Common use of Prepayment of Base Rate Loans Clause in Contracts

Prepayment of Base Rate Loans. The Borrower may at any time prepay any outstanding Base Rate Loans prior to the Maturity Date in whole or in part without premium or penalty upon at least one Business Day's prior notice to the Agent. All such prepayments shall be made in minimum amounts of $500,000.00 and in increments of $100,000.00 each.

Appears in 2 contracts

Samples: Security Agreement (Renal Care Group Inc), Security Agreement (Renal Care Group Inc)

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Prepayment of Base Rate Loans. The Borrower may at any time prepay any outstanding Base Rate Loans prior to the Maturity Date in whole or in part without premium or penalty upon at least one Business Day's prior notice to the Agent. All such prepayments shall be made in minimum amounts of One Million and No/100 Dollars ($500,000.00 1,000,000.00) and in increments of Five Hundred Thousand and No/100 Dollars ($100,000.00 500,000.00) each.

Appears in 1 contract

Samples: Loan Agreement (Physicians Resource Group Inc)

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Prepayment of Base Rate Loans. The Borrower may at any time prepay any outstanding Base Rate Loans prior to the Maturity Date in whole or in part without premium or penalty upon at least one Business Day's prior notice to the Agent. All such prepayments shall be made in minimum amounts of Five Hundred Thousand and No/100 Dollars ($500,000.00 500,000.00) and in increments of One Hundred Thousand and No/100 Dollars ($100,000.00 100,000.00) each.

Appears in 1 contract

Samples: Loan Agreement (Renal Care Group Inc)

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