Prepayment Right Sample Clauses

Prepayment Right. The Company will have the right to pre-pay the entire Outstanding Principal Amount (as such term is defined in the Note) pursuant to the terms and conditions set forth in the Note.

Prepayment Right. The Maker shall have the right to prepay all or a portion of the outstanding principal amount of this Note plus all accrued and unpaid interest thereon.

Prepayment Right. As set forth in the Note, at any time following the Prepayment Right Date and upon giving the prior written notice set forth in the Note , the Company will have the right to pre-pay the entire then-outstanding principal amount of the Note at any time (the “Prepayment Right”); provided, that in the event that the Company elects to exercise its Prepayment Right, the Investor will have the option to convert up to one-third (1/3) of the Principal Amount of the Note, at a price per share equal to the lesser of the Repayment Share Price or the Conversion Price (as each such term is defined in the Note).

Prepayment Right. As set forth in the Note, in its sole discretion and upon giving the prior written notice set forth in the Note, the Company will have the right to pre-pay the entire then outstanding principal amount of the Note and all interest accrued thereon at any time with no penalty or premium of any kind (“Prepayment Right”); provided, that in the event that the Company elects to exercise its Prepayment Right, the Investor will have the option to convert up to twenty-five percent (25%) of the then outstanding principal amount of the Note and all interest accrued thereon, at a price per share equal to the lesser of the Cash Repayment Price and the Conversion Price (as each such terms is defined in the Note).

Prepayment Right. As set forth in the Note, the Company will not have the right to pre-pay the entire then-outstanding principal amount of the Notes without the written consent of a Majority in Interest of the Investors.

Prepayment Right. Maker shall have the right to prepay at any time, in whole or in part, the Outstanding Principal Balance of this Note, without premium or penalty.

Prepayment Right. The Maker has the right to prepay this Note in lawful money of the United States with the written consent of the Holder. If this Note is prepaid in lawful money of the United States prior to an IPO, the payment amount shall equal 110% of the Principal Amount.

Prepayment Right. The Owner shall have the right to prepay the whole or any part of the unpaid balance of the amount due under this Agreement without penalty.

Prepayment Right. The Company may prepay this Note in whole or from time to time in part, together with all accrued interest on this Note (or portion being prepaid) without penalty or premium of any kind, provided that the Company shall have given the Holder of this Note written notice (a “Notice of Prepayment”) specifying (A) a date certain (the “Prepayment Date”) on which the Company thereby commits to make such prepayment; and (B) the principal amount of that prepayment. To be effective, a Notice of Prepayment must have been received by the Holder of this Note not later than 14 days prior to the Prepayment Date. Upon Holder’s receipt Notice of Prepayment, the Prepayment Date shall thereby become the Installment Date for the principal amount of prepayment specified in the Notice of Prepayment.