5.1), whether through one or multiple payments, and whether pursuant to Section 3.2 or Section 3.3, then all of Maker’s obligations under this Note shall be deemed to have been satisfied in full by Maker as of the date of such payment, or, in the case of multiple payments, the date on which the last payment is made.
Prepayment Discount. In accordance with the provisions of Section 2.11 of the EPC Contract Prepayment Agreement, dated as of March 14, 2000, between Owner and Contractor (as successor in interest to Raytheon Engineers & Constructors, Inc.) (the "Prepayment Agreement"), the Parties agree that the aggregate additional amount that is due to Contractor in respect of Payment and Milestone Schedule payments 21 through 31 is $3,022,934.00, and that such amount shall be paid to Raytheon on a pro-rata basis across the remaining milestone payments in accordance with Schedule 3.3 attached hereto.
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Prepayment Discount. In the event the Term Loan and all of the ------------------- other Obligations are indefeasibly paid in full and in cash (i) prior to the first anniversary of the Effective Date, then the principal amount of the Term Loan outstanding on the date of such prepayment shall be reduced by an amount equal to $1,000,0000 or, if less, such outstanding principal amount and (ii) prior to the second anniversary of the Effective Date, then the principal amount of the Term Loan outstanding on the date of such prepayment shall be reduced by an amount equal to $500,000 or, if less, such outstanding principal amount.
Prepayment Discount. Section 2 is hereby amended by adding the following at the end thereof: *

Related to Prepayment Discount

  • Early Payment Discount The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tex. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from Contractor as follows: Payment Time - 10 Days: 2% Discount Payment Time - 20 Days: 1% Discount

  • 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).

  • Term Loan Prepayments (i) On each occasion that a Prepayment Event occurs, the Borrower shall, within three Business Days after receipt of the Net Cash Proceeds of a Debt Incurrence Prepayment Event (other than one covered by clause (iii) below) and within ten Business Days after the occurrence of any other Prepayment Event (or, in the case of Deferred Net Cash Proceeds, within ten Business Days after the Deferred Net Cash Proceeds Payment Date), prepay, in accordance with clause (c) below, Term Loans with an equivalent principal amount equal to 100% of the Net Cash Proceeds from such Prepayment Event; provided that, with respect to the Net Cash Proceeds of an Asset Sale Prepayment Event, Casualty Event or Permitted Sale Leaseback, in each case solely to the extent with respect to any Collateral, the Borrower may use a portion of such Net Cash Proceeds to prepay or repurchase Permitted Other Indebtedness (and with such prepaid or repurchased Permitted Other Indebtedness permanently extinguished) with a Lien on the Collateral ranking equal with the Liens securing the Obligations to the extent any applicable Permitted Other Indebtedness Document requires the issuer of such Permitted Other Indebtedness to prepay or make an offer to purchase such Permitted Other Indebtedness with the proceeds of such Prepayment Event, in each case in an amount not to exceed the product of (x) the amount of such Net Cash Proceeds multiplied by (y) a fraction, the numerator of which is the outstanding principal amount of the Permitted Other Indebtedness with a Lien on the Collateral ranking equal with the Liens securing the Obligations and with respect to which such a requirement to prepay or make an offer to purchase exists and the denominator of which is the sum of the outstanding principal amount of such Permitted Other Indebtedness and the outstanding principal amount of Term Loans.

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Payment Prepayment All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time without penalty.

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment of Loan So long as ECOLOGY shall hold this loan, the RECIPIENT may prepay the entire unpaid principal balance of and accrued interest on the loan or any portion of the remaining unpaid principal balance of the Loan Amount . Any prepayments on the loan shall be applied first to any accrued interest due and then to the outstanding principal balance of the Loan Amount. If the RECIPIENT elects to prepay the entire remaining unpaid balance and accrued interest, the RECIPIENT shall first contact ECOLOGY’s Revenue/Receivable Manager of the Fiscal Office.

  • Revolving Loan Prepayments (i) In the event of the termination of all the Revolving Commitments, Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit or cash collateralize all outstanding Letters of Credit in accordance with the procedures set forth in Section 2.18(i).

  • Prepayment of Loans (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

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