PREPAYMENT OF THE SENIOR NOTES Sample Clauses

PREPAYMENT OF THE SENIOR NOTES. 11 5.01. Mandatory Prepayments and Offer of Prepayments 11 5.02. Optional Prepayments with Make-Whole Amount 16 5.03. Optional Offers of Prepayments without Make-Whole Amount 16 5.04. Allocation of Optional Partial Prepayments 17 5.05. Maturity; Surrender, Etc. 17 5.06. Purchase of Senior Notes 17 5.07. Make-Whole Amount 17 6. Representations of the Purchaser. 19 6.01. Purchase for Investment 19
Sample 1
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PREPAYMENT OF THE SENIOR NOTES. Any Senior Note shall be subject to required prepayment as and to the extent provided in Section 5.01. Any Senior Notes shall also be subject to prepayment under the circumstances set forth in Sections 5.02 and 5.03. Any prepayment made by the Company pursuant to any other provision of this Section 5 shall not reduce or otherwise affect its obligation to make any required prepayment as specified in Section 5.01.
Sample 1
PREPAYMENT OF THE SENIOR NOTES. The Commitments shall be reduced, and the Borrower shall make a prepayment of the Loans, if at any time Loan Parties or their Subsidiaries shall make a Senior Note Payment as described in Section 7.2.16 [Limitation on Prepayment of Debt]. Such repayment of the Loans (the "Credit Agreement Repayment") shall equal (A) the amount of such Senior Note Payment multiplied by (B) a fraction the numerator of which is the Banks' Ratable Share of the Senior Credit Outstandings and the denominator of which is the difference between 1.0 and the Banks' Ratable Share of the Senior Credit Outstandings. Such reduction of Commitments shall equal the product of (A) the Banks' Ratable Share of the Senior Credit Committed Amounts times (B) the sum of the amount of such Senior Note Payment plus the Credit Agreement Repayment.
Sample 1

Related to PREPAYMENT OF THE SENIOR NOTES

  • Prepayment of the Notes In addition to the payment of the entire unpaid principal amount of the Notes at the final maturity thereof, the Company may make optional prepayments in respect of the Notes as hereinafter provided.

  • Payment and Prepayment of the Notes Section 8.1.

  • Prepayment of Notes No prepayment of the Notes may be made except to the extent and in the manner expressly provided in this Agreement.

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • Prepayment of Debt Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt.

  • Payment of the Notes Not later than 10:00 a.m. (New York City time) on each due date of the principal of, premium, if any, and interest on any Notes, the Company shall deposit with the Paying Agent money in immediately available funds sufficient to pay such principal, redemption payments, premium, if any, and interest so becoming due. All the payments must be in U.S. Dollars.

  • Prepayment of the Loan The Company may from time to time prepay all or any portion of the Loan without premium or penalty of any type. The Company shall give the Lender at least three Business Day prior written notice of its intention to prepay the Loan, specifying the date of payment and the total amount of the Loan to be paid on such date.

  • Notes; Repayment of Loans (a) All Revolving Credit Loans made by a Lender to the Borrowers shall be evidenced by a single Revolving Credit Note, duly executed on behalf of the Borrowers, dated the Closing Date, in substantially the form of EXHIBIT B annexed hereto, delivered and payable to such Lender in a principal amount equal to its Revolving Credit Commitment on such date. The outstanding balance of each Revolving Credit Loan, as evidenced by any such Revolving Credit Note, shall mature and be due and payable on the Revolving Credit Termination Date if such date occurs earlier than the Conversion Date or, subject to the terms and conditions of this Agreement, including, without limitation, that no Default or Event of Default shall then exist, shall be converted to a Term Loan on the Conversion Date. The Term Loan made by a Lender on the Conversion Date shall be evidenced by a single Term Note, duly executed on behalf of the Borrowers, dated the Conversion Date, in substantially the form of EXHIBIT A annexed hereto, delivered and payable to such Lender in a principal amount equal to its PRO RATA share (based on its Revolving Credit Commitment) of the Revolving Credit Loans being converted on such date; PROVIDED, HOWEVER, that the failure of the Borrowers to deliver Term Notes pursuant to the provisions of this Section shall not affect the liability of the Borrowers to repay the amount of Revolving Credit Loans being converted.

  • Prepayment of Other Indebtedness, Etc (a) Amend or modify any of the terms of any Indebtedness of any Loan Party or any Subsidiary (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.

  • Repayment of Debt If the General Partners unanimously elect, or are required by one or more third parties, to repay or repurchase at the Closing Date (or thereafter in connection with the sale of properties) any indebtedness of Target or any subsidiary of Target, at the Closing Date (or thereafter in connection with the sale of properties), the General Partners shall pay in cash such indebtedness plus any costs, expenses or fees associated with such repayment or repurchase, including without limitation any prepayment fees or penalties, to be repaid, pro rata in accordance with their respective Capital Accounts. For these purposes, “indebtedness” shall be deemed to include the costs of unwinding any interest rate swaps, caps, treasury locks and other derivatives and xxxxxx associated with the indebtedness that is being repaid.

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